ACTIVE

PAUWELS GLASSPROJECTS

Financial year 2025 · Closed on 31/12/2025

Net result30,5 k €-75,9 %over 1 year
Gross margin390 k €-26,7 %over 1 year
Equity1,2 M €+2,6 %over 1 year
Workforce4,0 ETP+5,3 %over 1 year

Identity

Source · BCE/KBO

PAUWELS GLASSPROJECTS is a Public limited company incorporated in 2008. Its main activity is: Joinery installation. Its registered office is in Ninove. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0807.289.725
Incorporation
22/10/2008
Legal form
Public limited company
Registered office
Ten Beukeboom(App) 11
9400 Ninove · FlandreSee on map
Contributed capital
75 000,00 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 16 financial years

20252024202320222021
Income statement
Gross margin390 k €532,3 k €348,8 k €422,6 k €615,6 k €
EBITDA24,7 k €180,8 k €27,4 k €147 k €352,1 k €
Operating result21,8 k €177,9 k €20,7 k €138,2 k €341,8 k €
Net result30,5 k €126,5 k €11,6 k €97,3 k €244,2 k €
Balance sheet
Equity1,2 M €1,2 M €1 M €1 M €935,2 k €
Total assets2,3 M €2,2 M €2,2 M €1,9 M €2,4 M €
Cash281,1 k €22,7 k €1 M €294,5 k €261,1 k €
Debts1,1 M €1 M €1,2 M €843,6 k €1,5 M €
Other
Workforce4,0 ETP3,8 ETP4,1 ETP4,0 ETP4,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 36 ended

Active mandates

ALGIM

Managing director · since 21 juin 2024 · until 21 juin 2030 · 0774.441.070

Represented by Fauquette CHARLES

Active
BFF GLASS

Director · since 18 octobre 2016 · 0664.485.236

Represented by Koen Perdu

Active
FALCON FUND MANAGEMENT

Director · since 18 octobre 2016 · 0653.840.871

Represented by Thomas DE DUYTSCHE

Active

Ended mandates

ALGIM

Director · since 01 août 2023 · until 01 août 2029 · 0774.441.070

Represented by Charles FAUQUETTE

Ended
BFF GLASS

Director · since 03 octobre 2022 · until 03 octobre 2028 · 0664.485.236

Represented by Perdu KOEN

Ended
FALCON FUND MANAGEMENT

Director · since 03 octobre 2022 · until 03 octobre 2028 · 0653.840.871

Represented by Thomas De Duytsche

Ended
BFF GLASS

Director · since 18 octobre 2016 · until 24 juin 2028 · 0664.485.236

Represented by Perdu KOEN

Ended

Other companies at this address

Ten Beukeboom(App) 11 9400 Ninove
CompanyCBE no.
PAUWELS● Active
0417.904.209

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/07/202630/06/202524/09/202429/08/202326/08/202228/06/2021
General meeting27/06/202628/06/202529/06/202401/08/202325/06/202226/06/2021
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, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/06/202615/07/2026DutchPDF
Abridged model31/12/202428/06/202530/06/2025DutchPDF
Abridged model31/12/202329/06/202424/09/2024DutchPDF
Abridged model31/12/202201/08/202329/08/2023DutchPDF
Abridged model31/12/202125/06/202226/08/2022DutchPDF
Abridged model31/12/202026/06/202128/06/2021DutchPDF
Abridged model31/12/201927/06/202030/06/2020DutchPDF
Abridged model31/12/201829/06/201915/07/2019DutchPDF
Full model31/12/201730/06/201803/07/2018DutchPDF
Full model30/09/201625/03/201728/03/2017DutchPDF
Full model30/09/201526/03/201629/03/2016DutchPDF
Full model30/09/201428/03/201530/03/2015DutchPDF
Full model30/09/201329/03/201429/04/2014DutchPDF
Full model30/09/201230/03/201329/04/2013DutchPDF
Full model30/09/201131/03/201226/04/2012DutchPDF
Abridged model30/09/201026/03/201107/04/2011DutchPDF
Abridged model30/09/200927/03/201008/04/2010DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 36 ended

Active mandates

ALGIM

Managing director · since 21 juin 2024 · until 21 juin 2030 · 0774.441.070

Represented by Fauquette CHARLES

Active
BFF GLASS

Director · since 18 octobre 2016 · 0664.485.236

Represented by Koen Perdu

Active
FALCON FUND MANAGEMENT

Director · since 18 octobre 2016 · 0653.840.871

Represented by Thomas DE DUYTSCHE

Active

Ended mandates

ALGIM

Director · since 01 août 2023 · until 01 août 2029 · 0774.441.070

Represented by Charles FAUQUETTE

Ended
BFF GLASS

Director · since 03 octobre 2022 · until 03 octobre 2028 · 0664.485.236

Represented by Perdu KOEN

Ended
FALCON FUND MANAGEMENT

Director · since 03 octobre 2022 · until 03 octobre 2028 · 0653.840.871

Represented by Thomas De Duytsche

Ended
BFF GLASS

Director · since 18 octobre 2016 · until 24 juin 2028 · 0664.485.236

Represented by Perdu KOEN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates01/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/05/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates06/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/07/2017
    BOEKJAAR
    PDF
  • Mandates07/11/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/12/2015
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202530,5 k €↓
  2. 2024
    Annual accounts 2024126,5 k €↑
  3. 2023
    Annual accounts 202311,6 k €↓
  4. 2022
    Annual accounts 202297,3 k €↓
  5. 2021
    Annual accounts 2021244,2 k €↑
  6. 2019
    Annual accounts 20195 k €↓
  7. 2018
    Annual accounts 201865,2 k €↓
  8. 2017
    Annual accounts 2017152,5 k €↓
  9. 2016
    Annual accounts 2016250,4 k €↑
  10. 2015
    Annual accounts 2015129,8 k €↓
  11. 2014
    Annual accounts 2014417,3 k €↑
  12. 2013
    Annual accounts 2013218,6 k €↓
  13. 2012
    Annual accounts 2012465,8 k €↑
  14. 2011
    Annual accounts 2011174 k €↑
  15. 2010
    Annual accounts 201074,7 k €↓
  16. 2009
    Annual accounts 2009492,4 k €
  17. 22/10/2008
    IncorporationPublic limited company