PAPRIKA
ActiveSummary
PAPRIKA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €146k and a net result of €14k. Equity is growing by ~36.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-8
Solvency72▼-19
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 2.28 in 2024; short-term debt: 40.7% and cash: 51.2% of total assets), and 53% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
47%
Return on assets
4.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
288 d late
2022
2 d early
2021
24 d early
2020
7 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€146k▼ 3.9%
2024 · €152k
2018: €-22k
2019: €30k
2020: €50k
2021: €48k
2022: €85k
2023: €125k
2024: €152k
2018 → 2025
Total assets
€310k▲ 35.5%
2024 · €229k
2018: €70k
2019: €110k
2020: €269k
2021: €213k
2022: €210k
2023: €230k
2024: €229k
2018 → 2025
Net result
€14k▼ 46.4%
2024 · €27k
2018: €26k
2019: €52k
2020: €20k
2021: €-3k
2022: €37k
2023: €40k
2024: €27k
2018 → 2025
Working capital
€54k▼ 36.7%
2024 · €85k
2018: €-66k
2019: €-25k
2020: €-33k
2021: €-31k
2022: €12k
2023: €61k
2024: €85k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€85k▲ 78.4%€125k▲ 47.2%€152k▲ 21.5%€146k▼ 3.9%
Operating result€-1k-€48k€54k▲ 12.7%€49k▼ 9.6%€28k▼ 43.0%
Net result€-3k-€37k€40k▲ 7.3%€27k▼ 33.0%€14k▼ 46.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €310k
Fixed assets
€131k ▲ 67.7%
Current assets
€180k ▲ 18.9%
Equity and liabilities €310k
Equity
€146k ▼ 3.9%
Debt
€165k ▲ 113%
Debt's share of the balance-sheet total rises from 33.7% to 53.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€63k▼
2024 · €100k
Cash flow
€49k▼
2024 · €78k
Current ratio
1.42▼
2024 · 2.28
Quick ratio
1.39▼
2024 · 2.20
Debt to equity
1.13▲
2024 · 0.51
ROE
9.9%▼
2024 · 17.7%
ROA
4.6%▼
2024 · 11.7%
Interest coverage
7.10▼
2024 · 9.95
Debt ≤ 1 year
€126k▲
2024 · €66k
Debt > 1 year
€38k▲
2024 · €11k
Income taxes
€7k▼
2024 · €14k
Staff costs
€327k▲
2024 · €289k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€229k€310k▲
Fixed assets21/28€78k€131k▲
Intangible fixed assets21€33€0▼
Tangible fixed assets22/27€64k€117k▲
Land and buildings22€32k€36k▲
Plant, machinery and equipment23€28k€75k▲
Furniture and vehicles24€4k€6k▲
Financial fixed assets28€14k€14k=
Current assets29/58€151k€180k▲
Stocks and contracts in progress3€5k€5k▼
Stocks30/36€5k€5k▼
Amounts receivable within one year40/41€7k€10k▲
Other amounts receivable41€7k€10k▲
Cash at bank and in hand54/58€135k€159k▲
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€229k€310k▲
Equity10/15€152k€146k▼
Contributions10/11€19k€19k=
Reserves13€126k€120k▼
Distributable reserves133€126k€120k▼
Profit (loss) carried forward14€7k€7k=
Amounts payable17/49€77k€165k▲
Amounts payable after more than one year17€11k€38k▲
Financial debts170/4€11k€38k▲
Amounts payable within one year42/48€66k€126k▲
Current portion of amounts payable after more than one year42€16k€23k▲
Trade debts44€14k€21k▲
Suppliers440/4€14k€21k▲
Taxes, remuneration and social security45€36k€62k▲
Taxes450/3€23k€33k▲
Remuneration and social security454/9€14k€30k▲
Other amounts payable47/48-€20k
Income statement
Code20242025
Remuneration, social security and pensions62€289k€327k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€35k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€392k€393k▲
Operating profit (loss)9901€49k€28k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Non-recurring financial income76B-€400
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€40k€21k▼
Income taxes67/77€14k€7k▼
Profit (loss) for the period9904€27k€14k▼
Profit (loss) for the period to be appropriated9905€27k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€22k▼
Profit (loss) brought forward from the previous period14P€7k€7k=
Transfer from equity791/2-€20k
Transfer to equity691/2€27k€14k▼
To the legal reserve6920€834€393▼
To other reserves6921€26k€14k▼
Profit to be distributed694/7-€20k
Return on contributions (dividend)694-€20k
The notes to these accounts (12 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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 288 days late
2024
30-09
Financial
Equity above €150kEq €152k ▲21.5%
3 profitable years in a row build equity to €152k.
2023
30-09
Financial
Equity above €100kEq €125k ▲47.2%
2 profitable years in a row build equity to €125k.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
06-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-3k ▼114%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €52k ▲102%
Operating result €68k, net result €52k, both a record.
Show earlier events
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Leuven · 2 establishment units since 1998
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.
Naamsestraat 143000 LeuvenGround area
3,359 m²
Building footprint
2,651 m²
Volume, LiDAR
70,954 m³
2 parcels, Flanders · tallest building 38.6 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
NOSH
since 19982.085.956.888
Vaartkom 29, 3000 Leuven
since 20262.390.864.314
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24062A0074/00M000 | Flanders | 3,169 m² | 1 · 2,452 m² | 38.6 m · 9 fl. |
| 24504D0434/00K000 | Flanders | 190 m² | 1 · 199 m² | 19.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 823 EUR awarded · 823 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 823 EUR | 823 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeuven2.085.956.888
Similar companies · same sector, comparable size
MOSI
BE 0568.874.019
Mons · Eq €145,951
LEOPOLD FOOD
BE 0882.727.318
Waterloo · Eq €145,828
ATELIER CAMBIER FOOD SERVICES
BE 0797.425.023
Walcourt · Eq €145,790
PILOTE
BE 0458.437.242
Philippeville · Eq €146,011
VDB SIMBA
BE 0885.828.744
Kortrijk · Eq €146,133
Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 7,300 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-1998
Fiscal year end30-09
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.