PAPER MOON
0861.768.586 · rovalta.com · 22/09/2026
ACTIVE
PAPER MOON
Financial year 2025 · closed on 31/12/2025
Net result
80,2 k €
-60.8% YoY
Gross margin
21,7 k €
+688.2% YoY
Equity
1,4 M €
+6.1% YoY
Overview
What does PAPER MOON do?
PAPER MOON is a Private limited company incorporated in 2003. Its registered office is in Uccle.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0861.768.586
Incorporation
21/11/2003
Legal form
Private limited company
Registered office
Avenue René Gobert 14 box 6
1180 Uccle · BruxellesSee on map
1180 Uccle · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 21,7 k € | +688% | -3,7 k € | -26.1% | -2,9 k € | +42.6% | -5,1 k € | -41.4% | -3,6 k € | -32.1% | -2,7 k € | +17.4% | -3,3 k € | +65.3% | -9,5 k € | -179% | -3,4 k € | -4.7% | -3,3 k € | +4.5% | -3,4 k € | -138% | -1,4 k € | +68.8% | -4,6 k € | +18.2% | -5,6 k € | -40.5% | -4 k € | +92.0% | -49,8 k € | -286% | 26,7 k € | +144% | -60,6 k € | -3739% | -1,6 k € | -115% | 10,9 k € |
| EBITDA | 20,7 k € | +545% | -4,7 k € | -19.8% | -3,9 k € | +34.9% | -6 k € | -33.4% | -4,5 k € | -24.3% | -3,6 k € | +13.7% | -4,2 k € | +85.8% | -29,4 k € | -587% | -4,3 k € | -3.7% | -4,1 k € | +5.5% | -4,4 k € | -82.6% | -2,4 k € | +56.9% | -5,6 k € | +15.6% | -6,6 k € | -34.6% | -4,9 k € | +90.3% | -50,3 k € | -301% | 25 k € | +141% | -60,6 k € | -2508% | -2,3 k € | -122% | 10,5 k € |
| Operating result | 20,7 k € | +545% | -4,7 k € | -19.8% | -3,9 k € | +34.9% | -6 k € | -33.4% | -4,5 k € | -24.3% | -3,6 k € | +13.7% | -4,2 k € | +85.8% | -29,4 k € | -587% | -4,3 k € | -3.7% | -4,1 k € | +5.5% | -4,4 k € | -82.6% | -2,4 k € | +57.5% | -5,6 k € | +16.1% | -6,7 k € | -33.6% | -5 k € | +90.0% | -50,4 k € | -7669% | 666,3 € | +101% | -60,7 k € | -2511% | -2,3 k € | -122% | 10,5 k € |
| Net result | 80,2 k € | -60.8% | 204,4 k € | +85.6% | 110,2 k € | -85.4% | 755,8 k € | +1162% | 59,9 k € | +221% | 18,6 k € | +19.2% | 15,6 k € | +335% | -6,7 k € | -139% | 17 k € | -25.4% | 22,7 k € | -25.5% | 30,5 k € | +73.6% | 17,6 k € | +24.4% | 14,1 k € | -21.9% | 18,1 k € | +111% | 8,6 k € | +120% | -43,3 k € | -2420% | 1,9 k € | +103% | -65 k € | -3507% | 1,9 k € | -65.6% | 5,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 1,4 M € | +6.1% | 1,3 M € | +18.4% | 1,1 M € | +11.0% | 1 M € | +310% | 244,2 k € | +32.5% | 184,3 k € | +20.3% | 153,2 k € | +11.4% | 137,6 k € | -4.6% | 144,3 k € | +13.3% | 127,3 k € | +21.7% | 104,6 k € | +41.2% | 74,1 k € | +31.1% | 56,5 k € | +33.3% | 42,4 k € | +74.5% | 24,3 k € | +54.6% | 15,7 k € | -73.4% | 59,1 k € | +3.3% | 57,2 k € | -53.2% | 122,2 k € | +336% | 28,1 k € |
| Total assets | 2,8 M € | +9.3% | 2,6 M € | +3.2% | 2,5 M € | -1.3% | 2,5 M € | -1.6% | 2,6 M € | -6.0% | 2,7 M € | -3.0% | 2,8 M € | -3.5% | 2,9 M € | +10.1% | 2,6 M € | +0.9% | 2,6 M € | +1.0% | 2,6 M € | +8.1% | 2,4 M € | +0.6% | 2,4 M € | +49.6% | 1,6 M € | +6.8% | 1,5 M € | +42.3% | 1,1 M € | +294% | 267,2 k € | +98.2% | 134,8 k € | -35.4% | 208,6 k € | -57.3% | 488,6 k € |
| Cash | 177,8 k € | +1452% | 11,5 k € | -40.8% | 19,3 k € | -64.5% | 54,5 k € | -42.6% | 95,1 k € | +1212% | 7,2 k € | -88.7% | 64,4 k € | -58.6% | 155,6 k € | +841% | 16,5 k € | -36.5% | 26 k € | +2451% | 1 k € | +1456% | 65,6 € | +155% | 25,7 € | -99.2% | 3,3 k € | +89.1% | 1,8 k € | -95.5% | 39,2 k € | -27.6% | 54,2 k € | -28.9% | 76,2 k € | +278% | 20,2 k € | -84.8% | 132,7 k € |
| Debts | 1,4 M € | +12.6% | 1,3 M € | -9.0% | 1,4 M € | -9.3% | 1,5 M € | -34.3% | 2,3 M € | -8.7% | 2,5 M € | -4.3% | 2,7 M € | -4.3% | 2,8 M € | +11.0% | 2,5 M € | +0.2% | 2,5 M € | +0.1% | 2,5 M € | +7.0% | 2,3 M € | -0.1% | 2,3 M € | +50.0% | 1,6 M € | +5.7% | 1,5 M € | +42.1% | 1 M € | +398% | 208,2 k € | +168% | 77,6 k € | -10.1% | 86,3 k € | -81.3% | 460,6 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
Nelly SPAAS
ActiveEnded mandates
Nelly SPAAS
EndedNelly SPAAS
EndedJoffroy Haustraete
EndedJEAN-FRANCOIS DESTEXHE
EndedAt this address
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|---|---|
ALBERTSON PROPERTIES● Active | 0899.488.918 |
| 0808.324.259 | |
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Innesto Fund I● Active | 1000.062.278 |
Innesto Partners● Active | 0805.977.948 |
| 0400.554.075 | |
Pâris et Associés● Active | 0456.179.617 |
PENTONE CREATIONS● Active | 0568.751.283 |
PROSPECTIVE● Active | 0878.921.453 |
ReBel Invest● Active | 0758.395.983 |
RICHMOND PROPERTIES● Active | 0508.613.758 |
SOCIETE D'ETUDES ECONOMIQUES● Active | 0449.816.516 |
VINCADOM● Active | 0479.402.506 |
Financials
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 | 01/01/2025 | 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 | 10/06/2026 | 02/06/2025 | 03/06/2024 | 30/05/2023 | 31/05/2022 | 31/05/2021 |
| General meeting | 29/05/2026 | 30/05/2025 | 31/05/2024 | 26/05/2023 | 27/05/2022 | 28/05/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 29/05/2026 | 10/06/2026 | French | |
| Abridged model | 31/12/2024 | 30/05/2025 | 02/06/2025 | French | |
| Abridged model | 31/12/2023 | 31/05/2024 | 03/06/2024 | French | |
| Abridged model | 31/12/2022 | 26/05/2023 | 30/05/2023 | French | |
| Abridged model | 31/12/2021 | 27/05/2022 | 31/05/2022 | French | |
| Abridged model | 31/12/2020 | 28/05/2021 | 31/05/2021 | French | |
| Abridged model | 31/12/2019 | 29/05/2020 | 04/06/2020 | French | |
| Abridged model | 31/12/2018 | 31/05/2019 | 13/06/2019 | French | |
| Abridged model | 31/12/2017 | 25/05/2018 | 28/05/2018 | French | |
| Abridged model | 31/12/2016 | 26/05/2017 | 30/05/2017 | French | |
| Abridged model | 31/12/2015 | 27/05/2016 | 30/05/2016 | French | |
| Abridged model | 31/12/2014 | 29/05/2015 | 29/06/2015 | French | |
| Abridged model | 31/12/2013 | 30/05/2014 | 04/06/2014 | French | |
| Abridged model | 31/12/2012 | 31/05/2013 | 20/06/2013 | French | |
| Abridged model | 31/12/2011 | 25/05/2012 | 06/06/2012 | French | |
| Abridged model | 31/12/2010 | 27/05/2011 | 30/05/2011 | French | |
| Abridged model | 31/12/2009 | 18/06/2010 | 03/08/2010 | French | |
| Abridged model | 31/12/2008 | 19/06/2009 | 12/08/2009 | French | |
| Abridged model | 31/12/2007 | 30/05/2008 | 30/06/2008 | French | |
| Abridged model | 31/12/2006 | 25/05/2007 | 26/06/2007 | French |
Valuation
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.
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
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
Nelly SPAAS
ActiveEnded mandates
Nelly SPAAS
EndedNelly SPAAS
EndedJoffroy Haustraete
EndedJEAN-FRANCOIS DESTEXHE
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other04/10/2021STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
- Registered office29/09/2016SIEGE SOCIAL
- Mandates05/04/2013DEMISSIONS, NOMINATIONS
- Registered office05/08/2010SIEGE SOCIAL
- Mandates04/08/2010SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates11/08/2008DEMISSIONS, NOMINATIONS
- Registered office10/08/2007SIEGE SOCIAL
- Other28/11/2003RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202580,2 k €↓
- 2024Annual accounts 2024204,4 k €↑
- 2023Annual accounts 2023110,2 k €↓
- 2022Annual accounts 2022755,8 k €↑
- 2021Annual accounts 202159,9 k €↑
- 2020Annual accounts 202018,6 k €↑
- 2019Annual accounts 201915,6 k €↑
- 2018Annual accounts 2018-6,7 k €↓
- 2017Annual accounts 201717 k €↓
- 2016Annual accounts 201622,7 k €↓
- 2015Annual accounts 201530,5 k €↑
- 2014Annual accounts 201417,6 k €↑
- 2013Annual accounts 201314,1 k €↓
- 2012Annual accounts 201218,1 k €↑
- 2011Annual accounts 20118,6 k €↑
- 2010Annual accounts 2010-43,3 k €↓
- 2009Annual accounts 20091,9 k €↑
- 2008Annual accounts 2008-65 k €↓
- 2007Annual accounts 20071,9 k €↓
- 2006Annual accounts 20065,5 k €
- 21/11/2003IncorporationPrivate limited company