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PAPIER BRUSSELS

Active
Private limited companyfounded 20251 yr activeRidderschaplaan 7, 1040 Etterbeek, BelgiumKBO/BCE: BE 1027.002.940
Summary

PAPIER BRUSSELS has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €7k. Its solvency ranks better than 24% of 2003 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes
Profitability81
Solvency38
Growth-
Track record67
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.1; short-term debt: 67.1% and cash: 47.1% of total assets), and 87.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 2003 sector peers (2025).
NBB · sector comparison
Position among 2003 sector peers
Solvency
better than 24%
← weakest strongest →
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 04-07-2026, 27 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
27 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€9k
Total assets
€73k
Net result
€7k
Working capital
€5k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €73k
Fixed assets €19k
Current assets €54k
Equity and liabilities €73k
Equity €9k
Debt €64k
Debt finances 87.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€12k
Cash flow
€9k
Current ratio
1.10
Quick ratio
0.71
Debt to equity
6.87
ROE
76.6%
ROA
9.7%
Interest coverage
12.72
Debt ≤ 1 year
€49k
Debt > 1 year
€15k
Income taxes
€2k
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€73k
Fixed assets21/28€19k
Tangible fixed assets22/27€19k
Plant, machinery and equipment23€11k
Furniture and vehicles24€8k
Current assets29/58€54k
Stocks and contracts in progress3€19k
Stocks30/36€19k
Amounts receivable within one year40/41€472
Trade receivables40€472
Cash at bank and in hand54/58€34k
Deferred charges and accrued income490/1€86
Equity and liabilities
Total equity and liabilities10/49€73k
Equity10/15€9k
Contributions10/11€3k
Profit (loss) carried forward14€6k
Amounts payable17/49€64k
Amounts payable after more than one year17€15k
Financial debts170/4€15k
Amounts payable within one year42/48€49k
Current portion of amounts payable after more than one year42€11k
Trade debts44€4k
Suppliers440/4€4k
Taxes, remuneration and social security45€10k
Taxes450/3€10k
Other amounts payable47/48€24k
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€400
Gross operating margin9900€13k
Operating profit (loss)9901€10k
Financial charges65/66B€959
Recurring financial charges65€959
Profit (loss) for the period before taxes9903€9k
Income taxes67/77€2k
Profit (loss) for the period9904€7k
Profit (loss) for the period to be appropriated9905€7k
Appropriation of the result
Profit (loss) to be appropriated9906€7k
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€400
Gross operating margin9900€13k
Operating profit (loss)9901€10k
Financial charges65/66B€959
Recurring financial charges65€959
Profit (loss) for the period before taxes9903€9k
Income taxes67/77€2k
Profit (loss) for the period9904€7k
Profit (loss) for the period to be appropriated9905€7k
Line2025
Assets
Total assets20/58€73k
Fixed assets21/28€19k
Tangible fixed assets22/27€19k
Plant, machinery and equipment23€11k
Furniture and vehicles24€8k
Current assets29/58€54k
Stocks and contracts in progress3€19k
Stocks30/36€19k
Amounts receivable within one year40/41€472
Trade receivables40€472
Cash at bank and in hand54/58€34k
Deferred charges and accrued income490/1€86
Equity and liabilities
Total equity and liabilities10/49€73k
Equity10/15€9k
Contributions10/11€3k
Profit (loss) carried forward14€6k
Amounts payable17/49€64k
Amounts payable after more than one year17€15k
Financial debts170/4€15k
Amounts payable within one year42/48€49k
Current portion of amounts payable after more than one year42€11k
Trade debts44€4k
Suppliers440/4€4k
Taxes, remuneration and social security45€10k
Taxes450/3€10k
Other amounts payable47/48€24k
Line2025
Profit (loss) for the period9904€7k
+ Depreciation and write-downs630€2k
Operating cash flow (approximation)€9k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
04-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Etterbeek · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
301 m²
Building footprint
175 m²
Volume, LiDAR
2,699 m³
Parcel 21005A0514/00E004, Brussels · tallest building 22.7 m, ±6 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
PAPIER BRUSSELS
Ridderschaplaan 7, 1040 EtterbeekRetail sale of newspapers and periodicals
since 20252.377.667.958
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21005A0514/00E004 Brussels 301 m² 1 · 175 m² 22.7 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,653 companies in sector 90111 we hold annual accounts for 385. 248 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded29-08-2025
Fiscal year end31-12
Activities, NACEBEL 2025
90111Literary creation
47621Retail sale of newspapers and periodicals
70200Business and other management consultancy
73300Public relations and communication consultancy

Scores and ratios are computed by Checked and are not a credit decision.