What does Paulenco do?

Paulenco is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 11 September 2018, 1 establishment.

What is the address of Paulenco?

The registered office of Paulenco is located at Sparrendreef 59, 8300 Knokke-Heist.

Is Paulenco still active?

Yes. According to the CBE (30 October 2026) Paulenco is active, legal situation “Normale toestand”, started on 11 September 2018.

Is Paulenco registered on Peppol?

Yes, Paulenco is registered on the Peppol network with ID 0208:0703899603.

What is the enterprise number of Paulenco?

The enterprise number of Paulenco is BE0703899603.

When was Paulenco founded?

Paulenco was founded on 11 September 2018.

Who are the directors of Paulenco?

According to the 2025 annual accounts, the directors of Paulenco are: Luc Cools.

Is Paulenco a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 September 2018; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Paulenco make in 2025?

Paulenco posted a profit after taxes of € 55,218 in financial year 2025.

What is the revenue of Paulenco?

As a small company, Paulenco is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 200,240.

How much does an employee at Paulenco earn?

The average wage cost per full-time employee at Paulenco was € 67,800 in 2025: staff costs of € 176,404 for 2.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Paulenco have?

According to the 2025 annual accounts, Paulenco has 2.6 full-time equivalents (FTE).

Paulenco (Private Limited) - Knokke-Heist - BE0703899603

Dossier Paulenco, printed on 30 October 2026 from databakkes.be/en/0703899603/paulenco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 23 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Paulenco from Knokke-Heist, company number BE0703899603, closed financial year 2025 with a result of € 55,218 after tax. For that financial year Paulenco recorded a gross margin of € 200,240 and equity of € 141,178. Compared with financial year 2024, the result moved from € 475,629 to € 55,218. The company is profitable. The buffer shrank hard: equity is 94 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Shrank hard

€ 141,178

▼ 94% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 55,218

▼ 88% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 171,618

▼ 44% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 2.4 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

2.6

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 176,404

▲ 13% vs 2024

€ 67,800 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.

Vehicles and equipment

€ 345,999

▲ 63% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.2 million

▲ € 1.2 million vs 2024

€ 154,177 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 183,739

▲ € 167,804 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 217,758

▲ 104% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 428,480 Gross margin 2022: € 428,480 First fiscal year in the series	€ 1,004,098 Gross margin 2023: € 1,004,098 ▲ 134% vs 2022 (€ 428,480) Favourable step	€ 778,960 Gross margin 2024: € 778,960 ▼ 22% vs 2023 (€ 1,004,098) Unfavourable step	€ 200,240 Gross margin 2025: € 200,240 ▼ 74% vs 2024 (€ 778,960) Unfavourable step	▼ 74%
Profit after taxes	€ 464,115 Profit after taxes 2022: € 464,115 First fiscal year in the series	€ 718,829 Profit after taxes 2023: € 718,829 ▲ 55% vs 2022 (€ 464,115) Favourable step	€ 475,629 Profit after taxes 2024: € 475,629 ▼ 34% vs 2023 (€ 718,829) Unfavourable step	€ 55,218 Profit after taxes 2025: € 55,218 ▼ 88% vs 2024 (€ 475,629) Unfavourable step	▼ 88%
Equity	€ 1,273,801 Equity 2022: € 1,273,801 First fiscal year in the series	€ 1,992,630 Equity 2023: € 1,992,630 ▲ 56% vs 2022 (€ 1,273,801) Favourable step	€ 2,468,259 Equity 2024: € 2,468,259 ▲ 24% vs 2023 (€ 1,992,630) Favourable step	€ 141,178 Equity 2025: € 141,178 ▼ 94% vs 2024 (€ 2,468,259) Unfavourable step	▼ 94%
Total debts	€ 1,242,853 Total debts 2022: € 1,242,853 First fiscal year in the series	€ 1,234,301 Total debts 2023: € 1,234,301 ▼ 1% vs 2022 (€ 1,242,853) Favourable step	€ 194,829 Total debts 2024: € 194,829 ▼ 84% vs 2023 (€ 1,234,301) Favourable step	€ 2,652,269 Total debts 2025: € 2,652,269 ▲ € 2.5 million vs 2024 (€ 194,829) Unfavourable step	▲ € 2.5 million
Cash	€ 1,171,002 Cash 2022: € 1,171,002 First fiscal year in the series	€ 222,159 Cash 2023: € 222,159 ▼ 81% vs 2022 (€ 1,171,002) Unfavourable step	€ 306,270 Cash 2024: € 306,270 ▲ 38% vs 2023 (€ 222,159) Favourable step	€ 171,618 Cash 2025: € 171,618 ▼ 44% vs 2024 (€ 306,270) Unfavourable step	▼ 44%
Land & buildings	-	-	-	€ 1,367,327 Land & buildings 2025: € 1,367,327 First fiscal year in the series
Retained profit	€ 1,255,201 Retained profit 2022: € 1,255,201 First fiscal year in the series	€ 1,974,030 Retained profit 2023: € 1,974,030 ▲ 57% vs 2022 (€ 1,255,201) Favourable step	€ 2,449,659 Retained profit 2024: € 2,449,659 ▲ 24% vs 2023 (€ 1,974,030) Favourable step	€ 122,578 Retained profit 2025: € 122,578 ▼ 95% vs 2024 (€ 2,449,659) Unfavourable step	▼ 95%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 2,382,299 Dividend 2025: € 2,382,299 Unchanged (€ 0) Unchanged
Bank debt	€ 119,612 Bank debt 2022: € 119,612 First fiscal year in the series	€ 96,138 Bank debt 2023: € 96,138 ▼ 20% vs 2022 (€ 119,612) Favourable step	€ 72,142 Bank debt 2024: € 72,142 ▼ 25% vs 2023 (€ 96,138) Favourable step	€ 1,245,857 Bank debt 2025: € 1,245,857 ▲ € 1.2 million vs 2024 (€ 72,142) Unfavourable step	▲ € 1.2 million
Balance sheet total	€ 2,516,653 Balance sheet total 2022: € 2,516,653 First fiscal year in the series	€ 3,226,931 Balance sheet total 2023: € 3,226,931 ▲ 28% vs 2022 (€ 2,516,653) Unchanged	€ 2,663,088 Balance sheet total 2024: € 2,663,088 ▼ 17% vs 2023 (€ 3,226,931) Unchanged	€ 2,793,446 Balance sheet total 2025: € 2,793,446 ▲ 5% vs 2024 (€ 2,663,088) Unchanged	▲ 5%
Employees (FTE)	-	-	-	2.6 Employees (FTE) 2025: 2.6 First fiscal year in the series

Key figures of Paulenco, 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 Paulenco?

What happened at Paulenco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2025: profit of € 55,218 (▼ 88% vs 2024). filed late Source: NBB ↗
2023 Luc Cools became a director. NBB
Sep 11, 2018 New establishment in Knokke-Heist. KBO
Sep 11, 2018 Start of the company according to the CBE. KBO

In short

From € 464,115 profit in 2022 to € 55,218 profit in 2025.

Paid € 370,869 in corporate taxes since 2022.

Best year ever: 2023, with € 718,829 profit.

On average € 77,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Luc Cools

Paulenco

Zimmer Staal

RCP-JJJS

Staal Bewerking Zimmer

Behind Paulenco is Luc Cools. Luc Cools is also behind Zimmer Staal, RCP-JJJS, Staal Bewerking Zimmer, CE-Invest and ZILVEREN KNOOP.

Directors

According to the 2025 annual accounts

Luc Cools

Director

Also active at: Zimmer Staal, RCP-JJJS, Staal Bewerking Zimmer, CE-Invest, ZILVEREN KNOOP

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Sparrendreef 59

8300 Knokke-Heist

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0703.899.603

VAT number

BE 0703.899.603

Registered office

Sparrendreef 59, 8300 Knokke-Heist

Names & denominations

Paulenco

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 September 2018

Peppol

Active · Active since 8 Dec 2025

Activities · NACE

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

Paulenco

Warning lights

Financials

What happened to Paulenco?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions