Checked.be · Company dossierhttps://checked.be/en/c/palexpo-0422189728 · as of 14-10-2026
PALEXPO
Active
Private limited company (pre-2019) · founded 1982 · active 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).
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
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0=
equity -6902.4% of total assets
Liquidity23+6
short-term debt 7002.4% · cash 18.5%
Profitability0=
return on assets -179.1%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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 months11-2024: 7.1%lowest value12-2024: 7.1%● unchanged vs 11-2024lowest value01-2025: 7.1%● unchanged vs 12-2024lowest value02-2025: 7.1%● unchanged vs 01-2025lowest value03-2025: 7.1%● unchanged vs 02-2025lowest value04-2025: 7.1%● unchanged vs 03-2025lowest value05-2025: 12.6%▲ +5.5 percentage points vs 04-2025highest value06-2025: 12.6%● unchanged vs 05-2025highest value07-2025: 12.6%● unchanged vs 06-2025highest value08-2025: 11.8%▼ -0.8 percentage points vs 07-202509-2025: 11.8%● unchanged vs 08-202510-2025: 11.8%● unchanged vs 09-202511-2025: 11.8%● unchanged vs 10-202512-2025: 11.8%● unchanged vs 11-202501-2026: 11.8%● unchanged vs 12-202502-2026: 11.8%● unchanged vs 01-202603-2026: 11.8%● unchanged vs 02-202604-2026: 11.8%● unchanged vs 03-202605-2026: 11.8%● unchanged vs 04-202606-2026: 11.8%● unchanged vs 05-202607-2026: 11.8%● unchanged vs 06-202608-2026: 11.8%● unchanged vs 07-202609-2026: 11.8%● unchanged vs 08-202610-2026: 11.8%● unchanged vs 09-2026
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.
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.