Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
PaperWorX from Beringen, company number BE0801296610, closed financial year 2024 with a result of € -561 after tax. For that financial year PaperWorX recorded a gross margin of € 5,361 and equity of € 5,886. Compared with financial year 2023, the result moved from € 1,448 to € -561. 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 26, 2025.
€ 5,886
▼ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -561
▼ still € 1,448 profit in 2023
Profit after tax over the fiscal year.
€ 9,148
▲ 11% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 886.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 154,700
▼ 5% vs 2023
€ 14,739 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 362
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 4,167 | € 5,361 | ▲ 29% |
| Profit after taxes | € 1,448 | € -561 | ▼ € 2,009 |
| Equity | € 6,448 | € 5,886 | ▼ 9% |
| Total debts | € 172,824 | € 180,262 | ▲ 4% |
| Cash | € 8,272 | € 9,148 | ▲ 11% |
| Retained profit | € 1,448 | € 886 | ▼ 39% |
| Bank debt | € 163,462 | € 154,700 | ▼ 5% |
| Balance sheet total | € 179,272 | € 186,148 | ▲ 4% |
Key figures of PaperWorX, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PaperWorX?
What happened at PaperWorX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 561 (▼ € 2,009 vs 2023). filed late Source: NBB ↗
- New establishment in Beringen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,448 profit in 2023 to € 561 loss in 2024.
Paid € 362 in corporate taxes since 2023.
Best year ever: 2023, with € 1,448 profit.
Management
Behind PaperWorX is Filip Bosmans. Filip Bosmans is also behind TOTAL COPY SERVICE.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Bergske 1
3580 Beringen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0801.296.610
- VAT number
- BE 0801.296.610
- Registered office
- Bergske 1, 3580 Beringen
- Names & denominations
- PaperWorX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 2023
- Peppol
- Active · Active since 10 May 2023
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