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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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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PAPYPOL from Ingelmunster, company number BE0893136210, closed financial year 2025 with a result of € 2.6 million after tax. For that financial year PAPYPOL recorded revenue of € 1.4 million and equity of € 5.7 million. Compared with financial year 2024, the result moved from € -977 to € 2.6 million. 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 July 8, 2025.
€ 5.7 million
▲ 83% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.6 million
▲ still € 977 loss in 2024
Profit after tax over the fiscal year.
€ 23,440
▲ 257% 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 € 5.2 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 17,739
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 44
▼ 99% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 164,979 | € 198,881 | € 413,322 | € 1,372,817 | ▲ 232% |
| Profit after taxes | € 1,047,058 | € 50,074 | € -977 | € 2,584,994 | ▲ € 2.6 million |
| Equity | € 2,959,543 | € 3,009,616 | € 3,125,097 | € 5,710,091 | ▲ 83% |
| Total debts | € 2,177,300 | € 1,817,560 | € 3,987,454 | € 46,324 | ▼ 99% |
| Cash | € 55,477 | € 28,000 | € 6,572 | € 23,440 | ▲ 257% |
| Land & buildings | € 2,499,359 | € 2,405,820 | € 5,347,146 | € 2,953,547 | ▼ 45% |
| Retained profit | € 2,509,543 | € 2,559,616 | € 2,638,947 | € 5,223,941 | ▲ 98% |
| Bank debt | € 980,372 | € 875,657 | € 2,683,431 | € 0 | ▼ 100% |
| Balance sheet total | € 5,136,843 | € 4,827,176 | € 7,112,551 | € 5,756,414 | ▼ 19% |
Key figures of PAPYPOL, 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 December 2026.
What happened to PAPYPOL?
What happened at PAPYPOL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.6 million. Source: NBB ↗
- New establishment in Ingelmunster. KBO
- Pol FONTAINE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1 million profit in 2022 to € 2.6 million profit in 2025.
Paid € 912,223 in corporate taxes since 2022.
Best year ever: 2025, with € 2.6 million profit.
Pays suppliers within 34 days on average.
Management
The stake of Veda comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PAPYPOLBehind PAPYPOL is Pol FONTAINE. The shares are held by Veda (100%). It owns 100% of JMPL-SPA itself.
Directors
According to the 2025 annual accounts
since 2023
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Nijverheidstraat 2A
8770 Ingelmunster
Nijverheidstraat 2a
8770 Ingelmunster
Active since 1 April 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →BEST
€ 1.1 million gross margin · 2025
WILMAR
€ 100,366 gross margin · 2025
UNICOL
€ 522,108 gross margin · 2025
LENDAL
€ 1.8 million gross margin · 2025
Theuco
€ 1.1 million gross margin · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0893.136.210
- VAT number
- BE 0893.136.210
- Registered office
- Nijverheidstraat 2A, 8770 Ingelmunster
- Names & denominations
- PAPYPOL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 2007
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
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