ACTIVE

Smurfit Westrock Gent

Financial year 2024 · Closed on 31/12/2024

Net result778 k €+193,9 %over 1 year
Revenue41,4 M €+22,7 %over 1 year
Equity11,6 M €+7,2 %over 1 year
Workforce187,4 ETP+0,9 %over 1 year

Identity

Source · BCE/KBO

Smurfit Westrock Gent is a Public limited company incorporated in 1961. Its registered office is in Gent. It employs on average 187,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0401.078.172
Incorporation
02/11/1961
Legal form
Public limited company
Registered office
Industrieweg 192
9030 Gent · FlandreSee on map
Contributed capital
662 000,00 €
Latest accounts
31/12/2024
Average workforce
187,4 ETP
Joint committees (2)
  • 136
  • 222
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20242023202220212020
Income statement
Revenue41,4 M €33,7 M €27,7 M €24,7 M €24,5 M €
EBITDA1,6 M €-61,3 k €-1 M €1,2 M €431,3 k €
Operating result677,3 k €-1,2 M €-2,7 M €291,1 k €-1,3 M €
Net result778 k €-828,8 k €-2,7 M €287,2 k €-1,2 M €
Balance sheet
Equity11,6 M €10,8 M €11,6 M €14,3 M €14 M €
Total assets34,5 M €34,5 M €34,6 M €36,2 M €35,4 M €
Cash2,8 M €574,5 k €328,2 k €2,7 M €2,7 M €
Debts23 M €23,7 M €22,9 M €21,9 M €21,4 M €
Other
Workforce187,4 ETP185,7 ETP184,9 ETP188,0 ETP194,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 35 ended

Active mandates

Mark Shaw

Director · since 11 octobre 2022 · until 01 mars 2028

Active
Peter Willem Schut

Director · since 11 octobre 2022 · until 01 mars 2028

Active

Ended mandates

Andrew Darrington

Director · since 01 mars 2022 · until 28 février 2023

Ended
Mark Shaw

Director · since 01 septembre 2021 · until 02 mars 2026

Ended
Neil Wilkinson

Director · since 01 septembre 2021 · until 02 mars 2026

Ended
Mark Wenham

Director · since 03 décembre 2019 · until 02 décembre 2024

Ended

Other companies at this address

Industrieweg 192 9030 Gent
CompanyCBE no.
0400.914.361

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202301/10/202201/10/202101/10/202001/10/201901/10/2018
Closing of the financial year31/12/202430/09/202330/09/202230/09/202130/09/202030/09/2019
Length of the financial year15 months12 months12 months12 months12 months12 months
Filing date20/06/202511/03/202413/03/202309/03/202212/03/202113/03/2020
General meeting16/06/202528/02/202428/02/202328/02/202201/03/202128/02/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202416/06/202520/06/2025DutchPDF
Full model30/09/202328/02/202411/03/2024DutchPDF
Full model30/09/202228/02/202313/03/2023DutchPDF
Full model30/09/202128/02/202209/03/2022DutchPDF
Full model30/09/202001/03/202112/03/2021DutchPDF
Full model30/09/201928/02/202013/03/2020DutchPDF
Full model30/09/201828/02/201922/03/2019DutchPDF
Full model30/09/201728/02/201813/03/2018DutchPDF
Full model30/06/201605/12/201615/12/2016DutchPDF
Full model30/06/201507/12/201517/12/2015DutchPDF
Full model30/06/201401/12/201415/12/2014DutchPDF
Full model31/12/201302/06/201403/07/2014DutchPDF
Full model31/12/201203/06/201318/06/2013DutchPDF
Full model31/12/201104/06/201209/07/2012DutchPDF
Full model31/12/201006/06/201128/06/2011DutchPDF
Full model31/12/200907/06/201006/07/2010DutchPDF
Full model31/12/200802/06/200924/06/2009DutchPDF
Full model31/12/200702/06/200829/07/2008DutchPDF
Full model31/12/200604/06/200720/06/2007DutchPDF
Consolidated accounts31/12/200607/03/200702/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2024

2 active · 35 ended

Active mandates

Mark Shaw

Director · since 11 octobre 2022 · until 01 mars 2028

Active
Peter Willem Schut

Director · since 11 octobre 2022 · until 01 mars 2028

Active

Ended mandates

Andrew Darrington

Director · since 01 mars 2022 · until 28 février 2023

Ended
Mark Shaw

Director · since 01 septembre 2021 · until 02 mars 2026

Ended
Neil Wilkinson

Director · since 01 septembre 2021 · until 02 mars 2026

Ended
Mark Wenham

Director · since 03 décembre 2019 · until 02 décembre 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other12/02/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates12/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates05/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024778 k €↑
  2. 2023
    Annual accounts 2023-828,8 k €↑
  3. 2023
    Name changeMPS GENT
  4. 2022
    Annual accounts 2022-2,7 M €↓
  5. 2021
    Annual accounts 2021287,2 k €↑
  6. 2020
    Annual accounts 2020-1,2 M €↑
  7. 2019
    Annual accounts 2019-1,8 M €↓
  8. 2018
    Annual accounts 2018355,8 k €↓
  9. 2017
    Annual accounts 20172 M €↑
  10. 2016
    Annual accounts 2016758,1 k €↑
  11. 2015
    Annual accounts 2015-138,6 k €↓
  12. 2014
    Annual accounts 2014131,1 k €↑
  13. 2014
    Name changeMulti Packaging Solutions Gent
  14. 2013
    Annual accounts 2013-308,8 k €↑
  15. 2012
    Annual accounts 2012-3,5 M €↓
  16. 2011
    Annual accounts 2011742,3 k €↑
  17. 2010
    Annual accounts 2010636,4 k €↓
  18. 2009
    Annual accounts 2009867,7 k €↑
  19. 2008
    Annual accounts 2008155,3 k €↓
  20. 2007
    Annual accounts 2007263,7 k €↓
  21. 2007
    Name changeChesapeake Gent
  22. 2006
    Annual accounts 2006748,4 k €
  23. 2006
    Name changeMAREEN
  24. 02/11/1961
    IncorporationPublic limited company