Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 9 to 6.6.
Financials
Financial year 2026
Papeteries AUBRY from Tubize, company number BE0423962056, closed financial year 2026 with a result of € 131,419 after tax. For that financial year Papeteries AUBRY recorded a gross margin of € 477,274 and equity of € 977,543. Compared with financial year 2025, the result moved from € 94,100 to € 131,419. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.
€ 977,543
▲ 10% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 131,419
▲ 40% vs 2025
Profit after tax over the fiscal year.
€ 120,461
▲ € 116,803 vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 40,000 paid out
30 % of the profit went to the shareholders, mostly to AX Project Management SRL (100 % of the shares). That is where the money ends up.
People and assets in 2026
6.6
▼ 0.8 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 212,587
▲ 3% vs 2025
€ 32,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,008
▲ 11% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 219,529
▼ 58% vs 2025
€ 116,784 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 73,291
▲ 10% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 27,301
▲ 15% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 1,728,140 | € 1,883,357 | € 2,013,397 | - | |
| Gross margin | € 335,138 | € 401,968 | € 428,933 | € 477,274 | ▲ 11% |
| Profit after taxes | € -56,818 | € 32,513 | € 94,100 | € 131,419 | ▲ 40% |
| Equity | € 796,510 | € 817,024 | € 886,124 | € 977,543 | ▲ 10% |
| Total debts | € 564,035 | € 765,783 | € 653,403 | € 497,065 | ▼ 24% |
| Cash | € 40,831 | € 39,003 | € 3,659 | € 120,461 | ▲ € 116,803 |
| Land & buildings | € 116,711 | € 117,003 | € 103,596 | € 89,580 | ▼ 14% |
| Retained profit | € 481,340 | € 470,336 | € 539,436 | € 630,855 | ▲ 17% |
| Dividend | € 0 | € 12,000 | € 25,000 | € 40,000 | ▲ 60% |
| Bank debt | € 236,285 | € 577,642 | € 527,980 | € 219,529 | ▼ 58% |
| Balance sheet total | € 1,360,545 | € 1,582,807 | € 1,539,527 | € 1,474,608 | ▼ 4% |
| Employees (FTE) | 8.7 | 9 | 7.4 | 6.6 | ▼ 0.8 |
Key figures of Papeteries AUBRY, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Papeteries AUBRY?
What happened at Papeteries AUBRY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 131,419 (▲ 40% vs 2025). Source: NBB ↗
- Alexis Degen became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Tubize. KBO
In short
From € 56,818 loss in 2023 to € 131,419 profit in 2026.
Paid € 70,993 in corporate taxes since 2023.
Best year ever: 2026, with € 131,419 profit.
On average € 72,300 of value added per employee in 2026.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Papeteries AUBRY is Alexis Degen. The shares are held by AX Project Management SRL (100%).
Directors
According to the 2026 annual accounts
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Maurice Maeterlinck 3
1480 Tubize
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
OVH, FR
Website info
Features
Security
Network
Details
- Company number
- 0423.962.056
- VAT number
- BE 0423.962.056
- Registered office
- Rue Maurice Maeterlinck 3, 1480 Tubize
- Names & denominations
- Papeteries AUBRY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 1983
- Peppol
- Active · Active since 15 Jan 2026
- Contact
- aubry.be
- Activities · NACE
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