Paparoti holding is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €6.27M and a net result of €49k. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 56% of 6156 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
5 d late
2022
140 d late
2021
92 d late
2020
31 d late
2019
70 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€6.27M▲ 0.8%
2023 · €6.22M
2018: €7.34M
2019: €7.19M
2020: €6.96M
2021: €6.71M
2022: €6.51M
2023: €6.22M
2018 → 2024
Net result
€49k
2023 · €-291k
2018: €-276k
2019: €-150k
2020: €-230k
2021: €-253k
2022: €-200k
2023: €-291k
2018 → 2024
Total assets
€10.78M▼ 3.1%
2023 · €11.12M
2018: €10.80M
2019: €10.88M
2020: €11.03M
2021: €10.99M
2022: €11.14M
2023: €11.12M
2018 → 2024
Solvency
58.2%▲ 2.2pp
2023 · 56.0%
2018: 68.0%
2019: 66.1%
2020: 63.1%
2021: 61.1%
2022: 58.4%
2023: 56.0%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€6.96M-€6.71M▼ 3.6%€6.51M▼ 3.0%€6.22M▼ 4.5%€6.27M▲ 0.8%
Operating result€-86k-€-105k▼ 22.0%€-36k▲ 65.4%€-51k▼ 40.6%€147k
Net result€-230k-€-253k▼ 10.0%€-200k▲ 21.0%€-291k▼ 45.6%€49k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €147k after a loss of €51k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10.78M
Fixed assets
€10.01M▼ 0.5%
Current assets
€763k▼ 27.5%
Equity and liabilities €10.78M
Equity
€6.27M▲ 0.8%
Debt
€4.51M▼ 7.9%
The debt ratio falls from 44.0% to 41.8%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
58.2%▲
2023 · 56.0%
ROE
0.8%▲
2023 · -4.7%
ROA
0.5%▲
2023 · -2.6%
Debt
€4.51M▼
2023 · €4.90M
Debt ≤ 1 year
€25k▲
2023 · €7k
Debt > 1 year
€3.83M▼
2023 · €4.34M
Income taxes
€3k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€11.12M€10.78M▼
Fixed assets21/28€10.06M€10.01M▼
Tangible fixed assets22/27€0€0=
Furniture and vehicles24€0€0=
Financial fixed assets28€10.06M€10.01M▼
Current assets29/58€1.05M€763k▼
Amounts receivable within one year40/41€300k€10k▼
Trade receivables40€2k€9k▲
Other amounts receivable41€298k€587▼
Cash at bank and in hand54/58€658€1k▲
Deferred charges and accrued income490/1€752k€752k▲
Equity and liabilities
Total equity and liabilities10/49€11.12M€10.78M▼
Equity10/15€6.22M€6.27M▲
Contributions10/11€7.72M€7.72M=
Profit (loss) carried forward14€-1.50M€-1.45M▲
Amounts payable17/49€4.90M€4.51M▼
Amounts payable after more than one year17€4.34M€3.83M▼
Other amounts payable178/9€4.34M€3.83M▼
Amounts payable within one year42/48€7k€25k▲
Financial debts43€2k-
Credit institutions430/8€2k-
Trade debts44€3k€20k▲
Suppliers440/4€3k€20k▲
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Accrued charges and deferred income492/3€553k€655k▲
Income statement
Code20232024
Non-recurring operating income76A€7k-
Remuneration, social security and pensions62€271-
Other operating charges640/8€4k€3k▼
Gross operating margin9900€-47k€151k▲
Operating profit (loss)9901€-51k€147k▲
Financial income75/76B-€7k
Recurring financial income75-€7k
Financial charges65/66B€238k€102k▼
Recurring financial charges65€238k€102k▼
Profit (loss) for the period before taxes9903€-289k€51k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€-291k€49k▲
Profit (loss) for the period to be appropriated9905€-291k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.50M€-1.45M▲
Profit (loss) brought forward from the previous period14P€-1.21M€-1.50M▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Back to profitnet €49k
Net result €49k after 6 loss-making years.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
31-12
Financial
Weakest financial yearnet €-291k
Net result drops to €-291k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 149.04
Current ratio from 47.90 to 149.04; short-term debt falls from €22k to €7k.
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 140 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 57.74
Current ratio from 26.11 to 57.74; short-term debt falls from €41k to €18k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 36 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Godefriduskaai 122000 AntwerpenGround area
457 m²
Building footprint
460 m²
Volume, LiDAR
10,283 m³
Parcel 11802B0062/00C002, Flanders · tallest building 26.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Paparoti Holding
since 20162.261.571.925
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B0062/00C002 | Flanders | 457 m² | 1 · 460 m² | 26.9 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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APPTILL
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 7,434 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2016
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.