Pallen Properties
ActiveSummary
Pallen Properties has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €156,484. Equity has been growing by about 21% per year since 2019. Its solvency ranks better than 45% of 11,268 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 24-01-1991 Normal situation
- Registered office
- 25 active companies are registered at this address 9 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Development of residential building projects NACE 68121and 1 other
- Establishment unit
- 2.053.147.530 8300 Knokke-Heist, since 04-08-1999
- Financial year end
- 30 September
- Peppol
- Reachable since 26-10-2026
Board and ownership
- BV LVH INVESTManaging director · permanent representative Louis Van Hoorebeke
- AGENTSCHAP PALLENDirector · since 01-01-2022 · permanent representative VAN HOOREBEKE Bernard
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €300,770
- ▼ 28.5%
- Turnover
- ≈ €530,000
- estimated
- Profit
- €156,484
- ▼ 40.1%
- Equity
- €2.2m
- ▲ 7.8%
- Total assets
- €8.4m
- ▲ 8.2%
Score breakdownraises riskLiquidity: current ratio 1.27, cash €27,0831 change of registered office in 24 monthslowers riskSize: total assets €8.4mFigures for financial year 2025 (filed on 17-12-2025)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 (NACE 68, small). It does better than 46% of them on solvency, 11% on liquidity, 75% on profitability and 69% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 120 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: More equity than 85% of companies in real estatesector median €301,216 · 11,273 companies €2.2m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Caution: Result fell in 2025from €261,053 to €156,484 ▼ 40.1% View
- Positive: 6 profitable years in a rowprofit 2025: €156,484 6 years View
Recent changes
- · Gazette deed Registered office moved within Knokke-HeistNew registered office: Duinenwater 2, 8300 Knokke-Heist · Previous registered office: Sparrendreef 90, 8300 Knokke-Heist · Appointment: BV LVH INVEST (director)
- · Gazette deed Company renamed from BEDI to Pallen PropertiesResignations: ROCHER Sofie (director) and VAN HOOREBEKE Bernard (director) · Appointment: AGENTSCHAP PALLEN (sole director) · Permanent representative: VAN HOOREBEKE Bernard
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Pallen Properties: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €7m and €9.7m, founded between 1988 and 1993.
| Company | Total assets | Gross margin |
|---|---|---|
| Pallen Properties Knokke-Heist | €8.4m | €0.3m |
| NEPTUNE Middelkerke | €7.0m | €0.4m |
| BVL MANAGEMENT Profondeville | €8.4m | €0.3m |
| Immo Mortier Aalter | €8.4m | €0.3m |
| IMMOTRION Ghent | €9.7m | €0.2m |
| KASTELET Beringen | €7.1m | €0.3m |
| TIBIMMO Ghent | €7.2m | €0.2m |
Key facts about Pallen Properties
- What is the company number of Pallen Properties?
- The company number of Pallen Properties is 0443.108.173. The VAT number is the same number with BE in front: BE 0443.108.173.
- Where is Pallen Properties based?
- The registered office is at Duinenwater 2, 8300 Knokke-Heist.Company details
- What does Pallen Properties do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of Pallen Properties?
- Pallen Properties is a public limited company (NV).
- When was Pallen Properties founded?
- Pallen Properties was founded on 24-01-1991.
- Is Pallen Properties still active?
- Yes, Pallen Properties is an active enterprise in the KBO register.
- What is the turnover of Pallen Properties?
- The turnover in financial year 2025 is ≈ €530,000. This figure is estimated from the gross margin of €300,770 and 42 comparable companies (NACE 681). It probably lies between €410,000 and €880,000.Financials
- Is Pallen Properties profitable?
- In financial year 2025, Pallen Properties made a profit of €156,484.
- Where can I find the annual accounts of Pallen Properties?
- Pallen Properties filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Pallen Properties due?
- Pallen Properties must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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