ACTIVE

ARMANDO PAPA'S 1648

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Financial year 2024 · closed on 31/12/2024

Net result

55,5 k €

-20.4% YoY

Gross margin

227,4 k €

-14.8% YoY

Equity

296,1 k €

+22.7% YoY

Workforce

3,1 ETP

0.0% YoY

What does ARMANDO PAPA'S 1648 do?

ARMANDO PAPA'S 1648 is a Private limited company incorporated in 1987. Its main activity is: Wholesale of fruit and vegetables. Its registered office is in Sint-Gillis-Waas. It employs on average 3,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0431.485.989

Incorporation

30/06/1987

Legal form

Private limited company

Registered office

Blokstraat(SGW) 98
9170 Sint-Gillis-Waas · FlandreSee on map

Contributed capital

1 000,00 €

Latest accounts

31/12/2024

Average workforce

3,1 ETP

Activities (NACE)

46311Wholesale of fruit and vegetables· main 46311Wholesale of fruit and vegetables 46319Wholesale of fruit and vegetables 46319Wholesale of fruit and vegetables 51310Air transport

Joint committees (3)

10203
119
201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	227,4 k €	-14.8%	266,8 k €	+71.8%	155,3 k €	-4.4%	162,5 k €	+5.2%	154,5 k €	-24.4%	204,3 k €	+34.2%	152,3 k €	+20.1%	126,8 k €	-44.3%	227,5 k €	+200%	75,9 k €	+76.4%	43 k €	+45.8%	29,5 k €	-72.1%	105,9 k €	-40.6%	178,1 k €	+143%	73,2 k €	-43.1%	128,7 k €	+84.7%	69,6 k €	+59.6%	43,6 k €	-6.6%	46,7 k €
EBITDA	120,1 k €	-12.2%	136,8 k €	+123%	61,3 k €	-13.3%	70,7 k €	-2.8%	72,7 k €	-49.1%	142,9 k €	+54.7%	92,4 k €	+32.3%	69,8 k €	-42.8%	122,1 k €	+141%	50,6 k €	+29.3%	39,2 k €	+55.3%	25,2 k €	-65.0%	72 k €	-38.8%	117,6 k €	+331%	27,3 k €	-65.4%	78,8 k €	+38.5%	56,9 k €	+37.1%	41,5 k €	-8.4%	45,3 k €
Operating result	87,2 k €	-13.8%	101,1 k €	+229%	30,7 k €	-32.5%	45,5 k €	+10.4%	41,2 k €	-65.3%	118,7 k €	+63.7%	72,5 k €	+126%	32,1 k €	-65.4%	92,7 k €	+356%	20,3 k €	+19.1%	17 k €	+4987%	-348,8 €	-101%	43 k €	-42.9%	75,4 k €	+817%	-10,5 k €	-123%	46,3 k €	+33.6%	34,6 k €	+33.9%	25,9 k €	-22.4%	33,3 k €
Net result	55,5 k €	-20.4%	69,8 k €	+203%	23 k €	-27.4%	31,7 k €	-8.9%	34,8 k €	-57.6%	82 k €	+75.8%	46,6 k €	+144%	19,1 k €	+294%	-9,9 k €	-215%	8,6 k €	+36.0%	6,3 k €	+181%	-7,8 k €	-127%	28,8 k €	+227%	-22,6 k €	-147%	48 k €	+308%	11,8 k €	-33.8%	17,8 k €	+396%	3,6 k €	+276%	952,7 €
Balance sheet
Equity	296,1 k €	+22.7%	241,4 k €	-18.4%	295,9 k €	-7.7%	320,6 k €	+11.0%	288,9 k €	+13.7%	254,1 k €	+47.6%	172,1 k €	+25.2%	137,5 k €	+15.5%	119 k €	-7.7%	128,9 k €	+7.1%	120,3 k €	+5.5%	113,9 k €	-6.4%	121,8 k €	+30.9%	93 k €	-19.5%	115,6 k €	+56.1%	74,1 k €	+18.9%	62,3 k €	+40.0%	44,5 k €	+8.8%	40,9 k €
Total assets	755 k €	+5.0%	718,8 k €	-8.1%	782,3 k €	+20.8%	647,7 k €	+1.7%	637 k €	+16.7%	545,7 k €	+18.0%	462,3 k €	+2.4%	451,5 k €	-13.8%	523,7 k €	+4.2%	502,7 k €	+17.6%	427,4 k €	-11.5%	482,7 k €	-0.8%	486,5 k €	+15.0%	423 k €	-5.8%	449,1 k €	+13.9%	394,2 k €	+12.9%	349,3 k €	-6.0%	371,5 k €	-13.8%	430,9 k €
Cash	195,6 k €	+57.6%	124,1 k €	+35.9%	91,3 k €	+51.7%	60,2 k €	+285%	15,6 k €	-83.9%	97 k €	+27.8%	75,9 k €	-57.2%	177,6 k €	+81.0%	98,1 k €	-6.1%	104,4 k €	+55.9%	67 k €	+18.9%	56,4 k €	-24.1%	74,3 k €	+144%	30,4 k €	-77.2%	133,3 k €	+126%	58,8 k €		–		59,1 k €	+204%	19,4 k €
Debts	458,9 k €	-3.9%	477,3 k €	-1.9%	486,4 k €	+48.7%	327,1 k €	-6.0%	348,1 k €	+19.8%	290,5 k €	+0.5%	289,2 k €	-7.6%	312,9 k €	-20.0%	391,2 k €	+12.0%	349,4 k €	+13.8%	307,1 k €	-16.7%	368,8 k €	+1.2%	364,5 k €	+10.6%	329,5 k €	-1.2%	333,5 k €	+4.2%	320 k €	+12.5%	284,5 k €	-10.5%	317,9 k €	-15.7%	376,9 k €
Other
Workforce	3,1 ETP	0.0%	3,1 ETP	+24.0%	2,5 ETP	-3.8%	2,6 ETP	+18.2%	2,2 ETP	+22.2%	1,8 ETP	+5.9%	1,7 ETP	0.0%	1,7 ETP	0.0%	1,7 ETP	+70.0%	1,0 ETP		–		–		1,5 ETP	+7.1%	1,4 ETP	+7.7%	1,3 ETP	-7.1%	1,4 ETP	+250%	0,4 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 4 ended

Active mandates

Nadine Bressinck

Director · since 09 décembre 2010

Active

Bart Van Der Heyden

Director

Active

Ended mandates

Nadine Bressinck

Mandate · since 09 décembre 2010

Ended

Bart Van Der Heyden

Manager

Ended

Herman Van Der Heyden

Manager · until 30 juin 2010

Ended

Herman Van Der Heyden

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
BELGIL● Active	0450.854.812
SUPPORTERSCLUB BLAUW-WIT● Active	0472.865.397

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/07/2025	12/07/2024	22/07/2023	22/07/2022	24/07/2021	24/07/2020
General meeting	30/06/2025	28/06/2024	23/06/2023	24/06/2022	25/06/2021	26/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	30/06/2025	29/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	12/07/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	22/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	22/07/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	24/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	28/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	26/07/2018	Dutch	PDF
Abridged model	31/12/2016	23/06/2017	28/06/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	23/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	27/07/2012	17/08/2012	Dutch	PDF
Abridged model	31/12/2010	05/08/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/07/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	24/07/2009	Dutch	PDF
Abridged model	31/12/2007	25/07/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	27/07/2007	03/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2024 · 2 active · 4 ended

Active mandates

Nadine Bressinck

Director · since 09 décembre 2010

Active

Bart Van Der Heyden

Director

Active

Ended mandates

Nadine Bressinck

Mandate · since 09 décembre 2010

Ended

Bart Van Der Heyden

Manager

Ended

Herman Van Der Heyden

Manager · until 30 juin 2010

Ended

Herman Van Der Heyden

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/01/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2010
BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates30/03/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/12/2006
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
PDF
Capital / shares12/08/2005
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2024
Annual accounts 202455,5 k €↓
2023
Annual accounts 202369,8 k €↑
2022
Annual accounts 202223 k €↓
2021
Annual accounts 202131,7 k €↓
2020
Annual accounts 202034,8 k €↓
2019
Annual accounts 201982 k €↑
2018
Annual accounts 201846,6 k €↑
2017
Annual accounts 201719,1 k €↑
2016
Annual accounts 2016-9,9 k €↓
2015
Annual accounts 20158,6 k €↑
2014
Annual accounts 20146,3 k €↑
2013
Annual accounts 2013-7,8 k €↓
2012
Annual accounts 201228,8 k €↑
2011
Annual accounts 2011-22,6 k €↓
2010
Annual accounts 201048 k €↑
2009
Annual accounts 200911,8 k €↓
2008
Annual accounts 200817,8 k €↑
2007
Annual accounts 20073,6 k €↑
2006
Annual accounts 2006952,7 €
30/06/1987
IncorporationPrivate 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

ARMANDO PAPA'S 1648

Overview

What does ARMANDO PAPA'S 1648 do?

Trend over 19 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