Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PGS AJR Packaging from Gistel, company number BE0772342803, closed financial year 2025 with a result of € -2,362 after tax. For that financial year PGS AJR Packaging recorded a gross margin of € 154,677 and equity of € 24,072. Compared with financial year 2024, the result moved from € 727 to € -2,362. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 2, 2026.
€ 24,072
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,362
▼ still € 727 profit in 2024
Profit after tax over the fiscal year.
€ 1,321
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -928.
People and assets in 2025
1.9
▼ 4.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 155,497
▼ 55% vs 2024
€ 81,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,541
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,282
▼ 96% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 289,647 | € 320,799 | € 353,581 | € 154,677 | ▼ 56% |
| Profit after taxes | € 10,087 | € 6,319 | € 727 | € -2,362 | ▼ € 3,089 |
| Equity | € 25,087 | € 25,707 | € 26,434 | € 24,072 | ▼ 9% |
| Total debts | € 72,247 | € 64,958 | € 40,972 | € 5,822 | ▼ 86% |
| Cash | € 46,668 | € 67,016 | € 40,909 | € 1,321 | ▼ 97% |
| Retained profit | € 87 | € 707 | € 1,434 | € -928 | ▼ € 2,362 |
| Balance sheet total | € 97,334 | € 90,665 | € 67,406 | € 29,894 | ▼ 56% |
| Employees (FTE) | 5.1 | 5.8 | 6.8 | 1.9 | ▼ 4.9 |
Key figures of PGS AJR Packaging, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to PGS AJR Packaging?
What happened at PGS AJR Packaging in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,362 (▼ € 3,089 vs 2024). Source: NBB ↗
- New establishment in Lobbes. KBO
- Grauwet Roger BV became a director. NBB
- Graco BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,087 profit in 2022 to € 2,362 loss in 2025.
Paid € 11,853 in corporate taxes since 2022.
Best year ever: 2022, with € 10,087 profit.
On average € 81,400 of value added per employee in 2025.
A new publication or filing at PGS AJR Packaging? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PGS Demey comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PGS AJR PackagingBehind PGS AJR Packaging are Grauwet Roger BV and Graco BV. The shares are held by PGS Demey (100%).
Directors
According to the 2025 annual accounts
Director · represented by Roger Grauwet
Also active at: PGS RODANAR PALLETS, PGS De Backer Pallets, PGS MATON, PGS PALLETHANDEL EELEN, PGS RDB Pallets, Nails Of Flanders, PGS RECON, PGS Rec Belgium +2 more
since 2021
Director · represented by Luc Grauwet
Also active at: PGS RODANAR PALLETS, PGS De Backer Pallets, PGS MATON, White Field Development, PGS PALLETHANDEL EELEN, Nails Of Flanders, PGS RECON, PGS Rec Belgium +3 more
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Torhoutse Baan 5 box 2
8470 Gistel
Rue Evelyn Drory 5
6543 Lobbes
Active since 6 August 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →FINIMMO 9600
€ 32,627 gross margin · 2025
PGS RODANAR PALLETS same network
€ 50.5 million revenue · 2025
PGS De Backer Pallets same network
€ 49.3 million revenue · 2025
White Field Development same network
€ 161,870 gross margin · 2025
PGS SPECIAL PACKAGING same network
€ 209,625 gross margin · 2025
+16 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0772.342.803
- VAT number
- BE 0772.342.803
- Registered office
- Torhoutse Baan 5 bus 2, 8470 Gistel
- Names & denominations
- PGS AJR Packaging
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 August 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Zagen en schaven van hout
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening
Vervaardiging van houten emballage
Activiteiten van hoofdkantoren
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Andere vormen van arbeidsbemiddeling