PALEIZENSTRAAT
ActiveSummary
PALEIZENSTRAAT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.83M and a net result of €797. Equity is shrinking by ~17.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 95% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▼-8
Solvency100▲+53
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
short-term debt: 0.1% and cash: 99.7% of total assets, and 1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
99%
Return on assets
0%
Age of the figures
12 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 30-09-2025 was due by 30-04-2026 and was filed on 15-01-2026, 105 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
105 d early
2024
40 d early
2023
8 d early
2022
12 d late
2020
43 d early
2019
49 d early
2018
33 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€797▼ 99.7%
2024 · €289k
2018: €1.18M
2019: €1.26M▲ +6.5% vs 2018
2020: €1.39M▲ +10.2% vs 2019
2022: €11.10Mhighest value
2023: €-199k▼ -102% vs 2022lowest value
2024: €289k▲ +245% vs 2023
2025: €797▼ -99.7% vs 2024
2018 → 2025
Working capital
€1.85M▲ 1.0%
2024 · €1.83M
2018: €-249k
2019: €-383k▼ -53.9% vs 2018
2020: €-569k▼ -48.7% vs 2019lowest value
2022: €8.24Mhighest value
2023: €8.04M▼ -2.4% vs 2022
2024: €1.83M▼ -77.2% vs 2023
2025: €1.85M▲ +1.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€11.90M-€8.24M▼ 30.7%€8.04M▼ 2.4%€1.83M▼ 77.2%€1.83M=
2020: €11.90Mhighest value
2022: €8.24M
2023: €8.04M▼ -2.4% vs 2022
2024: €1.83M▼ -77.2% vs 2023lowest value
2025: €1.83M● +0.0% vs 2024
Operating result€1.98M-€14.97M▲ 655%€-352k€42k€-57k
2020: €1.98M
2022: €14.97Mhighest value
2023: €-352k▼ -102% vs 2022lowest value
2024: €42k▲ +112% vs 2023
2025: €-57k▼ -237% vs 2024
Net result€1.39M-€11.10M▲ 701%€-199k€289k€797▼ 99.7%
2020: €1.39M
2022: €11.10Mhighest value
2023: €-199k▼ -102% vs 2022lowest value
2024: €289k▲ +245% vs 2023
2025: €797▼ -99.7% vs 2024
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €57k after €42k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.85M
Equity
€1.83M =
Debt
€18k ▼ 99.7%
Debt's share of the balance-sheet total falls from 78.3% to 1.0%. Debt is lower.
Key figures and ratios
Debt to equity
0.01▼
2024 · 3.61
ROE
0.0%▼
2024 · 15.8%
ROA
0.0%▼
2024 · 3.4%
Debt ≤ 1 year
€1k▼
2024 · €6.61M
Income taxes
€-2k▼
2024 · €55k
A ratio outside any meaningful range has been withheld (balance sheet total €1.85M, equity €1.83M).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.45M€1.85M▼
Current assets29/58€8.45M€1.85M▼
Amounts receivable within one year40/41€466k€5k▼
Trade receivables40€406k€0▼
Other amounts receivable41€60k€5k▼
Cash at bank and in hand54/58€7.98M€1.85M▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€8.45M€1.85M▼
Equity10/15€1.83M€1.83M=
Contributions10/11€1.37M€1.37M=
Profit (loss) carried forward14€460k€460k▲
Amounts payable17/49€6.61M€18k▼
Amounts payable within one year42/48€6.61M€1k▼
Trade debts44€113k€1k▼
Suppliers440/4€113k€1k▼
Taxes, remuneration and social security45€220k€0▼
Taxes450/3€220k€0▼
Other amounts payable47/48€6.28M€0▼
Accrued charges and deferred income492/3€0€17k▲
Income statement
Code20242025
Other operating charges640/8€968€998▲
Gross operating margin9900€43k€-56k▼
Operating profit (loss)9901€42k€-57k▼
Financial income75/76B€305k€56k▼
Recurring financial income75€305k€56k▼
Financial charges65/66B€3k€121▼
Recurring financial charges65€3k€121▼
Profit (loss) for the period before taxes9903€344k€-1k▼
Income taxes67/77€55k€-2k▼
Profit (loss) for the period9904€289k€797▼
Profit (loss) for the period to be appropriated9905€289k€797▼
Appropriation of the result
Profit (loss) to be appropriated9906€460k€460k▲
Profit (loss) brought forward from the previous period14P€171k€460k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €543k | €0 | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-513k | €0 | - | - | - |
| Other operating charges640/8 | - | €907k | €482k | €968 | €998 | ▲ 3.2% |
| Non-recurring operating charges66A | - | €1.62M | €0 | - | - | - |
| Gross operating margin9900 | €3.03M | €16.98M | €130k | €43k | €-56k | ▼ 231% |
| Operating profit (loss)9901 | €1.98M | €14.97M | €-352k | €42k | €-57k | ▼ 237% |
| Financial income75/76B | - | €0 | €156k | €305k | €56k | ▼ 81.5% |
| Recurring financial income75 | €12 | €0 | €156k | €305k | €56k | ▼ 81.5% |
| Financial charges65/66B | - | €121k | €4k | €3k | €121 | ▼ 95.5% |
| Recurring financial charges65 | €117k | €54k | €4k | €3k | €121 | ▼ 95.5% |
| Non-recurring financial charges66B | - | €67k | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.87M | €14.85M | €-199k | €344k | €-1k | ▼ 100% |
| Income taxes67/77 | €480k | €3.75M | €-406 | €55k | €-2k | ▼ 103% |
| Profit (loss) for the period9904 | €1.39M | €11.10M | €-199k | €289k | €797 | ▼ 99.7% |
| Profit (loss) for the period to be appropriated9905 | €1.39M | €11.10M | €-199k | €289k | €797 | ▼ 99.7% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16.01M | €9.52M | €8.23M | €8.45M | €1.85M | ▼ 78.1% |
| Fixed assets21/28 | €14.43M | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €14.43M | €0 | - | - | - | - |
| Land and buildings22 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €1.58M | €9.52M | €8.23M | €8.45M | €1.85M | ▼ 78.1% |
| Amounts receivable within one year40/41 | €103k | €8.05M | €155k | €466k | €5k | ▼ 98.9% |
| Trade receivables40 | - | €0 | €155k | €406k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €8.05M | €0 | €60k | €5k | ▼ 91.7% |
| Cash at bank and in hand54/58 | €1.46M | €1.27M | €8.04M | €7.98M | €1.85M | ▼ 76.9% |
| Deferred charges and accrued income490/1 | - | €202k | €35k | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16.01M | €9.52M | €8.23M | €8.45M | €1.85M | ▼ 78.1% |
| Equity10/15 | €11.90M | €8.24M | €8.04M | €1.83M | €1.83M | = |
| Contributions10/11 | - | €7.14M | €7.14M | €1.37M | €1.37M | = |
| Profit (loss) carried forward14 | - | €1.10M | €905k | €460k | €460k | ▲ 0.2% |
| Provisions and deferred taxes16 | €513k | €0 | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | €0 | - | - | - | - |
| Major repairs and maintenance162 | - | €0 | - | - | - | - |
| Amounts payable17/49 | €3.59M | €1.28M | €181k | €6.61M | €18k | ▼ 99.7% |
| Amounts payable after more than one year17 | €764k | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €2.15M | €1.27M | €181k | €6.61M | €1k | ▼ 100.0% |
| Current portion of amounts payable after more than one year42 | - | €1.00M | €0 | - | - | - |
| Trade debts44 | €15k | €269k | €181k | €113k | €1k | ▼ 99.1% |
| Suppliers440/4 | - | €269k | €181k | €113k | €1k | ▼ 99.1% |
| Taxes, remuneration and social security45 | - | €6k | €0 | €220k | €0 | ▼ 100% |
| Taxes450/3 | - | €6k | €0 | €220k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €0 | - | €6.28M | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €857 | €137 | €0 | €17k | - |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.39M | €11.10M | €-199k | €289k | €797 | ▼ 99.7% |
| + Depreciation and write-downs630 | €543k | €0 | - | - | - | - |
| Operating cash flow (approximation) | €1.93M | €11.10M | €-199k | €289k | €797 | ▼ 99.7% |
| Change in cash | - | - | €6.77M | €-55k | €-6.13M | ▼ 11,096% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Liquidity times 1419current ratio 1811.97
Current ratio from 1.28 to 1811.97; short-term debt falls from €6.61M to €1k.
21-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial
Back to profitnet €289k
Net result €289k after one loss-making year.
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Weakest financial yearnet €-199k
Net result drops to €-199k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 6current ratio 45.46
Current ratio from 7.47 to 45.46; short-term debt falls from €1.27M to €181k.
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 12 days late
2022
30-09
Financial
Highest result since 2018net €11.10M ▲701%
Operating result €14.97M, net result €11.10M, both a record.
30-09
Financial
Liquidity times 10current ratio 7.47
Current ratio from 0.73 to 7.47; short-term debt falls from €2.15M to €1.27M.
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 21 acts read
About the unread acts
We know of 21 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
21 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, Elsene · 1 establishment unit since 2002
Ground area
1,683 m²
Building footprint
2,433 m²
Volume, LiDAR
61,492 m³
Parcel 21807G0007/00R000, Brussels · tallest building 35.6 m, ±9 floors. Linked by address, not a title deed.
461
companies at this address
See who is registered here
1 establishment unit
Paleizenstraat
since 20022.114.475.185
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0007/00R000 | Brussels | 1,683 m² | 1 · 2,433 m² | 35.6 m · 9 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.
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Of 12,041 companies in sector 68203 we hold annual accounts for 5,989. 3,716 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded18-12-2001
Fiscal year end30-09
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.