ACTIVE

PROJECT PACKAGING SYSTEMS

Financial year 2025 · Closed on 31/12/2025

Net result-799 k €-63 718,5 %over 1 year
Gross margin2,6 k €+404,6 %over 1 year
Equity679,2 k €+230,2 %over 1 year

Identity

Source · BCE/KBO

PROJECT PACKAGING SYSTEMS is a Public limited company incorporated in 1999. Its main activity is: Activities of holding companies. Its registered office is in Herentals.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0467.422.214
Incorporation
17/11/1999
Legal form
Public limited company
Registered office
Geelseweg(HRT) 7
2200 Herentals · FlandreSee on map
Contributed capital
2 530 000,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 200
  • 218
Signals
Solid equityPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin2,6 k €-863 €-3,2 k €-99 €2 k €
EBITDA1,2 k €-2 k €-4,3 k €-1,1 k €1,3 k €
Operating result1,2 k €-2 k €-4,3 k €-1,1 k €1,3 k €
Net result-799 k €1,3 k €1,6 k €983 €617 €
Balance sheet
Equity679,2 k €-521,8 k €-523 k €-524,6 k €-525,5 k €
Total assets1,6 M €2,4 M €2,1 M €1,9 M €1 M €
Cash956 €852 €2,7 k €1,1 k €301 €
Debts932 k €2,9 M €2,6 M €2,4 M €1,5 M €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Charles Van Bavel
Director26/04/2012 → 16/05/2029
Isabelle Van Hool
Director15/11/2005 → 16/05/2029Administrator - manager15/11/2005 → 2006 accountsended
Yves Van Bavel
Director15/11/2005 → 16/05/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Louis Van Bavel
Director26/04/2012 → 2020 accounts

Other companies at this address

Geelseweg(HRT) 7 2200 Herentals
CompanyCBE no.
GEGIR● Active
0644.994.372
HERZOG● Active
0785.864.009
Louis Van Bavel● Active
1012.830.943
Primmo● Active
0406.563.919
SNEYDERS● Active
0443.823.005

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/05/202620/05/202518/06/202401/08/202320/05/202219/05/2021
General meeting24/03/202620/05/202521/05/202416/05/202317/05/202218/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/03/202619/05/2026DutchPDF
Abridged model31/12/202420/05/202520/05/2025DutchPDF
Abridged model31/12/202321/05/202418/06/2024DutchPDF
Abridged model31/12/202216/05/202301/08/2023DutchPDF
Abridged model31/12/202117/05/202220/05/2022DutchPDF
Abridged model31/12/202018/05/202119/05/2021DutchPDF
Abridged model31/12/201919/05/202009/06/2020DutchPDF
Abridged model31/12/201821/05/201921/06/2019DutchPDF
Abridged model31/12/201715/05/201812/06/2018DutchPDF
Abridged model31/12/201616/05/201731/05/2017DutchPDF
Abridged model31/12/201517/05/201629/06/2016DutchPDF
Abridged model31/12/201419/05/201507/07/2015DutchPDF
Abridged model31/12/201320/05/201420/05/2014DutchPDF
Abridged model31/12/201221/05/201321/06/2013DutchPDF
Abridged model31/12/201115/05/201215/05/2012DutchPDF
Abridged model31/12/201017/05/201131/05/2011DutchPDF
Abridged model31/12/200918/05/201018/05/2010DutchPDF
Abridged model31/12/200819/05/200919/05/2009DutchPDF
Abridged model31/12/200720/05/200813/06/2008DutchPDF
Abridged model31/12/200605/05/200704/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Charles Van Bavel
Director26/04/2012 → 16/05/2029
Isabelle Van Hool
Director15/11/2005 → 16/05/2029Administrator - manager15/11/2005 → 2006 accountsended
Yves Van Bavel
Director15/11/2005 → 16/05/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Louis Van Bavel
Director26/04/2012 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares27/02/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other15/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/12/2018
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/05/2017
    Herbenoeming bestuurders,
    PDF
  • Registered office29/01/2015
    Zetel verplaatsing: hemummerihg ten gevolge van gemeentelijke
    PDF
  • Mandates23/05/2012
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Charles Van Bavel
Isabelle Van Hool
Yves Van Bavel
Louis Van Bavel
1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
PROPAC
Geelseweg(HRT) 7, 2200 Herentals
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Geelseweg(HRT) 7, 2200 HerentalsCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00116219

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
PROJECT PACKAGING SYSTEMSCurrent
CBE
PROPAC
accounts 2021 → 2025
Accounts 2025 · 2026-00116219

Events

  1. 2025
    Annual accounts 2025-799 k €↓
  2. 2024
    Annual accounts 20241,3 k €↓
  3. 2023
    Annual accounts 20231,6 k €↑
  4. 2022
    Annual accounts 2022983 €↑
  5. 2021
    Annual accounts 2021617 €↓
  6. 2020
    Annual accounts 2020500,6 k €↑
  7. 2019
    Annual accounts 2019-2 M €↓
  8. 2018
    Annual accounts 2018549 €↑
  9. 2017
    Annual accounts 2017513 €↑
  10. 2016
    Annual accounts 2016462 €↓
  11. 2015
    Annual accounts 20151,2 k €↓
  12. 2014
    Annual accounts 201410,3 k €↑
  13. 2013
    Annual accounts 20138,8 k €↑
  14. 2012
    Annual accounts 20123 k €↓
  15. 2011
    Annual accounts 20113,2 k €↑
  16. 2010
    Annual accounts 2010617 €↓
  17. 2009
    Annual accounts 20091,3 k €↓
  18. 2008
    Annual accounts 200817,6 k €↑
  19. 2007
    Annual accounts 2007-16,6 k €↑
  20. 2006
    Annual accounts 2006-37,7 k €
  21. 17/11/1999
    IncorporationPublic limited company