Financials
Financial year 2025
PAPER DUCK from Flémalle, company number BE0837705955, closed financial year 2025 with a result of € 13,683 after tax. For that financial year PAPER DUCK recorded a gross margin of € 207,584 and equity of € 157,393. Compared with financial year 2024, the result moved from € 13,274 to € 13,683. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 157,393
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,683
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 158,144
▲ 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 € 102,424.
People and assets in 2025
€ 133,594
▼ 2% 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.
€ 42,774
▲ 114% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 317,971
▼ 1% vs 2024
€ 41,152 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 30,546
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,425
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 183,127 | € 185,382 | € 205,438 | € 207,584 | ▲ 1% |
| Profit after taxes | € 13,329 | € -4,364 | € 13,274 | € 13,683 | ▲ 3% |
| Equity | € 116,636 | € 136,021 | € 146,503 | € 157,393 | ▲ 7% |
| Total debts | € 591,038 | € 583,574 | € 542,370 | € 528,980 | ▼ 2% |
| Cash | € 129,371 | € 118,202 | € 149,613 | € 158,144 | ▲ 6% |
| Land & buildings | € 306,050 | € 292,821 | € 282,790 | € 270,592 | ▼ 4% |
| Retained profit | € 98,036 | € 77,328 | € 90,602 | € 102,424 | ▲ 13% |
| Dividend | € 0 | € 16,345 | € 0 | € 0 | |
| Bank debt | € 408,760 | € 363,783 | € 321,947 | € 317,971 | ▼ 1% |
| Balance sheet total | € 707,674 | € 719,596 | € 688,873 | € 686,373 |
Key figures of PAPER DUCK, 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 PAPER DUCK?
What happened at PAPER DUCK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,683 (▲ 3% vs 2024). filed late Source: NBB ↗
- Ludovic MOUTSCHEN became a director. NBB
- Christophe RAMACCIOTTI became a director. NBB
- New establishment in Flémalle. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,329 profit in 2022 to € 13,683 profit in 2025.
Paid € 14,207 in corporate taxes since 2022.
Best year ever: 2025, with € 13,683 profit.
Paid out € 16,345 in dividends to the owners in total.
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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 PAPER DUCK are Ludovic MOUTSCHEN and Christophe RAMACCIOTTI.
Directors
According to the 2025 annual accounts
Ludovic MOUTSCHEN
Director
since 2025
Christophe RAMACCIOTTI
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Chaussée de Ramioul(IVR) 35
4400 Flémalle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0837.705.955
- VAT number
- BE 0837.705.955
- Registered office
- Chaussée de Ramioul(IVR) 35, 4400 Flémalle
- Names & denominations
- PAPER DUCK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2011
- Peppol
- Active · Active since 2 Dec 2025
- Contact
- paperduck.be
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