Palico
Open bankruptcyA bankruptcy procedure is open for Palico according to publications in the Belgian State Gazette; curator: PAUL VAN ROMPAEY.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €172,336 and a net result of €108,900.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Brussels
- Declared bankrupt
- 31 March 2026
- Supervising judge
- Dirk Van Strijthem
- Official Gazette
- 07-04-2026 (pdf) ↗search the document for 2026/114891
Deadlines
- Provisional date payments stopped
- 31 March 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 22 April 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 30 April 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 6 May 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 31 March 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Paul Van RompaeyZandberg 19, 2260 Westerloinfo@ledeganck.com
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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
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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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-02-2024, 163 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
163 d early
2022
177 d late
2021
19 d late
2020
384 d late
2019
6 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 85 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 publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€172,336▲ 172%
2022 · €63,436
Total assets
€451,747▲ 279%
2022 · €119,081
Net result
€108,900▲ 50.7%
2022 · €72,258
Working capital
€172,336▲ 172%
2022 · €63,436
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€10,520▼ 1.0%-€2,066▲ 80.4%-€987▲ 52.2%€72,257€108,937▲ 50.8%
Net result-€10,894▼ 2.7%-€1,768▲ 83.8%-€1,007▲ 43.1%€72,258€108,900▲ 50.7%
Equity-€6,047-€7,815▼ 29.2%-€8,822▼ 12.9%€63,436€172,336▲ 172%
Total assets€3,745▼ 31.0%€26▼ 99.3%€1,520▲ 5,735%€119,081▲ 7,737%€451,747▲ 279%
Debt€9,792▲ 1,588%€7,841▼ 19.9%€10,341▲ 31.9%€55,645▲ 438%€279,411▲ 402%
Working capital-€6,047-€7,815▼ 29.2%-€8,822▼ 12.9%€63,436€172,336▲ 172%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2023 is 51% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €451,747
Equity
€172,336 ▲ 172%
Debt
€279,411 ▲ 402%
Debt's share of the balance-sheet total rises from 46.7% to 61.9%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.62▼
2022 · 2.14
Debt to equity
1.62▲
2022 · 0.88
ROE
63.2%▼
2022 · 113.9%
ROA
24.1%▼
2022 · 60.7%
Debt ≤ 1 year
€279,411▲
2022 · €55,645
Staff costs
€1,350
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €1,350 | - |
| Other operating charges640/8 | - | €558 | - | €1,003 | €519 | ▼ 48.3% |
| Gross operating margin9900 | -€8,969 | -€1,508 | -€987 | €73,261 | €110,806 | ▲ 51.2% |
| Operating profit (loss)9901 | -€10,520 | -€2,066 | -€987 | €72,257 | €108,937 | ▲ 50.8% |
| Financial income75/76B | - | €500 | - | €1 | €24 | ▲ 4,680% |
| Recurring financial income75 | €182 | €500 | - | €1 | €24 | ▲ 4,680% |
| Non-recurring financial income76B | - | €500 | - | - | - | - |
| Financial charges65/66B | - | €202 | €20 | - | €61 | - |
| Recurring financial charges65 | €556 | €202 | €20 | - | €61 | - |
| Profit (loss) for the period before taxes9903 | -€10,894 | -€1,768 | -€1,007 | €72,258 | €108,900 | ▲ 50.7% |
| Profit (loss) for the period9904 | -€10,894 | -€1,768 | -€1,007 | €72,258 | €108,900 | ▲ 50.7% |
| Profit (loss) for the period to be appropriated9905 | -€10,894 | -€1,768 | -€1,007 | €72,258 | €108,900 | ▲ 50.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3,745 | €26 | €1,520 | €119,081 | €451,747 | ▲ 279% |
| Current assets29/58 | €3,745 | €26 | €1,520 | €119,081 | €451,747 | ▲ 279% |
| Amounts receivable after more than one year29 | - | - | - | - | €260,000 | - |
| Trade receivables290 | - | - | - | - | €260,000 | - |
| Amounts receivable within one year40/41 | €202 | - | - | €62,915 | €184,563 | ▲ 193% |
| Trade receivables40 | - | - | - | €40,641 | €67,877 | ▲ 67.0% |
| Other amounts receivable41 | - | - | - | €22,274 | €116,685 | ▲ 424% |
| Current investments50/53 | - | - | - | - | €3,657 | - |
| Cash at bank and in hand54/58 | €3,543 | €26 | €1,520 | €56,166 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €3,527 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3,745 | €26 | €1,520 | €119,081 | €451,747 | ▲ 279% |
| Equity10/15 | -€6,047 | -€7,815 | -€8,822 | €63,436 | €172,336 | ▲ 172% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€26,507 | -€28,275 | -€29,282 | €42,976 | €151,876 | ▲ 253% |
| Amounts payable17/49 | €9,792 | €7,841 | €10,341 | €55,645 | €279,411 | ▲ 402% |
| Amounts payable within one year42/48 | €9,792 | €7,841 | €10,341 | €55,645 | €279,411 | ▲ 402% |
| Trade debts44 | €23 | - | - | €7,055 | €182,954 | ▲ 2,493% |
| Suppliers440/4 | - | - | - | €7,055 | €182,954 | ▲ 2,493% |
| Taxes, remuneration and social security45 | - | - | - | €7,475 | €72,670 | ▲ 872% |
| Taxes450/3 | - | - | - | €7,475 | €71,170 | ▲ 852% |
| Remuneration and social security454/9 | - | - | - | - | €1,500 | - |
| Other amounts payable47/48 | - | €7,841 | €10,341 | €41,115 | €23,787 | ▼ 42.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,894 | -€1,768 | -€1,007 | €72,258 | €108,900 | ▲ 50.7% |
| Operating cash flow (approximation) | -€10,894 | -€1,768 | -€1,007 | €72,258 | €108,900 | ▲ 50.7% |
| Change in cash | - | -€3,517 | €1,493 | €54,646 | - | - |
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
2026
07-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 31-03-2026
2025
08-08
KBO administration
Address struck
2024
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 177 days late
2023
31-12
Financial
Highest result since 2018net €108,900 ▲50.7%
Operating result €108,937, net result €108,900, both a record.
31-12
Financial
Equity above €150,000Eq €172,336 ▲172%
2 profitable years in a row build equity to €172,336.
2022
31-12
Financial
Back to profitnet €72,258
Net result €72,258 after 4 loss-making years.
31-12
Financial
Liquidity times 15current ratio 2.14
Current ratio from 0.15 to 2.14.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 384 days late
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
31-12
Financial
Weakest financial yearnet -€10,894
Net result drops to -€10,894, the lowest in the series.
Show earlier events
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
03-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 3 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Sint-Agatha-Berchem · 1 establishment unit since 2010
Ground area
290 m²
Building footprint
293 m²
Volume, LiDAR
2,049 m³
Parcel 21342B0043/00F003, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
295
companies at this address
See who is registered here
1 establishment unit
Palico
since 20102.187.548.453
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PAUL VAN ROMPAEY ZANDBERG 19, 2260 WESTERLO- |
31-03-2026 → present |
Identification & contact
Identification
Legal formPrivate limited company
Founded12-04-2010
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0824922048
Also
9925:BE0824922048
Registered
14-09-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.