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PALAEM

Active
Private limited companyfounded 20242 yrs activeJozef Balstraat(MEL) 5, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 1010.748.413
Summary

PALAEM has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14,974 and a net result of €11,974. Its solvency ranks better than 43% of 37951 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency75
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.0; short-term debt: 50% and cash: 95.3% of total assets), but 50% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
50%
Return on assets
40%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
48 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 48 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PALAEM was incorporated on 25 June 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€14,974
Total assets
€29,959
Net result
€11,974
Working capital
€14,974

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €29,959
Equity €14,974
Debt €14,985
Debt finances 50.0% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
2.00
Debt to equity
1.00
ROE
80.0%
ROA
40.0%
Debt ≤ 1 year
€14,985
Income taxes
€3,354
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 25 lines
Balance sheet Code2024
Assets
Total assets20/58€29,959
Current assets29/58€29,959
Cash at bank and in hand54/58€28,545
Deferred charges and accrued income490/1€1,414
Equity and liabilities
Total equity and liabilities10/49€29,959
Equity10/15€14,974
Contributions10/11€3,000
Profit (loss) carried forward14€11,974
Amounts payable17/49€14,985
Amounts payable within one year42/48€14,985
Trade debts44€1,549
Suppliers440/4€1,549
Taxes, remuneration and social security45€12,705
Taxes450/3€12,705
Other amounts payable47/48€731
Income statement Code2024
Other operating charges640/8€493
Gross operating margin9900€15,971
Operating profit (loss)9901€15,479
Financial charges65/66B€151
Recurring financial charges65€151
Profit (loss) for the period before taxes9903€15,327
Income taxes67/77€3,354
Profit (loss) for the period9904€11,974
Profit (loss) for the period to be appropriated9905€11,974
Appropriation of the result
Profit (loss) to be appropriated9906€11,974

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Other operating charges640/8€493
Gross operating margin9900€15,971
Operating profit (loss)9901€15,479
Financial charges65/66B€151
Recurring financial charges65€151
Profit (loss) for the period before taxes9903€15,327
Income taxes67/77€3,354
Profit (loss) for the period9904€11,974
Profit (loss) for the period to be appropriated9905€11,974
Line2024
Assets
Total assets20/58€29,959
Current assets29/58€29,959
Cash at bank and in hand54/58€28,545
Deferred charges and accrued income490/1€1,414
Equity and liabilities
Total equity and liabilities10/49€29,959
Equity10/15€14,974
Contributions10/11€3,000
Profit (loss) carried forward14€11,974
Amounts payable17/49€14,985
Amounts payable within one year42/48€14,985
Trade debts44€1,549
Suppliers440/4€1,549
Taxes, remuneration and social security45€12,705
Taxes450/3€12,705
Other amounts payable47/48€731
Line2024
Profit (loss) for the period9904€11,974
Operating cash flow (approximation)€11,974

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
13-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,044 m²
Building footprint
172 m²
Volume, LiDAR
1,302 m³
Parcel 46016D0088/00L000, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PALAEM
Jozef Balstraat(MEL) 5, 9120 Beveren-Kruibeke-ZwijndrechtFinancial service activities, except insurance and pension funding
since 20242.361.595.157
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46016D0088/00L000 Flanders 1,044 m² 1 · 172 m² 11.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 27,472 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate

Scores and ratios are computed by Checked and are not a credit decision.