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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
PAUWELS-BILS from Tielt, company number BE0428852242, closed financial year 2025 with a result of € 145,610 after tax. For that financial year PAUWELS-BILS recorded a gross margin of € 243,018 and equity of € -12,447. Compared with financial year 2024, the result moved from € 220,989 to € 145,610. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ -12,447
▲ € 145,610 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 145,610
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 166,083
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -446,260.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 53,805
▲ 3% vs 2024
€ 26,900 per full-time equivalent. 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
€ 292,500
▼ 18% vs 2024
€ 70,417 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 115
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,016
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 70,068 | € 138,067 | € 334,381 | € 243,018 | ▼ 27% |
| Profit after taxes | € -414,735 | € -33,972 | € 220,989 | € 145,610 | ▼ 34% |
| Equity | € -345,074 | € -379,046 | € -158,057 | € -12,447 | ▲ € 145,610 |
| Total debts | € 841,098 | € 854,029 | € 389,108 | € 309,061 | ▼ 21% |
| Cash | € 45,099 | € 127,748 | € 132,800 | € 166,083 | ▲ 25% |
| Land & buildings | € 148,694 | € 132,423 | € 44,348 | € 41,488 | ▼ 6% |
| Retained profit | € -778,888 | € -812,859 | € -591,870 | € -446,260 | ▲ € 145,610 |
| Bank debt | € 800,000 | € 800,000 | € 357,500 | € 292,500 | ▼ 18% |
| Balance sheet total | € 496,024 | € 474,983 | € 231,051 | € 296,614 | ▲ 28% |
| Employees (FTE) | 2 | 2 | 2 | 2 |
Key figures of PAUWELS-BILS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PAUWELS-BILS?
What happened at PAUWELS-BILS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Padelca BV stepped down as director. NBB
- Padu NV stepped down as director. NBB
- Annick De Leersnyder stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 145,610 (▼ 34% vs 2024). Source: NBB ↗
- Padelca BV became a director. NBB
- Padu NV became a director. NBB
- Annick De Leersnyder became a director. NBB
- New establishment in Tielt. KBO
In short
From € 414,735 loss in 2022 to € 145,610 profit in 2025.
Best year ever: 2024, with € 220,989 profit.
On average € 121,500 of value added per employee in 2025.
Management
The stake of GECA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PAUWELS-BILSThe shares are held by GECA (34.3%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Shareholders
34.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gentstraat 218
8760 Tielt
Vossekotstraat 46
8760 Tielt
Active since 10 June 1986
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.852.242
- VAT number
- BE 0428.852.242
- Registered office
- Gentstraat 218, 8760 Tielt
- Names & denominations
- PAUWELS-BILS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 1986
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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Fokvarkenshouderijen
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