Financials
Financial year 2025
PAUWELS GLASSPROJECTS from Ninove, company number BE0807289725, closed financial year 2025 with a result of € 30,463 after tax. For that financial year PAUWELS GLASSPROJECTS recorded a gross margin of € 389,960 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 126,486 to € 30,463. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 1.2 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,463
▼ 76% vs 2024
Profit after tax over the fiscal year.
€ 281,091
▲ € 258,391 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 € 1.1 million.
People and assets in 2025
4
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 363,262
▲ 4% vs 2024
€ 90,800 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.
€ 7,855
▲ 91% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 764,861
▲ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 79,192
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 422,594 | € 348,791 | € 532,272 | € 389,960 | ▼ 27% |
| Profit after taxes | € 97,287 | € 11,643 | € 126,486 | € 30,463 | ▼ 76% |
| Equity | € 1,032,499 | € 1,044,142 | € 1,170,628 | € 1,201,091 | ▲ 3% |
| Total debts | € 845,902 | € 1,177,541 | € 1,022,634 | € 1,090,576 | ▲ 7% |
| Cash | € 294,466 | € 1,010,362 | € 22,701 | € 281,091 | ▲ € 258,391 |
| Retained profit | € 957,499 | € 969,142 | € 1,095,628 | € 1,126,091 | ▲ 3% |
| Balance sheet total | € 1,878,401 | € 2,221,683 | € 2,193,261 | € 2,291,667 | ▲ 4% |
| Employees (FTE) | 4 | 4.1 | 3.8 | 4 | ▲ 0.2 |
Key figures of PAUWELS GLASSPROJECTS, 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 GLASSPROJECTS?
What happened at PAUWELS GLASSPROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Algim stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 30,463 (▼ 76% vs 2024). Source: NBB ↗
- Algim became a director. NBB
- Falcon Fund Management became a director. NBB
- BFF Glass became a director. NBB
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 97,287 profit in 2022 to € 30,463 profit in 2025.
Paid € 84,084 in corporate taxes since 2022.
Best year ever: 2024, with € 126,486 profit.
On average € 97,500 of value added per employee in 2025.
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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
The stake of PAUWELS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PAUWELS GLASSPROJECTSBehind PAUWELS GLASSPROJECTS are Falcon Fund Management and BFF Glass. The shares are held by PAUWELS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Thomas De Duytsche
Also active at: J.L. Hertsens, PAUWELS, Day By Day Courier Service, ON TIME SOLUTIONS, Pauwels Construct, JACRIMAR, M.Ex.T. BELGIUM, G & G CONSTRUCT +31 more
since 2016
Director · represented by Koen Perdu
Also active at: PAUWELS, Pauwels Construct, G & G CONSTRUCT, VIERKANTE METERS
since 2016
Managing director · represented by Fauquette Charles
Also active at: PAUWELS, Pauwels Construct, G & G CONSTRUCT, BFF GLASS
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ten Beukeboom(App) 11
9400 Ninove
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.
Details
- Company number
- 0807.289.725
- VAT number
- BE 0807.289.725
- Registered office
- Ten Beukeboom(App) 11, 9400 Ninove
- Names & denominations
- PAUWELS GLASSPROJECTS · GLASSPROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 2008
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Schrijnwerk
Installatie van isolatie
Glaszetten
Isolatiewerkzaamheden