ACTIVE

Smurfit Westrock Bornem

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Financial year 2025 · Closed on 31/12/2025

Net result533,6 k €-22,4 %over 1 year

Revenue20,3 M €-25,5 %over 1 year

Equity27,4 M €+2,0 %over 1 year

Workforce151,0 ETP-7,6 %over 1 year

Identity

Source · BCE/KBO

Smurfit Westrock Bornem is a Public limited company incorporated in 1980. Its registered office is in Bornem. It employs on average 151,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0420.070.673
Incorporation: 23/01/1980
Legal form: Public limited company
Registered office: Rijksweg(BOR) 18
2880 Bornem · FlandreSee on map
Contributed capital: 310 000,00 €
Latest accounts: 31/12/2025
Average workforce: 151,0 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	20,3 M €	-25.5%	27,3 M €	+10.2%	24,8 M €	+13.5%	21,8 M €	+4.1%	21 M €
EBITDA	1,5 M €	-19.2%	1,9 M €	-40.7%	3,2 M €	+7.0%	2,9 M €	-11.2%	3,3 M €
Operating result	242,8 k €	+41.8%	171,3 k €	-90.1%	1,7 M €	+10.6%	1,6 M €	-24.0%	2,1 M €
Net result	533,6 k €	-22.4%	687,2 k €	-56.7%	1,6 M €	+41.1%	1,1 M €	-28.3%	1,6 M €
Balance sheet
Equity	27,4 M €	+2.0%	26,8 M €	+2.6%	26,1 M €	+6.5%	24,5 M €	+4.8%	23,4 M €
Total assets	32,9 M €	+5.8%	31,1 M €	-1.6%	31,6 M €	+5.5%	30 M €	-1.6%	30,4 M €
Cash	4,8 M €	+7.9%	4,5 M €	+48.0%	3 M €	+159%	1,2 M €	+61.3%	725 k €
Debts	5,5 M €	+45.8%	3,8 M €	-27.2%	5,2 M €	+0.2%	5,2 M €	-23.4%	6,8 M €
Other
Workforce	151,0 ETP	-7.6%	163,4 ETP	-3.8%	169,8 ETP	+6.9%	158,8 ETP	+0.8%	157,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 33 ended

Active mandates

Martine Coquerelles

Director · since 30 juin 2025 · until 16 juin 2031

Active

Steven Blommaert

Director · since 30 juin 2025 · until 16 juin 2031

Active

Ended mandates

Andrew Darrington

Director · since 11 octobre 2022 · until 01 mars 2028

Ended

Mark Shaw

Director · since 11 octobre 2022 · until 01 mars 2028

Ended

Peter Schut

Director · since 11 octobre 2022 · until 01 mars 2028

Ended

Peter Willem Schut

Director · since 11 octobre 2022 · until 01 mars 2028

Ended

Other companies at this address

Rijksweg(BOR) 18 2880 Bornem

Company	CBE no.
KAPSTONE EUROPE● Active	0898.866.138
LOGIBREX● Active	0534.884.724

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	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	31/12/2025	31/12/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	15 months	12 months	12 months	12 months	12 months
Filing date	26/06/2026	23/06/2025	11/03/2024	16/03/2023	09/03/2022	12/03/2021
General meeting	15/06/2026	16/06/2025	28/02/2024	28/02/2023	28/02/2022	01/03/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	26/06/2026	Dutch	PDF
Full model	31/12/2024	16/06/2025	23/06/2025	Dutch	PDF
Full model	30/09/2023	28/02/2024	11/03/2024	Dutch	PDF
Full model	30/09/2022	28/02/2023	16/03/2023	Dutch	PDF
Full model	30/09/2021	28/02/2022	09/03/2022	Dutch	PDF
Full model	30/09/2020	01/03/2021	12/03/2021	Dutch	PDF
Full model	30/09/2019	28/02/2020	20/03/2020	Dutch	PDF
Full model	30/09/2018	28/02/2019	15/03/2019	Dutch	PDF
Full model	30/09/2017	28/02/2018	13/03/2018	Dutch	PDF
Full model	30/06/2016	05/12/2016	13/12/2016	Dutch	PDF
Full model	30/06/2015	07/12/2015	16/12/2015	Dutch	PDF
Full model	30/06/2014	01/12/2014	11/12/2014	Dutch	PDF
Full model	31/12/2013	02/06/2014	03/07/2014	Dutch	PDF
Full model	31/12/2012	03/06/2013	17/06/2013	Dutch	PDF
Full modelCorrection	31/12/2011	04/06/2012	18/12/2012	Dutch	PDF
Full model	31/12/2011	04/06/2012	09/07/2012	Dutch	PDF
Full model	31/12/2010	06/06/2011	15/06/2011	Dutch	PDF
Full model	31/12/2009	07/06/2010	06/07/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	15/06/2009	Dutch	PDF
Full model	31/12/2007	02/06/2008	02/07/2008	Dutch	PDF
Full model	31/12/2006	04/06/2007	20/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 33 ended

Active mandates

Martine Coquerelles

Director · since 30 juin 2025 · until 16 juin 2031

Active

Steven Blommaert

Director · since 30 juin 2025 · until 16 juin 2031

Active

Ended mandates

Andrew Darrington

Director · since 11 octobre 2022 · until 01 mars 2028

Ended

Mark Shaw

Director · since 11 octobre 2022 · until 01 mars 2028

Ended

Peter Schut

Director · since 11 octobre 2022 · until 01 mars 2028

Ended

Peter Willem Schut

Director · since 11 octobre 2022 · until 01 mars 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other12/02/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Mandates08/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other17/09/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates27/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/09/2021
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025533,6 k €↓
2025
Name changeSmurfit Westrock Bornem nv
2024
Annual accounts 2024687,2 k €↓
2023
Annual accounts 20231,6 M €↑
2022
Annual accounts 20221,1 M €↓
2021
Annual accounts 20211,6 M €↑
2020
Annual accounts 20201,2 M €↑
2019
Annual accounts 20191 M €↑
2018
Annual accounts 2018947,5 k €↓
2017
Annual accounts 20171,6 M €↓
2016
Annual accounts 20161,6 M €↓
2015
Annual accounts 20151,8 M €↑
2014
Annual accounts 20141,1 M €↓
2014
Name changeMulti Packaging Solutions Bornem nv
2013
Annual accounts 20131,1 M €↓
2012
Annual accounts 20121,6 M €↓
2011
Annual accounts 20112 M €↑
2010
Annual accounts 20101,6 M €↑
2009
Annual accounts 20091,1 M €↑
2008
Annual accounts 2008490,4 k €↓
2007
Annual accounts 2007552,8 k €↑
2007
Name changeChesapeake Bornem
2006
Annual accounts 2006-1,3 M €
2006
Name changePRESS - PHARMA
23/01/1980
IncorporationPublic limited company

Smurfit Westrock Bornem

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