What does Paepens do?

Paepens is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 15 October 1985, 1 establishment.

What is the address of Paepens?

The registered office of Paepens is located at Armand De Riemaeckerstraat 3 box 2, 9400 Ninove.

Is Paepens still active?

Yes. According to the CBE (30 October 2026) Paepens is active, legal situation “Normale toestand”, started on 15 October 1985.

Is Paepens registered on Peppol?

Yes, Paepens is registered on the Peppol network with ID 0208:0427801870.

What is the enterprise number of Paepens?

The enterprise number of Paepens is BE0427801870.

When was Paepens founded?

Paepens was founded on 15 October 1985.

Who are the directors of Paepens?

According to the 2025 annual accounts, the directors of Paepens are: Marianne Paepens, Alain Paepens, Marc Paepens, Michaël Paepens.

Is Paepens a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 October 1985; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Paepens make in 2025?

Paepens recorded a loss after taxes of € 90,782 in financial year 2025.

What is the revenue of Paepens?

As a small company, Paepens is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -237,626.

How much does an employee at Paepens earn?

The average wage cost per full-time employee at Paepens was € 75,100 in 2024: staff costs of € 773,478 for 10.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Paepens have?

According to the 2025 annual accounts, Paepens has 0 full-time equivalents (FTE).

Paepens (Public Limited) - Ninove - BE0427801870

Dossier Paepens, printed on 30 October 2026 from databakkes.be/en/0427801870/paepens. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Shrinking team NBB

FTE fell two years in a row, from 12.6 to 0.

Financials

Financial year 2025

Paepens from Ninove, company number BE0427801870, closed financial year 2025 with a result of € -90,782 after tax. For that financial year Paepens recorded a gross margin of € -237,626 and equity of € 895,975. Compared with financial year 2024, the result moved from € -1.1 million to € -90,782. 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 2, 2026.

What it is worth Healthy

€ 895,975

▼ 40% vs 2024

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

Loss Caution

€ -90,782

▲ 92 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 668,241

▲ 29% 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 € 742,112.

People and assets in 2025

Full-time equivalents

▼ 10.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1,497

▼ € 771,980 vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 8,904

▼ 93% vs 2024

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

Taxes

€ 6,059

▼ 85% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,431,054 Gross margin 2022: € 1,431,054 First fiscal year in the series	€ 1,345,792 Gross margin 2023: € 1,345,792 ▼ 6% vs 2022 (€ 1,431,054) Unfavourable step	€ -210,691 Gross margin 2024: € -210,691 ▼ € 1.6 million vs 2023 (€ 1,345,792) Unfavourable step	€ -237,626 Gross margin 2025: € -237,626 ▼ € 26,936 vs 2024 (€ -210,691) Unfavourable step	▼ € 26,936
Profit after taxes	€ 273,236 Profit after taxes 2022: € 273,236 First fiscal year in the series	€ 5,244 Profit after taxes 2023: € 5,244 ▼ 98% vs 2022 (€ 273,236) Unfavourable step	€ -1,071,836 Profit after taxes 2024: € -1,071,836 ▼ € 1.1 million vs 2023 (€ 5,244) Unfavourable step	€ -90,782 Profit after taxes 2025: € -90,782 ▲ € 981,054 vs 2024 (€ -1,071,836) Favourable step	▲ € 981,054
Equity	€ 5,953,350 Equity 2022: € 5,953,350 First fiscal year in the series	€ 5,958,594 Equity 2023: € 5,958,594 Unchanged (€ 5,953,350) Favourable step	€ 1,486,757 Equity 2024: € 1,486,757 ▼ 75% vs 2023 (€ 5,958,594) Unfavourable step	€ 895,975 Equity 2025: € 895,975 ▼ 40% vs 2024 (€ 1,486,757) Unfavourable step	▼ 40%
Total debts	€ 678,085 Total debts 2022: € 678,085 First fiscal year in the series	€ 772,034 Total debts 2023: € 772,034 ▲ 14% vs 2022 (€ 678,085) Unfavourable step	€ 162,799 Total debts 2024: € 162,799 ▼ 79% vs 2023 (€ 772,034) Favourable step	€ 14,964 Total debts 2025: € 14,964 ▼ 91% vs 2024 (€ 162,799) Favourable step	▼ 91%
Cash	€ 304,269 Cash 2022: € 304,269 First fiscal year in the series	€ 640,274 Cash 2023: € 640,274 ▲ 110% vs 2022 (€ 304,269) Favourable step	€ 517,373 Cash 2024: € 517,373 ▼ 19% vs 2023 (€ 640,274) Unfavourable step	€ 668,241 Cash 2025: € 668,241 ▲ 29% vs 2024 (€ 517,373) Favourable step	▲ 29%
Retained profit	€ 5,799,488 Retained profit 2022: € 5,799,488 First fiscal year in the series	€ 5,804,731 Retained profit 2023: € 5,804,731 Unchanged (€ 5,799,488) Favourable step	€ 1,332,895 Retained profit 2024: € 1,332,895 ▼ 77% vs 2023 (€ 5,804,731) Unfavourable step	€ 742,112 Retained profit 2025: € 742,112 ▼ 44% vs 2024 (€ 1,332,895) Unfavourable step	▼ 44%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 3,400,000 Dividend 2024: € 3,400,000 Unchanged (€ 0) Unchanged	€ 500,000 Dividend 2025: € 500,000 ▼ 85% vs 2024 (€ 3,400,000) Unchanged	▼ 85%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 160,253 Bank debt 2023: € 160,253 Unchanged (€ 0) Unfavourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 160,253) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 6,631,435 Balance sheet total 2022: € 6,631,435 First fiscal year in the series	€ 6,730,628 Balance sheet total 2023: € 6,730,628 ▲ 1% vs 2022 (€ 6,631,435) Unchanged	€ 1,649,556 Balance sheet total 2024: € 1,649,556 ▼ 75% vs 2023 (€ 6,730,628) Unchanged	€ 910,938 Balance sheet total 2025: € 910,938 ▼ 45% vs 2024 (€ 1,649,556) Unchanged	▼ 45%
Employees (FTE)	12.4 Employees (FTE) 2022: 12.4 First fiscal year in the series	12.6 Employees (FTE) 2023: 12.6 ▲ 0.2 vs 2022 (12.4) Unchanged	10.3 Employees (FTE) 2024: 10.3 ▼ 2.3 vs 2023 (12.6) Unchanged	0 Employees (FTE) 2025: 0 ▼ 10.3 vs 2024 (10.3) Unchanged	▼ 10.3

Key figures of Paepens, 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 Paepens?

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

2030 Marianne Paepens stepped down as director. NBB
2030 Marc Paepens stepped down as director. NBB
2030 Michaël Paepens stepped down as director. NBB
2030 Alain Paepens stepped down as director. NBB
Jul 2, 2026 New annual accounts for financial year 2025: loss of € 90,782. Source: NBB ↗
2012 Marianne Paepens became a director. NBB
2012 Alain Paepens became a director. NBB
2012 Marc Paepens became a director. NBB

In short

From € 273,236 profit in 2022 to € 90,782 loss in 2025.

Paid € 181,073 in corporate taxes since 2022.

Best year ever: 2022, with € 273,236 profit.

On average € 106,800 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

JAGHI 100%

The stake of JAGHI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Paepens

The shares are held by JAGHI (100%).

Directors

According to the 2025 annual accounts

Marianne Paepens

Managing director

Also active at: JAGHI, JAGIBO, BOPAEP

since 2012 · until 2030

Alain Paepens

Director

Also active at: JAGHI, JAGIBO, BOPAEP

since 2012 · until 2030

Marc Paepens

Director

Also active at: JAGHI, JAGIBO, BOPAEP

since 2012 · until 2030

Michaël Paepens

Managing director

Also active at: JAGHI, JAGIBO, BOPAEP

since 2012 · until 2030

Shareholders

JAGHI

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Armand De Riemaeckerstraat 3 box 2

9400 Ninove

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

JAGHI same network

€ -3,630 gross margin · 2025

JAGIBO same network

€ 56,387 gross margin · 2025

BOPAEP same network

€ 155,724 gross margin · 2025

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

Details

Company number: 0427.801.870
VAT number: BE 0427.801.870
Registered office: Armand De Riemaeckerstraat 3 bus 2, 9400 Ninove
Names & denominations: Paepens
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 15 October 1985
Peppol: Active · Active since 21 Oct 2026
Activities · NACE: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

View on CBE Public ↗ Annual accounts (NBB) ↗

Paepens

Warning lights

Financials

What happened to Paepens?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions