Financials
Financial year 2025
PAPERASSI from Izegem, company number BE0463441056, closed financial year 2025 with a result of € 308,294 after tax. For that financial year PAPERASSI recorded a gross margin of € 549,292 and equity of € 363,272. Compared with financial year 2024, the result moved from € 154,743 to € 308,294. Profitable, and profit is growing. 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 June 29, 2026.
€ 363,272
▲ € 308,294 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 308,294
▲ 99% vs 2024
Profit after tax over the fiscal year.
€ 51,202
▲ 241% 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 € 344,672.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 76,941
▲ € 76,586 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 174,455
▼ 19% vs 2024
€ 42,230 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 368
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,999
▲ 288% 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 | € 284,166 | € 317,786 | € 264,306 | € 549,292 | ▲ 108% |
| Profit after taxes | € 160,443 | € 138,372 | € 154,743 | € 308,294 | ▲ 99% |
| Equity | € -238,138 | € -99,765 | € 54,978 | € 363,272 | ▲ € 308,294 |
| Total debts | € 992,714 | € 733,938 | € 731,760 | € 433,130 | ▼ 41% |
| Cash | € 16,174 | € 21,204 | € 15,002 | € 51,202 | ▲ 241% |
| Land & buildings | € 618,781 | € 545,499 | € 475,203 | € 414,320 | ▼ 13% |
| Retained profit | € -256,738 | € -118,365 | € 36,378 | € 344,672 | ▲ € 308,294 |
| Bank debt | € 296,337 | € 256,495 | € 215,850 | € 174,455 | ▼ 19% |
| Balance sheet total | € 754,577 | € 669,172 | € 786,738 | € 796,402 | ▲ 1% |
Key figures of PAPERASSI, 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 PAPERASSI?
What happened at PAPERASSI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 308,294 (▲ 99% vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 160,443 profit in 2022 to € 308,294 profit in 2025.
Paid € 270,060 in corporate taxes since 2022.
Best year ever: 2025, with € 308,294 profit.
Management
Behind PAPERASSI are Hilde Donck and Wim Degezelle. Hilde Donck is also behind AXAR INVEST. Wim Degezelle is also behind RHODESGOED and APOTHEEK KACHTEM.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rhodesstraat 2
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0463.441.056
- VAT number
- BE 0463.441.056
- Registered office
- Rhodesstraat 2, 8870 Izegem
- Names & denominations
- PAPERASSI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 1998
- Peppol
- Active · Active since 9 Apr 2026
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