ACTIVE

SEMOULIN PACKAGING

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Financial year 2025 · Closed on 31/12/2025

Net result1,9 M €+1,7 %over 1 year

Revenue22,7 M €+8,2 %over 1 year

Equity14 M €+0,5 %over 1 year

Workforce84,0 ETP-3,4 %over 1 year

Identity

Source · BCE/KBO

SEMOULIN PACKAGING is a Public limited company incorporated in 1977. Its main activity is: Manufacture of paper and paperboard. Its registered office is in Hensies. It employs on average 84,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0417.948.452
Incorporation: 14/12/1977
Legal form: Public limited company
Registered office: Rue du Couvent(TH) 44
7350 Hensies · WallonieSee on map
Contributed capital: 750 634,45 €
Latest accounts: 31/12/2025
Average workforce: 84,0 ETP

Activities (NACE)

17120Manufacture of paper and paperboard· main 17120Manufacture of paper and paperboard 17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard 17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard 21121Manufacture of basic pharmaceutical products 21210Manufacture of pharmaceutical preparations

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	22,7 M €	+8.2%	21 M €	+7.7%	19,5 M €	-17.2%	23,5 M €	+12.8%	20,8 M €
EBITDA	4,4 M €	+6.8%	4,1 M €	+51.4%	2,7 M €	-30.1%	3,9 M €	+40.9%	2,8 M €
Operating result	2,5 M €	+3.0%	2,4 M €	+137%	1 M €	-54.8%	2,3 M €	+64.4%	1,4 M €
Net result	1,9 M €	+1.7%	1,9 M €	+123%	850,1 k €	-48.5%	1,6 M €	+58.7%	1 M €
Balance sheet
Equity	14 M €	+0.5%	13,9 M €	+11.3%	12,5 M €	+5.6%	11,8 M €	+16.1%	10,2 M €
Total assets	17,7 M €	-9.3%	19,5 M €	+6.8%	18,2 M €	-8.6%	20 M €	+11.6%	17,9 M €
Cash	1,2 M €	+27.3%	971,8 k €	+36.1%	713,9 k €	-10.9%	801,3 k €	+32.1%	606,7 k €
Debts	3,7 M €	-33.5%	5,6 M €	-1.5%	5,6 M €	-30.4%	8,1 M €	+7.7%	7,5 M €
Other
Workforce	84,0 ETP	-3.4%	87,0 ETP	-3.4%	90,1 ETP	-7.4%	97,3 ETP	+3.2%	94,3 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

11 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arnaud REGOUT	Director31/10/2025 → 04/05/2028
Benoit del MARMOL	Director28/03/2011 → 04/05/2028
Christophe MAURISSEN	Director31/10/2025 → 04/05/2028
Frédéric THIBAUT de MAISIERES	Director31/10/2025 → 04/05/2028
GUÉRÉO1001.018.917Represented by Amaury del MARMOL	Managing director31/10/2025 → 04/05/2028
Jacques SEMOULIN	Director28/03/2011 → 04/05/2028
Nicolas DECAMPS	Director31/10/2025 → 04/05/2028
Baudouin de TROOSTEMBERGH	Director27/05/2017 → 31/10/2025
Bernard del MARMOL	Managing director28/03/2011 → 31/10/2025
Edmond Pierre de FABRIBECKERS de CORTILS de GRACECE	Director06/05/2021 → 08/05/2025
José LEGRAND	Director17/09/2021 → 08/05/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Aimery de SCHOUTHEETE de TERVARENT	Director22/03/2019 → 2020 accounts
Benaïssa DIDOUH	Director22/03/2019 → 2020 accounts

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	04/06/2026	20/05/2025	24/05/2024	22/05/2023	11/05/2022	18/05/2021
General meeting	07/05/2026	08/05/2025	02/05/2024	04/05/2023	05/05/2022	06/05/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	07/05/2026	04/06/2026	French	PDF
Full model	31/12/2024	08/05/2025	20/05/2025	French	PDF
Full model	31/12/2023	02/05/2024	24/05/2024	French	PDF
Full model	31/12/2022	04/05/2023	22/05/2023	French	PDF
Full model	31/12/2021	05/05/2022	11/05/2022	French	PDF
Full model	31/12/2020	06/05/2021	18/05/2021	French	PDF
Full model	31/12/2019	19/06/2020	08/07/2020	French	PDF
Full model	31/12/2018	22/03/2019	09/04/2019	French	PDF
Full model	31/12/2017	23/03/2018	09/04/2018	French	PDF
Full model	31/12/2016	27/05/2017	07/06/2017	French	PDF
Full model	31/12/2015	21/05/2016	14/06/2016	French	PDF
Full model	31/12/2014	09/05/2015	19/05/2015	French	PDF
Full model	31/12/2013	24/05/2014	27/05/2014	French	PDF
Full model	31/12/2012	30/03/2013	17/04/2013	French	PDF
Full model	31/12/2011	24/03/2012	20/04/2012	French	PDF
Full model	31/12/2010	11/06/2011	01/07/2011	French	PDF
Full model	31/12/2009	20/05/2010	28/06/2010	French	PDF
Full model	31/12/2008	07/05/2009	25/06/2009	French	PDF
Full model	31/12/2007	08/05/2008	18/07/2008	French	PDF
Full model	31/12/2006	03/05/2007	16/08/2007	French	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

11 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arnaud REGOUT	Director31/10/2025 → 04/05/2028
Benoit del MARMOL	Director28/03/2011 → 04/05/2028
Christophe MAURISSEN	Director31/10/2025 → 04/05/2028
Frédéric THIBAUT de MAISIERES	Director31/10/2025 → 04/05/2028
GUÉRÉO1001.018.917Represented by Amaury del MARMOL	Managing director31/10/2025 → 04/05/2028
Jacques SEMOULIN	Director28/03/2011 → 04/05/2028
Nicolas DECAMPS	Director31/10/2025 → 04/05/2028
Baudouin de TROOSTEMBERGH	Director27/05/2017 → 31/10/2025
Bernard del MARMOL	Managing director28/03/2011 → 31/10/2025
Edmond Pierre de FABRIBECKERS de CORTILS de GRACECE	Director06/05/2021 → 08/05/2025
José LEGRAND	Director17/09/2021 → 08/05/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Aimery de SCHOUTHEETE de TERVARENT	Director22/03/2019 → 2020 accounts
Benaïssa DIDOUH	Director22/03/2019 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/12/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates07/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates25/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates28/06/2024
DEMISSIONS, NOMINATIONS
PDF
Other15/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates29/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates13/10/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates07/06/2021
DEMISSIONS, NOMINATIONS
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

GUÉRÉO

Christophe MAURISSEN

Benoit del MARMOL

Jacques SEMOULIN

Frédéric THIBAUT de MAISIERES

Nicolas DECAMPS

Arnaud REGOUT

Edmond Pierre de FABRIBECKERS de CORTILS de GRACECE

Baudouin de TROOSTEMBERGH

José LEGRAND

Bernard del MARMOL

Benaïssa DIDOUH

Show the 7 other mandates

1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

SEMOULIN PACKAGING

Rue du Couvent(TH) 44, 7350 Hensies

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Couvent(TH) 44, 7350 HensiesCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00137562

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SEMOULIN PACKAGINGCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00137562

Events

2025
Annual accounts 20251,9 M €↑
2024
Annual accounts 20241,9 M €↑
2023
Annual accounts 2023850,1 k €↓
2022
Annual accounts 20221,6 M €↑
2021
Annual accounts 20211 M €↑
2020
Annual accounts 20201 M €↑
2019
Annual accounts 2019599,9 k €↑
2018
Annual accounts 2018440,3 k €↓
2017
Annual accounts 2017718,8 k €↓
2016
Annual accounts 20161,7 M €↑
2015
Annual accounts 20151,4 M €↓
2014
Annual accounts 20141,9 M €↓
2013
Annual accounts 20132,2 M €↓
2012
Annual accounts 20122,4 M €↓
2011
Annual accounts 20112,6 M €↑
2010
Annual accounts 20102 M €↑
2009
Annual accounts 20091,7 M €↑
2008
Annual accounts 20081,3 M €↓
2007
Annual accounts 20071,4 M €↓
2006
Annual accounts 20061,5 M €
14/12/1977
IncorporationPublic limited company

SEMOULIN PACKAGING

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events