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FIETSEN PAUWELS

Active
Private limited companyfounded 2020active for 6 yearsKerkhovensesteenweg 397, 3920 Lommel, BelgiumKBO/BCE: BE 0740.690.713

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of FIETSEN PAUWELS is 2.7% (moderate). The 2024 annual accounts show equity of €2.1m and a net result of €346,538. Equity has been growing by about 37% per year since 2020. Its solvency ranks better than 91% of 9,537 sector peers (NACE 47, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 03-01-2020 Normal situation
Legal form
Private limited company
Registered office
Kerkhovensesteenweg 397, 3920 Lommel
Activity
Retail sale of bicycles NACE 47632and 4 others
Establishment unit
2.297.663.447 3920 Lommel, since 03-01-2020
Financial year end
31 December
Peppol
Reachable since 06-10-2025

Board and ownership

Board
  • Pauwels ErwinDirector
  • Pauwels YannickDirector

Financial position

54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.7%
Annual accounts 2024
Gross margin
€674,596
▼ 26.3%
Turnover
≈ €4.5m
estimated
Profit
€346,538
▼ 37.9%
Equity
€2.1m
▲ 19.3%
Total assets
€2.6m
▲ 2.4%
Staff
4.6 FTE
▲ 27.8%
2025 accounts not filed, 93 days past the deadline
Filed on 20-10-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 21-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 81 days late; 3 of the last 3 accounts lateFounded in 2020lowers riskEquity €2.1m (82.5% of total assets)Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 77% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2023
Strong
Solvency 100+4
equity 82.5% of total assets
Liquidity 57+15
short-term debt 16.0% · cash 8.4%
Profitability 85-11
return on assets 13.3%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 2.6% 12-2024: 3.0%▲ +0.4 percentage points vs 11-2024 01-2025: 1.3%▼ -1.7 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.5%▲ +0.2 percentage points vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.7%▲ +0.2 percentage points vs 05-2025 07-2025: 1.8%▲ +0.1 percentage points vs 06-2025 08-2025: 2.1%▲ +0.3 percentage points vs 07-2025 09-2025: 2.2%▲ +0.1 percentage points vs 08-2025 10-2025: 3.0%▲ +0.8 percentage points vs 09-2025highest value 11-2025: 0.9%▼ -2.1 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 1.0%▲ +0.1 percentage points vs 02-2026 04-2026: 0.9%▼ -0.1 percentage points vs 03-2026 05-2026: 0.8%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026 07-2026: 1.2%▲ +0.3 percentage points vs 06-2026 08-2026: 1.6%▲ +0.4 percentage points vs 07-2026 09-2026: 1.7%▲ +0.1 percentage points vs 08-2026 10-2026: 2.7%▲ +1.0 percentage point vs 09-2026
Credit of up to €110,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 6.06 (3.47 in 2023), above the usual 1.5. Short-term debt is 16% and cash 8.4% of total assets. 17.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 63% on liquidity, 80% on profitability and 72% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 21-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 81 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Equity €2.1m (82.5% of total assets)
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 81 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
81 days late
2023
142 days late
2022
127 days late
2021
2 days early
2020
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 69 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 94% of companies in retail tradesector median €332,654 · 9,539 companies €2.1m View
  • Caution: Result fell in 2024from €558,365 to €346,538 ▼ 37.9% View
  • Positive: 5 profitable years in a rowprofit 2024: €346,538 5 years View

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about FIETSEN PAUWELS

What is the company number of FIETSEN PAUWELS?
The company number of FIETSEN PAUWELS is 0740.690.713. The VAT number is the same number with BE in front: BE 0740.690.713.
Where is FIETSEN PAUWELS based?
The registered office is at Kerkhovensesteenweg 397, 3920 Lommel.Company details
What does FIETSEN PAUWELS do?
According to the KBO register, the main activity is retail sale of bicycles (NACE 47632).
What is the legal form of FIETSEN PAUWELS?
The legal form of FIETSEN PAUWELS is Private limited company (BV).
When was FIETSEN PAUWELS founded?
FIETSEN PAUWELS was founded on 03-01-2020.
Is FIETSEN PAUWELS still active?
Yes, FIETSEN PAUWELS is an active enterprise in the KBO register.
How many employees does FIETSEN PAUWELS have?
FIETSEN PAUWELS had an average of 4.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of FIETSEN PAUWELS?
The turnover in financial year 2024 is ≈ €4.5m. This figure is estimated from the gross margin of €674,596 and 219 comparable companies (NACE 47). It probably lies between €2.5m and €7.1m.
Is FIETSEN PAUWELS profitable?
In financial year 2024, FIETSEN PAUWELS made a profit of €346,538.
Where can I find the annual accounts of FIETSEN PAUWELS?
FIETSEN PAUWELS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

Comparable companies

These companies have the same main activity as FIETSEN PAUWELS: retail sale of bicycles (NACE 47632). They are comparable in size and age: total assets between €2m and €2.8m, founded between 2016 and 2021.

CompanyTotal assetsGross margin
FIETSEN PAUWELS Lommel€2.6m€0.7m
Get Fixed Tessenderlo-Ham€2.8m€0.7m
VFT Brugge€2.0m€0.6m
FIETSEN WAUTERS Assenede€2.8m€0.5m
Fietsen Storms Herselt€2.3m€0.6m
Velektro Pelt€2.1m€0.4m
Fietsen Jacobs Zandhoven€2.2m€0.7m
Full comparison

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