Checked.be · Company dossierhttps://checked.be/en/c/papier-co-0477776765 · as of 07-10-2026
PAPIER & CO
Active
Private limited company · founded 2002 · 24 years activeJozef Plateaustraat 1, 9000 Gent, BelgiumKBO/BCE: BE 0477.776.765
Summary
The computed 12-month bankruptcy probability of PAPIER & CO is 4.6% (elevated). For PAPIER & CO, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €72,994 and a net result of €235. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 68% of 26,062 sector peers (NACE 47, fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Signals- Figures for FY 2024 (filed 03-06-2025)- 1 financial year not filed after the legal deadline; latest accounts 34 days late; 1 of the last 3 late- Size: total assets €137,048- Annual accounts not filed+ Founded in 2002Filed after the deadlineShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency78+7
equity 53.3% of total assets
Liquidity32+6
short-term debt 46.7% · cash 4.0%
Profitability69=
return on assets 0.2%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
4.6%Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.6% (40,155 companies)
Last 24 months11-2024: 0.4%lowest value12-2024: 0.4%● unchanged vs 11-2024lowest value01-2025: 0.4%● unchanged vs 12-202402-2025: 0.4%● unchanged vs 01-202503-2025: 0.4%● unchanged vs 02-202504-2025: 0.6%▲ +0.2 percentage points vs 03-202505-2025: 0.9%▲ +0.3 percentage points vs 04-202506-2025: 1.1%▲ +0.2 percentage points vs 05-202507-2025: 0.6%▼ -0.5 percentage points vs 06-202508-2025: 0.6%● unchanged vs 07-202509-2025: 0.6%● unchanged vs 08-202510-2025: 0.6%● unchanged vs 09-202511-2025: 0.6%● unchanged vs 10-202512-2025: 0.6%● unchanged vs 11-202501-2026: 0.6%● unchanged vs 12-202502-2026: 0.6%● unchanged vs 01-202603-2026: 0.5%▼ -0.1 percentage points vs 02-202604-2026: 0.8%▲ +0.3 percentage points vs 03-202605-2026: 1.1%▲ +0.3 percentage points vs 04-202606-2026: 1.2%▲ +0.1 percentage points vs 05-202607-2026: 1.7%▲ +0.5 percentage points vs 06-202608-2026: 1.8%▲ +0.1 percentage points vs 07-202609-2026: 2.4%▲ +0.6 percentage points vs 08-202610-2026: 4.6%▲ +2.2 percentage points vs 09-2026highest value
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 03-06-2025, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 34 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
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neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
Annual accounts filedfiscal year 2024 · micro…
Weakest financial yearnet €235 ▼45.4%
Annual accounts filedfiscal year 2023 · micro…
Key points
Risk: Accounts not fileddeadline was 30-04-2026160 days lateView
Positive: 6 profitable years in a rowprofit 2024: €2356 yearsView