DE PALETHOEVE
ActiveDE PALETHOEVE has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.57M and a net result of €349k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 74% of 2924 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
93
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency97▲+11
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 2.19 in 2023), and 45.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
54.8%
Return on assets
12.2%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
89 d late
2023
15 d early
2022
70 d late
2021
92 d late
2020
31 d late
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.57M▲ 28.6%
2023 · €1.22M
2018: €551k
2019: €684k
2020: €437k
2021: €767k
2022: €1.17M
2023: €1.22M
2018 → 2024
Total assets
€2.87M▼ 2.6%
2023 · €2.94M
2018: €1.92M
2019: €2.05M
2020: €2.13M
2021: €2.17M
2022: €2.65M
2023: €2.94M
2018 → 2024
Net result
€349k▼ 6.7%
2023 · €374k
2018: €139k
2019: €133k
2020: €253k
2021: €480k
2022: €404k
2023: €374k
2018 → 2024
Working capital
€1.44M▲ 15.0%
2023 · €1.25M
2018: €761k
2019: €910k
2020: €638k
2021: €859k
2022: €1.19M
2023: €1.25M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€437k-€767k▲ 75.7%€1.17M▲ 52.6%€1.22M▲ 4.2%€1.57M▲ 28.6%
Operating result€359k-€604k▲ 68.5%€540k▼ 10.6%€550k▲ 1.8%€491k▼ 10.6%
Net result€253k-€480k▲ 89.9%€404k▼ 15.9%€374k▼ 7.4%€349k▼ 6.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.87M
Fixed assets
€577k▼ 9.3%
Current assets
€2.29M▼ 0.7%
Equity and liabilities €2.87M
Equity
€1.57M▲ 28.6%
Debt
€1.30M▼ 24.7%
The debt ratio falls from 58.5% to 45.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€678k▼
2023 · €711k
Cash flow
€535k=
2023 · €535k
Solvency
54.8%▲
2023 · 41.5%
Current ratio
2.70▲
2023 · 2.19
Quick ratio
2.70▲
2023 · 2.19
Debt / equity
0.83▼
2023 · 1.41
ROE
22.2%▼
2023 · 30.6%
ROA
12.2%▼
2023 · 12.7%
Interest coverage
25.42▼
2023 · 31.79
Debt
€1.30M▼
2023 · €1.72M
Debt ≤ 1 year
€846k▼
2023 · €1.05M
Debt > 1 year
€448k▼
2023 · €545k
Income taxes
€136k▲
2023 · €125k
Staff costs
€1.22M▲
2023 · €1.14M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.94M€2.87M▼
Fixed assets21/28€636k€577k▼
Tangible fixed assets22/27€636k€577k▼
Land and buildings22€162k€119k▼
Plant, machinery and equipment23€38k€31k▼
Furniture and vehicles24€437k€339k▼
Other tangible fixed assets26-€89k
Current assets29/58€2.30M€2.29M▼
Amounts receivable after more than one year29€550k€550k=
Other amounts receivable291€550k€550k=
Stocks and contracts in progress3-€8k
Stocks30/36-€8k
Amounts receivable within one year40/41€725k€185k▼
Trade receivables40€500k€171k▼
Other amounts receivable41€224k€14k▼
Current investments50/53€450k€300k▼
Cash at bank and in hand54/58€543k€946k▲
Deferred charges and accrued income490/1€36k€300k▲
Equity and liabilities
Total equity and liabilities10/49€2.94M€2.87M▼
Equity10/15€1.22M€1.57M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.16M€1.51M▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€6k€6k=
Reserves not available under the articles1311€622€622=
Distributable reserves133€1.15M€1.50M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.72M€1.30M▼
Amounts payable after more than one year17€545k€448k▼
Financial debts170/4€545k€448k▼
Amounts payable within one year42/48€1.05M€846k▼
Current portion of amounts payable after more than one year42€153k€97k▼
Financial debts43-€42k
Credit institutions430/8-€42k
Trade debts44€277k€399k▲
Suppliers440/4€277k€399k▲
Taxes, remuneration and social security45€246k€227k▼
Taxes450/3€124k€52k▼
Remuneration and social security454/9€122k€175k▲
Other amounts payable47/48€374k€80k▼
Accrued charges and deferred income492/3€125k€1k▼
Income statement
Code20232024
Non-recurring operating income76A€0€12k▲
Remuneration, social security and pensions62€1.14M€1.22M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€161k€186k▲
Other operating charges640/8€16k€4k▼
Gross operating margin9900€1.87M€1.90M▲
Operating profit (loss)9901€550k€491k▼
Financial income75/76B€10k€20k▲
Recurring financial income75€10k€20k▲
Financial charges65/66B€61k€27k▼
Recurring financial charges65€22k€27k▲
Non-recurring financial charges66B€39k€0▼
Profit (loss) for the period before taxes9903€498k€485k▼
Income taxes67/77€125k€136k▲
Profit (loss) for the period9904€374k€349k▼
Profit (loss) for the period to be appropriated9905€374k€349k▼
Appropriation of the result
Profit (loss) to be appropriated9906€374k€349k▼
Transfer to equity691/2€0€349k▲
To other reserves6921€0€349k▲
Profit to be distributed694/7€374k€0▼
Return on contributions (dividend)694€374k€0▼
Social balance
Average headcount (FTE)908732.936.8▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 89 days late
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
31-12
Financial
Equity above €1MEq €1.17M ▲52.6%
5 profitable years in a row build equity to €1.17M.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 92 days late
2021
31-12
Financial
Highest result since 2018net €480k ▲89.9%
Operating result €604k, net result €480k, both a record.
31-12
Financial
Equity above €500kEq €767k ▲75.7%
4 profitable years in a row build equity to €767k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €133k ▼4.1%
Net result drops to €133k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 86 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Brecht · 1 establishment unit since 1977
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.
Klein Veerle 1052960 BrechtGround area
2,937 m²
Building footprint
350 m²
Volume, LiDAR
1,811 m³
Parcel 11043D0759/00N000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRAITEUR DE PALETHOEVE
since 19772.013.377.431
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0759/00N000 | Flanders | 2,937 m² | 1 · 350 m² | 8.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,274 EUR awarded · 2,274 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,274 EUR | 2,274 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrecht2.013.377.431
Similar companies · same sector, comparable size
UNIVERSAL CATERING
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KORTRIJKS RESTAURATIEBEDRIJF
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Kortrijk · Eq €1.55M
VAN DE VOORDE-VERKINDEREN
BE 0543.590.671
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GREAT FOOD
BE 0843.105.984
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Choux de Bruxelles catering
BE 0807.497.581
Schaarbeek · Eq €1.53M
Of 7,476 companies in sector 56210 we hold annual accounts for 2,426. 642 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-03-1977
Fiscal year end31-12
Activities, NACEBEL
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.