Financials
Financial year 2025
PAPER & BEANS from Wingene, company number BE0668798172, closed financial year 2025 with a result of € -106,201 after tax. For that financial year PAPER & BEANS recorded a gross margin of € 12,266 and equity of € 29,402. Compared with financial year 2024, the result moved from € 30,564 to € -106,201. The company made a loss. The buffer shrank hard: equity is 78 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 16, 2025.
€ 29,402
▼ 78% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -106,201
▼ still € 30,564 profit in 2024
Profit after tax over the fiscal year.
€ 5,384
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10,802.
People and assets in 2025
€ 6,987
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11,197
▼ 86% vs 2024
€ 2,628 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3,813
▲ 278% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,243
▼ 60% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,942 | € 39,362 | € 43,845 | € 12,266 | ▼ 72% |
| Profit after taxes | € 23,275 | € 26,762 | € 30,564 | € -106,201 | ▼ € 136,765 |
| Equity | € 95,915 | € 122,677 | € 135,603 | € 29,402 | ▼ 78% |
| Total debts | € 147,801 | € 114,514 | € 106,000 | € 27,593 | ▼ 74% |
| Cash | € 16,427 | € 9,525 | € 5,878 | € 5,384 | ▼ 8% |
| Retained profit | € 77,315 | € 104,077 | € 117,003 | € 10,802 | ▼ 91% |
| Dividend | € 0 | € 0 | € 17,638 | € 0 | ▼ 100% |
| Bank debt | € 124,119 | € 103,256 | € 78,694 | € 11,197 | ▼ 86% |
| Balance sheet total | € 243,716 | € 237,191 | € 241,603 | € 56,995 | ▼ 76% |
Key figures of PAPER & BEANS, 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 PAPER & BEANS?
What happened at PAPER & BEANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 106,201 (▼ € 136,765 vs 2024). Source: NBB ↗
- Peter De Buck became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,275 profit in 2022 to € 106,201 loss in 2025.
Paid € 31,537 in corporate taxes since 2022.
Best year ever: 2024, with € 30,564 profit.
Paid out € 17,638 in dividends to the owners in total.
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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 & BEANS are Peter De Buck and Maïté Holvoet. Maïté Holvoet is also behind FINANCIAL MEDIA.
Directors
According to the 2025 annual accounts
Peter De Buck
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Varendreef 115
8750 Wingene
Wijngaardstraat 5
8000 Brugge
Active since 5 January 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0668.798.172
- VAT number
- BE 0668.798.172
- Registered office
- Varendreef 115, 8750 Wingene
- Names & denominations
- PAPER & BEANS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 2017
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Detailhandel in andere tweedehandsgoederen, muv tweedehandskleding
Activiteiten van vertalers
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Cafés en bars
Overige niet-gespecialiseerde detailhandel
Overige vormen van onderwijs
Vertalers en tolken