ACTIVE

PAPEL

Financial year 2025 · closed on 31/12/2025
Net result
21,5 k €
-84.8% YoY
Gross margin
56,4 k €
-75.8% YoY
Equity
2,1 M €
+1.1% YoY

What does PAPEL do?

PAPEL is a Private limited company incorporated in 2021. Its main activity is: Advertising agencies. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0766.831.421
Incorporation
16/04/2021
Legal form
Private limited company
Registered office
Verlatstraat 12
2000 Antwerpen · FlandreSee on map
Latest accounts
31/12/2025
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin56,4 k €233 k €200,4 k €534,6 k €
EBITDA55 k €232,2 k €200,3 k €533,7 k €
Operating result55 k €232,2 k €200,3 k €533,7 k €
Net result21,5 k €142 k €450,7 k €357,7 k €
Balance sheet
Equity2,1 M €2 M €1,9 M €1,4 M €
Total assets3,1 M €3,3 M €3,4 M €3,2 M €
Cash23,2 k €2,8 k €4,9 k €19,9 k €
Debts1,1 M €1,2 M €1,5 M €1,8 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active

Active mandates

ADVERTAINMENT

Director · since 01 septembre 2021 · 0477.764.491

Represented by Johan Parmentier

Active
ADVEYES

Director · since 15 avril 2021 · 0449.609.846

Represented by Lode Avet

Active
JEROME CONSULT

Director · since 15 avril 2021 · 0765.596.353

Represented by Jérôme De Bruycker

Active
Klaus Lommatzsch

Director · since 15 avril 2021

Active
Marc Bresseel

Director · since 15 avril 2021

Active
At this address

Other companies at this address

CompanyCBE no.
BERLINActive
0452.245.276
DUVAL UNIONActive
0502.678.843
0552.943.748
EIVISSAActive
1010.470.576
Media-ArchitectActive
0643.973.595
MMBSYActive
0466.929.195
MMPRESSActive
0792.193.159
OPINIONATIONActive
0697.669.233
1012.793.133
YOUMENActive
0635.612.987
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202315/04/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months21 months
Filing date25/06/202625/07/202513/08/202429/08/2023
General meeting19/06/202620/06/202521/06/202416/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202625/06/2026DutchPDF
Abridged model31/12/202420/06/202525/07/2025DutchPDF
Abridged model31/12/202321/06/202413/08/2024DutchPDF
Abridged model31/12/202216/06/202329/08/2023DutchPDF
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.

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 · 5 active

Active mandates

ADVERTAINMENT

Director · since 01 septembre 2021 · 0477.764.491

Represented by Johan Parmentier

Active
ADVEYES

Director · since 15 avril 2021 · 0449.609.846

Represented by Lode Avet

Active
JEROME CONSULT

Director · since 15 avril 2021 · 0765.596.353

Represented by Jérôme De Bruycker

Active
Klaus Lommatzsch

Director · since 15 avril 2021

Active
Marc Bresseel

Director · since 15 avril 2021

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office25/09/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office13/03/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/01/2022
    DIVERSEN
    PDF
  • Other20/04/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202521,5 k €
  2. 2024
    Annual accounts 2024142 k €
  3. 2023
    Annual accounts 2023450,7 k €
  4. 2022
    Annual accounts 2022357,7 k €
  5. 16/04/2021
    IncorporationPrivate limited company