ACTIVE

PAUWELS RJM

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

166,8 k €

+1105.0% YoY

Gross margin

148,4 k €

+876.9% YoY

Equity

186 k €

+380.7% YoY

What does PAUWELS RJM do?

PAUWELS RJM is a Private limited company incorporated in 2007. Its main activity is: Photographic activities. Its registered office is in Sint-Gillis-Waas.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0893.263.892

Incorporation

05/11/2007

Legal form

Private limited company

Registered office

Sint-Niklaasstraat(SGW) 6
9170 Sint-Gillis-Waas · FlandreSee on map

Contributed capital

1 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

74201Photographic activities· main 74201Photographic activities 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	148,4 k €	+877%	15,2 k €	+252%	-10 k €	-106%	177,6 k €	-49.5%	351,7 k €	+1.1%	348 k €	-5.4%	367,7 k €	+17.5%	313 k €	+18.1%	265 k €	+13.0%	234,6 k €	-1.2%	237,3 k €	+12.6%	210,8 k €	-29.8%	300,2 k €	+110%	142,8 k €	+901%	14,3 k €	-29.2%	20,2 k €	-64.2%	56,3 k €
EBITDA	143,7 k €	+368%	-53,6 k €	-43.9%	-37,2 k €	-267%	22,3 k €	-25.7%	30,1 k €	-51.8%	62,4 k €	+85.0%	33,7 k €	-41.4%	57,5 k €	-14.7%	67,5 k €	+1799%	3,6 k €	+117%	-20,8 k €	+32.6%	-30,8 k €	-204%	29,6 k €	-7.9%	32,2 k €	+138%	13,5 k €	-30.0%	19,3 k €	-15.0%	22,7 k €
Operating result	137,6 k €	+330%	-59,9 k €	-18.8%	-50,4 k €	-561%	10,9 k €	-50.6%	22,1 k €	-57.7%	52,4 k €	+114%	24,5 k €	-45.3%	44,8 k €	-25.0%	59,7 k €	+1316%	-4,9 k €	+82.8%	-28,5 k €	+33.0%	-42,6 k €	-362%	16,2 k €	+17.9%	13,8 k €	+236%	4,1 k €	-61.0%	10,5 k €	-20.2%	13,2 k €
Net result	166,8 k €	+1105%	13,8 k €	+149%	-28 k €	-753%	-3,3 k €	-128%	-1,4 k €	-107%	20,1 k €	+937%	1,9 k €	-92.8%	27 k €	-36.7%	42,7 k €	+321%	-19,3 k €	+56.5%	-44,4 k €	+17.0%	-53,5 k €	-863%	7 k €	+27.9%	5,5 k €	+348%	1,2 k €	-78.4%	5,7 k €	-15.1%	6,7 k €
Balance sheet
Equity	186 k €	+381%	38,7 k €	+55.7%	24,9 k €	-52.9%	52,8 k €	-5.8%	56,1 k €	+193%	19,2 k €	+2279%	-879,9 €	+68.7%	-2,8 k €	+90.6%	-29,8 k €	+58.9%	-72,5 k €	-36.3%	-53,2 k €	-502%	-8,8 k €	-120%	44,6 k €	+18.6%	37,6 k €	+17.0%	32,2 k €	+4.0%	30,9 k €	+22.4%	25,3 k €
Total assets	351 k €	-15.3%	414,2 k €	+21.3%	341,4 k €	-4.0%	355,6 k €	-16.5%	425,7 k €	+10.1%	386,6 k €	-3.0%	398,6 k €	+5.2%	378,9 k €	+3.4%	366,3 k €	+4.6%	350,4 k €	-21.2%	444,9 k €	+15.6%	385 k €	+37.2%	280,5 k €	+25.8%	222,9 k €	+420%	42,9 k €	-30.5%	61,7 k €	+10.5%	55,8 k €
Cash	21,6 k €	+292%	5,5 k €	+50.1%	3,7 k €	+60.4%	2,3 k €	-36.6%	3,6 k €	+33.1%	2,7 k €	+1931%	133,8 €	-99.5%	27,6 k €	+1669%	1,6 k €	+1562%	93,8 €	-99.4%	14,7 k €	+1342%	1 k €	-96.0%	25,2 k €	+1993%	1,2 k €	-82.2%	6,8 k €	-31.8%	9,9 k €	-27.7%	13,7 k €
Debts	165 k €	-56.1%	375,5 k €	+18.6%	316,5 k €	+4.5%	302,8 k €	-18.1%	369,6 k €	+1.0%	366,1 k €	-8.4%	399,5 k €	+4.7%	381,7 k €	-3.7%	396,2 k €	-6.3%	422,9 k €	-15.1%	498,1 k €	+26.5%	393,8 k €	+67.0%	235,9 k €	+27.3%	185,3 k €	+1656%	10,5 k €	-65.7%	30,8 k €	+0.7%	30,6 k €
Other
Workforce	–		–		0,0 ETP	-100%	2,5 ETP	-51.0%	5,1 ETP	-10.5%	5,7 ETP		–		–		–		6,4 ETP	-3.0%	6,6 ETP	+6.5%	6,2 ETP	-16.2%	7,4 ETP	+118%	3,4 ETP		–		–		0,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

RUDI PAUWELS

Director

Active

Ended mandates

An Roelen

Mandate

Ended

Nickias Pauwels

Mandate

Ended

Rudi Pauwels

Mandate

Ended

Rudi Pauwels

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	29/08/2025	29/08/2024	31/08/2023	30/08/2022	29/08/2021
General meeting	06/06/2026	06/06/2025	06/06/2024	06/06/2023	06/06/2022	06/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	06/06/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	06/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	06/06/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	06/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	06/06/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	06/06/2021	29/08/2021	Dutch	PDF
Abridged model	31/12/2019	06/06/2020	29/10/2020	Dutch	PDF
Micro model	31/12/2018	06/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	06/06/2018	30/09/2018	Dutch	PDF
Micro model	31/12/2016	06/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	06/06/2013	16/08/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	18/08/2011	Dutch	PDF
Abridged model	31/12/2009	06/06/2010	22/06/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	28/09/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

RUDI PAUWELS

Director

Active

Ended mandates

An Roelen

Mandate

Ended

Nickias Pauwels

Mandate

Ended

Rudi Pauwels

Mandate

Ended

Rudi Pauwels

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other08/08/2025
UITTREKSEL PROGES_ VERBAAL VAN BUITENGEWONE ALGEMENE
PDF
Restructuring25/04/2025
NEERLEGGING FUSIE-VOORSTEL
PDF
Restructuring25/04/2025
NEERLEGGING FUSIE-VOORSTEL
PDF
Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/09/2011
DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Other07/11/2007
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025166,8 k €↑
2024
Annual accounts 202413,8 k €↑
2024
Name changePAUWELS RJM
2023
Annual accounts 2023-28 k €↓
2022
Annual accounts 2022-3,3 k €↓
2021
Annual accounts 2021-1,4 k €↓
2021
Name changeNITRA
2019
Annual accounts 201920,1 k €↑
2018
Annual accounts 20181,9 k €↓
2017
Annual accounts 201727 k €↓
2016
Annual accounts 201642,7 k €↑
2015
Annual accounts 2015-19,3 k €↑
2014
Annual accounts 2014-44,4 k €↑
2013
Annual accounts 2013-53,5 k €↓
2012
Annual accounts 20127 k €↑
2011
Annual accounts 20115,5 k €↑
2010
Annual accounts 20101,2 k €↓
2009
Annual accounts 20095,7 k €↓
2008
Annual accounts 20086,7 k €
05/11/2007
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PAUWELS RJM

Overview

What does PAUWELS RJM do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline