Warning lights
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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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
87 other companies have their registered office at the same address; threshold 10.
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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
Immobilière des Papeteries from Rixensart, company number BE0688797196, closed financial year 2025 with a result of € -3,779 after tax. For that financial year Immobilière des Papeteries recorded a gross margin of € 30,592 and equity of € 24,387. Compared with financial year 2024, the result moved from € 9,566 to € -3,779. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 7, 2026.
€ 24,387
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,779
▼ still € 9,566 profit in 2024
Profit after tax over the fiscal year.
€ 11,731
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5,787.
Debts at end 2025
€ 603,063
▲ 48% vs 2024
€ 33,480 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 66
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,497 | € 35,083 | € 37,443 | € 30,592 | ▼ 18% |
| Profit after taxes | € 2,504 | € 7,571 | € 9,566 | € -3,779 | ▼ € 13,345 |
| Equity | € 18,600 | € 18,600 | € 28,166 | € 24,387 | ▼ 13% |
| Total debts | € 508,299 | € 495,127 | € 482,542 | € 713,957 | ▲ 48% |
| Cash | € 2,840 | € 2,503 | € 13,484 | € 11,731 | ▼ 13% |
| Land & buildings | € 524,059 | € 511,224 | € 497,224 | € 721,614 | ▲ 45% |
| Retained profit | € 0 | € 0 | € 9,566 | € 5,787 | ▼ 40% |
| Dividend | € 2,504 | € 7,571 | € 0 | € 0 | |
| Bank debt | € 449,862 | € 428,523 | € 406,760 | € 603,063 | ▲ 48% |
| Balance sheet total | € 526,899 | € 513,727 | € 510,708 | € 738,345 | ▲ 45% |
Key figures of Immobilière des Papeteries, 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 Immobilière des Papeteries?
What happened at Immobilière des Papeteries in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,779 (▼ € 13,345 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 2,504 profit in 2022 to € 3,779 loss in 2025.
Paid € 6,137 in corporate taxes since 2022.
Best year ever: 2024, with € 9,566 profit.
Paid out € 10,075 in dividends to the owners in total.
A new publication or filing at Immobilière des Papeteries? We notify you, reason included.
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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 Immobilière des Papeteries are Christophe Simar and Frédéric Vreux. Christophe Simar is also behind ComptaSim and Fiduciaire des Papeteries.
Directors
According to the 2025 annual accounts
Frédéric Vreux
Director
Establishments
Establishment units
Physical locations of this company
Avenue Franklin Roosevelt 104
1330 Rixensart
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 87 companies are registered at this address.
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€ 90,032 gross margin · 2024
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€ -1,496 gross margin · 2025
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0688.797.196
- VAT number
- BE 0688.797.196
- Registered office
- Avenue Franklin Roosevelt 104, 1330 Rixensart
- Names & denominations
- Immobilière des Papeteries
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 January 2018
- Peppol
- Not registered