ACTIVE

AVERY DENNISON BELGIE

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Financial year 2025 · Closed on 31/12/2025

Net result6,1 M €-70,2 %over 1 year

Revenue150,7 M €-3,1 %over 1 year

Equity42,4 M €-55,5 %over 1 year

Workforce382,6 ETP-0,5 %over 1 year

Identity

Source · BCE/KBO

AVERY DENNISON BELGIE is a Private limited company incorporated in 1974. Its main activity is: Manufacture of articles of paper and paperboard. Its registered office is in Turnhout. It employs on average 382,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0414.794.368
Incorporation: 14/11/1974
Legal form: Private limited company
Registered office: Tieblokkenlaan 1
2300 Turnhout · FlandreSee on map
Contributed capital: 21 613 990,81 €
Latest accounts: 31/12/2025
Average workforce: 382,6 ETP

Activities (NACE)

17250Manufacture of articles of paper and paperboard· main 17290Manufacture of other articles of paper and paperboard 21250Manufacture of pharmaceutical preparations 22260Manufacture of plastic products 22290Manufacture of other plastic products 25240Manufacture of tanks, reservoirs and containers of metal

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 38 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	150,7 M €	-3.1%	155,5 M €	-8.6%	170,1 M €	-2.7%	174,9 M €	+6.9%	163,6 M €
EBITDA	10,5 M €	-61.0%	27 M €	+169%	10 M €	+1.5%	9,9 M €	-9.5%	10,9 M €
Operating result	6,1 M €	-75.3%	24,8 M €	+322%	5,9 M €	+0.6%	5,8 M €	-34.5%	8,9 M €
Net result	6,1 M €	-70.2%	20,3 M €	+324%	4,8 M €	+15.7%	4,2 M €	-35.8%	6,5 M €
Balance sheet
Equity	42,4 M €	-55.5%	95,3 M €	+27.1%	75 M €	+6.8%	70,2 M €	+6.3%	66 M €
Total assets	140,4 M €	+12.2%	125,2 M €	+7.2%	116,8 M €	+5.1%	111,1 M €	+15.2%	96,5 M €
Cash	30,1 k €	-9.3%	33,2 k €	+1109%	2,7 k €	-74.5%	10,8 k €	-88.3%	91,7 k €
Debts	86,4 M €	+207%	28,1 M €	-29.6%	40 M €	+4.9%	38,1 M €	+35.8%	28,1 M €
Other
Workforce	382,6 ETP	-0.5%	384,7 ETP	+0.7%	381,9 ETP	-3.9%	397,5 ETP	+3.5%	384,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 34 ended

Active mandates

Juan David Yepes Zuluaga

Director · since 11 novembre 2025 · until 10 novembre 2031

Active

Mariana Rodriguez

Director · since 25 mai 2023 · until 11 novembre 2025

Active

Fabrice Bayle

Director · since 14 avril 2023 · until 13 avril 2029

Active

Ended mandates

Mariana Rodriguez

Director · since 25 mai 2023 · until 24 mai 2029

Ended

Fabrice Bayle

Director · since 25 avril 2023

Ended

Steven Flannery

Director · since 04 octobre 2022 · until 25 mai 2023

Ended

Steven Flannery

Director · since 04 octobre 2022

Ended

Other companies at this address

Tieblokkenlaan 1 2300 Turnhout

Company	CBE no.
AVERY DENNISON BENELUX● Active	0455.645.820
AVERY VRIENDENKRING● Active	0432.071.454

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	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/06/2026	19/06/2025	04/07/2024	06/07/2023	04/07/2022	06/07/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	15/06/2023	15/06/2022	14/06/2021
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, 38 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	18/06/2026	Dutch	PDF
Full model	31/12/2024	16/06/2025	19/06/2025	Dutch	PDF
Full model	31/12/2023	17/06/2024	04/07/2024	Dutch	PDF
Full model	31/12/2022	15/06/2023	06/07/2023	Dutch	PDF
Full model	31/12/2021	15/06/2022	04/07/2022	Dutch	PDF
Consolidated accounts	31/12/2021	28/04/2022	07/07/2022	Dutch	PDF
Full model	31/12/2020	14/06/2021	06/07/2021	Dutch	PDF
Consolidated accounts	31/12/2020	23/04/2021	06/07/2021	Dutch	PDF
Full model	31/12/2019	15/06/2020	09/07/2020	Dutch	PDF
Consolidated accounts	31/12/2019	23/04/2020	08/07/2020	Dutch	PDF
Full model	31/12/2018	17/06/2019	04/07/2019	Dutch	PDF
Consolidated accounts	31/12/2018	25/04/2019	04/07/2019	Dutch	PDF
Full model	31/12/2017	05/06/2018	05/07/2018	Dutch	PDF
Consolidated accounts	31/12/2017	26/04/2018	05/07/2018	Dutch	PDF
Full modelCorrection	31/12/2016	08/12/2017	13/12/2017	Dutch	PDF
Full model	31/12/2016	15/06/2017	03/07/2017	Dutch	PDF
Consolidated accounts	31/12/2016	27/04/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	15/06/2016	15/07/2016	Dutch	PDF
Consolidated accounts	31/12/2015	28/04/2016	11/07/2016	Dutch	PDF
Full modelCorrection	31/12/2014	15/06/2015	13/01/2016	Dutch	PDF
Full model	31/12/2014	15/06/2015	24/07/2015	Dutch	PDF
Consolidated accounts	31/12/2014	23/04/2015	15/07/2015	Dutch	PDF
Full model	31/12/2013	04/07/2014	06/08/2014	Dutch	PDF
Consolidated accounts	31/12/2013	24/04/2014	15/07/2015	Dutch	PDF

View all 38 filings

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 34 ended

Active mandates

Juan David Yepes Zuluaga

Director · since 11 novembre 2025 · until 10 novembre 2031

Active

Mariana Rodriguez

Director · since 25 mai 2023 · until 11 novembre 2025

Active

Fabrice Bayle

Director · since 14 avril 2023 · until 13 avril 2029

Active

Ended mandates

Mariana Rodriguez

Director · since 25 mai 2023 · until 24 mai 2029

Ended

Fabrice Bayle

Director · since 25 avril 2023

Ended

Steven Flannery

Director · since 04 octobre 2022 · until 25 mai 2023

Ended

Steven Flannery

Director · since 04 octobre 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates01/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates10/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/10/2022
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 20256,1 M €↓
11/11/2025
nominationJuan David Yepes Zuluaga — bestuurder
2024
Annual accounts 202420,3 M €↑
15/06/2024
reconductionPriceWaterHouseCoopers Bedrijfsrevisoren — commissaris
2023
Annual accounts 20234,8 M €↑
25/05/2023
nominationMariana Rodriguez Quintana — bestuurder
14/04/2023
nominationFabrice Pierre Henry Bayle — bestuurder
2022
Annual accounts 20224,2 M €↓
04/10/2022
nominationSteven Edward Flannery — bestuurder
17/08/2022
nominationMartin Francis Dowd — bestuurder
2021
Annual accounts 20216,5 M €↓
2020
Annual accounts 20208,7 M €↓
2019
Annual accounts 201910,3 M €↑
2018
Annual accounts 20187,8 M €↓
2017
Annual accounts 20178,2 M €↓
2016
Annual accounts 201622,6 M €↑
2015
Annual accounts 20159,9 M €↑
2014
Annual accounts 20149,6 M €↓
2013
Annual accounts 20139,9 M €↑
2012
Annual accounts 20128,7 M €↑
2011
Annual accounts 20115,4 M €↑
2010
Annual accounts 20104,4 M €↓
2009
Annual accounts 200912,7 M €↓
2008
Annual accounts 200812,8 M €↓
2007
Annual accounts 200723,1 M €↑
2006
Annual accounts 2006-5,2 M €
14/11/1974
IncorporationPrivate limited company

AVERY DENNISON BELGIE

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