OPENING OF BANKRUPTCY

PAPI

Financial year 2022 · closed on 31/12/2022
Net result
1,8 k €
+109.5% YoY
Gross margin
16,5 k €
+519.6% YoY
Equity
-6,5 k €
+21.5% YoY

Company — Opening of bankruptcy.

Strike-off: 17 juillet 2026

What does PAPI do?

PAPI is a Private limited company incorporated in 2016.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0655.679.319
Incorporation
26/05/2016
Legal form
Private limited company
Contributed capital
18 600,00 €
Latest accounts
31/12/2022
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202220212020201920182017
Income statement
Gross margin16,5 k €-3,9 k €-2,0 k €-4,0 k €1,6 k €-3,8 k €
EBITDA3,0 k €-17,6 k €-2,7 k €-4,5 k €869,0 €-3,8 k €
Operating result2,5 k €-18,1 k €-3,0 k €-5,0 k €642,6 €-4,0 k €
Net result1,8 k €-18,6 k €690,6 €-5,2 k €652,1 €-4,3 k €
Balance sheet
Equity-6,5 k €-8,2 k €10,4 k €2,8 k €8,0 k €5,8 k €
Total assets14,6 k €13,7 k €12,3 k €4,9 k €10,3 k €8,7 k €
Cash1,7 k €4,2 k €7,7 k €5,2 k €3,4 k €
Debts21,1 k €22,0 k €1,9 k €2,2 k €2,3 k €2,9 k €
Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 3 ended

Active mandates

Ohtmane Bouzakhti

Director · since 01 juillet 2021

Active

Ended mandates

Abdelillah Bouzakhti

Director · since 01 juillet 2021

Ended
ERDAL SESLI

Mandate

Ended
ERDAL SISLI

Mandate

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201826/05/2016
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months20 months
Filing date29/09/202323/08/202225/06/202116/06/202030/07/201907/06/2018
General meeting28/09/202320/06/202225/06/202107/06/202030/07/201906/06/2018
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202228/09/202329/09/2023FrenchPDF
Micro model31/12/202120/06/202223/08/2022FrenchPDF
Abridged model31/12/202025/06/202125/06/2021FrenchPDF
Abridged model31/12/201907/06/202016/06/2020FrenchPDF
Abridged model31/12/201830/07/201930/07/2019FrenchPDF
Abridged model31/12/201706/06/201807/06/2018FrenchPDF
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 31/12/2022 · 1 active · 3 ended

Active mandates

Ohtmane Bouzakhti

Director · since 01 juillet 2021

Active

Ended mandates

Abdelillah Bouzakhti

Director · since 01 juillet 2021

Ended
ERDAL SESLI

Mandate

Ended
ERDAL SISLI

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/07/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other30/05/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, 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. 2022
    Annual accounts 20221,8 k €
  2. 2021
    Annual accounts 2021-18,6 k €
  3. 2020
    Annual accounts 2020690,6 €
  4. 2019
    Annual accounts 2019-5,2 k €
  5. 2018
    Annual accounts 2018652,1 €
  6. 2017
    Annual accounts 2017-4,3 k €
  7. 26/05/2016
    IncorporationPrivate limited company