ACTIVE

PAPI MANAGEMENT

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Financial year 2025 · closed on 31/12/2025
Net result
79,3 k €
-13.6% YoY
Gross margin
114,2 k €
-14.2% YoY
Equity
729,4 k €
+6.0% YoY

What does PAPI MANAGEMENT do?

PAPI MANAGEMENT is a Private limited company incorporated in 2016. Its main activity is: Management consultancy activities. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0664.606.287
Incorporation
13/10/2016
Legal form
Private limited company
Registered office
Rue de Livourne 80
1050 Ixelles · BruxellesSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities70210Public relations and communication activities73300Advertising and market research85599Other education n.e.c.85599Other education n.e.c.+2
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 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin114,2 k €133 k €139,1 k €132,8 k €135,1 k €103,4 k €97,1 k €95,5 k €100,6 k €
EBITDA112,7 k €131,4 k €137,5 k €131,8 k €111,8 k €97,3 k €96,8 k €95,2 k €99,8 k €
Operating result112,2 k €130,8 k €137 k €131,3 k €111,8 k €97,3 k €96,8 k €95,2 k €98,9 k €
Net result79,3 k €91,8 k €95,8 k €91,3 k €79,3 k €68,6 k €67,9 k €66,5 k €59,2 k €
Balance sheet
Equity729,4 k €688,3 k €617,6 k €521,8 k €430,5 k €356,7 k €293,6 k €225,7 k €159,2 k €
Total assets872,3 k €806,8 k €776,2 k €750,3 k €755,5 k €768,1 k €788,6 k €790,9 k €638,6 k €
Cash84,8 k €81,1 k €50,8 k €20,3 k €34,1 k €52,4 k €26,7 k €18,3 k €25,8 k €
Debts143 k €118,6 k €158,6 k €228,5 k €324,9 k €411,4 k €494,7 k €565,1 k €479,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

PATRICK PIRRET

Director

Active

Ended mandates

Patrick PIRRET

Administrateur · since 11 octobre 2016

Ended
PATRICK PIRRET

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202629/08/202529/08/202429/08/202331/08/202226/08/2021
General meeting05/06/202606/06/202507/06/202430/06/202324/06/202225/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202631/08/2026FrenchPDF
Abridged model31/12/202406/06/202529/08/2025FrenchPDF
Abridged model31/12/202307/06/202429/08/2024FrenchPDF
Abridged model31/12/202230/06/202329/08/2023FrenchPDF
Abridged model31/12/202124/06/202231/08/2022FrenchPDF
Abridged model31/12/202025/06/202126/08/2021FrenchPDF
Abridged modelCorrection31/12/201926/06/202002/12/2020FrenchPDF
Abridged model31/12/201926/06/202022/07/2020FrenchPDF
Abridged modelCorrection31/12/201828/06/201901/07/2021FrenchPDF
Abridged model31/12/201828/06/201916/08/2019FrenchPDF
Abridged model31/12/201729/06/201827/07/2018FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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

PATRICK PIRRET

Director

Active

Ended mandates

Patrick PIRRET

Administrateur · since 11 octobre 2016

Ended
PATRICK PIRRET

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/11/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other17/10/2016
    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. 2025
    Annual accounts 202579,3 k €↓
  2. 2024
    Annual accounts 202491,8 k €↓
  3. 2023
    Annual accounts 202395,8 k €↑
  4. 2022
    Annual accounts 202291,3 k €↑
  5. 2021
    Annual accounts 202179,3 k €↑
  6. 2020
    Annual accounts 202068,6 k €↑
  7. 2019
    Annual accounts 201967,9 k €↑
  8. 2018
    Annual accounts 201866,5 k €↑
  9. 2017
    Annual accounts 201759,2 k €
  10. 13/10/2016
    IncorporationPrivate limited company