PALEISREST
ActivePALEISREST has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-17k) and a net result of €16k. Equity is shrinking by ~50.5% per year across the filed fiscal years. Its solvency ranks better than 18% of 13306 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+15
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.21 against 1.16 in 2024; short-term debt: 78% and cash: 82.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
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 2025Solvency, return and age of the figures
Solvency
-28.2%
Return on assets
27.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 13306 sector peers (2025).
NBB · sector comparisonPosition among 13306 sector peers
Solvency
better than 18%
← weakest
strongest →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
1 d early
2023
27 d late
2022
14 d early
2021
30 d early
2020
5 d early
2019
25 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-17k▲ 49.3%
2024 · €-33k
2018: €26k
2019: €70k
2020: €16k
2021: €-4k
2022: €-7k
2023: €-46k
2024: €-33k
2018 → 2025
Total assets
€60k▼ 25.3%
2024 · €80k
2018: €511k
2019: €485k
2020: €302k
2021: €322k
2022: €246k
2023: €147k
2024: €80k
2018 → 2025
Net result
€16k▲ 34.5%
2024 · €12k
2018: €40k
2019: €44k
2020: €-54k
2021: €-20k
2022: €-4k
2023: €-39k
2024: €12k
2018 → 2025
Working capital
€10k▼ 11.9%
2024 · €11k
2018: €-48k
2019: €-38k
2020: €-82k
2021: €-62k
2022: €-59k
2023: €4k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-4k-€-7k▼ 100%€-46k▼ 541%€-33k▲ 26.8%€-17k▲ 49.3%
Operating result€-13k-€3k€-34k€15k€19k▲ 24.8%
Net result€-20k-€-4k▲ 82.0%€-39k▼ 980%€12k€16k▲ 34.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 25% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60k
Fixed assets
€3k▲ 117%
Current assets
€57k▼ 28.1%
Key figures and ratios
EBITDA
€19k▲
2024 · €15k
Cash flow
€17k▲
2024 · €12k
Solvency
-28.2%▲
2024 · -41.6%
Current ratio
1.21▲
2024 · 1.16
Quick ratio
1.21▲
2024 · 1.16
Debt / equity
-4.54▼
2024 · -3.40
ROA
27.5%▲
2024 · 15.3%
Interest coverage
10.22▲
2024 · 5.66
Debt
€77k▼
2024 · €114k
Debt ≤ 1 year
€47k▼
2024 · €68k
Debt > 1 year
€30k▼
2024 · €46k
Income taxes
€180▼
2024 · €183
Staff costs
€0▼
2024 · €3k
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€80k€60k▼
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27€2k€3k▲
Plant, machinery and equipment23€0€2k▲
Furniture and vehicles24€2k€2k▲
Other tangible fixed assets26€0-
Current assets29/58€79k€57k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€4k€6k▲
Trade receivables40€4k€6k▲
Other amounts receivable41€190€0▼
Cash at bank and in hand54/58€74k€50k▼
Deferred charges and accrued income490/1€908€969▲
Equity and liabilities
Total equity and liabilities10/49€80k€60k▼
Equity10/15€-33k€-17k▲
Contributions10/11€31k€31k=
Reserves13€38k€38k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€412€412=
Distributable reserves133€37k€37k=
Profit (loss) carried forward14€-102k€-86k▲
Amounts payable17/49€114k€77k▼
Amounts payable after more than one year17€46k€30k▼
Financial debts170/4€46k€30k▼
Amounts payable within one year42/48€68k€47k▼
Current portion of amounts payable after more than one year42€17k€17k▲
Trade debts44€3k€205▼
Suppliers440/4€3k€205▼
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€1k▼
Remuneration and social security454/9€0€3k▲
Other amounts payable47/48€44k€25k▼
Accrued charges and deferred income492/3€122€92▼
Income statement
Code20242025
Remuneration, social security and pensions62€3k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€240€674▲
Other operating charges640/8€7k€1k▼
Gross operating margin9900€25k€20k▼
Operating profit (loss)9901€15k€19k▲
Financial income75/76B€247€1▼
Recurring financial income75€247€1▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€12k€17k▲
Income taxes67/77€183€180▼
Profit (loss) for the period9904€12k€16k▲
Profit (loss) for the period to be appropriated9905€12k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-102k€-86k▲
Profit (loss) brought forward from the previous period14P€-114k€-102k▲
The notes to these accounts (8 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after 4 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-54k ▼222%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €44k ▲9.9%
Operating result €64k, net result €44k, both a record.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
23-02-2026
Resigned as Director
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2000
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.
Annadreef 192930 BrasschaatGround area
904 m²
Building footprint
187 m²
Volume, LiDAR
1,297 m³
Parcel 11323F0065/00G005, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ben's
since 20002.115.856.446
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11323F0065/00G005 | Flanders | 904 m² | 1 · 186 m² | 11.1 m · 2 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.
Similar companies · same sector, comparable size
De Bosduif
BE 0660.988.286
Merksplas · Eq €16k
Bazelique
BE 0675.971.026
Beveren-Kruibeke-Zwijndrecht · Eq €16k
MARIE-ROSE
BE 1003.473.611
Knokke-Heist · Eq €16k
DE KORAAL
BE 0438.138.211
Antwerpen · Eq €16k
BOWL
BE 0748.623.135
Leuven · Eq €16k
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,358 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-05-2000
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
74142
81300Landscape service activities
38210Materials recovery from waste
38322Waste collection, recovery and disposal activities
38329Waste collection, recovery and disposal activities
43990Other specialised construction activities
43999Specialised construction activities
70200Business and other management consultancy
70220Business consulting
82990Other business support services
90201Performing arts by independent artists
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.