Financials
Financial year 2025
ARMANDO PAPA'S 1648 from Sint-Gillis-Waas, company number BE0431485989, closed financial year 2025 with a result of € 5,032 after tax. For that financial year ARMANDO PAPA'S 1648 recorded a gross margin of € 209,120 and equity of € 152,702. Compared with financial year 2024, the result moved from € 55,536 to € 5,032. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 152,702
▼ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,032
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 58,181
▼ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 148,479 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
3.4
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 156,713
▲ 57% vs 2024
€ 46,100 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.
€ 1,918
▼ 93% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 125,000
Loans from banks and other lenders, long and short.
€ 259,293
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 50,724
▲ 61% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 155,293 | € 266,829 | € 227,390 | € 209,120 | ▼ 8% |
| Profit after taxes | € 23,019 | € 69,780 | € 55,536 | € 5,032 | ▼ 91% |
| Equity | € 295,873 | € 241,446 | € 296,149 | € 152,702 | ▼ 48% |
| Total debts | € 486,425 | € 477,323 | € 458,884 | € 436,555 | ▼ 5% |
| Cash | € 91,286 | € 124,051 | € 195,557 | € 58,181 | ▼ 70% |
| Land & buildings | € 28,911 | € 16,414 | € 3,916 | - | |
| Retained profit | € 245,873 | € 240,446 | € 295,149 | € 151,702 | ▼ 49% |
| Dividend | € 47,753 | € 75,207 | € 833 | € 148,479 | ▲ € 147,646 |
| Bank debt | € 125,000 | € 125,000 | € 125,000 | € 125,000 | |
| Balance sheet total | € 782,298 | € 718,768 | € 755,033 | € 589,257 | ▼ 22% |
| Employees (FTE) | 2.5 | 3.1 | 3.1 | 3.4 | ▲ 0.3 |
Key figures of ARMANDO PAPA'S 1648, 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 ARMANDO PAPA'S 1648?
What happened at ARMANDO PAPA'S 1648 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,032 (▼ 91% vs 2024). filed late Source: NBB ↗
- Nadine Bressinck became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,019 profit in 2022 to € 5,032 profit in 2025.
Paid € 64,558 in corporate taxes since 2022.
Best year ever: 2023, with € 69,780 profit.
On average € 61,500 of value added per employee in 2025.
Management
Behind ARMANDO PAPA'S 1648 are Nadine Bressinck and Bart Van Der Heyden. The same people are also behind BELGIL.
Establishments
Establishment units
Physical locations of this company
Blokstraat(SGW) 98
9170 Sint-Gillis-Waas
Kielsbroek 4
2020 Antwerpen
Active since 12 August 1987
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.
Details
- Company number
- 0431.485.989
- VAT number
- BE 0431.485.989
- Registered office
- Blokstraat(SGW) 98, 9170 Sint-Gillis-Waas
- Names & denominations
- ARMANDO PAPA'S 1648
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1987
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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Groothandel in groenten en fruit