Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Busy address KBO
34 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
PAPAROTI & Co from Antwerpen, company number BE0448488408, closed financial year 2024 with a result of € -237,459 after tax. For that financial year PAPAROTI & Co recorded a gross margin of € 679,476 and equity of € 4.3 million. Compared with financial year 2023, the result moved from € -256,579 to € -237,459. 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, 2025.
€ 4.3 million
▼ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -237,459
▲ 7 % less loss than in 2023
Profit after tax over the fiscal year.
€ 482,261
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.2 million.
People and assets in 2024
1.6
Average over the fiscal year, from the social balance sheet.
€ 77,516
▲ 2% vs 2023
€ 48,400 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.
€ 55,953
▼ 14% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 14.1 million
€ 344,026 is repaid this year. At this pace the long-term loan is gone in ≈ 41 years.
€ 727,599
▲ 22% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 31,395
▲ 278% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 863,337 | € 766,873 | € 739,487 | € 679,476 | ▼ 8% |
| Profit after taxes | € -246,324 | € -157,137 | € -256,579 | € -237,459 | ▲ € 19,120 |
| Equity | € 4,939,043 | € 4,781,906 | € 4,525,327 | € 4,287,868 | ▼ 5% |
| Total debts | € 13,038,213 | € 15,136,091 | € 15,508,825 | € 15,563,860 | |
| Cash | € 189,894 | € 5,894 | - | € 482,261 | |
| Land & buildings | € 9,144,010 | € 10,236,220 | € 9,646,489 | € 8,955,372 | ▼ 7% |
| Retained profit | € 4,852,280 | € 4,695,143 | € 4,438,564 | € 4,201,105 | ▼ 5% |
| Bank debt | € 12,482,370 | € 13,850,637 | € 14,043,481 | € 14,100,387 | |
| Balance sheet total | € 19,293,002 | € 21,157,243 | € 21,196,897 | € 20,937,973 | ▼ 1% |
| Employees (FTE) | 1.5 | 1.5 | 1.6 | 1.6 |
Key figures of PAPAROTI & Co, 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 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 2024: loss of € 237,459. 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 € 246,324 loss in 2021 to € 237,459 loss in 2024.
Paid € 36,616 in corporate taxes since 2021.
On average € 424,700 of value added per employee in 2024.
A new publication or filing at PAPAROTI & Co? We notify you, reason included.
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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 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 (99.3%). It owns 100% of Condominium & Partners, 90% of Condominium II and 45% of Condominium Vastgoed itself.
Directors
According to the 2024 annual accounts
Marie Yannick Glibert
Director
since 2023 · until 2029
Rudolf Stevens
Managing director
Also active at: CONDOMINIUM II, Paparoti holding, CONDOMINIUM & PARTNERS, Condominium Vastgoed
since 2023 · until 2029
Shareholders
99.3%
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 34 companies are registered at this address.
All companies at this address →H & S CONSULTING
€ 382,324 gross margin · 2025
GIMPEX
€ 230,455 gross margin · 2025
CONDOMINIUM II same network
€ 93,845 gross margin · 2024
PAPAROTI & CO BTW-EENHEID
Lovefish
+29 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 26 Dec 2025
- 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