ACTIVE

AVERY DENNISON MATERIALS BELGIUM

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Financial year 2017 · closed on 31/12/2017

Net result

52,2 M €

+1886.6% YoY

Revenue

125,7 M €

-21.6% YoY

Equity

64,1 M €

+163.8% YoY

Workforce

385,5 ETP

-20.7% YoY

What does AVERY DENNISON MATERIALS BELGIUM do?

AVERY DENNISON MATERIALS BELGIUM is a Private limited company incorporated in 1971. Its main activity is: Manufacture of paper and paperboard. Its registered office is in Soignies. It employs on average 385,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0408.229.844

Incorporation

23/03/1971

Legal form

Private limited company

Registered office

boul. John Fitzgerald Kennedy ZI box Zone B
7060 Soignies · WallonieSee on map

Latest accounts

31/12/2017

Average workforce

385,5 ETP

Activities (NACE)

17120Manufacture of paper and paperboard· main 17120Manufacture of paper and paperboard 21121Manufacture of basic pharmaceutical products 22260Manufacture of plastic products 22290Manufacture of other plastic products 25240Manufacture of tanks, reservoirs and containers of metal

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 6 financial years

	2017		2014		2010		2009		2008		2006
Income statement
Revenue	125,7 M €	-21.6%	160,4 M €	-3.2%	165,6 M €	+7.3%	154,3 M €	-17.6%	187,3 M €	-9.7%	207,3 M €
EBITDA	49,5 M €	+1743%	-3 M €	-160%	5,1 M €	+1938%	-275,6 k €	-103%	8,5 M €	-43.2%	15 M €
Operating result	46,4 M €	+759%	-7 M €	-426%	2,2 M €	+152%	-4,1 M €	-176%	5,4 M €	-53.4%	11,7 M €
Net result	52,2 M €	+1887%	2,6 M €	-16.6%	3,2 M €	-1.9%	3,2 M €	-1.4%	3,3 M €	-50.6%	6,6 M €
Balance sheet
Equity	64,1 M €	+164%	24,3 M €	-16.7%	29,2 M €	+11.4%	26,2 M €	-55.0%	58,1 M €	+19.3%	48,7 M €
Total assets	93,6 M €	-0.2%	93,7 M €	-15.1%	110,4 M €	+7.3%	102,9 M €	-6.6%	110,2 M €	-9.8%	122,2 M €
Cash	1,4 M €	-78.5%	6,6 M €	+131%	2,8 M €	+157%	1,1 M €	-34.2%	1,7 M €	-40.6%	2,8 M €
Debts	24 M €	-64.7%	68,1 M €	-13.9%	79,1 M €	+6.7%	74,2 M €	+48.3%	50 M €	-30.8%	72,3 M €
Other
Workforce	385,5 ETP	-20.7%	485,9 ETP	-6.3%	518,8 ETP	-4.3%	542,2 ETP	-5.9%	576,0 ETP	+0.2%	574,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2017 · 5 active · 13 ended

Active mandates

Frederic ROSET

Manager · since 24 novembre 2017

Active

Frédéric NOEL

Manager · since 09 octobre 2017

Active

Jeroen DIDERICH

Manager · since 11 janvier 2017

Active

KARL HEINZ LAURET

Manager · since 01 août 2016

Active

Guido ALVINO

Manager · since 06 mars 2015 · until 24 avril 2017

Active

Ended mandates

DANIEL BEDNAR

Manager · since 06 mars 2015

Ended

GUIDO ALVINO

Manager · since 06 mars 2015

Ended

THIERRY VAN DOOSSELAERE

Director · since 07 novembre 2014 · until 05 mars 2015

Ended

GUIDO ALVINO

Managing director · since 17 juin 2014 · until 05 mars 2015

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/07/2025	26/07/2024	16/01/2024	28/09/2022	29/07/2021	02/09/2020
General meeting	30/06/2025	28/06/2024	31/10/2023	30/06/2022	30/06/2021	01/09/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

29 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	30/06/2025	17/07/2025	French	PDF
Full model	31/12/2023	28/06/2024	26/07/2024	French	PDF
Full model	31/12/2022	31/10/2023	16/01/2024	French	PDF
Full model	31/12/2021	30/06/2022	28/09/2022	French	PDF
Full model	31/12/2020	30/06/2021	29/07/2021	French	PDF
Full model	31/12/2019	01/09/2020	02/09/2020	French	PDF
Full model	31/12/2018	20/06/2019	25/07/2019	French	PDF
Full model	31/12/2017	21/06/2018	28/09/2018	French	PDF
Full model	31/12/2016	15/06/2017	27/07/2017	French	PDF
Full model	31/12/2015	16/06/2016	13/07/2016	French	PDF
m120-f-p	31/12/2015	16/06/2016	13/07/2016	French	PDF
Full model	31/12/2014	18/06/2015	22/07/2015	French	PDF
m120-f-p	31/12/2014	18/06/2015	23/07/2015	French	PDF
Full model	31/12/2013	19/06/2014	11/07/2014	French	PDF
m120-f-p	31/12/2013	19/06/2014	11/07/2014	French	PDF
Full model	31/12/2012	21/06/2013	12/07/2013	French	PDF
m120-f-p	31/12/2012	21/06/2013	29/07/2013	French	PDF
Full model	31/12/2011	06/04/2012	15/06/2012	French	PDF
m120-f-p	31/12/2011	06/04/2012	15/06/2012	French	PDF
Full model	31/12/2010	01/04/2011	24/06/2011	French	PDF
m120-f-p	31/12/2010	01/04/2011	12/10/2011	French	PDF
Full model	31/12/2009	02/04/2010	16/06/2010	French	PDF
m120-f-p	31/12/2009	21/04/2010	16/06/2010	French	PDF
Full model	31/12/2008	03/04/2009	16/06/2009	French	PDF

View all 29 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 31/12/2017 · 5 active · 13 ended

Active mandates

Frederic ROSET

Manager · since 24 novembre 2017

Active

Frédéric NOEL

Manager · since 09 octobre 2017

Active

Jeroen DIDERICH

Manager · since 11 janvier 2017

Active

KARL HEINZ LAURET

Manager · since 01 août 2016

Active

Guido ALVINO

Manager · since 06 mars 2015 · until 24 avril 2017

Active

Ended mandates

DANIEL BEDNAR

Manager · since 06 mars 2015

Ended

GUIDO ALVINO

Manager · since 06 mars 2015

Ended

THIERRY VAN DOOSSELAERE

Director · since 07 novembre 2014 · until 05 mars 2015

Ended

GUIDO ALVINO

Managing director · since 17 juin 2014 · until 05 mars 2015

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/11/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates08/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates17/04/2025
DEMISSIONS, NOMINATIONS
PDF
Capital / shares05/09/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS
PDF
Mandates08/05/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates23/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates04/11/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates31/10/2022
DEMISSIONS, NOMINATIONS
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

23/10/2025
nominationJohannes Cornelius Maria Martinali — administrateur
30/06/2025
nominationArnaud Gain — commissaire
25/03/2025
nominationDavid Valet — administrateur
01/03/2023
nominationLouis Calcagni — Procuration
17/10/2022
reconductionPricewaterhouseCoopers Réviseurs d'Entreprises SRL — commissaire
04/10/2022
nominationMelanie Eckart — administrateur
30/06/2022
reconductionPricewaterhouseCoopers Réviseurs d'Entreprises SRL — commissaire
23/09/2021
revocationRobert Stéphane E. Bonny — délégation de pouvoirs
2017
Annual accounts 201752,2 M €↑
2017
Name changeAVERY DENNISON MATERIALS BELGIUM
2014
Annual accounts 20142,6 M €↓
2010
Annual accounts 20103,2 M €↓
2009
Annual accounts 20093,2 M €↓
2008
Annual accounts 20083,3 M €↓
2006
Annual accounts 20066,6 M €
2006
Name changeMactac Europe
23/03/1971
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

AVERY DENNISON MATERIALS BELGIUM

Overview

What does AVERY DENNISON MATERIALS BELGIUM do?

Trend over 6 financial years

Indicative valuation

Board of directors

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