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LE PALMARES

Active
Private limited companyfounded 2018active for 7 yearsRue Rogier 14, 4900 Spa, Belgium17 active companies are registered at this addressKBO/BCE: BE 0715.594.140
Summary

The computed 12-month bankruptcy probability of LE PALMARES is 13.5% (high). The 2024 annual accounts show negative equity (-€34,624) and a net result of €78,132. Equity is shrinking by about 26% per year across the filed financial years. Its solvency ranks better than 24% of 1,747 sector peers (NACE 56, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301
4 sites
Size
€503,977total assets 2024
Staff
10.2 FTE
Equity
-€34,624
Profit
€78,132
Financial health
31 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
13.5%
Structure
Accounts 77 days overdue1 of 8 deeds read
Why 31raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 07-01-2026)1 financial year not filed after the legal deadline; latest accounts 153 days late; 1 of the last 3 lateSize: 10.2 FTE, total assets €503,977Show the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 50% of its sector peers (NACE 56, small)
Financial strength · tick = 2023
Weak
Solvency 18+14
equity -6.9% of total assets
Liquidity 25+16
short-term debt 66.3% · cash 8.1%
Profitability 88+55
return on assets 15.5%
Bankruptcy probability, 12 months
13.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,619 companies, NACE 56, small)
Last 24 months 11-2024: 5.9% 12-2024: 5.9%● unchanged vs 11-2024 01-2025: 5.9%● unchanged vs 12-2024 02-2025: 5.9%● unchanged vs 01-2025 03-2025: 5.4%▼ -0.5 percentage points vs 02-2025lowest value 04-2025: 5.8%▲ +0.4 percentage points vs 03-2025 05-2025: 6.7%▲ +0.9 percentage points vs 04-2025 06-2025: 6.5%▼ -0.2 percentage points vs 05-2025 07-2025: 7.2%▲ +0.7 percentage points vs 06-2025 08-2025: 8.2%▲ +1.0 percentage point vs 07-2025 09-2025: 8.9%▲ +0.7 percentage points vs 08-2025 10-2025: 11.5%▲ +2.6 percentage points vs 09-2025 11-2025: 11.6%▲ +0.1 percentage points vs 10-2025 12-2025: 11.9%▲ +0.3 percentage points vs 11-2025 01-2026: 13.0%▲ +1.1 percentage points vs 12-2025 02-2026: 8.3%▼ -4.7 percentage points vs 01-2026 03-2026: 8.2%▼ -0.1 percentage points vs 02-2026 04-2026: 8.8%▲ +0.6 percentage points vs 03-2026 05-2026: 9.6%▲ +0.8 percentage points vs 04-2026 06-2026: 9.2%▼ -0.4 percentage points vs 05-2026 07-2026: 9.4%▲ +0.2 percentage points vs 06-2026 08-2026: 9.5%▲ +0.1 percentage points vs 07-2026 09-2026: 10.2%▲ +0.7 percentage points vs 08-2026 10-2026: 13.5%▲ +3.3 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.48, compared with 0.18 in 2023, below 1; short-term debt: 66.3% and cash: 8.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, small): better than 12% on solvency, 15% on liquidity, 82% on profitability and 89% on growth.

The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 07-01-2026)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 153 days late; 1 of the last 3 late
NBB · filings
raises risk · Size: 10.2 FTE, total assets €503,977
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1747 sector peers (2024).
NBB · sector comparison
Position among 1747 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 77 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
153 days late
2023
26 days early
2022
32 days early
2021
37 days early
2020
12 days early
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 12 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Registered officeRegistered-office move · Director in…
  3. Back to profitnet €78,132

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€34,624 View
  • Positive: Back in profit in 2024after -€18,454 in 2023 €78,132 View
  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Caution: Among the weakest 19% on equitysector median €69,501 · 1,750 companies -€34,624 View

By topic

Financials

Financial year
2024
Total assets
€503,977
Profit
€78,132
Solvency
-6.9%
Total assets▼ 7.5%
Net result
20192024
Go to Financials

Timeline

Events
10
Since
2020
  1. 05-07-2024Annual accounts filed
  2. 29-06-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
4
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
07-12-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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