Bert Pauwels
ActiveSummary
Bert Pauwels has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €4k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 85% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+5
Solvency100▲+2
Growth55▼-17
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.86 against 3.39 in 2024; short-term debt: 22.4% and cash: 27.2% of total assets), and 22.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
77.4%
Return on assets
3.2%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
27 d late
2023
29 d late
2022
30 d late
2021
30 d late
2020
25 d late
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€253k▲ 26.0%
2021 · €201k
2021: €201k
2021 → 2024
EBIT margin
5.7%▼ 4.1pp
2021 · 9.7%
2021: 9.7%
2021 → 2024
Net result
€4k▼ 57.8%
2024 · €9k
2018: €6k
2019: €2k
2020: €5k
2021: €15k
2022: €15k
2023: €9k
2024: €9k
2018 → 2025
Working capital
€76k▲ 2.5%
2024 · €74k
2018: €21k
2019: €12k
2020: €20k
2021: €39k
2022: €45k
2023: €64k
2024: €74k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€201k-€253k
Equity€53k-€69k▲ 28.9%€79k▲ 15.2%€88k▲ 11.2%€92k▲ 4.3%
Operating result€20k-€20k▲ 3.5%€13k▼ 36.4%€14k▲ 11.7%€6k▼ 56.9%
Net result€15k-€15k▲ 1.3%€9k▼ 44.0%€9k▲ 3.0%€4k▼ 57.8%
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 falls in 2025; 2025 is 57% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118k
Fixed assets
€16k ▲ 4.1%
Current assets
€102k ▼ 2.4%
Equity and liabilities €118k
Equity
€92k ▲ 4.3%
Debt
€27k ▼ 17.5%
Debt's share of the balance-sheet total falls from 26.9% to 22.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▼
2024 · €18k
Cash flow
€8k▼
2024 · €12k
Current ratio
3.86▲
2024 · 3.39
Quick ratio
3.73▲
2024 · 3.24
Debt to equity
0.29▼
2024 · 0.37
ROE
4.1%▼
2024 · 10.1%
ROA
3.2%▼
2024 · 7.4%
Interest coverage
10.32▲
2024 · 7.40
Debt ≤ 1 year
€26k▼
2024 · €31k
Income taxes
€1k▼
2024 · €3k
Staff costs
€2k▲
2024 · €2k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€120k€118k▼
Fixed assets21/28€15k€16k▲
Tangible fixed assets22/27€15k€16k▲
Land and buildings22€10k€9k▼
Plant, machinery and equipment23€2k€5k▲
Furniture and vehicles24€2k€1k▼
Current assets29/58€105k€102k▼
Stocks and contracts in progress3€5k€4k▼
Stocks30/36€5k€4k▼
Amounts receivable within one year40/41€54k€46k▼
Trade receivables40€38k€38k▼
Other amounts receivable41€16k€8k▼
Cash at bank and in hand54/58€22k€32k▲
Deferred charges and accrued income490/1€24k€21k▼
Equity and liabilities
Total equity and liabilities10/49€120k€118k▼
Equity10/15€88k€92k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€80k€84k▲
Amounts payable17/49€32k€27k▼
Amounts payable within one year42/48€31k€26k▼
Trade debts44€20k€18k▼
Suppliers440/4€20k€18k▼
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48€9k€5k▼
Accrued charges and deferred income492/3€1k€190▼
Income statement
Code20242025
Turnover70€253k-
Goods, raw materials, services and sundry goods60/61€234k-
Remuneration, social security and pensions62€2k€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€22k€15k▼
Operating profit (loss)9901€14k€6k▼
Financial income75/76B€12€6▼
Recurring financial income75€12€6▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€12k€5k▼
Income taxes67/77€3k€1k▼
Profit (loss) for the period9904€9k€4k▼
Profit (loss) for the period to be appropriated9905€9k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€84k▲
Profit (loss) brought forward from the previous period14P€71k€80k▲
The notes to these accounts (5 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €15k ▲1.3%
Operating result €20k, net result €15k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
31-12
Financial
Weakest financial yearnet €2k ▼70.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
31-07
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
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, Aartselaar · 1 establishment unit since 2012
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.
Leugstraat 1442630 AartselaarGround area
587 m²
Building footprint
245 m²
Volume, LiDAR
2,044 m³
2 parcels, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Athenestraat 10, 2020 Antwerpen
since 20122.206.759.007
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2358/00G007 | Flanders | 352 m² | 1 · 195 m² | 9.8 m · 3 fl. |
| 11001B0318/00C000 | Flanders | 235 m² | 1 · 50 m² | 8.8 m · 3 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.
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CLOMBE Alain
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VR CHAUFFAGE
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,887 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
Founded13-02-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.