NORMAL SITUATION

PAPER BRICK (SA)

Financial year 2025 · closed on 10/12/2025
Net result
244,6 k €
+265.8% YoY
Gross margin
-7,9 k €
-129.7% YoY
Equity
992,3 k €
+32.7% YoY

Company — Normal situation.

What does PAPER BRICK do?

PAPER BRICK is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0473.564.193
Legal form
Public limited company
Contributed capital
200 000,00 €
Latest accounts
10/12/2025
Signals
ProfitableSolid equityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252025202420232022202120202019201820172015201420132011201020082007
Income statement
Gross margin-7,9 k €-3,4 k €-6,1 k €-4,8 k €-4,4 k €-2,5 k €-1,3 k €-2,2 k €-2,4 k €-4,2 k €-2 k €-2,8 k €-1,7 k €-684,8 €-1,8 k €-1,8 k €-1,4 k €
EBITDA-61,3 k €-3,8 k €-6,7 k €-5,2 k €-7,5 k €-3,4 k €-2,1 k €-2,6 k €-456,7 k €-5,1 k €-2,5 k €-2,8 k €-2,7 k €-1,6 k €-2,7 k €-2,7 k €-2,4 k €
Operating result-61,3 k €-3,8 k €-6,7 k €-5,2 k €-7,5 k €-4,1 k €-3,1 k €-3,6 k €-457 k €-5,6 k €-3 k €-2,8 k €-2,7 k €-1,6 k €-2,7 k €-2,7 k €-2,4 k €
Net result244,6 k €-147,5 k €-1,9 k €-24,3 k €36 k €173,1 k €-703,2 k €-46,6 k €483,9 k €88,5 €430,2 k €17,5 k €37,7 k €68,6 k €29,2 k €21,7 k €157,8 k €
Balance sheet
Equity992,3 k €747,7 k €895,2 k €897,1 k €921,4 k €885,3 k €712,2 k €1,4 M €1,5 M €1 M €962,1 k €551,9 k €554,4 k €442,4 k €393,8 k €379,9 k €378,2 k €
Total assets992,3 k €2,1 M €2,3 M €2,3 M €2,4 M €2,4 M €2,3 M €3 M €3,1 M €2,7 M €1,9 M €1,5 M €1,5 M €1,4 M €1,2 M €1,1 M €788 k €
Cash206,5 k €80,6 k €9,9 k €62,4 k €118,1 k €51,9 k €209,9 k €30,8 k €715,1 k €15,7 k €740,3 k €29,7 k €5,6 k €22 k €10,4 k €88,2 k €54,4 k €
Debts1,3 M €1,4 M €1,4 M €1,5 M €1,5 M €1,5 M €1,6 M €1,7 M €1,7 M €972,1 k €970 k €970,1 k €975,8 k €770,3 k €729,7 k €406,4 k €
Governance

Board of directors

Seen on filing of 10/12/2025 · 4 active · 9 ended

Active mandates

David DOUENIAS

Managing director · since 20 décembre 2021 · until 11 juin 2027

Active
ETUDES, CONSEILS ET INVESTISSEMENTS EN IMMOBILIER

Managing director · since 20 décembre 2021 · until 11 juin 2027 · 0475.602.381

Represented by Eric COMMANS

Active
Luc BAEVENS

Director · since 20 décembre 2021 · until 11 juin 2027

Active
STÉPHAN SONNEVILLE

Director · since 20 décembre 2021 · until 11 juin 2027 · 0461.220.350

Represented by Stéphan SONNEVILLE

Active

Ended mandates

David DOUENIAS

Director

Ended
David DOUENIAS

Managing director

Ended
Eric COMANS

Managing director

Ended
Eric COMMANS

Managing director

Ended
Annual accounts

Full financial information

202520252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year10/12/202531/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year9 months12 months12 months12 months12 months12 months
Filing date22/12/202519/08/202508/08/202430/10/202330/12/202227/10/2021
General meeting10/12/202513/06/202514/06/202426/10/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

24 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model10/12/202510/12/202522/12/2025FrenchPDF
Abridged modelCorrection31/03/202513/06/202519/08/2025FrenchPDF
Abridged model31/03/202513/06/202502/07/2025FrenchPDF
Abridged model31/03/202414/06/202408/08/2024FrenchPDF
Abridged model31/03/202326/10/202330/10/2023FrenchPDF
Micro model31/03/202210/06/202230/12/2022FrenchPDF
Micro model31/03/202111/06/202127/10/2021FrenchPDF
Micro model31/03/202012/06/202030/11/2020FrenchPDF
Micro model31/03/201914/06/201930/08/2019FrenchPDF
Micro model31/03/201808/06/201819/09/2018FrenchPDF
Micro model31/03/201709/06/201731/08/2017FrenchPDF
Abridged model31/03/201504/07/201529/09/2015FrenchPDF
Abridged model31/03/201404/07/201429/08/2014FrenchPDF
Abridged model31/03/201305/07/201328/08/2013FrenchPDF
Abridged model31/03/201110/08/201130/08/2011FrenchPDF
Abridged model31/03/201011/06/201024/08/2010FrenchPDF
Abridged model31/03/200804/07/200810/10/2008FrenchPDF
Abridged model31/03/200708/06/200730/10/2007FrenchPDF
Abridged model31/03/200609/06/200627/10/2006FrenchPDF
Abridged model31/03/200510/06/200512/07/2005FrenchPDF
Abridged modelCorrection31/03/200411/06/200422/10/2004FrenchPDF
Abridged model31/03/200411/06/200420/07/2004FrenchPDF
Abridged model31/03/200313/06/200322/10/2003FrenchPDF
Abridged model31/03/200214/06/200216/07/2002FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 10/12/2025 · 4 active · 9 ended

Active mandates

David DOUENIAS

Managing director · since 20 décembre 2021 · until 11 juin 2027

Active
ETUDES, CONSEILS ET INVESTISSEMENTS EN IMMOBILIER

Managing director · since 20 décembre 2021 · until 11 juin 2027 · 0475.602.381

Represented by Eric COMMANS

Active
Luc BAEVENS

Director · since 20 décembre 2021 · until 11 juin 2027

Active
STÉPHAN SONNEVILLE

Director · since 20 décembre 2021 · until 11 juin 2027 · 0461.220.350

Represented by Stéphan SONNEVILLE

Active

Ended mandates

David DOUENIAS

Director

Ended
David DOUENIAS

Managing director

Ended
Eric COMANS

Managing director

Ended
Eric COMMANS

Managing director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution12/02/2026
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 2025244,6 k €
  2. 2025
    Annual accounts 2025-147,5 k €
  3. 2024
    Annual accounts 2024-1,9 k €
  4. 2023
    Annual accounts 2023-24,3 k €
  5. 2022
    Annual accounts 202236 k €
  6. 2021
    Annual accounts 2021173,1 k €
  7. 2020
    Annual accounts 2020-703,2 k €
  8. 2019
    Annual accounts 2019-46,6 k €
  9. 2018
    Annual accounts 2018483,9 k €
  10. 2017
    Annual accounts 201788,5 €
  11. 2015
    Annual accounts 2015430,2 k €
  12. 2014
    Annual accounts 201417,5 k €
  13. 2013
    Annual accounts 201337,7 k €
  14. 2011
    Annual accounts 201168,6 k €
  15. 2010
    Annual accounts 201029,2 k €
  16. 2008
    Annual accounts 200821,7 k €
  17. 2007
    Annual accounts 2007157,8 k €