ACTIVE

PAPER PARTNER

Export PDF

Financial year 2025 · closed on 30/11/2025

Net result

-219,5 k €

+6.6% YoY

Gross margin

73,3 k €

+47.6% YoY

Equity

1,1 M €

-16.2% YoY

Workforce

0,0 ETP

What does PAPER PARTNER do?

PAPER PARTNER is a Private limited company incorporated in 1989. Its registered office is in Kraainem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.446.325

Incorporation

19/12/1989

Legal form

Private limited company

Registered office

Avenue de Kraainem 33
1950 Kraainem · FlandreSee on map

Contributed capital

5 508 141,50 €

Latest accounts

30/11/2025

Average workforce

0,0 ETP

Signals

Solid equityPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2021		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	73,3 k €	+47.6%	49,7 k €	+558%	7,5 k €	-79.4%	36,6 k €	-78.9%	173,1 k €	+130%	75,1 k €	-58.1%	179,1 k €	-24.3%	236,5 k €	+0.9%	234,4 k €	+8.8%	215,4 k €	-18.6%	264,5 k €	+12.4%	235,4 k €	-5.4%	248,9 k €	-10.1%	276,8 k €	-18.9%	341,5 k €	+15.9%	294,7 k €	+15.8%	254,4 k €
EBITDA	57,8 k €	+66.4%	34,7 k €	+477%	-9,2 k €	-138%	24,5 k €	-84.6%	159 k €	+160%	61,3 k €	-62.6%	163,9 k €	-44.3%	294,1 k €	+2.4%	287,1 k €	+7.8%	266,4 k €	-15.1%	313,8 k €	+9.9%	285,5 k €	-3.6%	296,2 k €	-7.5%	320,1 k €	-16.1%	381,7 k €	+13.4%	336,4 k €	+13.8%	295,8 k €
Operating result	-132 k €	+11.1%	-148,5 k €	+23.1%	-193,1 k €	-127%	-85,1 k €	+35.9%	-132,8 k €	-151%	-52,8 k €	-183%	64 k €	-74.7%	252,4 k €	+14.7%	220 k €	+10.6%	198,9 k €	-20.2%	249,3 k €	+13.0%	220,5 k €	-6.0%	234,6 k €	-9.0%	257,7 k €	-18.4%	315,8 k €	+15.4%	273,7 k €	+24.1%	220,6 k €
Net result	-219,5 k €	+6.6%	-235,1 k €	+14.9%	-276,1 k €	-62.8%	-169,6 k €	+18.1%	-207,2 k €	-214%	-66 k €	-72.8%	-38,2 k €	-145%	85,3 k €	+1003%	-9,4 k €	-104%	229 k €	+2441%	-9,8 k €	+53.3%	-20,9 k €	-88.8%	-11,1 k €	-200%	-3,7 k €	-104%	88,5 k €	+160%	34,1 k €	+162%	-54,9 k €
Balance sheet
Equity	1,1 M €	-16.2%	1,4 M €	-14.8%	1,6 M €	+1403%	105,7 k €	-57.5%	248,6 k €	-2.8%	255,8 k €	-20.5%	321,8 k €	-92.9%	4,5 M €	+1.9%	4,4 M €	-0.2%	4,5 M €	+5.4%	4,2 M €	-0.2%	4,2 M €	-0.5%	4,3 M €	-0.3%	4,3 M €	-0.1%	4,3 M €	+1.0%	4,2 M €	+0.8%	4,2 M €
Total assets	3,2 M €	-7.3%	3,4 M €	-7.1%	3,7 M €	+63.7%	2,2 M €	-11.7%	2,5 M €	-1.5%	2,6 M €	-2.7%	2,6 M €	-69.1%	8,5 M €	+0.6%	8,5 M €	+0.2%	8,5 M €	-0.4%	8,5 M €	-0.6%	8,6 M €	-0.4%	8,6 M €	+5.3%	8,2 M €	-0.8%	8,2 M €	-0.8%	8,3 M €	-1.4%	8,4 M €
Cash	274,1 k €	+3.3%	265,4 k €	-43.8%	472,7 k €	+575%	70 k €	-57.3%	164 k €	-47.8%	314,4 k €	+15.4%	272,4 k €	+656%	36 k €	+98.0%	18,2 k €	+25.6%	14,5 k €	+0.1%	14,5 k €	+82.6%	7,9 k €	-52.5%	16,7 k €	+147%	6,8 k €	+63.8%	4,1 k €	-90.5%	43,5 k €	+2.7%	42,4 k €
Debts	1,2 M €	-1.9%	1,2 M €	-1.6%	1,3 M €	-4.0%	1,3 M €	-10.5%	1,5 M €	-2.2%	1,5 M €	-0.4%	1,5 M €	+49.2%	1 M €	+4.3%	970,5 k €	+8.9%	890,9 k €	-17.2%	1,1 M €	+0.1%	1,1 M €	+3.9%	1 M €	+93.6%	533,8 k €	-1.7%	542,8 k €	-10.2%	604,6 k €	-14.1%	703,6 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/11/2025 · 2 active · 6 ended

Active mandates

Danielle Dussard

Director · since 23 avril 2004

Active

Patrick Wybauw

Director · since 23 avril 2004

Active

Ended mandates

Patrick Wybauw

Manager · since 05 mai 2004

Ended

Danielle Dusard

Director

Ended

Danielle Dussard

Manager

Ended

Danielle DUSSARD

Director

Ended

At this address

Other companies at this address

Company	CBE no.
ACTIVE CARS● Active	0787.796.584
ALWAYS MC● Active	0700.563.001
DESTREE ORGANISATION● Active	0444.917.818
EUROPEAN DIRECTORY ASSISTANCE● Active	0860.554.702
HAPPY MONDAY● Active	0846.209.885
KRAAINEM33● Active	0643.988.047
MTS Installations● Active	0775.278.240
R&S CONCEPT● Bankrupt	0847.843.049
SereniMax● Active	0689.785.608
SHARONOMY● Active	0542.733.212
SOCIETE DE DEVELOPPEMENT ET DE COMMERCIALISATION● Active	0421.654.050

Annual accounts

Full financial information

	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	01/12/2024	01/12/2023	01/12/2022	01/12/2021	01/12/2020	01/12/2019
Closing of the financial year	30/11/2025	30/11/2024	30/11/2023	30/11/2022	30/11/2021	30/11/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/06/2026	24/06/2025	13/06/2024	23/06/2023	08/06/2022	14/06/2021
General meeting	29/05/2026	30/05/2025	14/05/2024	31/05/2023	10/05/2022	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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/11/2025	29/05/2026	01/06/2026	Dutch	PDF
Abridged model	30/11/2024	30/05/2025	24/06/2025	Dutch	PDF
Abridged model	30/11/2023	14/05/2024	13/06/2024	Dutch	PDF
Abridged model	30/11/2022	31/05/2023	23/06/2023	Dutch	PDF
Abridged model	30/11/2021	10/05/2022	08/06/2022	Dutch	PDF
Abridged model	30/11/2020	31/05/2021	14/06/2021	Dutch	PDF
Abridged model	30/11/2019	12/05/2020	10/06/2020	Dutch	PDF
Abridged model	30/11/2018	14/05/2019	01/07/2019	Dutch	PDF
Abridged model	30/11/2017	08/05/2018	05/06/2018	Dutch	PDF
Abridged model	30/11/2016	09/05/2017	09/06/2017	Dutch	PDF
Abridged model	30/11/2015	10/05/2016	31/05/2016	Dutch	PDF
Abridged model	30/11/2014	12/05/2015	12/06/2015	Dutch	PDF
Abridged model	30/11/2013	13/05/2014	30/06/2014	Dutch	PDF
Abridged model	30/11/2012	14/05/2013	29/06/2013	Dutch	PDF
Abridged model	30/11/2011	08/05/2012	26/06/2012	Dutch	PDF
Abridged model	30/11/2010	10/05/2011	27/06/2011	Dutch	PDF
Abridged model	30/11/2009	11/05/2010	30/06/2010	Dutch	PDF
Abridged model	30/11/2008	12/05/2009	29/06/2009	Dutch	PDF
Abridged model	30/11/2007	13/05/2008	17/06/2008	Dutch	PDF
Abridged model	30/11/2006	08/05/2007	30/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/11/2025 · 2 active · 6 ended

Active mandates

Danielle Dussard

Director · since 23 avril 2004

Active

Patrick Wybauw

Director · since 23 avril 2004

Active

Ended mandates

Patrick Wybauw

Manager · since 05 mai 2004

Ended

Danielle Dusard

Director

Ended

Danielle Dussard

Manager

Ended

Danielle DUSSARD

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring11/05/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/01/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Capital / shares08/11/2016
KAPITAAL - AANDELEN
PDF
Mandates01/02/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/05/2004
WIJZIGING RECHTSVORM - 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

2025
Annual accounts 2025-219,5 k €↑
2024
Annual accounts 2024-235,1 k €↑
2023
Annual accounts 2023-276,1 k €↓
2021
Annual accounts 2021-169,6 k €↑
2019
Annual accounts 2019-207,2 k €↓
2018
Annual accounts 2018-66 k €↓
2017
Annual accounts 2017-38,2 k €↓
2015
Annual accounts 201585,3 k €↑
2014
Annual accounts 2014-9,4 k €↓
2013
Annual accounts 2013229 k €↑
2012
Annual accounts 2012-9,8 k €↑
2011
Annual accounts 2011-20,9 k €↓
2010
Annual accounts 2010-11,1 k €↓
2009
Annual accounts 2009-3,7 k €↓
2008
Annual accounts 200888,5 k €↑
2007
Annual accounts 200734,1 k €↑
2006
Annual accounts 2006-54,9 k €
19/12/1989
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

PAPER PARTNER

Overview

What does PAPER PARTNER do?

Trend over 17 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