Financials
Financial year 2025
PAPYRO from Ieper, company number BE0452961987, closed financial year 2025 with a result of € 10,586 after tax. For that financial year PAPYRO recorded a gross margin of € 22,453 and equity of € 116,323. Compared with financial year 2024, the result moved from € 11,986 to € 10,586. 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 1, 2026.
€ 116,323
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,586
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 53,039
▲ 26% 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 € 79,139.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 676
▼ 13% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,832
▲ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,936
▲ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,601 | € 9,873 | € 22,891 | € 22,453 | ▼ 2% |
| Profit after taxes | € 6,278 | € -1,744 | € 11,986 | € 10,586 | ▼ 12% |
| Equity | € 95,495 | € 93,751 | € 105,737 | € 116,323 | ▲ 10% |
| Total debts | € 47,762 | € 46,933 | € 46,537 | € 51,018 | ▲ 10% |
| Cash | € 36,786 | € 25,377 | € 42,148 | € 53,039 | ▲ 26% |
| Land & buildings | - | € 6,145 | € 5,482 | € 4,820 | ▼ 12% |
| Retained profit | € 58,311 | € 56,567 | € 68,553 | € 79,139 | ▲ 15% |
| Balance sheet total | € 143,257 | € 140,683 | € 152,274 | € 167,341 | ▲ 10% |
Key figures of PAPYRO, 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 PAPYRO?
What happened at PAPYRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,586 (▼ 12% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,278 profit in 2022 to € 10,586 profit in 2025.
Paid € 2,038 in corporate taxes since 2022.
Best year ever: 2024, with € 11,986 profit.
Management
Behind PAPYRO is STEFAAN (000-000) DEMEULEMEESTER.
Directors
According to the 2025 annual accounts
STEFAAN (000-000) DEMEULEMEESTER
Director
Establishments
Establishment units
Physical locations of this company
Boterstraat 17
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.961.987
- VAT number
- BE 0452.961.987
- Registered office
- Boterstraat 17, 8900 Ieper
- Names & denominations
- PAPYRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 1994
- Peppol
- Active · Active since 6 Jan 2025
- Activities · NACE
Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
Detailhandel in kranten en andere tijdschriften
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels
Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen
Groothandel in andere consumentenartikelen, neg
Detailhandel in spellen en speelgoed
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Groothandel in sport- en kampeerartikelen, rijwielen en onderdelen en toebehoren daarvan, spellen en speelgoed
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