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PALITIMMO

Active
Public limited companyfounded 199036 yrs activeZeedijk 20, 8420 De Haan, BelgiumKBO/BCE: BE 0440.538.366
Summary

PALITIMMO has been active since 1990 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2025 annual accounts show equity of €42,378 and a net result of -€352. Equity is growing by ~5.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability37▼-17
Solvency70=
Growth78=
Track record84
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
short-term debt: 55.1% of total assets, and 55.1% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
44.9%
Return on assets
-0.4%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-02-2026, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
1 d late
2024
366 d late
2023
732 d late
2022
1097 d late
2021
1462 d late
2020
1827 d late
2019
9 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 785 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
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Late accounts filingStrikeout withdrawn
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 1 February (4 of the last 5 filed years within 730 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline

History

PALITIMMO was incorporated on 5 April 1990.1 Total assets rose from EUR 78,980 in 2019 to EUR 94,347 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€42,378▼ 0.8%
2024 · €42,730
Total assets
€94,347=
2024 · €94,347
Net result
-€352
2024 · €6,394
Working capital
Not included in this filing
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
Line20212022202320242025
Operating result€2,538▲ 1.7%€1,690▼ 33.4%€3,587▲ 112%€6,638▲ 85.1%€3,615▼ 45.5%
Net result€1,814€807▼ 55.5%€2,857▲ 254%€6,394▲ 124%-€352
Equity€32,672▲ 5.9%€33,479▲ 2.5%€36,336▲ 8.5%€42,730▲ 17.6%€42,378▼ 0.8%
Total assets€94,347▲ 19.5%€94,347=€94,347=€94,347=€94,347=
Debt€61,675▲ 28.2%€60,868▼ 1.3%€58,011▼ 4.7%€51,617▼ 11.0%€51,969▲ 0.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000€0€2,000€4,000€6,000Operating result 2021: €2,538€2,538Net result 2021: €1,814€1,814Operating result 2022: €1,690€1,690Net result 2022: €807€807Operating result 2023: €3,587€3,587Net result 2023: €2,857€2,857Operating result 2024: €6,638€6,638Net result 2024: €6,394€6,394Operating result 2025: €3,615€3,615Net result 2025: -€352-€35220212022202320242025-€2,000€0€2,000€4,000€6,000Operating result 2023: €3,587€3,590Net result 2023: €2,857€2,860Operating result 2024: €6,638€6,640Net result 2024: €6,394€6,390Operating result 2025: €3,615€3,620Net result 2025: -€352-€352202320242025
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €94,347
Equity €42,378 ▼ 0.8%
Debt €51,969 ▲ 0.7%
Debt's share of the balance-sheet total rises from 54.7% to 55.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
1.23▲
2024 · 1.21
ROE
-0.8%▼
2024 · 15.0%
ROA
-0.4%▼
2024 · 6.8%
Debt ≤ 1 year
€51,969▲
2024 · €51,617
Income taxes
€3,967
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€94,347€94,347=
Fixed assets21/28€94,347€94,347=
Tangible fixed assets22/27€94,347€94,347=
Land and buildings22€21,691€21,691=
Other tangible fixed assets26€72,656€72,656=
Equity and liabilities
Total equity and liabilities10/49€94,347€94,347=
Equity10/15€42,730€42,378▼
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Reserves13€11,516€11,516=
Tax-exempt reserves132€11,516€11,516=
Profit (loss) carried forward14-€30,759-€31,111▼
Amounts payable17/49€51,617€51,969▲
Amounts payable within one year42/48€51,617€51,969▲
Other amounts payable47/48€51,617€51,969▲
Income statement Code20242025
Non-recurring operating income76A€2,288-
Other operating charges640/8€967€2,284▲
Gross operating margin9900€7,605€5,899▼
Operating profit (loss)9901€6,638€3,615▼
Financial charges65/66B€244-
Recurring financial charges65€244-
Profit (loss) for the period before taxes9903€6,394€3,615▼
Income taxes67/77-€3,967
Profit (loss) for the period9904€6,394-€352▼
Profit (loss) for the period to be appropriated9905€6,394-€352▼
Appropriation of the result
Profit (loss) to be appropriated9906-€30,759-€31,111▼
Profit (loss) brought forward from the previous period14P-€37,153-€30,759▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€2,288--
Other operating charges640/8€2,109€3,229€1,994€967€2,284▲ 136%
Gross operating margin9900€4,647€4,919€5,581€7,605€5,899▼ 22.4%
Operating profit (loss)9901€2,538€1,690€3,587€6,638€3,615▼ 45.5%
Financial charges65/66B-€205-€244--
Recurring financial charges65-€205-€244--
Profit (loss) for the period before taxes9903€2,538€1,485€3,587€6,394€3,615▼ 43.5%
Income taxes67/77€724€678€730-€3,967-
Profit (loss) for the period9904€1,814€807€2,857€6,394-€352▼ 106%
Profit (loss) for the period to be appropriated9905€1,814€807€2,857€6,394-€352▼ 106%
Line20212022202320242025Change
Assets
Total assets20/58€94,347€94,347€94,347€94,347€94,347=
Fixed assets21/28€94,347€94,347€94,347€94,347€94,347=
Tangible fixed assets22/27€94,347€94,347€94,347€94,347€94,347=
Land and buildings22€21,691€21,691€21,691€21,691€21,691=
Other tangible fixed assets26€72,656€72,656€72,656€72,656€72,656=
Equity and liabilities
Total equity and liabilities10/49€94,347€94,347€94,347€94,347€94,347=
Equity10/15€32,672€33,479€36,336€42,730€42,378▼ 0.8%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10€61,973€61,973€61,973€61,973€61,973=
Issued capital100€61,973€61,973€61,973€61,973€61,973=
Reserves13€11,516€11,516€11,516€11,516€11,516=
Tax-exempt reserves132€11,516€11,516€11,516€11,516€11,516=
Profit (loss) carried forward14-€40,817-€40,010-€37,153-€30,759-€31,111▼ 1.1%
Amounts payable17/49€61,675€60,868€58,011€51,617€51,969▲ 0.7%
Amounts payable within one year42/48€61,675€60,868€58,011€51,617€51,969▲ 0.7%
Other amounts payable47/48€61,675€60,868€58,011€51,617€51,969▲ 0.7%
Line20212022202320242025Change
Profit (loss) for the period9904€1,814€807€2,857€6,394-€352▼ 106%
Operating cash flow (approximation)€1,814€807€2,857€6,394-€352▼ 106%
Investment in fixed assets (approximation)-€0€0€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
13-02
KBO administration Strikeout withdrawn
event 01-02-2026
01-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 1 day late
01-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 366 days late
01-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 732 days late
01-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 1097 days late
01-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1462 days late
01-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 1827 days late
2024
30-06
Financial Highest result since 2019net €6,394 ▲124%
Operating result €6,638, net result €6,394, both a record.
01-03
KBO administration Late accounts filing
event 19-02-2024
2021
30-06
Financial Back to profitnet €1,814
Net result €1,814 after 2 loss-making years.
2020
09-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 9 days late
2019
09-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 190 days late
09-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 555 days late
09-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 920 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, De Haan · 1 establishment unit since 1990
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Zeedijk 208420 De Haan
Ground area
120 m²
Building footprint
120 m²
Volume, LiDAR
2,598 m³
Parcel 31038A0335/00P004, Flanders · tallest building 29.5 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
PALITIMMO
Zeedijk-Wenduine 20, 8420 De HaanNACE 70201
since 19902.048.235.568
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31038A0335/00P004 Flanders 120 m² 1 · 120 m² 29.5 m · 9 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.

Identification & contact

Identification
Legal formPublic limited company
Founded05-04-1990
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.