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PAPYRO

Active Private limited companyfounded 1994active for 32 yearsBoterstraat 17, 8900 YpresKBO/BCE: BE 0452.961.987
PAPYRO
Financial year 2025
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Annual accounts 2025

micro format, filed on 01-07-2026, 30 days before the deadline
€22,453
▼ 1.9%
€19,712
▼ 3.1%
€10,586
▼ 11.7%
€111,598
▲ 11.2%
69.5%
▲ 0.1 percentage points
3.19
▲ 0.03

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €160,000. Estimated: probably between €85,000 and €370,000.

Balance sheet

balance sheet total €167,341 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

69.5%

Higher than 80% of 22,909 companies in 2025.

3.19

Higher than 78% of 22,039 companies in 2025.

6.3%

Higher than 59% of 22,189 companies in 2025.

PAPYRO Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter

Staff

€6,755

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 2 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 167,341152,274140,683143,257143,018140,428131,620145,171150,936149,154150,467148,447146,406144,076138,815137,742130,732127,286121,800120,333
21/28 4,8205,4826,1459751,9504,1736,5474,3646,6533,56010,77816,06321,46024,9882,4082,9588,5319,42515,98222,592
22/27 4,8205,4826,1459751,9504,1736,3974,2146,5033,41010,62815,91321,31024,8382,2582,8088,3819,27515,83222,442
22 4,8205,4826,145-----------------
23 ---9751,9504,1736,3974,2146,3022,1452,9831,487-9361,8722,8083,744-1,7123,425
24 --------2011,2657,64514,42621,31023,902386-4,6379,27514,12019,017
28 ------150150150150150150150150150150150150150150
29/58 162,521146,791134,539142,282141,069136,255125,073140,807144,283145,594139,690132,384124,946119,088136,407134,784122,201117,861105,81897,741
3 77,92274,83278,33679,57877,06176,88578,34988,86391,98991,55486,42180,79176,78074,08075,92772,27869,54670,64571,39666,234
30/36 77,92274,83278,33679,57877,06176,88578,34988,86391,98991,55486,42180,79176,78074,08075,92772,27869,54670,64571,39666,234
40/41 4,4532,7593,8363,9692,7574,9062,3731,3412,7851,2182,4371,1941,7144,9062,1684,6864,9885,3022,5502,728
40 4,4532,7593,8363,9692,7574,9062,3731,3412,7851,2182,4371,1941,7144,9061,8333,1962,5623,3392,0362,728
41 --------------3351,4902,4261,962514-
50/53 25,36525,36525,36519,512----------------
54/58 53,03942,14825,37736,78658,93353,72443,63549,91248,83852,16750,19049,33045,70738,69657,04756,57047,65540,19830,40427,909
490/1 1,7431,6871,6242,4382,3177407166916706556401,0697451,4051,2661,249131,7171,468870
Balance sheet: equity and liabilities
10/49 167,341152,274140,683143,257143,018140,428131,620145,171150,936149,154150,467148,447146,406144,076138,815137,742130,732127,286121,800120,333
10/15 116,323105,73793,75195,49589,21788,96883,67495,08499,91599,04598,85693,75592,85090,81485,58178,41475,82871,33770,03765,657
10/11 37,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,184
100 ------37,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,184
13 79,13968,55362,73162,73162,73162,73162,73162,73162,73161,86161,67256,57155,66653,63048,39741,22938,64434,15332,85328,473
130/1 ---3,7183,7183,718--------------
130 ------3,7183,7183,7183,7183,7183,7183,7183,7183,7183,7183,7183,7183,7183,718
1311 ---3,7183,7183,718--------------
133 79,13968,55362,73159,01259,01259,01259,01259,01259,01258,14357,95452,85351,94849,91244,67937,51134,92630,43529,13424,755
14 ---6,164-4,420-10,698-10,946-16,241-4,831------------
17/49 51,01846,53746,93347,76253,80251,46047,94750,08751,02150,10851,61154,69153,55553,26253,23459,32854,90455,94851,76354,676
42/48 50,92346,44346,83347,68953,69151,35747,15749,79050,63549,80251,16953,64351,71350,58051,36957,46553,04653,48349,90449,997
44 6,8323,6065,3734,85810,4448,5264,8686,6056,6688,5755,4579,0879,0308,4338,95314,96910,19911,63710,6055,460
440/4 6,8323,6065,3734,85810,4448,5264,8686,6056,6688,5755,4579,0879,0308,4338,95314,96910,19911,63710,6055,460
45 7,9367,1986,2986,5987,1106,6636,0916,9567,7094,9379,3928,2057,8527,1857,4247,4497,7706,7384,1599,343
450/3 7,9367,1986,2986,5987,1106,6636,0916,9567,7094,9379,3928,1257,5187,1857,4247,4497,7706,7384,1598,569
454/9 -----------80334------774
47/48 36,15535,63935,16236,23336,13736,16836,19836,22936,25936,29036,32036,35134,83134,96234,99235,04835,07835,10935,13935,195
492/3 9594100731101037892973863074421,0491,8422,6821,8661,8641,8582,4651,8604,679
Income statement
76A -------2,000------------
9900 22,45322,8919,87317,60114,94917,0222,0327,37515,10418,46124,45020,50921,21824,65320,12717,71920,04818,69222,49627,810
62 6767764345556727147241,0991,0581,2871,1362,6101,0721,3411,1789511,2803,0242,5592,503
630 6626621,4549752,2242,2242,6912,2893,1527,8217,6207,2567,8467,0081,1935,5735,5736,5586,6106,662
640/8 1,4031,1188509051,3701,3531,2301,1361,1241,1521,1171,1541,1371,8391,044775416404386505
66A -------------200------
9901 19,71220,3347,13515,16710,68212,731-2,6132,8519,7708,20114,5779,48911,16314,46616,71210,41912,7798,70712,94118,140
75/76B 1,0018351209406258222323313402488671735842976832735753
75 1,0018351209406258222323313402488671735842976832735753
65/66B 8,4948,8518,8819,02510,2587,2698,6277,7658,7188,1268,1048,9069,2818,9188,9028,4888,8428,2878,4108,140
65 8,4948,8518,8819,02510,2587,2698,6277,7658,7188,1268,1048,9069,2818,9188,9028,4888,8428,2878,4108,140
9903 12,21912,318-1,7446,3514285,462-11,234-4,6561,2743986,7869852,3706,0188,5452,7734,9131,2525,26510,754
67/77 1,633332-731791681761754052081,685803347851,378188422-488862,169
9904 10,58611,986-1,7446,2782495,295-11,410-4,8318691895,1019052,0365,2337,1672,5864,4911,3014,3808,585
9905 10,58611,986-1,7446,2782495,295-11,410-4,8318691895,1019052,0365,2337,1672,5864,4911,3014,3808,585
Appropriation of the result
9906 10,5865,823-6,164-4,420-10,698-10,946-16,241-4,8318691895,1019052,0365,2337,1672,5864,4911,3014,3808,585
14P --6,164-4,420-10,698-10,946---------------
691/2 10,5865,823------8691895,1019052,0365,2337,1672,5864,4911,3014,3808,585
6921 10,5865,823------8691895,1019052,0365,2337,1672,5864,4911,3014,3808,585
Social balance sheet
9087 0.10.10.10.10.10.10.10.10.10.100.10.10.10.10.10.10.10.10.1
Hours worked1013 4854303344405757567072117701019171103187176176
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 11 older financial years (1995-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 01-07-2026 2026-00243730 PDF
31-12-2024 micro format 17-06-2025 2025-00151221 PDF
31-12-2023 micro format 21-06-2024 2024-00155915 PDF
31-12-2022 micro format 12-06-2023 2023-00123644 PDF
31-12-2021 micro format 20-06-2022 2022-20118369 PDF
31-12-2020 micro format 30-06-2021 2021-28400106 PDF
31-12-2019 micro format 24-06-2020 2020-20300599 PDF
31-12-2018 micro format 19-06-2019 2019-20000497 PDF
31-12-2017 micro format 11-06-2018 2018-17500205 PDF
31-12-2016 micro format 13-06-2017 2017-17000116 PDF
31-12-2015 abbreviated format 15-06-2016 2016-18100464 PDF
31-12-2014 abbreviated format 22-06-2015 2015-19800540 PDF
31-12-2013 abbreviated format 16-06-2014 2014-17900574 PDF
31-12-2012 abbreviated format 14-06-2013 2013-17600379 PDF
31-12-2011 abbreviated format 25-06-2012 2012-21400198 PDF
31-12-2010 abbreviated format 27-06-2011 2011-21200161 PDF
31-12-2009 abbreviated format 14-06-2010 2010-17400037 PDF
31-12-2008 abbreviated format 23-06-2009 2009-27500254 PDF
31-12-2007 abbreviated format 18-06-2008 2008-25300287 PDF
31-12-2006 abbreviated format 29-06-2007 2007-32200238 PDF
31-12-2005 abbreviated format 14-06-2006 2006-24600469 PDF
31-12-2004 abbreviated format 27-06-2005 2005-34501024 PDF
31-12-2003 abbreviated format 21-06-2004 2004-28202927 PDF
31-12-2002 abbreviated format 25-06-2003 2003-30804381 PDF
31-12-2001 abbreviated format 20-06-2002 2002-24701822 PDF
31-12-2000 abbreviated format 28-06-2001 2001-29204996 PDF
31-12-1999 abbreviated format 20-06-2000 2000-24704167 PDF
31-12-1998 abbreviated format 03-09-1999 1999-44302666 PDF
31-12-1997 abbreviated format 03-08-1998 1998-38501887 PDF
31-12-1996 abbreviated format 02-10-1997 1997-47005178 PDF
31-12-1995 abbreviated format 28-06-1996 1996-22903487 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
20,37520,9978,58916,14112,90614,955785,13912,92216,02222,19716,74519,00921,47417,90515,99218,35215,26419,55124,802
11,24812,649-2907,2532,4727,518-8,719-2,5424,0218,01012,7218,1619,88212,2418,3618,15910,0647,85810,98915,247
006,62400-1504,87406,2456022,3351,8594,31729,58864304,6800023,187
10,89116,772-11,409-22,1475,21010,089-6,2771,074-3,3291,9768613,6237,010-18,3504778,9157,4579,7952,495-
111,598100,34887,70694,59387,37784,89877,91591,01793,64895,79288,52178,74173,23368,50885,03977,31969,15464,37855,91447,744
69.5%69.4%66.6%66.7%62.4%63.4%63.6%65.5%66.2%66.4%65.7%63.2%63.4%63.0%61.7%56.9%58.0%56.0%57.5%54.6%
3.193.162.872.982.632.652.652.832.852.922.732.472.422.352.662.352.302.202.121.95
1.661.551.201.311.191.160.991.041.031.091.040.960.930.891.181.090.990.880.690.63
0.440.440.500.500.600.580.570.530.510.510.520.580.580.590.620.760.720.780.740.83
9.1%11.3%-1.9%6.6%0.3%6.0%-13.6%-5.1%0.9%0.2%5.2%1.0%2.2%5.8%8.4%3.3%5.9%1.8%6.3%13.1%
6.3%7.9%-1.2%4.4%0.2%3.8%-8.7%-3.3%0.6%0.1%3.4%0.6%1.4%3.6%5.2%1.9%3.4%1.0%3.6%7.1%
2.402.370.971.791.26---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
0.10.10.10.10
Joined21222
Left21222

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€6,624--
€662€662€1,454€975€2,224

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on PAPYRO

The operating result for 2025 is 3% lower than in 2024.

Debt's share of the balance-sheet total falls from 30.6% to 30.5%. Equity and debt are higher.

Next steps

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