Financials
Financial year 2025
PAPYRUS from Linter, company number BE0448662612, closed financial year 2025 with a result of € 4,933 after tax. For that financial year PAPYRUS recorded a gross margin of € 58,148 and equity of € 39,233. Compared with financial year 2024, the result moved from € -11,150 to € 4,933. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 39,233
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,933
▲ still € 11,150 loss in 2024
Profit after tax over the fiscal year.
€ 48,546
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -5,767.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 42,532
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 7,931
▼ 30% vs 2024
€ 2,552 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 41,355
▲ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,647
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 28,394 | € 41,964 | € 39,966 | € 58,148 | ▲ 45% |
| Profit after taxes | € -17,463 | € -7,723 | € -11,150 | € 4,933 | ▲ € 16,083 |
| Equity | € 53,173 | € 45,450 | € 34,300 | € 39,233 | ▲ 14% |
| Total debts | € 109,631 | € 112,461 | € 123,201 | € 146,980 | ▲ 19% |
| Cash | € 39,817 | € 31,432 | € 33,648 | € 48,546 | ▲ 44% |
| Land & buildings | € 70,084 | € 66,073 | € 62,062 | € 66,514 | ▲ 7% |
| Retained profit | € 8,173 | € 450 | € -10,700 | € -5,767 | ▲ € 4,933 |
| Bank debt | € 29,196 | € 16,602 | € 11,409 | € 7,931 | ▼ 30% |
| Balance sheet total | € 162,804 | € 157,911 | € 157,502 | € 186,214 | ▲ 18% |
Key figures of PAPYRUS, 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 PAPYRUS?
What happened at PAPYRUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,933. filed late Source: NBB ↗
- New establishment in Linter. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,463 loss in 2022 to € 4,933 profit in 2025.
Best year ever: 2025, with € 4,933 profit.
Management
Behind PAPYRUS is Johan Minschart.
Directors
According to the 2025 annual accounts
Johan Minschart
Director
Establishments
Establishment units
Physical locations of this company
Grote Steenweg(NRL) 341
3350 Linter
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.662.612
- VAT number
- BE 0448.662.612
- Registered office
- Grote Steenweg(NRL) 341, 3350 Linter
- Names & denominations
- PAPYRUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 1992
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Detailhandel in kranten en andere tijdschriften
Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels
Detailhandel in cosmetica en toiletartikelen
Detailhandel in dranken, algemeen assortiment
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Detailhandel in alcoholische en andere dranken
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