Skip to content

Palmatum

Active
Public limited companyfounded 20251 year activeEsplanade Oscar Van de Voorde 1, 9000 Gent, BelgiumKBO/BCE: BE 1022.176.102
Summary

Palmatum has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,796 and a net result of -€24,204. Its solvency ranks better than 14% of 5,669 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€14.0mtotal assets 2025
Equity
€75,796
Loss
-€24,204
Financial health
87 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Parent
MG Real Estate · 90%
Board
6 members
Accounts 46 days early1 of 2 deeds read
Why 87- Liquidity: current ratio 0.26, cash €216,550- Equity €75,796 (0.5% of total assets)+ Size: total assets €14.0m+ Sector Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 22% of its sector peers (NACE 68, medium-sized)
Financial strength
Weak
Solvency 26
equity 0.5% of total assets
Liquidity 39
short-term debt 31.1% · cash 1.5%
Profitability 27
return on assets -0.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (1,718 companies)
Last 24 months 05-2026: 0.6% 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value
Credit up to €6,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.26; short-term debt: 31.1% and cash: 1.5% of total assets), and 99.5% of the assets are financed with debt.
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 68, medium-sized): better than 15% on solvency, 30% on liquidity and 21% on profitability.

The bankruptcy probability was computed on 06-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €14.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
KBO
raises risk · Liquidity: current ratio 0.26, cash €216,550
NBB · annual accounts
raises risk · Equity €75,796 (0.5% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 5669 sector peers (2025).
NBB · sector comparison
Position among 5669 sector peers
Solvency
better than 14%
← weakest strongest →
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
46 days early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Appointments: MG RE Investment BV, Prodit…Permanent representatives: Ignace De Paepe…
  2. Annual accounts filedfiscal year 2025 · full…

Key points

  • Caution: Among the weakest 14% on solvencysector median 38.6% · 5,669 companies 0.5% View
  • New directorslatest change 22-06-2026 · 6 in office 5 joined View
  • Founded 17 months agofounded 09-04-2025 17 months View
  • Controlled by MG Real Estateknown shareholders 100% 90% View

By topic

Financials

Fiscal year
2025
Total assets
€14.0m
Loss
-€24,204
Solvency
0.5%
Go to Financials

Company details

Sites
1
Legal form
Public limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
09-04-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.