PALMA CONSTRUCTION
ActivePALMA CONSTRUCTION has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €59k and a net result of €9k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 50 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2026
100
/ 100
Excellent▲ +48 vs 2025
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability80▲+80
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 5.65 against 2.47 in 2025), and 16.5% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 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 2026Solvency, return and age of the figures
Solvency
83.5%
Return on assets
13.3%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 13-07-2026, 110 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
110 d early
2025
88 d early
2024
35 d early
2023
110 d early
2022
96 d early
2021
116 d early
2020
99 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€59k▲ 18.9%
2025 · €50k
2019: €40k
2020: €40k
2021: €50k
2022: €59k
2023: €66k
2024: €74k
2025: €50k
2019 → 2026
Total assets
€71k▼ 0.2%
2025 · €71k
2019: €60k
2020: €102k
2021: €141k
2022: €140k
2023: €124k
2024: €122k
2025: €71k
2019 → 2026
Net result
€9k
2025 · €-24k
2019: €12k
2020: €1k
2021: €9k
2022: €10k
2023: €6k
2024: €8k
2025: €-24k
2019 → 2026
Working capital
€54k▲ 86.2%
2025 · €29k
2019: €36k
2020: €33k
2021: €30k
2022: €25k
2023: €35k
2024: €46k
2025: €29k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€59k-€66k▲ 10.6%€74k▲ 12.4%€50k▼ 32.8%€59k▲ 18.9%
Operating result€14k-€10k▼ 23.5%€14k▲ 30.9%€-23k€11k
Net result€10k-€6k▼ 36.1%€8k▲ 30.0%€-24k€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2026: €11k after a loss of €23k in 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €71k
Fixed assets
€5k▼ 77.4%
Current assets
€66k▲ 34.5%
Equity and liabilities €71k
Equity
€59k▲ 18.9%
Debt
€12k▼ 45.0%
The debt ratio falls from 29.9% to 16.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€28k▲
2025 · €-3k
Cash flow
€26k▲
2025 · €-4k
Solvency
83.5%▲
2025 · 70.1%
Current ratio
5.65▲
2025 · 2.47
Quick ratio
5.65▲
2025 · 2.47
Debt / equity
0.20▼
2025 · 0.43
ROE
15.9%▲
2025 · -48.8%
ROA
13.3%▲
2025 · -34.2%
Interest coverage
30.53▲
2025 · -2.43
Debt
€12k▼
2025 · €21k
Debt ≤ 1 year
€12k▼
2025 · €20k
Income taxes
€634▲
2025 · €129
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€71k€71k▼
Fixed assets21/28€22k€5k▼
Tangible fixed assets22/27€22k€5k▼
Furniture and vehicles24€22k€5k▼
Current assets29/58€49k€66k▲
Amounts receivable within one year40/41€3k€9k▲
Trade receivables40€2k€7k▲
Other amounts receivable41€2k€2k▲
Current investments50/53€41k€36k▼
Cash at bank and in hand54/58€5k€21k▲
Deferred charges and accrued income490/1€128-
Equity and liabilities
Total equity and liabilities10/49€71k€71k▼
Equity10/15€50k€59k▲
Contributions10/11€20k€20k=
Reserves13€33k€38k▲
Distributable reserves133€33k€38k▲
Profit (loss) carried forward14€-4k€304▲
Amounts payable17/49€21k€12k▼
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€20k€12k▼
Current portion of amounts payable after more than one year42€14k€1k▼
Trade debts44€911€5k▲
Suppliers440/4€911€5k▲
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€86€621▲
Remuneration and social security454/9€5k€5k=
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€17k▼
Other operating charges640/8€908€928▲
Gross operating margin9900€-2k€29k▲
Operating profit (loss)9901€-23k€11k▲
Financial income75/76B€411€332▼
Recurring financial income75€411€332▼
Financial charges65/66B€1k€904▼
Recurring financial charges65€1k€904▼
Profit (loss) for the period before taxes9903€-24k€10k▲
Income taxes67/77€129€634▲
Profit (loss) for the period9904€-24k€9k▲
Profit (loss) for the period to be appropriated9905€-24k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€5k▲
Profit (loss) brought forward from the previous period14P€20k€-4k▼
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (6 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 2027, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-03
Financial
Liquidity doublescurrent ratio 5.65
Current ratio from 2.47 to 5.65; short-term debt falls from €20k to €12k.
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-24k ▼397%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bertrix · 1 establishment unit since 2000
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.
Rue du Plévau,Acremont 36880 BertrixGround area
3,873 m²
Building footprint
282 m²
Volume, LiDAR
3,115 m³
Parcel 84030C0101/00E000, Wallonia · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Plévau,Acremont 3, 6880 Bertrix
since 20002.096.604.223
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84030C0101/00E000 | Wallonia | 3,873 m² | 1 · 282 m² | 9.7 m · 2 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
YANIS ANDREI DESIGN CONSTRUCT
BE 0782.862.056
Sint-Pieters-Leeuw · Eq €59k
G.M. CONSTRUCT
BE 0463.980.890
Genappe · Eq €59k
GERT JANSSEN
BE 0827.612.017
Brecht · Eq €59k
Solibuild
BE 0437.211.959
Gent · Eq €59k
SUNI INVEST.be
BE 0738.925.115
Gent · Eq €59k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 13,032 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-05-2000
Fiscal year end31-03
Activities, NACEBEL
41001General construction of residential buildings
45211
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 26 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.