ACTIVE

JIFFY PACKAGING

Financial year 2025 · closed on 31/12/2025
Net result
728,2 k €
-80.5% YoY
Revenue
25,4 M €
-11.1% YoY
Equity
31,3 M €
+2.4% YoY
Workforce
119,1 ETP
-4.6% YoY

What does JIFFY PACKAGING do?

JIFFY PACKAGING is a Public limited company incorporated in 1924. Its main activity is: Manufacture of plastic packing goods. Its registered office is in Wellen. It employs on average 119,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.798.222
Incorporation
14/07/1924
Legal form
Public limited company
Registered office
Bodemstraat 11
3830 Wellen · FlandreSee on map
Contributed capital
28 065 360,00 €
Latest accounts
31/12/2025
Average workforce
119,1 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue25,4 M €28,6 M €30,8 M €30,9 M €28,9 M €27,1 M €29,7 M €32,4 M €27,2 M €26,6 M €31 M €29,3 M €34,8 M €39,5 M €44,1 M €45,1 M €43,1 M €42,1 M €44 M €40,6 M €
EBITDA906,7 k €3,6 M €6,9 M €2,4 M €1,9 M €9,9 M €1,1 M €1,6 M €910,6 k €314,4 k €-33,8 k €-1,5 M €-222 k €-1,4 M €1,5 M €-104,7 k €1,3 M €1,6 M €4 M €3,3 M €
Operating result89,5 k €3,3 M €6,4 M €2 M €1,4 M €8,9 M €168,2 k €1,3 M €507,6 k €-150 k €-521,8 k €-2,3 M €-1,4 M €-3,4 M €-430,3 k €-2,4 M €-1,3 M €722,8 k €3,2 M €2,5 M €
Net result728,2 k €3,7 M €6,3 M €1,7 M €1,1 M €6,9 M €-216,4 k €920,3 k €177,9 k €469,2 k €-388,9 k €661 k €-1,9 M €-7,2 M €-8,9 M €-5,3 M €-3,8 M €53,6 k €2,7 M €901,4 k €
Balance sheet
Equity31,3 M €30,5 M €26,8 M €20,4 M €18,8 M €17,7 M €10,8 M €11 M €15,2 M €16,4 M €15,9 M €16,3 M €15,7 M €17,6 M €24,8 M €33,7 M €39 M €42,8 M €42,7 M €40 M €
Total assets37,2 M €36,2 M €33,3 M €27,2 M €25,3 M €24 M €16,9 M €19,4 M €22 M €22,4 M €28,7 M €27,1 M €25,9 M €28,8 M €48 M €96,4 M €95 M €95,9 M €93,3 M €95,2 M €
Cash79,3 k €118,4 k €518,3 k €3,4 M €1,8 M €2 M €352,2 k €2,8 M €1,3 M €627 k €1 M €529,9 k €402 k €39,3 k €81,7 k €335 k €1,6 M €2,2 M €1,7 M €733,5 k €
Debts5,9 M €5,6 M €6,3 M €6,5 M €6,2 M €5,8 M €5,6 M €7,9 M €6 M €5,4 M €12 M €9,7 M €9,3 M €9,9 M €22,3 M €61,7 M €55,1 M €52,9 M €50,4 M €55 M €
Other
Workforce119,1 ETP124,8 ETP129,1 ETP132,9 ETP132,0 ETP134,7 ETP143,2 ETP143,9 ETP149,6 ETP156,6 ETP165,5 ETP189,2 ETP193,1 ETP224,4 ETP233,2 ETP236,2 ETP237,3 ETP186,2 ETP183,9 ETP175,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 66 ended

Active mandates

Alflorion

Director · since 01 novembre 2023 · until 15 juin 2029 · 0775.360.887

Represented by Jeroen Vos

Active
FARUS

Director · since 01 novembre 2023 · until 15 juin 2029 · 0801.312.050

Represented by Ulrich Van de Woestyne

Active
Dieter Debacker

Director · since 01 février 2023 · until 31 décembre 2025

Active
Nico Claerhout

Director · since 01 février 2023 · until 15 juin 2029

Active
Jan Gilbert Dejonghe

Director · since 17 juin 2019

Active

Ended mandates

Alflorion

Director · since 01 novembre 2023 · until 15 juin 2029 · 0775.360.887

Represented by Jeroen Vos

Ended
FARUS

Managing director · since 01 novembre 2023 · until 15 juin 2029 · 0801.312.050

Represented by Ulrich Van de Woestyne

Ended
Dieter Debacker

Director · since 01 février 2023 · until 15 juin 2029

Ended
Liesbeth Tielemans

Director · since 28 juin 2021 · until 20 janvier 2023

Ended
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 date22/06/202601/07/202526/06/202429/06/202322/06/202223/06/2021
General meeting19/06/202620/06/202521/06/202423/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202622/06/2026DutchPDF
Full model31/12/202420/06/202501/07/2025DutchPDF
Full model31/12/202321/06/202426/06/2024DutchPDF
Full model31/12/202223/06/202329/06/2023DutchPDF
Full model31/12/202117/06/202222/06/2022DutchPDF
Full model31/12/202018/06/202123/06/2021DutchPDF
Full model31/12/201919/06/202029/06/2020DutchPDF
Full model31/12/201804/04/201925/04/2019DutchPDF
Full model31/12/201715/06/201818/06/2018DutchPDF
Full model31/12/201616/06/201729/06/2017DutchPDF
Full model31/12/201517/06/201627/06/2016DutchPDF
Full model31/12/201430/06/201530/06/2015DutchPDF
Full model31/12/201330/09/201430/09/2014DutchPDF
Full modelCorrection31/12/201221/06/201326/09/2013DutchPDF
Full model31/12/201221/06/201306/09/2013DutchPDF
Full model31/12/201106/07/201231/07/2012DutchPDF
Full model31/12/201017/06/201104/07/2011DutchPDF
Full model31/12/200923/02/201117/03/2011DutchPDF
Full model31/12/200819/06/200917/09/2009DutchPDF
Full model31/12/200720/06/200810/07/2008DutchPDF
Full model31/12/200615/06/200710/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 5 active · 66 ended

Active mandates

Alflorion

Director · since 01 novembre 2023 · until 15 juin 2029 · 0775.360.887

Represented by Jeroen Vos

Active
FARUS

Director · since 01 novembre 2023 · until 15 juin 2029 · 0801.312.050

Represented by Ulrich Van de Woestyne

Active
Dieter Debacker

Director · since 01 février 2023 · until 31 décembre 2025

Active
Nico Claerhout

Director · since 01 février 2023 · until 15 juin 2029

Active
Jan Gilbert Dejonghe

Director · since 17 juin 2019

Active

Ended mandates

Alflorion

Director · since 01 novembre 2023 · until 15 juin 2029 · 0775.360.887

Represented by Jeroen Vos

Ended
FARUS

Managing director · since 01 novembre 2023 · until 15 juin 2029 · 0801.312.050

Represented by Ulrich Van de Woestyne

Ended
Dieter Debacker

Director · since 01 février 2023 · until 15 juin 2029

Ended
Liesbeth Tielemans

Director · since 28 juin 2021 · until 20 janvier 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DIVERSEN - DOEL
    PDF
  • Mandates01/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/11/2019
    DIVERSEN
    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 2025728,2 k €
  2. 2024
    Annual accounts 20243,7 M €
  3. 21/06/2024
    reconductionOlaf Janssen — commissaris
  4. 2023
    Annual accounts 20236,3 M €
  5. 02/11/2023
    nominationFarus BV — gedelegeerd bestuurder
  6. 01/11/2023
    nominationFarus BV — bestuurder
  7. 01/11/2023
    nominationAlflorion BV — bestuurder
  8. 02/02/2023
    nominationSteven Thielemans — gedelegeerd bestuurder
  9. 01/02/2023
    nominationNico Claerhout — bestuurder
  10. 01/02/2023
    nominationDieter Debacker — bestuurder
  11. 01/02/2023
    reconductionSteven Thielemans — bestuurder
  12. 2022
    Annual accounts 20221,7 M €
  13. 2021
    Annual accounts 20211,1 M €
  14. 2020
    Annual accounts 20206,9 M €
  15. 2019
    Annual accounts 2019-216,4 k €
  16. 2018
    Annual accounts 2018920,3 k €
  17. 2017
    Annual accounts 2017177,9 k €
  18. 2016
    Annual accounts 2016469,2 k €
  19. 2015
    Annual accounts 2015-388,9 k €
  20. 2014
    Annual accounts 2014661 k €
  21. 2014
    Name changeJIFFY PACKAGING
  22. 2013
    Annual accounts 2013-1,9 M €
  23. 2012
    Annual accounts 2012-7,2 M €
  24. 2011
    Annual accounts 2011-8,9 M €
  25. 2010
    Annual accounts 2010-5,3 M €
  26. 2009
    Annual accounts 2009-3,8 M €
  27. 2008
    Annual accounts 200853,6 k €
  28. 2007
    Annual accounts 20072,7 M €
  29. 2006
    Annual accounts 2006901,4 k €
  30. 2006
    Name changePREGIS
  31. 14/07/1924
    IncorporationPublic limited company