Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Paula from Brugge, company number BE0824450411, closed financial year 2025 with a result of € -9,018 after tax. For that financial year Paula recorded a gross margin of € 54,768 and equity of € 195,007. Compared with financial year 2024, the result moved from € -61,078 to € -9,018. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 195,007
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,018
▲ 85 % less loss than in 2024
Profit after tax over the fiscal year.
€ 560
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 182,607.
Debts at end 2025
€ 1.1 million
▼ 12% vs 2024
€ 147,741 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 583
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,064 | € 65,879 | € 50,808 | € 54,768 | ▲ 8% |
| Profit after taxes | € -32,034 | € -6,076 | € -61,078 | € -9,018 | ▲ € 52,060 |
| Equity | € 271,178 | € 265,103 | € 204,025 | € 195,007 | ▼ 4% |
| Total debts | € 1,594,045 | € 1,468,042 | € 1,363,812 | € 1,286,302 | ▼ 6% |
| Cash | € 0 | - | € 6,289 | € 560 | ▼ 91% |
| Land & buildings | € 1,485,577 | € 1,444,973 | € 1,404,369 | € 1,363,765 | ▼ 3% |
| Retained profit | € 258,778 | € 252,703 | € 191,625 | € 182,607 | ▼ 5% |
| Bank debt | € 1,560,000 | € 1,412,350 | € 1,261,517 | € 1,112,221 | ▼ 12% |
| Balance sheet total | € 1,865,224 | € 1,733,145 | € 1,567,837 | € 1,481,309 | ▼ 6% |
Key figures of Paula, 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 Paula?
What happened at Paula in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,018. Source: NBB ↗
- Xavier Vanneste became a director. NBB
- Anne Vanneste became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,034 loss in 2022 to € 9,018 loss in 2025.
Paid € 869 in corporate taxes since 2022.
Management
Behind Paula are Xavier Vanneste and Anne Vanneste. The same people are also behind Axessa and VITRUVIAN GROUND. Xavier Vanneste is also behind UNIE-K, WULVENNEST and Xavier Vanneste. Anne Vanneste is also behind Anne Vanneste and Vitruvian House.
Directors
According to the 2025 annual accounts
Xavier Vanneste
Director
Also active at: UNIE-K, WULVENNEST, Axessa, VITRUVIAN GROUND, Xavier Vanneste
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Walplein 26
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →WULVENNEST same network
€ 63,409 gross margin · 2025
VERONIQUE MAES EN CIE
€ 168,207 gross margin · 2025
Axessa same network
€ 1.3 million gross margin · 2025
H.M. Group
€ 266,336 gross margin · 2025
BROUWERIJ DE HALVE MAAN
€ 20.4 million revenue · 2025
+2 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
- 0824.450.411
- VAT number
- BE 0824.450.411
- Registered office
- Walplein 26, 8000 Brugge
- Names & denominations
- Paula
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2010
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering