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PAPPAERT

Active Private limited companyfounded 2021active for 5 yearsProcessieweg 3, 9450 HaaltertKBO/BCE: BE 0773.573.911

Lifetime

5 annual accounts with figures on one time axis
peak €46,553 (2023)
€34,391▼ 9.4%
peak €23,774 (2023)
€11,843▼ 45.1%
peak €88,188 (2025)
€88,188▲ 15.5%
€47,785▲ 967%
Board1 name since 2021
1 director
Documentsfilings and deeds
05-06-202656 days before the deadline
2025micro format
Result from €21,564 to €11,843Equity from €76,345 to €88,188Debts from €4,477 to €47,785Investments €35,217

Key points

from the 2025 annual accounts

Equity

€88,188 ▲ 15.5%

PAPPAERT has made a profit in every financial year since 2021.

Turnover

≈ €140,000 estimated

The micro format states no turnover.

Investments

€48,550 4.3 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Liquidity

6.03 was 13.45 in 2024

Short-term debts rose from €4,477 to €15,150.

Filings

5 annual accounts 1 late
AprilJune31 JulyOctober20222024

The 2024 accounts came 13 days late. The other four were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as PAPPAERT has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 26,972 companies, not a prediction for PAPPAERT. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 08-09-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0773573911
Incorporation Founding capital of €2,000, 100 shares · Founder: · Appointment: (director) · published on 08-09-2021 · Gazette deed
First establishment Processieweg 3, Haaltert
All 11 events

Official details

Source: KBO
Status
Active since 06-09-2021Normal situation
Activity
“Activiteiten van verpleegkundigen” (deed in Dutch)From the articles, 2 activitiesNo NACE code in the KBO yet
Establishment unit
2.321.113.2959450 Haaltert, since 06-09-2021
Financial year end
31 December
Peppol
Reachable since 18-02-2025
Company details

Annual accounts 2025

€135,973▲ 68.2%
Filing
Filed on 05-06-2026, 56 days before the end of the filing period
Financials

Insights on PAPPAERT

PAPPAERT files the micro format. That format states no turnover. The gross margin rose from €14,069 in 2021 to €34,391 in 2025.

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 PAPPAERT

What is the company number of PAPPAERT?
The company number of PAPPAERT is 0773.573.911. The VAT number is the same number with BE in front: BE 0773.573.911.
Where is PAPPAERT based?
The registered office is at Processieweg 3, 9450 Haaltert.Company details
What is the legal form of PAPPAERT?
PAPPAERT is a private limited company (BV).
When was PAPPAERT founded?
PAPPAERT was founded on 06-09-2021.
Is PAPPAERT still active?
Yes, PAPPAERT is an active enterprise in the KBO register.
What is the turnover of PAPPAERT?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €34,391 and 2,936 comparable companies of the same size. It probably lies between €83,000 and €250,000. It is a rough estimate.Financials
Is PAPPAERT profitable?
In financial year 2025, PAPPAERT made a profit of €11,843.
Where can I find the annual accounts of PAPPAERT?
PAPPAERT filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PAPPAERT due?
PAPPAERT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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