ACTIVE

PAPINGLO

Financial year 2025 · Closed on 30/06/2025

Net result23,4 k €+112,5 %over 1 year

Gross margin107,2 k €+17,6 %over 1 year

Equity295,7 k €+8,6 %over 1 year

Identity

Source · BCE/KBO

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
Contributed capital: 124 000,00 €
Latest accounts: 30/06/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	107,2 k €	+17.6%	91,2 k €	-9.7%	101 k €	+15.6%	87,4 k €	+8.8%	80,3 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 €
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 €
Net result	23,4 k €	+112%	11 k €	-43.2%	19,4 k €	+388%	4 k €	+169%	-5,7 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 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 €
Cash	12,9 k €	-71.5%	45,4 k €	-20.8%	57,3 k €	+236%	17 k €	+4.8%	16,3 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 €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Josef Meerschman	Managing director18/11/2007 → 16/11/2031
Mieke Pieyns	Director18/11/2007 → 16/11/2031

Other companies at this address

Stationsstraat 41 9880 Aalter

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

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	29/12/2025	28/01/2026	Dutch	PDF
Micro model	30/06/2024	25/11/2024	23/12/2024	Dutch	PDF
Micro model	30/06/2023	08/12/2023	27/12/2023	Dutch	PDF
Micro model	30/06/2022	10/12/2022	30/12/2022	Dutch	PDF
Micro model	30/06/2021	10/12/2021	30/12/2021	Dutch	PDF
Micro model	30/06/2020	19/12/2020	25/02/2021	Dutch	PDF
Micro model	30/06/2019	06/12/2019	27/12/2019	Dutch	PDF
Micro model	30/06/2018	08/12/2018	28/12/2018	Dutch	PDF
Micro model	30/06/2017	29/12/2017	07/02/2018	Dutch	PDF
Abridged model	30/06/2016	19/11/2016	23/12/2016	Dutch	PDF
Abridged model	30/06/2015	21/11/2015	04/12/2015	Dutch	PDF
Abridged model	30/06/2014	15/11/2014	30/12/2014	Dutch	PDF
Abridged model	30/06/2013	16/11/2013	21/01/2014	Dutch	PDF
Abridged model	30/06/2012	17/11/2012	25/01/2013	Dutch	PDF
Abridged model	30/06/2011	19/11/2011	27/12/2011	Dutch	PDF
Abridged model	30/06/2010	30/12/2010	31/01/2011	Dutch	PDF
Abridged model	30/06/2009	30/12/2009	21/01/2010	Dutch	PDF
Abridged model	30/06/2008	11/12/2008	18/12/2008	Dutch	PDF
Abridged model	30/06/2007	15/12/2007	24/01/2008	Dutch	PDF
Abridged model	30/06/2006	28/12/2006	24/01/2007	Dutch	PDF

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.

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 30/06/2025

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Josef Meerschman	Managing director18/11/2007 → 16/11/2031
Mieke Pieyns	Director18/11/2007 → 16/11/2031

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other30/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2014
Herbenoeming bestuurders, gedelegeerd bestuurder
PDF
Other26/02/2007
STATUTENWIJZIGING
PDF
Mandates08/09/2005
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/12/2003
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/12/2002
ONTSLAGEN - BENOEMINGEN
PDF
Other10/12/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Mieke Pieyns

Josef Meerschman

200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

PAPINGLO

Stationsstraat 41, 9880 Aalter

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Stationsstraat 41, 9880 AalterCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00022092

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
PAPINGLOCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00022092

Events

2025
Annual accounts 202523,4 k €↑
2024
Annual accounts 202411 k €↓
2023
Annual accounts 202319,4 k €↑
2022
Annual accounts 20224 k €↑
2021
Annual accounts 2021-5,7 k €↑
2020
Annual accounts 2020-9,7 k €↑
2019
Annual accounts 2019-9,8 k €↓
2018
Annual accounts 20188 k €↑
2017
Annual accounts 20171,2 k €↓
2016
Annual accounts 20169,4 k €↓
2015
Annual accounts 201528 k €↑
2014
Annual accounts 201410,8 k €↓
2013
Annual accounts 201326 k €↓
2012
Annual accounts 201235,5 k €↑
2011
Annual accounts 20116,8 k €↓
2010
Annual accounts 201017,9 k €↓
2009
Annual accounts 200958,7 k €↑
2008
Annual accounts 200856,8 k €↑
2007
Annual accounts 20077,3 k €
03/12/2002
IncorporationPublic limited company

PAPINGLO

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events