ACTIVE

IMPRITEX

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Financial year 2025 · closed on 31/12/2025

Net result

237,7 k €

-10.5% YoY

Gross margin

1,8 M €

+2.5% YoY

Equity

2,4 M €

+7.5% YoY

Workforce

15,3 ETP

+1.3% YoY

What does IMPRITEX do?

IMPRITEX is a Public limited company incorporated in 1987. Its main activity is: Manufacture of corrugated paper and paperboard and of containers of paper and paperboard. Its registered office is in Wavre. It employs on average 15,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0431.667.519

Incorporation

30/07/1987

Legal form

Public limited company

Registered office

Avenue Vésale 10
1300 Wavre · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

15,3 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)

Contacts

4 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,8 M €	+2.5%	1,7 M €	-28.4%	2,4 M €	+25.5%	1,9 M €	+38.8%	1,4 M €	-8.6%	1,5 M €	-11.7%	1,7 M €	+31.4%	1,3 M €	+12.9%	1,2 M €	-4.1%	1,2 M €	+23.5%	987,8 k €	-5.0%	1 M €	-6.0%	1,1 M €	-15.0%	1,3 M €	+0.1%	1,3 M €	+3.2%	1,3 M €	+4.7%	1,2 M €	-9.7%	1,3 M €	-1.8%	1,4 M €	+1.2%	1,3 M €
EBITDA	733,5 k €	-9.1%	806,8 k €	-47.9%	1,5 M €	+42.2%	1,1 M €	+32.7%	820,8 k €	+21.7%	674,4 k €	-10.1%	749,8 k €	+87.1%	400,8 k €	+24.6%	321,7 k €	-18.6%	395,3 k €	+78.5%	221,5 k €	-22.1%	284,2 k €	+26.4%	224,8 k €	-38.1%	363 k €	-3.3%	375,6 k €	-13.0%	431,5 k €	-7.3%	465,6 k €	-4.5%	487,3 k €	-19.8%	607,9 k €	-9.2%	669,2 k €
Operating result	327,4 k €	-14.7%	383,9 k €	-66.4%	1,1 M €	+58.8%	719,9 k €	+51.8%	474,1 k €	+53.3%	309,3 k €	-18.8%	380,7 k €	+44.9%	262,7 k €	+75.3%	149,9 k €	-29.1%	211,4 k €	+441%	39,1 k €	-50.1%	78,2 k €	-22.7%	101,2 k €	-51.8%	210,1 k €	-20.0%	262,5 k €	+2.9%	255,2 k €	-17.1%	308 k €	-4.0%	320,9 k €	-23.8%	420,9 k €	-8.3%	458,9 k €
Net result	237,7 k €	-10.5%	265,6 k €	-67.8%	824,3 k €	+49.0%	553,1 k €	+67.8%	329,7 k €	+33.8%	246,4 k €	-27.9%	341,7 k €	+98.5%	172,1 k €	+93.1%	89,2 k €	-29.9%	127,2 k €	+1447%	8,2 k €	-90.0%	81,9 k €	+32.4%	61,8 k €	-53.4%	132,6 k €	-30.2%	190 k €	+23.7%	153,6 k €	-16.9%	184,8 k €	-2.0%	188,5 k €	-25.4%	252,7 k €	-16.8%	303,6 k €
Balance sheet
Equity	2,4 M €	+7.5%	2,2 M €	+13.7%	1,9 M €	+4.9%	1,8 M €	+19.6%	1,5 M €	+12.3%	1,4 M €	+7.9%	1,3 M €	+18.1%	1,1 M €	+7.4%	1 M €	-0.3%	1 M €	+0.1%	1 M €	-0.3%	1 M €	+6.4%	948,5 k €	+5.6%	898,2 k €	+17.1%	767,2 k €	+12.9%	679,4 k €	+8.2%	628,1 k €	+5.4%	596 k €	+2.7%	580,3 k €	+9.4%	530,6 k €
Total assets	3,6 M €	-3.5%	3,8 M €	-17.5%	4,6 M €	-5.9%	4,8 M €	+17.6%	4,1 M €	-0.7%	4,1 M €	-7.5%	4,5 M €	-10.0%	5 M €	+144%	2 M €	-8.2%	2,2 M €	+2.6%	2,2 M €	-6.6%	2,3 M €	+48.6%	1,6 M €	-11.4%	1,8 M €	+9.5%	1,6 M €	-19.9%	2 M €	+0.9%	2 M €	-3.1%	2,1 M €	-6.7%	2,2 M €	-5.7%	2,3 M €
Cash	504,7 k €	+9.6%	460,7 k €	-14.9%	541,3 k €	+33.1%	406,7 k €	+0.1%	406,4 k €	+8.4%	375,1 k €	+14.5%	327,5 k €	+151%	130,4 k €	-39.8%	216,5 k €	-1.3%	219,3 k €	-24.4%	290,3 k €	+67.4%	173,4 k €	-34.0%	262,7 k €	+31.2%	200,2 k €	-6.0%	213 k €	-38.4%	345,8 k €	+8.0%	320,3 k €	-15.4%	378,7 k €	+58.1%	239,6 k €	-15.0%	281,9 k €
Debts	1,3 M €	-19.0%	1,5 M €	-40.7%	2,6 M €	-12.8%	3 M €	+16.5%	2,6 M €	-7.1%	2,8 M €	-13.7%	3,2 M €	-17.8%	3,9 M €	+287%	1 M €	-15.4%	1,2 M €	+5.1%	1,1 M €	-11.5%	1,3 M €	+120%	579,4 k €	-30.1%	829,4 k €	+3.1%	804,8 k €	-37.6%	1,3 M €	-2.4%	1,3 M €	-6.7%	1,4 M €	-10.2%	1,6 M €	-10.2%	1,8 M €
Other
Workforce	15,3 ETP	+1.3%	15,1 ETP	+0.7%	15,0 ETP	+3.4%	14,5 ETP	+4.3%	13,9 ETP	-10.9%	15,6 ETP	-7.1%	16,8 ETP	+7.0%	15,7 ETP	+2.6%	15,3 ETP	+4.1%	14,7 ETP	-3.9%	15,3 ETP	-3.2%	15,8 ETP	-14.1%	18,4 ETP	-6.6%	19,7 ETP	+0.5%	19,6 ETP	+7.7%	18,2 ETP	-2.2%	18,6 ETP	-2.6%	19,1 ETP	+3.8%	18,4 ETP	+12.9%	16,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 26 ended

Active mandates

Alain Grandjean

Director · since 01 octobre 2024 · until 02 juin 2030

Active

Jaapan Invest

Managing director · since 01 octobre 2024 · until 02 juin 2030 · 1004.125.390

Represented by Antoine GRANDJEAN

Active

L SOLUTIONS

Director · since 01 octobre 2024 · until 02 juin 2030 · 1001.283.488

Represented by Matthias LAMBRECHT

Active

Diane Grandjean

Director · since 07 juin 2022 · until 06 juin 2028

Active

Ended mandates

Alain Grandjean

Managing director · since 07 juin 2022 · until 30 septembre 2024

Ended

Alain Grandjean

Managing director · since 07 juin 2022 · until 06 juin 2028

Ended

Antoine Grandjean

Director · since 07 juin 2022 · until 30 septembre 2024

Ended

Antoine Grandjean

Director · since 07 juin 2022 · until 06 juin 2028

Ended

At this address

Other companies at this address

Company	CBE no.
GREPAR● Active	0889.489.505
SAUNDERS BELGIUM● Liquidation	0415.619.561

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	09/07/2026	02/07/2025	24/06/2024	09/07/2023	07/07/2022	22/07/2021
General meeting	02/06/2026	03/06/2025	04/06/2024	06/06/2023	07/06/2022	01/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/06/2026	09/07/2026	French	PDF
Abridged model	31/12/2024	03/06/2025	02/07/2025	French	PDF
Abridged model	31/12/2023	04/06/2024	24/06/2024	French	PDF
Abridged model	31/12/2022	06/06/2023	09/07/2023	French	PDF
Abridged model	31/12/2021	07/06/2022	07/07/2022	French	PDF
Abridged model	31/12/2020	01/06/2021	22/07/2021	French	PDF
Abridged model	31/12/2019	02/06/2020	07/07/2020	French	PDF
Abridged model	31/12/2018	04/06/2019	04/07/2019	French	PDF
Abridged model	31/12/2017	05/06/2018	21/06/2018	French	PDF
Abridged model	31/12/2016	06/06/2017	05/07/2017	French	PDF
Abridged model	31/12/2015	07/06/2016	17/08/2016	French	PDF
Abridged model	31/12/2014	02/06/2015	19/08/2015	French	PDF
Abridged model	31/12/2013	03/06/2014	26/08/2014	French	PDF
Abridged model	31/12/2012	04/06/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	05/06/2012	23/08/2012	French	PDF
Abridged model	31/12/2010	07/06/2011	11/07/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	24/06/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	21/06/2009	French	PDF
Abridged model	31/12/2007	03/06/2008	30/06/2008	French	PDF
Abridged model	31/12/2006	05/06/2007	02/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025 · 4 active · 26 ended

Active mandates

Alain Grandjean

Director · since 01 octobre 2024 · until 02 juin 2030

Active

Jaapan Invest

Managing director · since 01 octobre 2024 · until 02 juin 2030 · 1004.125.390

Represented by Antoine GRANDJEAN

Active

L SOLUTIONS

Director · since 01 octobre 2024 · until 02 juin 2030 · 1001.283.488

Represented by Matthias LAMBRECHT

Active

Diane Grandjean

Director · since 07 juin 2022 · until 06 juin 2028

Active

Ended mandates

Alain Grandjean

Managing director · since 07 juin 2022 · until 30 septembre 2024

Ended

Alain Grandjean

Managing director · since 07 juin 2022 · until 06 juin 2028

Ended

Antoine Grandjean

Director · since 07 juin 2022 · until 30 septembre 2024

Ended

Antoine Grandjean

Director · since 07 juin 2022 · until 06 juin 2028

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/12/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates25/10/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates19/09/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates14/09/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates10/09/2007
DEMISSIONS, NOMINATIONS
PDF
Mandates27/09/2006
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

2025
Annual accounts 2025237,7 k €↓
2024
Annual accounts 2024265,6 k €↓
2023
Annual accounts 2023824,3 k €↑
2022
Annual accounts 2022553,1 k €↑
2021
Annual accounts 2021329,7 k €↑
2020
Annual accounts 2020246,4 k €↓
2019
Annual accounts 2019341,7 k €↑
2018
Annual accounts 2018172,1 k €↑
2017
Annual accounts 201789,2 k €↓
2016
Annual accounts 2016127,2 k €↑
2015
Annual accounts 20158,2 k €↓
2014
Annual accounts 201481,9 k €↑
2013
Annual accounts 201361,8 k €↓
2012
Annual accounts 2012132,6 k €↓
2011
Annual accounts 2011190 k €↑
2010
Annual accounts 2010153,6 k €↓
2009
Annual accounts 2009184,8 k €↓
2008
Annual accounts 2008188,5 k €↓
2007
Annual accounts 2007252,7 k €↓
2006
Annual accounts 2006303,6 k €
30/07/1987
IncorporationPublic 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

IMPRITEX

Overview

What does IMPRITEX do?

Trend over 20 financial years

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