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PAPER AND BOARDS

Active
Private limited companyfounded 2004active for 22 yearsAmbachtsstraat 1, 2390 Malle, BelgiumKBO/BCE: BE 0863.769.954
Summary

PAPER AND BOARDS has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €712,420 and a net result of €19,004. Equity has been growing by about 18% per year since 2019. Its solvency ranks better than 28% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 10-02-2004 Normal situation
Activity
Wholesale trade NACE 46493and 3 others
Establishment unit
2.135.874.474 2390 Malle, since 10-02-2004
Financial year end
30 June
Peppol
Reachable since 20-10-2025

Board and ownership

Board
  • Van Den Langenbergh WillyDirector

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts to 30-06-2025
Gross margin
€1.4m
▲ 5.0%
Turnover
≈ €5.9m
estimated
Profit
€19,004
▼ 72.9%
Equity
€712,420
▲ 2.6%
Total assets
€3.4m
▲ 4.1%
Employees on 30-06-2025
20
=
Score breakdownraises riskSize: 18.6 FTE, total assets €3.4mLiquidity: current ratio 1.12, cash €123,340Equity €712,420 (21.1% of total assets)lowers riskFounded in 2004Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 35% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 46=
equity 21.1% of total assets
Liquidity 31-2
short-term debt 47.6% · cash 3.6%
Profitability 57-4
return on assets 0.6%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: 0.4%lowest value 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.4%● unchanged vs 02-2025lowest value 04-2025: 0.4%● unchanged vs 03-2025lowest value 05-2025: 0.4%● unchanged vs 04-2025lowest value 06-2025: 0.4%● unchanged vs 05-2025lowest value 07-2025: 0.4%● unchanged vs 06-2025lowest value 08-2025: 0.4%● unchanged vs 07-2025lowest value 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.6%▲ +0.1 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.5%▼ -0.1 percentage points vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.7%● unchanged vs 10-2026highest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.12 (1.18 in 2024), below the usual 1.5. Short-term debt is 47.6% and cash 3.6% of total assets. 78.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 24% of them on solvency, 31% on liquidity, 39% on profitability and 46% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: 18.6 FTE, total assets €3.4m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.12, cash €123,340
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €712,420 (21.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
63 days early
2023
65 days early
2022
96 days early
2021
42 days early
2020
41 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 56 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 November (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €70,059 to €19,004 ▼ 72.9% View
  • Positive: 7th largest employer in Malle, Wholesale and retail trade sectorin the Checked rankings No. 7 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €19,004 7 years View

Recent changes

  1. · Gazette deed Capital & shares · Amendment of the articles · Legal-form change
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as PAPER AND BOARDS: wholesale trade (NACE 46493). They are comparable in size and age: total assets between €1.6m and €8.8m, founded between 1984 and 2004.

CompanyTotal assetsGross margin
PAPER AND BOARDS Malle€3.4m€1.4m
Biopack Nieuwpoort€3.3m€1.6m
KEROMA - TECHNIEK Genk€3.8m€0.8m
ARTPACK Wommelgem€4.4m€1.2m
SK packaging Merelbeke-Melle€8.8m€2.4m
GRAMMET Haacht€8.5m€2.4m
DEWAELE HENRI De Haan€1.6m€0.8m
Full comparison

Key facts about PAPER AND BOARDS

What is the company number of PAPER AND BOARDS?
The company number of PAPER AND BOARDS is 0863.769.954. The VAT number is the same number with BE in front: BE 0863.769.954.
Where is PAPER AND BOARDS based?
The registered office is at Ambachtsstraat 1, 2390 Malle.Company details
What does PAPER AND BOARDS do?
According to the KBO register, the main activity is wholesale trade (NACE 46493).
What is the legal form of PAPER AND BOARDS?
The legal form of PAPER AND BOARDS is Private limited company (BV).
When was PAPER AND BOARDS founded?
PAPER AND BOARDS was founded on 10-02-2004.
Is PAPER AND BOARDS still active?
Yes, PAPER AND BOARDS is an active enterprise in the KBO register.
How many employees does PAPER AND BOARDS have?
PAPER AND BOARDS had an average of 18.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PAPER AND BOARDS?
The turnover in financial year 2025 is ≈ €5.9m. This figure is estimated from the gross margin of €1.4m and 98 comparable companies (NACE 46). It probably lies between €3.6m and €10.0m.
Is PAPER AND BOARDS profitable?
In financial year 2025, PAPER AND BOARDS made a profit of €19,004.
Where can I find the annual accounts of PAPER AND BOARDS?
PAPER AND BOARDS filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PAPER AND BOARDS due?
PAPER AND BOARDS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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