NORMAL SITUATION

PAPYO

Company — Normal situation.

Financial year 2025 · Closed on 30/08/2025

Net result53 k €+5 492,9 %over 1 year
Revenue100,5 k €-33,4 %over 1 year
Equity847,9 k €+6,7 %over 1 year
Workforce0,0 ETP-100,0 %over 1 year

Identity

Source · BCE/KBO

PAPYO is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0472.370.796
Legal form
Public limited company
Contributed capital
61 500,00 €
Latest accounts
30/08/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 27 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue100,5 k €150,8 k €347,8 k €366,9 k €360,1 k €
EBITDA135,8 k €152,4 k €313,5 k €268,7 k €159,9 k €
Operating result68,7 k €50,5 k €208,7 k €143,3 k €-45,1 k €
Net result53 k €-982 €205,5 k €2,8 M €-65,1 k €
Balance sheet
Equity847,9 k €795 k €795,9 k €590,4 k €3,5 M €
Total assets1,1 M €1,3 M €1 M €6,6 M €4,2 M €
Cash904,4 €2,3 k €1,8 k €5,7 k €4,2 k €
Debts246,2 k €483,9 k €238,6 k €6 M €766,4 k €
Other
Workforce0,0 ETP2,0 ETP3,0 ETP2,0 ETP3,0 ETP

Board of directors

Source · NBB, accounts to 30/08/2025

4 active · 21 ended

Active mandates

BENOIT BEAUTHIER

Mandate

Active
EMMA BELTRAN DIEZ

Mandate

Active
PHILIPPE BEAUTHIER

Mandate

Active
VERONIQUE VEKEMAN

Mandate

Active

Ended mandates

Benoît BEAUTHIER

Managing director · since 15 juin 2018 · until 15 juin 2024

Ended
Emma BELTRAN-DIEZ

Director · since 15 juin 2018 · until 15 juin 2024

Ended
Philippe BEAUTHIER

Director · since 15 juin 2018 · until 15 juin 2024

Ended
Véronique VEKEMAN

Director · since 15 juin 2018 · until 16 juin 2024

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year30/08/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year8 months12 months12 months12 months12 months12 months
Filing date10/08/202603/07/202516/08/202407/08/202308/08/202228/07/2021
General meeting19/12/202530/06/202528/06/202430/06/202330/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 27 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/08/202519/12/202510/08/2026FrenchPDF
Abridged model31/12/202430/06/202503/07/2025FrenchPDF
Full model31/12/202328/06/202416/08/2024FrenchPDF
Full modelCorrection31/12/202230/06/202307/08/2023FrenchPDF
Full modelCorrection31/12/202230/06/202303/08/2023FrenchPDF
Full model31/12/202230/06/202301/08/2023FrenchPDF
Full model31/12/202130/06/202208/08/2022FrenchPDF
Full model31/12/202018/06/202128/07/2021FrenchPDF
Full model31/12/201922/09/202005/10/2020FrenchPDF
Abridged model31/12/201827/09/201929/09/2019FrenchPDF
Full model31/12/201715/06/201824/07/2018FrenchPDF
Full model31/12/201616/08/201730/08/2017FrenchPDF
Full model30/06/201530/11/201517/01/2016FrenchPDF
Abridged model30/06/201401/10/201428/01/2015FrenchPDF
Abridged model30/06/201301/10/201320/12/2013FrenchPDF
Abridged model30/06/201201/10/201230/11/2012FrenchPDF
Abridged model30/06/201103/10/201113/01/2012FrenchPDF
Abridged model30/06/201001/10/201008/10/2010FrenchPDF
Abridged model30/06/200901/10/200927/11/2009FrenchPDF
Abridged model30/06/200801/10/200821/10/2008FrenchPDF
Abridged model30/06/200701/10/200726/10/2007FrenchPDF
Abridged model30/06/200606/11/200630/11/2006FrenchPDF
Abridged model30/06/200505/11/200528/11/2005FrenchPDF
Abridged model30/06/200401/10/200422/10/2004FrenchPDF
Abridged model30/06/200301/10/200319/11/2003FrenchPDF
Abridged model30/06/200201/10/200228/11/2002FrenchPDF
Abridged model30/06/200101/10/200120/12/2001FrenchPDF

Indicative valuation

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.

Board of directors

Source · NBB, accounts to 30/08/2025

4 active · 21 ended

Active mandates

BENOIT BEAUTHIER

Mandate

Active
EMMA BELTRAN DIEZ

Mandate

Active
PHILIPPE BEAUTHIER

Mandate

Active
VERONIQUE VEKEMAN

Mandate

Active

Ended mandates

Benoît BEAUTHIER

Managing director · since 15 juin 2018 · until 15 juin 2024

Ended
Emma BELTRAN-DIEZ

Director · since 15 juin 2018 · until 15 juin 2024

Ended
Philippe BEAUTHIER

Director · since 15 juin 2018 · until 15 juin 2024

Ended
Véronique VEKEMAN

Director · since 15 juin 2018 · until 16 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring18/02/2026
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring29/10/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates16/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares23/12/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates14/08/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/10/2017
    OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares23/08/2016
    CAPITAL, ACTIONS
    PDF
  • Capital / shares23/08/2016
    CAPITAL, ACTIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202553 k €↑
  2. 2024
    Annual accounts 2024-982 €↓
  3. 2023
    Annual accounts 2023205,5 k €↓
  4. 2022
    Annual accounts 20222,8 M €↑
  5. 2021
    Annual accounts 2021-65,1 k €↓
  6. 2020
    Annual accounts 2020-47 k €↑
  7. 2019
    Annual accounts 2019-204,8 k €↓
  8. 2018
    Annual accounts 2018-157,6 k €↓
  9. 2017
    Annual accounts 2017-14,5 k €↓
  10. 2016
    Annual accounts 2016-9,9 k €↓
  11. 2015
    Annual accounts 201579,4 k €↑
  12. 2014
    Annual accounts 201478,2 k €↓
  13. 2013
    Annual accounts 2013210,6 k €↑
  14. 2012
    Annual accounts 201297,2 k €↓
  15. 2011
    Annual accounts 2011107,1 k €↓
  16. 2010
    Annual accounts 2010130,9 k €↓
  17. 2009
    Annual accounts 2009174,7 k €↓
  18. 2008
    Annual accounts 2008183,5 k €↑
  19. 2007
    Annual accounts 2007134,2 k €