ACTIVE

ACE PACKAGING

Financial year 2025 · closed on 31/12/2025
Net result
4,7 M €
-16.7% YoY
Revenue
55,3 M €
-2.8% YoY
Equity
30,8 M €
+18.1% YoY
Workforce
70,4 ETP
+3.1% YoY

What does ACE PACKAGING do?

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
Joint committees (4)
  • 136
  • 149
  • 14904
  • 222
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162013201220112010200820072006
Income statement
Revenue55,3 M €56,9 M €57,3 M €62,3 M €49,9 M €44,4 M €39,7 M €37,4 M €34 M €35,9 M €18,4 M €17,6 M €16,3 M €17 M €16,4 M €18,3 M €18,6 M €
EBITDA6,4 M €6,7 M €5,4 M €3,8 M €3,4 M €5,2 M €2 M €2,9 M €2,8 M €2,4 M €497,1 k €482,4 k €71 k €587,1 k €456,8 k €1,2 M €922,6 k €
Operating result4,9 M €5,9 M €4,1 M €2,8 M €2,3 M €4,5 M €1,2 M €1,7 M €2 M €1,9 M €-82,7 k €-173 k €-567 k €-43,9 k €-196,9 k €571,5 k €247 k €
Net result4,7 M €5,7 M €3,6 M €2,1 M €1,7 M €3,5 M €1 M €1,3 M €1,9 M €2,1 M €347,4 k €176,4 k €-152,8 k €226,7 k €169,4 k €606,2 k €364,7 k €
Balance sheet
Equity30,8 M €26,1 M €44,8 M €41,2 M €39,1 M €37,5 M €34 M €33 M €31,6 M €29,7 M €23,7 M €23,4 M €23,2 M €23,4 M €6,6 M €6,4 M €5,8 M €
Total assets38,6 M €34,4 M €52,3 M €49 M €48,3 M €45,1 M €38,8 M €38 M €37,3 M €38,2 M €28,5 M €28,1 M €26,9 M €26,8 M €12,6 M €11,9 M €12,9 M €
Cash904,4 k €1,3 M €1,5 M €2,1 M €1,6 M €4,7 M €966,1 k €620,1 k €589,3 k €313,4 k €216,1 k €278,5 k €444,6 k €209,6 k €219 k €143,1 k €394,8 k €
Debts7,5 M €8,1 M €7,1 M €7,2 M €8,3 M €6,8 M €4,3 M €4,4 M €4,8 M €7,8 M €4,5 M €4,4 M €3,4 M €3 M €5,5 M €4,9 M €5,7 M €
Other
Workforce70,4 ETP68,3 ETP76,4 ETP81,7 ETP84,2 ETP89,0 ETP89,9 ETP93,5 ETP98,8 ETP106,2 ETP75,9 ETP78,2 ETP81,8 ETP88,5 ETP75,8 ETP79,2 ETP83,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 33 ended

Active mandates

Aldeas

Director · since 20 décembre 2024 · until 13 mai 2030 · 0766.304.651

Represented by Dave Stappaerts

Active
EPOS

Director · since 20 décembre 2024 · until 13 mai 2030 · 0825.687.259

Represented by Olivier Stappaerts

Active
KV consulting

Director · since 20 décembre 2024 · until 13 mai 2030 · 0689.681.579

Represented by Kim Verminck

Active

Ended mandates

Aldeas

Director · since 20 décembre 2024 · until 31 août 2030 · 0766.304.651

Represented by Dave STAPPAERTS

Ended
EPOS

Director · since 20 décembre 2024 · until 31 août 2030 · 0825.687.259

Represented by Olivier STAPPAERTS

Ended
KV consulting

Director · since 20 décembre 2024 · until 31 août 2030 · 0689.681.579

Represented by Kim VERMINCK

Ended
M.C.C.

Director · since 01 novembre 2021 · until 30 juin 2027 · 0775.772.049

Represented by Maxim Claesen

Ended
At this address

Other companies at this address

CompanyCBE no.
ACEFINActive
1016.732.620
ACE GROUPActive
0831.376.112
CORFIMActive
0429.917.757
Go 2Active
0466.135.181
GO2 InvestActive
0662.747.055
InnodosActive
1018.467.930
SB DIESTActive
0862.737.992
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/09/202613/08/202522/07/202405/09/202319/09/202211/10/2021
General meeting04/09/202612/08/202515/07/202429/08/202315/09/202230/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/09/202609/09/2026DutchPDF
Full model31/12/202412/08/202513/08/2025DutchPDF
Full model31/12/202315/07/202422/07/2024DutchPDF
Full model31/12/202229/08/202305/09/2023DutchPDF
Full model31/12/202115/09/202219/09/2022DutchPDF
Full model31/12/202030/09/202111/10/2021DutchPDF
Full model31/12/201908/09/202005/10/2020DutchPDF
Full model31/12/201827/06/201915/07/2019DutchPDF
Full model31/12/201729/06/201810/07/2018DutchPDF
Full model31/12/201630/06/201717/07/2017DutchPDF
Full model31/12/201524/06/201608/07/2016DutchPDF
Full model31/12/201426/06/201520/08/2015DutchPDF
Full model31/12/201327/06/201410/07/2014DutchPDF
Full model31/12/201224/06/201321/08/2013DutchPDF
Full model31/12/201104/06/201212/07/2012DutchPDF
Full modelCorrection31/12/201030/05/201109/08/2011DutchPDF
Full model31/12/201030/05/201118/07/2011DutchPDF
Full model31/12/200930/06/201007/07/2010DutchPDF
Full model31/12/200809/06/200916/06/2009DutchPDF
Full model31/12/200723/06/200828/07/2008DutchPDF
Full model31/12/200629/06/200726/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 33 ended

Active mandates

Aldeas

Director · since 20 décembre 2024 · until 13 mai 2030 · 0766.304.651

Represented by Dave Stappaerts

Active
EPOS

Director · since 20 décembre 2024 · until 13 mai 2030 · 0825.687.259

Represented by Olivier Stappaerts

Active
KV consulting

Director · since 20 décembre 2024 · until 13 mai 2030 · 0689.681.579

Represented by Kim Verminck

Active

Ended mandates

Aldeas

Director · since 20 décembre 2024 · until 31 août 2030 · 0766.304.651

Represented by Dave STAPPAERTS

Ended
EPOS

Director · since 20 décembre 2024 · until 31 août 2030 · 0825.687.259

Represented by Olivier STAPPAERTS

Ended
KV consulting

Director · since 20 décembre 2024 · until 31 août 2030 · 0689.681.579

Represented by Kim VERMINCK

Ended
M.C.C.

Director · since 01 novembre 2021 · until 30 juin 2027 · 0775.772.049

Represented by Maxim Claesen

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • 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

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20254,7 M €
  2. 21/05/2025
    autre
  3. 2024
    Annual accounts 20245,7 M €
  4. 20/12/2024
    nominationEPOS BV — bestuurder
  5. 20/12/2024
    nominationAldeas CommV — bestuurder
  6. 20/12/2024
    nominationKV Consulting BV — bestuurder
  7. 20/12/2024
    autreKV Consulting BV
  8. 20/12/2024
    split
  9. 20/12/2024
    reduction_capital
  10. 15/07/2024
    reconductionKV Consulting BV — bestuurder
  11. 01/07/2024
    reduction_capital
  12. 01/07/2024
    apport
  13. 2023
    Annual accounts 20233,6 M €
  14. 2022
    Annual accounts 20222,1 M €
  15. 15/09/2022
    reconductionBDO Bedrijfsrevisoren BV — commissaris
  16. 15/09/2022
    nominationKatleen Daems — vaste vertegenwoordiger
  17. 2021
    Annual accounts 20211,7 M €
  18. 2020
    Annual accounts 20203,5 M €
  19. 2019
    Annual accounts 20191 M €
  20. 2018
    Annual accounts 20181,3 M €
  21. 2017
    Annual accounts 20171,9 M €
  22. 2016
    Annual accounts 20162,1 M €
  23. 2013
    Annual accounts 2013347,4 k €
  24. 2012
    Annual accounts 2012176,4 k €
  25. 2011
    Annual accounts 2011-152,8 k €
  26. 2010
    Annual accounts 2010226,7 k €
  27. 2008
    Annual accounts 2008169,4 k €
  28. 2007
    Annual accounts 2007606,2 k €
  29. 2006
    Annual accounts 2006364,7 k €
  30. 08/05/1965
    IncorporationPublic limited company