Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Etablissements Joseph Paulus from Welkenraedt, company number BE0405685870, closed financial year 2025 with a result of € -4,136 after tax. For that financial year Etablissements Joseph Paulus recorded a gross margin of € 157,744 and equity of € 235,276. Compared with financial year 2024, the result moved from € -7,637 to € -4,136. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 235,276
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,136
▲ 46 % less loss than in 2024
Profit after tax over the fiscal year.
€ 66,197
▲ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -340,759.
People and assets in 2025
€ 146,477
▼ 16% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 13,399
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,793
▼ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 161,998 | € 181,487 | € 182,331 | € 157,744 | ▼ 13% |
| Profit after taxes | € 5,484 | € 2,049 | € -7,637 | € -4,136 | ▲ € 3,501 |
| Equity | € 245,001 | € 247,050 | € 239,412 | € 235,276 | ▼ 2% |
| Total debts | € 53,399 | € 38,617 | € 38,798 | € 32,859 | ▼ 15% |
| Cash | € 60,410 | € 37,408 | € 45,408 | € 66,197 | ▲ 46% |
| Land & buildings | € 100,364 | € 98,234 | € 97,697 | € 97,697 | |
| Retained profit | € -331,034 | € -328,985 | € -336,622 | € -340,759 | ▼ € 4,137 |
| Balance sheet total | € 298,399 | € 285,667 | € 278,211 | € 268,135 | ▼ 4% |
Key figures of Etablissements Joseph Paulus, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Etablissements Joseph Paulus?
What happened at Etablissements Joseph Paulus in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,137. Source: NBB ↗
- FREDERIQUE GERON became a director. NBB
- PAUL GERON became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Welkenraedt. KBO
In short
From € 5,484 profit in 2022 to € 4,137 loss in 2025.
Paid € 668 in corporate taxes since 2022.
Best year ever: 2022, with € 5,484 profit.
Management
Behind Etablissements Joseph Paulus are FREDERIQUE GERON and PAUL GERON. PAUL GERON is also behind FERRARA ET FILS and LevUp engineering.
Directors
According to the 2025 annual accounts
FREDERIQUE GERON
Director
since 2026
since 2026
Establishments
Establishment units
Physical locations of this company
Rue Léon Crosset 53
4841 Welkenraedt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.685.870
- VAT number
- BE 0405.685.870
- Registered office
- Rue Léon Crosset 53, 4841 Welkenraedt
- Names & denominations
- Etablissements Joseph Paulus
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
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