PALETTOPHILE
ActivePALETTOPHILE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €2k. Equity is shrinking by ~16% per year across the filed fiscal years. Its solvency ranks better than 44% of 536 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
81
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency68▲+42
Growth58=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.18 in 2024), but 63.8% of the assets are financed with debt.
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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €12k
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 20-07-2026, 11 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
11 d early
2024
54 d late
2023
14 d late
2022
114 d late
2021
31 d late
2020
163 d late
2019
14 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€133k
EBIT margin
-2.7%
Net result
€2k▼ 71.0%
2024 · €8k
2019: €-4k
2020: €8k
2021: €-2k
2022: €-7k
2023: €-13k
2024: €8k
2019 → 2025
Working capital
€11k▲ 29.1%
2024 · €8k
2019: €-883
2020: €6k
2021: €9k
2022: €8k
2023: €-73
2024: €8k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€13k▼ 33.8%€703▼ 94.8%€9k▲ 1,209%€12k▲ 26.8%
Operating result€-1k-€-6k▼ 499%€-12k▼ 92.3%€7k€978▼ 86.4%
Net result€-2k-€-7k▼ 192%€-13k▼ 85.8%€8k€2k▼ 71.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 86% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32k
Fixed assets
€1k▲ 7.0%
Current assets
€31k▼ 42.3%
Equity and liabilities €32k
Equity
€12k▲ 26.8%
Debt
€21k▼ 55.1%
The debt ratio falls from 83.3% to 63.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€2k▼
2024 · €8k
Cash flow
€3k▼
2024 · €9k
Solvency
36.2%▲
2024 · 16.7%
Current ratio
1.52▲
2024 · 1.18
Quick ratio
0.89▲
2024 · 0.75
Debt / equity
1.76▼
2024 · 4.98
ROE
21.1%▼
2024 · 92.4%
ROA
7.6%▼
2024 · 15.4%
Interest coverage
4.38▼
2024 · 25.56
Debt
€21k▼
2024 · €46k
Debt ≤ 1 year
€21k▼
2024 · €46k
Income taxes
€66
Staff costs
€19k▼
2024 · €25k
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€55k€32k▼
Fixed assets21/28€980€1k▲
Tangible fixed assets22/27€980€1k▲
Plant, machinery and equipment23€750€1k▲
Furniture and vehicles24€230€17▼
Current assets29/58€54k€31k▼
Stocks and contracts in progress3€20k€13k▼
Stocks30/36€20k€13k▼
Amounts receivable within one year40/41€14k€6k▼
Trade receivables40€9k€3k▼
Other amounts receivable41€5k€3k▼
Cash at bank and in hand54/58€19k€10k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€55k€32k▼
Equity10/15€9k€12k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-9k€-7k▲
Amounts payable17/49€46k€21k▼
Amounts payable within one year42/48€46k€21k▼
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Advances received on contracts in progress46€28k€5k▼
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€389€66▼
Remuneration and social security454/9€8k€5k▼
Other amounts payable47/48€5k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€25k€19k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€416€541▲
Other operating charges640/8€844€836▼
Gross operating margin9900€33k€21k▼
Operating profit (loss)9901€7k€978▼
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€3k€347▼
Recurring financial charges65€297€347▲
Non-recurring financial charges66B€3k-
Profit (loss) for the period before taxes9903€8k€3k▼
Income taxes67/77-€66
Profit (loss) for the period9904€8k€2k▼
Profit (loss) for the period to be appropriated9905€8k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-7k▲
Profit (loss) brought forward from the previous period14P€-18k€-9k▲
The notes to these accounts (6 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 114 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 163 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Héron · 1 establishment unit since 2018
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.
Rue de Boingt 144217 HéronGround area
3,993 m²
Building footprint
258 m²
Volume, LiDAR
1,146 m³
2 parcels, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PALETTOPHILE
since 20182.281.468.803
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61028B0061/00M000 | Wallonia | 2,383 m² | 1 · 131 m² | - |
| 61028D0294/00B000 | Wallonia | 1,610 m² | 1 · 127 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 763 companies in sector 16281 we hold annual accounts for 157. 63 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2018
Fiscal year end31-12
Activities, NACEBEL
16281Manufacture of other wood products
31009Manufacture of furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.