Belgian Paper Convertors
0451.618.934 · rovalta.com · 24/09/2026
ACTIVE
Belgian Paper Convertors
Financial year 2025 · Closed on 31/12/2025
Net result
207 k €
-62,8 %over 1 yearGross margin
1,5 M €
-12,1 %over 1 yearEquity
1,9 M €
+12,4 %over 1 yearWorkforce
18,4 ETP
-3,7 %over 1 yearOverview
Identity
Source · BCE/KBOBelgian Paper Convertors is a Public limited company incorporated in 1994. Its main activity is: Manufacture of paper and paperboard. Its registered office is in Sint-Katelijne-Waver. It employs on average 18,4 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0451.618.934
- Incorporation
- 04/01/1994
- Legal form
- Public limited company
- Registered office
- Berkenhoekstraat 3a
2861 Sint-Katelijne-Waver · FlandreSee on map - Contributed capital
- 2 400 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 18,4 ETP
Activities (NACE)
17120Manufacture of paper and paperboard· main17120Manufacture of paper and paperboard17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard21121Manufacture of basic pharmaceutical products21210Manufacture of pharmaceutical preparations+5
Joint committees (3)
- 136
- 221
- 222
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 1,5 M € | -12.1% | 1,8 M € | -11.4% | 2 M € | +126% | 878,9 k € | -40.0% | 1,5 M € |
| EBITDA | 625,3 k € | -35.0% | 961,9 k € | -11.1% | 1,1 M € | +760% | -164 k € | -133% | 501,3 k € |
| Operating result | 300,9 k € | -48.8% | 587,7 k € | -13.9% | 682,9 k € | +221% | -563,4 k € | -723% | 90,5 k € |
| Net result | 207 k € | -62.8% | 557,1 k € | -10.1% | 619,5 k € | +202% | -608,2 k € | -1428% | 45,8 k € |
| Balance sheet | |||||||||
| Equity | 1,9 M € | +12.4% | 1,7 M € | +50.3% | 1,1 M € | +127% | 488,9 k € | -55.4% | 1,1 M € |
| Total assets | 3,9 M € | +2.7% | 3,8 M € | +6.9% | 3,6 M € | +1.2% | 3,6 M € | -2.2% | 3,6 M € |
| Cash | 713,8 k € | +138% | 299,5 k € | +123% | 134,5 k € | +90.7% | 70,6 k € | -34.3% | 107,5 k € |
| Debts | 2 M € | -6.8% | 2,2 M € | -12.5% | 2,5 M € | -18.6% | 3,1 M € | +20.4% | 2,5 M € |
| Other | |||||||||
| Workforce | 18,4 ETP | -3.7% | 19,1 ETP | -1.5% | 19,4 ETP | -3.0% | 20,0 ETP | -8.7% | 21,9 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 29 ended
Active mandates
Active
Ended mandates
Financials
Full financial information
Source · NBB| 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 | 04/03/2026 | 10/03/2025 | 26/03/2024 | 25/07/2023 | 25/04/2022 | 09/09/2021 |
| General meeting | 03/03/2026 | 28/02/2025 | 13/03/2024 | 31/03/2023 | 31/03/2022 | 30/06/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 03/03/2026 | 04/03/2026 | Dutch | |
| Abridged model | 31/12/2024 | 28/02/2025 | 10/03/2025 | Dutch | |
| Abridged model | 31/12/2023 | 13/03/2024 | 26/03/2024 | Dutch | |
| Abridged model | 31/12/2022 | 31/03/2023 | 25/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 31/03/2022 | 25/04/2022 | Dutch | |
| Abridged model | 31/12/2020 | 30/06/2021 | 09/09/2021 | Dutch | |
| Abridged model | 31/12/2019 | 17/07/2020 | 04/08/2020 | Dutch | |
| Abridged model | 31/12/2018 | 29/07/2019 | 28/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 27/08/2018 | 27/09/2018 | Dutch | |
| Abridged model | 31/12/2016 | 26/05/2017 | 28/08/2017 | Dutch | |
| Full model | 31/12/2015 | 27/05/2016 | 29/08/2016 | Dutch | |
| Full model | 31/03/2014 | 04/08/2014 | 04/09/2014 | Dutch | |
| Abridged model | 31/03/2013 | 05/08/2013 | 13/08/2013 | Dutch | |
| Abridged model | 31/03/2012 | 06/08/2012 | 07/08/2012 | Dutch | |
| Abridged modelCorrection | 31/03/2011 | 01/08/2011 | 24/05/2012 | Dutch | |
| Abridged model | 31/03/2011 | 01/08/2011 | 22/08/2011 | Dutch | |
| Abridged model | 31/03/2010 | 02/08/2010 | 19/08/2010 | Dutch | |
| Abridged model | 31/03/2009 | 03/08/2009 | 10/08/2009 | Dutch | |
| Abridged model | 31/03/2008 | 25/08/2008 | 23/09/2008 | Dutch | |
| Abridged model | 31/03/2007 | 03/09/2007 | 25/09/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20251 active · 29 ended
Active mandates
Active
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates03/11/2023ONTSLAGEN - BENOEMINGEN
- Mandates02/05/2023ONTSLAGEN - BENOEMINGEN
- Mandates28/09/2021ONTSLAGEN - BENOEMINGEN
- Mandates28/04/2021ONTSLAGEN - BENOEMINGEN
- Mandates11/02/2020KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates29/11/2019ONTSLAGEN - BENOEMINGEN
- Other18/04/2018BENAMING
- Mandates22/11/2017ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025207 k €↓
- 2024Annual accounts 2024557,1 k €↓
- 2023Annual accounts 2023619,5 k €↑
- 2022Annual accounts 2022-608,2 k €↓
- 2021Annual accounts 202145,8 k €↑
- 2020Annual accounts 2020-1 M €↓
- 2019Annual accounts 2019-642 k €↓
- 2018Annual accounts 2018-294,2 k €↑
- 2017Annual accounts 2017-348,1 k €↓
- 2016Annual accounts 2016-100,5 k €↑
- 2015Annual accounts 2015-859,7 k €↓
- 2014Annual accounts 2014-222,6 k €↓
- 2013Annual accounts 201316 k €↓
- 2012Annual accounts 201275,3 k €↓
- 2011Annual accounts 2011280,1 k €↑
- 2010Annual accounts 2010-28,4 k €↓
- 2009Annual accounts 2009315,1 k €↓
- 2008Annual accounts 2008425 k €↑
- 2007Annual accounts 2007258,4 k €
- 04/01/1994IncorporationPublic limited company