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PALINO

Active
Private limited companyfounded 200322 years activeLatemstraat 19, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0861.971.001
Summary

PALINO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €613,262 and a net result of -€7,286. Equity remains stable across the filed fiscal years (±0.6% per year). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Activity not known1 site
Size
€777,017total assets 2026
Equity
€613,262
Loss
-€7,286
Turnover not published (abridged schema)
Financial health
87 Excellent Checked score 2026
Bankruptcy probability, 12 months
0.2%
Structure
Accounts 38 days early0 of 2 deeds read
Why 87- Liquidity: current ratio 0.00, cash €672, halved+ Size: total assets €777,017+ Equity €613,262 (78.9% of total assets)+ Founded in 2003Show the evidence

Checked score

Score 2026
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (no NACE code, micro)
Financial strength · tick = 2025
Strong
Solvency 100=
equity 78.9% of total assets
Liquidity 43=
short-term debt 21.1% · cash 0.1%
Profitability 68=
return on assets -0.9%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 0.4%● unchanged vs 04-2025highest value 06-2025: 0.4%● unchanged vs 05-2025highest value 07-2025: 0.3%▼ -0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.2%▼ -0.2 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €50,000 at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.01 in 2025; short-term debt: 21.1% and cash: 0.1% of total assets), and 21.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 26% on liquidity, 45% on profitability and 40% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €777,017
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.00, cash €672, halved
NBB · annual accounts
lowers risk · Equity €613,262 (78.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 2003
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-09-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
38 days early
2025
59 days early
2024
37 days early
2023
34 days early
2022
42 days early
2021
45 days early
2020
47 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 43 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 23 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · abbreviated…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: 8 loss-making years in a rowloss fiscal year 2026 -€7,286 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Total assets 20266 fiscal years filed €777,017 View

By topic

Financials

Fiscal year
2026
Total assets
€777,017
Loss
-€7,286
Solvency
78.9%
Total assets▼ 2.4%
Net result
20192026
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-10-2027
  1. 27-09-2023Annual accounts filed
  2. 19-09-2022Annual accounts filed
  3. 16-09-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
02-12-2003
Year ends
31-03
Peppol
Not found in the Peppol directory
Go to Company details

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