ACTIVE

CPB

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Financial year 2025 · Closed on 31/12/2025

Net result300,5 k €+14,1 %over 1 year

Gross margin1,1 M €+13,9 %over 1 year

Equity1,7 M €+21,1 %over 1 year

Workforce8,1 ETP+6,6 %over 1 year

Identity

Source · BCE/KBO

CPB is a Public limited company incorporated in 2007. Its main activity is: Manufacture of articles of paper and paperboard. Its registered office is in Amel. It employs on average 8,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0893.340.207
Incorporation: 23/10/2007
Legal form: Public limited company
Registered office: Schoppen,Außenborner Weg 1
4770 Amel · WallonieSee on map
Contributed capital: 100 000,00 €
Latest accounts: 31/12/2025
Average workforce: 8,1 ETP

Activities (NACE)

17250Manufacture of articles of paper and paperboard· main 17290Manufacture of other articles of paper and paperboard 23990Manufacture of other non-metallic mineral products n.e.c.23990Manufacture of other non-metallic mineral products n.e.c.26820Manufacture of magnetic and optical media

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,1 M €	+13.9%	984,6 k €	-22.1%	1,3 M €	+30.7%	967,2 k €	+36.8%	707,1 k €
EBITDA	609,8 k €	+20.9%	504,2 k €	-39.6%	835,3 k €	+55.9%	535,7 k €	+74.8%	306,5 k €
Operating result	391,7 k €	+24.5%	314,5 k €	-57.7%	743,7 k €	+91.8%	387,7 k €	+105%	188,7 k €
Net result	300,5 k €	+14.1%	263,3 k €	-51.2%	539,7 k €	+54.7%	348,9 k €	+96.3%	177,7 k €
Balance sheet
Equity	1,7 M €	+21.1%	1,4 M €	+18.7%	1,2 M €	+25.3%	941,4 k €	+58.5%	594,1 k €
Total assets	2,5 M €	+14.2%	2,2 M €	-12.8%	2,5 M €	-23.6%	3,3 M €	+0.3%	3,3 M €
Cash	272,6 k €	+38.8%	196,3 k €	-59.0%	478,4 k €	-63.8%	1,3 M €	+178%	476,3 k €
Debts	788,6 k €	+2.1%	772,7 k €	-41.1%	1,3 M €	-43.8%	2,3 M €	-12.6%	2,7 M €
Other
Workforce	8,1 ETP	+6.6%	7,6 ETP	-5.0%	8,0 ETP	-5.9%	8,5 ETP	0.0%	8,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period
ANTON SPITALER	Managing director13/03/2023 → 27/06/2031Director29/10/2007 → 2017 accountsended
Heiko Seibert	Director13/03/2023 → 27/06/2031

Ended mandates

Director	Mandates in this company	Period
WOLFGANG LACKNER	Managing director29/10/2007 → 2017 accounts

Full financial information

Source · NBB

	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	27/07/2026	28/07/2025	26/07/2024	07/08/2023	29/08/2022	30/07/2021
General meeting	26/06/2026	27/06/2025	25/05/2024	27/05/2023	28/05/2022	29/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	27/07/2026	German	PDF
Abridged model	31/12/2024	27/06/2025	28/07/2025	German	PDF
Abridged model	31/12/2023	25/05/2024	26/07/2024	German	PDF
Abridged model	31/12/2022	27/05/2023	07/08/2023	German	PDF
Abridged model	31/12/2021	28/05/2022	29/08/2022	German	PDF
Abridged model	31/12/2020	29/05/2021	30/07/2021	German	PDF
Abridged model	31/12/2019	30/05/2020	31/07/2020	German	PDF
Abridged model	31/12/2018	25/05/2019	12/08/2019	German	PDF
Abridged model	31/12/2017	26/05/2018	25/07/2018	German	PDF
Abridged model	30/06/2016	26/11/2016	30/11/2016	German	PDF
Abridged model	30/06/2015	28/11/2015	09/12/2015	German	PDF
Abridged model	30/06/2014	29/11/2014	12/12/2014	German	PDF
Abridged model	30/06/2013	30/11/2013	06/12/2013	German	PDF
Abridged model	30/06/2012	24/11/2012	27/11/2012	German	PDF
Abridged model	30/06/2011	26/11/2011	02/12/2011	German	PDF
Abridged model	30/06/2010	27/11/2010	01/12/2010	German	PDF
Abridged model	30/06/2009	28/11/2009	08/12/2009	German	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period
ANTON SPITALER	Managing director13/03/2023 → 27/06/2031Director29/10/2007 → 2017 accountsended
Heiko Seibert	Director13/03/2023 → 27/06/2031

Ended mandates

Director	Mandates in this company	Period
WOLFGANG LACKNER	Managing director29/10/2007 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/10/2025
ENTLASSUNG - ERNENNUNG
PDF
Mandates22/01/2024
ENTLASSUNG - ERNENNUNG - GENERALVERSAMMLUNG - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, )
PDF
Mandates31/03/2023
ENTLASSUNG - ERNENNUNG
PDF
Mandates25/11/2022
ENTLASSUNG - ERNENNUNG
PDF
Mandates19/04/2021
ENTLASSUNG - ERNENNUNG
PDF
Annual accounts28/07/2017
Verlegung des Datums des Geschäftsjahresabschlusses und des Datums
PDF
Mandates20/12/2013
ENTLASSUNG - ERNENNUNG
PDF
Registered office29/03/2011
GESELLSCHAFTSSITZ
PDF

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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

Filings17 filings

Mandates

Heiko Seibert

ANTON SPITALER

WOLFGANG LACKNER

2007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

CPB

Schoppen,Außenborner Weg 1, 4770 Amblève

Director

Managing directorDirector

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Schoppen,Außenborner Weg 1, 4770 AmblèveCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00338012

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CPBCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00338012

Events

2025
Annual accounts 2025300,5 k €↑
2024
Annual accounts 2024263,3 k €↓
2023
Annual accounts 2023539,7 k €↑
2022
Annual accounts 2022348,9 k €↑
2021
Annual accounts 2021177,7 k €↓
2020
Annual accounts 2020643,2 k €↑
2019
Annual accounts 2019168,1 k €↓
2018
Annual accounts 2018301,3 k €↓
2017
Annual accounts 2017333,1 k €↑
2016
Annual accounts 2016260,6 k €↓
2015
Annual accounts 2015564,7 k €↑
2014
Annual accounts 2014184,4 k €↓
2013
Annual accounts 2013279 k €↑
2012
Annual accounts 2012118 k €↓
2011
Annual accounts 2011156,1 k €↓
2010
Annual accounts 2010427,1 k €↑
2009
Annual accounts 20093,1 k €
23/10/2007
IncorporationPublic limited company

CPB

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline

Registered offices

Company names

Events