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PAPERPLANE PRODUCTIONS

Active
Private limited companyfounded 2009active for 17 yearsHütte 60, 4700 Eupen, Belgium11 active companies are registered at this addressKBO/BCE: BE 0820.223.783

From the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

PAPERPLANE PRODUCTIONS has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €206,173 and a net result of -€24,156. Equity has been growing by about 22% per year since 2018. Its solvency ranks better than 35% of 193 sector peers (NACE 60, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 16-10-2009 Normal situation
Legal form
Private limited company
Registered office
Hütte 60, 4700 Eupen
Activity
Programming, broadcasting, news agency and other content distribution activities NACE 60200and 5 others
Establishment unit
2.182.547.906 4700 Eupen, since 16-10-2009
Financial year end
31 December
Peppol
Reachable since 20-02-2026

Board and ownership

Board
  • KÜCHENBERG AdrianDirector
  • MOLLERS DavidDirector
Holdings
Shares in 1 company SHIFT DIGITAL

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€187,146
▲ 2.7%
Turnover
≈ €470,000
estimated
Loss
€24,156
▼ 10.5%
Equity
€206,173
▼ 12.8%
Total assets
€673,840
▼ 3.2%
Staff
5.1 FTE
▲ 6.3%
2025 accounts filed 21 days before the deadline
Filed on 10-07-2026at the National Bank
Score breakdownraises riskLoss of €24,156, the second in a row (financial year 2025)lowers riskSize: total assets €673,840Sector: Programming, broadcasting, news agency and other content distribution activities (NACE 60)Figures for financial year 2025 (filed on 10-07-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of micro companies in programming and broadcasting (NACE 60)
Financial strength · tick: 2024
Weak
Solvency 56-3
equity 30.6% of total assets
Liquidity 45-23
short-term debt 35.2% · cash 8.5%
Profitability 34-13
return on assets -3.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (262 companies, NACE 60, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: 0.1%▲ +0.1 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.09 (1.76 in 2024), below the usual 1.5. Short-term debt is 35.2% and cash 8.5% of total assets. 69.4% 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 60, micro). It does better than 37% of them on solvency, 28% on liquidity, 33% on profitability and 32% on growth.

The bankruptcy probability was computed on 31-10-2026 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
lowers risk · Size: total assets €673,840
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Programming, broadcasting, news agency and other content distribution activities (NACE 60)
KBO
raises risk · Loss of €24,156, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 10-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 days early
2024
21 days late
2023
20 days late
2022
35 days early
2021
24 days late
2020
31 days late
2019
31 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 1 day after the deadline. In the sector (NACE 60), the median for financial year 2024 was 1 day before the deadline, and 44% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 91% of companies in programming and broadcastingsector median €4,822 · 192 companies -€24,156 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€24,156 View

Documents

Annual accounts at the NBB

All 14 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about PAPERPLANE PRODUCTIONS

What is the company number of PAPERPLANE PRODUCTIONS?
The company number of PAPERPLANE PRODUCTIONS is 0820.223.783. The VAT number is the same number with BE in front: BE 0820.223.783.
Where is PAPERPLANE PRODUCTIONS based?
The registered office is at Hütte 60, 4700 Eupen.Company details
What does PAPERPLANE PRODUCTIONS do?
According to the KBO register, the main activity is programming, broadcasting, news agency and other content distribution activities (NACE 60200).
What is the legal form of PAPERPLANE PRODUCTIONS?
The legal form of PAPERPLANE PRODUCTIONS is Private limited company (BV).
When was PAPERPLANE PRODUCTIONS founded?
PAPERPLANE PRODUCTIONS was founded on 16-10-2009.
Is PAPERPLANE PRODUCTIONS still active?
Yes, PAPERPLANE PRODUCTIONS is an active enterprise in the KBO register.
How many employees does PAPERPLANE PRODUCTIONS have?
PAPERPLANE PRODUCTIONS had an average of 5.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PAPERPLANE PRODUCTIONS?
The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €187,146 and 2,213 comparable companies of the same size. It probably lies between €310,000 and €720,000. It is a rough estimate.
Is PAPERPLANE PRODUCTIONS profitable?
In financial year 2025, PAPERPLANE PRODUCTIONS made a loss of €24,156.
Where can I find the annual accounts of PAPERPLANE PRODUCTIONS?
PAPERPLANE PRODUCTIONS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of PAPERPLANE PRODUCTIONS due?
PAPERPLANE PRODUCTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as PAPERPLANE PRODUCTIONS: programming, broadcasting, news agency and other content distribution activities (NACE 60200). They are comparable in size and age: total assets between €287,000 and €670,000, founded between 1992 and 2017.

CompanyTotal assetsGross margin
PAPERPLANE PRODUCTIONS Eupen€0.7m€0.2m
WEERWERK Mechelen€0.3m€0.06m
BUTTERFISH GROUP Waterloo€0.7m€0.02m
VIPS-TODAY Floreffe€0.3m€0.06m
TELE-VISIE-LIMBURG Hasselt€0.4m€0.8m
Regionale Televisie Aalst - Dendermonde - Sint-Niklaas, Dagelijkse Regionale Informatie en Educatie Sint-Niklaas€0.4m€0.7m
BELGIAN BUSINESS TELEVISION Brussel€0.5m€1.6m
Full comparison

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