PAPINGLO
0478.920.672 · rovalta.com · 21/09/2026
ACTIVE
PAPINGLO
Financial year 2025 · closed on 30/06/2025
Net result
23,4 k €
+112.5% YoY
Gross margin
107,2 k €
+17.6% YoY
Equity
295,7 k €
+8.6% YoY
Overview
What does PAPINGLO do?
PAPINGLO is a Public limited company incorporated in 2002. Its main activity is: Construction of buildings. Its registered office is in Aalter.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0478.920.672
Incorporation
03/12/2002
Legal form
Public limited company
Registered office
Stationsstraat 41
9880 Aalter · FlandreSee on map
9880 Aalter · FlandreSee on map
Contributed capital
124 000,00 €
Latest accounts
30/06/2025
Activities (NACE)
Joint committees (1)
- 124
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 107,2 k € | +17.6% | 91,2 k € | -9.7% | 101,0 k € | +15.6% | 87,4 k € | +8.8% | 80,3 k € | +1.5% | 79,1 k € | -3.2% | 81,7 k € | -22.9% | 106,0 k € | +4.9% | 101,1 k € | -15.9% | 120,2 k € | -17.8% | 146,2 k € | +2.3% | 143,0 k € | -6.8% | 153,5 k € | -12.9% | 176,2 k € | +17.2% | 150,3 k € | -13.1% | 173,0 k € | -11.3% | 195,0 k € | -33.8% | 294,5 k € | +11.7% | 263,7 k € |
| EBITDA | 103,1 k € | +17.7% | 87,6 k € | -8.4% | 95,6 k € | +14.4% | 83,5 k € | +9.2% | 76,5 k € | +1.4% | 75,4 k € | -3.5% | 78,1 k € | -23.8% | 102,5 k € | +5.0% | 97,5 k € | -16.4% | 116,7 k € | -18.2% | 142,7 k € | +2.2% | 139,7 k € | +0.7% | 138,8 k € | -20.4% | 174,3 k € | +19.1% | 146,4 k € | -13.6% | 169,4 k € | -12.5% | 193,7 k € | -21.5% | 246,8 k € | +109% | 118,2 k € |
| Operating result | 40,9 k € | +47.0% | 27,8 k € | -23.3% | 36,3 k € | +49.7% | 24,2 k € | +41.0% | 17,2 k € | +6.7% | 16,1 k € | -14.4% | 18,8 k € | -57.5% | 44,3 k € | +25.0% | 35,4 k € | -35.1% | 54,6 k € | -32.3% | 80,6 k € | +3.9% | 77,6 k € | +1.2% | 76,6 k € | -18.5% | 94,1 k € | +71.3% | 54,9 k € | -29.6% | 78,0 k € | -23.7% | 102,2 k € | -3.9% | 106,4 k € | +48.3% | 71,7 k € |
| Net result | 23,4 k € | +112% | 11,0 k € | -43.2% | 19,4 k € | +388% | 4,0 k € | +169% | -5,7 k € | +40.7% | -9,7 k € | +1.3% | -9,8 k € | -223% | 8,0 k € | +588% | 1,2 k € | -87.6% | 9,4 k € | -66.4% | 28,0 k € | +159% | 10,8 k € | -58.4% | 26,0 k € | -26.9% | 35,5 k € | +419% | 6,8 k € | -61.8% | 17,9 k € | -69.5% | 58,7 k € | +3.3% | 56,8 k € | +680% | 7,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 295,7 k € | +8.6% | 272,3 k € | +4.2% | 261,3 k € | +8.0% | 241,9 k € | +1.7% | 238,0 k € | -2.4% | 243,7 k € | -3.8% | 253,4 k € | -3.7% | 263,2 k € | +3.1% | 255,2 k € | +0.5% | 254,1 k € | -26.3% | 344,7 k € | +8.8% | 316,7 k € | +3.5% | 305,9 k € | +9.3% | 280,0 k € | +14.5% | 244,5 k € | +2.9% | 237,6 k € | +8.2% | 219,7 k € | +9.3% | 201,0 k € | +9.1% | 184,2 k € |
| Total assets | 459,7 k € | -12.0% | 522,2 k € | -10.9% | 586,2 k € | -8.6% | 641,1 k € | -10.8% | 718,8 k € | -6.6% | 769,7 k € | -9.4% | 849,3 k € | -7.8% | 920,9 k € | -4.3% | 962,2 k € | -6.0% | 1,0 M € | -13.4% | 1,2 M € | -0.7% | 1,2 M € | -4.7% | 1,2 M € | -2.5% | 1,3 M € | +0.1% | 1,3 M € | -9.7% | 1,4 M € | -7.0% | 1,5 M € | -7.3% | 1,6 M € | +73.0% | 948,7 k € |
| Cash | 12,9 k € | -71.5% | 45,4 k € | -20.8% | 57,3 k € | +236% | 17,0 k € | +4.8% | 16,3 k € | -73.0% | 60,3 k € | -30.2% | 86,5 k € | -23.7% | 113,3 k € | +17.5% | 96,4 k € | -4.8% | 101,2 k € | -47.8% | 193,8 k € | +92.9% | 100,5 k € | +49.7% | 67,1 k € | -57.3% | 157,2 k € | +354% | 34,6 k € | -63.3% | 94,4 k € | +221% | 29,4 k € | -55.8% | 66,5 k € | +145% | 27,1 k € |
| Debts | 161,8 k € | -34.7% | 247,8 k € | -22.6% | 320,2 k € | -18.9% | 394,8 k € | -17.1% | 476,5 k € | -7.9% | 517,3 k € | -13.0% | 594,5 k € | -9.3% | 655,4 k € | -7.1% | 705,7 k € | -8.1% | 767,9 k € | -7.9% | 833,7 k € | -4.2% | 869,8 k € | -7.4% | 939,3 k € | -5.5% | 994,3 k € | -2.9% | 1,0 M € | -12.8% | 1,2 M € | -9.8% | 1,3 M € | -9.6% | 1,4 M € | +89.2% | 761,2 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1,1 ETP | -68.6% | 3,5 ETP | |||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 2 active · 8 ended
Active mandates
Josef Meerschman
ActiveMieke Pieyns
ActiveEnded mandates
Josef Meerschman
EndedJosef Meerschman
EndedMieke Pieyns
EndedMieke Pieyns
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
IMMECO● Active | 0439.706.641 |
MEVACO BEHEER● Active | 0427.139.795 |
MEVACO PROJECTS● Active | 0877.324.616 |
NERO● Active | 0890.464.453 |
WOESTIJNEGOED● Active | 0848.263.515 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/07/2024 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 | 01/07/2019 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 28/01/2026 | 23/12/2024 | 27/12/2023 | 30/12/2022 | 30/12/2021 | 25/02/2021 |
| General meeting | 29/12/2025 | 25/11/2024 | 08/12/2023 | 10/12/2022 | 10/12/2021 | 19/12/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/06/2025 | 29/12/2025 | 28/01/2026 | Dutch | |
| Micro model | 30/06/2024 | 25/11/2024 | 23/12/2024 | Dutch | |
| Micro model | 30/06/2023 | 08/12/2023 | 27/12/2023 | Dutch | |
| Micro model | 30/06/2022 | 10/12/2022 | 30/12/2022 | Dutch | |
| Micro model | 30/06/2021 | 10/12/2021 | 30/12/2021 | Dutch | |
| Micro model | 30/06/2020 | 19/12/2020 | 25/02/2021 | Dutch | |
| Micro model | 30/06/2019 | 06/12/2019 | 27/12/2019 | Dutch | |
| Micro model | 30/06/2018 | 08/12/2018 | 28/12/2018 | Dutch | |
| Micro model | 30/06/2017 | 29/12/2017 | 07/02/2018 | Dutch | |
| Abridged model | 30/06/2016 | 19/11/2016 | 23/12/2016 | Dutch | |
| Abridged model | 30/06/2015 | 21/11/2015 | 04/12/2015 | Dutch | |
| Abridged model | 30/06/2014 | 15/11/2014 | 30/12/2014 | Dutch | |
| Abridged model | 30/06/2013 | 16/11/2013 | 21/01/2014 | Dutch | |
| Abridged model | 30/06/2012 | 17/11/2012 | 25/01/2013 | Dutch | |
| Abridged model | 30/06/2011 | 19/11/2011 | 27/12/2011 | Dutch | |
| Abridged model | 30/06/2010 | 30/12/2010 | 31/01/2011 | Dutch | |
| Abridged model | 30/06/2009 | 30/12/2009 | 21/01/2010 | Dutch | |
| Abridged model | 30/06/2008 | 11/12/2008 | 18/12/2008 | Dutch | |
| Abridged model | 30/06/2007 | 15/12/2007 | 24/01/2008 | Dutch | |
| Abridged model | 30/06/2006 | 28/12/2006 | 24/01/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/06/2025 · 2 active · 8 ended
Active mandates
Josef Meerschman
ActiveMieke Pieyns
ActiveEnded mandates
Josef Meerschman
EndedJosef Meerschman
EndedMieke Pieyns
EndedMieke Pieyns
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other30/11/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates07/02/2020ONTSLAGEN - BENOEMINGEN
- Mandates28/02/2014ONTSLAGEN - BENOEMINGEN
- Mandates26/02/2007ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates08/09/2005ONTSLAGEN - BENOEMINGEN
- Registered office08/12/2003MAATSCHAPPELIJKE ZETEL
- Mandates24/12/2002ONTSLAGEN - BENOEMINGEN
- Other10/12/2002RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202523,4 k €↑
- 2024Annual accounts 202411,0 k €↓
- 2023Annual accounts 202319,4 k €↑
- 2022Annual accounts 20224,0 k €↑
- 2021Annual accounts 2021-5,7 k €↑
- 2020Annual accounts 2020-9,7 k €↑
- 2019Annual accounts 2019-9,8 k €↓
- 2018Annual accounts 20188,0 k €↑
- 2017Annual accounts 20171,2 k €↓
- 2016Annual accounts 20169,4 k €↓
- 2015Annual accounts 201528,0 k €↑
- 2014Annual accounts 201410,8 k €↓
- 2013Annual accounts 201326,0 k €↓
- 2012Annual accounts 201235,5 k €↑
- 2011Annual accounts 20116,8 k €↓
- 2010Annual accounts 201017,9 k €↓
- 2009Annual accounts 200958,7 k €↑
- 2008Annual accounts 200856,8 k €↑
- 2007Annual accounts 20077,3 k €
- 03/12/2002IncorporationPublic limited company