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PAUWELS

Active
Public limited companyfounded 194977 yrs activeVaartstraat 176, 2520 Ranst, BelgiumKBO/BCE: BE 0404.100.020
Summary

PAUWELS has been active since 1949 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54.6m and a net result of €19.1m. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 775 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
PAUWELSActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of food products
NACE 10890Manufacture of food products NACE 10840NACE 15870
#1 employer in Ranst2 sites
Size
€310.4mturnover 2025
Staff
285.9 FTE
Equity
€54.6m
Profit
€19.1m
Financial health
97 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
SACOM BV · 100%
Holdings
3
Accounts 30 d early0 of 22 deeds read
Why 97- Sector Manufacture of food products (NACE 10)+ Founded in 1949+ Size: turnover €310.4m, 285.9 FTE, total assets €93.2m, files consolidated accounts+ Equity €54.6m (58.5% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Better than 75% of its sector peers (NACE 10, large)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 84+5
equity 58.5% of total assets
Liquidity 41-3
short-term debt 39.3% · cash 7.8%
Profitability 82+9
return on assets 20.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (62 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%▼ -3.8% vs 01-2025 03-2025: 0.2%● 0.0% vs 02-2025 04-2025: 0.2%▼ -1.8% vs 03-2025 05-2025: 0.2%▲ +5.0% vs 04-2025 06-2025: 0.2%▲ +0.9% vs 05-2025 07-2025: 0.3%▲ +28.2% vs 06-2025highest value 08-2025: 0.1%▼ -76.3% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▼ -4.2% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▼ -1.5% vs 03-2026lowest value 05-2026: 0.1%▲ +4.5% vs 04-2026 06-2026: 0.1%▲ +1.4% vs 05-2026 07-2026: 0.1%▲ +5.6% vs 06-2026 08-2026: 0.1%▲ +33.3% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Founded in 1949 lowers the probability for this profile
  • Size: turnover €310.4m, 285.9 FTE, total assets €93.2m, files consolidated accounts lowers the probability for this profile
  • Sector Manufacture of food products (NACE 10) raises the probability
  • Equity €54.6m (58.5% of total assets) lowers the probability
Credit up to €5,250,000 at 30 days acceptable
Liquidity ample (current ratio 2.36 against 2.11 in 2024; short-term debt: 39.3% and cash: 7.8% of total assets), and 41.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 10, large). Better than this share of them on solvency 80%, liquidity 69%, profitability 92%, growth against the median 60%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1949
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: turnover €310.4m, 285.9 FTE, total assets €93.2m, files consolidated accounts
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Manufacture of food products (NACE 10)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Equity €54.6m (58.5% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
30 d early
2024
9 d early
2023
2 d early
2022
31 d early
2021
33 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · 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. Usually files around 1 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · consolidated
  2. Annual accounts filedfiscal year 2025 · full…
  3. Highest result since 2018net €19.1m ▲65.6%

Key points

  • Positive: Employer in Ranstin the Checked rankings #1 View
  • Positive: Result rose in 2025from €11.5m to €19.1m ▲ 65.6% View
  • Positive: 5 years of growth in a rowturnover 2025: €310.4m 5 years View
  • Controlled by SACOM BVknown shareholders 100% 100% View
  • Active since 1949founded 28-03-1949 77 years View
  • Flemish supportawarded 2022 - 2025 €378,613 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Turnover
€310.4m
Profit
€19.1m
Solvency
58.5%
Turnover▲ 2.7%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2022
Next accounts
by 31-07-2027
  1. 02-07-2026Annual accounts filed
  2. 01-07-2026Annual accounts filed
  3. 31-12-2025Highest result since 2018
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of food productsNACE 10890
Founded
28-03-1949
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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