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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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAPER AND BOARDS from Malle, company number BE0863769954, closed financial year 2025 with a result of € 19,004 after tax. For that financial year PAPER AND BOARDS recorded a gross margin of € 1.4 million and equity of € 712,420. Compared with financial year 2024, the result moved from € 70,059 to € 19,004. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 19, 2025.
€ 712,420
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,004
▼ 73% vs 2024
Profit after tax over the fiscal year.
€ 123,340
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 859 paid out
5 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
18.6
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 974,147
▲ 15% vs 2024
€ 52,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.1 million
▲ 17% vs 2024
Of which on lease € 1.1 million.
Debts at end 2025
€ 1.9 million
▲ 3% vs 2024
€ 388,310 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 381,748
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 189,657
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,316,413 | € 1,429,786 | € 1,349,129 | € 1,417,146 | ▲ 5% |
| Profit after taxes | € 155,620 | € 132,849 | € 70,059 | € 19,004 | ▼ 73% |
| Equity | € 532,614 | € 664,663 | € 694,275 | € 712,420 | ▲ 3% |
| Total debts | € 2,683,339 | € 2,661,347 | € 2,554,946 | € 2,670,249 | ▲ 5% |
| Cash | € 22,356 | € 197,031 | € 143,611 | € 123,340 | ▼ 14% |
| Land & buildings | € 265,410 | € 247,011 | € 228,613 | € 210,215 | ▼ 8% |
| Retained profit | € 514,014 | € 646,063 | € 675,675 | € 693,820 | ▲ 3% |
| Dividend | € 0 | € 800 | € 40,447 | € 859 | ▼ 98% |
| Bank debt | € 1,881,445 | € 1,919,669 | € 1,871,591 | € 1,925,072 | ▲ 3% |
| Balance sheet total | € 3,215,953 | € 3,326,010 | € 3,249,221 | € 3,382,668 | ▲ 4% |
| Employees (FTE) | 16.9 | 17.1 | 18.3 | 18.6 | ▲ 0.3 |
Key figures of PAPER AND BOARDS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PAPER AND BOARDS?
What happened at PAPER AND BOARDS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,004 (▼ 73% vs 2024). Source: NBB ↗
- New establishment in Malle. KBO
- Start of the company according to the CBE. KBO
In short
From € 155,620 profit in 2022 to € 19,004 profit in 2025.
Paid € 100,821 in corporate taxes since 2022.
Best year ever: 2022, with € 155,620 profit.
On average € 76,200 of value added per employee 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
Behind PAPER AND BOARDS is Willy Van Den Langenbergh.
Directors
According to the 2025 annual accounts
Willy Van Den Langenbergh
Director
Establishments
Establishment units
Physical locations of this company
Ambachtsstraat 1
2390 Malle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0863.769.954
- VAT number
- BE 0863.769.954
- Registered office
- Ambachtsstraat 1, 2390 Malle
- Names & denominations
- PAPER AND BOARDS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 2004
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
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