PAUN

Active

Private limited companyfounded 20242 yrs activeDuinenstraat 75, 8400 Oostende, BelgiumKBO/BCE: BE 1007.111.012

The computed 12-month bankruptcy probability of PAUN is 2.7% (moderate). The 2025 annual accounts show equity of €3k and a net result of €14. Its solvency ranks better than 44% of 27319 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2025

79 / 100

Excellent▲ +1 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability2▼-98

Solvency76▲+24

Growth52

Stability82

Bankruptcy probability, 12 months

2.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 1.54 against 1.22 in 2024), but 58% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

66 d early

2024

41 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

12-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€3k▲ 0.4%

2024 · €3k

2024: €3k

2024 → 2025

Total assets

€8k▼ 28.2%

2024 · €11k

2024: €11k

2024 → 2025

Net result

€14▼ 98.7%

2024 · €1k

2024: €1k

2024 → 2025

Working capital

€3k▲ 50.0%

2024 · €2k

2024: €2k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€3k-€3k▲ 0.4%

Operating result€2k-€759▼ 58.1%

Net result€1k-€14▼ 98.7%

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 2025; 2025 is 58% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €8k

10%

89.5%

Fixed assets €857▼ 37.2%

Current assets €7k▼ 24.4%

Equity and liabilities €8k

42.0%

58.0%

Equity €3k▲ 0.4%

Debt €5k▼ 40.4%

The debt ratio falls from 70.0% to 58.0%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€2k▼

2024 · €4k

Cash flow

€862▼

2024 · €3k

Solvency

42.0%▲

2024 · 30.0%

Current ratio

1.54▲

2024 · 1.22

Quick ratio

1.54▲

2024 · 1.22

Debt / equity

1.38▼

2024 · 2.33

ROE

0.4%▼

2024 · 30.0%

ROA

0.2%▼

2024 · 9.0%

Interest coverage

39.78▼

2024 · 121.39

Debt

€5k▼

2024 · €8k

Debt ≤ 1 year

€5k▼

2024 · €8k

Income taxes

€687▼

2024 · €755

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€11k€8k▼

Formation expenses20€341-

Fixed assets21/28€1k€857▼

Tangible fixed assets22/27€1k€857▼

Plant, machinery and equipment23€1k€857▼

Current assets29/58€10k€7k▼

Amounts receivable within one year40/41€855€7k▲

Trade receivables40-€5k

Other amounts receivable41€855€2k▲

Cash at bank and in hand54/58€9k€709▼

Equity and liabilities

Total equity and liabilities10/49€11k€8k▼

Equity10/15€3k€3k▲

Contributions10/11€2k€2k=

Profit (loss) carried forward14€1k€1k▲

Amounts payable17/49€8k€5k▼

Amounts payable within one year42/48€8k€5k▼

Trade debts44€126€266▲

Suppliers440/4€126€266▲

Taxes, remuneration and social security45€4k€1k▼

Taxes450/3€4k€1k▼

Other amounts payable47/48€4k€3k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€849▼

Other operating charges640/8€282€233▼

Gross operating margin9900€4k€2k▼

Operating profit (loss)9901€2k€759▼

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€30€58▲

Recurring financial charges65€30€40▲

Non-recurring financial charges66B-€18

Profit (loss) for the period before taxes9903€2k€701▼

Income taxes67/77€755€687▼

Profit (loss) for the period9904€1k€14▼

Profit (loss) for the period to be appropriated9905€1k€14▼

Appropriation of the result

Profit (loss) to be appropriated9906€1k€1k▲

Profit (loss) brought forward from the previous period14P-€1k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

26-05

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

20-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Oostende · 1 establishment unit since 2024

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.

Duinenstraat 758400 Oostende

Ground area

195 m²

Building footprint

133 m²

Volume, LiDAR

1,028 m³

Parcel 35391A0170/00N014, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

PAUN

Duinenstraat 75, 8400 OostendeGeneral electrical installation work

since 20242.357.656.759

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35391A0170/00N014	Flanders	195 m²	1 · 133 m²	9.9 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

MoKu

BE 1010.931.624

Elsene · Eq €3k

KARWEIWERKEN VAN GORP

Of 19,950 companies in sector 43320 we hold annual accounts for 9,081. 2,315 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded14-03-2024

Fiscal year end31-12

Activities, NACEBEL

43320Joinery installation

43211General electrical installation work

43331Floor and wall tiling

43341Painting of buildings

43990Other specialised construction activities

43999Specialised construction activities

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.