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GERMAN PULPAPER

Active Private limited company (pre-2019)founded 2005active for 21 yearsWinston Churchilllaan 152, 1180 UccleKBO/BCE: BE 0876.980.859

Lifetime

11 annual accounts with figures on one time axis
peak €73,917 (2007)
-€450 
lowest -€37,308 (2006)
-€450 
peak €25,731 (2007)
€15,424 
-not published
peak 1.1 FTE (2006)
-not published
Documentsfilings and deeds
30-07-20251 day before the deadline
2024micro format
Loss of €450No figures for the year before

Key points

from the 2024 annual accounts

Losses

-€2,582 in four years
-3872018-4502019-1,2952022-4502024

Every financial year from 2018 to 2024 closed with a loss. 2022 was the heaviest.

Filings

11 annual accounts 100 days past the deadline
AprilJune31 JulyOctober201020152020

2025 accounts not filed: deadline was 31-07-2026.

Too few figures to score

Bankruptcy probability

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Filing: One annual filing is missing
Bankruptcy probability within 12 months
5.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 8.7% 01-2025: 13.7%▲ +5.0 percentage points vs 12-2024 02-2025: 13.7%● unchanged vs 01-2025 03-2025: 14.0%▲ +0.3 percentage points vs 02-2025highest value 04-2025: 13.5%▼ -0.5 percentage points vs 03-2025 05-2025: 13.5%● unchanged vs 04-2025 06-2025: 13.5%● unchanged vs 05-2025 07-2025: 13.5%● unchanged vs 06-2025 08-2025: 1.7%▼ -11.8 percentage points vs 07-2025 09-2025: 1.7%● unchanged vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.6%▼ -0.1 percentage points vs 11-2025lowest value 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.7%▲ +0.1 percentage points vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.7%● unchanged vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 3.1%▲ +1.3 percentage points vs 07-2026 09-2026: 3.4%▲ +0.3 percentage points vs 08-2026 10-2026: 5.4%▲ +2.0 percentage points vs 09-2026 11-2026: 5.4%● unchanged vs 10-2026

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as GERMAN PULPAPER has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of GERMAN PULPAPER itself is higher: 5.4% within 12 months. It rests on far more data about GERMAN PULPAPER than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,322 companies, not a prediction for GERMAN PULPAPER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed on 31-07-2025)
NBB · annual accounts
lowers risk · Size: total assets €15,424
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquiditeit niet neergelegd
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 100 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline08-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
1 day early
2022
28 days early
2019
74 days late
2018
8 days late
2015
8 days late
2012
357 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 6 accounts on average 70 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

Incorporation published on 08-11-2005 · Gazette deed
All 18 events

Official details

Source: KBO
Status
Active since 27-10-2005Normal situation
Registered office
10 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 8 November 2026.
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2024

€15,424
Filing
Filed on 30-07-2025
Financials

Insights on GERMAN PULPAPER

GERMAN PULPAPER files the micro format. That format states no turnover. The gross margin rose from -€5,628 in 2006 to -€450 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GERMAN PULPAPER

What is the company number of GERMAN PULPAPER?
The company number of GERMAN PULPAPER is 0876.980.859. The VAT number is the same number with BE in front: BE 0876.980.859.
Where is GERMAN PULPAPER based?
The registered office is at Winston Churchilllaan 152, 1180 Uccle.Company details
What is the legal form of GERMAN PULPAPER?
GERMAN PULPAPER is a private limited company (pre-2019) (BVBA).
When was GERMAN PULPAPER founded?
GERMAN PULPAPER was founded on 27-10-2005.
Is GERMAN PULPAPER still active?
Yes, GERMAN PULPAPER is an active enterprise in the KBO register.
What is the turnover of GERMAN PULPAPER?
The annual accounts for financial year 2024 state no turnover.Financials
Is GERMAN PULPAPER profitable?
In financial year 2024, GERMAN PULPAPER made a loss of €450.
Where can I find the annual accounts of GERMAN PULPAPER?
GERMAN PULPAPER filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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