ACTIVE

CORPACK

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Financial year 2025 · closed on 31/12/2025

Net result

-1,1 M €

-188.8% YoY

Revenue

22,0 M €

+18.4% YoY

Equity

3,1 M €

-26.7% YoY

Workforce

44,3 ETP

+2.8% YoY

What does CORPACK do?

CORPACK is a Public limited company incorporated in 1994. Its main activity is: Manufacture of corrugated paper and paperboard and of containers of paper and paperboard. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 44,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.991.978

Incorporation

29/06/1994

Legal form

Public limited company

Registered office

Doornpark(BEV) 20
9120 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

742 736,11 €

Latest accounts

31/12/2025

Average workforce

44,3 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 (5)

136
13600
220
222
22200

Signals

Positive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2008		2007		2006
Income statement
Revenue	22,0 M €	+18.4%	18,6 M €	-8.3%	20,3 M €	-9.2%	22,3 M €	+15.8%	19,3 M €	+24.1%	15,5 M €	-3.1%	16,0 M €	+4.0%	15,4 M €	+3.9%	14,9 M €	+8.5%	13,7 M €	-4.6%	14,4 M €	+7.7%	13,3 M €	+16.2%	11,5 M €	+3.9%	11,0 M €	-28.0%	15,3 M €	+17.4%	13,1 M €	+38.6%	9,4 M €	+4.1%	9,0 M €		–
EBITDA	64,8 k €	-97.0%	2,2 M €	-25.6%	2,9 M €	+32.4%	2,2 M €	+18.9%	1,8 M €	-1.1%	1,9 M €	+30.0%	1,4 M €	+50.9%	946,9 k €	-9.5%	1,0 M €	-4.8%	1,1 M €	-20.5%	1,4 M €	+0.9%	1,4 M €	+12.3%	1,2 M €	-12.2%	1,4 M €	-19.2%	1,7 M €	+37.1%	1,3 M €	+10.0%	1,1 M €	+5.9%	1,1 M €	+20.1%	896,1 k €
Operating result	-733,6 k €	-144%	1,7 M €	-31.1%	2,4 M €	+68.6%	1,4 M €	+18.5%	1,2 M €	-2.7%	1,2 M €	+29.9%	959,7 k €	+50.8%	636,4 k €	-28.3%	887,2 k €	+133%	381,4 k €	-66.8%	1,1 M €	+4.0%	1,1 M €	+20.3%	917,6 k €	-14.2%	1,1 M €	-18.9%	1,3 M €	+75.3%	751,9 k €	+19.1%	631,4 k €	+29.3%	488,3 k €	+369%	104,0 k €
Net result	-1,1 M €	-189%	1,3 M €	-35.4%	2,0 M €	+48.4%	1,3 M €	+28.1%	1,0 M €	+13.9%	912,2 k €	+0.5%	907,6 k €	+32.8%	683,6 k €	-26.6%	931,4 k €	+178%	335,2 k €	-59.6%	830,3 k €	+1.3%	819,9 k €	+26.9%	646,2 k €	-13.0%	743,0 k €	-17.3%	898,4 k €	+86.1%	482,7 k €	-11.3%	544,0 k €	+81.7%	299,4 k €	+1116%	24,6 k €
Balance sheet
Equity	3,1 M €	-26.7%	4,2 M €	+43.1%	3,0 M €	+56.0%	1,9 M €	-46.8%	3,6 M €	+41.0%	2,5 M €	+56.4%	1,6 M €	+31.0%	1,2 M €	+4.4%	1,2 M €	-5.5%	1,3 M €	-15.2%	1,5 M €	-14.5%	1,7 M €	+142%	713,2 k €	-48.9%	1,4 M €	+51.7%	920,8 k €	+26.1%	730,3 k €	-23.6%	955,6 k €	+40.2%	681,6 k €	+17.1%	582,2 k €
Total assets	15,5 M €	+13.9%	13,6 M €	+140%	5,7 M €	-15.9%	6,8 M €	+20.1%	5,6 M €	+4.0%	5,4 M €	-0.5%	5,4 M €	+2.0%	5,3 M €	+21.1%	4,4 M €	+30.4%	3,4 M €	-14.6%	4,0 M €	+4.3%	3,8 M €	-2.9%	3,9 M €	-10.2%	4,3 M €	-11.5%	4,9 M €	+15.8%	4,2 M €	+1.5%	4,2 M €	-0.2%	4,2 M €	-19.0%	5,2 M €
Cash	1,4 M €	+289%	360,2 k €	+51.5%	237,8 k €	-68.2%	746,9 k €	-1.9%	761,2 k €	-34.3%	1,2 M €	+122%	522,5 k €	+34.1%	389,7 k €	-2.4%	399,4 k €	-9.5%	441,2 k €	-28.8%	619,7 k €	+29.7%	477,7 k €	-9.7%	528,8 k €	-28.8%	742,7 k €	-11.0%	834,6 k €	+89.0%	441,6 k €	-44.8%	800,0 k €	+104%	393,0 k €	-58.1%	936,8 k €
Debts	12,4 M €	+32.4%	9,4 M €	+246%	2,7 M €	-44.1%	4,9 M €	+137%	2,1 M €	-25.5%	2,8 M €	-26.5%	3,7 M €	-7.1%	4,0 M €	+27.7%	3,2 M €	+53.2%	2,1 M €	-14.6%	2,4 M €	+20.6%	2,0 M €	-35.9%	3,1 M €	+8.5%	2,9 M €	-26.3%	3,9 M €	+16.5%	3,4 M €	+10.0%	3,1 M €	-12.9%	3,5 M €	-23.6%	4,6 M €
Other
Workforce	44,3 ETP	+2.8%	43,1 ETP	+1.9%	42,3 ETP	+4.4%	40,5 ETP	0.0%	40,5 ETP	+3.6%	39,1 ETP	+6.0%	36,9 ETP	+11.5%	33,1 ETP	+5.1%	31,5 ETP	+1.3%	31,1 ETP	+5.1%	29,6 ETP	+19.4%	24,8 ETP	+6.4%	23,3 ETP	-0.4%	23,4 ETP	+10.9%	21,1 ETP	+6.6%	19,8 ETP	+17.2%	16,9 ETP	+3.0%	16,4 ETP	-4.1%	17,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 42 ended

Active mandates

FORESCO

Managing director · since 01 décembre 2025 · until 01 décembre 2031 · 0536.390.796

Represented by Cédric De Quinnemar

Active

Jan Ponnet

Managing director · since 23 juin 2023 · until 22 juin 2029

Active

Ended mandates

FORESCO GROUP

Managing director · since 23 juin 2023 · until 22 juin 2029 · 0738.732.204

Represented by Cédric DE QUINNEMAR

Ended

FORESCO GROUP

Director · since 26 novembre 2021 · until 25 novembre 2027 · 0738.732.204

Represented by Cédric De Quinnemar

Ended

FORESCO GROUP

Director · since 26 novembre 2021 · until 25 novembre 2027 · 0738.732.204

Represented by Cédric De Quinnemar

Ended

Jan Ponnet

Director · since 26 novembre 2021 · until 25 novembre 2027

Ended

At this address

Other companies at this address

Company	CBE no.
CORPACK - IMMO● Active	0465.754.210

Annual accounts

Full financial information

	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	13/07/2026	10/07/2025	07/06/2024	25/04/2023	28/06/2022	22/07/2021
General meeting	30/06/2026	10/07/2025	31/05/2024	07/04/2023	17/06/2022	24/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	13/07/2026	Dutch	PDF
Full model	31/12/2024	10/07/2025	10/07/2025	Dutch	PDF
Full model	31/12/2023	31/05/2024	07/06/2024	Dutch	PDF
Full model	31/12/2022	07/04/2023	25/04/2023	Dutch	PDF
Full model	31/12/2021	17/06/2022	28/06/2022	Dutch	PDF
Full model	31/12/2020	24/06/2021	22/07/2021	Dutch	PDF
Full model	31/12/2019	19/06/2020	14/07/2020	Dutch	PDF
Full model	31/12/2018	21/06/2019	24/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	30/07/2018	Dutch	PDF
Full model	31/12/2016	23/06/2017	18/07/2017	Dutch	PDF
Full model	31/12/2015	24/06/2016	18/07/2016	Dutch	PDF
Full model	31/12/2014	19/06/2015	17/07/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	23/07/2014	Dutch	PDF
Full model	31/12/2012	21/06/2013	16/07/2013	Dutch	PDF
Full model	31/12/2011	15/06/2012	31/07/2012	Dutch	PDF
Full model	30/06/2010	18/02/2011	05/04/2011	Dutch	PDF
Full model	31/12/2008	29/06/2009	28/07/2009	Dutch	PDF
Full modelCorrection	31/12/2007	27/06/2008	27/08/2008	Dutch	PDF
Full modelCorrection	31/12/2007	27/06/2008	22/08/2008	Dutch	PDF
Full model	31/12/2007	27/06/2008	18/07/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 active · 42 ended

Active mandates

FORESCO

Managing director · since 01 décembre 2025 · until 01 décembre 2031 · 0536.390.796

Represented by Cédric De Quinnemar

Active

Jan Ponnet

Managing director · since 23 juin 2023 · until 22 juin 2029

Active

Ended mandates

FORESCO GROUP

Managing director · since 23 juin 2023 · until 22 juin 2029 · 0738.732.204

Represented by Cédric DE QUINNEMAR

Ended

FORESCO GROUP

Director · since 26 novembre 2021 · until 25 novembre 2027 · 0738.732.204

Represented by Cédric De Quinnemar

Ended

FORESCO GROUP

Director · since 26 novembre 2021 · until 25 novembre 2027 · 0738.732.204

Represented by Cédric De Quinnemar

Ended

Jan Ponnet

Director · since 26 novembre 2021 · until 25 novembre 2027

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring24/03/2026
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates15/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/12/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/01/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates24/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2023
DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates01/02/2022
ONTSLAGEN - BENOEMINGEN
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 2025-1,1 M €↓
2024
Annual accounts 20241,3 M €↓
2023
Annual accounts 20232,0 M €↑
2022
Annual accounts 20221,3 M €↑
2021
Annual accounts 20211,0 M €↑
2020
Annual accounts 2020912,2 k €↑
2019
Annual accounts 2019907,6 k €↑
2018
Annual accounts 2018683,6 k €↓
2017
Annual accounts 2017931,4 k €↑
2016
Annual accounts 2016335,2 k €↓
2015
Annual accounts 2015830,3 k €↑
2014
Annual accounts 2014819,9 k €↑
2013
Annual accounts 2013646,2 k €↓
2012
Annual accounts 2012743,0 k €↓
2011
Annual accounts 2011898,4 k €↑
2010
Annual accounts 2010482,7 k €↓
2008
Annual accounts 2008544,0 k €↑
2007
Annual accounts 2007299,4 k €↑
2006
Annual accounts 200624,6 k €
29/06/1994
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

CORPACK

Overview

What does CORPACK do?

Trend over 19 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