DE PAUW
ActiveDE PAUW has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.10M and a net result of €177k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 1522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
96
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+19
Solvency83▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.31 in 2024), and 46.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 10
Relative position
BE, all sectors
reference
Sector 10
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
53.8%
Return on assets
8.7%
Age of the figures
11 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 · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-03-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
10 d early
2023
11 d early
2022
37 d early
2021
4 d early
2020
38 d early
2019
37 d early
← before the deadline
after the deadline →
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
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.10M▲ 6.1%
2024 · €1.04M
2018: €744k
2019: €815k
2020: €907k
2021: €993k
2022: €966k
2023: €910k
2024: €1.04M
2018 → 2025
Total assets
€2.05M▲ 6.2%
2024 · €1.93M
2018: €1.41M
2019: €1.57M
2020: €1.62M
2021: €1.71M
2022: €1.77M
2023: €1.80M
2024: €1.93M
2018 → 2025
Net result
€177k▲ 38.5%
2024 · €128k
2018: €42k
2019: €72k
2020: €94k
2021: €121k
2022: €84k
2023: €56k
2024: €128k
2018 → 2025
Working capital
€292k▲ 45.4%
2024 · €201k
2018: €-143k
2019: €-172k
2020: €-45k
2021: €59k
2022: €62k
2023: €44k
2024: €201k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€993k-€966k▼ 2.7%€910k▼ 5.8%€1.04M▲ 14.1%€1.10M▲ 6.1%
Operating result€189k-€137k▼ 27.6%€108k▼ 21.3%€226k▲ 110%€250k▲ 11.0%
Net result€121k-€84k▼ 30.6%€56k▼ 32.7%€128k▲ 127%€177k▲ 38.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.05M
Fixed assets
€1.03M▼ 4.1%
Current assets
€1.01M▲ 19.2%
Equity and liabilities €2.05M
Equity
€1.10M▲ 6.1%
Debt
€946k▲ 6.4%
The debt ratio rises from 46.1% to 46.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€297k▲
2024 · €278k
Cash flow
€224k▲
2024 · €181k
Solvency
53.8%▼
2024 · 53.9%
Current ratio
1.40▲
2024 · 1.31
Quick ratio
1.40▲
2024 · 1.30
Debt / equity
0.86▲
2024 · 0.86
ROE
16.1%▲
2024 · 12.3%
ROA
8.7%▲
2024 · 6.6%
Interest coverage
76.47▲
2024 · 5.86
Debt
€946k▲
2024 · €889k
Debt ≤ 1 year
€723k▲
2024 · €651k
Debt > 1 year
€221k▼
2024 · €236k
Income taxes
€81k▲
2024 · €53k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.93M€2.05M▲
Fixed assets21/28€1.08M€1.03M▼
Tangible fixed assets22/27€1.08M€1.03M▼
Land and buildings22€1.01M€982k▼
Plant, machinery and equipment23€61k€50k▼
Furniture and vehicles24€370€202▼
Current assets29/58€852k€1.01M▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€310€559▲
Trade receivables40€310€559▲
Current investments50/53€500k-
Cash at bank and in hand54/58€341k€1.00M▲
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.93M€2.05M▲
Equity10/15€1.04M€1.10M▲
Contributions10/11€442k€442k=
Reserves13€596k€659k▲
Non-distributable reserves130/1€25k-
Reserves not available under the articles1311€25k-
Distributable reserves133€571k€659k▲
Amounts payable17/49€889k€946k▲
Amounts payable after more than one year17€236k€221k▼
Financial debts170/4€236k€221k▼
Amounts payable within one year42/48€651k€723k▲
Current portion of amounts payable after more than one year42€15k€16k▲
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€27k€16k▼
Taxes450/3€22k€11k▼
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€602k€687k▲
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Non-recurring operating income76A-€210
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€47k▼
Other operating charges640/8€11k€11k▼
Gross operating margin9900€289k€308k▲
Operating profit (loss)9901€226k€250k▲
Financial income75/76B€3k€11k▲
Recurring financial income75€3k€11k▲
Financial charges65/66B€47k€4k▼
Recurring financial charges65€47k€4k▼
Profit (loss) for the period before taxes9903€181k€258k▲
Income taxes67/77€53k€81k▲
Profit (loss) for the period9904€128k€177k▲
Profit (loss) for the period to be appropriated9905€128k€177k▲
Appropriation of the result
Profit (loss) to be appropriated9906€128k€177k▲
Transfer from equity791/2-€114k
Transfer to equity691/2€128k€177k▲
To other reserves6921€128k€177k▲
Profit to be distributed694/7-€114k
Return on contributions (dividend)694-€114k
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
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €177k ▲38.5%
Operating result €250k, net result €177k, both a record.
20-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €1MEq €1.04M ▲14.1%
7 profitable years in a row build equity to €1.04M.
19-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-03
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
5 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, Sint-Lievens-Houtem · 1 establishment unit since 2008
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.
Mgr. Meulemanstraat 519520 Sint-Lievens-HoutemGround area
1,076 m²
Building footprint
464 m²
Volume, LiDAR
2,409 m³
Parcel 41063D0600/00N000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Pauw
since 20082.172.424.866
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41063D0600/00N000 | Flanders | 1,076 m² | 1 · 463 m² | 9.7 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Lievens-Houtem2.172.424.866
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Of 4,201 companies in sector 10712 we hold annual accounts for 1,851. 855 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2008
Fiscal year end30-09
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.