De-Pauw
ActiveDe-Pauw has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8k and a net result of €12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 15867 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency42▲+26
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.49 against 1.93 in 2023; short-term debt: 37.2% and cash: 49.4% of total assets), but 82.8% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
17.2%
Return on assets
26%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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
not confirmed
2024
57 d late
2023
85 d late
2022
on the day
2021
12 d late
2020
89 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€8k
2023 · €-4k
2018: €-7k
2019: €-11k
2020: €-27k
2021: €-36k
2022: €-27k
2023: €-4k
2018 → 2024
Total assets
€46k▲ 3.8%
2023 · €44k
2018: €60k
2019: €105k
2020: €82k
2021: €57k
2022: €43k
2023: €44k
2018 → 2024
Net result
€12k▼ 48.8%
2023 · €23k
2018: €29
2019: €-4k
2020: €-16k
2021: €-10k
2022: €9k
2023: €23k
2018 → 2024
Working capital
€26k▲ 44.6%
2023 · €18k
2018: €13k
2019: €11k
2020: €-2k
2021: €-12k
2022: €8k
2023: €18k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-27k-€-36k▼ 35.7%€-27k▲ 24.4%€-4k▲ 85.2%€8k
Operating result€-14k-€-9k▲ 38.7%€10k€24k▲ 138%€12k▼ 48.6%
Net result€-16k-€-10k▲ 40.2%€9k€23k▲ 164%€12k▼ 48.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 49% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €46k
Fixed assets
€3k▼ 56.2%
Current assets
€43k▲ 16.6%
Equity and liabilities €46k
Equity
€8k
Debt
€38k
Debt finances 82.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€17k▼
2023 · €39k
Cash flow
€16k▼
2023 · €38k
Solvency
17.2%▲
2023 · -9.2%
Current ratio
2.49▲
2023 · 1.93
Quick ratio
1.79▲
2023 · 1.30
Debt / equity
4.82▲
2023 · -11.92
ROE
151.4%
ROA
26.0%▼
2023 · 52.7%
Interest coverage
111.97▲
2023 · 111.39
Debt
€38k▼
2023 · €48k
Debt ≤ 1 year
€17k▼
2023 · €19k
Debt > 1 year
€21k▼
2023 · €29k
Income taxes
€157▲
2023 · €154
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€44k€46k▲
Fixed assets21/28€8k€3k▼
Tangible fixed assets22/27€8k€3k▼
Land and buildings22€3k€508▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€840€654▼
Current assets29/58€37k€43k▲
Stocks and contracts in progress3€12k€12k=
Stocks30/36€12k€12k=
Amounts receivable within one year40/41€17k€8k▼
Trade receivables40€17k€8k▼
Cash at bank and in hand54/58€6k€23k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€44k€46k▲
Equity10/15€-4k€8k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-23k€-11k▲
Amounts payable17/49€48k€38k▼
Amounts payable after more than one year17€29k€21k▼
Other amounts payable178/9€29k€21k▼
Amounts payable within one year42/48€19k€17k▼
Current portion of amounts payable after more than one year42€9k-
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€5k€12k▲
Taxes450/3€5k€5k▼
Remuneration and social security454/9-€8k
Accrued charges and deferred income492/3-€387
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€4k▼
Other operating charges640/8€622€610▼
Gross operating margin9900€39k€17k▼
Operating profit (loss)9901€24k€12k▼
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€348€149▼
Recurring financial charges65€348€149▼
Profit (loss) for the period before taxes9903€24k€12k▼
Income taxes67/77€154€157▲
Profit (loss) for the period9904€23k€12k▼
Profit (loss) for the period to be appropriated9905€23k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-11k▲
Profit (loss) brought forward from the previous period14P€-46k€-23k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 85 days late
2023
31-12
Financial
Highest result since 2018net €23k ▲164%
Operating result €24k, net result €23k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.45
Current ratio from 0.66 to 1.45; short-term debt falls from €35k to €17k.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Huldenberg · 1 establishment unit since 2009
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.
Wolfshaegen 1363040 HuldenbergGround area
1,618 m²
Building footprint
150 m²
Volume, LiDAR
1,172 m³
Parcel 24075D0209/00N000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
De-Pauw
since 20092.180.587.615
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24075D0209/00N000 | Flanders | 1,618 m² | 1 · 150 m² | 10.4 m · 3 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.
Similar companies · same sector, comparable size
DENTAL 3D
BE 0802.879.787
Marche-en-Famenne · Eq €8k
Pak Consult
BE 0737.893.549
Gent · Eq €8k
Profadex
BE 0783.566.889
Ichtegem · Eq €8k
KAMAR
BE 0801.922.160
Antwerpen · Eq €8k
C.S. SECOND LIFE CARS
BE 0763.830.359
Flémalle · Eq €8k
Of 4,426 companies in sector 46180 we hold annual accounts for 1,886. 822 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2009
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.