Pallix
ActiveSummary
Pallix has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €777k and a net result of €-41k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 59% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-9
Solvency89▲+2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.42 against 1.09 in 2024; short-term debt: 3% and cash: 1.3% of total assets), and 36% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64%
Return on assets
-3.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
1 d early
2021
128 d late
2020
92 d late
2019
145 d late
2018
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€777k▼ 5.0%
2024 · €818k
2018: €836k
2019: €824k
2020: €826k
2021: €829k
2023: €766k
2024: €818k
2018 → 2025
Total assets
€1.22M▼ 7.4%
2024 · €1.31M
2018: €1.36M
2019: €1.37M
2020: €1.35M
2021: €1.36M
2023: €1.24M
2024: €1.31M
2018 → 2025
Net result
€-41k
2024 · €52k
2018: €2k
2019: €-12k
2020: €2k
2021: €3k
2023: €-46k
2024: €52k
2018 → 2025
Working capital
€-21k
2024 · €5k
2018: €-7k
2019: €23k
2020: €-40k
2021: €-21k
2023: €-29k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€826k-€829k▲ 0.4%€766k▼ 7.5%€818k▲ 6.7%€777k▼ 5.0%
Operating result€7k-€23k▲ 230%€-41k€57k€-35k
Net result€2k-€3k▲ 60.7%€-46k€52k€-41k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €35k after €57k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.22M
Fixed assets
€1.20M ▼ 4.2%
Current assets
€15k ▼ 74.0%
Equity and liabilities €1.22M
Equity
€777k ▼ 5.0%
Debt
€438k ▼ 11.3%
Debt's share of the balance-sheet total falls from 37.6% to 36.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€64k▼
2024 · €143k
Cash flow
€58k▼
2024 · €138k
Current ratio
0.42▼
2024 · 1.09
Debt to equity
0.56▼
2024 · 0.60
ROE
-5.2%▼
2024 · 6.3%
ROA
-3.4%▼
2024 · 3.9%
Interest coverage
10.02▼
2024 · 27.62
Debt ≤ 1 year
€37k▼
2024 · €54k
Debt > 1 year
€353k▼
2024 · €390k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.31M€1.22M▼
Fixed assets21/28€1.25M€1.20M▼
Tangible fixed assets22/27€1.25M€1.20M▼
Land and buildings22€1.25M€1.20M▼
Plant, machinery and equipment23€464€348▼
Current assets29/58€59k€15k▼
Amounts receivable within one year40/41€14€82▲
Other amounts receivable41€14€82▲
Cash at bank and in hand54/58€59k€15k▼
Equity and liabilities
Total equity and liabilities10/49€1.31M€1.22M▼
Equity10/15€818k€777k▼
Contributions10/11€520k€520k=
Capital10€520k€520k=
Issued capital100€520k€520k=
Revaluation surpluses12€998k€998k=
Profit (loss) carried forward14€-700k€-741k▼
Amounts payable17/49€494k€438k▼
Amounts payable after more than one year17€390k€353k▼
Financial debts170/4€386k€350k▼
Other amounts payable178/9€4k€3k▼
Amounts payable within one year42/48€54k€37k▼
Current portion of amounts payable after more than one year42€35k€30k▼
Trade debts44€14k€262▼
Suppliers440/4€14k€262▼
Other amounts payable47/48€5k€6k▲
Accrued charges and deferred income492/3€49k€48k▼
Income statement
Code20242025
Non-recurring operating income76A€90k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€99k▲
Other operating charges640/8€23k€23k▼
Gross operating margin9900€167k€87k▼
Operating profit (loss)9901€57k€-35k▼
Financial income75/76B€46€274▲
Recurring financial income75€46€274▲
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€52k€-41k▼
Profit (loss) for the period9904€52k€-41k▼
Profit (loss) for the period to be appropriated9905€52k€-41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-700k€-741k▼
Profit (loss) brought forward from the previous period14P€-752k€-700k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €52k
Net result €52k after one loss-making year.
30-09
Financial
Liquidity triplescurrent ratio 1.09
Current ratio from 0.42 to 1.09.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-46k ▼1499%
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
2022
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 128 days late
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Waregem · 1 establishment unit since 1977
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.
Stormestraat 878790 WaregemGround area
2,296 m²
Building footprint
191 m²
Volume, LiDAR
2,428 m³
Parcel 34040C1127/02W000, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Stormestraat 87, 8790 Waregem
since 19772.014.198.466
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C1127/02W000 | Flanders | 2,296 m² | 1 · 191 m² | 15.7 m · 4 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.
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Of 2,713 companies in sector 73200 we hold annual accounts for 1,783. 1,185 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-11-1977
Fiscal year end30-09
Activities, NACEBEL 2025
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.