Tack-Pauwelyn
ActiveTack-Pauwelyn has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €527k and a net result of €63k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 32% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74=
Solvency58▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.58 against 1.49 in 2024; short-term debt: 3.3% and cash: 6.5% of total assets), but 66.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.2%
Return on assets
4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
28 d late
2022
31 d late
2021
30 d late
2020
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€527k▲ 13.7%
2024 · €464k
2020: €265k
2021: €389k
2022: €253k
2023: €410k
2024: €464k
2020 → 2025
Total assets
€1.58M▲ 34.8%
2024 · €1.18M
2020: €1.31M
2021: €1.42M
2022: €1.43M
2023: €1.29M
2024: €1.18M
2020 → 2025
Net result
€63k▲ 18.8%
2024 · €53k
2020: €215k
2021: €124k
2022: €-137k
2023: €158k
2024: €53k
2020 → 2025
Working capital
€84k▲ 255%
2024 · €24k
2020: €1.07M
2021: €472k
2022: €21k
2023: €117k
2024: €24k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€389k-€253k▼ 35.1%€410k▲ 62.4%€464k▲ 13.0%€527k▲ 13.7%
Operating result€182k-€-125k€179k€83k▼ 53.6%€96k▲ 15.1%
Net result€124k-€-137k€158k€53k▼ 66.2%€63k▲ 18.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.58M
Fixed assets
€1.45M▲ 31.2%
Current assets
€137k▲ 89.3%
Equity and liabilities €1.58M
Equity
€527k▲ 13.7%
Debt
€1.06M▲ 48.5%
The debt ratio rises from 60.6% to 66.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€117k▲
2024 · €104k
Cash flow
€85k▲
2024 · €74k
Solvency
33.2%▼
2024 · 39.4%
Current ratio
2.58▲
2024 · 1.49
Quick ratio
2.58▲
2024 · 1.49
Debt / equity
2.01▲
2024 · 1.54
ROE
12.0%▲
2024 · 11.5%
ROA
4.0%▼
2024 · 4.5%
Interest coverage
11.20▲
2024 · 9.19
Debt
€1.06M▲
2024 · €712k
Debt ≤ 1 year
€53k▲
2024 · €49k
Debt > 1 year
€1.00M▲
2024 · €661k
Income taxes
€22k▲
2024 · €19k
Staff costs
€41k▼
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.18M€1.58M▲
Fixed assets21/28€1.10M€1.45M▲
Tangible fixed assets22/27€1.10M€1.45M▲
Land and buildings22€1.10M€1.44M▲
Plant, machinery and equipment23-€3k
Financial fixed assets28€2k€2k=
Current assets29/58€72k€137k▲
Amounts receivable within one year40/41€29k€31k▲
Trade receivables40€18k€17k▼
Other amounts receivable41€11k€14k▲
Cash at bank and in hand54/58€39k€103k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.18M€1.58M▲
Equity10/15€464k€527k▲
Contributions10/11€50k€50k=
Reserves13€410k€477k▲
Distributable reserves133€410k€477k▲
Profit (loss) carried forward14€4k€0▼
Amounts payable17/49€712k€1.06M▲
Amounts payable after more than one year17€661k€1.00M▲
Financial debts170/4€661k€1.00M▲
Amounts payable within one year42/48€49k€53k▲
Current portion of amounts payable after more than one year42€19k€20k▲
Trade debts44€323€3k▲
Suppliers440/4€323€3k▲
Taxes, remuneration and social security45€25k€26k▲
Taxes450/3€20k€21k▲
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€4k€4k▼
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€44k€41k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▲
Other operating charges640/8€17k€29k▲
Gross operating margin9900€165k€187k▲
Operating profit (loss)9901€83k€96k▲
Financial income75/76B€379€2▼
Recurring financial income75€379€2▼
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€72k€85k▲
Income taxes67/77€19k€22k▲
Profit (loss) for the period9904€53k€63k▲
Profit (loss) for the period to be appropriated9905€53k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€67k▲
Profit (loss) brought forward from the previous period14P€177€4k▲
Transfer to equity691/2€50k€67k▲
To other reserves6921€50k€67k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Equity above €500kEq €527k ▲13.7%
3 profitable years in a row build equity to €527k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial
Back to profitnet €158k
Net result €158k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.54
Current ratio from 1.27 to 3.54; short-term debt falls from €76k to €46k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-137k ▼210%
Net result drops to €-137k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Gillis-Waas · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gentstraat(SP) 1159170 Sint-Gillis-WaasGround area
3,903 m²
Building footprint
168 m²
Volume, LiDAR
1,285 m³
Parcel 46022B0521/00G000, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Onyx Construct, Onyx Consult
since 20192.291.303.712
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46022B0521/00G000 | Flanders | 3,903 m² | 1 · 168 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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ST MANAGEMENT
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EURO - INVEST
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,562. 34,214 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:pauwelyntack@gmail.com