Financials
Financial year 2025
B-Packaging from Waregem, company number BE0784745935, closed financial year 2025 with a result of € 54,467 after tax. For that financial year B-Packaging recorded a gross margin of € 443,291 and equity of € 260,494. Compared with financial year 2024, the result moved from € -18,803 to € 54,467. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ 260,494
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,467
▲ still € 18,803 loss in 2024
Profit after tax over the fiscal year.
€ 111,152
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 60,494.
People and assets in 2025
4
Average over the fiscal year, from the social balance sheet.
€ 254,168
▲ 1% vs 2024
€ 63,500 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.
€ 69,565
▲ 4% vs 2024
Of which on lease € 38,683.
Debts at end 2025
€ 328,894
▼ 23% vs 2024
€ 96,851 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 450,390
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,494
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 145,334 | € 406,247 | € 340,512 | € 443,291 | ▲ 30% |
| Profit after taxes | € -35,891 | € 60,721 | € -18,803 | € 54,467 | ▲ € 73,270 |
| Equity | € 164,109 | € 224,830 | € 206,027 | € 260,494 | ▲ 26% |
| Total debts | € 1,218,377 | € 933,818 | € 1,010,546 | € 869,978 | ▼ 14% |
| Cash | € 213,288 | € 207,809 | € 227,326 | € 111,152 | ▼ 51% |
| Retained profit | € -35,891 | € 24,830 | € 6,027 | € 60,494 | ▲ € 54,467 |
| Bank debt | € 557,143 | € 471,429 | € 426,069 | € 328,894 | ▼ 23% |
| Balance sheet total | € 1,382,486 | € 1,158,648 | € 1,216,573 | € 1,130,472 | ▼ 7% |
| Employees (FTE) | 2.3 | 4 | 4 | 4 |
Key figures of B-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 31 July 2027.
What happened to B-Packaging?
What happened at B-Packaging in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 54,467. Source: NBB ↗
- New establishment in Waregem. KBO
- Jolax BV became a director. NBB
- Cardinal NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 35,891 loss in 2022 to € 54,467 profit in 2025.
Paid € 43,094 in corporate taxes since 2022.
Best year ever: 2023, with € 60,721 profit.
On average € 110,800 of value added per employee in 2025.
Management
The stake of CARDINAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
B-PackagingBehind B-Packaging are Jolax BV and Cardinal NV. The shares are held by CARDINAL (100%).
Directors
According to the 2025 annual accounts
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Flanders-Fieldweg 41
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0784.745.935
- VAT number
- BE 0784.745.935
- Registered office
- Flanders-Fieldweg 41, 8790 Waregem
- Names & denominations
- B-Packaging
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2022
- Peppol
- Active · Active since 26 Sept 2025
- Activities · NACE
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