ACTIVE

AXIPACK

Financial year 2024 · closed on 31/12/2024
Net result
28,2 k €
+152.0% YoY
Gross margin
33 k €
+136.3% YoY
Equity
-22,2 k €
+55.9% YoY

What does AXIPACK do?

AXIPACK is a Private company with limited liability 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 Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.325.558
Incorporation
09/11/1993
Legal form
Private company with limited liability
Registered office
Joachim Schayckstraat 4
9052 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin33 k €14 k €6,4 k €-11,6 k €-9,8 k €23,7 k €42,5 k €30,1 k €-10,3 k €4,1 k €12,3 k €5,7 k €15 k €59,6 k €37,2 k €-16,2 k €-6,5 k €-8,1 k €
EBITDA32,5 k €13,2 k €5,8 k €-12,5 k €-12,2 k €8,9 k €40,2 k €27,2 k €-13,6 k €3,6 k €11,2 k €5,3 k €14,7 k €59,3 k €36,8 k €-16,5 k €-6,9 k €-8,5 k €
Operating result30,7 k €11,6 k €4,3 k €-13,9 k €-12,4 k €8,4 k €39,2 k €26,2 k €-15 k €2,2 k €10,4 k €-7,3 k €9,3 k €54 k €36,5 k €-16,5 k €-6,9 k €-8,5 k €
Net result28,2 k €11,2 k €4 k €-15,3 k €-12,9 k €-26,2 k €24,6 k €6,8 k €-27,7 k €-6,5 k €5,7 k €-10,3 k €6,5 k €49,4 k €29,3 k €-22,9 k €-12,3 k €-14,8 k €
Balance sheet
Equity-22,2 k €-50,4 k €-61,6 k €-65,6 k €-50,4 k €-37,5 k €-11,3 k €-31,6 k €-38,5 k €-10,8 k €-4,4 k €-10 k €272,1 €-6,3 k €-55,7 k €-85 k €-62,1 k €-49,8 k €
Total assets11,9 k €6,1 k €10 k €16,3 k €31,9 k €28,8 k €296,2 k €297,2 k €300,9 k €305,6 k €139,7 k €91,9 k €38 k €79 k €118,9 k €49,1 k €72,9 k €155,2 k €
Cash530,8 €301,2 €21,3 €6 €1,8 €961,3 €84,4 €410,9 €18,4 €1,7 k €12,1 k €1,3 k €7,4 k €13,1 k €19,2 k €24,8 k €7,2 k €7,5 k €
Debts34,1 k €56 k €71,6 k €72,4 k €78,9 k €63,6 k €303,9 k €325,6 k €337,7 k €315,4 k €144 k €102 k €37,7 k €85,3 k €174,6 k €134,2 k €135 k €205,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 9 ended

Active mandates

Peter Engels

Director

Active

Ended mandates

Peter Engels

Manager · since 09 décembre 2011

Ended
Carlo Vanhove

Manager

Ended
karine stiellemans

Mandate

Ended
karine stiellemans

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
PH MachineryActive
1038.320.761
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/10/202520/08/202422/08/202324/07/202220/08/202122/08/2020
General meeting31/08/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202431/08/202509/10/2025DutchPDF
Micro model31/12/202330/06/202420/08/2024DutchPDF
Micro model31/12/202230/06/202322/08/2023DutchPDF
Micro model31/12/202130/06/202224/07/2022DutchPDF
Micro model31/12/202030/06/202120/08/2021DutchPDF
Micro model31/12/201930/06/202022/08/2020DutchPDF
Micro model31/12/201830/06/201930/08/2019DutchPDF
Micro model31/12/201730/06/201804/08/2018DutchPDF
Abridged model31/12/201630/06/201708/08/2017DutchPDF
Abridged model31/12/201530/06/201612/07/2016DutchPDF
Abridged model31/12/201430/06/201503/08/2015DutchPDF
Abridged model31/12/201330/06/201428/08/2014DutchPDF
Abridged model31/12/201230/06/201330/08/2013DutchPDF
Abridged model31/12/201130/06/201230/08/2012DutchPDF
Abridged model31/12/201030/06/201129/07/2011DutchPDF
Abridged model31/12/200930/06/201028/07/2010DutchPDF
Abridged model31/12/200830/06/200928/07/2009DutchPDF
Abridged model31/12/200730/06/200818/07/2008DutchPDF
Abridged model31/12/200630/06/200725/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/12/2024 · 1 active · 9 ended

Active mandates

Peter Engels

Director

Active

Ended mandates

Peter Engels

Manager · since 09 décembre 2011

Ended
Carlo Vanhove

Manager

Ended
karine stiellemans

Mandate

Ended
karine stiellemans

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office07/12/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/05/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/12/2011
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office03/09/2007
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/07/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares23/11/2005
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2024
    Annual accounts 202428,2 k €
  2. 2023
    Annual accounts 202311,2 k €
  3. 2022
    Annual accounts 20224 k €
  4. 2021
    Annual accounts 2021-15,3 k €
  5. 2020
    Annual accounts 2020-12,9 k €
  6. 2019
    Annual accounts 2019-26,2 k €
  7. 2018
    Annual accounts 201824,6 k €
  8. 2017
    Annual accounts 20176,8 k €
  9. 2016
    Annual accounts 2016-27,7 k €
  10. 2015
    Annual accounts 2015-6,5 k €
  11. 2014
    Annual accounts 20145,7 k €
  12. 2013
    Annual accounts 2013-10,3 k €
  13. 2012
    Annual accounts 20126,5 k €
  14. 2011
    Annual accounts 201149,4 k €
  15. 2010
    Annual accounts 201029,3 k €
  16. 2009
    Annual accounts 2009-22,9 k €
  17. 2008
    Annual accounts 2008-12,3 k €
  18. 2007
    Annual accounts 2007-14,8 k €
  19. 09/11/1993
    IncorporationPrivate company with limited liability