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Palasi

Active
Private limited companyfounded 1986active for 40 yearsChazallaan 169, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0429.328.631
Summary

Palasi has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,783 and a net result of -€17,157. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 95% of 16,824 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisFollow ReportCompare
PalasiActiveChecked score 82/100
Risk analysis ReportCompare

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Full-service restaurants NACE 56111
7th oldest company in Schaarbeek, Accommodation and food service sector1 site
Size
€0turnover 2025
Equity
€53,783
Loss
-€17,157
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
2025 accounts 31 days early1 of 3 deeds summarised
Why 82raises riskSector: Food and beverage service activities (NACE 56)Loss of €17,157 (financial year 2025)lowers riskLiquidity: current ratio 4.62, cash €14,812, halvedFounded in 1986Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 56, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 100=
equity 88.5% of total assets
Liquidity 80-20
short-term debt 11.5% · cash 24.4%
Profitability 0-94
return on assets -28.2%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,756 companies, NACE 56, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 0.5%● unchanged vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.5%● unchanged vs 09-2026highest value
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.62, compared with 11.72 in 2024, above the usual 1.5; short-term debt: 11.5% and cash: 24.4% of total assets), and 11.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, micro): better than 94% on solvency, 83% on liquidity, 8% on profitability and 23% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Loss of €17,157 (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.62, cash €14,812, halved
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
41 days early
2023
on the day
2022
on the day
2021
2 days early
2020
30 days late
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% 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 29 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€17,157
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Among the best 5% on solvencysector median 29.7% · 16,824 companies 88.5% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
  • Active since 1986founded 15-07-1986 40 years View

By topic

Financials

Financial year
2025
Turnover
€0
Loss
-€17,157
Solvency
88.5%
Turnover
Net result
20232025
Go to Financials

Board & ownership

Board
2 members
  • ALVAREZ PALACIOS Mickaël KevinDirector
  • ALVAREZ LANERO Fransisco JavierDirector
Go to Board & ownership

Timeline

Events
45
Since
1988
Next accounts
by 31-07-2027
  1. 31-12-2024Liquidity more than doubled
  2. 06-09-2024Resignation: ALVAREZ LANERO Fransisco Javier (director)
  3. 31-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
15-07-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
31
Annual meeting
Second Wednesday of May at 18:00
Purpose
“L’industrie et le commerce de la restauration sous toutes ses formes en ce compris…” (deed in French)
Go to Articles of association

Key facts about Palasi

What is the company number of Palasi?
0429.328.631. In Belgium the VAT number is the company number with BE in front: BE 0429.328.631.
Where is Palasi based?
The registered office is at Chazallaan 169, 1030 Schaarbeek.Company details
What does Palasi do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of Palasi?
Private limited company (BV).
When was Palasi founded?
On 15-07-1986.
Is Palasi still active?
Yes, Palasi is an active enterprise in the KBO register.
What is the turnover of Palasi?
€0 in financial year 2025, according to the filed annual accounts.Financials
Is Palasi profitable?
In financial year 2025, Palasi made a loss of €17,157.
Where can I find the annual accounts of Palasi?
Palasi filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Palasi due?
By 31-07-2027, for financial year 2026.Timeline

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