PALAMO
ActivePALAMO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €14k. Equity is growing by ~32.7% per year across the filed fiscal years. Its solvency ranks better than 32% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
69
/ 100
Healthy▲ +26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency55▲+48
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.57 in 2024), and 63.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.5%
Return on assets
32.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
23 d early
2023
34 d early
2022
33 d early
2021
37 d early
2020
24 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€16k▲ 806%
2024 · €2k
2018: €-26k
2019: €-34k
2020: €-32k
2021: €-26k
2022: €-19k
2023: €-7k
2024: €2k
2018 → 2025
Total assets
€43k▲ 84.3%
2024 · €23k
2018: €48k
2019: €41k
2020: €43k
2021: €26k
2022: €22k
2023: €23k
2024: €23k
2018 → 2025
Net result
€14k▲ 51.7%
2024 · €9k
2018: €-5k
2019: €-8k
2020: €3k
2021: €6k
2022: €7k
2023: €11k
2024: €9k
2018 → 2025
Working capital
€-3k▲ 66.6%
2024 · €-9k
2018: €-64k
2019: €-54k
2020: €-44k
2021: €-33k
2022: €-23k
2023: €-14k
2024: €-9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-26k-€-19k▲ 28.1%€-7k▲ 60.0%€2k€16k▲ 806%
Operating result€6k-€7k▲ 21.0%€11k▲ 52.6%€9k▼ 17.7%€13k▲ 42.4%
Net result€6k-€7k▲ 21.2%€11k▲ 53.4%€9k▼ 17.9%€14k▲ 51.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 42% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€19k▲ 71.3%
Current assets
€24k▲ 95.9%
Equity and liabilities €43k
Equity
€16k▲ 806%
Debt
€27k▲ 26.4%
The debt ratio falls from 92.6% to 63.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€16k▲
2024 · €11k
Cash flow
€17k▲
2024 · €11k
Solvency
36.5%▲
2024 · 7.4%
Current ratio
0.89▲
2024 · 0.57
Quick ratio
0.89▲
2024 · 0.57
Debt / equity
1.74▼
2024 · 12.44
ROE
89.0%▼
2024 · 531.1%
ROA
32.5%▼
2024 · 39.5%
Interest coverage
131.67▲
2024 · 111.53
Debt
€27k▲
2024 · €21k
Debt ≤ 1 year
€27k▲
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€23k€43k▲
Fixed assets21/28€11k€19k▲
Intangible fixed assets21€11k€19k▲
Current assets29/58€12k€24k▲
Amounts receivable within one year40/41€1k€4k▲
Trade receivables40€1k€4k▲
Cash at bank and in hand54/58€11k€19k▲
Deferred charges and accrued income490/1€263€263=
Equity and liabilities
Total equity and liabilities10/49€23k€43k▲
Equity10/15€2k€16k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-23k€-9k▲
Amounts payable17/49€21k€27k▲
Amounts payable within one year42/48€21k€27k▲
Trade debts44€6k€12k▲
Suppliers440/4€6k€12k▲
Advances received on contracts in progress46€828€0▼
Taxes, remuneration and social security45€552€1k▲
Taxes450/3€552€1k▲
Other amounts payable47/48€14k€14k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€528€544▲
Gross operating margin9900€12k€17k▲
Operating profit (loss)9901€9k€13k▲
Financial income75/76B€0€828▲
Recurring financial income75€0€828▲
Financial charges65/66B€100€122▲
Recurring financial charges65€100€122▲
Profit (loss) for the period before taxes9903€9k€14k▲
Profit (loss) for the period9904€9k€14k▲
Profit (loss) for the period to be appropriated9905€9k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-9k▲
Profit (loss) brought forward from the previous period14P€-32k€-23k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €14k ▲51.7%
Operating result €13k, net result €14k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Gent · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Dionysiusstraat 409051 GentGround area
1,132 m²
Building footprint
531 m²
Volume, LiDAR
3,257 m³
Parcel 44062B0010/00S007, Flanders · tallest building 13.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Palamo
since 20142.228.082.278
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0010/00S007 | Flanders | 1,132 m² | 1 · 531 m² | 13.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MDA CONSULTING
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Of 29,997 companies in sector 62200 we hold annual accounts for 18,386. 11,859 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2014
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.