Palm Technology Services
The computed 12-month bankruptcy probability of Palm Technology Services is 0.9% (low). The 2024 annual accounts show equity of €132k and a net result of €62k. Its solvency ranks better than 54% of 7332 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €132k |
| Net result | €62k |
| Staff (FTE) | 2 |
| Better than sector | 54% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 67.4% | 65.0% | |
| Net result | €62k | €32k | |
| Equity | €132k | €58k | |
| Gross operating margin | €215k | €52k | |
| Staff costs | €126k | €17k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €89k |
| Net profit | €62k |
| Cash flow | €63k |
| Staff costs | €126k |
| Income taxes | €25k |
| Dividends | - |
| Total assets | €196k |
| Equity | €132k |
| Debt | €64k |
| of which ≤ 1y | €64k |
| of which > 1y | - |
| Working capital | €130k |
| Employees (FTE) | 2.0 |
| 2024 | |
|---|---|
| Current ratio | 3.04 |
| Quick ratio | 3.04 |
| Working capital ratio | 66.6% |
| Solvency | 67.4% |
| Debt / equity | 0.48 |
| Long-term debt ratio | - |
| Interest coverage | 89.39 |
| Gross margin | - |
| Net margin | - |
| ROA | 31.6% |
| ROE | 46.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €196k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €194k |
| Amounts receivable within one year | 40/41 | €43k |
| Cash & bank | 54/58 | €151k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €196k |
| Equity | 10/15 | €132k |
| Reserves | 13 | €132k |
| Amounts payable | 17/49 | €64k |
| Amounts payable within one year | 42/48 | €64k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €215k |
| Operating result | 9901 | €88k |
| Financial charges | 65 | €991 |
| Result before taxes | 9903 | €87k |
| Income taxes | 67/77 | €25k |
| Net result for the period | 9904 | €62k |
| Result to be appropriated | 9905 | €62k |
| NACE primary | Computer programming & consultancy(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 15-02-2022 |
| Status | Active |
| Postal code | 1040 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0253/02F000 | Brussels | 1.3 ha | 1 · 1.1 ha | 34.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
29-09-2025 Registered office moved within Bruxelles
- Place du Roi Vainqueur, 15/8 à Etterbeek (1040 Bruxelles) → Cours Saint-Michel 95/5 à Etterbeek (1040 Bruxelles).
Technical details
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}27-08-2024 1 director appointed, 1 resigning
- DHANASEKARAN Sarankumar, Bestuurder
- DHANASEKARAN Sarankumar, Zaakvoerder
Technical details
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"exp\u00E9dition conforme de l\u0027acte",
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Palm Technology Services |