Active BE 0765.153.420Private limited company

PAPILIO

Lokerenbaan 70 ·9240 Zele, Belgium· 5 yrs active

Sector: Financial services (64210)

Conclusion Checked

The computed 12-month bankruptcy probability of PAPILIO is 0.6% (low). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.

Key figures

Active	5 yrs
Board	2
Locations	1
Publications	5

Bankruptcy probability (12 mo) Checked model v1 · free

0.6% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

More than 3 years active

Founded in 2021 — past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Financial overview4 NBB filings

Financials being processed

NBB has 4 filing(s) on record for this company — latest fiscal year 2024 (verkort). The annual accounts are being processed.

Filings on record

Fiscal year	Type	Filed	Reference
31-12-2024	verkort	22-07-2025	2025-00296185
31-12-2023	verkort	10-07-2024	2024-00228349
31-12-2022	verkort	30-06-2023	2023-00180638
31-12-2021	verkort	07-07-2022	2022-20154750

Directors & mandates 6 directors

Current directors & mandates

FEYNMANLegal entity
Director· perm. rep.: Michael De Decker
State Gazette act 25025251 (24-02-2025)

Current
12-02-2025 → present
2 events
- 12-02-2025 Appointed· Director
- 28-06-2023 Resigned· Director
Christine Vastenavondt
Director
State Gazette act 23101668 (07-08-2023)

Current
28-06-2023 → present

Former directors (4)

BNP Paribas Fortis Private Equity Management NVLegal entity
Director· perm. rep.: Sofie VERMEULEN
State Gazette act 25025251 (24-02-2025)

Former
— → 12-02-2025
LOEMLegal entity
Director· perm. rep.: Ruth De Decker
State Gazette act 25025251 (24-02-2025)

Former
01-04-2021 → 12-02-2025
3 events
- 12-02-2025 Resigned· Director
- 02-12-2024 Appointed· Director
- 01-04-2021 Appointed· Director
Lambrecht JFFLegal entity
Director· perm. rep.: Johan LAMBRECHT
State Gazette act 23101668 (07-08-2023)

Former
28-06-2023 → 01-01-2025
2 events
- 01-01-2025 Resigned· Director
- 28-06-2023 Appointed· Director
SDM-CONSULTLegal entity
Director· perm. rep.: Sophie De Maesschalck
State Gazette act 23101668 (07-08-2023)

Former
28-06-2023 → 01-01-2025
2 events
- 01-01-2025 Resigned· Director
- 28-06-2023 Appointed· Director

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Legal Structure

NACE primary	Financial services(64210)
Legal form	Private limited company(610)
Incorporation	15-03-2021
Status	Active
Postal code	9240

Connections & network 13 connected companies

Group structure

FEYNMAN

Parent · 5 subsidiaries · 1 location

Control→

Lambrecht JFF

Parent · 4 subsidiaries · 1 location

Control→

LOEM

Parent · 3 subsidiaries · 1 location

Control→

SDM-CONSULT

Parent · 1 subsidiary · 1 location

Control→

HOLDING MEMO

Subsidiary · 1 subsidiary · 1 location

→

MEMO

Subsidiary · 3 locations

→

Network connections

LEEDEC

Shared director

→

BEAULIEU INTERNATIONAL GROUP

Shared corporate director

→

EUROPLAY

Shared corporate director

→

HUBISCO

Shared corporate director

→

MEMO MEDICAL

Shared corporate director

→

OFFITEL

Shared corporate director

→

OFFITEL MEDICAL

Shared corporate director

→

Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Establishment units 1 location

PAPILIO

Lokerenbaan 70, 9240 ZeleHoldings

since 20212.314.486.811

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
42028A1279/00E002	Flanders	401 m²	1 · 401 m²	16.6 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 9 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

24-03-2026

State Gazette act Director changes

2025

22-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

24-02-2025

State Gazette act Director changes

v3.2

2024

10-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

2023

07-08-2023

State Gazette act Director changes

v3.2

30-06-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

2022

07-07-2022

NBB filing Annual accounts filed

fiscal year 2021 · verkort

2021

05-07-2021

State Gazette act Director changes

v3.2

17-03-2021

State Gazette act Incorporation

oprichting

Belgisch Staatsblad — acts 5 acts

All acts · 5 updated 3 months ago

2026

24-03-2026 1 director appointed, 2 resigning Director changes

Vincent DE DECKER — Bestuurder
LOEM — Bestuurder
Christine VASTENAVONDT — Bestuurder

Original publication ↗

Technical details

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      "subkind": null,
      "via_org": {
        "kbo": "0768.776.765",
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        "country": "BE",
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      "effective_date": "2026-01-01",
      "evidence_quote": "De aandeelhouders beslissen met ingang van 1 januari 2026 tot het ontslag als B-bestuurder van de vennootschap van de besloten vennootschap \u0022LOEM\u0022",
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      "kind": "director_out",
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      },
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      "effective_date": "2026-01-01",
      "evidence_quote": "De aandeelhouders beslissen om met ingang van 1 januari 2026 het mandaat als onafhankelijk bestuurder van de vennootschap van mevrouw Christine VASTENAVONDT, wonende te 9200 Dendermonde, Emanuel Hielstraat 35, te wijzigen.",
      "decharge_status": null,
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      "evidence_quote": "De aandeelhouders beslissen om met ingang van 1 januari 2026 tot onafhankelijk bestuurder van de vennootschap te benoemen, voor onbepaalde duur, de heer Vincent DE DECKER",
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      "effective_date_qualifier": "immediate"
    },
    {
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      "person": {
        "rrn": null,
        "name": "Michael DE DECKER",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "FEYNMAN",
        "address": null,
        "country": null,
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": "2026-01-01",
      "evidence_quote": "Derhalve is het bestuursorgaan met ingang van 1 januari 2026 als volgt samengesteld: -De besloten vennootschap \u0022FEYNMAN\u0022, A-bestuurder, vast vertegenwoordigd door de heer Michael DE DECKER",
      "decharge_status": null,
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    },
    {
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      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2026-01-01",
      "evidence_quote": "-Mevrouw Christine VASTENAVONDT, B-bestuurder",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "board_snapshot",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Vincent DE DECKER",
        "address": null,
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        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2026-01-01",
      "evidence_quote": "-De heer Vincent DE DECKER, onafhankelijk bestuurder.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2026-03-24",
    "filing_date": "2026-03-16",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2025-12-31",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0765.153.420",
    "name_full": "PAPILIO",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": "0875.430.542",
    "org_name": "VGD Accountants en Belastingconsulenten",
    "person_name": null,
    "org_rep_person_name": "Neelke DE VRIENDT",
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}

2025

24-02-2025 2 directors appointed, 4 resigning Director changes

Michael De Decker — Bestuurder
Ruth DE DECKER — Bestuurder
Ruth De Decker — Bestuurder
Sofie VERMEULEN — Bestuurder
Sophie DE MAESSCHALCK — Bestuurder
Johan LAMBRECHT — Bestuurder

Summary: v3.2

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Ruth De Decker",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "0768776765",
        "name": "LOEM BV",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "effective_date": "2025-02-12",
      "evidence_quote": "De aandeelhouders nemen kennis van het ontslag van LOEM BV, met zetel te Lokerenbaan 70, 9240 Zele, Belgi\u00EB, ingeschreven in de Kruispuntbank van Ondernemingen onder ondernemingsnummer 0768.776.765, als A-bestuurder van de Vennootschap, vast vertegenwoordigd door mevrouw Ruth De Decker (zoals aangeko"
    },
    {
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      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Michael De Decker",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "0869551946",
        "name": "FEYNMAN BV",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "effective_date": "2025-02-12",
      "evidence_quote": "De aandeelhouders beslissen om - ter vervanging van LOEM BV en dit op voordracht van de A-aandeelhouders - FEYNMAN BV, met zetel te Lokerenbaan 70, 9240 Zele, Belgi\u00EB, ingeschreven in de Kruispuntbank van Ondernemingen onder ondernemingsnummer 0869.551.946, met de heer Michael De Decker als vaste ver"
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Sofie VERMEULEN",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": null,
        "name": "BNP Paribas Fortis Private Equity Management NV",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "effective_date": "2025-02-12",
      "evidence_quote": "De aandeelhouders nemen kennis van en, voor zover als nodig, aanvaarden het ontslag van BNP Paribas Fortis Private Equity Management NV, vast vertegenwoordigd door Sofie VERMEULEN, als B-Bestuurder van de Vennootschap en dit met onmiddellijke ingang. De aandeelhouders besluiten om BNP Paribas Fortis",
      "discharge_granted": true
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Sophie DE MAESSCHALCK",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "0809256053",
        "name": "SDM-CONSULT",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "effective_date": "2025-01-01",
      "evidence_quote": "De aandeelhouders bevestigen met ingang van 01/01/2025 het ontslag als bestuurders van de vennootschap van: -de besloten vennootschap \u0022SDM-CONSULT\u0022, met zetel te 9000 Gent, Bisdomkaai 11, ingeschreven in het rechtspersonenregister te Gent, afdeling Gent, onder het nummer 0809.256.053 en met btw-numm",
      "discharge_granted": true
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Johan LAMBRECHT",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "0821948997",
        "name": "LAMBRECHT JFF",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "effective_date": "2025-01-01",
      "evidence_quote": "De aandeelhouders bevestigen met ingang van 01/01/2025 het ontslag als bestuurders van de vennootschap van: ... -de commanditaire vennootschap \u0022LAMBRECHT JFF\u0022, met zetel te 9070 Destelbergen, Loveldakker 20. ingeschreven in het rechtspersonenregister te Gent, afdeling Gent, onder het nummer 0821.948",
      "discharge_granted": true
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Ruth DE DECKER",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "0768776765",
        "name": "LOEM",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "effective_date": "2024-12-02",
      "evidence_quote": "De aandeelhouders bevestigen dat met ingang van 02/12/2024 tot bestuurder B van de vennootschap benoemd werd voor onbepaalde duur de besloten vennootschap \u0022LOEM\u0022, met zetel te 9240 Zele, Lokerenbaan 70, ingeschreven in het rechtspersonenregister te Gent, afdeling Dendermonde, onder het nummer 0768.7"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0765.153.420",
    "name_full": "PAPILIO",
    "legal_form": "BV"
  }
}

2023

07-08-2023 3 directors appointed, 1 resigning Director changes

Sophie De Maesschalck — Bestuurder
Johan Lambrecht — Bestuurder
Christine Vastenavondt — Bestuurder
Michael De Decker — Bestuurder

Summary: v3.2

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Michael De Decker",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "0869551946",
        "name": "FEYNMAN BV",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "effective_date": "2023-06-28",
      "evidence_quote": "De aandeelhouders nemen hierbij akte van het ontslag van FEYNMAN BV, met zetel te Lokerenbaan 70, 9240 Zele, en met ondernemingsnummer 0869.551.946, vast vertegenwoordigd door Michael De Decker, als bestuurder van de Vennootschap, met ingang van 28 juni 2023."
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Sophie De Maesschalck",
        "address": null,
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      },
      "via_org": {
        "kbo": "0809256053",
        "name": "SDM-CONSULT BV",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "effective_date": "2023-06-28",
      "evidence_quote": "De A-aandeelhouders beslissen in toepassing van artikel 10 (b) van de statuten van de Vennootschap en in toepassing van artikel 4.1 (c) van de aandeelhoudersovereenkomst van 12 maart 2021 om SDM-CONSULT BV, met zetel te Bisdomkaai 11, 9000 Gent, en met ondernemingsnummer 0809.256.053, vast vertegenw"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Johan Lambrecht",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "0821948997",
        "name": "Lambrecht JFF Comm.V",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "effective_date": "2023-06-28",
      "evidence_quote": "De aandeelhouders beslissen om Lambrecht JFF Comm.V, met zetel te Loveldakker 20,9070 Destelbergen, en met ondernemingsnummer 0821.948.997, vast vertegenwoordigd door Johan Lambrecht, te benoemen als onafhankelijke bestuurder van de Vennootschap met ingang van 28 juni 2023 en voor een duur van \u00E9\u00E9n j"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Christine Vastenavondt",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2023-06-28",
      "evidence_quote": "De aandeelhouders beslissen om mevrouw Christine Vastenavondt te benoemen als onafhankelijke bestuurder van de Vennootschap met ingang van 28 juni 2023 en voor een duur van \u00E9\u00E9n jaar."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0765.153.420",
    "name_full": "PAPILIO",
    "legal_form": "BV"
  }
}

2021

05-07-2021 Ruth DE DECKER appointed as director Director changes

Ruth DE DECKER — Bestuurder

Summary: v3.2

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Ruth DE DECKER",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "0768776765",
        "name": "LOEM",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "effective_date": "2021-04-01",
      "evidence_quote": "De algemene vergadering bevestigt de benoeming als A-Bestuurder van de vennootschap, met ingang vanaf april 2021, voor onbepaalde duur, van de besloten vennootschap \u0022LOEM\u0022, met zetel te 9240 Zele, Lokerenbaan 70, ingeschreven in het rechtspersonenregister te Gent, afdeling Dendermonde onder het numm"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0765.153.420",
    "name_full": "PAPILIO",
    "legal_form": "BV"
  }
}

17-03-2021 Incorporation of a new BV Incorporation

Summary: oprichting

Original publication ↗

Technical details

{
  "kind": "oprichting",
  "seat": "9240 Zele, Lokerenbaan 70",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1980-12-23",
        "name": "DE DECKER Ruth Maria Stefaan",
        "niss": null,
        "address": "1785 Merchtem, Heirbaan 24"
      },
      "share_class": "A",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 10000.0,
      "holder_person_name": "DE DECKER Ruth Maria Stefaan",
      "is_subscriber_only": false,
      "n_shares_subscribed": 275,
      "amount_subscribed_eur": 1801000.0,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1982-09-13",
        "name": "DE DECKER Michael Johanna Maurice",
        "niss": null,
        "address": "9200 Dendermonde, Emanuel Hielstraat 35"
      },
      "share_class": "A",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 10000.0,
      "holder_person_name": "DE DECKER Michael Johanna Maurice",
      "is_subscriber_only": false,
      "n_shares_subscribed": 275,
      "amount_subscribed_eur": 1801000.0,
      "is_anonymous_silent_partner": false
    },
    {
      "org": {
        "kbo": null,
        "name": "BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM"
      },
      "kind": "rechtspersoon",
      "person": null,
      "share_class": "B",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": "BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM",
      "contribution_type": "cash",
      "amount_paid_in_eur": 16000.0,
      "holder_person_name": null,
      "is_subscriber_only": true,
      "n_shares_subscribed": 450,
      "amount_subscribed_eur": 2947000.0,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 6549000.0,
  "subject_company": {
    "kbo": "0765.153.420",
    "name_full": "PAPILIO",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2021-03-12",
  "post_incorporation_mandates": []
}

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Company registry (CBE) Crossroads Bank

Activities

Holdings64200Activiteiten van holdings64210Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990

Primary activity highlighted.

Names & trade names

Legal nameNL

PAPILIO

Registered office

Lokerenbaan 70

9240 Zele, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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