PAPER & BEANS
ActiveSummary
The computed 12-month bankruptcy probability of PAPER & BEANS is 2.2% (moderate). The annual accounts of PAPER & BEANS for financial year 2025 show a net loss of 186% of total assets and of 78% of the equity at the start of that year. The 2025 annual accounts show equity of €29,402 and a net result of -€106,201. Equity has been growing by about 28% per year since 2019. Its solvency ranks better than 69% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 05-01-2017 Normal situation
- Activity
- Full-service restaurants NACE 56111and 6 others
- Establishment unit
- 2.262.116.511 8000 Brugge, since 05-01-2017
- Financial year end
- 30 June
- Peppol
- Reachable since 24-11-2023
Board and ownership
- Peter De BuckDirector · since 23-10-2025
- HOLVOET MaïtéDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.2%
- Gross margin
- €12,266
- ▼ 72.0%
- Turnover
- ≈ €130,000
- estimated
- Loss
- €106,201
- Equity
- €29,402
- ▼ 78.3%
- Total assets
- €56,995
- ▼ 76.4%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Loss of €106,201 (financial year 2025)Size: total assets €56,995lowers riskEquity €29,402 (51.6% of total assets)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 69% of them on solvency, 37% on liquidity, 17% on profitability and 10% 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
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2025after a profit of €30,564 in 2024 -€106,201 View
- Caution: Lower net result than 95% of companies in food and beverage servicesector median €4,876 · 16,939 companies -€106,201 View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed Company renamed from M.J. MEDIA to PAPER & BEANSAppointment: Peter De Buck (tweede niet statutaire bestuurder)
- · Gazette deed Resignation: Maïté Holvoet (manager)Reappointment: Maïté Holvoet (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as PAPER & BEANS: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €49,400 and €64,500, founded between 2015 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| PAPER & BEANS Wingene | €56,995 | €12,266 |
| FLESHWOUND De Haan | €51,122 | €11,190 |
| ANMA Lommel | €56,405 | €11,069 |
| De Blauwe Maan Gent | €56,657 | €14,506 |
| Bazelique Beveren-Kruibeke-Zwijndrecht | €49,379 | €13,416 |
| De Kletskop Hechtel-Eksel | €54,431 | €15,134 |
| S.N. Kortrijk | €64,530 | €17,581 |
Key facts about PAPER & BEANS
- What is the company number of PAPER & BEANS?
- The company number of PAPER & BEANS is 0668.798.172. The VAT number is the same number with BE in front: BE 0668.798.172.
- Where is PAPER & BEANS based?
- The registered office is at Varendreef 115, 8750 Wingene.Company details
- What does PAPER & BEANS do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of PAPER & BEANS?
- The legal form of PAPER & BEANS is Private limited company (BV).
- When was PAPER & BEANS founded?
- PAPER & BEANS was founded on 05-01-2017.
- Is PAPER & BEANS still active?
- Yes, PAPER & BEANS is an active enterprise in the KBO register.
- What is the turnover of PAPER & BEANS?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €12,266 and 93 comparable companies (NACE 56111). It probably lies between €64,000 and €270,000. It is a rough estimate.Financials
- Is PAPER & BEANS profitable?
- In financial year 2025, PAPER & BEANS made a loss of €106,201.
- Where can I find the annual accounts of PAPER & BEANS?
- PAPER & BEANS filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PAPER & BEANS due?
- PAPER & BEANS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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