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Paperbirds

Active
Ardooisesteenweg 266 ·8800 Roeselare, Belgium
KBO/BCE: BE 0794.219.370
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Age3 yrs
Real estate1 parcel · 2,523 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Paperbirds is 1.0% (low). The 2024 annual accounts show equity of €71k and a net result of €68k. Its solvency ranks better than 54% of 3178 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 17-06-2025, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
There is a single filed set of accounts, closing on 30-09. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. 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 30-09-2024, that is 30-04-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
30-09-2024 30-04-2025 17-06-2025 48 d late 2025-00170026

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 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
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 everyone
1.0% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€68k
Working capital€70k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 17-06-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 82 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 57.4% 53.8%
better than 54% of 3178 sector peers
Net result €68k €18k
better than 85% of 3177 sector peers
Equity €71k €40k
better than 66% of 3180 sector peers
Gross operating margin €124k €36k
better than 88% of 3177 sector peers
Total assets €124k €94k
better than 61% of 3183 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€105k
Net profit€68k
Cash flow€70k
Staff costs-
Income taxes€27k
Dividends-
Total assets€124k
Equity€71k
Debt€53k
of which ≤ 1y€52k
of which > 1y-
Working capital€70k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.34
Quick ratio2.34
Working capital ratio56.1%
Solvency57.4%
Debt / equity0.74
Long-term debt ratio-
Interest coverage12.39
Gross margin-
Net margin-
ROA54.9%
ROE95.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€124k
Fixed assets 21/28€3k
Tangible fixed assets 22/27€3k
Financial fixed assets 28€60
Current assets 29/58€122k
Amounts receivable within one year 40/41€108k
Cash & bank 54/58€14k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€124k
Equity 10/15€71k
Contributions / capital 10/11€3k
Reserves 13€68k
Amounts payable 17/49€53k
Amounts payable within one year 42/48€52k
Trade debts payable within one year 44€11k
Income statement
Gross operating margin 9900€124k
Operating result 9901€103k
Financial income 75€153
Financial charges 65€8k
Result before taxes 9903€95k
Income taxes 67/77€27k
Net result for the period 9904€68k
Result to be appropriated 9905€68k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
93 / 100 Excellent
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Ardooisesteenweg 2668800 Roeselare

Establishment units

1 location
Paperbirds
Ardooisesteenweg 266, 8800 RoeselarePersbureaus en persagentschappen, die nieuwsberichten, nieuwsfoto's en speciale artikelen leveren aan de media
since 20222.338.609.919
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,523 m²
Buildings1
Building footprint581 m²
Volume (LiDAR)3,024 m³
Tallest building9.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels 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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36502B1310/00F000 Flanders 2,523 m² 1 · 581 m² 9.4 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

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

4 of 5 axes measured
Health93Profitability100Solvency98Growth-Stability79
92 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 93
Profitability 100
Solvency 98
Growth -
Stability 79

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 962 of the 11,199 companies in this sector. 721 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110Adviesbureaus op het gebied van public relations en communicatie70210Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300Activiteiten van fotografen, met uitzondering van persfotografen74201Organisatie van congressen en beurzen82300Overige vormen van onderwijs85599
Primary activity highlighted.
Names & trade names
Legal nameNL Paperbirds
Registered office
Ardooisesteenweg 266
8800 Roeselare, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.