ACTIVE

PAPERASSI

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Financial year 2025 · closed on 31/12/2025

Net result

308,3 k €

+99.2% YoY

Gross margin

549,3 k €

+107.8% YoY

Equity

363,3 k €

+560.8% YoY

Workforce

0,0 ETP

What does PAPERASSI do?

PAPERASSI is a Private limited company incorporated in 1998. Its main activity is: Office administrative and support activities. Its registered office is in Izegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0463.441.056

Incorporation

27/05/1998

Legal form

Private limited company

Registered office

Rhodesstraat 2
8870 Izegem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

82100Office administrative and support activities· main 82110Combined office administrative service activities 82190Photocopying, document preparation and other specialised office support activities 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	549,3 k €	+108%	264,3 k €	-16.8%	317,8 k €	+11.8%	284,2 k €	+31.4%	216,3 k €	+131%	93,5 k €	-8.9%	102,6 k €	+90.8%	53,8 k €	-1.8%	54,7 k €	-89.0%	499,5 k €	+58.8%	314,7 k €	+867%	32,6 k €	-52.0%	67,9 k €	-25.9%	91,7 k €	-65.5%	265,7 k €	+59.6%	166,4 k €	+119%	75,9 k €	+92.5%	39,4 k €
EBITDA	544,1 k €	+109%	259,7 k €	-17.0%	313,1 k €	+11.7%	280,2 k €	+37.5%	203,8 k €	+129%	89,1 k €	-9.6%	98,5 k €	+105%	48 k €	-5.0%	50,5 k €	-73.5%	190,6 k €	+1410%	-14,5 k €	-169%	21,1 k €	-66.2%	62,4 k €	+389%	-21,6 k €	-140%	54,3 k €	+525%	-12,8 k €	-117%	74,1 k €	+95.6%	37,9 k €
Operating result	460,9 k €	+117%	212,4 k €	+9.4%	194,1 k €	+1.0%	192,3 k €	+56.6%	122,7 k €	+761%	14,3 k €	-40.6%	24 k €	+193%	-25,8 k €	-259%	-7,2 k €	-106%	123,6 k €	+244%	-85,9 k €	-80.6%	-47,6 k €	-87.9%	-25,3 k €	+75.1%	-101,7 k €	-272%	-27,3 k €	+69.8%	-90,5 k €	-431%	27,4 k €	+561%	-5,9 k €
Net result	308,3 k €	+99.2%	154,7 k €	+11.8%	138,4 k €	-13.8%	160,4 k €	+42.8%	112,3 k €	+727%	-17,9 k €	-130%	-7,8 k €	+86.1%	-55,9 k €	-79.9%	-31,1 k €	-135%	88,5 k €	+174%	-120,3 k €	-95.4%	-61,6 k €	-95.4%	-31,5 k €	+77.6%	-140,8 k €	-125%	-62,6 k €	+46.1%	-116,2 k €	-868%	15,1 k €	+5601%	-275,1 €
Balance sheet
Equity	363,3 k €	+561%	55 k €	+155%	-99,8 k €	+58.1%	-238,1 k €	+40.3%	-398,6 k €	-23.2%	-323,5 k €	-5.9%	-305,6 k €	-2.6%	-297,8 k €	-17.1%	-254,3 k €	-13.9%	-223,2 k €	+28.4%	-311,7 k €	-62.9%	-191,4 k €	-47.4%	-129,8 k €	-32.1%	-98,3 k €	-332%	42,4 k €	-59.6%	105,1 k €	-52.5%	221,3 k €	+7.3%	206,1 k €
Total assets	796,4 k €	+1.2%	786,7 k €	+17.6%	669,2 k €	-11.3%	754,6 k €	-9.9%	837,2 k €	+15.9%	722,2 k €	-3.8%	750,6 k €	-5.2%	792 k €	+4.6%	757,5 k €	-26.5%	1 M €	+16.4%	885,4 k €	+12.4%	788,1 k €	-11.6%	891,5 k €	-7.6%	964,6 k €	-8.9%	1,1 M €	-12.2%	1,2 M €	+21.4%	993,3 k €	+16.8%	850,6 k €
Cash	51,2 k €	+241%	15 k €	-29.3%	21,2 k €	+31.1%	16,2 k €	-77.9%	73 k €	+81.2%	40,3 k €	+969%	3,8 k €	+9.4%	3,4 k €	-68.6%	11 k €	-94.0%	183,2 k €	+438%	34 k €	+804%	3,8 k €	-82.4%	21,4 k €	+458%	3,8 k €	-53.6%	8,3 k €	-67.6%	25,5 k €	-58.6%	61,6 k €	-14.6%	72,1 k €
Debts	433,1 k €	-40.8%	731,8 k €	+2.6%	713,4 k €	-28.1%	992,7 k €	-19.7%	1,2 M €	+18.2%	1 M €	-1.0%	1,1 M €	-3.1%	1,1 M €	+7.7%	1 M €	-18.8%	1,2 M €	+6.9%	1,2 M €	+19.0%	979,5 k €	-3.8%	1 M €	-3.9%	1,1 M €	+4.6%	1 M €	-7.6%	1,1 M €	+42.8%	767,8 k €	+20.0%	640 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		0,4 ETP	+300%	0,1 ETP		–		–		–		9,8 ETP	+27.3%	7,7 ETP		–		–		2,3 ETP	-54.9%	5,1 ETP	-10.5%	5,7 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

Hilde Donck

Director

Active

Wim Degezelle

Director

Active

Ended mandates

Hilde Donck

Manager · since 01 novembre 2014

Ended

Wim Degezelle

Manager · since 25 février 2013

Ended

Wim Degezelle

Manager · since 15 février 2013

Ended

Gerdy Vandamme

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
APOTHEEK KACHTEM● Active	0632.575.404
AXAR INVEST● Active	0660.789.239
Juraxa● Active	0736.512.387
KOMANDA● Active	0505.709.894
RHODESGOED● Active	0562.930.986

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	29/06/2026	09/07/2025	30/07/2024	02/06/2023	21/06/2022	02/06/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	27/05/2023	28/05/2022	29/05/2021
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
Abridged model	31/12/2025	27/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	28/06/2025	09/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	27/05/2023	02/06/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	21/06/2022	Dutch	PDF
Abridged model	31/12/2020	29/05/2021	02/06/2021	Dutch	PDF
Abridged model	31/12/2019	30/05/2020	25/06/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	09/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	14/06/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	23/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	23/07/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	19/06/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	28/09/2011	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	15/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	17/06/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	12/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 11 ended

Active mandates

Hilde Donck

Director

Active

Wim Degezelle

Director

Active

Ended mandates

Hilde Donck

Manager · since 01 novembre 2014

Ended

Wim Degezelle

Manager · since 25 février 2013

Ended

Wim Degezelle

Manager · since 15 février 2013

Ended

Gerdy Vandamme

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Other10/07/2015
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/01/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/03/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/07/2009
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/04/2008
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/07/2005
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - DOEL - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office25/04/2003
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 2025308,3 k €↑
2024
Annual accounts 2024154,7 k €↑
2023
Annual accounts 2023138,4 k €↓
2022
Annual accounts 2022160,4 k €↑
2021
Annual accounts 2021112,3 k €↑
2018
Annual accounts 2018-17,9 k €↓
2017
Annual accounts 2017-7,8 k €↑
2016
Annual accounts 2016-55,9 k €↓
2015
Annual accounts 2015-31,1 k €↓
2014
Annual accounts 201488,5 k €↑
2014
Name changePAPERASSI
2013
Annual accounts 2013-120,3 k €↓
2012
Annual accounts 2012-61,6 k €↓
2011
Annual accounts 2011-31,5 k €↑
2010
Annual accounts 2010-140,8 k €↓
2009
Annual accounts 2009-62,6 k €↑
2008
Annual accounts 2008-116,2 k €↓
2007
Annual accounts 200715,1 k €↑
2006
Annual accounts 2006-275,1 €
2006
Name changeFERRO - TECH
27/05/1998
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

PAPERASSI

Overview

What does PAPERASSI do?

Trend over 18 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