ACTIVE

PAPIL

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Financial year 2024 · closed on 31/12/2024

Net result

9,1 k €

-24.3% YoY

Gross margin

22,5 k €

-18.5% YoY

Equity

195,4 k €

+4.9% YoY

What does PAPIL do?

PAPIL is a Private company with limited liability incorporated in 2004. Its main activity is: Photographic activities. Its registered office is in Beveren-Kruibeke-Zwijndrecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0864.123.213

Incorporation

18/03/2004

Legal form

Private company with limited liability

Registered office

Polderweg 22
9120 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Activities (NACE)

74201Photographic activities· main 74201Photographic activities 74811Other professional, scientific and technical activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	22,5 k €	-18.5%	27,6 k €	-49.7%	54,9 k €	+39.7%	39,3 k €	+26.4%	31,1 k €	+25.9%	24,7 k €	+97.6%	12,5 k €	-33.7%	18,8 k €	-42.2%	32,6 k €	+46.8%	22,2 k €	-53.9%	48,2 k €	-30.6%	69,5 k €	+34.2%	51,7 k €	-25.6%	69,6 k €	+0.2%	69,5 k €	+152%	27,6 k €	-15.1%	32,5 k €	-6.4%	34,7 k €
EBITDA	20,7 k €	-21.9%	26,5 k €	-50.9%	53,9 k €	+44.7%	37,3 k €	+23.1%	30,3 k €	+102%	15 k €	+179%	5,4 k €	-67.1%	16,3 k €	-35.0%	25,1 k €	+23.6%	20,3 k €	-55.2%	45,3 k €	-33.3%	68 k €	+35.5%	50,2 k €	-26.1%	67,9 k €	+1.5%	66,9 k €	+151%	26,7 k €	-11.3%	30,1 k €	-11.5%	34 k €
Operating result	14,8 k €	-28.7%	20,8 k €	-36.4%	32,6 k €	+118%	15 k €	+66.2%	9 k €	+243%	-6,3 k €	-718%	1 k €	-81.6%	5,6 k €	-59.7%	13,8 k €	+52.4%	9,1 k €	-70.6%	30,9 k €	-42.6%	53,8 k €	+58.2%	34 k €	-29.9%	48,5 k €	+4.9%	46,3 k €	+210%	14,9 k €	-4.0%	15,5 k €	-21.8%	19,9 k €
Net result	9,1 k €	-24.3%	12 k €	-48.8%	23,5 k €	+145%	9,6 k €	+196%	3,2 k €	+140%	-8,1 k €	-281%	-2,1 k €	-185%	2,5 k €	-75.2%	10 k €	+66.6%	6 k €	-72.9%	22,3 k €	-36.7%	35,2 k €	+64.0%	21,4 k €	-27.4%	29,5 k €	-10.9%	33,2 k €	+226%	10,2 k €	+12.2%	9,1 k €	-39.4%	15 k €
Balance sheet
Equity	195,4 k €	+4.9%	186,3 k €	+6.9%	174,3 k €	-1.4%	176,8 k €	+5.7%	167,2 k €	+2.0%	164 k €	-4.7%	172 k €	-1.2%	174,2 k €	-6.5%	186,2 k €	+5.7%	176,1 k €	+3.5%	170,1 k €	+15.1%	147,8 k €	+31.2%	112,7 k €	-5.5%	119,2 k €	+32.9%	89,7 k €	+43.5%	62,5 k €	+19.4%	52,3 k €	+20.9%	43,3 k €
Total assets	228,6 k €	-1.8%	232,9 k €	+2.6%	227,1 k €	-1.8%	231,3 k €	+0.8%	229,5 k €	-2.1%	234,6 k €	+4.8%	223,8 k €	+2.0%	219,4 k €	-5.7%	232,6 k €	-3.8%	241,7 k €	-0.3%	242,5 k €	+35.7%	178,7 k €	+14.1%	156,6 k €	+6.0%	147,8 k €	+14.7%	128,8 k €	+6.8%	120,7 k €	+27.2%	94,8 k €	+22.8%	77,2 k €
Cash	41,4 k €	+14.2%	36,3 k €	-35.6%	56,4 k €	+13.7%	49,6 k €	+66.0%	29,9 k €	+315%	7,2 k €	-77.4%	31,9 k €	+24.9%	25,5 k €	-4.3%	26,6 k €	-0.9%	26,9 k €	-45.1%	49 k €	+31.3%	37,3 k €	+44.3%	25,9 k €	+668%	3,4 k €	-79.5%	16,4 k €	-10.6%	18,4 k €	+420%	3,5 k €	-80.6%	18,2 k €
Debts	33,2 k €	-28.7%	46,6 k €	+26.0%	37 k €	-32.1%	54,5 k €	-12.6%	62,3 k €	-11.7%	70,6 k €	+36.4%	51,7 k €	+14.4%	45,2 k €	-1.2%	45,8 k €	-29.9%	65,4 k €	-8.6%	71,5 k €	+143%	29,5 k €	-30.6%	42,5 k €	+56.5%	27,1 k €	-30.6%	39,1 k €	-32.7%	58,1 k €	+36.9%	42,5 k €	+32.8%	32 k €

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 31/12/2024 · 2 active · 6 ended

Active mandates

Grietje Uytdenhouwen

Director

Active

Kris Vlegels

Director

Active

Ended mandates

Grietje Uytdenhouwen

Administrator - manager · since 22 février 2010

Ended

Kris Vlegels

Administrator - manager · since 08 mars 2004

Ended

Grietje Uytdenhouwen

Manager

Ended

Kris Vlegels

Mandate

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/09/2025	30/08/2024	29/08/2023	14/10/2022	18/10/2021	20/11/2020
General meeting	14/06/2025	08/06/2024	10/06/2023	11/06/2022	12/06/2021	13/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	14/06/2025	23/09/2025	Dutch	PDF
Micro model	31/12/2023	08/06/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	10/06/2023	29/08/2023	Dutch	PDF
Micro model	31/12/2021	11/06/2022	14/10/2022	Dutch	PDF
Micro model	31/12/2020	12/06/2021	18/10/2021	Dutch	PDF
Micro model	31/12/2019	13/06/2020	20/11/2020	Dutch	PDF
Micro model	31/12/2018	08/06/2019	09/10/2019	Dutch	PDF
Micro model	31/12/2017	09/06/2018	27/08/2018	Dutch	PDF
Micro model	31/12/2016	10/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	15/06/2016	Dutch	PDF
Abridged model	31/12/2014	13/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	22/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	05/07/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	09/06/2007	25/06/2007	Dutch	PDF

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 31/12/2024 · 2 active · 6 ended

Active mandates

Grietje Uytdenhouwen

Director

Active

Kris Vlegels

Director

Active

Ended mandates

Grietje Uytdenhouwen

Administrator - manager · since 22 février 2010

Ended

Kris Vlegels

Administrator - manager · since 08 mars 2004

Ended

Grietje Uytdenhouwen

Manager

Ended

Kris Vlegels

Mandate

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 20249,1 k €↓
2023
Annual accounts 202312 k €↓
2022
Annual accounts 202223,5 k €↑
2021
Annual accounts 20219,6 k €↑
2020
Annual accounts 20203,2 k €↑
2019
Annual accounts 2019-8,1 k €↓
2018
Annual accounts 2018-2,1 k €↓
2017
Annual accounts 20172,5 k €↓
2016
Annual accounts 201610 k €↑
2015
Annual accounts 20156 k €↓
2014
Annual accounts 201422,3 k €↓
2013
Annual accounts 201335,2 k €↑
2012
Annual accounts 201221,4 k €↓
2011
Annual accounts 201129,5 k €↓
2010
Annual accounts 201033,2 k €↑
2009
Annual accounts 200910,2 k €↑
2008
Annual accounts 20089,1 k €↓
2007
Annual accounts 200715 k €
18/03/2004
IncorporationPrivate company with limited liability

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

PAPIL

Overview

What does PAPIL do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline