Equity
-€522,425
Debts exceed assets in financial year 2025.
Pallite
Lifetime
2 annual accounts with figures on one time axispeak €170,896 (2025)
€170,896▲ €733,784
lowest -€607,957 (2024)
€60,532▲ €668,489
peak -€522,425 (2025)
-€522,425▲ €60,532
€1.5m▲ 23.1%
peak 1 FTE (2025)
1 FTE
Board2 names since 2023
1 director
Documentsfilings and deeds
27-08-202627 days late
2025abbreviated format
Gross margin from -€562,888 to €170,896Back to profit: €60,532Permanent representatives: and 22-07Debts from €1.2m to €1.5m
Key points
from the 2025 annual accountsResult
€60,532 €60,532
Back in profit in 2025, after a loss of €607,957 in 2024.
Turnover
≈ €430,000 estimated
The abbreviated format states no turnover.
Debts
€1.5m 154% of the balance sheet
Financial debts 27%Suppliers 69%Taxes and wages 1%Other 3%
Of this, €1.0m falls due within a year.
Liquidity
0.68 was 1.16 in 2024
Short-term debts rose from €301,910 to €1.0m.
Position in the sector
-54.1%
Lower solvency than 95% of companies in paper. Sector median 49.7% · 85 companies.
2025 accounts filed 27 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,018 companies had the same profile as Pallite has now. Each dot stands for 3 companies, two years later.
89.1%
were still trading
4.1%
stopped another way
6.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,018 companies, not a prediction for Pallite. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1002348312
Permanent representatives: and
General meeting of 13-02-2026 · Gazette deed
Permanent representatives: and
General meeting of 08-05-2025 · Gazette deed
Incorporation
Issue of 25,000 shares · Appointment: (director) · Permanent representatives: and · published on 21-11-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Pallite Herentals | €966,099 | €0.2m | -54.1% | 1 |
| INTERBOARD Hoogstraten | €841,076 | €0.2m | -15.0% | - |
| COMPOLAM Merelbeke-Melle | €260,588 | €0.09m | 87.4% | - |
| Durico Imaging Machelen (Brab.) | €373,134 | €0.1m | 30.8% | - |
| Dekaplast Belgium Turnhout | €903,488 | €1.3m | -6.1% | 17 |
| BALPACK Ternat | €186,446 | €0.01m | 14.3% | - |
| KDG Halle | €354,439 | €0.09m | 44.2% | - |
These companies have the same main activity as Pallite: manufacture of paper and paper products (NACE 17120). They are comparable in size and age: total assets between €186,000 and €903,000, founded between 2014 and 2023.
Official details
Source: KBO- Status
- Active since 16-11-2023Normal situation
- Registered office
- 90 active companies are registered at this address9 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Manufacture of paper and paper productsNACE 17120and 3 others
- Establishment unit
- 2.352.151.1192200 Herentals, since 16-11-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Insights on Pallite
Pallite has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€522,425) and a net result of €60,532.
Its solvency ranks better than 5% of 85 sector peers (NACE 17, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Pallite
- What is the company number of Pallite?
- The company number of Pallite is 1002.348.312. The VAT number is the same number with BE in front: BE 1002.348.312.
- Where is Pallite based?
- The registered office is at Atealaan 34, 2200 Herentals.Company details
- What does Pallite do?
- According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17120).
- What is the legal form of Pallite?
- Pallite is a private limited company (BV).
- When was Pallite founded?
- Pallite was founded on 16-11-2023.
- Is Pallite still active?
- Yes, Pallite is an active enterprise in the KBO register.
- How many employees does Pallite have?
- Pallite had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Pallite?
- The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €170,896 and 1,651 comparable companies of the same size. It probably lies between €260,000 and €810,000. It is a rough estimate.
- Is Pallite profitable?
- In financial year 2025, Pallite made a profit of €60,532.
- Where can I find the annual accounts of Pallite?
- Pallite filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Pallite due?
- Pallite must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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