PAPYRUS ANTIQUES
ActiveSummary
PAPYRUS ANTIQUES has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€284,127) and a net result of -€6,213. Equity has been shrinking by about 5.9% per year since 2018. Its solvency ranks better than 7% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
Source: KBO- Status
- Active since 13-05-1985 Normal situation
- Activity
- Retail sale of household furniture NACE 47551
- Establishment units
- 2.027.021.173 8000 Brugge, since 13-05-1985
- 2.027.021.074 2000 Antwerpen, since 01-06-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 24-02-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- -€3,300
- Loss
- €6,213
- ▼ 94.0%
- Equity
- -€284,127
- ▼ 2.2%
- Total assets
- €197,271
- ▲ 14.3%
- Negative equity on 31-12-2025
- 2025 accounts filed 52 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€284,127Sector: Retail trade (NACE 47)lowers riskSize: total assets €197,271Founded in 1985Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 17% on liquidity, 20% on profitability and 35% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 74 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€284,127 View
- Risk: 5 loss-making years in a rowloss in financial year 2025 -€6,213 View
- Positive: Result rose in 2025from -€104,420 to -€6,213 ▲ 94.0% View
- Caution: Less equity than 95% of companies in retail tradesector median €41,218 · 22,816 companies -€284,127 View
Recent changes
- · Gazette deed Resignation: Chantal Lemahieu (director)Reappointment: Chantal Lemahieu (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as PAPYRUS ANTIQUES: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €160,000 and €233,000, founded between 1973 and 1989.
| Company | Total assets | Gross margin |
|---|---|---|
| PAPYRUS ANTIQUES Brugge | €197,271 | -€3,300 |
| LE MEUBLE Charleroi | €183,299 | -€7,173 |
| ANTVERPIA Antwerpen | €169,231 | -€1,535 |
| Discotex Brussel | €232,592 | -€1,082 |
| L'ART DE VIVRE Fleurus | €160,000 | -€1,143 |
| VANDENBERGHE GUIDO Oostrozebeke | €174,364 | -€2,325 |
| STALPORT CONTEMPORAIN Liège | €190,178 | -€12,408 |
Key facts about PAPYRUS ANTIQUES
- What is the company number of PAPYRUS ANTIQUES?
- The company number of PAPYRUS ANTIQUES is 0427.190.275. The VAT number is the same number with BE in front: BE 0427.190.275.
- Where is PAPYRUS ANTIQUES based?
- The registered office is at Walplein 41, 8000 Brugge.Company details
- What does PAPYRUS ANTIQUES do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of PAPYRUS ANTIQUES?
- The legal form of PAPYRUS ANTIQUES is Private limited company (BV).
- When was PAPYRUS ANTIQUES founded?
- PAPYRUS ANTIQUES was founded on 13-05-1985.
- Is PAPYRUS ANTIQUES still active?
- Yes, PAPYRUS ANTIQUES is an active enterprise in the KBO register.
- What is the turnover of PAPYRUS ANTIQUES?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is PAPYRUS ANTIQUES profitable?
- In financial year 2025, PAPYRUS ANTIQUES made a loss of €6,213.
- Where can I find the annual accounts of PAPYRUS ANTIQUES?
- PAPYRUS ANTIQUES filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PAPYRUS ANTIQUES due?
- PAPYRUS ANTIQUES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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