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PALARUNCA

Active
Private limited companyfounded 20242 yrs activeOudekapellestraat 1, 8600 Diksmuide, BelgiumKBO/BCE: BE 1007.873.253
Summary

PALARUNCA has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3,500 and a net result of -€1,300. Its solvency ranks better than 47% of 19375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
Axes
Profitability6
Solvency53
Growth-
Track record67
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.37; short-term debt: 72% and cash: 10.1% of total assets), and 72% 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
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
28%
Return on assets
-10.4%
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 26-05-2025, 66 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
66 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 66 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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

On 2 April 2024, PALARUNCA was incorporated 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
€3,500
Total assets
€12,484
Net result
-€1,300
Working capital
-€5,646

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

Balance-sheet composition
Assets €10,743
Fixed assets €7,404
Current assets €3,338
Equity and liabilities €12,484
Equity €3,500
Debt €8,984
Debt finances 72.0% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
-€963
Cash flow
-€973
Current ratio
0.37
Debt to equity
2.57
ROE
-37.2%
ROA
-10.4%
Interest coverage
-99.47
Debt ≤ 1 year
€8,984

Peer companies

Historical observation

Of the 1,206 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
4.1% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,206 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 27 lines
Balance sheet Code2024
Assets
Total assets20/58€12,484
Formation expenses20€1,741
Fixed assets21/28€7,404
Tangible fixed assets22/27€7,404
Land and buildings22€7,404
Current assets29/58€3,338
Amounts receivable within one year40/41€2,078
Other amounts receivable41€2,078
Cash at bank and in hand54/58€1,261
Equity and liabilities
Total equity and liabilities10/49€12,484
Equity10/15€3,500
Contributions10/11€4,800
Profit (loss) carried forward14-€1,300
Amounts payable17/49€8,984
Amounts payable within one year42/48€8,984
Trade debts44€8,984
Suppliers440/4€8,984
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€328
Other operating charges640/8€543
Gross operating margin9900-€420
Operating profit (loss)9901-€1,291
Financial charges65/66B€10
Recurring financial charges65€10
Profit (loss) for the period before taxes9903-€1,300
Profit (loss) for the period9904-€1,300
Profit (loss) for the period to be appropriated9905-€1,300
Appropriation of the result
Profit (loss) to be appropriated9906-€1,300

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€328
Other operating charges640/8€543
Gross operating margin9900-€420
Operating profit (loss)9901-€1,291
Financial charges65/66B€10
Recurring financial charges65€10
Profit (loss) for the period before taxes9903-€1,300
Profit (loss) for the period9904-€1,300
Profit (loss) for the period to be appropriated9905-€1,300
Line2024
Assets
Total assets20/58€12,484
Formation expenses20€1,741
Fixed assets21/28€7,404
Tangible fixed assets22/27€7,404
Land and buildings22€7,404
Current assets29/58€3,338
Amounts receivable within one year40/41€2,078
Other amounts receivable41€2,078
Cash at bank and in hand54/58€1,261
Equity and liabilities
Total equity and liabilities10/49€12,484
Equity10/15€3,500
Contributions10/11€4,800
Profit (loss) carried forward14-€1,300
Amounts payable17/49€8,984
Amounts payable within one year42/48€8,984
Trade debts44€8,984
Suppliers440/4€8,984
Line2024
Profit (loss) for the period9904-€1,300
+ Depreciation and write-downs630€328
Operating cash flow (approximation)-€973

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
26-05
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, Diksmuide · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,091 m²
Building footprint
223 m²
Volume, LiDAR
1,533 m³
Parcel 32019A0228/00Z000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PALARUNCA
Oudekapellestraat 1, 8600 DiksmuideRenting and operating of own or leased residential real estate, excluding social housing
since 20242.357.765.538
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32019A0228/00Z000
ProtectedCultural-historical landscapeOudlandpolders van LampernisseSource ↗
Flanders 2,091 m² 1 · 223 m² 9.9 m · 2 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 9,146 companies in sector 68201 we hold annual accounts for 6,775. 872 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
Founded02-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007873253
Also 9925:BE1007873253
Registered 19-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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