Financials
Financial year 2025
PAP INVESTMENT & MANAGEMENT COMPANY SPRL from Aywaille, company number BE0668440856, closed financial year 2025 with a result of € 308,971 after tax. For that financial year PAP INVESTMENT & MANAGEMENT COMPANY SPRL recorded a gross margin of € 229,884 and equity of € 68,778. Compared with financial year 2024, the result moved from € 53,808 to € 308,971. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 68,778
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 308,971
▲ € 255,164 vs 2024
Profit after tax over the fiscal year.
€ 95,162
▲ 195% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 295,000 paid out
95 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 19,886
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 214,827
▼ 6% vs 2024
€ 12,627 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 14,565
▲ 124% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,269
▼ 20% 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 | € 52,421 | € 85,573 | € 98,367 | € 229,884 | ▲ 134% |
| Profit after taxes | € 27,282 | € 47,242 | € 53,808 | € 308,971 | ▲ € 255,164 |
| Equity | € 105,445 | € 103,585 | € 54,806 | € 68,778 | ▲ 25% |
| Total debts | € 345,425 | € 368,106 | € 441,955 | € 502,382 | ▲ 14% |
| Cash | € 10,767 | € 34,547 | € 32,228 | € 95,162 | ▲ 195% |
| Retained profit | € 86,845 | € 84,985 | € 36,206 | € 50,178 | ▲ 39% |
| Dividend | € 111,345 | € 49,102 | € 102,587 | € 295,000 | ▲ 188% |
| Bank debt | € 255,001 | € 241,712 | € 228,322 | € 214,827 | ▼ 6% |
| Balance sheet total | € 450,870 | € 471,691 | € 496,761 | € 571,160 | ▲ 15% |
Key figures of PAP INVESTMENT & MANAGEMENT COMPANY SPRL, 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 INVESTMENT & MANAGEMENT COMPANY SPRL?
What happened at PAP INVESTMENT & MANAGEMENT COMPANY SPRL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 308,971 (▲ € 255,164 vs 2024). Source: NBB ↗
- New establishment in Aywaille. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,282 profit in 2022 to € 308,971 profit in 2025.
Paid € 105,316 in corporate taxes since 2022.
Best year ever: 2025, with € 308,971 profit.
Paid out € 558,034 in dividends to the owners in total.
Management
Behind PAP INVESTMENT & MANAGEMENT COMPANY SPRL is Pierre-Alexandre Piron. It owns 51.4% of Pix Coating, 48.6% of CARROSSERIE PIRON, 48.6% of Pilding and 25% of Utill itself.
Directors
According to the 2025 annual accounts
Pierre-Alexandre Piron
Director
Also active at: IMMOBILIERE DIDI AUTOMOBILES, CARROSSERIE PIRON SA, IMMO-DAVE, LIEGE AEROSPACE SOLUTIONS, PIX COATING, PILDING
Establishments
Establishment units
Physical locations of this company
Rue des Chèvrefeuilles 14
4920 Aywaille
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0668.440.856
- VAT number
- BE 0668.440.856
- Registered office
- Rue des Chèvrefeuilles 14, 4920 Aywaille
- Names & denominations
- PAP INVESTMENT & MANAGEMENT COMPANY SPRL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2016
- Peppol
- Active · Active since 19 Sept 2025
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