ACTIVE

PAPILIUM

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Financial year 2025 · closed on 31/10/2025

Net result

-62,4 k €

-158.3% YoY

Gross margin

549,8 k €

+16.8% YoY

Equity

151,1 k €

-29.2% YoY

Workforce

8,0 ETP

0.0% YoY

What does PAPILIUM do?

PAPILIUM is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Sint-Martens-Latem. It employs on average 8,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0832.277.321

Incorporation

28/12/2010

Legal form

Private limited company

Registered office

Molenstraat 2
9830 Sint-Martens-Latem · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/10/2025

Average workforce

8,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	549,8 k €	+16.8%	470,8 k €	-25.7%	633,4 k €	+14.0%	555,8 k €	-5.6%	588,6 k €	+39.2%	423 k €	+6.5%	397,1 k €	-23.6%	519,8 k €	+82.2%	285,3 k €	+27.7%	223,3 k €	-63.6%	613,1 k €	-15.3%	724 k €	-2.8%	744,7 k €	-46.7%	1,4 M €
EBITDA	-44,1 k €	-228%	-13,4 k €	-118%	75,9 k €	-37.1%	120,6 k €	-34.2%	183,4 k €	+213%	58,7 k €	-32.2%	86,6 k €	-65.1%	247,9 k €	+536%	-56,8 k €	+43.8%	-101,2 k €	-140%	254,2 k €	+12.0%	227 k €	-7.5%	245,4 k €	-65.2%	704,6 k €
Operating result	-55,4 k €	-169%	-20,6 k €	-130%	69,5 k €	-40.2%	116,3 k €	-34.4%	177,3 k €	+229%	54 k €	-34.6%	82,5 k €	-65.9%	241,6 k €	+474%	-64,5 k €	+41.2%	-109,7 k €	-145%	245 k €	+11.4%	220 k €	-7.6%	238,1 k €	-65.8%	695,8 k €
Net result	-62,4 k €	-158%	-24,2 k €	-147%	51,7 k €	-48.9%	101,2 k €	-36.4%	159,2 k €	+308%	39 k €	-45.5%	71,5 k €	-66.6%	213,7 k €	+413%	-68,2 k €	+38.9%	-111,7 k €	-148%	234 k €	+12.9%	207,2 k €	+8.9%	190,4 k €	-71.0%	657,1 k €
Balance sheet
Equity	151,1 k €	-29.2%	213,6 k €	-10.2%	237,7 k €	+4.1%	228,4 k €	+0.5%	227,2 k €	+9.2%	208 k €	+4.5%	199 k €	+0.7%	197,5 k €	+1331%	13,8 k €	-83.2%	82 k €	-57.7%	193,7 k €	+4.9%	184,7 k €	+4.1%	177,4 k €	+65.7%	107,1 k €
Total assets	389,7 k €	-1.7%	396,6 k €	-22.5%	512 k €	+3.0%	496,9 k €	-10.8%	556,9 k €	+10.3%	504,9 k €	-18.4%	619,1 k €	+6.0%	583,9 k €	+38.6%	421,4 k €	-11.5%	476,4 k €	-32.0%	700,7 k €	+21.5%	576,7 k €	-35.8%	898,3 k €	-4.3%	938,4 k €
Cash	93,1 k €	+349%	20,7 k €	-88.0%	173,1 k €	+12.4%	154 k €	-40.4%	258,2 k €	+31.1%	196,9 k €	-20.1%	246,4 k €	-0.1%	246,7 k €	+19.9%	205,7 k €	+3.6%	198,6 k €	-60.4%	501,8 k €	+12.5%	446 k €	-4.2%	465,7 k €	-0.3%	467,1 k €
Debts	221,6 k €	+32.8%	166,9 k €	-35.7%	259,4 k €	+1.1%	256,5 k €	-19.0%	316,8 k €	+11.3%	284,6 k €	-30.2%	407,6 k €	+8.4%	376,1 k €	+2.1%	368,3 k €	-4.1%	384,1 k €	-24.2%	507 k €	+29.3%	392 k €	-44.8%	710,5 k €	-14.5%	831,3 k €
Other
Workforce	8,0 ETP	0.0%	8,0 ETP	-1.2%	8,1 ETP	+28.6%	6,3 ETP	-12.5%	7,2 ETP	+5.9%	6,8 ETP	+17.2%	5,8 ETP	+52.6%	3,8 ETP	-32.1%	5,6 ETP	+12.0%	5,0 ETP	-2.0%	5,1 ETP	-34.6%	7,8 ETP	-13.3%	9,0 ETP	+15.4%	7,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/10/2025 · 1 active · 3 ended

Active mandates

PETER VELDEMAN

Director · since 22 décembre 2010 · 0808.597.245

Represented by Peter Veldeman

Active

Ended mandates

PETER VELDEMAN

Director · since 22 décembre 2010 · 0808.597.245

Represented by Peter VELDEMAN

Ended

PETER VELDEMAN

Director · since 22 décembre 2010 · 0808.597.245

Represented by Peter VELDEMAN

Ended

PETER VELDEMAN

Director · 0808.597.245

Represented by Peter VELDEMAN

Ended

At this address

Other companies at this address

Company	CBE no.
PETER VELDEMAN● Active	0808.597.245

Annual accounts

Full financial information

	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	01/11/2024	01/11/2023	01/11/2022	01/11/2021	01/11/2020	01/11/2019
Closing of the financial year	31/10/2025	31/10/2024	31/10/2023	31/10/2022	31/10/2021	31/10/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/03/2026	01/04/2025	19/03/2024	15/03/2023	30/03/2022	26/03/2021
General meeting	10/03/2026	11/03/2025	12/03/2024	14/03/2023	08/03/2022	09/03/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/10/2025	10/03/2026	31/03/2026	Dutch	PDF
Abridged model	31/10/2024	11/03/2025	01/04/2025	Dutch	PDF
Abridged model	31/10/2023	12/03/2024	19/03/2024	Dutch	PDF
Abridged model	31/10/2022	14/03/2023	15/03/2023	Dutch	PDF
Abridged model	31/10/2021	08/03/2022	30/03/2022	Dutch	PDF
Abridged model	31/10/2020	09/03/2021	26/03/2021	Dutch	PDF
Abridged model	31/10/2019	10/03/2020	06/04/2020	Dutch	PDF
Abridged model	31/10/2018	12/03/2019	09/04/2019	Dutch	PDF
Abridged model	31/10/2017	13/03/2018	16/04/2018	Dutch	PDF
Abridged model	31/10/2016	14/03/2017	19/04/2017	Dutch	PDF
Abridged model	31/10/2015	08/03/2016	17/03/2016	Dutch	PDF
Abridged model	31/10/2014	10/03/2015	29/04/2015	Dutch	PDF
Abridged model	31/10/2013	11/03/2014	13/05/2014	Dutch	PDF
Abridged model	31/10/2012	12/03/2013	03/05/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/10/2025 · 1 active · 3 ended

Active mandates

PETER VELDEMAN

Director · since 22 décembre 2010 · 0808.597.245

Represented by Peter Veldeman

Active

Ended mandates

PETER VELDEMAN

Director · since 22 décembre 2010 · 0808.597.245

Represented by Peter VELDEMAN

Ended

PETER VELDEMAN

Director · since 22 décembre 2010 · 0808.597.245

Represented by Peter VELDEMAN

Ended

PETER VELDEMAN

Director · 0808.597.245

Represented by Peter VELDEMAN

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/11/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/10/2012
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other06/01/2011
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

2025
Annual accounts 2025-62,4 k €↓
2024
Annual accounts 2024-24,2 k €↓
2023
Annual accounts 202351,7 k €↓
2022
Annual accounts 2022101,2 k €↓
2021
Annual accounts 2021159,2 k €↑
2020
Annual accounts 202039 k €↓
2019
Annual accounts 201971,5 k €↓
2018
Annual accounts 2018213,7 k €↑
2017
Annual accounts 2017-68,2 k €↑
2016
Annual accounts 2016-111,7 k €↓
2015
Annual accounts 2015234 k €↑
2014
Annual accounts 2014207,2 k €↑
2013
Annual accounts 2013190,4 k €↓
2012
Annual accounts 2012657,1 k €
28/12/2010
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PAPILIUM

Overview

What does PAPILIUM do?

Trend over 14 financial years

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