ACTIVE

KARTONNAGE LEFEVERE - BEEL

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Financial year 2025 · Closed on 31/12/2025

Net result3 M €-14,9 %over 1 year

Revenue29,1 M €+8,1 %over 1 year

Equity15,1 M €+0,8 %over 1 year

Workforce81,6 ETP+17,9 %over 1 year

Identity

Source · BCE/KBO

KARTONNAGE LEFEVERE - BEEL is a Public limited company incorporated in 1973. Its main activity is: Manufacture of corrugated paper and paperboard and of containers of paper and paperboard. Its registered office is in Wielsbeke. It employs on average 81,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0413.759.339
Incorporation: 27/12/1973
Legal form: Public limited company
Registered office: Driekoningenstraat(S.B.V.) 7
8710 Wielsbeke · FlandreSee on map
Contributed capital: 520 701,30 €
Latest accounts: 31/12/2025
Average workforce: 81,6 ETP

Activities (NACE)

17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard· main 17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard 21210Manufacture of pharmaceutical preparations

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	29,1 M €	+8.1%	26,9 M €	-6.7%	28,8 M €	-47.2%	54,6 M €	+88.8%	28,9 M €
EBITDA	4,2 M €	-6.7%	4,5 M €	-17.4%	5,5 M €	-47.7%	10,5 M €	+262%	2,9 M €
Operating result	3,3 M €	-18.1%	4,1 M €	-18.8%	5 M €	-49.4%	9,9 M €	+329%	2,3 M €
Net result	3 M €	-14.9%	3,5 M €	-13.7%	4 M €	-48.5%	7,8 M €	+311%	1,9 M €
Balance sheet
Equity	15,1 M €	+0.8%	14,9 M €	-0.8%	15,1 M €	+33.4%	11,3 M €	+191%	3,9 M €
Total assets	24,3 M €	+30.2%	18,7 M €	-2.1%	19,1 M €	+18.6%	16,1 M €	+32.9%	12,1 M €
Cash	3,4 M €	+177%	1,2 M €	-89.7%	12 M €	+68.1%	7,1 M €	+1144%	573,1 k €
Debts	8,9 M €	+165%	3,3 M €	-7.4%	3,6 M €	-17.5%	4,4 M €	-43.0%	7,7 M €
Other
Workforce	81,6 ETP	+17.9%	69,2 ETP	+1.0%	68,5 ETP	-5.5%	72,5 ETP	-5.2%	76,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BellRock0744.626.042Represented by DIDIER LEFEVERE	Managing director22/12/2023 → 06/06/2028Director03/05/2022 → 2022 accountsendedMandatelisted until the 2021 accountsended
Marieke Lannoo	Director22/12/2023 → 06/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JULIE LEFEVERE	Director03/05/2022 → 2023 accounts
ALMELIOR0568.822.351Represented by BART VERVAECKE	Director07/12/2021 → 2022 accounts

Other companies at this address

Driekoningenstraat(S.B.V.) 7 8710 Wielsbeke

Company	CBE no.
Bellefee● Active	0416.168.305
BellRock● Active	0744.626.042
BEST IMMO● Active	0442.414.822
BLF - RENTING● Active	0445.872.178
CREA PACK● Active	0433.665.521
F & P● Active	0454.006.124
KARMA● Active	0454.005.530
Lefevere Packaging● Active	0722.616.247

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	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	18 months	12 months	12 months
Filing date	14/09/2026	04/09/2025	12/06/2024	25/07/2023	21/12/2021	23/12/2020
General meeting	31/08/2026	03/06/2025	04/06/2024	30/06/2023	07/12/2021	01/12/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	31/08/2026	14/09/2026	Dutch	PDF
Full modelCorrection	31/12/2024	03/06/2025	04/09/2025	Dutch	PDF
Full model	31/12/2024	03/06/2025	11/06/2025	Dutch	PDF
Full model	31/12/2023	04/06/2024	12/06/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	25/07/2023	Dutch	PDF
Full model	30/06/2021	07/12/2021	21/12/2021	Dutch	PDF
Full model	30/06/2020	01/12/2020	23/12/2020	Dutch	PDF
Full model	30/06/2019	03/12/2019	05/12/2019	Dutch	PDF
Full model	30/06/2018	04/12/2018	10/12/2018	Dutch	PDF
Full model	30/06/2017	05/12/2017	20/12/2017	Dutch	PDF
Full model	30/06/2016	06/12/2016	07/12/2016	Dutch	PDF
Full model	30/06/2015	01/12/2015	10/12/2015	Dutch	PDF
Full model	30/06/2014	02/12/2014	28/01/2015	Dutch	PDF
Full model	30/06/2013	03/12/2013	16/01/2014	Dutch	PDF
Full model	30/06/2012	04/12/2012	07/12/2012	Dutch	PDF
Full model	30/06/2011	06/12/2011	12/01/2012	Dutch	PDF
Full model	30/06/2010	07/12/2010	31/01/2011	Dutch	PDF
Full model	30/06/2009	01/12/2009	03/02/2010	Dutch	PDF
Full model	30/06/2008	02/12/2008	02/12/2008	Dutch	PDF
Full model	30/06/2007	04/12/2007	04/12/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

2 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BellRock0744.626.042Represented by DIDIER LEFEVERE	Managing director22/12/2023 → 06/06/2028Director03/05/2022 → 2022 accountsendedMandatelisted until the 2021 accountsended
Marieke Lannoo	Director22/12/2023 → 06/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JULIE LEFEVERE	Director03/05/2022 → 2023 accounts
ALMELIOR0568.822.351Represented by BART VERVAECKE	Director07/12/2021 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/07/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring23/02/2022
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares23/12/2021
KAPITAAL - AANDELEN
PDF
Mandates04/08/2021
ONTSLAGEN - BENOEMINGEN
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

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

BellRock

Marieke Lannoo

JULIE LEFEVERE

ALMELIOR

PATRICK LECLUYSE

Lefevere Packaging

BLF PARTNERS BVBA

BLF PACKAGING NV

FREDDY LEFEVERE

RONNY LEFEVERE

RUDY LEFEVERE

NOELLA BEEL

Show the 3 other mandates

19731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

KARTONNAGE LEFEVERE - BEEL

Driekoningenstraat(S.B.V.) 7, 8710 WielsbekeDriekoningenstraat 6, 8710 Wielsbeke

Managing director

Director

Managing director

Director

DirectorManaging director

Director

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Driekoningenstraat(S.B.V.) 7, 8710 WielsbekeCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00513588
Driekoningenstraat 6, 8710 Wielsbeke	accounts 2022 → 2023	Accounts 2023 · 2024-00127731

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
KARTONNAGE LEFEVERE - BEELCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00513588

Events

2025
Annual accounts 20253 M €↓
2024
Annual accounts 20243,5 M €↓
2023
Annual accounts 20234 M €↓
2022
Annual accounts 20227,8 M €↑
2021
Annual accounts 20211,9 M €↑
2020
Annual accounts 20201,2 M €↑
2019
Annual accounts 2019527 k €↓
2018
Annual accounts 2018715,6 k €↓
2017
Annual accounts 2017926,8 k €↑
2016
Annual accounts 2016849 k €↑
2015
Annual accounts 2015429,7 k €↑
2014
Annual accounts 2014128,5 k €↑
2013
Annual accounts 2013-166,8 k €↓
2012
Annual accounts 2012362,6 k €↓
2011
Annual accounts 2011376,8 k €↓
2010
Annual accounts 20101,4 M €↑
2009
Annual accounts 20091,2 M €↑
2008
Annual accounts 2008958,1 k €↑
2007
Annual accounts 2007590,5 k €
27/12/1973
IncorporationPublic limited company

KARTONNAGE LEFEVERE - BEEL

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