PAP INVESTMENT & MANAGEMENT COMPANY SPRL
0668.440.856 · rovalta.com · 27/09/2026
ACTIVE
PAP INVESTMENT & MANAGEMENT COMPANY SPRL
Financial year 2025 · Closed on 31/12/2025
Net result309 k €+474,2 %over 1 year
Gross margin229,9 k €+133,7 %over 1 year
Equity68,8 k €+25,5 %over 1 year
Overview
Identity
Source · BCE/KBOPAP INVESTMENT & MANAGEMENT COMPANY SPRL is a Private limited company incorporated in 2016. Its main activity is: Management consultancy activities. Its registered office is in Aywaille.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0668.440.856
- Incorporation
- 23/12/2016
- Legal form
- Private limited company
- Registered office
- Rue des Chèvrefeuilles 14
4920 Aywaille · WallonieSee on map - Contributed capital
- 18 600,00 €
- Latest accounts
- 31/12/2025
Activities (NACE)
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
Financials
Source · NBB, 9 filingsTrend over 9 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 229,9 k € | +134% | 98,4 k € | +15.0% | 85,6 k € | +63.2% | 52,4 k € | +58.1% | 33,2 k € |
| EBITDA | 228,8 k € | +137% | 96,6 k € | +14.6% | 84,3 k € | +63.4% | 51,6 k € | +61.1% | 32 k € |
| Operating result | 213,8 k € | +158% | 82,9 k € | +15.1% | 72 k € | +51.0% | 47,7 k € | +98.6% | 24 k € |
| Net result | 309 k € | +474% | 53,8 k € | +13.9% | 47,2 k € | +73.2% | 27,3 k € | +159% | 10,5 k € |
| Balance sheet | |||||||||
| Equity | 68,8 k € | +25.5% | 54,8 k € | -47.1% | 103,6 k € | -1.8% | 105,4 k € | -40.5% | 177,1 k € |
| Total assets | 571,2 k € | +15.0% | 496,8 k € | +5.3% | 471,7 k € | +4.6% | 450,9 k € | +8.5% | 415,5 k € |
| Cash | 95,2 k € | +195% | 32,2 k € | -6.7% | 34,5 k € | +221% | 10,8 k € | +45.6% | 7,4 k € |
| Debts | 502,3 k € | +13.7% | 441,9 k € | +20.0% | 368,1 k € | +6.6% | 345,4 k € | +48.7% | 232,3 k € |
Valuation
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 3 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Pierre-Alexandre Piron | Director | 000 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Pierre -Alexandre Piron | Director | since 23/12/2016 | |
Pierre-Alexandre Piron | Director | since 23/12/2016 | 000 |
Pierre-Alexandre Piron | Manager | since 23/12/2016 | 000 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 02/06/2026 | 13/06/2025 | 19/07/2024 | 12/06/2023 | 30/06/2022 | 30/06/2021 |
| General meeting | 31/03/2026 | 31/05/2025 | 21/06/2024 | 31/05/2023 | 31/05/2022 | 31/05/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 9 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 31/03/2026 | 02/06/2026 | French | |
| Abridged model | 31/12/2024 | 31/05/2025 | 13/06/2025 | French | |
| Abridged model | 31/12/2023 | 21/06/2024 | 19/07/2024 | French | |
| Abridged model | 31/12/2022 | 31/05/2023 | 12/06/2023 | French | |
| Abridged model | 31/12/2021 | 31/05/2022 | 30/06/2022 | French | |
| Abridged model | 31/12/2020 | 31/05/2021 | 30/06/2021 | French | |
| Abridged model | 31/12/2019 | 02/06/2020 | 13/06/2020 | French | |
| Abridged model | 31/12/2018 | 31/05/2019 | 24/06/2019 | French | |
| Abridged model | 31/12/2017 | 31/05/2018 | 05/06/2018 | French |
Valuation
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.
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
Board of directors
Source · NBB, accounts to 31/12/20251 active · 3 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Pierre-Alexandre Piron | Director | 000 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Pierre -Alexandre Piron | Director | since 23/12/2016 | |
Pierre-Alexandre Piron | Director | since 23/12/2016 | 000 |
Pierre-Alexandre Piron | Manager | since 23/12/2016 | 000 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates05/02/2024DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Registered office25/11/2022SIEGE SOCIAL
- Mandates22/12/2020DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
- Other13/02/2017DIVERS
- Mandates20/01/2017DENOMINATION - DIVERS
- Other28/12/2016RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025309 k €↑
- 2025Name changePAP INVESTMENT ET MANAGEMENT CIE SRL
- 2024Annual accounts 202453,8 k €↑
- 2023Annual accounts 202347,2 k €↑
- 2022Annual accounts 202227,3 k €↑
- 2021Annual accounts 202110,5 k €↑
- 2020Annual accounts 2020-839,7 €↓
- 2019Annual accounts 201948,8 k €↓
- 2018Annual accounts 201859,7 k €↑
- 2017Annual accounts 201754,4 k €
- 23/12/2016IncorporationPrivate limited company
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Rue des Chèvrefeuilles 14, 4920 AywailleCurrent | accounts 2025 · CBE, tracked since 27/09/2026 | Accounts 2025 · 2026-00131558 |
| Rue des Trois Entités 14, 4920 Aywaille | accounts 2022 → 2024 | Accounts 2024 · 2025-00135881 |
| Rue des Trois Entités 14, 4890 Thimister-Clermont | accounts 2021 | Accounts 2021 · 2022-20111875 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| PAP INVESTMENT & MANAGEMENT COMPANY SPRLCurrent | CBE, tracked since 27/09/2026 | CBE |
| PAP INVESTMENT ET MANAGEMENT CIE SRL | accounts 2025 | Accounts 2025 · 2026-00131558 |
| PAP INVESTMENT & MANAGEMENT COMPANY | accounts 2021 → 2024 | Accounts 2024 · 2025-00135881 |
Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.