Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 471.2 to 386.2.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PAUWELS CONSULTING from Machelen (Brab.), company number BE0466878816, closed financial year 2025 with a result of € 4.5 million after tax. For that financial year PAUWELS CONSULTING recorded revenue of € 89.2 million and equity of € 22.3 million. Compared with financial year 2024, the result moved from € 4.7 million to € 4.5 million. The company is profitable. 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 June 22, 2026.
€ 22.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.5 million
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 127,013
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.5 million paid out
100 % of the profit went to the shareholders, mostly to Pyramid BV (100 % of the shares). That is where the money ends up.
People and assets in 2025
386.2
▼ 59.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 27.7 million
▼ 10% vs 2024
€ 71,800 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.
€ 553,288
▲ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.2 million
▼ 20% vs 2024
€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 10.2 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 66 days on average.
€ 7.2 million
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 80,327,794 | € 87,473,996 | € 84,262,054 | € 89,223,904 | ▲ 6% |
| Profit after taxes | € 4,960,041 | € 4,729,024 | € 4,711,754 | € 4,546,188 | ▼ 4% |
| Equity | € 17,586,000 | € 22,315,024 | € 22,315,024 | € 22,315,024 | |
| Total debts | € 22,721,391 | € 23,774,927 | € 26,996,345 | € 27,333,749 | ▲ 1% |
| Cash | € 5,478,358 | € 2,840,490 | € 4,782,386 | € 127,013 | ▼ 97% |
| Retained profit | € 17,416,000 | € 22,145,024 | € 22,145,024 | € 22,145,024 | |
| Dividend | € 0 | € 0 | € 4,711,754 | € 4,546,188 | ▼ 4% |
| Bank debt | € 9,190,931 | € 7,607,000 | € 6,483,000 | € 5,209,000 | ▼ 20% |
| Balance sheet total | € 40,387,391 | € 46,169,951 | € 49,331,369 | € 49,668,772 | ▲ 1% |
| Employees (FTE) | 466.9 | 471.2 | 445.3 | 386.2 | ▼ 59.1 |
Key figures of PAUWELS CONSULTING, 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 PAUWELS CONSULTING?
What happened at PAUWELS CONSULTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lencho BV stepped down as director. NBB
- Loe BV stepped down as director. NBB
- Pauwels Management BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.5 million (▼ 4% vs 2024). Source: NBB ↗
- Lencho BV became a director. NBB
- Loe BV became a director. NBB
- Pauwels Management BV became a director. NBB
- New establishment in Wavre. KBO
In short
From € 5 million profit in 2022 to € 4.5 million profit in 2025.
Paid € 8.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 5 million profit.
Paid out € 9.3 million in dividends to the owners in total.
Management
The shares are held by Pyramid BV (100%).
Directors
According to the 2025 annual accounts
since 2024 · until 2029
Director · represented by Thomas Eggermont
Also active at: ORMIT BELGIE, Pyramid, Science at Work Staffing België, Phoenix Holding
since 2023 · until 2029
Director · represented by Bert Pauwels
Also active at: MASSANA, GLOBAL EXPANSION, ORMIT BELGIE, Pyramid, Science at Work Staffing België, Phoenix Holding, MEDICAL PEOPLE, Pauwels Invest +1 more
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lambroekstraat 5 box A
1831 Machelen (Brab.)
Bellevue 5 box 1101
9050 Gent
Active since 31 December 2012
Posthoflei 1 box 3
2600 Antwerpen
Active since 1 April 2019
Avenue Pasteur 6
1300 Wavre
Active since 1 February 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →MASSANA same network
€ 146,008 gross margin · 2025
STMicroelectronics Belgium
€ 12 million revenue · 2024
BVBA gebeurtenissentechnieken - SPRL Techniques d'évenements
Pyramid same network
€ 6.1 million revenue · 2025
SQLI Belgium
€ 23.2 million revenue · 2025
+20 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.878.816
- VAT number
- BE 0466.878.816
- Registered office
- Lambroekstraat 5 bus A, 1831 Machelen (Brab.)
- Names & denominations
- PAUWELS CONSULTING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 1999
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computeradviesbureaus
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Arbeidsbemiddeling
Computerconsultancy-activiteiten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Groothandel in informatie- en communicatieapparatuur
+2