ACTIVE

SMART PACKAGING SOLUTIONS

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Financial year 2025 · Closed on 31/12/2025

Net result1,7 M €+24,7 %over 1 year

Revenue59,7 M €+7,8 %over 1 year

Equity7,2 M €+30,1 %over 1 year

Workforce123,6 ETP+2,2 %over 1 year

Identity

Source · BCE/KBO

SMART PACKAGING SOLUTIONS is a Public limited company incorporated in 1993. Its main activity is: Manufacture of corrugated paper and paperboard and of containers of paper and paperboard. Its registered office is in Hoogstraten. It employs on average 123,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0449.398.129
Incorporation: 05/02/1993
Legal form: Public limited company
Registered office: Europastraat 28
2321 Hoogstraten · FlandreSee on map
Contributed capital: 2 500 000,00 €
Latest accounts: 31/12/2025
Average workforce: 123,6 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 46493Wholesale of other household goods 46493Wholesale of other household goods 51475Air transport

Joint committees (2)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	59,7 M €	+7.8%	55,4 M €	+6.4%	52,1 M €	-12.2%	59,3 M €	+31.2%	45,2 M €
EBITDA	4,4 M €	+17.0%	3,7 M €	+120%	1,7 M €	+14.4%	1,5 M €	-30.3%	2,1 M €
Operating result	2,6 M €	+16.0%	2,3 M €	+492%	383,4 k €	+4.8%	366 k €	-54.4%	802,8 k €
Net result	1,7 M €	+24.7%	1,3 M €	+5074%	-26,8 k €	-110%	266,3 k €	-26.4%	362,1 k €
Balance sheet
Equity	7,2 M €	+30.1%	5,5 M €	+31.8%	4,2 M €	-0.6%	4,2 M €	+6.7%	4 M €
Total assets	24 M €	+11.6%	21,5 M €	+6.7%	20,1 M €	-5.3%	21,3 M €	+30.2%	16,3 M €
Cash	298,1 €	0.0%	298,1 €	0.0%	298,1 €	-55.3%	667,5 €	-65.9%	2 k €
Debts	16,7 M €	+5.1%	15,9 M €	+0.2%	15,9 M €	-6.3%	17 M €	+37.8%	12,3 M €
Other
Workforce	123,6 ETP	+2.2%	120,9 ETP	+0.9%	119,8 ETP	-2.2%	122,5 ETP	+2.9%	119,1 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

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
D.N.J.0886.721.144	Director02/06/2023 → 01/06/2029
FinCoPro0895.515.777Represented by Erik Peeters	Director30/04/2010 → 01/06/2029
Pierre Macharis	Managing director30/08/2018 → 01/06/2029Director30/08/2018 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Denis Zenner	Director18/08/2022 → 2022 accounts
PERKAMENT0465.122.225Represented by Jean-Paul Macharis	Managing director03/06/2016 → 2021 accountsDirector03/06/2016 → 2018 accounts

Other companies at this address

Europastraat 28 2321 Hoogstraten

Company	CBE no.
R. EN F. FOLDING BOXES● Bankrupt	0440.821.250

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	12/06/2026	16/06/2025	25/06/2024	12/06/2023	13/06/2022	21/06/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	05/06/2026	12/06/2026	Dutch	PDF
Full model	31/12/2024	06/06/2025	16/06/2025	Dutch	PDF
Full model	31/12/2023	07/06/2024	25/06/2024	Dutch	PDF
Full model	31/12/2022	02/06/2023	12/06/2023	Dutch	PDF
Full model	31/12/2021	03/06/2022	13/06/2022	Dutch	PDF
Full model	31/12/2020	04/06/2021	21/06/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	20/07/2020	Dutch	PDF
Full model	31/12/2018	07/06/2019	24/06/2019	Dutch	PDF
Full model	31/12/2017	01/06/2018	22/06/2018	Dutch	PDF
Full model	31/12/2016	02/06/2017	26/06/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	16/06/2016	Dutch	PDF
Full model	31/12/2014	24/04/2015	11/06/2015	Dutch	PDF
Full model	31/12/2013	25/04/2014	20/05/2014	Dutch	PDF
Full model	31/12/2012	26/04/2013	16/05/2013	Dutch	PDF
Full model	31/12/2011	27/04/2012	13/06/2012	Dutch	PDF
Full model	31/12/2010	29/04/2011	27/05/2011	Dutch	PDF
Full model	31/12/2009	30/04/2010	21/05/2010	Dutch	PDF
Full model	31/12/2008	24/04/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	25/04/2008	15/05/2008	Dutch	PDF
Abridged model	31/12/2006	27/04/2007	26/02/2008	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

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
D.N.J.0886.721.144	Director02/06/2023 → 01/06/2029
FinCoPro0895.515.777Represented by Erik Peeters	Director30/04/2010 → 01/06/2029
Pierre Macharis	Managing director30/08/2018 → 01/06/2029Director30/08/2018 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Denis Zenner	Director18/08/2022 → 2022 accounts
PERKAMENT0465.122.225Represented by Jean-Paul Macharis	Managing director03/06/2016 → 2021 accountsDirector03/06/2016 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/07/2026
Herbenoeming commissaris
PDF
Mandates16/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/08/2022
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2018
ONTSLAGEN - BENOEMINGEN
PDF

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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

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

D.N.J.

FinCoPro

Pierre Macharis

Denis Zenner

UNI-PAR

PERKAMENT

Schoonjans Jozef

1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

SMART PACKAGING SOLUTIONS

Europastraat 28, 2321 Meer

Director

Managing director

Chairman of the board of directorsManaging directorDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Europastraat 28, 2321 MeerCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00173680

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SMART PACKAGING SOLUTIONSCurrent	accounts 2008 → 2025	Accounts 2025 · 2026-00173680
ECOTUBE	accounts 2006	Accounts 2006 · 2008-05100184

Events

2025
Annual accounts 20251,7 M €↑
2024
Annual accounts 20241,3 M €↑
2023
Annual accounts 2023-26,8 k €↓
2022
Annual accounts 2022266,3 k €↓
2021
Annual accounts 2021362,1 k €↑
2020
Annual accounts 2020256,2 k €↑
2019
Annual accounts 2019-50,4 k €↑
2018
Annual accounts 2018-84,1 k €↓
2017
Annual accounts 2017-81 k €↑
2016
Annual accounts 2016-125,6 k €↓
2015
Annual accounts 2015644,4 k €↓
2014
Annual accounts 20141,4 M €↑
2013
Annual accounts 2013558,8 k €↑
2012
Annual accounts 2012-178,6 k €↑
2011
Annual accounts 2011-1,1 M €↓
2010
Annual accounts 2010-382,8 k €↓
2009
Annual accounts 2009-110,2 k €↓
2008
Annual accounts 2008-75,4 k €↓
2008
Name changeSMART PACKAGING SOLUTIONS
2006
Annual accounts 2006-28,6 k €
05/02/1993
IncorporationPublic limited company

SMART PACKAGING SOLUTIONS

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

Registered offices

Company names

Events