Financials
Financial year 2024
ARMANDO PAPA'S 1648 from Sint-Gillis-Waas, company number BE0431485989, closed financial year 2024 with a result of € 55,536 after tax. For that financial year ARMANDO PAPA'S 1648 recorded a gross margin of € 227,390 and equity of € 296,149. Compared with financial year 2023, the result moved from € 69,780 to € 55,536. The company is profitable. 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 July 29, 2025.
€ 296,149
▲ 23% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,536
▼ 20% vs 2023
Profit after tax over the fiscal year.
€ 195,557
▲ 58% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
1 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
3.1
Average over the fiscal year, from the social balance sheet.
€ 100,027
▼ 18% vs 2023
€ 32,300 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.
€ 26,295
▼ 36% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 125,000
Loans from banks and other lenders, long and short.
€ 300,494
▲ 15% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 31,556
▼ 28% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 162,470 | € 155,293 | € 266,829 | € 227,390 | ▼ 15% |
| Profit after taxes | € 31,691 | € 23,019 | € 69,780 | € 55,536 | ▼ 20% |
| Equity | € 320,606 | € 295,873 | € 241,446 | € 296,149 | ▲ 23% |
| Total debts | € 327,132 | € 486,425 | € 477,323 | € 458,884 | ▼ 4% |
| Cash | € 60,157 | € 91,286 | € 124,051 | € 195,557 | ▲ 58% |
| Land & buildings | € 41,409 | € 28,911 | € 16,414 | € 3,916 | ▼ 76% |
| Retained profit | € 270,606 | € 245,873 | € 240,446 | € 295,149 | ▲ 23% |
| Dividend | € 0 | € 47,753 | € 75,207 | € 833 | ▼ 99% |
| Bank debt | € 125,000 | € 125,000 | € 125,000 | € 125,000 | |
| Balance sheet total | € 647,738 | € 782,298 | € 718,768 | € 755,033 | ▲ 5% |
| Employees (FTE) | 2.6 | 2.5 | 3.1 | 3.1 |
Key figures of ARMANDO PAPA'S 1648, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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 2024: profit of € 55,536 (▼ 20% vs 2023). 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 € 31,691 profit in 2021 to € 55,536 profit in 2024.
Paid € 72,388 in corporate taxes since 2021.
Best year ever: 2023, with € 69,780 profit.
On average € 73,400 of value added per employee in 2024.
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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 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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