ACTIVE

BOXMAKER

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

63,8 k €

+34.2% YoY

Gross margin

253,5 k €

+2.5% YoY

Equity

140 k €

+16.7% YoY

Workforce

2,0 ETP

0.0% YoY

What does BOXMAKER do?

BOXMAKER is a Private limited company incorporated in 1998. Its main activity is: Manufacture of corrugated paper and paperboard and of containers of paper and paperboard. Its registered office is in Tielt-Winge. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.915.159

Incorporation

18/12/1998

Legal form

Private limited company

Registered office

Leuvensesteenweg 196 box 6
3390 Tielt-Winge · FlandreSee on map

Contributed capital

70 000,00 €

Latest accounts

31/12/2025

Average workforce

2,0 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 17230Manufacture of paper stationery 17230Manufacture of paper stationery 21210Manufacture of pharmaceutical preparations 21230Manufacture of pharmaceutical preparations+10

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	253,5 k €	+2.5%	247,3 k €	+2.3%	241,6 k €	+19.2%	202,7 k €	+6.2%	190,8 k €	-4.4%	199,6 k €	+13.9%	175,2 k €	-17.6%	212,5 k €	-7.0%	228,5 k €	-9.0%	251 k €	+22.2%	205,3 k €	+17.9%	174,2 k €	-22.0%	223,2 k €	+29.6%	172,2 k €	+54.8%	111,2 k €	-32.5%	164,7 k €	+12.9%	145,9 k €	+28.1%	113,9 k €	+13.5%	100,4 k €
EBITDA	92,7 k €	+14.1%	81,3 k €	+32.2%	61,5 k €	+35.3%	45,4 k €	-7.7%	49,2 k €	-11.1%	55,4 k €	+23.8%	44,7 k €	-22.6%	57,8 k €	-12.8%	66,3 k €	-16.5%	79,3 k €	-5.8%	84,2 k €	+48.7%	56,6 k €	-15.4%	67 k €	-8.9%	73,5 k €	+1148%	5,9 k €	-89.5%	56,4 k €	+31.1%	43 k €	-11.8%	48,8 k €	+1.4%	48,1 k €
Operating result	88,9 k €	+28.4%	69,2 k €	+60.9%	43 k €	+293%	10,9 k €	-8.6%	12 k €	-44.8%	21,7 k €	+97.1%	11 k €	-50.7%	22,3 k €	+101%	11,1 k €	-52.8%	23,5 k €	-32.0%	34,5 k €	+145%	14,1 k €	-49.7%	28 k €	-31.3%	40,7 k €	+245%	-28,2 k €	-176%	36,8 k €	+23.1%	29,9 k €	-12.6%	34,3 k €	+2.9%	33,3 k €
Net result	63,8 k €	+34.2%	47,6 k €	+61.1%	29,5 k €	+375%	6,2 k €	+20.4%	5,2 k €	-59.9%	12,9 k €	+97.1%	6,5 k €	-47.7%	12,5 k €	+834%	1,3 k €	-85.4%	9,2 k €	-45.8%	16,9 k €	+782%	1,9 k €	+66.0%	1,2 k €	-94.5%	21 k €	+147%	-45 k €	-395%	15,2 k €	+48.8%	10,2 k €	+0.0%	10,2 k €	-35.5%	15,9 k €
Balance sheet
Equity	140 k €	+16.7%	120 k €	-25.1%	160,1 k €	+22.6%	130,6 k €	+5.0%	124,4 k €	+4.3%	119,2 k €	+12.1%	106,3 k €	+6.5%	99,8 k €	+14.3%	87,3 k €	+1.6%	86 k €	+11.9%	76,8 k €	+11.5%	68,9 k €	+2.9%	67 k €	+1.8%	65,9 k €	+46.7%	44,9 k €	-50.1%	89,9 k €	+7.5%	83,6 k €	+1.5%	82,4 k €	+1.5%	81,2 k €
Total assets	431,3 k €	+28.8%	334,8 k €	+6.6%	314,2 k €	-27.5%	433,6 k €	-10.7%	485,5 k €	+16.0%	418,7 k €	+43.1%	292,6 k €	-25.2%	391,1 k €	-27.4%	538,5 k €	+0.3%	536,9 k €	-1.9%	547,1 k €	+11.1%	492,3 k €	+4.9%	469,4 k €	+12.0%	419 k €	+29.2%	324,2 k €	-20.1%	405,8 k €	+30.8%	310,3 k €	+6.8%	290,4 k €	+4.6%	277,6 k €
Cash	165,2 k €	+1.2%	163,2 k €	+53.0%	106,7 k €	+77.5%	60,1 k €	+28.0%	47 k €	+25.1%	37,5 k €	+1398%	2,5 k €	-94.2%	43,3 k €	+314%	10,5 k €	-80.8%	54,6 k €	+75.8%	31 k €	-23.6%	40,6 k €	-52.2%	85 k €	+114%	39,6 k €		–		–		39,5 k €		–		–
Debts	291,3 k €	+35.6%	214,8 k €	+39.4%	154,1 k €	-49.0%	302 k €	+2.4%	294,8 k €	-1.6%	299,5 k €	+60.8%	186,3 k €	-36.0%	291,3 k €	-34.4%	444 k €	-1.5%	450,9 k €	-2.7%	463,6 k €	+9.9%	422,1 k €	+4.9%	402,3 k €	+14.7%	350,7 k €	+25.5%	279,3 k €	-11.6%	315,9 k €	+39.4%	226,6 k €	+8.9%	208,1 k €	+5.9%	196,4 k €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-4.8%	2,1 ETP	0.0%	2,1 ETP	-4.5%	2,2 ETP	+10.0%	2,0 ETP	-9.1%	2,2 ETP	0.0%	2,2 ETP		–		2,1 ETP	0.0%	2,1 ETP	0.0%	2,1 ETP	+5.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+17.6%	1,7 ETP	+70.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

GWS Consulting

Director · since 15 juin 2022 · 0736.598.501

Represented by Steven Inghels

Active

Ended mandates

Consulting GWS

Director · since 14 juillet 2022

Ended

GWS Consulting

Director · since 15 juin 2022 · 0736.598.501

Represented by Steven INGHELS

Ended

Paul SCHOONJANS

Mandate · since 21 octobre 2002

Ended

Lore Schoonjans

bestuurder

Ended

At this address

Other companies at this address

Company	CBE no.
Gabriela Feijó● Active	1031.570.749
Thuisverpleging C. V.● Active	1023.288.434
Vereniging van Mede-Eigenaars gebouw te Tielt-Winge (Sint-Joris-Winge), Leuvensesteenweg 196● Active	0825.353.895

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	01/01/2025	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	20/02/2026	25/03/2025	29/02/2024	13/02/2023	03/05/2022	22/04/2021
General meeting	17/02/2026	22/03/2025	20/02/2024	03/02/2023	30/04/2022	09/04/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/02/2026	20/02/2026	Dutch	PDF
Abridged model	31/12/2024	22/03/2025	25/03/2025	Dutch	PDF
Abridged model	31/12/2023	20/02/2024	29/02/2024	Dutch	PDF
Abridged model	31/12/2022	03/02/2023	13/02/2023	Dutch	PDF
Abridged model	31/12/2021	30/04/2022	03/05/2022	Dutch	PDF
Abridged model	31/12/2020	09/04/2021	22/04/2021	Dutch	PDF
Abridged model	31/12/2019	04/04/2020	09/04/2020	Dutch	PDF
Abridged model	31/12/2018	28/02/2019	04/03/2019	Dutch	PDF
Abridged model	31/12/2017	07/03/2018	08/03/2018	Dutch	PDF
Micro model	31/12/2016	09/06/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	25/06/2014	Dutch	PDF
Abridged model	30/09/2012	15/03/2013	26/03/2013	Dutch	PDF
Abridged model	30/09/2011	16/03/2012	13/04/2012	Dutch	PDF
Abridged model	30/09/2010	18/03/2011	18/03/2011	Dutch	PDF
Abridged model	30/09/2009	19/03/2010	22/03/2010	Dutch	PDF
Abridged model	30/09/2008	20/03/2009	25/03/2009	Dutch	PDF
Abridged model	30/09/2007	21/03/2008	25/03/2008	Dutch	PDF
Abridged model	30/09/2006	16/03/2007	21/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 5 ended

Active mandates

GWS Consulting

Director · since 15 juin 2022 · 0736.598.501

Represented by Steven Inghels

Active

Ended mandates

Consulting GWS

Director · since 14 juillet 2022

Ended

GWS Consulting

Director · since 15 juin 2022 · 0736.598.501

Represented by Steven INGHELS

Ended

Paul SCHOONJANS

Mandate · since 21 octobre 2002

Ended

Lore Schoonjans

bestuurder

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/07/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates14/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/01/2016
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other16/09/2013
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office11/05/2007
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares02/10/2003
KAPITAAL - AANDELEN
PDF
Mandates19/11/2002
ONTSLAGEN - BENOEMINGEN - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - BOEKJAAR - MAATSCHAPPELIJKE ZETEL
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 202563,8 k €↑
2024
Annual accounts 202447,6 k €↑
2023
Annual accounts 202329,5 k €↑
2022
Annual accounts 20226,2 k €↑
2021
Annual accounts 20215,2 k €↓
2020
Annual accounts 202012,9 k €↑
2019
Annual accounts 20196,5 k €↓
2018
Annual accounts 201812,5 k €↑
2017
Annual accounts 20171,3 k €↓
2016
Annual accounts 20169,2 k €↓
2015
Annual accounts 201516,9 k €↑
2014
Annual accounts 20141,9 k €↑
2013
Annual accounts 20131,2 k €↓
2012
Annual accounts 201221 k €↑
2011
Annual accounts 2011-45 k €↓
2010
Annual accounts 201015,2 k €↑
2009
Annual accounts 200910,2 k €↑
2008
Annual accounts 200810,2 k €↓
2007
Annual accounts 200715,9 k €
18/12/1998
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

BOXMAKER

Overview

What does BOXMAKER 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