NORMAL SITUATION

HOLZINDUSTRIE PAULS

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Company — Normal situation.

Financial year 2025 · Closed on 31/12/2025

Net result2 M €-25,1 %over 1 year
Revenue38,2 M €+3,9 %over 1 year
Equity34 M €+4,9 %over 1 year
Workforce58,0 ETP+5,5 %over 1 year

Identity

Source · BCE/KBO

HOLZINDUSTRIE PAULS is a company registered in Belgium. It employs on average 58,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.004.488
Legal form
Public limited company
Contributed capital
2 480 000,00 €
Latest accounts
31/12/2025
Average workforce
58,0 ETP
Joint committees (3)
  • 125
  • 12502
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 37 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue38,2 M €36,7 M €41,1 M €47,3 M €31,3 M €
EBITDA8,5 M €9,2 M €14 M €17,3 M €10,8 M €
Operating result2,3 M €3,2 M €8,3 M €11,1 M €4,8 M €
Net result2 M €2,7 M €6,5 M €8,3 M €3,6 M €
Balance sheet
Equity34 M €32,4 M €30,1 M €24,2 M €16,5 M €
Total assets45,1 M €41,9 M €42,3 M €44,1 M €43,9 M €
Cash837,3 k €520,7 k €1,1 M €2,5 M €309,6 k €
Debts11,1 M €9,5 M €12,2 M €19,9 M €27,4 M €
Other
Workforce58,0 ETP55,0 ETP56,0 ETP53,6 ETP52,9 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GESAPA0756.684.033Represented by ANNETTE PAULS
Director30/05/2024 → 31/05/2030
SOCIETE GESTION CONSEIL0441.479.068Represented by MANFRED PAULS
Managing director01/06/2018 → 31/05/2030Director02/06/2006 → 01/06/2018ended
SPARAXIS0452.116.307Represented by YVES MEURICE
Director02/06/2006 → 31/05/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
SAMANDA0480.028.848Represented by Yves Meurice
Director23/05/2019 → 31/05/2024
Annette Pauls
Director01/06/2018 → 31/05/2024
Manfred Pauls
Managing director25/05/2012 → 01/06/2018

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202431/12/202231/12/202131/12/202031/12/2019
Closing of the financial year31/12/202531/12/202431/12/202330/12/202230/12/202130/12/2020
Length of the financial year12 months12 months13 months13 months13 months13 months
Filing date15/06/202623/06/202510/06/202417/07/202328/06/202205/08/2021
General meeting26/05/202627/05/202530/05/202426/05/202307/06/202222/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 37 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/05/202615/06/2026FrenchPDF
Full model31/12/202427/05/202523/06/2025FrenchPDF
Full model31/12/202330/05/202410/06/2024FrenchPDF
Full model30/12/202226/05/202317/07/2023FrenchPDF
Full model30/12/202107/06/202228/06/2022FrenchPDF
Full model30/12/202022/06/202105/08/2021FrenchPDF
Full model30/12/201926/05/202012/06/2020FrenchPDF
Full model30/12/201823/05/201929/05/2019FrenchPDF
Full model30/12/201701/06/201806/06/2018FrenchPDF
Full model30/12/201611/07/201725/07/2017FrenchPDF
Full model30/12/201515/07/201608/08/2016FrenchPDF
Full model30/12/201428/05/201502/07/2015FrenchPDF
Full model30/12/201319/06/201431/07/2014FrenchPDF
Full model30/12/201231/05/201319/07/2013FrenchPDF
Full model30/12/201125/05/201223/07/2012FrenchPDF
Full model30/12/201027/06/201115/07/2011FrenchPDF
Full model30/12/200928/05/201028/06/2010FrenchPDF
Full model30/12/200829/05/200915/07/2009FrenchPDF
Full model30/12/200709/06/200803/07/2008FrenchPDF
Full model31/12/200625/05/200713/06/2007FrenchPDF
Full model30/12/200502/06/200620/07/2006FrenchPDF
Full model30/12/200427/05/200530/06/2005FrenchPDF
Full model30/12/200328/05/200408/11/2004FrenchPDF
Full model30/12/200206/06/200331/07/2003FrenchPDF
Full model30/12/200119/06/200218/11/2002FrenchPDF
Full model30/12/200014/09/200107/12/2001FrenchPDF
Full model30/12/199919/07/200016/10/2000FrenchPDF
Full model30/12/199817/06/199915/09/1999FrenchPDF
Full model30/12/199725/06/199805/11/1998French—
Full model30/12/199630/05/199719/06/1997French—
Full model30/12/199531/05/199601/07/1996French—
Full model30/12/199426/05/199501/08/1995French—
Full model30/12/199318/07/199425/10/1994French—
Full model30/12/199228/05/199320/07/1993French—
Full model30/12/199129/05/199215/10/1992French—
Abridged model30/12/199021/06/199112/03/1992French—
Abridged model30/12/198921/06/199030/05/1991French—

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GESAPA0756.684.033Represented by ANNETTE PAULS
Director30/05/2024 → 31/05/2030
SOCIETE GESTION CONSEIL0441.479.068Represented by MANFRED PAULS
Managing director01/06/2018 → 31/05/2030Director02/06/2006 → 01/06/2018ended
SPARAXIS0452.116.307Represented by YVES MEURICE
Director02/06/2006 → 31/05/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
SAMANDA0480.028.848Represented by Yves Meurice
Director23/05/2019 → 31/05/2024
Annette Pauls
Director01/06/2018 → 31/05/2024
Manfred Pauls
Managing director25/05/2012 → 01/06/2018

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring03/03/2026
    Fusion par absorption de la présente société par la SA BARTHEL PAULS
    PDF
  • Restructuring24/10/2025
    PROJET DE FUSION PAR ABSORPTION DE HOLZINDUSTRIE PAULS SA ;
    PDF
  • Mandates07/08/2024
    NOMINATION COMMISSAIRE-MANDAT ADMINISTRATEUR
    PDF
  • Other12/01/2024
    OBJET - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates29/06/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/06/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring16/05/2019
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring31/12/2018
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

Source · CBE, NBB annual accounts
Year
Identity
Name
Registered office
Annual accounts
Filings20 filings
Mandates
SOCIETE GESTION CONSEIL
SPARAXIS
GESAPA
SAMANDA
Annette Pauls
Manfred Pauls
2006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
HOLZINDUSTRIE PAULS
Pôle Ardenne Bois de Gouvy 1, 6671 Bovigny
Managing directorDirector
Director
Director
Director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Pôle Ardenne Bois de Gouvy 1, 6671 Bovigny
accounts 2021 → 2025
Accounts 2025 · 2026-00161744

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
HOLZINDUSTRIE PAULS
accounts 2021 → 2025
Accounts 2025 · 2026-00161744

Events

  1. 2025
    Annual accounts 20252 M €↓
  2. 2024
    Annual accounts 20242,7 M €↓
  3. 2023
    Annual accounts 20236,5 M €↓
  4. 2022
    Annual accounts 20228,3 M €↑
  5. 2021
    Annual accounts 20213,6 M €↑
  6. 2020
    Annual accounts 20202 M €↑
  7. 2019
    Annual accounts 20191,5 M €↑
  8. 2018
    Annual accounts 2018936,7 k €↑
  9. 2017
    Annual accounts 2017572,4 k €↑
  10. 2016
    Annual accounts 2016290,3 k €↓
  11. 2015
    Annual accounts 20151,2 M €↑
  12. 2014
    Annual accounts 2014-250 k €↓
  13. 2013
    Annual accounts 20131,8 M €↑
  14. 2012
    Annual accounts 2012230,1 k €↑
  15. 2011
    Annual accounts 2011129,3 k €↓
  16. 2010
    Annual accounts 2010175,2 k €↑
  17. 2009
    Annual accounts 2009168,5 k €↑
  18. 2008
    Annual accounts 200822,5 k €↓
  19. 2007
    Annual accounts 2007334,2 k €↑
  20. 2006
    Annual accounts 2006130,6 k €