PALGO
BankruptcySummary
The KBO register records for PALGO the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (-€241,695) and a net result of -€242,875.
Are you a creditor?
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Writing about this bankruptcy? Put the card of PALGO in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
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Signals
This company filed its last 2 accounts on average 24 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
History
Go further with this company
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | €761,230 | €1.1m | ▲ 40.3% |
| Non-recurring operating income76A | - | €2,812 | - |
| Goods, raw materials, services and sundry goods60/61 | €511,593 | €809,309 | ▲ 58.2% |
| Remuneration, social security and pensions62 | €246,685 | €504,212 | ▲ 104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,693 | €1,752 | ▲ 3.5% |
| Other operating charges640/8 | €4,979 | €106 | ▼ 97.9% |
| Gross operating margin9900 | €256,084 | €261,484 | ▲ 2.1% |
| Operating profit (loss)9901 | €2,728 | -€244,586 | ▼ 9,066% |
| Financial income75/76B | - | €2,064 | - |
| Recurring financial income75 | - | €2,064 | - |
| Financial charges65/66B | €1,200 | €353 | ▼ 70.6% |
| Recurring financial charges65 | €1,200 | €353 | ▼ 70.6% |
| Profit (loss) for the period before taxes9903 | €1,528 | -€242,875 | ▼ 15,999% |
| Income taxes67/77 | €1,348 | - | - |
| Profit (loss) for the period9904 | €180 | -€242,875 | ▼ 135,068% |
| Profit (loss) for the period to be appropriated9905 | €180 | -€242,875 | ▼ 135,068% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €153,357 | €223,812 | ▲ 45.9% |
| Fixed assets21/28 | €3,564 | €3,412 | ▼ 4.3% |
| Tangible fixed assets22/27 | €3,564 | €3,412 | ▼ 4.3% |
| Furniture and vehicles24 | €3,564 | €3,412 | ▼ 4.3% |
| Current assets29/58 | €149,793 | €220,400 | ▲ 47.1% |
| Amounts receivable within one year40/41 | €77,369 | €193,088 | ▲ 150% |
| Trade receivables40 | €76,369 | €192,088 | ▲ 152% |
| Other amounts receivable41 | €1,000 | €1,000 | = |
| Cash at bank and in hand54/58 | €72,424 | €27,312 | ▼ 62.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €153,357 | €223,812 | ▲ 45.9% |
| Equity10/15 | €1,180 | -€241,695 | ▼ 20,583% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Capital10 | €1,000 | €1,000 | = |
| Issued capital100 | €1,000 | €1,000 | = |
| Reserves13 | €180 | €180 | = |
| Distributable reserves133 | €180 | €180 | = |
| Profit (loss) carried forward14 | - | -€242,875 | - |
| Amounts payable17/49 | €152,177 | €465,506 | ▲ 206% |
| Amounts payable within one year42/48 | €152,177 | €465,506 | ▲ 206% |
| Trade debts44 | €32,054 | €448,896 | ▲ 1,300% |
| Suppliers440/4 | €32,054 | €448,896 | ▲ 1,300% |
| Taxes, remuneration and social security45 | €120,122 | €16,610 | ▼ 86.2% |
| Taxes450/3 | €34,802 | €1,348 | ▼ 96.1% |
| Remuneration and social security454/9 | €85,321 | €15,263 | ▼ 82.1% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €180 | -€242,875 | ▼ 135,068% |
| + Depreciation and write-downs630 | €1,693 | €1,752 | ▲ 3.5% |
| Operating cash flow (approximation) | €1,873 | -€241,122 | ▼ 12,975% |
| Investment in fixed assets (approximation) | - | -€1,600 | - |
| Change in cash | - | -€45,112 | - |
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
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0126/00A002 | Brussels | 1,616 m² | 1 · 1,089 m² | 12.7 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.