ACTIVE

AVA - PAPIERWAREN (SA)

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Financial year 2025 · closed on 31/12/2025

Net result

-1,9 M €

-155.6% YoY

Revenue

99,4 M €

-4.4% YoY

Equity

37,8 M €

-4.7% YoY

Workforce

391,6 ETP

-6.5% YoY

What does AVA - PAPIERWAREN do?

AVA - PAPIERWAREN is a Public limited company incorporated in 1956. Its registered office is in Temse. It employs on average 391,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.754.274

Incorporation

21/09/1956

Legal form

Public limited company

Registered office

Kapelanielaan 6
9140 Temse · FlandreSee on map

Contributed capital

1 054 000,00 €

Latest accounts

31/12/2025

Average workforce

391,6 ETP

Joint committees (3)

Contacts

1 public detail availableLog in to view

Signals

Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	99,4 M €	-4.4%	104 M €	-5.6%	110,1 M €	-1.0%	111,2 M €	+7.6%	103,3 M €	+22.7%	84,2 M €	-17.1%	101,5 M €	+1.0%	100,5 M €	-0.3%	100,8 M €	-1.3%	102,1 M €	+0.6%	101,5 M €	+6.4%	95,4 M €	+4.1%	91,7 M €	+2.6%	89,3 M €	+4.0%	85,9 M €	+7.8%	79,7 M €	+4.4%	76,3 M €	+7.3%	71,2 M €	+4.3%	68,2 M €	+9.4%	62,4 M €
EBITDA	-802,6 k €	-265%	487,4 k €	-74.4%	1,9 M €	-67.0%	5,8 M €	-39.5%	9,6 M €	+1600%	-637,1 k €	-137%	1,7 M €	-44.6%	3,1 M €	-28.6%	4,4 M €	-41.5%	7,4 M €	+14.7%	6,5 M €	+38.1%	4,7 M €	-35.9%	7,3 M €	-22.3%	9,4 M €	-34.4%	14,4 M €	+52.1%	9,4 M €	-3.3%	9,8 M €	+21.5%	8 M €	-7.8%	8,7 M €	+23.2%	7,1 M €
Operating result	-1,9 M €	-40.8%	-1,4 M €	-382%	487,1 k €	-88.7%	4,3 M €	-44.4%	7,8 M €	+372%	-2,9 M €	-283%	-746,9 k €	-371%	275,7 k €	-77.3%	1,2 M €	-70.7%	4,1 M €	+35.8%	3 M €	+128%	1,3 M €	-73.8%	5,1 M €	-24.5%	6,8 M €	-41.8%	11,6 M €	+48.2%	7,8 M €	-8.6%	8,6 M €	+23.6%	6,9 M €	-10.1%	7,7 M €	+26.1%	6,1 M €
Net result	-1,9 M €	-156%	-730,3 k €	-245%	503,6 k €	-84.1%	3,2 M €	-47.7%	6,1 M €	+295%	-3,1 M €	-432%	-584,5 k €	-341%	242,7 k €	-80.6%	1,2 M €	-61.0%	3,2 M €	+17.6%	2,7 M €	+71.0%	1,6 M €	-59.4%	3,9 M €	-29.8%	5,6 M €	-35.2%	8,6 M €	+48.0%	5,8 M €	-10.5%	6,5 M €	+19.0%	5,5 M €	-4.3%	5,7 M €	+13.6%	5 M €
Balance sheet
Equity	37,8 M €	-4.7%	39,6 M €	-1.8%	40,4 M €	+1.3%	39,9 M €	+5.9%	37,7 M €	+5.8%	35,6 M €	-8.0%	38,7 M €	-1.5%	39,3 M €	+0.6%	39 M €	+3.3%	37,8 M €	-23.8%	49,6 M €	+5.8%	46,8 M €	+3.5%	45,3 M €	+3.7%	43,6 M €	+9.0%	40 M €	+9.0%	36,7 M €	+10.6%	33,2 M €	+14.5%	29 M €	+15.9%	25 M €	+28.6%	19,4 M €
Total assets	48,9 M €	-5.4%	51,7 M €	-3.3%	53,5 M €	-2.8%	55,1 M €	-0.9%	55,6 M €	+18.4%	46,9 M €	-6.1%	50 M €	-3.7%	51,9 M €	+4.3%	49,8 M €	-20.8%	62,8 M €	+6.6%	58,9 M €	+5.4%	55,9 M €	-1.1%	56,5 M €	-4.2%	59 M €	+8.2%	54,5 M €	+9.1%	50 M €	+11.6%	44,8 M €	+10.0%	40,7 M €	+21.4%	33,6 M €	+22.9%	27,3 M €
Cash	7,6 M €	+13.3%	6,7 M €	-37.5%	10,8 M €	-53.2%	23 M €	+22.0%	18,9 M €	+1.5%	18,6 M €	+10.2%	16,9 M €	-2.4%	17,3 M €	+32.4%	13 M €	-26.2%	17,7 M €	+2.6%	17,2 M €	+29.1%	13,3 M €	+37.4%	9,7 M €	+6.5%	9,1 M €	+52.4%	6 M €	+147%	2,4 M €	-36.9%	3,8 M €	+30.8%	2,9 M €	-3.9%	3,1 M €	+80.7%	1,7 M €
Debts	11 M €	-8.0%	11,9 M €	-8.0%	13 M €	-12.4%	14,8 M €	-16.2%	17,7 M €	+59.2%	11,1 M €	+0.5%	11,1 M €	-9.9%	12,3 M €	+18.9%	10,3 M €	-58.2%	24,7 M €	+180%	8,8 M €	+3.4%	8,5 M €	-22.5%	11 M €	-19.5%	13,7 M €	+0.8%	13,5 M €	+13.2%	12 M €	+18.0%	10,1 M €	-3.3%	10,5 M €	+37.2%	7,6 M €	+4.6%	7,3 M €
Other
Workforce	391,6 ETP	-6.5%	418,7 ETP	-2.8%	430,7 ETP	-3.3%	445,2 ETP	+28.9%	345,4 ETP	+0.4%	344,0 ETP	+0.6%	341,9 ETP	+2.1%	334,9 ETP	+2.0%	328,3 ETP	-2.3%	336,2 ETP	+5.1%	319,8 ETP	-1.5%	324,8 ETP	+5.4%	308,3 ETP	+5.4%	292,5 ETP	+6.5%	274,7 ETP	+5.7%	259,8 ETP	+4.8%	247,9 ETP	-3.2%	256,1 ETP	+5.3%	243,1 ETP	+4.5%	232,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 22 ended

Active mandates

Fay Van Weddingen

Director · since 28 avril 2022 · until 28 avril 2028

Active

Frank Van Weddingen

Director · since 28 avril 2022 · until 28 avril 2028

Active

Koen Van Weddingen

Director · since 28 avril 2022 · until 28 avril 2028

Active

Maria De Bie

Managing director · since 28 avril 2022 · until 28 avril 2028

Active

Ended mandates

Fay Van Weddingen

Director · since 28 avril 2022 · until 28 juillet 2028

Ended

Fay Van Weddingen

Director · since 11 décembre 2018 · until 20 avril 2024

Ended

Frank Van Weddingen

Director · since 11 décembre 2018 · until 20 avril 2024

Ended

Koen Van Weddingen

Director · since 11 décembre 2018 · until 20 avril 2024

Ended

At this address

Other companies at this address

Company	CBE no.
Ava International● Active	0423.180.712
BTWE "AVA"● Active	0543.533.956
MIERIC● Active	0432.646.823

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	30/06/2026	01/07/2025	17/06/2024	30/06/2023	13/06/2022	10/06/2021
General meeting	15/06/2026	17/06/2025	10/06/2024	30/06/2023	13/06/2022	31/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	17/06/2025	01/07/2025	Dutch	PDF
Full model	31/12/2023	10/06/2024	17/06/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	13/06/2022	13/06/2022	Dutch	PDF
Full model	31/12/2020	31/05/2021	10/06/2021	Dutch	PDF
Full model	31/12/2019	27/06/2020	24/07/2020	Dutch	PDF
Full model	31/12/2018	11/06/2019	26/06/2019	Dutch	PDF
Full model	31/12/2017	11/06/2018	26/06/2018	Dutch	PDF
Full model	31/12/2016	20/05/2017	27/06/2017	Dutch	PDF
Full model	31/12/2015	20/05/2016	16/06/2016	Dutch	PDF
Full model	31/12/2014	15/05/2015	10/06/2015	Dutch	PDF
Full model	31/12/2013	16/05/2014	30/05/2014	Dutch	PDF
Full model	31/12/2012	18/05/2013	17/06/2013	Dutch	PDF
Full model	31/12/2011	15/06/2012	19/06/2012	Dutch	PDF
Full model	31/12/2010	30/05/2011	01/07/2011	Dutch	PDF
Full model	31/12/2009	08/05/2010	12/07/2010	Dutch	PDF
Full model	31/12/2008	18/04/2009	13/07/2009	Dutch	PDF
Full model	31/12/2007	10/05/2008	15/07/2008	Dutch	PDF
Full model	31/12/2006	21/04/2007	20/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 4 active · 22 ended

Active mandates

Fay Van Weddingen

Director · since 28 avril 2022 · until 28 avril 2028

Active

Frank Van Weddingen

Director · since 28 avril 2022 · until 28 avril 2028

Active

Koen Van Weddingen

Director · since 28 avril 2022 · until 28 avril 2028

Active

Maria De Bie

Managing director · since 28 avril 2022 · until 28 avril 2028

Active

Ended mandates

Fay Van Weddingen

Director · since 28 avril 2022 · until 28 juillet 2028

Ended

Fay Van Weddingen

Director · since 11 décembre 2018 · until 20 avril 2024

Ended

Frank Van Weddingen

Director · since 11 décembre 2018 · until 20 avril 2024

Ended

Koen Van Weddingen

Director · since 11 décembre 2018 · until 20 avril 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring13/05/2022
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring10/03/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates09/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/06/2016
ONTSLAGEN - BENOEMINGEN
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 2025-1,9 M €↓
17/06/2025
nominationCallens, Vandelanotte & Theunissen BV — commissaris
17/06/2025
nominationPhilip Callens — vaste vertegenwoordiger
2024
Annual accounts 2024-730,3 k €↓
2023
Annual accounts 2023503,6 k €↓
2022
Annual accounts 20223,2 M €↓
13/06/2022
reconductionCallens, Pirenne, Theunissen & Co Bedrijfsrevisoren B.V.C.V. — commissaris
30/04/2022
augmentation_capital
2021
Annual accounts 20216,1 M €↑
2020
Annual accounts 2020-3,1 M €↓
2019
Annual accounts 2019-584,5 k €↓
2018
Annual accounts 2018242,7 k €↓
2017
Annual accounts 20171,2 M €↓
2016
Annual accounts 20163,2 M €↑
2015
Annual accounts 20152,7 M €↑
2014
Annual accounts 20141,6 M €↓
2013
Annual accounts 20133,9 M €↓
2012
Annual accounts 20125,6 M €↓
2011
Annual accounts 20118,6 M €↑
2010
Annual accounts 20105,8 M €↓
2009
Annual accounts 20096,5 M €↑
2008
Annual accounts 20085,5 M €↓
2007
Annual accounts 20075,7 M €↑
2006
Annual accounts 20065 M €
21/09/1956
IncorporationPublic 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

AVA - PAPIERWAREN (SA)

Overview

What does AVA - PAPIERWAREN do?

Trend over 20 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