ACTIVE

Packaging PrintCo

Financial year 2025 · closed on 31/12/2025
Net result
32 M €
+140.1% YoY
Revenue
17,2 M €
+17.7% YoY
Equity
213,4 M €
+19.0% YoY
Workforce
13,4 ETP
+10.7% YoY

What does Packaging PrintCo do?

Packaging PrintCo is a Public limited company incorporated in 2018. Its main activity is: Activities of holding companies. Its registered office is in Wevelgem. It employs on average 13,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0701.960.690
Incorporation
31/08/2018
Legal form
Public limited company
Registered office
Westlaan 2
8560 Wevelgem · FlandreSee on map
Contributed capital
131 772 685,00 €
Latest accounts
31/12/2025
Average workforce
13,4 ETP
Joint committees (2)
  • 200
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212019
Income statement
Revenue17,2 M €14,6 M €5,9 M €4 M €1,4 M €417,1 k €
EBITDA8,1 M €9,1 M €1,5 M €1,4 M €-627,8 k €-33,6 k €
Operating result7,9 M €9 M €1,4 M €1,3 M €-627,8 k €-33,6 k €
Net result32 M €13,3 M €11,3 M €28,7 M €-2,5 M €-1,1 M €
Balance sheet
Equity213,4 M €179,4 M €166,1 M €122,8 M €70,7 M €22 M €
Total assets260,9 M €298,3 M €288,5 M €230 M €178,7 M €43,5 M €
Cash1,4 M €5,3 M €1,4 M €2,1 M €1,3 M €31,1 k €
Debts47 M €117,1 M €120,5 M €106,3 M €107,5 M €21,4 M €
Other
Workforce13,4 ETP12,1 ETP9,2 ETP2,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 8 ended

Active mandates

DECLERCK CONSULTING

Managing director · 0889.790.403

Represented by Ives Declerck

Active
Nicolas D'heygere

Director · 0683.618.782

Represented by Nicolas D'HEYGERE

Active
Vincent Nykjaer

Director · 0776.869.436

Represented by Vincent Nykjaer

Active

Ended mandates

Vincent Nykjaer

Director · since 30 juin 2023 · 0776.869.436

Represented by Vincent Nykjear

Ended
Standbyco 5 BV

Director · since 09 mai 2019 · until 09 mai 2025

Represented by Frank Vlayen

Ended
DECLERCK CONSULTING

Managing director · since 24 octobre 2018 · until 30 mai 2025 · 0889.790.403

Represented by Ives Declerck

Ended
Nicolas D'heygere

Director · since 30 août 2018 · until 30 mai 2025 · 0683.618.782

Represented by Nicolas D'heygere

Ended
At this address

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0428.014.379
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1029.850.087
0433.329.286
0766.718.682
1039.400.827
PPC FinanceActive
1024.484.504
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date16/07/202608/07/202515/07/202412/07/202319/07/202209/07/2021
General meeting30/06/202630/06/202528/06/202430/06/202328/06/202229/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202616/07/2026DutchPDF
Full model31/12/202430/06/202508/07/2025DutchPDF
Consolidated accounts31/12/202430/06/202508/07/2025DutchPDF
Full model31/12/202328/06/202415/07/2024DutchPDF
Consolidated accounts31/12/202328/06/202415/07/2024DutchPDF
Full model31/12/202230/06/202312/07/2023DutchPDF
Consolidated accounts31/12/202230/06/202316/08/2023DutchPDF
Full model31/12/202128/06/202219/07/2022DutchPDF
Full model31/12/202029/06/202109/07/2021DutchPDF
Full model31/12/201915/06/202024/06/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 3 active · 8 ended

Active mandates

DECLERCK CONSULTING

Managing director · 0889.790.403

Represented by Ives Declerck

Active
Nicolas D'heygere

Director · 0683.618.782

Represented by Nicolas D'HEYGERE

Active
Vincent Nykjaer

Director · 0776.869.436

Represented by Vincent Nykjaer

Active

Ended mandates

Vincent Nykjaer

Director · since 30 juin 2023 · 0776.869.436

Represented by Vincent Nykjear

Ended
Standbyco 5 BV

Director · since 09 mai 2019 · until 09 mai 2025

Represented by Frank Vlayen

Ended
DECLERCK CONSULTING

Managing director · since 24 octobre 2018 · until 30 mai 2025 · 0889.790.403

Represented by Ives Declerck

Ended
Nicolas D'heygere

Director · since 30 août 2018 · until 30 mai 2025 · 0683.618.782

Represented by Nicolas D'heygere

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares30/12/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates14/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares11/04/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates27/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Capital / shares29/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares21/11/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    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

Timeline

  1. 2025
    Annual accounts 202532 M €
  2. 19/12/2025
    autre
  3. 30/06/2025
    reconductionNicolas D'heygere BV — bestuurder
  4. 30/06/2025
    reconductionCallens Vandelanotte NV — commissaris
  5. 28/03/2025
    augmentation_capital
  6. 2024
    Annual accounts 202413,3 M €
  7. 29/05/2024
    reconductionDeclerck Consulting BV — Bestuurder
  8. 2023
    Annual accounts 202311,3 M €
  9. 30/06/2023
    nominationVincent Nykjaer BV — bestuurder
  10. 12/04/2023
    augmentation_capital
  11. 2022
    Annual accounts 202228,7 M €
  12. 16/12/2022
    augmentation_capital
  13. 14/11/2022
    augmentation_capital
  14. 25/10/2022
    augmentation_capital
  15. 05/07/2022
    augmentation_capital
  16. 30/06/2022
    reconductionVandelanotte Bedrijfsrevisoren CVBA — commissaris
  17. 31/05/2022
    augmentation_capital
  18. 03/05/2022
    autre
  19. 29/04/2022
    augmentation_capital
  20. 2021
    Annual accounts 2021-2,5 M €
  21. 2019
    Annual accounts 2019-1,1 M €
  22. 31/08/2018
    IncorporationPublic limited company