ACTIVE

PAPET

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Financial year 2025 · closed on 31/12/2025

Net result

856,3 €

+101.4% YoY

Gross margin

1 k €

+101.7% YoY

Equity

-33,2 k €

+2.5% YoY

What does PAPET do?

PAPET is a Private company with limited liability incorporated in 1992. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.043.196

Incorporation

23/07/1992

Legal form

Private company with limited liability

Registered office

De Keyserlei 60C box 1301
2018 Antwerpen · FlandreSee on map

Contributed capital

37 497,33 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Signals

ProfitablePositive cashflowPositive EBITDA

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
Gross margin	1 k €	+102%	-59,1 k €	-16047%	-366 €	+44.5%	-659,6 €	+87.6%	-5,3 k €	+72.0%	-19 k €	-160%	31,5 k €	+6.7%	29,5 k €	+21.3%	24,3 k €	-58.6%	58,7 k €	+21.5%	48,3 k €	-20.1%	60,5 k €	+453%	-17,1 k €	-0.9%	-17 k €	+16.7%	-20,4 k €	-156%	-8 k €	-102%	426,3 k €	+1795%	22,5 k €	-31.1%	32,7 k €	-8.5%	35,7 k €
EBITDA	907,8 €	+102%	-59,6 k €	-6835%	-859,5 €	+22.5%	-1,1 k €	+79.6%	-5,4 k €	+75.8%	-22,4 k €	-1579%	-1,3 k €	-105%	28,4 k €	+23.5%	23 k €	-59.5%	56,9 k €	+23.0%	46,2 k €	-20.7%	58,3 k €	+261%	-36,1 k €	-109%	-17,3 k €	+16.2%	-20,7 k €	-151%	-8,2 k €	-102%	424,1 k €	+2238%	18,1 k €	-35.7%	28,2 k €	-9.5%	31,2 k €
Operating result	907,8 €	+102%	-59,6 k €	-6835%	-859,5 €	+22.5%	-1,1 k €	+79.6%	-5,4 k €	+75.8%	-22,4 k €	-1579%	-1,3 k €	-108%	16,2 k €	+50.1%	10,8 k €	-75.8%	44,6 k €	+73.9%	25,7 k €	-26.5%	34,9 k €	+161%	-57,6 k €	-228%	-17,6 k €	+17.7%	-21,3 k €	-84.8%	-11,5 k €	-103%	420,3 k €	+3838%	10,7 k €	-48.3%	20,7 k €	-15.2%	24,4 k €
Net result	856,3 €	+101%	-59,7 k €	-13142%	-450,6 €	-108%	5,6 k €	+179%	2 k €	+113%	-15,5 k €	-546%	-2,4 k €	-193%	-820,4 €	+66.2%	-2,4 k €	-139%	6,3 k €	+708%	-1 k €	-106%	17,5 k €	+154%	-32,5 k €	-6203%	532,1 €	+117%	-3,1 k €	-211%	2,8 k €	-99.0%	273,9 k €	+467%	-74,6 k €	-4006%	1,9 k €	+383%	-674 €
Balance sheet
Equity	-33,2 k €	+2.5%	-34,1 k €	-233%	25,6 k €	-88.7%	227,4 k €	+2.5%	221,8 k €	+0.9%	219,8 k €	-6.6%	235,3 k €	-1.0%	237,7 k €	-0.3%	238,5 k €	-1.0%	240,9 k €	+2.7%	234,7 k €	-0.4%	235,7 k €	+22.0%	193,2 k €	-17.5%	234,2 k €	+0.2%	233,6 k €	-1.3%	236,7 k €	+1.2%	233,9 k €	+831%	-32 k €	-175%	42,6 k €	+4.7%	40,7 k €
Total assets	2,3 k €	-96.6%	67,4 k €	-2.5%	69,1 k €	-74.1%	266,8 k €	+6.0%	251,6 k €	-4.8%	264,4 k €	-1.7%	269,1 k €	-52.7%	568,6 k €	+6.0%	536,6 k €	-26.4%	729,2 k €	-19.1%	901,7 k €	-3.3%	932,2 k €	+0.5%	927,8 k €	+141%	385,1 k €	-0.9%	388,8 k €	-1.9%	396,4 k €	-3.3%	409,8 k €	+128%	180 k €	-53.1%	383,6 k €	-14.7%	449,8 k €
Cash	365,3 €	+56.9%	232,9 €	-89.4%	2,2 k €	+187%	763,4 €	+115%	355,3 €	-82.9%	2,1 k €	-83.3%	12,4 k €	+423%	2,4 k €	-53.8%	5,1 k €	+439%	954,6 €	-2.4%	978,5 €	+965%	91,9 €		–		606 €		–		1,6 k €	-83.0%	9,5 k €	+155%	3,7 k €		–		–
Debts	35,5 k €	-65.0%	101,4 k €	+133%	43,5 k €	+10.5%	39,4 k €	+31.8%	29,8 k €	-28.3%	41,6 k €	+24.8%	33,4 k €	-89.9%	329,9 k €	+10.9%	297,6 k €	-38.9%	487,4 k €	-8.8%	534,3 k €	-4.5%	559,3 k €	-5.5%	591,6 k €	+11685%	5 k €	-19.1%	6,2 k €	-49.4%	12,3 k €	-59.0%	30 k €	-85.8%	211,6 k €	-37.9%	341 k €	-15.3%	402,6 k €

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 31/12/2025 · 2 active · 1 ended

Active mandates

Froukje De Groot

Mandate

Active

Jacob Pettinga

Director

Active

Ended mandates

Jacob Pettinga

Manager

Ended

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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	01/01/2025	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	03/07/2026	07/07/2025	08/07/2024	03/07/2023	24/06/2022	01/07/2021
General meeting	15/06/2026	15/06/2025	15/06/2024	15/06/2023	15/06/2022	15/06/2021
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
Abridged model	31/12/2025	15/06/2026	03/07/2026	Dutch	PDF
Abridged model	31/12/2024	15/06/2025	07/07/2025	Dutch	PDF
Abridged model	31/12/2023	15/06/2024	08/07/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	24/06/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	19/06/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	08/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	28/06/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	24/06/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	17/06/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	20/06/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	20/06/2011	Dutch	PDF
Abridged model	31/12/2009	02/07/2010	23/07/2010	Dutch	PDF
Abridged model	31/12/2008	08/07/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	04/07/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	13/06/2007	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 31/12/2025 · 2 active · 1 ended

Active mandates

Froukje De Groot

Mandate

Active

Jacob Pettinga

Director

Active

Ended mandates

Jacob Pettinga

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office22/11/2024
MAATSCHAPPELIJKE ZETEL
PDF
Registered office15/04/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/11/2014
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares17/10/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/03/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/06/2009
MAATSCHAPPELIJKE ZETEL
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 2025856,3 €↑
2024
Annual accounts 2024-59,7 k €↓
2023
Annual accounts 2023-450,6 €↓
2022
Annual accounts 20225,6 k €↑
2021
Annual accounts 20212 k €↑
2020
Annual accounts 2020-15,5 k €↓
2019
Annual accounts 2019-2,4 k €↓
2018
Annual accounts 2018-820,4 €↑
2017
Annual accounts 2017-2,4 k €↓
2016
Annual accounts 20166,3 k €↑
2015
Annual accounts 2015-1 k €↓
2014
Annual accounts 201417,5 k €↑
2013
Annual accounts 2013-32,5 k €↓
2012
Annual accounts 2012532,1 €↑
2011
Annual accounts 2011-3,1 k €↓
2010
Annual accounts 20102,8 k €↓
2009
Annual accounts 2009273,9 k €↑
2008
Annual accounts 2008-74,6 k €↓
2007
Annual accounts 20071,9 k €↑
2006
Annual accounts 2006-674 €
23/07/1992
IncorporationPrivate company with limited liability

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

PAPET

Overview

What does PAPET 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