K. Pauels is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €52k and a net result of €53k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 9864 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €52k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
20 d early
2022
34 d early
2021
100 d early
2020
40 d early
2019
140 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€52k▲ 182%
2023 · €19k
2018: €35k
2019: €47k
2020: €19k
2021: €19k
2022: €44k
2023: €19k
2018 → 2024
Net result
€53k▲ 120%
2023 · €24k
2018: €12k
2019: €4k
2020: €8k
2021: €7k
2022: €26k
2023: €24k
2018 → 2024
Total assets
€89k▼ 13.7%
2023 · €103k
2018: €51k
2019: €99k
2020: €89k
2021: €74k
2022: €75k
2023: €103k
2018 → 2024
Solvency
59.0%▲ 41.0pp
2023 · 18.1%
2018: 68.1%
2019: 47.3%
2020: 21.0%
2021: 25.1%
2022: 58.7%
2023: 18.1%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€19k-€19k=€44k▲ 138%€19k▼ 58.0%€52k▲ 182%
Operating result€12k-€11k▼ 6.3%€33k▲ 192%€33k▼ 2.8%€67k▲ 107%
Net result€8k-€7k▼ 13.6%€26k▲ 282%€24k▼ 5.8%€53k▲ 120%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 107% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €89k
Equity
€52k▲ 182%
Debt
€36k▼ 56.9%
The debt ratio falls from 81.9% to 41.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
59.0%▲
2023 · 18.1%
ROE
101.4%▼
2023 · 130.1%
ROA
59.9%▲
2023 · 23.5%
Debt
€36k▼
2023 · €84k
Debt ≤ 1 year
€36k▼
2023 · €83k
Income taxes
€14k▲
2023 · €7k
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€103k€89k▼
Current assets29/58€103k€89k▼
Amounts receivable within one year40/41€14k€17k▲
Trade receivables40€11k€16k▲
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€85k€68k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€103k€89k▼
Equity10/15€19k€52k▲
Contributions10/11€19k€100▼
Profit (loss) carried forward14€0€52k▲
Amounts payable17/49€84k€36k▼
Amounts payable within one year42/48€83k€36k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€5k€8k▲
Taxes450/3€5k€8k▲
Other amounts payable47/48€76k€27k▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Other operating charges640/8€917€918▲
Gross operating margin9900€33k€68k▲
Operating profit (loss)9901€33k€67k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€2k€469▼
Recurring financial charges65€2k€469▼
Profit (loss) for the period before taxes9903€31k€67k▲
Income taxes67/77€7k€14k▲
Profit (loss) for the period9904€24k€53k▲
Profit (loss) for the period to be appropriated9905€24k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€50k€53k▲
Profit (loss) brought forward from the previous period14P€26k€0▼
Profit to be distributed694/7€50k€833▼
Return on contributions (dividend)694€50k€833▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €53k ▲120%
Operating result €67k, net result €53k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 2.42
Current ratio from 1.18 to 2.42; short-term debt falls from €45k to €31k.
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €4k ▼65.5%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Leuven · 1 establishment unit since 2016
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.
Dagobertstraat 243000 LeuvenGround area
369 m²
Building footprint
304 m²
Parcel 24502B0321/00S006, Flanders. Linked by address, not a title deed.
1 establishment unit
PAUELS K.
since 20162.256.546.236
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B0321/00S006 | Flanders | 368 m² | 1 · 304 m² | - |
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.
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 10,540 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2016
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.