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PALMYRA BRANDS

Active Risk: not assessed
Public limited companyfounded 2009active for 16 yearsSelsaetenstraat 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 financial years (±1.4% per year). Its solvency ranks better than 66% of 4,628 sector peers (NACE 70, financial year 2024). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Business and other management consultancy
NACE 70200Activities of holding companies NACE 64210
#1 company by total assets in Wommelgem, Professional and technical services sector1 site
Size
€7.5moperating income 2024
Staff
3.9 FTE
Equity
€111.0m
Profit
€584,105
Standalone figures, without subsidiaries
Financial health
Holding: outside the score modelBankruptcy probability: sector outside the model
Structure
Holdings
5
Accounts 70 days overdue1 of 21 deeds read
SignalsneutralFiled after the deadlineShow the evidence

Checked score

Outside the general model
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

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.

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Signals

1 signal.
○neutral
neutral · Filed after the deadline
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 Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
42 days late
2023
120 days late
2022
on the day
2021
2 days early
2020
2 days early
2019
1 day late
← before the deadline after the deadline →
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 (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Irida BV (director)Appointment: Poeka BV (managing director)…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Back to profitnet €584,105

Key points

  • Positive: Back in profit in 2024after -€49.6m in 2023 €584,105 View
  • Positive: Company by total assets in Wommelgem, Professional and…in the Checked rankings #1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Heads a groupcompanies controlled 27 View
  • Board changedlatest change 22-10-2025 · 0 in office 1 joined · 1 left View

By topic

Financials

Financial year
2024
Turnover
€428,020
Profit
€584,105
Solvency
66.4%
Turnover▼ 39.9%
Net result
20182024
Go to Financials

Timeline

Events
36
Since
2011
  1. 31-12-2024Liquidity more than 10 times
  2. 31-12-2024Equity above €100m
  3. 23-12-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Business and other management consultancyNACE 70200
Founded
22-10-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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