Financials
Financial year 2026
PaperAs from Gerpinnes, company number BE0428664576, closed financial year 2026 with a result of € 52,224 after tax. For that financial year PaperAs recorded a gross margin of € 231,349 and equity of € 131,431. Compared with financial year 2025, the result moved from € 41,493 to € 52,224. 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 August 31, 2026.
€ 131,431
▲ 6% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 52,224
▲ 26% vs 2025
Profit after tax over the fiscal year.
€ 71,793
▲ 1% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 45,020 paid out
86 % of the profit went to the shareholders, mostly to ISACOR (100 % of the shares). That is where the money ends up.
People and assets in 2026
€ 150,662
▲ 15% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,567
▲ 105% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 103,224
▲ 267% vs 2025
€ 8,631 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 90,808
▲ 30% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 19,987
▼ 24% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 161,288 | € 161,934 | € 196,643 | € 231,349 | ▲ 18% |
| Profit after taxes | € 30,804 | € 30,248 | € 41,493 | € 52,224 | ▲ 26% |
| Equity | € 129,145 | € 127,393 | € 124,226 | € 131,431 | ▲ 6% |
| Total debts | € 314,829 | € 146,095 | € 128,355 | € 219,201 | ▲ 71% |
| Cash | € 55,321 | € 92,363 | € 71,287 | € 71,793 | ▲ 1% |
| Retained profit | € 67,145 | € 65,393 | € 62,226 | € 69,431 | ▲ 12% |
| Dividend | € 24,000 | € 32,000 | € 44,660 | € 45,020 | ▲ 1% |
| Bank debt | € 17,069 | € 40,357 | € 28,148 | € 103,224 | ▲ 267% |
| Balance sheet total | € 443,974 | € 273,488 | € 252,581 | € 350,631 | ▲ 39% |
| Employees (FTE) | 3.1 | - | - | - |
Key figures of PaperAs, 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 PaperAs?
What happened at PaperAs in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 52,224 (▲ 26% vs 2025). Source: NBB ↗
- ISACOR SRL became a director. NBB
- New establishment in Gerpinnes. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,804 profit in 2023 to € 52,224 profit in 2026.
Paid € 43,103 in corporate taxes since 2023.
Best year ever: 2026, with € 52,224 profit.
On average € 52,000 of value added per employee in 2023.
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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
The stake of ISACOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PaperAsBehind PaperAs is ISACOR SRL. The shares are held by ISACOR (100%).
Directors
According to the 2026 annual accounts
Director
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Astrid(GER) 3-5
6280 Gerpinnes
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0428.664.576
- VAT number
- BE 0428.664.576
- Registered office
- Avenue Astrid(GER) 3-5, 6280 Gerpinnes
- Names & denominations
- PaperAs
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 1986
- Peppol
- Active · Active since 4 Apr 2025
- Activities · NACE
Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
Detailhandel in kranten en andere tijdschriften
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels
Detailhandel in uurwerken en sieraden
Detailhandel in spellen en speelgoed
Detailhandel in lederwaren en reisartikelen
Gespecialiseerde detailhandel in uurwerken en sieradenhorloges en sieraden
Gespecialiseerde detailhandel in spellen en speelgoed
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