NORMAL SITUATION

SAPAC PACKAGING & RECYCLING

Export PDF

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result-6,7 k €-109,1 %over 1 year

Gross margin508,5 k €-16,0 %over 1 year

Equity800 k €-0,8 %over 1 year

Workforce7,3 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

SAPAC PACKAGING & RECYCLING is a company registered in Belgium. It employs on average 7,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0448.172.860
Legal form: Public limited company
Contributed capital: 773 000,00 €
Latest accounts: 31/12/2024
Average workforce: 7,3 ETP

Joint committees (2)

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 32 filings

Trend over 16 financial years

	2024		2023		2022		2021		2017
Income statement
Gross margin	508,5 k €	-16.0%	605,3 k €	+6.9%	566,4 k €	-2.1%	578,3 k €	+144%	237,1 k €
EBITDA	34,1 k €	-79.9%	169,9 k €	-3.1%	175,2 k €	+2.4%	171,2 k €	+185%	-200,3 k €
Operating result	-3,2 k €	-103%	104,6 k €	-11.9%	118,7 k €	+18.6%	100,1 k €	+131%	-326,2 k €
Net result	-6,7 k €	-109%	73,5 k €	-9.9%	81,6 k €	+18.7%	68,7 k €	+120%	-338,1 k €
Balance sheet
Equity	800 k €	-0.8%	806,7 k €	+10.0%	733,2 k €	+12.5%	651,6 k €	+163%	247,3 k €
Total assets	800 k €	-53.7%	1,7 M €	-23.8%	2,3 M €	+31.1%	1,7 M €	+5.4%	1,6 M €
Cash	–		–		–		–		110,1 k €
Debts	0 €	-100%	919,2 k €	-40.0%	1,5 M €	+43.1%	1,1 M €	-23.1%	1,4 M €
Other
Workforce	7,3 ETP	0.0%	7,3 ETP	+19.7%	6,1 ETP	-9.0%	6,7 ETP	+1.5%	6,6 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 5 ended

Active mandates

Director	Mandates in this company	Other mandatescurrentendedstruck offbankruptcies
Dirk Coorevits	Director30/06/2022 → 30/06/2028currentBestuurder28/11/2016 → 30/06/2022endedDirector28/11/2016 → 30/05/2022endedBestuurderuntil 30/06/2028ended	00
Jurgen Vandervelden	Director30/06/2022 → 30/06/2028currentBestuurder28/11/2016 → 30/06/2022endedDirector28/11/2016 → 30/05/2022endedBestuurderuntil 30/06/2028ended	00
SOUDAL HOLDING0467.913.053Represented by Victor Swerts	Managing director30/06/2022 → 30/06/2028currentManaging director30/06/2022 → 30/06/2028endedDirector28/11/2016 → 30/05/2022endedGedelegeerd bestuurderuntil 30/06/2028ended	000

Ended mandates

Director	Mandates in this company	Other mandatescurrentendedstruck offbankruptcies
Soudal Holding NVRepresented by Victor Swerts	Bestuurder28/11/2016 → 30/06/2022ended	not linked
Freddy Soudan	Director29/05/2012 → 28/05/2018endedManaging director29/05/2012 → 28/05/2018ended	not linked
Noëlla Sterckx	Director29/05/2012 → 28/05/2018ended	not linked

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2025	26/07/2024	14/07/2023	15/07/2022	30/07/2021	30/06/2020
General meeting	21/03/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021	25/05/2020
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

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 32 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	21/03/2025	16/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	26/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	14/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	15/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	25/05/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	24/07/2019	Dutch	PDF
Abridged model	31/12/2017	31/07/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	26/06/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	12/06/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	10/06/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	11/06/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	15/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	09/07/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	07/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	04/07/2007	Dutch	PDF
Abridged model	31/12/2005	29/05/2006	17/07/2006	Dutch	PDF
Abridged model	31/12/2004	30/05/2005	18/07/2005	Dutch	PDF
Abridged model	31/12/2003	31/05/2004	30/07/2004	Dutch	PDF
Abridged model	31/12/2002	26/05/2003	15/07/2003	Dutch	PDF
Abridged model	31/12/2001	27/05/2002	28/06/2002	Dutch	PDF
Abridged model	31/12/2000	02/07/2001	27/07/2001	Dutch	PDF
Abridged model	31/12/1999	29/05/2000	29/06/2000	Dutch	PDF
Abridged model	31/12/1998	09/08/1999	10/09/1999	Dutch	PDF
Abridged model	31/12/1997	26/05/1998	19/10/1998	Dutch	—
Abridged model	31/12/1996	27/05/1997	20/06/1997	Dutch	—
Abridged model	31/12/1995	30/09/1996	10/10/1996	Dutch	—
Abridged model	31/12/1994	28/06/1995	03/07/1995	Dutch	—
Abridged model	31/12/1993	17/02/1994	11/05/1994	Dutch	—

Indicative valuation

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 31/12/2024

3 active · 5 ended

Active mandates

Director	Mandates in this company	Other mandatescurrentendedstruck offbankruptcies
Dirk Coorevits	Director30/06/2022 → 30/06/2028currentBestuurder28/11/2016 → 30/06/2022endedDirector28/11/2016 → 30/05/2022endedBestuurderuntil 30/06/2028ended	00
Jurgen Vandervelden	Director30/06/2022 → 30/06/2028currentBestuurder28/11/2016 → 30/06/2022endedDirector28/11/2016 → 30/05/2022endedBestuurderuntil 30/06/2028ended	00
SOUDAL HOLDING0467.913.053Represented by Victor Swerts	Managing director30/06/2022 → 30/06/2028currentManaging director30/06/2022 → 30/06/2028endedDirector28/11/2016 → 30/05/2022endedGedelegeerd bestuurderuntil 30/06/2028ended	000

Ended mandates

Director	Mandates in this company	Other mandatescurrentendedstruck offbankruptcies
Soudal Holding NVRepresented by Victor Swerts	Bestuurder28/11/2016 → 30/06/2022ended	not linked
Freddy Soudan	Director29/05/2012 → 28/05/2018endedManaging director29/05/2012 → 28/05/2018ended	not linked
Noëlla Sterckx	Director29/05/2012 → 28/05/2018ended	not linked

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Dissolution14/04/2025
ONTBINDING, SLUITING VEREFFENING
PDF
Other09/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING
PDF
Mandates07/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/11/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/05/2017
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

2010201520202025Today

Identity

Name

SAPAC PACKAGING & RECYCLING in vereffeningSAPAC PACKAGING & RECYCLING

Registered office

Leenstraat 7, 9810 Nazareth-De Pinte

Annual accounts

Filings16 filings

Mandates

SOUDAL HOLDING

Managing director

Jurgen Vandervelden

Director

Dirk Coorevits

Director

SOUDAL HOLDING

Managing director

SOUDAL HOLDING

Director

Soudal Holding NV

Bestuurder

Jurgen Vandervelden

Bestuurder

Jurgen Vandervelden

Director

Dirk Coorevits

Bestuurder

Dirk Coorevits

Director

Soudan Patrimonium

Director

Soudan Patrimonium N.V.

Director

and 12 more mandates

CurrentPlanned, not yet servedEndedAccounts filed

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Leenstraat 7, 9810 Nazareth-De Pinte	accounts 2021 → 2024	Accounts 2024 · 2025-00306928

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SAPAC PACKAGING & RECYCLING in vereffening	accounts 2024	Accounts 2024 · 2025-00306928
SAPAC PACKAGING & RECYCLING	accounts 2021 → 2023	Accounts 2023 · 2024-00297422

Events

2024
Annual accounts 2024-6,7 k €↓
2024
Name changeSAPAC PACKAGING & RECYCLING in vereffening
2023
Annual accounts 202373,5 k €↓
2022
Annual accounts 202281,6 k €↑
2021
Annual accounts 202168,7 k €↑
2017
Annual accounts 2017-338,1 k €↓
2016
Annual accounts 201654,8 k €↑
2015
Annual accounts 201525,7 k €↓
2014
Annual accounts 201459,8 k €↓
2013
Annual accounts 2013111,7 k €↓
2012
Annual accounts 2012124,1 k €↑
2011
Annual accounts 2011-59,6 k €↓
2010
Annual accounts 201010,2 k €↑
2009
Annual accounts 2009-4,1 k €↑
2008
Annual accounts 2008-228,2 k €↓
2007
Annual accounts 2007-103,2 k €↓
2006
Annual accounts 200614,5 k €

SAPAC PACKAGING & RECYCLING

Overview

Identity

Financials

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