Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAPILLA from Namur, company number BE0829341783, closed financial year 2025 with a result of € -509 after tax. For that financial year PAPILLA recorded a gross margin of € -509 and equity of € -23,003. Compared with financial year 2024, the result moved from € -495 to € -509. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ -23,003
▼ € 509 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -509
▼ 3 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -29,303.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -441 | € -2,354 | € -495 | € -509 | ▼ € 14 |
| Profit after taxes | € -441 | € -2,354 | € -495 | € -509 | ▼ € 14 |
| Equity | € -19,645 | € -21,999 | € -22,494 | € -23,003 | ▼ € 509 |
| Total debts | € 19,645 | € 21,999 | € 22,494 | € 23,003 | ▲ 2% |
| Retained profit | € -25,945 | € -28,299 | € -28,794 | € -29,303 | ▼ € 509 |
Key figures of PAPILLA, 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 PAPILLA?
What happened at PAPILLA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 509. Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 441 loss in 2022 to € 509 loss in 2025.
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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
Directors
According to the 2025 annual accounts
Madeleine BAIVIER
Director
Establishments
Establishment units
Physical locations of this company
Av. du Bourg. Jean Materne(JB) 66
5100 Namur
Av. du Bourg. Jean Materne(JB) 66-68
5100 Namur
Active since 1 January 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0829.341.783
- VAT number
- BE 0829.341.783
- Registered office
- Av. du Bourg. Jean Materne(JB) 66, 5100 Namur
- Names & denominations
- PAPILLA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2010
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in schoeisel
Detailhandel in damesbovenkleding
Detailhandel in onderkleding, lingerie en strand- en badkleding
Detailhandel in kledingaccessoires
Detailhandel in souvenirs en religieuze artikelen
Detailhandel in souvenirs en religieuze artikelen in gespecialiseerde winkels