What does PAPAYA CONSTRUCT do?

PAPAYA CONSTRUCT is a joiner in Gent. Private Limited, started on 14 November 2019, 2 establishments.

What is the address of PAPAYA CONSTRUCT?

The registered office of PAPAYA CONSTRUCT is located at Zwijnaardsesteenweg 44, 9000 Gent.

Is PAPAYA CONSTRUCT still active?

Yes. According to the CBE (31 October 2026) PAPAYA CONSTRUCT is active, legal situation “Normale toestand”, started on 14 November 2019.

Is PAPAYA CONSTRUCT registered on Peppol?

Yes, PAPAYA CONSTRUCT is registered on the Peppol network with ID 0208:0737668469.

What is the enterprise number of PAPAYA CONSTRUCT?

The enterprise number of PAPAYA CONSTRUCT is BE0737668469.

When was PAPAYA CONSTRUCT founded?

PAPAYA CONSTRUCT was founded on 14 November 2019.

Who are the directors of PAPAYA CONSTRUCT?

According to the 2025 annual accounts, the directors of PAPAYA CONSTRUCT are: LUCIAN COMAN, ADRIAN NEDELCU.

Is PAPAYA CONSTRUCT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 November 2019; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did PAPAYA CONSTRUCT make in 2025?

PAPAYA CONSTRUCT posted a profit after taxes of € 17,278 in financial year 2025.

What is the revenue of PAPAYA CONSTRUCT?

As a small company, PAPAYA CONSTRUCT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 34,934.

PAPAYA CONSTRUCT (Private Limited) - Gent - BE0737668469

Dossier PAPAYA CONSTRUCT, printed on 31 October 2026 from databakkes.be/en/0737668469/papaya-construct. 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.

Busy address KBO

143 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

PAPAYA CONSTRUCT from Gent, company number BE0737668469, closed financial year 2025 with a result of € 17,278 after tax. For that financial year PAPAYA CONSTRUCT recorded a gross margin of € 34,934 and equity of € 22,558. Compared with financial year 2024, the result moved from € 3,099 to € 17,278. 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 September 1, 2026.

What it is worth Growing

€ 22,558

▲ 7% vs 2024

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

Profit Growing

€ 17,278

▲ € 14,179 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 5,757

▲ 107% vs 2024

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

Where the profit goes Pays out

€ 15,901 paid out

92 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 3,332

▲ 230% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 2,939

▼ 86% vs 2024

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

Taxes

€ 17,996

▲ 3% 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
Revenue	€ 659,454 Revenue 2022: € 659,454 First fiscal year in the series	-	-	-
Gross margin	€ 30,119 Gross margin 2022: € 30,119 First fiscal year in the series	€ 25,089 Gross margin 2023: € 25,089 ▼ 17% vs 2022 (€ 30,119) Unfavourable step	€ 26,468 Gross margin 2024: € 26,468 ▲ 5% vs 2023 (€ 25,089) Favourable step	€ 34,934 Gross margin 2025: € 34,934 ▲ 32% vs 2024 (€ 26,468) Favourable step	▲ 32%
Profit after taxes	€ 3,020 Profit after taxes 2022: € 3,020 First fiscal year in the series	€ -175 Profit after taxes 2023: € -175 ▼ € 3,195 vs 2022 (€ 3,020) Unfavourable step	€ 3,099 Profit after taxes 2024: € 3,099 ▲ € 3,274 vs 2023 (€ -175) Favourable step	€ 17,278 Profit after taxes 2025: € 17,278 ▲ € 14,179 vs 2024 (€ 3,099) Favourable step	▲ € 14,179
Equity	€ 43,151 Equity 2022: € 43,151 First fiscal year in the series	€ 42,976 Equity 2023: € 42,976 Unchanged (€ 43,151) Unfavourable step	€ 21,181 Equity 2024: € 21,181 ▼ 51% vs 2023 (€ 42,976) Unfavourable step	€ 22,558 Equity 2025: € 22,558 ▲ 7% vs 2024 (€ 21,181) Favourable step	▲ 7%
Total debts	€ 46,547 Total debts 2022: € 46,547 First fiscal year in the series	€ 30,536 Total debts 2023: € 30,536 ▼ 34% vs 2022 (€ 46,547) Favourable step	€ 41,644 Total debts 2024: € 41,644 ▲ 36% vs 2023 (€ 30,536) Unfavourable step	€ 21,992 Total debts 2025: € 21,992 ▼ 47% vs 2024 (€ 41,644) Favourable step	▼ 47%
Cash	€ 14,411 Cash 2022: € 14,411 First fiscal year in the series	€ 5,067 Cash 2023: € 5,067 ▼ 65% vs 2022 (€ 14,411) Unfavourable step	€ 2,785 Cash 2024: € 2,785 ▼ 45% vs 2023 (€ 5,067) Unfavourable step	€ 5,757 Cash 2025: € 5,757 ▲ 107% vs 2024 (€ 2,785) Favourable step	▲ 107%
Retained profit	€ 33,151 Retained profit 2022: € 33,151 First fiscal year in the series	€ 32,976 Retained profit 2023: € 32,976 ▼ 1% vs 2022 (€ 33,151) Unfavourable step	€ 11,181 Retained profit 2024: € 11,181 ▼ 66% vs 2023 (€ 32,976) Unfavourable step	€ 12,558 Retained profit 2025: € 12,558 ▲ 12% vs 2024 (€ 11,181) Favourable step	▲ 12%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 20,000 Dividend 2024: € 20,000 Unchanged (€ 0) Unchanged	€ 15,901 Dividend 2025: € 15,901 ▼ 20% vs 2024 (€ 20,000) Unchanged	▼ 20%
Bank debt	€ 19,801 Bank debt 2022: € 19,801 First fiscal year in the series	€ 7,499 Bank debt 2023: € 7,499 ▼ 62% vs 2022 (€ 19,801) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 7,499) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 89,698 Balance sheet total 2022: € 89,698 First fiscal year in the series	€ 73,512 Balance sheet total 2023: € 73,512 ▼ 18% vs 2022 (€ 89,698) Unchanged	€ 62,825 Balance sheet total 2024: € 62,825 ▼ 15% vs 2023 (€ 73,512) Unchanged	€ 44,550 Balance sheet total 2025: € 44,550 ▼ 29% vs 2024 (€ 62,825) Unchanged	▼ 29%

Key figures of PAPAYA CONSTRUCT, 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 PAPAYA CONSTRUCT?

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

Sep 1, 2026 New annual accounts for financial year 2025: profit of € 17,278 (▲ € 14,179 vs 2024). filed late Source: NBB ↗
Sep 1, 2025 New establishment in Jette. KBO
Nov 14, 2019 New establishment in Asse. KBO
Nov 14, 2019 Start of the company according to the CBE. KBO

In short

From € 3,020 profit in 2022 to € 17,278 profit in 2025.

Paid € 32,068 in corporate taxes since 2022.

Best year ever: 2025, with € 17,278 profit.

Paid out € 35,901 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

LUCIAN COMAN ADRIAN NEDELCU

PAPAYA CONSTRUCT

Behind PAPAYA CONSTRUCT are LUCIAN COMAN and ADRIAN NEDELCU.

Directors

According to the 2025 annual accounts

LUCIAN COMAN

Director

ADRIAN NEDELCU

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Zwijnaardsesteenweg 44

9000 Gent

2.297.032.254

Heuvelstraat 82

1730 Asse

Active since 14 November 2019

2.378.592.428

Tilmontstraat 4 box 1

1090 Jette

Active since 1 September 2025

Who else lives here?

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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

0737.668.469

VAT number

BE 0737.668.469

Registered office

Zwijnaardsesteenweg 44, 9000 Gent

Names & denominations

PAPAYA CONSTRUCT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

14 November 2019

Peppol

Active · Active since 9 Oct 2025

Activities · NACE

Schrijnwerk

Stukadoorswerk

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde bouwwerkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

PAPAYA CONSTRUCT

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Financials

What happened to PAPAYA CONSTRUCT?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions