Public limited company · founded 2009 · 16 years activeSelsaetenstraat 50 B, 2160 Wommelgem, BelgiumKBO/BCE: BE 0819.977.424
Summary
PALMYRA BRANDS has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €111.0m and a net result of €584,105. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 66% of 4,632 sector peers (NACE 70, fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
NACE 70200Activities of holding companies NACE 64210
#1 company by total assets in Wommelgem, Professional and technical services sector1 site
Size
€428,020turnover 2024
Staff
3.9 FTE
Equity
€111.0m
Profit
€584,105
Standalone figures, without subsidiaries
Financial health
Holding: outside the score modelProbability: sector outside the model
Structure
Holdings
5
Accounts 68 days overdue1 of 21 deeds read
SignalsFiled after the deadlineShow the evidence
Checked score
Outside the general model
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.