Manufacture of corrugated paper, paperboard and containers of paper and paperboard
109 Belgian companies whose main activity falls under NACE code 1721 have filed annual accounts. Their median solvency is 46.2% for financial year 2023.
Sector medians
Computed by IdonisDistribution across the sector's companies for financial year 2023: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.
| Indicator | 1st quartile | Median | 3rd quartile | Companies |
|---|---|---|---|---|
| Solvency | 23.3% | 46.2% | 64.5% | 105 |
| Current ratio | 1.04 | 1.52 | 2.48 | 103 |
| ROE | 1.4% | 11.2% | 25.0% | 97 |
| Equity | 132,923 € | €1.12m | €2.96m | 105 |
| Total assets | 425,230 € | €2.32m | €7.70m | 105 |
| Net result | 737 € | 67,458 € | 400,010 € | 105 |
| Headcount (avg FTE) | 5.2 | 17.1 | 36.6 | 84 |
Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method
Largest companies: Manufacture of corrugated paper, paperboard and containers of paper and paperboard
Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | VPK Group 9200 Dendermonde | €956.3m | — | €719.4m | 76.0 | 2025 |
| 2 | Smurfit Westrock Cartomills 7011 Mons | €141.8m | €98.3m | €96.6m | 306.3 | 2025 |
| 3 | DS Smith Packaging Belgium 9000 Ghent | €82.8m | €76.5m | €40.5m | 369.8 | 2025 |
| 4 | Europal 7700 Mouscron | €77.8m | €62.2m | €13.0m | 137.7 | 2025 |
| 5 | Sonoco Consumer Products Mechelen 2800 Mechelen | €53.8m | €84.4m | €33.0m | 173.3 | 2025 |
| 6 | Solidus Solutions Belgium 2320 Hoogstraten | €53.7m | €60.8m | €10.9m | 119.8 | 2025 |
| 7 | Van Genechten Biermans 2300 Turnhout | €47.9m | €83.0m | €33.2m | 328.4 | 2025 |
| 8 | Allbox 8530 Harelbeke | €45.3m | €35.7m | €32.1m | 36.2 | 2023 |
| 9 | Smurfit Westrock Gent 9030 Ghent | €34.7m | €26.0m | €11.3m | 180.2 | 2025 |
| 10 | Walki Belcoat 2570 Duffel | €31.3m | €44.3m | €3.83m | 100.1 | 2025 |
| 11 | Autajon Packaging Belgium 1070 Anderlecht | €27.6m | €29.5m | €24.4m | 171.1 | 2025 |
| 12 | Kartonnage Lefevere - Beel 8710 Wielsbeke | €24.3m | €29.1m | €15.1m | 81.6 | 2025 |
| 13 | Smart Packaging Solutions 2321 Hoogstraten | €24.0m | €59.7m | €7.19m | 123.6 | 2025 |
| 14 | Barias 8800 Roeselare | €18.6m | — | €12.4m | 38.1 | 2025 |
| 15 | Metalon 9130 Beveren-Kruibeke-Zwijndrecht | €17.3m | — | €7.41m | 22.4 | 2025 |
| 16 | Smurfit Westrock Van Mierlo 2300 Turnhout | €16.2m | €33.5m | €8.08m | 140.6 | 2025 |
| 17 | Van Grasdorff 2890 Puurs-Sint-Amands | €16.2m | €20.5m | €10.8m | 58.7 | 2025 |
| 18 | Corpack 9120 Beveren-Kruibeke-Zwijndrecht | €15.5m | €22.0m | €3.11m | 44.3 | 2025 |
| 19 | Van de Velde Packaging 8810 Lichtervelde | €12.8m | €13.6m | €8.02m | 52.3 | 2025 |
| 20 | Erpak SAN 2880 Bornem | €12.2m | €9.47m | €2.39m | 12.7 | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
See all 109 companies, full list →
Where are they based?
Municipalities with the most
Related sectors
← The whole Manufacture of paper and paper products sector (NACE 17)
Frequently asked questions
How many Manufacture of corrugated paper, paperboard and containers of paper and paperboard companies are there in Belgium?
109 Belgian companies whose main activity falls under NACE code 1721 (Manufacture of corrugated paper, paperboard and containers of paper and paperboard) have filed annual accounts with the National Bank.
What is the median solvency in Manufacture of corrugated paper, paperboard and containers of paper and paperboard?
For financial year 2023, median solvency (equity over total assets) is 46.2%. The middle half of companies lies between 23.3% and 64.5% (105 companies).
What is the largest company in Manufacture of corrugated paper, paperboard and containers of paper and paperboard?
By total assets, it is VPK Group (€956.3m, financial year 2025).
Where are Manufacture of corrugated paper, paperboard and containers of paper and paperboard companies based?
The municipalities with the most: Ixelles (3), Anderlecht (3), Antwerp (3).
Analyse companies in Manufacture of corrugated paper, paperboard and containers of paper and paperboard
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Open the full file →Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 13 Nov 2026.