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Pauwken

Active
Private limited companyfounded 20242 yrs activePaardendries 31, 9300 Aalst, BelgiumKBO/BCE: BE 1012.467.687
Summary

The computed 12-month bankruptcy probability of Pauwken is 3.1% (moderate). The 2025 annual accounts show equity of €1,797 and a net result of -€203. Its solvency ranks better than 14% of 4564 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability68
Solvency27
Growth-
Track record67
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
2.4%
Return on assets
-0.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 4564 sector peers (2025).
NBB · sector comparison
Position among 4564 sector peers
Solvency
better than 14%
← weakest strongest →
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 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
28 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 13 August 2024, Pauwken was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€1,797
Total assets
€74,971
Net result
-€203
Working capital
-€21,846

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €74,971
Fixed assets €23,643
Current assets €51,328
Equity and liabilities €74,971
Equity €1,797
Debt €73,175
Debt finances 97.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€3,643
Cash flow
€3,510
Current ratio
0.70
Debt to equity
40.73
ROE
-11.3%
ROA
-0.3%
Interest coverage
37.18
Debt ≤ 1 year
€73,175
Income taxes
€36

Peer companies

Historical observation

Of the 1,304 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.2% went bankrupt
1.6% stopped otherwise
92% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€74,971
Fixed assets21/28€23,643
Tangible fixed assets22/27€23,643
Plant, machinery and equipment23€23,643
Current assets29/58€51,328
Amounts receivable within one year40/41€14,285
Trade receivables40€14,285
Cash at bank and in hand54/58€36,826
Deferred charges and accrued income490/1€217
Equity and liabilities
Total equity and liabilities10/49€74,971
Equity10/15€1,797
Contributions10/11€2,000
Profit (loss) carried forward14-€203
Amounts payable17/49€73,175
Amounts payable within one year42/48€73,175
Trade debts44€6,042
Suppliers440/4€6,042
Taxes, remuneration and social security45€5,565
Taxes450/3€5,565
Other amounts payable47/48€61,568
Income statement Code2025
Non-recurring operating income76A€3,404
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,713
Other operating charges640/8€674
Gross operating margin9900€4,318
Operating profit (loss)9901-€70
Financial charges65/66B€98
Recurring financial charges65€98
Profit (loss) for the period before taxes9903-€168
Income taxes67/77€36
Profit (loss) for the period9904-€203
Profit (loss) for the period to be appropriated9905-€203
Appropriation of the result
Profit (loss) to be appropriated9906-€203

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Non-recurring operating income76A€3,404
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,713
Other operating charges640/8€674
Gross operating margin9900€4,318
Operating profit (loss)9901-€70
Financial charges65/66B€98
Recurring financial charges65€98
Profit (loss) for the period before taxes9903-€168
Income taxes67/77€36
Profit (loss) for the period9904-€203
Profit (loss) for the period to be appropriated9905-€203
Line2025
Assets
Total assets20/58€74,971
Fixed assets21/28€23,643
Tangible fixed assets22/27€23,643
Plant, machinery and equipment23€23,643
Current assets29/58€51,328
Amounts receivable within one year40/41€14,285
Trade receivables40€14,285
Cash at bank and in hand54/58€36,826
Deferred charges and accrued income490/1€217
Equity and liabilities
Total equity and liabilities10/49€74,971
Equity10/15€1,797
Contributions10/11€2,000
Profit (loss) carried forward14-€203
Amounts payable17/49€73,175
Amounts payable within one year42/48€73,175
Trade debts44€6,042
Suppliers440/4€6,042
Taxes, remuneration and social security45€5,565
Taxes450/3€5,565
Other amounts payable47/48€61,568
Line2025
Profit (loss) for the period9904-€203
+ Depreciation and write-downs630€3,713
Operating cash flow (approximation)€3,510

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Aalst · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
3,912 m²
Building footprint
173 m²
Volume, LiDAR
1,097 m³
Parcel 41303E0334/00H000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PAUWKEN
Paardendries 31, 9300 AalstRetail sale of pets, pet food and pet supplies
since 20242.362.699.769
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41303E0334/00H000 Flanders 3,912 m² 1 · 172 m² 9.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 21,225 companies in sector 81300 we hold annual accounts for 4,369. 781 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
01480Raising of other animals
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012467687
Also 9925:BE1012467687
Registered 18-06-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.