Active BE 0427.801.870Public limited company

Paepens

Armand De Riemaeckerstraat 3 ·9400 Ninove, Belgium· 40 yrs active

Sector: Groothandel in installatiemateriaal voor loodgieterswerk en verwarming (46842)

Conclusion Checked

The computed 12-month bankruptcy probability of Paepens is 0.3% (very low). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.

Key figures

Active	40 yrs
Board	4
Locations	1
Publications	7

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

Long track record −Lower-risk legal form −Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1985, 40 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financial overview10 NBB filings

Financials being processed

NBB has 10 filing(s) on record for this company, latest fiscal year 2024 (verkort). The annual accounts are being processed.

Filings on record

Fiscal year	Type	Filed	Reference
31-12-2024	verkort	05-08-2025	2025-00359845
31-12-2023	verkort	18-07-2024	2024-00257110
31-12-2022	verkort	13-07-2023	2023-00231934
31-12-2021	verkort	08-07-2022	2022-20168214
31-12-2020	verkort	02-07-2021	2021-30000157
31-12-2019	verkort	07-07-2020	2020-28600153
31-12-2018	verkort	02-07-2019	2019-27000477
31-12-2017	verkort	16-07-2018	2018-32600467
31-12-2016	volledig	07-07-2017	2017-28000167
31-12-2015	volledig	06-07-2016	2016-28700204

Directors & mandates 4 directors

Directors derived from a single State Gazette act, under verification

All 4 current directors first appear in the same act (24150246). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.

Current directors & mandates

Alain Paepens
Director
State Gazette act 24150246 (21-10-2024)

Current
02-07-2018 → present
2 events
- 29-06-2024 Mandate renewed· Director
- 02-07-2018 Mandate renewed· Director
Marc Paepens
Director
State Gazette act 24150246 (21-10-2024)

Current
02-07-2018 → present
2 events
- 29-06-2024 Mandate renewed· Director
- 02-07-2018 Mandate renewed· Director
Marianne Paepens
Director
State Gazette act 24150246 (21-10-2024)

Current
02-07-2018 → present
3 events
- 29-06-2024 Mandate renewed· Director
- 02-07-2018 Mandate renewed· Director
- 02-07-2018 Appointed· Managing director
Michael Paepens
Director
State Gazette act 24150246 (21-10-2024)

Current
02-07-2018 → present
3 events
- 29-06-2024 Mandate renewed· Director
- 02-07-2018 Mandate renewed· Director
- 02-07-2018 Appointed· Managing director

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor 1 auditor

Statutory auditor	IRE/IBR number	Tenure
VYVEY & C°, BEDRIJFSREVISOREN Statutory auditor · represented by Steven Vyvey	-	28-12-2016 → 22-10-2019

Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Legal Structure

NACE primary	Groothandel in installatiemateriaal voor loodgieterswerk en verwarming(46842)
Legal form	Public limited company(014)
Incorporation	15-10-1985
Status	Active
Postal code	9400

Connections & network 3 connected companies

Network connections

BOPAEP

Shared address

→

JAGHI

Shared address

→

JAGIBO

Shared address

→

Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Establishment units 1 location

PAEPENS NV

Armand De Riemaeckerstraat 3, 9400 Ninovehet bouwen van koelkamers, kluizen, enz.

since 19982.027.974.446

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41362B0953/00A002	Flanders	677 m²	1 · 464 m²	-

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 17 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

05-05-2026

State Gazette act Open capture

Seat change · Board meeting · Act object

2025

05-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

18-11-2024

State Gazette act Registered-office change

v3.2

21-10-2024

State Gazette act Director changes

v3.2

18-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

2023

13-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

2022

08-07-2022

NBB filing Annual accounts filed

fiscal year 2021 · verkort

2021

02-07-2021

NBB filing Annual accounts filed

fiscal year 2020 · verkort

15-01-2021

State Gazette act Statutes amendment

v3.2

2020

07-07-2020

NBB filing Annual accounts filed

fiscal year 2019 · verkort

2019

22-10-2019

State Gazette act Director changes

v3.2

02-07-2019

NBB filing Annual accounts filed

fiscal year 2018 · verkort

2018

26-09-2018

State Gazette act Director changes

v3.2

16-07-2018

NBB filing Annual accounts filed

fiscal year 2017 · verkort

2017

07-07-2017

NBB filing Annual accounts filed

fiscal year 2016 · volledig

2016

28-12-2016

State Gazette act Director changes

v3.2

06-07-2016

NBB filing Annual accounts filed

fiscal year 2015 · volledig

Belgisch Staatsblad, acts 7 acts

Address history · 2

05-05-2026

Seat change: to: Armand de Riemaeckerstraat 3 bus 2, 9400 Ninove, from: Geraardsbergsesteenweg 515, 9400 Ninove, effective_date: 2026-04-01

18-11-2024

v3.2

All acts · 7 updated 3 months ago

2026

05-05-2026 Seat change · Board meeting · Act object Open-capture extraction

Filing: 2026-04-08 · Paepens
Seat change: to: Armand de Riemaeckerstraat 3 bus 2, 9400 Ninove, from: Geraardsbergsesteenweg 515, 9400 Ninove, effective_date: 2026-04-01 · Paepens
Board meeting: 2026-04-01 · Paepens
Publication: 2026-05-05
Act object: Zetel (zetelverplaatsing)

Summary: Seat change · Board meeting · Act object

Original publication ↗

Technical details

{
  "facts": [
    {
      "type": "filing",
      "quote": "NEERLEGGING TEP E ONDERNEMINGS30-3 afdeling DENDERIONDE 08 APR. 2026",
      "value": "2026-04-08",
      "object": null,
      "subject": "e1"
    },
    {
      "type": "seat_change",
      "quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van Geraardsbergsesteenweg 515, 9400 Ninove naar Armand de Riemaeckerstraat 3 bus 2, 9400 Ni\u0146ove, en dit vanaf 01/04/2026.",
      "value": {
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        "from": "Geraardsbergsesteenweg 515, 9400 Ninove",
        "effective_date": "2026-04-01"
      },
      "object": null,
      "subject": "e1"
    },
    {
      "type": "board_meeting",
      "quote": "Op 01/04/2026 heeft het bevoegde bestuursorgaan als volgt beslist:",
      "value": "2026-04-01",
      "object": null,
      "subject": "e1"
    },
    {
      "type": "publication",
      "quote": "Belgisch Staatsblad - 05/05/2026",
      "value": "2026-05-05",
      "object": null,
      "subject": null
    },
    {
      "type": "act_object",
      "quote": "Onderwerp akte: Zetel (zetelverplaatsing)",
      "value": "Zetel (zetelverplaatsing)",
      "object": null,
      "subject": null
    }
  ],
  "act_meta": {
    "model_id": 40,
    "extractor": "open-capture-27b-v3",
    "ocr_chars": 1160,
    "truncated": false,
    "needs_verify": true
  },
  "entities": [
    {
      "id": "e1",
      "kbo": "0427.801.870",
      "kind": "company",
      "name": "Paepens",
      "attrs": {
        "new_seat": "Armand de Riemaeckerstraat 3 bus 2, 9400 Ninove",
        "old_seat": "Geraardsbergsesteenweg 515, 9400 Ninove",
        "legal_form": "Naamloze vennootschap (NV)"
      }
    },
    {
      "id": "e2",
      "kbo": null,
      "kind": "person",
      "name": "Marianne Paepens",
      "attrs": {
        "role": "Bestuurder"
      }
    }
  ]
}

2024

18-11-2024 Registered office moved within Ninove Registered-office change

Ten Beukenboom 19, 9400 Ninove → Geraardsbergsesteenweg 515, 9400 Ninove

Summary: v3.2

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Ninove",
        "region": null,
        "street": "Geraardsbergsesteenweg",
        "country": "BE",
        "postcode": "9400",
        "box_number": null,
        "street_number": "515"
      },
      "old_address": {
        "city": "Ninove",
        "region": null,
        "street": "Ten Beukenboom",
        "country": "BE",
        "postcode": "9400",
        "box_number": null,
        "street_number": "19"
      },
      "effective_date": "2024-11-01",
      "evidence_quote": "Het bestuursorgaan beslist dat de zetel van de vennootschap zal worden verplaatst van Ten Beukenboom 19,, 9400 Ninove naar Geraardsbergsesteenweg 515, 9400 Ninove, en dit vanaf 01/11/2024."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0427.801.870",
    "name_full": "PAEPENS",
    "legal_form": "NV"
  }
}

21-10-2024 4 reappointed Director changes

Michael Paepens, Bestuurder
Marianne Paepens, Bestuurder
Alain Paepens, Bestuurder
Marc Paepens, Bestuurder

Summary: v3.2

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Michael Paepens",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2024-06-29",
      "evidence_quote": "De algemene vergadering beslist tot de herbenoeming van Michael Paepens, met woonplaats te 9506 Schendelbeke Aalstsesteenweg 30, als niet-statutaire bestuurder, en dit met ingang op 29/06/2024."
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Marianne Paepens",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2024-06-29",
      "evidence_quote": "De algemene vergadering beslist tot de herbenoeming van Marianne Paepens, met woonplaats te 9820 Merelbeke Burgemeester de Guchteneerelaan 11, als niet-statutaire bestuurder, en dit met ingang op 29/06/2024."
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Alain Paepens",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2024-06-29",
      "evidence_quote": "De algemene vergadering beslist tot de herbenoeming van Alain Paepens, met woonplaats te 9860 Scheldewindeke Hettingen 42, als niet-statutaire bestuurder, en dit met ingang op 29/06/2024."
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Marc Paepens",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2024-06-29",
      "evidence_quote": "De algemene vergadering beslist tot de herbenoeming van Marc Paepens, met woonplaats te 9320 Erembodegem Vosholleweg 22, als niet-statutaire bestuurder, en dit met ingang op 29/06/2024."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0427.801.870",
    "name_full": "PAEPENS",
    "legal_form": "NV"
  }
}

2021

15-01-2021 Articles of association amended Statutes amendment

Summary: v3.2

Original publication ↗

Technical details

{
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "statute_change": {
    "name_change": true,
    "seat_change": true,
    "object_change": false,
    "effective_date": "2021-01-07",
    "legal_form_change": false
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0427.801.870",
    "name_full": "PAEPENS",
    "legal_form": "NV"
  },
  "signature_regime": "joint_two",
  "special_mandates": [
    {
      "quote": "\u0022VYVEY \u0026 C\u00B0, ACCOUNTANTS\u0022 BV, met zetel te Langestraat 223 bus 5, 2240 ZANDHOVEN, RPR nummer 879.160.983 of elke andere door hem aangewezen persoon, is aangewezen als lasthebber ad hoc van de vennootschap, om over de fondsen te beschikken, alle documenten te ondertekenen en alle nodige formaliteiten te vervullen bij de administratie van de btw en met het oog op de inschrijving bij de Kruispuntbank van Ondernemingen.",
      "holder_kbo": "879.160.983",
      "holder_name": "VYVEY \u0026 C\u00B0, ACCOUNTANTS BV",
      "scope_categories": [
        "tax",
        "kbo",
        "filing"
      ],
      "with_substitution": true
    }
  ],
  "governance_change": {
    "admin_delegated_added": []
  }
}

2019

22-10-2019 Steven Vyvey reappointed as statutory auditor Director changes

Steven Vyvey, Commissaris

Summary: v3.2

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "commissaris_renew",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Steven Vyvey",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "0859596677",
        "name": "VYVEY \u0026 C\u00B0, Bedrijfsrevisoren BVBA",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "evidence_quote": "Herbenoeming van de Commissaris voor een termijn van drie jaar om van rechtswege een einde te nemen bij de algemene vergadering van het jaar 2022, met name : VYVEY \u0026 C\u00B0, Bedrijfsrevisoren BVBA met zetel te 9820 Merelbeke, Verlorenbroodstraat 122, ond.nr. 0859.596.677 vertegenwoordigd door de heer St"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0427.801.870",
    "name_full": "PAEPENS",
    "legal_form": "NV"
  }
}

2018

26-09-2018 2 directors appointed, 4 reappointed Director changes

Paepens Michaël, Gedelegeerd bestuurder
Paepens Marianne, Gedelegeerd bestuurder
Paepens Michaël, Bestuurder
Paepens Marianne, Bestuurder
Paepens Alain, Bestuurder
Paepens Marc, Bestuurder

Summary: v3.2

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Paepens Micha\u00EBl",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2018-07-02",
      "evidence_quote": "Herbenoeming bestuurders voor een termijn van zes jaar om van rechtswege een einde te nemen bij de jaarvergadering van het jaar 2024 met name : - De heer Paepens Micha\u00EBl"
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
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        "rrn": null,
        "name": "Paepens Marianne",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2018-07-02",
      "evidence_quote": "Herbenoeming bestuurders voor een termijn van zes jaar om van rechtswege een einde te nemen bij de jaarvergadering van het jaar 2024 met name : - Mevrouw Paepens Marianne"
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Paepens Alain",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2018-07-02",
      "evidence_quote": "Herbenoeming bestuurders voor een termijn van zes jaar om van rechtswege een einde te nemen bij de jaarvergadering van het jaar 2024 met name : - De heer Paepens Alain"
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Paepens Marc",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2018-07-02",
      "evidence_quote": "Herbenoeming bestuurders voor een termijn van zes jaar om van rechtswege een einde te nemen bij de jaarvergadering van het jaar 2024 met name : - De heer Paepens Marc"
    },
    {
      "kind": "director_in",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "Paepens Micha\u00EBl",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2018-07-02",
      "evidence_quote": "Uit de notulen van de Raad van Bestuur gehouden op 2 juli 2018 blijkt dat de heer Paepens Micha\u00EBl en m\u00E9vrouw Paepens Marianne worden aangesteld als gedelegeerd bestuurder tot de jaarvergadering van het jaar 2024."
    },
    {
      "kind": "director_in",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "Paepens Marianne",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2018-07-02",
      "evidence_quote": "Uit de notulen van de Raad van Bestuur gehouden op 2 juli 2018 blijkt dat de heer Paepens Micha\u00EBl en m\u00E9vrouw Paepens Marianne worden aangesteld als gedelegeerd bestuurder tot de jaarvergadering van het jaar 2024."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0427.801.870",
    "name_full": "PAEPENS",
    "legal_form": "NV"
  }
}

2016

28-12-2016 Steven Vyvey reappointed as statutory auditor Director changes

Steven Vyvey, Commissaris

Summary: v3.2

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "commissaris_renew",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Steven Vyvey",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "0859596677",
        "name": "VYVEY \u0026 C\u00B0",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "evidence_quote": "Herbenoeming van de Commissaris voor een termijn van dr\u00EDe jaar om van rechtswege een einde te nemen bij de algemene vergadering van het jaar 2019, met name: VYVEY \u0026 C\u00B0, Bedrijfsrevisoren, Burg. Venn. BVBA met zetel te 9820 Merelbeke, Verlorenbroodstraat 122, ond.nr. 0859.596.677 vertegenwoordigd doo"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0427.801.870",
    "name_full": "PAEPENS",
    "legal_form": "NV"
  }
}

Credit advice verdict per customer and amount

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Company registry (CBE) Crossroads Bank

Activities

Groothandel in installatiemateriaal voor loodgieterswerk en verwarming46742Groothandel in installatiemateriaal voor loodgieterswerk en verwarming46842Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Groothandel in bouwmaterialen, algemeen assortiment46731Groothandel in bouwmaterialen, algemeen assortiment46831Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair51532

Primary activity highlighted.

Names & trade names

Legal nameNL

Paepens

Registered office

Armand De Riemaeckerstraat 3 bus 2

9400 Ninove, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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