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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
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Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of PaperAs is 0.5% (very low). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.
Based on State Gazette and CBE data.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-08-2025, 63 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-03. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2025, that is 31-10-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-03-2025 | 31-10-2025 | 29-08-2025 | 63 d early | 2025-00471075 |
| 31-03-2024 | 31-10-2024 | 12-09-2024 | 49 d early | 2024-00461421 |
| 31-03-2023 | 31-10-2023 | 31-08-2023 | 61 d early | 2023-00425873 |
| 31-03-2022 | 31-10-2022 | 25-10-2022 | 6 d early | 2022-20473374 |
| 31-03-2021 | 31-10-2021 | 10-08-2021 | 82 d early | 2021-47300404 |
| 31-03-2020 | 31-10-2020 | 13-11-2020 | 13 d late | 2020-70200416 |
| 31-03-2019 | 31-10-2019 | 24-10-2019 | 7 d early | 2019-71200229 |
| 31-03-2018 | 31-10-2018 | 25-10-2018 | 6 d early | 2018-70200191 |
| 31-03-2017 | 31-10-2017 | 15-09-2017 | 46 d early | 2017-61200061 |
| 31-03-2016 | 31-10-2016 | 02-12-2016 | 32 d late | 2016-69300374 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 1986, 40 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.5%
Very low
0%0,5%1,5%4%10%≥25%
Long track record
−Higher-failure-rate sector
+Lower-risk legal form
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBBFinancials being processed
NBB has 10 filing(s) on record for this company, latest fiscal year 2025 (micro). The annual accounts are being processed.
Filings on record
| Fiscal year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | micro | 29-08-2025 | 2025-00471075 |
| 31-03-2024 | micro | 12-09-2024 | 2024-00461421 |
| 31-03-2023 | volledig | 31-08-2023 | 2023-00425873 |
| 31-03-2022 | volledig | 25-10-2022 | 2022-20473374 |
| 31-03-2021 | volledig | 10-08-2021 | 2021-47300404 |
| 31-03-2020 | volledig | 13-11-2020 | 2020-70200416 |
| 31-03-2019 | micro | 24-10-2019 | 2019-71200229 |
| 31-03-2018 | volledig | 25-10-2018 | 2018-70200191 |
| 31-03-2017 | micro | 15-09-2017 | 2017-61200061 |
| 31-03-2016 | volledig | 02-12-2016 | 2016-69300374 |
Directors
Directors & mandates
2 directorsCurrent directors & mandates
-
SRL ISACORLegal entityDirector· perm. rep.: Isabelle PATERNOLLIState Gazette act 23472443 (22-12-2023)Current22-12-2023 → present
2 events
- 22-12-2023 Resigned· Director
- 22-12-2023 Appointed· Director
Former directors (1)
-
Isabelle PATERNOLLIDirectorState Gazette act 23472443 (22-12-2023)Former- → 22-12-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Detailhandel in kranten en andere tijdschriften(47621) |
| Legal form | Public limited company(014) |
| Incorporation | 17-03-1986 |
| Status | Active |
| Postal code | 6280 |
Structure & network
Locations & real estate
Registered office
on the map · from the address register
Gerpinnes
exact location from the address register
Establishment units
1 locationPAPER AS
since 19862.029.071.734
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area249 m²
Buildings1
Building footprint126 m²
Volume (LiDAR)892 m³
Tallest building10.5 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52025C0172/00D000 | Wallonia | 249 m² | 1 · 126 m² | 10.5 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts All acts · 1
updated 2 years ago
2023
22-12-2023 1 director appointed, 2 resigning
- Isabelle PATERNOLLI, Bestuurder
- Isabelle PATERNOLLI, Bestuurder
- Isabelle PATERNOLLI, Bestuurder
Notary:
CAROLINE COUNET · Fleurus
Analysis
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verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads BankActivities
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Primary activity highlighted.
Names & trade names
| Legal nameFR | PaperAs |
Registered office
Avenue Astrid(GER) 3-5
6280 Gerpinnes, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.