PAUL EELEN
ActivePAUL EELEN has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.32M and a net result of €538k. Equity is growing by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 84% of 3199 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 8.74 against 9.03 in 2024), and 17.5% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
82.5%
Return on assets
19.1%
Age of the figures
15 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 31-05-2025 was due by 31-12-2025 and was filed on 16-12-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
11 d early
2023
33 d early
2022
10 d early
2021
31 d early
2020
21 d early
2019
15 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close06-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.32M▲ 18.2%
2024 · €1.97M
2021: €1.09M
2022: €1.26M
2023: €1.60M
2024: €1.97M
2021 → 2025
Total assets
€2.82M▲ 18.5%
2024 · €2.38M
2021: €1.46M
2022: €1.71M
2023: €2.14M
2024: €2.38M
2021 → 2025
Net result
€538k▲ 6.6%
2024 · €504k
2021: €316k
2022: €300k
2023: €467k
2024: €504k
2021 → 2025
Working capital
€2.14M▲ 21.3%
2024 · €1.77M
2021: €1.02M
2022: €1.06M
2023: €1.40M
2024: €1.77M
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.09M-€1.26M▲ 15.7%€1.60M▲ 26.6%€1.97M▲ 22.8%€2.32M▲ 18.2%
Operating result€425k-€390k▼ 8.2%€644k▲ 65.1%€678k▲ 5.3%€724k▲ 6.8%
Net result€316k-€300k▼ 5.0%€467k▲ 55.4%€504k▲ 8.0%€538k▲ 6.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 7% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.82M
Fixed assets
€394k▲ 1.5%
Current assets
€2.42M▲ 21.8%
Equity and liabilities €2.82M
Equity
€2.32M▲ 18.2%
Debt
€492k▲ 19.9%
The debt ratio rises from 17.3% to 17.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€779k▲
2024 · €734k
Cash flow
€593k▲
2024 · €561k
Solvency
82.5%▼
2024 · 82.7%
Current ratio
8.74▼
2024 · 9.03
Quick ratio
8.74▼
2024 · 9.03
Debt / equity
0.21▲
2024 · 0.21
ROE
23.1%▼
2024 · 25.7%
ROA
19.1%▼
2024 · 21.2%
Interest coverage
83.55▼
2024 · 108.97
Debt
€492k▲
2024 · €410k
Debt ≤ 1 year
€277k▲
2024 · €220k
Debt > 1 year
€213k▲
2024 · €186k
Income taxes
€257k▲
2024 · €234k
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
Total assets
20/58€2.38M€2.82M▲
Fixed assets
21/28€388k€394k▲
Tangible fixed assets
22/27€386k€392k▲
Financial fixed assets
28€3k€3k=
Current assets
29/58€1.99M€2.42M▲
Amounts receivable within one year
40/41€1.63M€2.05M▲
Investments
50/53€251k€254k▲
Cash & bank
54/58€100k€115k▲
Total equity & liabilities
10/49€2.38M€2.82M▲
Equity
10/15€1.97M€2.32M▲
Contributions / capital
10/11€12k€12k=
Reserves
13€1.95M€2.31M▲
Amounts payable
17/49€410k€492k▲
Amounts payable after one year
17€186k€213k▲
Amounts payable within one year
42/48€220k€277k▲
Trade debts payable within one year
44€25k€46k▲
Income statement
Code20242025
Gross operating margin
9900€737k€781k▲
Operating result
9901€678k€724k▲
Financial income
75€67k€80k▲
Financial charges
65€7k€9k▲
Result before taxes
9903€739k€795k▲
Income taxes
67/77€234k€257k▲
Net result for the period
9904€504k€538k▲
Result to be appropriated
9905€504k€538k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-05
State Gazette act
Open capture
Incorporation · Notarial deed · Founder · Officer appointment · Peter VAN MELKEBEKE
05-05
State Gazette act
Open capture
Notarial deed · Incorporation · Registered seat · Purpose · Yorik DESMYTTERE
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-05
Financial
Highest result since 2021net €538k ▲6.6%
Operating result €724k, net result €538k, both a record.
31-05
Financial
Equity above €2MEq €2.32M ▲18.2%
5 profitable years in a row build equity to €2.32M.
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-05
Financial
Weakest financial yearnet €300k ▼5%
Net result drops to €300k, the lowest in the series; recovery starts the following year.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 15 days late
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 2 acts read
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
Dirk Vlaminckx
BE 0848.566.094
Ranst · Eq €2.32M
INGE BOETS
BE 0458.838.011
Brasschaat · Eq €2.35M
MARIE-NOELLE GODEAU-REVISEUR D'ENTREPRISES
BE 0877.318.874
Brussel · Eq €2.36M
Marc SCHOOFS en Co
BE 0448.994.291
Zoersel · Eq €2.28M
J. VAN MERODE
BE 0461.509.073
Schilde · Eq €2.37M
Of 940 companies in sector 69203 we hold annual accounts for 655. 314 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-07-2012
Fiscal year end31-05
Activities, NACEBEL
69203Activities of company auditors
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 2 actsNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 01-08-2026. Scores and ratios are computed by Checked and are not a credit decision.