Turnover
≈ €71,000 estimated
The micro format states no turnover.
PAL
Lifetime
1 annual account with figurespeak €12,920 (2025)
€12,920
peak €1,380 (2025)
€1,380
peak €1,380 (2025)
€1,380
€50,252
Board1 name since 2024
1 director
Documentsfilings and deeds
31-01-2026on the last day
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€50,252 97% of the balance sheet
Financial debts 38%Suppliers 5%Taxes and wages 3%Other 54%
Of this, €31,147 falls due within a year.
Position in the sector
2.7%
Lower solvency than 83% of companies in land transport. Sector median 37.7% · 5,952 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,135 companies had the same profile as PAL has now. Each dot stands for 6 companies, two years later.
92.0%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,135 companies, not a prediction for PAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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Signals
Board and ownership
Director, since 06-02-2024
- 100 sharesdeed of 08-02-2024
- 100 sharesdeed of 08-02-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1005674818
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 08-02-2024 · Gazette deed
First establishment
Kortrijksesteenweg 153, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PAL Ghent | €51,631 | €12,920 | 2.7% | - |
| YALLA GO Aalst | €45,635 | €12,201 | 23.6% | - |
| HALA T Ghent | €59,790 | €13,530 | 16.4% | - |
| AS DRIVE Schaerbeek | €54,513 | €11,910 | 20.9% | - |
| ALKA TRANSPORT Grimbergen | €45,747 | €14,075 | 10.4% | - |
| K.T.S TRANSPORT Anderlecht | €57,234 | €11,167 | 42.9% | - |
| FARAG GROEP Ghent | €55,010 | €17,318 | -25.6% | - |
These companies have the same main activity as PAL: on-demand passenger transport by chauffeured vehicle (NACE 49330). They are comparable in size and age: total assets between €45,600 and €59,800, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 06-02-2024Normal situation
- Activity
- On-demand passenger transport by chauffeured vehicleNACE 49330
- Establishment unit
- 2.357.911.6329000 Ghent, since 06-02-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 25-12-2025
Annual accounts to 30-06-2025
- €51,631
- Filing
- Filed on 31-01-2026, on the last day of the filing period
Insights on PAL
The 2025 annual accounts show equity of €1,380 and a net result of €1,380. Its solvency ranks better than 17% of 5,952 sector peers (NACE 49, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PAL
- What is the company number of PAL?
- The company number of PAL is 1005.674.818. The VAT number is the same number with BE in front: BE 1005.674.818.
- Where is PAL based?
- The registered office is at Kortrijksesteenweg 153, 9000 Ghent.Company details
- What does PAL do?
- According to the KBO register, the main activity is on-demand passenger transport by chauffeured vehicle (NACE 49330).
- What is the legal form of PAL?
- PAL is a private limited company (BV).
- When was PAL founded?
- PAL was founded on 06-02-2024.
- Is PAL still active?
- Yes, PAL is an active enterprise in the KBO register.
- What is the turnover of PAL?
- The turnover in financial year 2025 is ≈ €71,000. This figure is estimated from the gross margin of €12,920 and 136 comparable companies (NACE 49330). It probably lies between €44,000 and €120,000. It is a rough estimate.Financials
- Is PAL profitable?
- In financial year 2025, PAL made a profit of €1,380.
- Where can I find the annual accounts of PAL?
- PAL filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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