Palace by Shamrock
ActiveSummary
Palace by Shamrock has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €20,460 and a net result of €91,732. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 18% of 131 sector peers (NACE 56, financial year 2026). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Official details
Source: KBO- Status
- Active since 17-04-2014 Normal situation
- Activity
- Full-service restaurants NACE 56111and 2 others
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 31-03-2025
- Establishment unit
- 2.230.907.849 8700 Tielt, since 01-05-2014
- Financial year end
- 31 March
- Peppol
- Reachable since 24-11-2023
Board and ownership
- Annelies VlaemynckDirector · since 17-04-2014
- Jochem HeytensDirector · since 17-04-2014
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
- Gross margin
- €1.0m
- ▲ 28.8%
- Turnover
- ≈ €1.7m
- estimated
- Profit
- €91,732
- Equity
- €20,460
- ▲ 7.9%
- Total assets
- €509,464
- ▲ 71.2%
- Employees on 31-03-2026
- 22
- ▲ 10.0%
Score breakdownraises riskEquity €20,460 (4.0% of total assets)Sector: Food and beverage service activities (NACE 56)Size: 18.9 FTE, total assets €509,464lowers riskFounded in 2014Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 19% of them on solvency, 16% on liquidity, 86% on profitability and 58% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 52 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 2 directors appointed, 2 directors resigningResignations: Jochem Heytens (director) and Annelies Vlaemynck (director) · Appointments: Jochem Heytens (director) and Annelies Vlaemynck (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Palace by Shamrock: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €454,000 and €694,000, founded between 2012 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| Palace by Shamrock Tielt | €0.5m | €1.0m |
| Bones Brugge | €0.6m | €1.0m |
| Top Délice Brussel | €0.5m | €1.1m |
| Optemia Geel | €0.5m | €0.9m |
| Le Variétés Flagey Brussel | €0.5m | €1.1m |
| CHAGALL NIEUWPOORT Koksijde | €0.7m | €1.4m |
| VENITIEN Blankenberge | €0.5m | €0.8m |
Key facts about Palace by Shamrock
- What is the company number of Palace by Shamrock?
- The company number of Palace by Shamrock is 0550.722.250. The VAT number is the same number with BE in front: BE 0550.722.250.
- Where is Palace by Shamrock based?
- The registered office is at Euromarktlaan 24, 8700 Tielt.Company details
- What does Palace by Shamrock do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of Palace by Shamrock?
- The legal form of Palace by Shamrock is Private limited company (BV).
- When was Palace by Shamrock founded?
- Palace by Shamrock was founded on 17-04-2014.
- Is Palace by Shamrock still active?
- Yes, Palace by Shamrock is an active enterprise in the KBO register.
- How many employees does Palace by Shamrock have?
- Palace by Shamrock had an average of 18.9 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does Palace by Shamrock fall under?
- In its 31-03-2025 annual accounts, Palace by Shamrock states joint committee 302 (Paritair Comité voor het hotelbedrijf).
- What is the turnover of Palace by Shamrock?
- The turnover in financial year 2026 is ≈ €1.7m. This figure is estimated from the gross margin of €1.0m and 1,584 comparable companies of the same size. It probably lies between €1.2m and €2.8m. It is a rough estimate.
- Is Palace by Shamrock profitable?
- In financial year 2026, Palace by Shamrock made a profit of €91,732.
- Where can I find the annual accounts of Palace by Shamrock?
- Palace by Shamrock filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of Palace by Shamrock due?
- Palace by Shamrock must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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