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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PAP Partners from Sint-Pieters-Woluwe, company number BE0467048466, closed financial year 2025 with a result of € 11,079 after tax. For that financial year PAP Partners recorded a gross margin of € 27,977 and equity of € 68,650. Compared with financial year 2024, the result moved from € -32,501 to € 11,079. 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 September 29, 2026.
€ 68,650
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,079
▲ still € 32,501 loss in 2024
Profit after tax over the fiscal year.
€ 39,115
▼ 54% 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 € 50,058.
People and assets in 2025
€ 181
▼ 82% 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.
€ 926
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,138
Loans from banks and other lenders, long and short.
€ 31,301
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,611 | € 37,057 | € -29,948 | € 27,977 | ▲ € 57,925 |
| Profit after taxes | € 33,906 | € -7,900 | € -32,501 | € 11,079 | ▲ € 43,580 |
| Equity | € 97,994 | € 90,094 | € 57,592 | € 68,650 | ▲ 19% |
| Total debts | € 111,602 | € 70,748 | € 86,929 | € 61,572 | ▼ 29% |
| Cash | € 113,164 | € 62,174 | € 85,779 | € 39,115 | ▼ 54% |
| Retained profit | € 79,402 | € 71,502 | € 39,000 | € 50,058 | ▲ 28% |
| Bank debt | € 4,311 | € 4,331 | € 4,135 | € 4,138 | |
| Balance sheet total | € 209,596 | € 160,842 | € 144,521 | € 130,222 | ▼ 10% |
| Employees (FTE) | 1.3 | 0.9 | - | - |
Key figures of PAP Partners, 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 PAP Partners?
What happened at PAP Partners in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,079. filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,906 profit in 2022 to € 11,079 profit in 2025.
Paid € 31,859 in corporate taxes since 2022.
Best year ever: 2022, with € 33,906 profit.
On average € 95,100 of value added per employee in 2022.
Establishments
Establishment units
Physical locations of this company
François Gaystraat 279
1150 Sint-Pieters-Woluwe
Winston Churchilllaan 182 box 12
1180 Ukkel
Active since 1 December 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
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Details
- Company number
- 0467.048.466
- VAT number
- BE 0467.048.466
- Registered office
- François Gaystraat 279, 1150 Sint-Pieters-Woluwe
- Names & denominations
- PAP Partners
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 1999
- Peppol
- Not registered
- Contact
- climext.be
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