What does Papengoed do?

Papengoed is a property company in Waasmunster. Private Limited, started on 27 December 1983, 1 establishment.

What is the address of Papengoed?

The registered office of Papengoed is located at Vinkenlaan 34, 9250 Waasmunster.

Is Papengoed still active?

Yes. According to the CBE (31 October 2026) Papengoed is active, legal situation “Normale toestand”, started on 27 December 1983.

Is Papengoed registered on Peppol?

Yes, Papengoed is registered on the Peppol network with ID 0208:0426030730.

What is the enterprise number of Papengoed?

The enterprise number of Papengoed is BE0426030730.

When was Papengoed founded?

Papengoed was founded on 27 December 1983.

Who are the directors of Papengoed?

According to the 2025 annual accounts, the directors of Papengoed are: Sabine De Bauw.

Is Papengoed a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 December 1983; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Papengoed make in 2025?

Papengoed recorded a loss after taxes of € 7,872 in financial year 2025.

What is the revenue of Papengoed?

As a small company, Papengoed is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 13,486.

Papengoed (Private Limited) - Waasmunster - BE0426030730

Dossier Papengoed, printed on 31 October 2026 from databakkes.be/en/0426030730/papengoed. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Papengoed from Waasmunster, company number BE0426030730, closed financial year 2025 with a result of € -7,872 after tax. For that financial year Papengoed recorded a gross margin of € 13,486 and equity of € 85,784. Compared with financial year 2024, the result moved from € 24,454 to € -7,872. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.

What it is worth Healthy

€ 85,784

▼ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -7,872

▼ still € 24,454 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8,969

▼ 75% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 67,184.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 4,000

▼ 44% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 32,895 Gross margin 2022: € 32,895 First fiscal year in the series	€ 22,185 Gross margin 2023: € 22,185 ▼ 33% vs 2022 (€ 32,895) Unfavourable step	€ 57,066 Gross margin 2024: € 57,066 ▲ 157% vs 2023 (€ 22,185) Favourable step	€ 13,486 Gross margin 2025: € 13,486 ▼ 76% vs 2024 (€ 57,066) Unfavourable step	▼ 76%
Profit after taxes	€ 12,532 Profit after taxes 2022: € 12,532 First fiscal year in the series	€ 5,132 Profit after taxes 2023: € 5,132 ▼ 59% vs 2022 (€ 12,532) Unfavourable step	€ 24,454 Profit after taxes 2024: € 24,454 ▲ € 19,323 vs 2023 (€ 5,132) Favourable step	€ -7,872 Profit after taxes 2025: € -7,872 ▼ € 32,326 vs 2024 (€ 24,454) Unfavourable step	▼ € 32,326
Equity	€ 126,949 Equity 2022: € 126,949 First fiscal year in the series	€ 110,773 Equity 2023: € 110,773 ▼ 13% vs 2022 (€ 126,949) Unfavourable step	€ 93,656 Equity 2024: € 93,656 ▼ 15% vs 2023 (€ 110,773) Unfavourable step	€ 85,784 Equity 2025: € 85,784 ▼ 8% vs 2024 (€ 93,656) Unfavourable step	▼ 8%
Total debts	€ 47,199 Total debts 2022: € 47,199 First fiscal year in the series	€ 48,938 Total debts 2023: € 48,938 ▲ 4% vs 2022 (€ 47,199) Unfavourable step	€ 73,619 Total debts 2024: € 73,619 ▲ 50% vs 2023 (€ 48,938) Unfavourable step	€ 49,979 Total debts 2025: € 49,979 ▼ 32% vs 2024 (€ 73,619) Favourable step	▼ 32%
Cash	€ 41,751 Cash 2022: € 41,751 First fiscal year in the series	€ 30,299 Cash 2023: € 30,299 ▼ 27% vs 2022 (€ 41,751) Unfavourable step	€ 35,730 Cash 2024: € 35,730 ▲ 18% vs 2023 (€ 30,299) Favourable step	€ 8,969 Cash 2025: € 8,969 ▼ 75% vs 2024 (€ 35,730) Unfavourable step	▼ 75%
Land & buildings	€ 119,728 Land & buildings 2022: € 119,728 First fiscal year in the series	€ 114,436 Land & buildings 2023: € 114,436 ▼ 4% vs 2022 (€ 119,728) Unchanged	€ 115,508 Land & buildings 2024: € 115,508 ▲ 1% vs 2023 (€ 114,436) Unchanged	€ 109,809 Land & buildings 2025: € 109,809 ▼ 5% vs 2024 (€ 115,508) Unchanged	▼ 5%
Retained profit	€ 108,349 Retained profit 2022: € 108,349 First fiscal year in the series	€ 92,173 Retained profit 2023: € 92,173 ▼ 15% vs 2022 (€ 108,349) Unfavourable step	€ 75,056 Retained profit 2024: € 75,056 ▼ 19% vs 2023 (€ 92,173) Unfavourable step	€ 67,184 Retained profit 2025: € 67,184 ▼ 10% vs 2024 (€ 75,056) Unfavourable step	▼ 10%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 21,307 Dividend 2023: € 21,307 Unchanged (€ 0) Unchanged	€ 41,571 Dividend 2024: € 41,571 ▲ 95% vs 2023 (€ 21,307) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 41,571) Unchanged	▼ 100%
Balance sheet total	€ 174,148 Balance sheet total 2022: € 174,148 First fiscal year in the series	€ 159,711 Balance sheet total 2023: € 159,711 ▼ 8% vs 2022 (€ 174,148) Unchanged	€ 167,276 Balance sheet total 2024: € 167,276 ▲ 5% vs 2023 (€ 159,711) Unchanged	€ 135,763 Balance sheet total 2025: € 135,763 ▼ 19% vs 2024 (€ 167,276) Unchanged	▼ 19%

Key figures of Papengoed, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Papengoed?

What happened at Papengoed in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 22, 2026 New annual accounts for financial year 2025: loss of € 7,872 (▼ € 32,326 vs 2024). Source: NBB ↗
Dec 27, 1983 New establishment in Waasmunster. KBO
Dec 27, 1983 Start of the company according to the CBE. KBO

In short

From € 12,532 profit in 2022 to € 7,872 loss in 2025.

Paid € 20,072 in corporate taxes since 2022.

Best year ever: 2024, with € 24,454 profit.

Paid out € 62,878 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Sabine De Bauw

Papengoed

Behind Papengoed is Sabine De Bauw.

Directors

According to the 2025 annual accounts

Sabine De Bauw

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Vinkenlaan 34

9250 Waasmunster

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0426.030.730
VAT number: BE 0426.030.730
Registered office: Vinkenlaan 34, 9250 Waasmunster
Names & denominations: Papengoed
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 27 December 1983
Peppol: Active · Active since 3 Feb 2026
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗