Equity
€28,783 ▲ 34.2%
PALACE has made a profit without a break since 2022.
PALACE
Lifetime
5 annual accounts with figures on one time axispeak €50,437 (2025)
€50,437▲ 33.3%
lowest -€1,457 (2021)
€7,342▲ 13.6%
peak €28,783 (2025)
€28,783▲ 34.2%
€25,225▼ 8.0%
Board1 name since 2020
1 director
Documentsfilings and deeds
12-06-202649 days before the deadline
2025micro format
Gross margin from €37,845 to €50,437Equity from €21,442 to €28,783Cash from €5,930 to €21,281
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,969 companies had the same profile as PALACE has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 26,969 companies, not a prediction for PALACE. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0752929143
Incorporation
Founder: · Appointment: (director) · 100 shares · published on 27-08-2020 · Gazette deed
First establishment
Korte Zavelstraat 28, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PALACE Antwerp | €54,008 | €50,437 | 53.3% | - |
| MARK Laakdal | €51,083 | €44,341 | -50.9% | - |
| Icelander Essen | €52,733 | €41,400 | 36.2% | - |
| K.S. Uccle | €55,575 | €57,016 | -162.6% | - |
| TASTY DELICACY Asse | €47,795 | €52,179 | 16.6% | - |
| LANGDIJK INTERNATIONAL TRADING Maasmechelen | €49,727 | €57,580 | 31.3% | - |
| MBAT Mons | €57,237 | €51,098 | 61.3% | - |
These companies have the same main activity as PALACE: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €47,800 and €57,200, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 25-08-2020Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Establishment unit
- 2.306.577.7472060 Antwerp, since 25-08-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- €54,008▲ 10.5%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Insights on PALACE
PALACE files the micro format. That format states no turnover. The gross margin rose from €9,761 in 2021 to €50,437 in 2025.
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 PALACE
- What is the company number of PALACE?
- The company number of PALACE is 0752.929.143. The VAT number is the same number with BE in front: BE 0752.929.143.
- Where is PALACE based?
- The registered office is at Korte Zavelstraat 28, 2060 Antwerp.Company details
- What does PALACE do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of PALACE?
- PALACE is a private limited company (BV).
- When was PALACE founded?
- PALACE was founded on 25-08-2020.
- Is PALACE still active?
- Yes, PALACE is an active enterprise in the KBO register.
- How many employees does PALACE have?
- PALACE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PALACE?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €50,437 and 72 comparable companies (NACE 56111). It probably lies between €140,000 and €220,000. In financial year 2022 turnover was €79,027.
- Is PALACE profitable?
- In financial year 2025, PALACE made a profit of €7,342.
- Where can I find the annual accounts of PALACE?
- PALACE filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PALACE due?
- PALACE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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