Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Busy address KBO
38 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PAPER STREET from Brussel, company number BE0639952847, closed financial year 2025 with a result of € -39,227 after tax. For that financial year PAPER STREET recorded a gross margin of € -2,155 and equity of € 137,922. Compared with financial year 2024, the result moved from € -28,014 to € -39,227. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 137,922
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,227
▼ 40 % more loss than in 2024
Profit after tax over the fiscal year.
€ 41,327
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 137,922.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 13,342
▼ 46% 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
€ 195,876
▼ 8% vs 2024
€ 17,188 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 3,162
▲ 192% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,808
▼ 46% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,265 | € 61,747 | € 21,936 | € -2,155 | ▼ € 24,092 |
| Profit after taxes | € -1,064 | € 1,709 | € -28,014 | € -39,227 | ▼ € 11,213 |
| Equity | € 215,917 | € 217,626 | € 177,212 | € 137,922 | ▼ 22% |
| Total debts | € 257,559 | € 328,513 | € 217,143 | € 200,846 | ▼ 8% |
| Cash | € 29,171 | € 82,286 | € 132,802 | € 41,327 | ▼ 69% |
| Land & buildings | € 293,584 | € 275,158 | € 256,733 | € 238,402 | ▼ 7% |
| Retained profit | € 203,517 | € 205,226 | € 177,212 | € 137,922 | ▼ 22% |
| Bank debt | € 245,368 | € 229,209 | € 212,714 | € 195,876 | ▼ 8% |
| Balance sheet total | € 473,477 | € 546,139 | € 394,356 | € 338,768 | ▼ 14% |
Key figures of PAPER STREET, 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 PAPER STREET?
What happened at PAPER STREET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,227. Source: NBB ↗
- Alain Camiel Manders became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,064 loss in 2022 to € 39,227 loss in 2025.
Paid € 5,141 in corporate taxes since 2022.
Best year ever: 2023, with € 1,709 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PAPER STREET is Alain Camiel Manders. Alain Camiel Manders is also behind AMADEUS.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Akenkaai 69 box 26af
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 38 companies are registered at this address.
All companies at this address →AMADEUS same network
€ 476,382 gross margin · 2025
Cultuur en Kunsten Gemeenschap - Kültür Sanat Toplulugu
Financière du Blavet
€ -63,556 gross margin · 2025
Association Partielle des copropriétaires du lot X (Parking Public) à Bruxelles , quai des Péniches 69
BAUWENS-GOMES
€ 194,045 gross margin · 2025
+33 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0639.952.847
- VAT number
- BE 0639.952.847
- Registered office
- Akenkaai 69 bus 26af, 1000 Brussel
- Names & denominations
- PAPER STREET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2015
- Peppol
- Active · Active since 15 Sept 2025
- Activities · NACE
Activiteiten van holdings
Activiteiten van reclamebureaus
Holdings
Overige zakelijke dienstverlening, neg