ACTIVE

EXAM PACKAGING

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Financial year 2025 · closed on 30/06/2025

Net result

1,2 M €

-13.1% YoY

Gross margin

3,2 M €

-1.1% YoY

Equity

2,3 M €

+33.4% YoY

Workforce

18,1 ETP

-4.7% YoY

What does EXAM PACKAGING do?

EXAM PACKAGING is a Private limited company incorporated in 1997. Its main activity is: Manufacture of paper and paperboard. Its registered office is in Grimbergen. It employs on average 18,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.816.712

Incorporation

09/06/1997

Legal form

Private limited company

Registered office

Romeinsesteenweg 558
1853 Grimbergen · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

30/06/2025

Average workforce

18,1 ETP

Activities (NACE)

17120Manufacture of paper and paperboard· main 17120Manufacture of paper and paperboard 22220Manufacture of plastic packing goods 22220Manufacture of plastic packing goods 17250Manufacture of articles of paper and paperboard 17290Manufacture of other articles of paper and paperboard

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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		2009		2008		2007
Income statement
Gross margin	3,2 M €	-1.1%	3,2 M €	+70.5%	1,9 M €	+50.4%	1,2 M €	-26.9%	1,7 M €	+27.0%	1,3 M €	+40.8%	949,3 k €	-18.1%	1,2 M €	-15.2%	1,4 M €	+22.8%	1,1 M €	+0.0%	1,1 M €	+15.1%	967,1 k €	+65.0%	586,2 k €	-41.9%	1 M €	-8.9%	1,1 M €	-3.3%	1,1 M €	+115%	534,1 k €	+0.0%	533,8 k €	+10.3%	484 k €
EBITDA	1,8 M €	-9.3%	2 M €	+204%	642 k €	+1583%	38,1 k €	-91.8%	467,2 k €	+17.3%	398,3 k €	+52.0%	262,1 k €	-28.1%	364,8 k €	-14.6%	427,2 k €	+53.5%	278,3 k €	-2.4%	285 k €	+55.5%	183,3 k €	+305%	-89,4 k €	-125%	351,5 k €	-40.9%	595,1 k €	+33.6%	445,6 k €	+15598%	-2,9 k €	-102%	121,8 k €	-22.4%	156,8 k €
Operating result	1,6 M €	-12.3%	1,8 M €	+278%	473,2 k €	+424%	-145,9 k €	-139%	369,7 k €	+19.3%	310 k €	+63.0%	190,1 k €	-31.3%	276,8 k €	-13.8%	320,9 k €	+77.3%	181 k €	-16.3%	216,3 k €	+128%	94,8 k €	+148%	-195,8 k €	-177%	253,3 k €	-40.4%	425,3 k €	+36.0%	312,7 k €	+390%	-107,7 k €	-2428%	4,6 k €	-93.0%	65,9 k €
Net result	1,2 M €	-13.1%	1,4 M €	+227%	417,3 k €	+555%	-91,6 k €	-129%	318,5 k €	+34.1%	237,5 k €	+61.5%	147,1 k €	-16.8%	176,7 k €	-19.7%	220,1 k €	+70.7%	128,9 k €	-28.6%	180,6 k €	+77.5%	101,7 k €	+152%	-196,6 k €	-223%	159,7 k €	-33.6%	240,4 k €	+0.3%	239,7 k €	+316%	-111,1 k €	-174%	-40,5 k €	-274%	23,3 k €
Balance sheet
Equity	2,3 M €	+33.4%	1,8 M €	-16.0%	2,1 M €	-13.6%	2,4 M €	-3.7%	2,5 M €	+14.5%	2,2 M €	+12.2%	2 M €	+8.1%	1,8 M €	+10.8%	1,6 M €	+15.6%	1,4 M €	+10.1%	1,3 M €	+16.4%	1,1 M €	+9.7%	1 M €	-16.7%	1,2 M €	+14.8%	1 M €	+28.3%	817,9 k €	+39.3%	587,1 k €	-17.1%	708 k €	-6.6%	758,4 k €
Total assets	4,7 M €	+37.4%	3,4 M €	+4.7%	3,3 M €	-17.8%	4 M €	+5.8%	3,8 M €	+25.1%	3 M €	+0.4%	3 M €	+0.6%	3 M €	+5.2%	2,8 M €	+15.5%	2,5 M €	+3.3%	2,4 M €	+15.9%	2,1 M €	-1.8%	2,1 M €	-7.2%	2,3 M €	+3.3%	2,2 M €	-24.2%	2,9 M €	+11.0%	2,6 M €	+14.6%	2,3 M €	-2.8%	2,3 M €
Cash	2 M €	+241%	594,9 k €	-58.2%	1,4 M €	+448%	259,7 k €	-62.5%	691,8 k €	+20.4%	574,4 k €	-10.8%	644 k €	-9.9%	714,5 k €	+10.9%	644 k €	+53.6%	419,3 k €	-25.8%	564,8 k €	+39.3%	405,5 k €	+15.5%	351,2 k €	+54.1%	227,8 k €	-28.0%	316,4 k €	-43.1%	556,2 k €	+40.9%	394,8 k €	+449%	72 k €	-81.8%	395,3 k €
Debts	2,4 M €	+41.6%	1,7 M €	+45.0%	1,2 M €	-25.7%	1,6 M €	+24.6%	1,3 M €	+55.7%	808,9 k €	-21.6%	1 M €	-9.6%	1,1 M €	-2.5%	1,2 M €	+13.8%	1 M €	-4.6%	1,1 M €	+16.0%	928,6 k €	-12.6%	1,1 M €	+4.6%	1 M €	-9.8%	1,1 M €	-41.4%	1,9 M €	+2.9%	1,9 M €	+30.6%	1,4 M €	-0.8%	1,4 M €
Other
Workforce	18,1 ETP	-4.7%	19,0 ETP	-9.5%	21,0 ETP	+2.9%	20,4 ETP	+1.0%	20,2 ETP	+31.2%	15,4 ETP	+14.9%	13,4 ETP	-0.7%	13,5 ETP	-11.2%	15,2 ETP	-1.3%	15,4 ETP	+11.6%	13,8 ETP	+0.7%	13,7 ETP	0.0%	13,7 ETP	+22.3%	11,2 ETP	-8.2%	12,2 ETP	-3.9%	12,7 ETP	+17.6%	10,8 ETP	+20.0%	9,0 ETP	+38.5%	6,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 1 ended

Active mandates

Pascal Vanlandeghem

Director

Active

Ended mandates

Pascal Vanlandeghem

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
EXAM SERVICES● Active	0429.570.240
GARCIA● Active	0473.565.183

Annual accounts

Full financial information

	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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/01/2026	09/01/2025	06/11/2023	07/12/2022	17/01/2022	22/12/2020
General meeting	30/12/2025	30/12/2024	31/10/2023	28/11/2022	22/12/2021	18/12/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	30/12/2025	06/01/2026	Dutch	PDF
Abridged model	30/06/2024	30/12/2024	09/01/2025	Dutch	PDF
Abridged model	30/06/2023	31/10/2023	06/11/2023	Dutch	PDF
Abridged model	30/06/2022	28/11/2022	07/12/2022	Dutch	PDF
Abridged model	30/06/2021	22/12/2021	17/01/2022	Dutch	PDF
Abridged model	30/06/2020	18/12/2020	22/12/2020	Dutch	PDF
Abridged model	30/06/2019	01/10/2019	30/10/2019	Dutch	PDF
Abridged model	30/06/2018	15/11/2018	30/11/2018	Dutch	PDF
Abridged model	30/06/2017	26/09/2017	17/10/2017	Dutch	PDF
Abridged model	30/06/2016	11/10/2016	07/11/2016	Dutch	PDF
Abridged model	30/06/2015	20/10/2015	16/11/2015	Dutch	PDF
Abridged model	30/06/2014	28/10/2014	17/11/2014	Dutch	PDF
Abridged model	30/06/2013	29/10/2013	27/11/2013	Dutch	PDF
Abridged model	30/06/2012	06/11/2012	23/11/2012	Dutch	PDF
Abridged model	30/06/2011	08/11/2011	02/12/2011	Dutch	PDF
Abridged model	30/06/2010	24/11/2010	03/12/2010	Dutch	PDF
Abridged model	30/06/2009	17/11/2009	27/11/2009	Dutch	PDF
Abridged model	30/06/2008	02/12/2008	17/12/2008	Dutch	PDF
Abridged model	30/06/2007	25/10/2007	19/11/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 1 ended

Active mandates

Pascal Vanlandeghem

Director

Active

Ended mandates

Pascal Vanlandeghem

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - 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 20251,2 M €↓
2024
Annual accounts 20241,4 M €↑
2023
Annual accounts 2023417,3 k €↑
2022
Annual accounts 2022-91,6 k €↓
2021
Annual accounts 2021318,5 k €↑
2020
Annual accounts 2020237,5 k €↑
2019
Annual accounts 2019147,1 k €↓
2018
Annual accounts 2018176,7 k €↓
2017
Annual accounts 2017220,1 k €↑
2016
Annual accounts 2016128,9 k €↓
2015
Annual accounts 2015180,6 k €↑
2014
Annual accounts 2014101,7 k €↑
2013
Annual accounts 2013-196,6 k €↓
2012
Annual accounts 2012159,7 k €↓
2011
Annual accounts 2011240,4 k €↑
2010
Annual accounts 2010239,7 k €↑
2009
Annual accounts 2009-111,1 k €↓
2008
Annual accounts 2008-40,5 k €↓
2007
Annual accounts 200723,3 k €
09/06/1997
IncorporationPrivate 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

EXAM PACKAGING

Overview

What does EXAM PACKAGING 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