Skip to content

PALEXPO

Active
Private limited company (pre-2019)founded 1982active for 44 yearsChaussée de Gramptinne 34, 5340 Gesves, BelgiumKBO/BCE: BE 0422.189.728
Summary

The computed 12-month bankruptcy probability of PALEXPO is 11.8% (high). For PALEXPO, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€194,855) and a net result of -€5,057. Equity is shrinking by about 2.7% per year across the filed financial years. The company has been active since 1982 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Activity not known1 site
Size
€3,000turnover 2021
Equity
-€194,855
Loss
-€5,057
Financial health
Bankruptcy probabilitywithin 12 months
11.8%
2021 figures too old to score
Structure
Accounts 1171 days overdue0 of 1 deed read
Signalsraises riskFigures for financial year 2021 (filed 06-07-2022)Loss of €5,057, the second in a row (financial year 2021)Two or more financial years not filedAdministrative warnings in the KBO publicationslowers riskSize: turnover €3,000, total assets €2,823Founded in 1982neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Weak
Solvency 0=
equity -6902.4% of total assets
Liquidity 23+6
short-term debt 7002.4% · cash 18.5%
Profitability 0=
return on assets -179.1%
Bankruptcy probability, 12 months
11.8% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 7.1%lowest value 12-2024: 7.1%● unchanged vs 11-2024lowest value 01-2025: 7.1%● unchanged vs 12-2024lowest value 02-2025: 7.1%● unchanged vs 01-2025lowest value 03-2025: 7.1%● unchanged vs 02-2025lowest value 04-2025: 7.1%● unchanged vs 03-2025lowest value 05-2025: 12.6%▲ +5.5 percentage points vs 04-2025highest value 06-2025: 12.6%● unchanged vs 05-2025highest value 07-2025: 12.6%● unchanged vs 06-2025highest value 08-2025: 11.8%▼ -0.8 percentage points vs 07-2025 09-2025: 11.8%● unchanged vs 08-2025 10-2025: 11.8%● unchanged vs 09-2025 11-2025: 11.8%● unchanged vs 10-2025 12-2025: 11.8%● unchanged vs 11-2025 01-2026: 11.8%● unchanged vs 12-2025 02-2026: 11.8%● unchanged vs 01-2026 03-2026: 11.8%● unchanged vs 02-2026 04-2026: 11.8%● unchanged vs 03-2026 05-2026: 11.8%● unchanged vs 04-2026 06-2026: 11.8%● unchanged vs 05-2026 07-2026: 11.8%● unchanged vs 06-2026 08-2026: 11.8%● unchanged vs 07-2026 09-2026: 11.8%● unchanged vs 08-2026 10-2026: 11.8%● unchanged vs 09-2026
Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2021 (filed 06-07-2022)
NBB · annual accounts
lowers risk · Size: turnover €3,000, total assets €2,823
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1982
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €5,057, the second in a row (financial year 2021)
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2022 year end31-07-2023 deadline14-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 05-07-2022, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
26 days early
2020
85 days late
2019
63 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 41 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
  1. UBO non-complianceevent 31-03-2025
  2. Annual accounts filedfinancial year 2021 · full…
  3. Annual accounts filedfinancial year 2020 · full…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2023 1171 days late View
  • Risk: Negative equityfinancial year 2021: debts exceed assets -€194,855 View
  • Risk: 4 loss-making years in a rowloss financial year 2021 -€5,057 View

By topic

Financials

Financial year
2021
Turnover
€3,000
Loss
-€5,057
Solvency
-6902.4%
Go to Financials

Timeline

Events
40
Since
1983
  1. 02-10-2020Annual accounts filed
  2. 31-12-2019Weakest financial year
  3. 13-11-2019Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
08-04-1982
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.