What does PAPINGLO do?

PAPINGLO is a construction company in Aalter. Public Limited, started on 3 December 2002, 1 establishment.

What is the address of PAPINGLO?

The registered office of PAPINGLO is located at Stationsstraat 41, 9880 Aalter.

Is PAPINGLO still active?

Yes. According to the CBE (29 October 2026) PAPINGLO is active, legal situation “Normale toestand”, started on 3 December 2002.

Is PAPINGLO registered on Peppol?

Yes, PAPINGLO is registered on the Peppol network with ID 0208:0478920672.

What is the enterprise number of PAPINGLO?

The enterprise number of PAPINGLO is BE0478920672.

When was PAPINGLO founded?

PAPINGLO was founded on 3 December 2002.

Who are the directors of PAPINGLO?

According to the 2025 annual accounts, the directors of PAPINGLO are: Josef Meerschman, Mieke Pieyns.

Is PAPINGLO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 December 2002; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did PAPINGLO make in 2025?

PAPINGLO posted a profit after taxes of € 23,400 in financial year 2025.

What is the revenue of PAPINGLO?

As a small company, PAPINGLO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 107,210.

PAPINGLO (Public Limited) - Aalter - BE0478920672

Dossier PAPINGLO, printed on 29 October 2026 from databakkes.be/en/0478920672/papinglo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

PAPINGLO from Aalter, company number BE0478920672, closed financial year 2025 with a result of € 23,400 after tax. For that financial year PAPINGLO recorded a gross margin of € 107,210 and equity of € 295,714. Compared with financial year 2024, the result moved from € 11,013 to € 23,400. 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 January 28, 2026.

What it is worth Growing

€ 295,714

▲ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 23,400

▲ 112% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 12,935

▼ 72% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 171,714.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 160,140

▼ 34% vs 2024

€ 85,672 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 128

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,575

▼ 73% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 87,405 Gross margin 2022: € 87,405 First fiscal year in the series	€ 101,001 Gross margin 2023: € 101,001 ▲ 16% vs 2022 (€ 87,405) Favourable step	€ 91,202 Gross margin 2024: € 91,202 ▼ 10% vs 2023 (€ 101,001) Unfavourable step	€ 107,210 Gross margin 2025: € 107,210 ▲ 18% vs 2024 (€ 91,202) Favourable step	▲ 18%
Profit after taxes	€ 3,968 Profit after taxes 2022: € 3,968 First fiscal year in the series	€ 19,380 Profit after taxes 2023: € 19,380 ▲ € 15,412 vs 2022 (€ 3,968) Favourable step	€ 11,013 Profit after taxes 2024: € 11,013 ▼ 43% vs 2023 (€ 19,380) Unfavourable step	€ 23,400 Profit after taxes 2025: € 23,400 ▲ 112% vs 2024 (€ 11,013) Favourable step	▲ 112%
Equity	€ 241,921 Equity 2022: € 241,921 First fiscal year in the series	€ 261,301 Equity 2023: € 261,301 ▲ 8% vs 2022 (€ 241,921) Favourable step	€ 272,314 Equity 2024: € 272,314 ▲ 4% vs 2023 (€ 261,301) Favourable step	€ 295,714 Equity 2025: € 295,714 ▲ 9% vs 2024 (€ 272,314) Favourable step	▲ 9%
Total debts	€ 399,175 Total debts 2022: € 399,175 First fiscal year in the series	€ 324,866 Total debts 2023: € 324,866 ▼ 19% vs 2022 (€ 399,175) Favourable step	€ 249,842 Total debts 2024: € 249,842 ▼ 23% vs 2023 (€ 324,866) Favourable step	€ 163,956 Total debts 2025: € 163,956 ▼ 34% vs 2024 (€ 249,842) Favourable step	▼ 34%
Cash	€ 17,050 Cash 2022: € 17,050 First fiscal year in the series	€ 57,341 Cash 2023: € 57,341 ▲ 236% vs 2022 (€ 17,050) Favourable step	€ 45,399 Cash 2024: € 45,399 ▼ 21% vs 2023 (€ 57,341) Unfavourable step	€ 12,935 Cash 2025: € 12,935 ▼ 72% vs 2024 (€ 45,399) Unfavourable step	▼ 72%
Land & buildings	€ 569,760 Land & buildings 2022: € 569,760 First fiscal year in the series	€ 510,464 Land & buildings 2023: € 510,464 ▼ 10% vs 2022 (€ 569,760) Unchanged	€ 457,987 Land & buildings 2024: € 457,987 ▼ 10% vs 2023 (€ 510,464) Unchanged	€ 427,235 Land & buildings 2025: € 427,235 ▼ 7% vs 2024 (€ 457,987) Unchanged	▼ 7%
Retained profit	€ 117,921 Retained profit 2022: € 117,921 First fiscal year in the series	€ 137,301 Retained profit 2023: € 137,301 ▲ 16% vs 2022 (€ 117,921) Favourable step	€ 148,314 Retained profit 2024: € 148,314 ▲ 8% vs 2023 (€ 137,301) Favourable step	€ 171,714 Retained profit 2025: € 171,714 ▲ 16% vs 2024 (€ 148,314) Favourable step	▲ 16%
Bank debt	€ 394,679 Bank debt 2022: € 394,679 First fiscal year in the series	€ 320,058 Bank debt 2023: € 320,058 ▼ 19% vs 2022 (€ 394,679) Favourable step	€ 241,956 Bank debt 2024: € 241,956 ▼ 24% vs 2023 (€ 320,058) Favourable step	€ 160,140 Bank debt 2025: € 160,140 ▼ 34% vs 2024 (€ 241,956) Favourable step	▼ 34%
Balance sheet total	€ 641,096 Balance sheet total 2022: € 641,096 First fiscal year in the series	€ 586,167 Balance sheet total 2023: € 586,167 ▼ 9% vs 2022 (€ 641,096) Unchanged	€ 522,155 Balance sheet total 2024: € 522,155 ▼ 11% vs 2023 (€ 586,167) Unchanged	€ 459,670 Balance sheet total 2025: € 459,670 ▼ 12% vs 2024 (€ 522,155) Unchanged	▼ 12%

Key figures of PAPINGLO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to PAPINGLO?

What happened at PAPINGLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Josef Meerschman stepped down as director. NBB
2031 Mieke Pieyns stepped down as director. NBB
Jan 28, 2026 New annual accounts for financial year 2025: profit of € 23,400 (▲ 112% vs 2024). Source: NBB ↗
2025 Josef Meerschman became a director. NBB
2025 Mieke Pieyns became a director. NBB
Jan 24, 2003 New establishment in Aalter. KBO
Dec 3, 2002 Start of the company according to the CBE. KBO

In short

From € 3,968 profit in 2022 to € 23,400 profit in 2025.

Paid € 11,190 in corporate taxes since 2022.

Best year ever: 2025, with € 23,400 profit.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Josef Meerschman

Managing director

Also active at: MEVACO - BOUWBEDRIJF, Jomic-Renting, LATEMS BOUWBEDRIJF, IMMECO, WITHOF, WOESTIJNEGOED

since 2025 · until 2031

Mieke Pieyns

Director

Also active at: Jomic-Renting, MEVACO BEHEER, LATEMS BOUWBEDRIJF, IMMECO, PREFATON, MEVACO PROJECTS

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Stationsstraat 41

9880 Aalter

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 →

MEVACO BEHEER same network

€ 87,773 gross margin · 2025

IMMECO same network

€ 153,255 gross margin · 2025

WOESTIJNEGOED same network

€ 9,628 gross margin · 2025

MEVACO PROJECTS same network

€ 1.2 million gross margin · 2025

NERO

€ 1.3 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0478.920.672

VAT number

BE 0478.920.672

Registered office

Stationsstraat 41, 9880 Aalter

Names & denominations

PAPINGLO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

3 December 2002

Peppol

Active · Active since 24 Sept 2025

Activities · NACE

Algemene bouw van residentiële gebouwen

Bouwen van individuele huizen

View on CBE Public ↗ Annual accounts (NBB) ↗