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PALMA CONSTRUCTION

Active
Private limited company (pre-2019)founded 2000active for 26 yearsRue du Plévau,Acremont 3, 6880 Bertrix, BelgiumKBO/BCE: BE 0471.826.113
Summary

PALMA CONSTRUCTION has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €58,964 and a net result of €9,378. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 88% of 275 sector peers (NACE 41, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

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PALMA CONSTRUCTIONActiveChecked score 93/100
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Overview

Activity
General construction of residential buildings
NACE 41001
10th oldest company in Bertrix, Construction sector1 site
Size
≈ €200,000turnover 2026, estimated
Equity
€58,964
Profit
€9,378
Turnover estimated from the gross margin
Financial health
93 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2026 accounts 110 days early1 of 2 deeds summarised
Why 93raises riskSize: total assets €70,586Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 5.65, cash €20,518Founded in 2000Show the evidence

Checked score

Score 2026
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (NACE 41, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Strong
Solvency 100+5
equity 83.5% of total assets
Liquidity 82+35
short-term debt 16.5% · cash 29.1%
Profitability 85+85
return on assets 13.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,448 companies, NACE 41, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.9%▲ +0.4 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.2%▼ -0.8 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.65, compared with 2.47 in 2025, above the usual 1.5; short-term debt: 16.5% and cash: 29.1% of total assets), and 16.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 92% on solvency, 85% on liquidity, 69% on profitability and 63% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: total assets €70,586
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 5.65, cash €20,518
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 filings
Deviation from the deadline
2026
110 days early
2025
88 days early
2024
35 days early
2023
110 days early
2022
96 days early
2021
116 days early
2020
99 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 93 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · micro…
  2. Back to profitnet €9,378
  3. Liquidity more than doubledcurrent ratio 5.65

Key points

  • Positive: Among the best 12% on solvencysector median 55.0% · 275 companies 83.5% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2026
Total assets
€70,586
Profit
€9,378
Solvency
83.5%
Total assets▼ 0.2%
Net result
20192026
Go to Financials

Timeline

Events
30
Since
2002
Next accounts
by 31-10-2027
  1. 04-08-2025Annual accounts filed
  2. 31-03-2025Weakest financial year
  3. 26-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General construction of residential buildingsNACE 41001
Founded
04-05-2000
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
24
Annual meeting
Last Friday of May at 18:00
Purpose
“Exploitation d'une entreprise générale de construction immobilière; Travaux publics et…” (deed in French)
Go to Articles of association

Key facts about PALMA CONSTRUCTION

What is the company number of PALMA CONSTRUCTION?
0471.826.113. In Belgium the VAT number is the company number with BE in front: BE 0471.826.113.
Where is PALMA CONSTRUCTION based?
The registered office is at Rue du Plévau,Acremont 3, 6880 Bertrix.Company details
What does PALMA CONSTRUCTION do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of PALMA CONSTRUCTION?
Private limited company (pre-2019) (BVBA).
When was PALMA CONSTRUCTION founded?
On 04-05-2000.
Is PALMA CONSTRUCTION still active?
Yes, PALMA CONSTRUCTION is an active enterprise in the KBO register.
What is the turnover of PALMA CONSTRUCTION?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is PALMA CONSTRUCTION profitable?
In financial year 2026, PALMA CONSTRUCTION made a profit of €9,378.
Where can I find the annual accounts of PALMA CONSTRUCTION?
PALMA CONSTRUCTION filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of PALMA CONSTRUCTION due?
By 31-10-2027, for financial year 2027.Timeline

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