ACTIVE

PAPASON

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Financial year 2025 · closed on 31/12/2025

Net result

19,4 k €

-8.0% YoY

Gross margin

26,6 k €

+11.1% YoY

Equity

75 k €

+35.0% YoY

What does PAPASON do?

PAPASON is a Private company with limited liability incorporated in 2001. Its registered office is in Wemmel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.914.086

Incorporation

25/01/2001

Legal form

Private company with limited liability

Registered office

Place Lt. Graff 15
1780 Wemmel · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	26,6 k €	+11.1%	23,9 k €	+24033%	-100 €	-100%	20,4 k €	+292%	-10,6 k €	-119%	56,8 k €	+9.7%	51,8 k €	+154%	20,4 k €	-6.1%	21,7 k €	+73.2%	12,5 k €	-25.0%	16,7 k €	+235%	-12,3 k €	+73.6%	-46,8 k €	-236%	-14 k €	-125%	55,2 k €	+125%	24,6 k €	-54.1%	53,5 k €	+47.2%	36,3 k €	+9.2%	33,3 k €
EBITDA	26,4 k €	+20.8%	21,9 k €	+21975%	-100 €	-100%	20,3 k €	+259%	-12,8 k €	-123%	54,5 k €	+10.1%	49,5 k €	+165%	18,7 k €	+3.4%	18,1 k €	+194%	6,2 k €	-48.4%	11,9 k €	+163%	-18,8 k €	+63.7%	-51,9 k €	-92.3%	-27 k €	-259%	17 k €	+167%	-25,5 k €	-180%	31,7 k €	+73.0%	18,4 k €	+159%	7,1 k €
Operating result	26,4 k €	+20.8%	21,9 k €	+21975%	-100 €	-101%	12 k €	+140%	-30,4 k €	-182%	36,9 k €	+18.0%	31,3 k €	+6579%	468,4 €	-96.0%	11,7 k €	+332%	-5 k €	-589%	1 k €	+103%	-29,5 k €	+64.2%	-82,4 k €	-43.6%	-57,4 k €	-514%	-9,3 k €	+81.9%	-51,8 k €	-3545%	-1,4 k €	-148%	3 k €	+125%	-11,7 k €
Net result	19,4 k €	-8.0%	21,1 k €	+21204%	-100 €	-101%	12,2 k €	+138%	-32,3 k €	-295%	16,6 k €	-18.6%	20,4 k €	+3142%	628,7 €	-94.5%	11,4 k €	+341%	-4,7 k €	-2720%	179,9 €	+101%	-29,3 k €	+67.0%	-88,8 k €	-46.7%	-60,5 k €	-169%	-22,5 k €	+64.4%	-63,2 k €	-3354%	-1,8 k €	+40.9%	-3,1 k €	+86.1%	-22,3 k €
Balance sheet
Equity	75 k €	+35.0%	55,5 k €	+128%	-201,8 k €	-0.0%	-201,7 k €	-3.1%	-195,7 k €	-19.8%	-163,4 k €	+9.2%	-180 k €	+10.2%	-200,4 k €	+0.3%	-201 k €	+5.4%	-212,4 k €	-2.3%	-207,6 k €	+0.1%	-207,8 k €	-16.4%	-178,5 k €	-99.0%	-89,7 k €	-208%	-29,1 k €	-339%	-6,6 k €	-112%	56,6 k €	-3.1%	58,4 k €	-5.0%	61,5 k €
Total assets	84,8 k €	+47.6%	57,5 k €	+348%	12,8 k €	-69.7%	42,4 k €	-5.8%	45 k €	-16.6%	53,9 k €	-69.2%	174,9 k €	+18.2%	148 k €	-1.8%	150,6 k €	+10.4%	136,4 k €	-7.5%	147,5 k €	+9.3%	135 k €	-24.2%	178,1 k €	-11.1%	200,3 k €	-3.8%	208,2 k €	-9.3%	229,6 k €	-17.4%	278 k €	+60.6%	173,1 k €	-24.3%	228,6 k €
Cash	7,7 k €	+210%	2,5 k €	+1046%	215,2 €	-12.0%	244,7 €	-96.8%	7,8 k €	-56.3%	17,8 k €	-75.9%	73,9 k €	-7.0%	79,4 k €	+25.3%	63,4 k €	+51.3%	41,9 k €	-14.6%	49,1 k €	+72.5%	28,4 k €	+107%	13,7 k €	+142%	5,7 k €	-41.1%	9,6 k €	-17.8%	11,7 k €	-44.3%	21,1 k €		–		10,1 k €
Debts	9,9 k €	+408%	1,9 k €	-99.1%	214,6 k €	-12.1%	244,1 k €	+6.7%	228,8 k €	+11.4%	205,4 k €	-42.1%	354,8 k €	+1.9%	348,3 k €	-0.9%	351,6 k €	+0.8%	348,8 k €	-1.8%	355,1 k €	+3.6%	342,8 k €	-3.9%	356,6 k €	+23.0%	289,9 k €	+22.2%	237,3 k €	+0.5%	236,2 k €	+6.7%	221,4 k €	+93.1%	114,7 k €	-31.4%	167,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		0,2 ETP	-85.7%	1,4 ETP	-26.3%	1,9 ETP	+58.3%	1,2 ETP	+50.0%	0,8 ETP	-33.3%	1,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Ahmed Shiraz Malik

Director · since 19 juin 2018

Active

Ended mandates

AHMED MALIK

Manager

Ended

ILYAS MALIK

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
1000T SERVICES BV● Bankrupt	0753.794.621
110 GROUP● Active	0753.977.832
2 FRERES● Active	0805.844.524
7 GROUP● Active	1018.927.590
AA EVENT● Active	0791.489.217
AA RENOVA● Active	0768.717.476
AA TRANS EXPRESS● Active	0763.857.083
AB92● Bankrupt	0784.704.957
ABA BRUGGE● Active	1009.587.084
ABD FRERES● Active	0804.930.150
ABD GROUP BRUSSELS● Active	0793.295.197
ABHA TRANS EXPRESS● Active	1002.743.042
AB HOUSE● Active	0747.705.197
ABJ WASTE● Active	1040.404.974
ABS BUSINESS● Active	1037.918.806
ABZ Transfert● Active	0781.748.437
AC CLEANING● Active	0782.288.073
A.c.c. LOGISTICS● Bankrupt	0747.662.736
AC EXCELLENCE● Active	1025.163.207
ACH & CO● Active	0781.731.017

Annual accounts

Full financial information

	2025	2024	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/08/2026	05/08/2025	15/11/2023	07/02/2023	08/02/2022	14/12/2020
General meeting	11/06/2026	11/06/2025	11/06/2023	11/06/2022	11/06/2021	11/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/06/2026	19/08/2026	Dutch	PDF
Abridged model	31/12/2024	11/06/2025	05/08/2025	Dutch	PDF
Micro model	31/12/2022	11/06/2023	15/11/2023	Dutch	PDF
Micro model	31/12/2021	11/06/2022	07/02/2023	Dutch	PDF
Micro model	31/12/2020	11/06/2021	08/02/2022	Dutch	PDF
Micro model	31/12/2019	11/06/2020	14/12/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	10/07/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	16/11/2018	Dutch	PDF
Micro model	31/12/2016	26/09/2017	27/09/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	29/09/2016	Dutch	PDF
Abridged model	31/12/2014	31/05/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	31/08/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	31/12/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	29/07/2010	Dutch	PDF
Abridged model	31/12/2008	31/05/2009	25/07/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active · 2 ended

Active mandates

Ahmed Shiraz Malik

Director · since 19 juin 2018

Active

Ended mandates

AHMED MALIK

Manager

Ended

ILYAS MALIK

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office28/04/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/10/2021
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/08/2021
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2018
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/10/2015
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/12/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/05/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/04/2013
ONTSLAGEN - BENOEMINGEN
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 202519,4 k €↓
2024
Annual accounts 202421,1 k €↑
2022
Annual accounts 2022-100 €↓
2021
Annual accounts 202112,2 k €↑
2020
Annual accounts 2020-32,3 k €↓
2019
Annual accounts 201916,6 k €↓
2018
Annual accounts 201820,4 k €↑
2017
Annual accounts 2017628,7 €↓
2016
Annual accounts 201611,4 k €↑
2015
Annual accounts 2015-4,7 k €↓
2014
Annual accounts 2014179,9 €↑
2013
Annual accounts 2013-29,3 k €↑
2012
Annual accounts 2012-88,8 k €↓
2011
Annual accounts 2011-60,5 k €↓
2010
Annual accounts 2010-22,5 k €↑
2009
Annual accounts 2009-63,2 k €↓
2008
Annual accounts 2008-1,8 k €↑
2007
Annual accounts 2007-3,1 k €↑
2006
Annual accounts 2006-22,3 k €
25/01/2001
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

PAPASON

Overview

What does PAPASON do?

Trend over 19 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