Financials
Financial year 2025
Papilioj from Merelbeke-Melle, company number BE0830281891, closed financial year 2025 with a result of € 6,180 after tax. For that financial year Papilioj recorded a gross margin of € 102,282 and equity of € 91,081. Compared with financial year 2024, the result moved from € 14,638 to € 6,180. The company is profitable. 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 July 28, 2026.
€ 91,081
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,180
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 31,029
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 78,681.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 75,035
▲ 29% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 45,757
▲ € 39,174 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,446
▼ 29% vs 2024
€ 4,420 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 16,746
▲ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,407
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 142,265 | € 115,031 | € 86,107 | € 102,282 | ▲ 19% |
| Profit after taxes | € 20,770 | € 275 | € 14,638 | € 6,180 | ▼ 58% |
| Equity | € 69,988 | € 70,263 | € 84,901 | € 91,081 | ▲ 7% |
| Total debts | € 69,439 | € 47,529 | € 44,553 | € 82,700 | ▲ 86% |
| Cash | € 17,943 | € 14,282 | € 33,183 | € 31,029 | ▼ 6% |
| Retained profit | € 57,588 | € 57,863 | € 72,501 | € 78,681 | ▲ 9% |
| Bank debt | € 25,035 | € 19,039 | € 14,783 | € 10,446 | ▼ 29% |
| Balance sheet total | € 139,427 | € 117,792 | € 129,454 | € 173,782 | ▲ 34% |
Key figures of Papilioj, 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 Papilioj?
What happened at Papilioj in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,180 (▼ 58% vs 2024). Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Leslie Buyck became a director. NBB
In short
From € 20,770 profit in 2022 to € 6,180 profit in 2025.
Paid € 16,170 in corporate taxes since 2022.
Best year ever: 2022, with € 20,770 profit.
Management
Behind Papilioj is Leslie Buyck.
Directors
According to the 2025 annual accounts
Leslie Buyck
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Grepstraat 105A
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- BUYCK Leslie Marcel Gerarda(oprichter) 100%
Details
- Company number
- 0830.281.891
- VAT number
- BE 0830.281.891
- Registered office
- Grepstraat 105A, 9820 Merelbeke-Melle
- Names & denominations
- Papilioj
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 2010
- Peppol
- Active · Active since 28 Aug 2023
- Activities · NACE
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