PAUWELS
ActivePAUWELS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €338k and a net result of €38k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 73% of 7971 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+33
Solvency93▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.23 against 2.99 in 2024; short-term debt: 29.8% and cash: 13.3% of total assets), and 32.1% 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+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
67.9%
Return on assets
7.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
67 d early
2023
44 d early
2022
49 d early
2021
47 d early
2020
53 d early
2019
64 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€338k▲ 12.7%
2024 · €299k
2019: €150k
2020: €176k
2021: €220k
2022: €244k
2023: €280k
2024: €299k
2019 → 2025
Total assets
€497k▲ 6.8%
2024 · €465k
2019: €437k
2020: €453k
2021: €420k
2022: €430k
2023: €464k
2024: €465k
2019 → 2025
Net result
€38k▲ 95.5%
2024 · €19k
2019: €10k
2020: €26k
2021: €44k
2022: €24k
2023: €36k
2024: €19k
2019 → 2025
Working capital
€330k▲ 13.6%
2024 · €290k
2019: €250k
2020: €276k
2021: €224k
2022: €246k
2023: €275k
2024: €290k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€220k-€244k▲ 10.7%€280k▲ 15.0%€299k▲ 7.0%€338k▲ 12.7%
Operating result€68k-€41k▼ 38.8%€57k▲ 38.6%€40k▼ 30.2%€60k▲ 49.0%
Net result€44k-€24k▼ 45.9%€36k▲ 54.9%€19k▼ 46.6%€38k▲ 95.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €497k
Fixed assets
€19k▼ 35.5%
Current assets
€478k▲ 9.7%
Equity and liabilities €497k
Equity
€338k▲ 12.7%
Debt
€160k▼ 3.8%
The debt ratio falls from 35.6% to 32.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€70k▲
2024 · €51k
Cash flow
€48k▲
2024 · €30k
Solvency
67.9%▲
2024 · 64.4%
Current ratio
3.23▲
2024 · 2.99
Quick ratio
2.28▼
2024 · 2.49
Debt / equity
0.47▼
2024 · 0.55
ROE
11.3%▲
2024 · 6.5%
ROA
7.7%▲
2024 · 4.2%
Interest coverage
6.37▲
2024 · 2.56
Debt
€160k▼
2024 · €166k
Debt ≤ 1 year
€148k▲
2024 · €146k
Debt > 1 year
€11k▼
2024 · €20k
Income taxes
€16k▲
2024 · €8k
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€465k€497k▲
Fixed assets21/28€29k€19k▼
Tangible fixed assets22/27€29k€19k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€938€189▼
Leasing and similar rights25€25k€17k▼
Other tangible fixed assets26€842€223▼
Current assets29/58€436k€478k▲
Stocks and contracts in progress3€74k€140k▲
Stocks30/36€74k€140k▲
Amounts receivable within one year40/41€296k€272k▼
Trade receivables40€83k€58k▼
Other amounts receivable41€213k€214k▲
Cash at bank and in hand54/58€66k€66k▼
Equity and liabilities
Total equity and liabilities10/49€465k€497k▲
Equity10/15€299k€338k▲
Contributions10/11€19k€19k=
Reserves13€281k€319k▲
Distributable reserves133€281k€319k▲
Amounts payable17/49€166k€160k▼
Amounts payable after more than one year17€20k€11k▼
Financial debts170/4€20k€11k▼
Amounts payable within one year42/48€146k€148k▲
Current portion of amounts payable after more than one year42€17k€13k▼
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€61k€17k▼
Suppliers440/4€61k€17k▼
Taxes, remuneration and social security45€9k€12k▲
Taxes450/3€9k€12k▲
Other amounts payable47/48€8k€56k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€52k€76k▲
Operating profit (loss)9901€40k€60k▲
Financial income75/76B€8k€6k▼
Recurring financial income75€8k€6k▼
Financial charges65/66B€20k€11k▼
Recurring financial charges65€20k€11k▼
Profit (loss) for the period before taxes9903€28k€54k▲
Income taxes67/77€8k€16k▲
Profit (loss) for the period9904€19k€38k▲
Profit (loss) for the period to be appropriated9905€19k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€38k▲
Transfer to equity691/2€19k€38k▲
To other reserves6921€19k€38k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
25-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Highest result since 2019net €44k ▲64.8%
Operating result €68k, net result €44k, both a record.
30-06
Financial
Equity above €200kEq €220k ▲24.7%
3 profitable years in a row build equity to €220k.
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Equity above €150kEq €176k ▲17.6%
2 profitable years in a row build equity to €176k.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
06-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
16-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Hasselt · 1 establishment unit since 1993
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.
Simpernelstraat 15A3511 HasseltGround area
7,771 m²
Building footprint
1,403 m²
Volume, LiDAR
769 m³
Parcel 71032B0680/00B000, Flanders · tallest building 13.3 m. Linked by address, not a title deed.
1 establishment unit
PAUWELS
since 19932.062.528.222
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71032B0680/00B000 | Flanders | 7,771 m² | 1 · 1,403 m² | 13.3 m |
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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GEM EUROPE
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LIPIKO
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ELPO - CUISINEX G.H.G.
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PROTEL
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Of 828 companies in sector 46620 we hold annual accounts for 642. 511 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-1993
Fiscal year end30-06
Activities, NACEBEL
46620Wholesale of machine tools
Sources
Crossroads Bank for EnterprisesNational Bank · 32 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.