Equity
€295,714 ▲ 8.6%
PAPINGLO has made a profit without a break since 2022.
PAPINGLO
Lifetime
19 annual accounts with figures on one time axis, 22 filings since 2004peak €294,522 (2008)
€107,210▲ 17.6%
lowest -€9,831 (2019)
€23,400▲ 112%
peak €344,691 (2015)
€295,714▲ 8.6%
€163,956▼ 34.4%
peak 3.5 FTE (2007)
-not published
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
28-01-20263 days before the deadline
2025micro format
Gross margin from €91,202 to €107,210Result from €11,013 to €23,400Debts from €249,842 to €163,956Cash from €45,399 to €12,935
Key points
from the 2025 annual accountsTurnover
≈ €350,000 estimated
The micro format states no turnover.
Position in the sector
€295,714
More equity than 91% of companies in construction of buildings. Sector median €45,781 · 10,155 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,124 companies had the same profile as PAPINGLO has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 20,124 companies, not a prediction for PAPINGLO. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0478920672
Environmental permit refused
Het reliëf van de bodem aanmerkelijk wijzigen · Maldegem
Amendment of the articles
General meeting of 22-11-2023 · Gazette deed
Reappointments: (managing director) and (director)
General meeting of 06-12-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PAPINGLO Aalter | €459,670 | €107,210 | 64.3% | - |
| ALGEMENE ONDERNEMINGEN LANCKMAN Lede | €394,909 | €109,722 | 70.6% | - |
| DE BLOCK G. Temse | €378,293 | €101,239 | 97.4% | - |
| VEHENT BERNARD Zele | €496,632 | €85,253 | 29.0% | - |
| R.C.B. Oudenaarde | €416,215 | €85,403 | 54.9% | - |
| HUIZEN OM TE AARDEN Ghent | €392,778 | €129,705 | 26.1% | 1.8 |
| BOUWBEDRIJF ALEX DE CRAEMER EN ZONEN Assenede | €484,899 | €136,699 | 51.1% | - |
These companies have the same main activity as PAPINGLO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €378,000 and €497,000, founded between 2000 and 2004.
Official details
Source: KBO- Status
- Active since 03-12-2002Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.114.803.2059880 Aalter, since 24-01-2003
- Financial year end
- 30 June
- Peppol
- Reachable since 24-09-2025
Annual accounts to 30-06-2025
- €459,670▼ 12.0%
- Filing
- Filed on 28-01-2026, 3 days before the end of the filing period
Insights on PAPINGLO
PAPINGLO files the micro format. That format states no turnover. The gross margin fell from €263,726 in 2007 to €107,210 in 2025.
The balance sheet grew most in 2008 through fixed assets, financed with long-term debt.
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 PAPINGLO
- What is the company number of PAPINGLO?
- The company number of PAPINGLO is 0478.920.672. The VAT number is the same number with BE in front: BE 0478.920.672.
- Where is PAPINGLO based?
- The registered office is at Stationsstraat 41, 9880 Aalter.Company details
- What does PAPINGLO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of PAPINGLO?
- PAPINGLO is a public limited company (NV).
- When was PAPINGLO founded?
- PAPINGLO was founded on 03-12-2002.
- Is PAPINGLO still active?
- Yes, PAPINGLO is an active enterprise in the KBO register.
- What is the turnover of PAPINGLO?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €107,210 and 97 comparable companies (NACE 41001). It probably lies between €250,000 and €540,000.Financials
- Is PAPINGLO profitable?
- In financial year 2025, PAPINGLO made a profit of €23,400.
- Where can I find the annual accounts of PAPINGLO?
- PAPINGLO filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PAPINGLO due?
- PAPINGLO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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