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 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PADECOR from Lievegem, company number BE0807091864, closed financial year 2025 with a result of € 8,640 after tax. For that financial year PADECOR recorded a gross margin of € 135,866 and equity of € 68,429. Compared with financial year 2024, the result moved from € 25,573 to € 8,640. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 68,429
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,640
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 19,464
▲ 22% 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 € 49,829.
People and assets in 2025
€ 75,334
▼ 6% 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.
€ 131,184
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 395,264
▲ 122% vs 2024
€ 63,059 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 15,512
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,051
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 117,863 | € 158,777 | € 179,679 | € 135,866 | ▼ 24% |
| Profit after taxes | € 13,968 | € 25,287 | € 25,573 | € 8,640 | ▼ 66% |
| Equity | € 24,929 | € 40,216 | € 59,789 | € 68,429 | ▲ 14% |
| Total debts | € 442,320 | € 316,881 | € 332,720 | € 423,982 | ▲ 27% |
| Cash | € 126,859 | € 89,711 | € 15,949 | € 19,464 | ▲ 22% |
| Retained profit | € 6,329 | € 21,616 | € 41,189 | € 49,829 | ▲ 21% |
| Dividend | € 0 | € 10,000 | € 6,000 | € 0 | ▼ 100% |
| Bank debt | € 159,866 | € 189,244 | € 178,158 | € 395,264 | ▲ 122% |
| Balance sheet total | € 467,249 | € 357,097 | € 392,509 | € 492,410 | ▲ 25% |
Key figures of PADECOR, 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 PADECOR?
What happened at PADECOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,640 (▼ 66% vs 2024). Source: NBB ↗
- Cindy Van Loo became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Lievegem. KBO
- Steven Pauwels became a director. NBB
In short
From € 13,968 profit in 2022 to € 8,640 profit in 2025.
Paid € 28,757 in corporate taxes since 2022.
Best year ever: 2024, with € 25,573 profit.
Paid out € 16,000 in dividends to the owners in total.
A new publication or filing at PADECOR? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PADECOR are Steven Pauwels and Cindy Van Loo.
Directors
According to the 2025 annual accounts
Steven Pauwels
Director
since 2008
Cindy Van Loo
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Haagstraat 1 box A000
9930 Lievegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0807.091.864
- VAT number
- BE 0807.091.864
- Registered office
- Haagstraat 1 bus A000, 9930 Lievegem
- Names & denominations
- PADECOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 2008
- Peppol
- Active · Active since 26 Mar 2024
- Contact
- padecor.be
- Activities · NACE
Schrijnwerk
Detailhandel in huishoudtextiel en beddengoed
Detailhandel in breigarens, handwerken en fournituren
Detailhandel in tapijten en andere vloerbedekking en wandbekleding
Detailhandel in overig textiel
Plaatsen van vloerbedekking en wandbekleding van hout