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PalliHO

Active
Non-profit associationfounded 199728 yrs activeChaussée de Renaix(TOU) 140, 7500 Tournai, BelgiumKBO/BCE: BE 0461.687.732

PalliHO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €436k and a net result of €75k. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 64% of 1257 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
100 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+15
Solvency100▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.77 against 2.35 in 2023), and 30.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 28 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
69.3%
Return on assets
11.9%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
43 d early
2023
41 d early
2022
33 d early
2021
48 d early
2020
38 d early
2019
27 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€75k▲ 45.5%
2023 · €51k
2018: €28k 2019: €-6k 2020: €61k 2021: €68k 2022: €20k 2023: €51k
2018 → 2024
Working capital
€339k▲ 25.8%
2023 · €269k
2018: €73k 2019: €73k 2020: €248k 2021: €207k 2022: €225k 2023: €269k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€223k-€290k▲ 30.3%€310k▲ 6.8%€362k▲ 16.6%€436k▲ 20.7%
Operating result€63k-€69k▲ 9.6%€21k▼ 69.7%€51k▲ 148%€74k▲ 43.6%
Net result€61k-€68k▲ 10.5%€20k▼ 70.6%€51k▲ 158%€75k▲ 45.5%
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2020: €63k€63kNet result 2020: €61k€61kOperating result 2021: €69k€69kNet result 2021: €68k€68kOperating result 2022: €21k€21kNet result 2022: €20k€20kOperating result 2023: €51k€51kNet result 2023: €51k€51kOperating result 2024: €74k€74kNet result 2024: €75k€75k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 44% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €630k
Fixed assets €100k▲ 5.6%
Current assets €530k▲ 13.2%
Equity and liabilities €630k
Equity €436k▲ 20.7%
Debt €194k▼ 3.7%
The debt ratio falls from 35.7% to 30.7%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€91k
2023 · €67k
Cash flow
€92k
2023 · €67k
Solvency
69.3%
2023 · 64.3%
Current ratio
2.77
2023 · 2.35
Quick ratio
2.77
2023 · 2.35
Debt / equity
0.44
2023 · 0.56
ROE
17.1%
2023 · 14.2%
ROA
11.9%
2023 · 9.1%
Interest coverage
92.08
2023 · 76.28
Debt
€194k
2023 · €201k
Debt ≤ 1 year
€191k
2023 · €199k
Staff costs
€863k
2023 · €840k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€563k€630k
Fixed assets21/28€94k€100k
Tangible fixed assets22/27€94k€100k
Land and buildings22€82k€75k
Plant, machinery and equipment23€12k€25k
Current assets29/58€468k€530k
Amounts receivable within one year40/41€41k€46k
Trade receivables40-€109
Other amounts receivable41€41k€46k
Cash at bank and in hand54/58€417k€475k
Deferred charges and accrued income490/1€10k€8k
Equity and liabilities
Total equity and liabilities10/49€563k€630k
Equity10/15€362k€436k
Profit (loss) carried forward14€362k€436k
Amounts payable17/49€201k€194k
Amounts payable within one year42/48€199k€191k
Current portion of amounts payable after more than one year42€734€0
Trade debts44€58k€48k
Suppliers440/4€58k€48k
Taxes, remuneration and social security45€125k€129k
Remuneration and social security454/9€125k€129k
Accrued charges and deferred income492/3€2k€2k
Income statement Code20232024
Remuneration, social security and pensions62€840k€863k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k
Other operating charges640/8€766€1k
Non-recurring operating charges66A€250-
Gross operating margin9900€908k€956k
Operating profit (loss)9901€51k€74k
Financial income75/76B€781€2k
Recurring financial income75€781€2k
Financial charges65/66B€880€992
Recurring financial charges65€880€992
Profit (loss) for the period before taxes9903€51k€75k
Profit (loss) for the period9904€51k€75k
Profit (loss) for the period to be appropriated9905€51k€75k
Appropriation of the result
Profit (loss) to be appropriated9906€362k€436k
Profit (loss) brought forward from the previous period14P€310k€362k
Social balance
Average headcount (FTE)90879.69.8

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
19-03
State Gazette act Resignations & appointments
General meeting · Director resignation3 facts ▸
  • General meeting, 09/12/2025
  • Director resignation, Vincent Brouillard (administrateur)
  • Director resignation, Christelle Verbeure (administrateur)
2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €75k ▲45.5%
Operating result €74k, net result €75k, both a record.
20-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
28-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
13-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
23-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Back to profitnet €61k
Net result €61k after one loss-making year.
31-12
Financial Equity above €200kEq €223k ▲37.8%
Equity rises from €162k to €223k.
27-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
31-12
Financial Weakest financial yearnet €-6k ▼121%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
13-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 13 days late
2018
10-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 10 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
16-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
19-03-2026 BROUILLARD Vincent: Resigned as Director
19-03-2026 VERBEURE Christelle: Resigned as Director
27-07-2023 BRUI Sabine: Resigned as Director
27-07-2023 HEUVICK Yvonne: Resigned as Director
27-07-2023 MORTIER Sophie: Resigned as Director
27-07-2023 VANNESTE Patrick: Resigned as Director
11-07-2019 Ariel DUTRIEUX: Resigned as Director
11-07-2019 CRUCQ Guillaume: Resigned as Director
11-07-2019 DOALTO Luis: Resigned as Director
11-07-2019 GYSELINCK Yves: Resigned as Director
11-07-2019 ROUNEAU Myriam: Resigned as Director
19-09-2017 STIEVENART Fernand: Resigned as Director
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 1997
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.

Chaussée de Renaix(TOU) 1407500 Tournai
Ground area
223 m²
Building footprint
47 m²
Volume, LiDAR
451 m³
Parcel 57462A0219/00M006, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ASSOCIATION REGIONALE DE CONCERTATION SUR LES SOINS PALLIATIFS DU HAINAUT OCCIDENTAL
Chaussée de Renaix(TOU) 140, 7500 TournaiNutrition and dietetics services
since 19972.163.182.944
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57462A0219/00M006 Wallonia 223 m² 1 · 47 m² 11.6 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 10,459 companies in sector 86995 we hold annual accounts for 883. 526 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded23-10-1997
Fiscal year end31-12
Abbreviation FR A.R.C.S.P.H.O.
Activities, NACEBEL
86909Human health activities
86995Nutrition and dietetics services
86999Other human health activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.