Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MAILING, SECURITY & PACKAGING PRODUCTS INTERNATIONAL from Mortsel, company number BE0865448549, closed financial year 2025 with a result of € 54,628 after tax. For that financial year MAILING, SECURITY & PACKAGING PRODUCTS INTERNATIONAL recorded a gross margin of € -14,734 and equity of € 120,332. Compared with financial year 2024, the result moved from € 7,949 to € 54,628. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 120,332
▲ 83% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,628
▲ € 46,679 vs 2024
Profit after tax over the fiscal year.
€ 5,724
▲ € 5,132 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 € 112,932.
Debts at end 2025
€ 1.7 million
▼ 3% vs 2024
€ 123,334 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 2,674
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 151
▲ 99% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,502 | € 23,043 | € -10,351 | € -14,734 | ▼ € 4,383 |
| Profit after taxes | € 20,071 | € -4,141 | € 7,949 | € 54,628 | ▲ € 46,679 |
| Equity | € 61,896 | € 57,755 | € 65,704 | € 120,332 | ▲ 83% |
| Total debts | € 308,889 | € 1,930,813 | € 1,916,590 | € 1,857,163 | ▼ 3% |
| Cash | € 95 | € 6,540 | € 593 | € 5,724 | ▲ € 5,132 |
| Retained profit | € 54,496 | € 50,355 | € 58,304 | € 112,932 | ▲ 94% |
| Bank debt | € 201,513 | € 1,761,746 | € 1,711,746 | € 1,661,746 | ▼ 3% |
| Balance sheet total | € 370,785 | € 1,988,568 | € 1,982,295 | € 1,977,496 |
Key figures of MAILING, SECURITY & PACKAGING PRODUCTS INTERNATIONAL, 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 MAILING, SECURITY & PACKAGING PRODUCTS INTERNATIONAL?
What happened at MAILING, SECURITY & PACKAGING PRODUCTS INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 54,628 (▲ € 46,679 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Brasschaat. KBO
In short
From € 20,071 profit in 2022 to € 54,628 profit in 2025.
Paid € 7,227 in corporate taxes since 2022.
Best year ever: 2025, with € 54,628 profit.
A new publication or filing at MAILING, SECURITY & PACKAGING PRODUCTS INTERNATIONAL? 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
Behind MAILING, SECURITY & PACKAGING PRODUCTS INTERNATIONAL are Luc Raymaekers, Jens Raymaekers and Ben Raymaekers. It owns 100% of I.T.S. itself.
Establishments
Establishment units
Physical locations of this company
Vredebaan 55
2640 Mortsel
Kleine Heide 28
2930 Brasschaat
Active since 14 May 2004
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
- 0865.448.549
- VAT number
- BE 0865.448.549
- Registered office
- Vredebaan 55, 2640 Mortsel
- Names & denominations
- MAILING, SECURITY & PACKAGING PRODUCTS INTERNATIONAL · MSPP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 2004
- Peppol
- Not registered