Turnover
€624,216 ▲ 15×
Turnover rose in 2025: different schema filed.
Palan
Lifetime
5 annual accounts with figures on one time axispeak €91,015 (2025)
€91,015▲ €95,025
lowest -€16,830 (2023)
€39,569▲ €44,259
peak €58,971 (2025)
€58,971▲ 204%
€228,868▲ 100×
Board2 names since 2020
2 directorsPALANCIUC Daniel Ilie and 1 other
Documentsfilings and deeds
24-09-202655 days late
2025abbreviated format
Turnover from €42,572 to €624,216Gross margin from -€4,010 to €91,015Back to profit: €39,569Equity from €19,403 to €58,971Debts from €2,297 to €228,868Investments €106,240
Key points
from the 2025 annual accountsDebts
€228,868 ▲ 100×
Debts rose by €226,571 in 2025.
Investments
€106,240 4.1 × depreciation
Green is investment, beige is depreciation.
Payment terms
94 days to suppliers
Palan pays its suppliers 78 days later than in 2024. Customers pay 16 days earlier.
Liquidity
1.30 was 9.45 in 2024
Short-term debts rose from €2,297 to €159,195.
Filings
5 annual accounts 4 late
The 2025 accounts came latest: 55 days after the end of the period.
Checked score
37
Weak
Financially stronger than 55% of micro companies in land transport (NACE 49)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.7% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.6%
01-2025: 9.4%▲ +4.8 percentage points vs 12-2024
02-2025: 9.3%▼ -0.1 percentage points vs 01-2025
03-2025: 9.4%▲ +0.1 percentage points vs 02-2025
04-2025: 9.6%▲ +0.2 percentage points vs 03-2025highest value
05-2025: 9.6%● unchanged vs 04-2025
06-2025: 5.2%▼ -4.4 percentage points vs 05-2025
07-2025: 5.1%▼ -0.1 percentage points vs 06-2025
08-2025: 5.3%▲ +0.2 percentage points vs 07-2025
09-2025: 2.2%▼ -3.1 percentage points vs 08-2025lowest value
10-2025: 2.2%● unchanged vs 09-2025lowest value
11-2025: 2.2%● unchanged vs 10-2025lowest value
12-2025: 2.3%▲ +0.1 percentage points vs 11-2025
01-2026: 2.3%● unchanged vs 12-2025
02-2026: 2.3%● unchanged vs 01-2026
03-2026: 2.3%● unchanged vs 02-2026
04-2026: 2.5%▲ +0.2 percentage points vs 03-2026
05-2026: 2.6%▲ +0.1 percentage points vs 04-2026
06-2026: 2.5%▼ -0.1 percentage points vs 05-2026
07-2026: 2.6%▲ +0.1 percentage points vs 06-2026
08-2026: 2.9%▲ +0.3 percentage points vs 07-2026
09-2026: 3.3%▲ +0.4 percentage points vs 08-2026
10-2026: 6.7%▲ +3.4 percentage points vs 09-2026
11-2026: 6.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Last filed accounts filed 55 days late; 1 of the last 3 accounts late
Size: turnover €624,216, total assets €287,839
Founded in 2020
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 49, micro). It does better than 32% of them on solvency, 27% on liquidity, 65% on profitability and 97% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as Palan has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Palan itself is higher: 6.7% within 12 months. It rests on far more data about Palan than the profile alone.
Test of the method
The method was tested on the 497,447 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 6,713 companies, not a prediction for Palan. 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
Credit of up to €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.3 (9.45 in 2024), below the usual 1.5. Short-term debt is 55.3% and cash 6.7% of total assets. 79.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 55 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
55 days late
2024
26 days late
2023
30 days late
2022
39 days late
2021
48 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 20 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Wezembeek-Oppem to Meise
New registered office: Kapellelaan 171, 1861 Meise · Previous registered office: Lange Eikstraat 46, 1970 Wezembeek-Oppem · Appointment: PETRISOR OVIDIU (manager and director) · General meeting of 25-11-2024 · Gazette deed
Registered office moved from Drogenbos to Wezembeek-Oppem
New registered office: Lange Eikstraat 46, 1970 Wezembeek-Oppem · Previous registered office: Avenue W.A. Mozart 2, 1620 Drogenbos · General meeting of 11-05-2023 · Gazette deed
Registered office moved from Wezembeek-Oppem to Drognebos
New registered office: W.A. Mozartlaan 2, 1620 Drognebos · Previous registered office: Rue de la Limite 166/3-1970 Wezembeek Oppem · General meeting of 25-05-2022 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: PALANCIUC Daniel Ilie (comparant) · Appointment: PALANCIUC Daniel Ilie (director) · published on 11-05-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Palan Meise | €287,839 | €91,015 | 20.5% | - |
| MDM SOLUTIONS Rotselaar | €349,825 | €90,819 | -65.9% | 0.1 |
| Heremans Opwijk | €339,479 | €103,562 | 60.0% | - |
| Agrowa Dessel | €289,701 | €94,392 | 38.1% | - |
| Levan Poperinge | €294,775 | €82,924 | 39.9% | - |
| SERDOTRANS Brugelette | €289,895 | €104,544 | -12.1% | - |
| KABAGWIRA & COMPAGNIES Quaregnon | €324,806 | €91,065 | -0.2% | - |
These companies have the same main activity as Palan: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €290,000 and €350,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 07-05-2020Normal situation
- Activity
- Freight transport by roadNACE 49410and 4 others
- Establishment unit
- 2.302.586.7901860 Meise, since 07-05-2020
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on Palan
Palan files the abbreviated format. That format states no turnover. The gross margin rose from €1,902 in 2021 to €91,015 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 Palan
- What is the company number of Palan?
- The company number of Palan is 0746.756.874. The VAT number is the same number with BE in front: BE 0746.756.874.
- Where is Palan based?
- The registered office is at Kapellelaan 171, 1860 Meise.Company details
- What does Palan do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of Palan?
- Palan is a private limited company (BV).
- When was Palan founded?
- Palan was founded on 07-05-2020.
- Is Palan still active?
- Yes, Palan is an active enterprise in the KBO register.
- How many employees does Palan have?
- Palan had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Palan?
- The turnover of Palan was €624,216 in financial year 2025, according to the filed annual accounts.
- Is Palan profitable?
- In financial year 2025, Palan made a profit of €39,569.
- Where can I find the annual accounts of Palan?
- Palan filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Palan due?
- Palan must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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