ACTIVE

ACE PACKAGING

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Financial year 2025 · Closed on 31/12/2025

Net result4,7 M €-16,7 %over 1 year

Revenue55,3 M €-2,8 %over 1 year

Equity30,8 M €+18,1 %over 1 year

Workforce70,4 ETP+3,1 %over 1 year

Identity

Source · BCE/KBO

ACE PACKAGING is a Public limited company incorporated in 1965. Its main activity is: Manufacture of paper and paperboard. Its registered office is in Diest. It employs on average 70,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0400.942.669
Incorporation: 08/05/1965
Legal form: Public limited company
Registered office: Itselaarlaan 5 box A
3290 Diest · FlandreSee on map
Contributed capital: 7 629 139,00 €
Latest accounts: 31/12/2025
Average workforce: 70,4 ETP

Activities (NACE)

17120Manufacture of paper and paperboard· main 17120Manufacture of paper and paperboard 17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard 17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard 21121Manufacture of basic pharmaceutical products 21210Manufacture of pharmaceutical preparations+3

Joint committees (4)

136
149
14904
222

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	55,3 M €	-2.8%	56,9 M €	-0.7%	57,3 M €	-8.1%	62,3 M €	+25.0%	49,9 M €
EBITDA	6,4 M €	-5.2%	6,7 M €	+25.2%	5,4 M €	+41.4%	3,8 M €	+11.9%	3,4 M €
Operating result	4,9 M €	-17.5%	5,9 M €	+44.3%	4,1 M €	+45.0%	2,8 M €	+25.9%	2,3 M €
Net result	4,7 M €	-16.7%	5,7 M €	+57.1%	3,6 M €	+72.9%	2,1 M €	+22.4%	1,7 M €
Balance sheet
Equity	30,8 M €	+18.1%	26,1 M €	-41.8%	44,8 M €	+8.8%	41,2 M €	+5.3%	39,1 M €
Total assets	38,6 M €	+12.3%	34,4 M €	-34.2%	52,3 M €	+6.7%	49 M €	+1.5%	48,3 M €
Cash	904,4 k €	-31.6%	1,3 M €	-13.3%	1,5 M €	-26.8%	2,1 M €	+32.0%	1,6 M €
Debts	7,5 M €	-7.8%	8,1 M €	+14.4%	7,1 M €	-0.5%	7,2 M €	-13.4%	8,3 M €
Other
Workforce	70,4 ETP	+3.1%	68,3 ETP	-10.6%	76,4 ETP	-6.5%	81,7 ETP	-3.0%	84,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Aldeas0766.304.651Represented by Dave STAPPAERTS	Director01/05/2021 → 31/08/2030
EPOS0825.687.259Represented by Olivier Stappaerts	Director20/12/2024 → 31/08/2030
KV consulting0689.681.579Represented by Kim Verminck	Director23/07/2018 → 31/08/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MAD CONSULT0775.772.049Represented by Maxim Claesen	Director01/11/2021 → 2021 accounts
CORFIM0429.917.757Represented by Olivier STAPPAERTS	Director27/06/2019 → 2023 accountsManaging director27/06/2019 → 2020 accounts
Dave Stappaerts	Director27/06/2019 → 30/04/2021

Other companies at this address

Itselaarlaan 5 3290 Diest

Company	CBE no.
ACEFIN● Active	1016.732.620
ACE GROUP● Active	0831.376.112
CORFIM● Active	0429.917.757
Go 2● Active	0466.135.181
GO2 Invest● Active	0662.747.055
Innodos● Active	1018.467.930
SB DIEST● Active	0862.737.992

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/09/2026	13/08/2025	22/07/2024	05/09/2023	19/09/2022	11/10/2021
General meeting	04/09/2026	12/08/2025	15/07/2024	29/08/2023	15/09/2022	30/09/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	04/09/2026	09/09/2026	Dutch	PDF
Full model	31/12/2024	12/08/2025	13/08/2025	Dutch	PDF
Full model	31/12/2023	15/07/2024	22/07/2024	Dutch	PDF
Full model	31/12/2022	29/08/2023	05/09/2023	Dutch	PDF
Full model	31/12/2021	15/09/2022	19/09/2022	Dutch	PDF
Full model	31/12/2020	30/09/2021	11/10/2021	Dutch	PDF
Full model	31/12/2019	08/09/2020	05/10/2020	Dutch	PDF
Full model	31/12/2018	27/06/2019	15/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	10/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	17/07/2017	Dutch	PDF
Full model	31/12/2015	24/06/2016	08/07/2016	Dutch	PDF
Full model	31/12/2014	26/06/2015	20/08/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	10/07/2014	Dutch	PDF
Full model	31/12/2012	24/06/2013	21/08/2013	Dutch	PDF
Full model	31/12/2011	04/06/2012	12/07/2012	Dutch	PDF
Full modelCorrection	31/12/2010	30/05/2011	09/08/2011	Dutch	PDF
Full model	31/12/2010	30/05/2011	18/07/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	07/07/2010	Dutch	PDF
Full model	31/12/2008	09/06/2009	16/06/2009	Dutch	PDF
Full model	31/12/2007	23/06/2008	28/07/2008	Dutch	PDF
Full model	31/12/2006	29/06/2007	26/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Aldeas0766.304.651Represented by Dave STAPPAERTS	Director01/05/2021 → 31/08/2030
EPOS0825.687.259Represented by Olivier Stappaerts	Director20/12/2024 → 31/08/2030
KV consulting0689.681.579Represented by Kim Verminck	Director23/07/2018 → 31/08/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MAD CONSULT0775.772.049Represented by Maxim Claesen	Director01/11/2021 → 2021 accounts
CORFIM0429.917.757Represented by Olivier STAPPAERTS	Director27/06/2019 → 2023 accountsManaging director27/06/2019 → 2020 accounts
Dave Stappaerts	Director27/06/2019 → 30/04/2021

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other04/08/2026
DIVERSEN
PDF
Other08/07/2026
DIVERSEN
PDF
Restructuring20/06/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring16/04/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates10/03/2025
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring22/01/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates07/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring21/11/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1965

Name

Registered office

Annual accounts

Filings17 filings

Mandates

KV consulting

Aldeas

EPOS

MAD CONSULT

CORFIM

Dave Stappaerts

Nicole Thys

Nicole Thijs

Olivier Stappaerts

19661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

ACE PACKAGING

Itselaarlaan 5 bte A, 3290 DiestIndustrieterrein 1 bte 1, 3290 Diest

Director

Managing directorDirector

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Itselaarlaan 5 bte A, 3290 DiestCurrent	accounts 2025	Accounts 2025 · 2026-00509090
Industrieterrein 1 bte 1, 3290 Diest	accounts 2021 → 2024	Accounts 2024 · 2025-00373735

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ACE PACKAGINGCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00509090

Events

2025
Annual accounts 20254,7 M €↓
21/05/2025
autre
2024
Annual accounts 20245,7 M €↑
20/12/2024
nominationEPOS BV · bestuurder
20/12/2024
nominationAldeas CommV · bestuurder
20/12/2024
nominationKV Consulting BV · bestuurder
20/12/2024
autreKV Consulting BV
20/12/2024
split
20/12/2024
reduction_capital
15/07/2024
reconductionKV Consulting BV · bestuurder
01/07/2024
reduction_capital
01/07/2024
apport
2023
Annual accounts 20233,6 M €↑
2022
Annual accounts 20222,1 M €↑
15/09/2022
reconductionBDO Bedrijfsrevisoren BV · commissaris
15/09/2022
nominationKatleen Daems · vaste vertegenwoordiger
2021
Annual accounts 20211,7 M €↓
2020
Annual accounts 20203,5 M €↑
2019
Annual accounts 20191 M €↓
2018
Annual accounts 20181,3 M €↓
2017
Annual accounts 20171,9 M €↓
2016
Annual accounts 20162,1 M €↑
2013
Annual accounts 2013347,4 k €↑
2012
Annual accounts 2012176,4 k €↑
2011
Annual accounts 2011-152,8 k €↓
2010
Annual accounts 2010226,7 k €↑
2008
Annual accounts 2008169,4 k €↓
2007
Annual accounts 2007606,2 k €↑
2006
Annual accounts 2006364,7 k €
08/05/1965
IncorporationPublic limited company

ACE PACKAGING

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events