Financials
Financial year 2025
PAPRIVERM from Diest, company number BE0437508897, closed financial year 2025 with a result of € -229,745 after tax. For that financial year PAPRIVERM recorded a gross margin of € 1.4 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 178,691 to € -229,745. The company made a loss. 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.
€ 2.2 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -229,745
▼ still € 178,691 profit in 2024
Profit after tax over the fiscal year.
€ 255,824
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.4 million.
People and assets in 2025
19.9
▲ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 835,769
▲ 20% vs 2024
€ 42,000 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.
€ 70,185
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.6 million
▲ 27% vs 2024
€ 436,882 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 328,597
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 99,412
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,683,812 | € 2,613,132 | € 1,488,335 | € 1,355,300 | ▼ 9% |
| Profit after taxes | € 314,626 | € 885,757 | € 178,691 | € -229,745 | ▼ € 408,436 |
| Equity | € 1,967,995 | € 2,241,990 | € 2,408,919 | € 2,172,034 | ▼ 10% |
| Total debts | € 2,970,295 | € 2,739,688 | € 3,519,521 | € 4,200,613 | ▲ 19% |
| Cash | € 186,693 | € 51,855 | € 349,572 | € 255,824 | ▼ 27% |
| Land & buildings | € 1,346,505 | € 1,127,093 | € 2,784,364 | € 3,321,508 | ▲ 19% |
| Retained profit | € 608,652 | € 1,476,924 | € 1,655,615 | € 1,425,870 | ▼ 14% |
| Dividend | € 0 | € 17,486 | € 0 | € 0 | |
| Bank debt | € 2,588,685 | € 2,139,907 | € 2,869,680 | € 3,634,994 | ▲ 27% |
| Balance sheet total | € 4,945,572 | € 4,988,340 | € 5,934,483 | € 6,378,315 | ▲ 7% |
| Employees (FTE) | 16.3 | 17.3 | 16.7 | 19.9 | ▲ 3.2 |
Key figures of PAPRIVERM, 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 PAPRIVERM?
What happened at PAPRIVERM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 229,745 (▼ € 408,436 vs 2024). filed late Source: NBB ↗
- New establishment in Diest. KBO
- Start of the company according to the CBE. KBO
In short
From € 314,626 profit in 2022 to € 229,745 loss in 2025.
Paid € 457,179 in corporate taxes since 2022.
Best year ever: 2023, with € 885,757 profit.
On average € 68,100 of value added per employee in 2025.
Management
Behind PAPRIVERM are Tom Vermeiren and Lien Vermeiren. Tom Vermeiren is also behind PAPRI-INVEST.
Directors
According to the 2025 annual accounts
Lien Vermeiren
Director
Establishments
Establishment units
Physical locations of this company
Broekstraat 55
3294 Diest
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
- 0437.508.897
- VAT number
- BE 0437.508.897
- Registered office
- Broekstraat 55, 3294 Diest
- Names & denominations
- PAPRIVERM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 1989
- Peppol
- Active · Active since 18 Dec 2024
- Activities · NACE
Teelt van groenten, meloenen en wortel- en knolgewassen
Overige zakelijke dienstverlening, neg
Overige zakelijke dienstverlening, n.e.g.
Productie van elektriciteit uit niet-hernieuwbare bronnen
Algemene elektrotechnische installatiewerken
Teelt van specerijgewassen en van aromatische en medicinale gewassen
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit