Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
36 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PAPAROTI & Co from Antwerpen, company number BE0448488408, closed financial year 2025 with a result of € -362,610 after tax. For that financial year PAPAROTI & Co recorded a gross margin of € 320,220 and equity of € 3.9 million. Compared with financial year 2024, the result moved from € -237,459 to € -362,610. 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 October 13, 2026.
€ 3.9 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -362,610
▼ 53 % more loss than in 2024
Profit after tax over the fiscal year.
€ 16,720
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.8 million.
People and assets in 2025
2.4
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 104,774
▲ 35% vs 2024
€ 43,700 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.
€ 46,923
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13.5 million
▼ 4% vs 2024
€ 351,044 is repaid this year. At this pace the long-term loan is gone in ≈ 38 years.
€ 779,218
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,461
▲ 35% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 766,873 | € 739,487 | € 679,476 | € 320,220 | ▼ 53% |
| Profit after taxes | € -157,137 | € -256,579 | € -237,459 | € -362,610 | ▼ € 125,151 |
| Equity | € 4,781,906 | € 4,525,327 | € 4,287,868 | € 3,925,258 | ▼ 8% |
| Total debts | € 15,136,091 | € 15,508,825 | € 15,563,860 | € 14,963,591 | ▼ 4% |
| Cash | € 5,894 | - | € 482,261 | € 16,720 | ▼ 97% |
| Land & buildings | € 10,236,220 | € 9,646,489 | € 8,955,372 | € 8,400,141 | ▼ 6% |
| Retained profit | € 4,695,143 | € 4,438,564 | € 4,201,105 | € 3,838,495 | ▼ 9% |
| Bank debt | € 13,850,637 | € 14,043,481 | € 14,100,387 | € 13,493,213 | ▼ 4% |
| Balance sheet total | € 21,157,243 | € 21,196,897 | € 20,937,973 | € 19,898,593 | ▼ 5% |
| Employees (FTE) | 1.5 | 1.6 | 1.6 | 2.4 | ▲ 0.8 |
Key figures of PAPAROTI & Co, 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 PAPAROTI & Co?
What happened at PAPAROTI & Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marie Yannick Glibert stepped down as director. NBB
- Rudolf Stevens stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 362,610. filed late Source: NBB ↗
- Marie Yannick Glibert became a director. NBB
- Rudolf Stevens became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 157,137 loss in 2022 to € 362,610 loss in 2025.
Paid € 36,187 in corporate taxes since 2022.
On average € 133,400 of value added per employee in 2025.
Management
The stake of Paparoti holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PAPAROTI & CoThe shares are held by Paparoti holding (98.7%). It owns 90% of Condominium II, 50% of Condominium & Partners and 45% of Condominium Vastgoed itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Rudolf Stevens
Director
Also active at: CONDOMINIUM II, Paparoti holding, CONDOMINIUM & PARTNERS, Condominium Vastgoed
since 2023 · until 2029
Shareholders
98.7%
Participations
Establishments
Establishment units
Physical locations of this company
Godefriduskaai 12 box 501
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 companies are registered at this address.
All companies at this address →SIGN & FACADE LIEGE
€ 277,962 revenue · 2025
H & S CONSULTING
€ 382,324 gross margin · 2025
GIMPEX
€ 230,455 gross margin · 2025
CONDOMINIUM II same network
€ 19,781 gross margin · 2025
PAPAROTI & CO BTW-EENHEID
+31 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.488.408
- VAT number
- BE 0448.488.408
- Registered office
- Godefriduskaai 12 bus 501, 2000 Antwerpen
- Names & denominations
- PAPAROTI & Co
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 1992
- Peppol
- Active · Active since 18 Sept 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis