Pauwels Makeover
ActiveThe computed 12-month bankruptcy probability of Pauwels Makeover is 2.8% (moderate). The 2025 annual accounts show negative equity (€-156k) and a net result of €-125k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 7431 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
20
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▼-2
Solvency7▼-14
Growth32=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.84 against 0.91 in 2024; short-term debt: 116.7% and cash: 11.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-17.7%
Return on assets
-14.2%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-156k
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 27-01-2026, 4 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
4 d early
2024
8 d early
2023
40 d early
2022
1 d early
2021
3 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 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-156k▼ 409%
2024 · €-31k
2021: €50k
2022: €55k
2023: €61k
2024: €-31k
2021 → 2025
Total assets
€878k▲ 18.8%
2024 · €739k
2021: €495k
2022: €1.07M
2023: €1.41M
2024: €739k
2021 → 2025
Net result
€-125k▼ 36.6%
2024 · €-92k
2021: €45k
2022: €5k
2023: €6k
2024: €-92k
2021 → 2025
Working capital
€-164k▼ 149%
2024 · €-66k
2021: €25k
2022: €30k
2023: €27k
2024: €-66k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€55k▲ 11.0%€61k▲ 10.4%€-31k€-156k▼ 409%
Operating result€64k-€19k▼ 70.9%€28k▲ 47.7%€-62k€-98k▼ 58.8%
Net result€45k-€5k▼ 87.7%€6k▲ 5.3%€-92k€-125k▼ 36.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €98k in 2025 against €62k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €878k
Fixed assets
€17k▼ 65.4%
Current assets
€861k▲ 25.0%
Key figures and ratios
EBITDA
€-90k▼
2024 · €-54k
Cash flow
€-117k▼
2024 · €-84k
Solvency
-17.7%▼
2024 · -4.1%
Current ratio
0.84▼
2024 · 0.91
Quick ratio
0.44▲
2024 · 0.08
Debt / equity
-6.65▲
2024 · -25.20
ROA
-14.2%▼
2024 · -12.4%
Interest coverage
-3.28▼
2024 · -1.99
Debt
€1.03M▲
2024 · €770k
Debt ≤ 1 year
€1.03M▲
2024 · €755k
Debt > 1 year
€9k▼
2024 · €15k
Income taxes
€143▲
2024 · €-56
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€739k€878k▲
Fixed assets21/28€50k€17k▼
Tangible fixed assets22/27€25k€17k▼
Furniture and vehicles24€25k€17k▼
Financial fixed assets28€25k-
Current assets29/58€689k€861k▲
Stocks and contracts in progress3€630k€408k▼
Stocks30/36€630k€408k▼
Amounts receivable within one year40/41€16k€352k▲
Trade receivables40€16k€329k▲
Other amounts receivable41-€23k
Cash at bank and in hand54/58€42k€99k▲
Deferred charges and accrued income490/1€717€1k▲
Equity and liabilities
Total equity and liabilities10/49€739k€878k▲
Equity10/15€-31k€-156k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-36k€-161k▼
Amounts payable17/49€770k€1.03M▲
Amounts payable after more than one year17€15k€9k▼
Financial debts170/4€15k€9k▼
Amounts payable within one year42/48€755k€1.03M▲
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43€694k€755k▲
Credit institutions430/8€694k€755k▲
Trade debts44€11k€262k▲
Suppliers440/4€11k€262k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€43k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€2k€945▼
Gross operating margin9900€-52k€-89k▼
Operating profit (loss)9901€-62k€-98k▼
Financial income75/76B€11€407▲
Recurring financial income75€11€407▲
Financial charges65/66B€30k€27k▼
Recurring financial charges65€27k€27k▲
Non-recurring financial charges66B€3k-
Profit (loss) for the period before taxes9903€-92k€-125k▼
Income taxes67/77€-56€143▲
Profit (loss) for the period9904€-92k€-125k▼
Profit (loss) for the period to be appropriated9905€-92k€-125k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-161k▼
Profit (loss) brought forward from the previous period14P€56k€-36k▼
The notes to these accounts (6 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
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-125k
Net result drops to €-125k, the lowest in the series.
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-12-2025
Resigned as Director
Location & real-estate footprint
Registered office, Wijnegem · 1 establishment unit since 2020
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.
Koolsveldlaan 1472110 WijnegemGround area
457 m²
Building footprint
77 m²
Volume, LiDAR
446 m³
Parcel 11050B0028/00W013, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pauwels Makeover
since 20202.305.337.038
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0028/00W013 | Flanders | 457 m² | 1 · 77 m² | 7.5 m · 2 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
DEMEULENAERE MARC
BE 0479.834.353
Roeselare · Eq €61k
LAMAR CONSTRUCT
BE 0788.447.276
Kortrijk · Eq €61k
VDH HABITAT
BE 0899.889.586
Les Bons Villers · Eq €61k
Centraal
BE 0783.284.403
Antwerpen · Eq €61k
VDVL
BE 0769.775.172
Rijkevorsel · Eq €61k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 13,185 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-07-2020
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43341Painting of buildings
43350Other building finishing work
74104Other professional, scientific and technical activities
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.