NORMAL SITUATION

pap immo

Financial year 2021 · closed on 31/12/2021
Net result
14,1 k €
+13.8% YoY
Gross margin
20 k €
-2.7% YoY
Equity
25,1 k €
+129.3% YoY

Company — Normal situation.

What does pap immo do?

pap immo is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0893.168.674
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/12/2021
Joint committees (1)
  • 323
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20212020201920182017201620152014201320122011201020092008
Income statement
Gross margin20 k €20,5 k €15,3 k €14,6 k €12,5 k €12,5 k €11,3 k €5,9 k €5,8 k €-2,6 k €-2,5 k €54,9 k €-5,4 k €-3,1 k €
EBITDA19,1 k €17,5 k €-538 €2,9 k €1,3 k €1,4 k €268 €-5,1 k €-4,6 k €-2,6 k €-2,5 k €54,5 k €-6,5 k €-4 k €
Operating result19,1 k €17,5 k €-538 €1,9 k €344 €534 €-32 €-5,4 k €-4,9 k €-2,6 k €-2,5 k €54,5 k €-6,5 k €-31,2 k €
Net result14,1 k €12,4 k €-1,7 k €734 €30 €246 €-187 €-5,6 k €-5 k €-2,7 k €-2,5 k €51,9 k €-13,7 k €-41,7 k €
Balance sheet
Equity25,1 k €10,9 k €-1,5 k €186 €-548 €-578 €-824 €-637 €4,9 k €9,9 k €12,6 k €15,1 k €-36,8 k €-23,1 k €
Total assets62,6 k €48,1 k €8,4 k €32,9 k €26,5 k €25,8 k €17,3 k €10,9 k €8,3 k €10,7 k €14,2 k €33,7 k €253,5 k €234,8 k €
Cash1,5 k €43 €204 €3,3 k €7,4 k €7,5 k €6,6 k €14,2 k €32 k €8 k €
Debts37,5 k €37,2 k €6,1 k €32,7 k €27,1 k €26,4 k €18,2 k €11,6 k €3,4 k €750 €1,6 k €18,5 k €289,8 k €256,8 k €
Other
Workforce0,3 ETP0,3 ETP0,3 ETP0,3 ETP0,3 ETP0,3 ETP
Governance

Board of directors

Seen on filing of 31/12/2021 · 3 active · 8 ended

Active mandates

David Vancoillie

Director · since 30 juillet 2021

Active
Parte

Director · since 30 juillet 2021 · 0758.366.982

Represented by Lathouwers PIETER

Active
Vincent Couet

Director · since 29 mai 2020

Active

Ended mandates

Axel ARNOULD

Mandate

Ended
AXEL ARNOULD

Manager

Ended
Marianne Balle

Mandate

Ended
Pascal SYOEN

Mandate

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202226/08/202126/06/202002/07/201923/07/201827/07/2017
General meeting24/06/202225/06/202126/06/202028/06/201929/06/201830/06/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202124/06/202231/08/2022FrenchPDF
Micro model31/12/202025/06/202126/08/2021FrenchPDF
Micro model31/12/201926/06/202026/06/2020FrenchPDF
Abridged model31/12/201828/06/201902/07/2019FrenchPDF
Abridged model31/12/201729/06/201823/07/2018FrenchPDF
Abridged model31/12/201630/06/201727/07/2017FrenchPDF
Abridged model31/12/201524/06/201624/06/2016FrenchPDF
Abridged model31/12/201426/06/201514/07/2015FrenchPDF
Abridged model31/12/201327/06/201423/07/2014FrenchPDF
Abridged model31/12/201228/06/201311/07/2013FrenchPDF
Abridged model31/12/201129/06/201226/07/2012FrenchPDF
Abridged model31/12/201024/06/201130/06/2011FrenchPDF
Abridged model31/12/200916/07/201002/08/2010FrenchPDF
Abridged model31/12/200817/07/200917/08/2009FrenchPDF
Estimate

Indicative valuation

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 31/12/2021 · 3 active · 8 ended

Active mandates

David Vancoillie

Director · since 30 juillet 2021

Active
Parte

Director · since 30 juillet 2021 · 0758.366.982

Represented by Lathouwers PIETER

Active
Vincent Couet

Director · since 29 mai 2020

Active

Ended mandates

Axel ARNOULD

Mandate

Ended
AXEL ARNOULD

Manager

Ended
Marianne Balle

Mandate

Ended
Pascal SYOEN

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

Timeline

  1. 2021
    Annual accounts 202114,1 k €
  2. 2020
    Annual accounts 202012,4 k €
  3. 2019
    Annual accounts 2019-1,7 k €
  4. 2018
    Annual accounts 2018734 €
  5. 2017
    Annual accounts 201730 €
  6. 2016
    Annual accounts 2016246 €
  7. 2015
    Annual accounts 2015-187 €
  8. 2014
    Annual accounts 2014-5,6 k €
  9. 2013
    Annual accounts 2013-5 k €
  10. 2012
    Annual accounts 2012-2,7 k €
  11. 2011
    Annual accounts 2011-2,5 k €
  12. 2010
    Annual accounts 201051,9 k €
  13. 2009
    Annual accounts 2009-13,7 k €
  14. 2008
    Annual accounts 2008-41,7 k €