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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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.
€ 22,558
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,278
▲ € 14,179 vs 2024
Profit after tax over the fiscal year.
€ 5,757
▲ 107% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 15,901 paid out
92 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 3,332
▲ 230% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,939
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,996
▲ 3% 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 | |
|---|---|---|---|---|---|
| Revenue | € 659,454 | - | - | - | |
| Gross margin | € 30,119 | € 25,089 | € 26,468 | € 34,934 | ▲ 32% |
| Profit after taxes | € 3,020 | € -175 | € 3,099 | € 17,278 | ▲ € 14,179 |
| Equity | € 43,151 | € 42,976 | € 21,181 | € 22,558 | ▲ 7% |
| Total debts | € 46,547 | € 30,536 | € 41,644 | € 21,992 | ▼ 47% |
| Cash | € 14,411 | € 5,067 | € 2,785 | € 5,757 | ▲ 107% |
| Retained profit | € 33,151 | € 32,976 | € 11,181 | € 12,558 | ▲ 12% |
| Dividend | € 0 | € 0 | € 20,000 | € 15,901 | ▼ 20% |
| Bank debt | € 19,801 | € 7,499 | € 0 | € 0 | |
| Balance sheet total | € 89,698 | € 73,512 | € 62,825 | € 44,550 | ▼ 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:
- New annual accounts for financial year 2025: profit of € 17,278 (▲ € 14,179 vs 2024). filed late Source: NBB ↗
- New establishment in Jette. KBO
- New establishment in Asse. KBO
- 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.
A new publication or filing at PAPAYA CONSTRUCT? 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 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
Zwijnaardsesteenweg 44
9000 Gent
Heuvelstraat 82
1730 Asse
Active since 14 November 2019
Tilmontstraat 4 box 1
1090 Jette
Active since 1 September 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 143 companies are registered at this address.
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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