Equity
€171,176 ▼ 9.8%
PAPETERIE.be paid out €40,000 in dividends. That is 186% of the 2026 profit.
PAPETERIE.be
Lifetime
14 annual accounts with figures on one time axispeak €347,773 (2013)
€221,976▼ 5.4%
lowest -€99,148 (2015)
€21,463▲ 25.3%
peak €288,117 (2023)
€171,176▼ 9.8%
€339,348▲ 13.5%
peak 11.4 FTE (2013)
5 FTE▲ 4.2%
Board4 names since 2012
1 directorLVM8
Owners2 names in the annual accounts
Documentsfilings and deeds
05-10-202626 days before the deadline
2026abbreviated format
Result from €17,126 to €21,463Dividend €40,000Investments €4,627Cash from €7,618 to €11,795
Key points
from the 2026 annual accountsInvestments
€4,627 2.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 92.4% higher than in 2025.
Staff
5 FTE from 11.4 in 2013
Between 2013 and 2026, 56% of the full-time equivalents disappeared.
Checked score
69
Healthy
Financially stronger than 36% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.2 percentage points vs 06-2025
08-2025: 1.2%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.5%▼ -0.7 percentage points vs 08-2025lowest value
10-2025: 0.7%▲ +0.2 percentage points vs 09-2025
11-2025: 0.6%▼ -0.1 percentage points vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.7%▲ +0.1 percentage points vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Size: 5 FTE, total assets €510,524
Liquidity: current ratio 1.54, cash €11,795
Sector: Retail trade (NACE 47)
lowers risk
Founded in 2012
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 47, micro). It does better than 49% of them on solvency, 18% on liquidity, 51% on profitability and 26% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as PAPETERIE.be has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of PAPETERIE.be itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for PAPETERIE.be. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.54 (1.71 in 2025), above the usual 1.5. Short-term debt is 63.8% and cash 2.3% of total assets. However, 66.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 05-10-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
26 days early
2025
3 days early
2024
17 days early
2023
on the day
2022
12 days early
2021
2 days late
2020
30 days late
← 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 4 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 19 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0844607407
Change of role: LVM8, from manager to director
Permanent representative: LELOUP Nathalie · General meeting of 05-12-2023 · Gazette deed
Registered office moved from Jalhay to Verviers
New registered office: rue de la Station 8/20 à 4800 VERVIERS · Previous registered office: Bois de Mariomont 7 4845 JALHAY · Resignation: Lenxard (director) · General meeting of 23-05-2023 · Gazette deed
First establishment
PAGE 111, Rue de la Station 8, Verviers
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PAPETERIE.be Verviers | €510,524 | €221,976 | 33.5% | 5 |
| NEW INK FACTORY Liège | €480,902 | €233,102 | 38.3% | 5.3 |
| PDL Namur | €446,753 | €284,853 | 22.3% | 4.6 |
| Librairie Flagey Ixelles | €445,074 | €336,681 | 15.4% | 5.1 |
| MOBITAL Bree | €705,821 | €207,024 | 67.5% | 4 |
| BD Liège Liège | €454,716 | €143,402 | 24.4% | 4 |
| FLOEBO Manhay | €657,204 | €137,408 | 15.7% | 3.9 |
These companies have the same main activity as PAPETERIE.be: retail sale of newspapers and periodicals (NACE 47621). They are comparable in size and age: total assets between €445,000 and €706,000, founded between 2006 and 2016.
Official details
Source: KBO- Status
- Active since 22-03-2012Normal situation
- Registered office
- 29 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Retail sale of newspapers and periodicalsNACE 47621and 2 others
- Joint committee
- 201Independent retail · annual accounts 31-03-2026
- Establishment unit
- 2.211.466.9704800 Verviers, since 01-04-2012
- Financial year end
- 31 March
- Peppol
- Reachable since 03-07-2025
Annual accounts to 31-03-2026
- ≈ €1.3mestimated
- €510,524▲ 4.5%
- Employeeson 31-03-2026
- 6=
- Filing
- Filed on 05-10-2026, 26 days before the end of the filing period
Insights on PAPETERIE.be
PAPETERIE.be files the abbreviated format. That format states no turnover. The gross margin fell from €347,773 in 2013 to €221,976 in 2026.
The balance sheet grew most in 2014 through fixed assets, financed with long-term debt.
LVM8 holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PAPETERIE.be
- What is the company number of PAPETERIE.be?
- The company number of PAPETERIE.be is 0844.607.407. The VAT number is the same number with BE in front: BE 0844.607.407.
- Where is PAPETERIE.be based?
- The registered office is at Rue de la Station 8, 4800 Verviers.Company details
- What does PAPETERIE.be do?
- According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
- What is the legal form of PAPETERIE.be?
- PAPETERIE.be is a private limited company (BV).
- When was PAPETERIE.be founded?
- PAPETERIE.be was founded on 22-03-2012.
- Is PAPETERIE.be still active?
- Yes, PAPETERIE.be is an active enterprise in the KBO register.
- How many employees does PAPETERIE.be have?
- PAPETERIE.be had an average of 5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does PAPETERIE.be fall under?
- In its 31-03-2026 annual accounts, PAPETERIE.be states joint committee 201 (Independent retail).
- What is the turnover of PAPETERIE.be?
- The turnover in financial year 2026 is ≈ €1.3m. This figure is estimated from the gross margin of €221,976 and 160 comparable companies (NACE 47). It probably lies between €800,000 and €2.3m.
- Is PAPETERIE.be profitable?
- In financial year 2026, PAPETERIE.be made a profit of €21,463.
- Where can I find the annual accounts of PAPETERIE.be?
- PAPETERIE.be filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of PAPETERIE.be due?
- PAPETERIE.be must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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