PAPYRUS PROMOTION
ActivePAPYRUS PROMOTION has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €2k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 31% of 527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▲+16
Solvency31▲+5
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.86 in 2024), and 76.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.3%
Return on assets
0.7%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
6 d early
2023
6 d early
2022
7 d early
2021
2 d early
2020
30 d late
2019
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€67k▲ 3.3%
2024 · €65k
2018: €73k
2019: €74k
2020: €72k
2021: €66k
2022: €66k
2023: €65k
2024: €65k
2018 → 2025
Total assets
€286k▼ 5.0%
2024 · €301k
2018: €459k
2019: €458k
2020: €465k
2021: €343k
2022: €331k
2023: €317k
2024: €301k
2018 → 2025
Net result
€2k
2024 · €-172
2018: €3k
2019: €1k
2020: €-3k
2021: €-5k
2022: €-557
2023: €-905
2024: €-172
2018 → 2025
Working capital
€-24k▲ 29.2%
2024 · €-33k
2018: €-75k
2019: €-66k
2020: €-68k
2021: €-63k
2022: €-53k
2023: €-44k
2024: €-33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€66k▼ 0.8%€65k▼ 1.4%€65k▼ 0.3%€67k▲ 3.3%
Operating result€-5k-€-435▲ 91.8%€-1k▼ 194%€-1k▼ 8.9%€281
Net result€-5k-€-557▲ 89.6%€-905▼ 62.6%€-172▲ 81.0%€2k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €281 after a loss of €1k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286k
Fixed assets
€91k▼ 8.0%
Current assets
€195k▼ 3.6%
Equity and liabilities €286k
Equity
€67k▲ 3.3%
Debt
€219k▼ 7.3%
The debt ratio falls from 78.5% to 76.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€8k▼
2024 · €9k
Cash flow
€10k▲
2024 · €10k
Solvency
23.3%▲
2024 · 21.5%
Current ratio
0.89▲
2024 · 0.86
Quick ratio
0.89▲
2024 · 0.86
Debt / equity
3.28▼
2024 · 3.66
ROE
3.2%▲
2024 · -0.3%
ROA
0.7%▲
2024 · -0.1%
Interest coverage
89.92▼
2024 · 169.26
Debt
€219k▼
2024 · €236k
Debt ≤ 1 year
€219k▼
2024 · €236k
Income taxes
€69▲
2024 · €-198
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€301k€286k▼
Fixed assets21/28€98k€91k▼
Tangible fixed assets22/27€98k€91k▼
Land and buildings22€98k€90k▼
Furniture and vehicles24€248€248=
Current assets29/58€203k€195k▼
Amounts receivable within one year40/41€806€4k▲
Trade receivables40€24€3k▲
Other amounts receivable41€781€1k▲
Cash at bank and in hand54/58€200k€190k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€301k€286k▼
Equity10/15€65k€67k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€54k€54k=
Non-distributable reserves130/1€4k€4k=
Legal reserve130€4k€4k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€-8k€-6k▲
Amounts payable17/49€236k€219k▼
Amounts payable within one year42/48€236k€219k▼
Trade debts44€715€3k▲
Suppliers440/4€715€3k▲
Other amounts payable47/48€235k€216k▼
Accrued charges and deferred income492/3€272€98▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€11k€10k▼
Operating profit (loss)9901€-1k€281▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€51€90▲
Recurring financial charges65€51€90▲
Profit (loss) for the period before taxes9903€-370€2k▲
Income taxes67/77€-198€69▲
Profit (loss) for the period9904€-172€2k▲
Profit (loss) for the period to be appropriated9905€-172€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-6k▲
Profit (loss) brought forward from the previous period14P€-8k€-8k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 5 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chaumont-Gistoux · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue des Alouettes, Dion-V. 111325 Chaumont-GistouxGround area
1,329 m²
Building footprint
127 m²
Volume, LiDAR
605 m³
Parcel 25025C0066/00C002, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue des Alouettes, Dion-V. 11, 1325 Chaumont-Gistoux
since 20002.036.764.824
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25025C0066/00C002 | Wallonia | 1,329 m² | 1 · 127 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0832.405.203
Mol · Eq €67k
OUFTI CONNECTIONS
BE 0766.257.735
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BAS CONCERT SYSTEMS
BE 0793.183.351
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WEBA Productions
BE 0884.205.577
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Of 3,380 companies in sector 90393 we hold annual accounts for 930. 746 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-1988
Fiscal year end31-12
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
92313
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.