Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2021.
Financials
Financial year 2024
FRANCK PAPAZIAN CONSULTANTS from Ukkel, company number BE0886009084, closed financial year 2024 with a result of € 154,725 after tax. For that financial year FRANCK PAPAZIAN CONSULTANTS recorded a gross margin of € 180,614 and equity of € 18.7 million. Compared with financial year 2023, the result moved from € -70,586 to € 154,725. Profitable, and profit is growing. 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 November 10, 2025.
€ 18.7 million
▲ € 15 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 154,725
▲ still € 70,587 loss in 2023
Profit after tax over the fiscal year.
€ 40,320
▲ € 39,838 vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 306,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 3,109
▼ 96% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 88,817
▲ 58% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 91,218 | € 89,492 | € -70,317 | € 180,614 | ▲ € 250,931 |
| Profit after taxes | € 61,656 | € 66,356 | € -70,586 | € 154,725 | ▲ € 225,312 |
| Equity | € 3,685,907 | € 3,715,285 | € 3,644,699 | € 18,654,377 | ▲ € 15 million |
| Total debts | € 362,546 | € 138,694 | € 135,033 | € 171,946 | ▲ 27% |
| Cash | € 130,589 | € 4,189 | € 482 | € 40,320 | ▲ € 39,838 |
| Retained profit | € 3,673,507 | € 3,702,885 | € 3,632,299 | € 3,481,024 | ▼ 4% |
| Dividend | € 0 | € 36,978 | € 0 | € 306,000 | |
| Balance sheet total | € 4,048,453 | € 3,853,980 | € 3,779,732 | € 18,826,322 | ▲ € 15 million |
Key figures of FRANCK PAPAZIAN CONSULTANTS, fiscal years 2021 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 FRANCK PAPAZIAN CONSULTANTS?
What happened at FRANCK PAPAZIAN CONSULTANTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 154,725. filed late Source: NBB ↗
- Franck Mourad Papazian became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 61,656 profit in 2021 to € 154,725 profit in 2024.
Paid € 101,618 in corporate taxes since 2021.
Best year ever: 2024, with € 154,725 profit.
Paid out € 342,978 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 FRANCK PAPAZIAN CONSULTANTS is Franck Mourad Papazian. It owns 87.4% of AdMediaGroup and 17.4% of SAS Learning Management itself.
Directors
According to the 2024 annual accounts
Franck Mourad Papazian
Director
since 2006
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 935
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0886.009.084
- VAT number
- BE 0886.009.084
- Registered office
- Waterloosesteenweg 935, 1180 Ukkel
- Names & denominations
- FRANCK PAPAZIAN CONSULTANTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2006
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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