PALMYRA SYR
ActiveSummary
The computed 12-month bankruptcy probability of PALMYRA SYR is 3.6% (moderate). The 2025 annual accounts show equity of €103,547 and a net result of -€2,510. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 76% of 16,816 sector peers (NACE 56, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €103,547
- Loss
- -€2,510
- ABD ALKARIM,HaniDirector
- JAMERZA,FirasDirector
- MOMANI,AmerDirector
Why 49raises riskLast filed accounts filed 61 days late; 3 of the last 3 lateSector: Food and beverage service activities (NACE 56)Size: total assets €173,408lowers riskEquity €103,547 (59.7% of total assets)Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro): better than 76% on solvency, 31% on liquidity, 33% on profitability and 37% on growth.
The bankruptcy probability was computed on 23-10-2026 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
This company filed its last 7 accounts on average 71 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€2,510
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (61 days) Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00536607.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 6% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90.0% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,441 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | €732,704 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €539,673 | €495,443 | €474,839 | ▼ 4.2% |
| Remuneration, social security and pensions62 | - | - | - | €54,971 | €134,089 | €154,399 | €108,324 | €135,326 | ▲ 24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4,730 | €4,730 | €4,730 | €4,730 | €9,696 | €11,567 | €6,535 | ▼ 43.5% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | - | €2,818 | - |
| Other operating charges640/8 | - | - | - | €65 | €5,630 | €2,684 | €1,595 | - | - |
| Gross operating margin9900 | €4,447 | €70,161 | €64,105 | €69,935 | €160,427 | €193,031 | €138,298 | €162,433 | ▲ 17.5% |
| Operating profit (loss)9901 | €4,447 | €20,254 | €22,734 | €10,169 | €15,977 | €26,252 | €16,812 | €17,754 | ▲ 5.6% |
| Financial income75/76B | - | - | - | €2 | - | €31 | €67 | €5 | ▼ 92.1% |
| Recurring financial income75 | €5 | €16 | - | €2 | - | €31 | €67 | €5 | ▼ 92.1% |
| Financial charges65/66B | - | - | - | €277 | €821 | €2,239 | €4,656 | €7,563 | ▲ 62.4% |
| Recurring financial charges65 | €813 | €942 | €713 | €277 | €821 | €2,239 | €4,656 | €7,563 | ▲ 62.4% |
| Profit (loss) for the period before taxes9903 | €3,639 | €19,328 | €22,021 | €9,894 | €15,156 | €24,044 | €12,223 | €10,196 | ▼ 16.6% |
| Income taxes67/77 | - | €5,177 | €743 | €814 | - | €3,715 | - | €12,706 | - |
| Profit (loss) for the period9904 | €3,639 | €14,150 | €21,279 | €9,080 | €15,156 | €20,329 | €12,223 | -€2,510 | - |
| Profit (loss) for the period to be appropriated9905 | €3,639 | €14,150 | €21,279 | €9,080 | €15,156 | €20,329 | €12,223 | -€2,510 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €46,056 | €59,681 | €271,816 | €195,550 | €265,827 | €347,627 | €228,428 | €173,408 | ▼ 24.1% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €18,294 | €21,441 | €16,711 | €16,507 | €11,776 | €43,639 | €34,072 | €13,352 | ▼ 60.8% |
| Intangible fixed assets21 | - | - | - | - | - | €4,417 | €3,417 | €2,417 | ▼ 29.3% |
| Tangible fixed assets22/27 | €18,294 | €21,441 | €16,711 | €16,507 | €11,776 | €39,223 | €28,656 | €8,936 | ▼ 68.8% |
| Plant, machinery and equipment23 | - | - | - | - | - | €2,390 | €1,524 | €3,367 | ▲ 121% |
| Furniture and vehicles24 | - | - | - | €7,807 | €4,526 | €31,032 | €22,782 | €2,669 | ▼ 88.3% |
| Other tangible fixed assets26 | - | - | - | €8,700 | €7,250 | €5,800 | €4,350 | €2,900 | ▼ 33.3% |
| Financial fixed assets28 | - | - | - | - | - | - | €2,000 | €2,000 | = |
| Current assets29/58 | €27,762 | €38,240 | €255,105 | €179,043 | €254,050 | €303,987 | €194,356 | €160,055 | ▼ 17.6% |
| Stocks and contracts in progress3 | €412 | €972 | €128 | €36,928 | €2,478 | €563 | €4,268 | €9,613 | ▲ 125% |
| Stocks30/36 | - | - | - | €36,928 | €2,478 | €563 | €4,268 | €9,613 | ▲ 125% |
| Amounts receivable within one year40/41 | €13,751 | €32,341 | €249,513 | €123,824 | €227,480 | €287,674 | €184,374 | €143,210 | ▼ 22.3% |
| Trade receivables40 | - | - | - | €66,179 | €168,160 | €233,819 | €184,374 | €143,210 | ▼ 22.3% |
| Other amounts receivable41 | - | - | - | €57,645 | €59,320 | €53,855 | - | - | - |
| Cash at bank and in hand54/58 | €13,599 | €4,538 | €5,465 | €15,792 | €20,765 | €12,423 | €5,715 | €7,233 | ▲ 26.6% |
| Deferred charges and accrued income490/1 | - | - | - | €2,500 | €3,328 | €3,328 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €46,056 | €59,681 | €271,816 | €195,550 | €265,827 | €347,627 | €228,428 | €173,408 | ▼ 24.1% |
| Equity10/15 | €13,839 | €27,989 | €49,268 | €58,348 | €73,505 | €93,834 | €106,057 | €103,547 | ▼ 2.4% |
| Contributions10/11 | €10,200 | €10,200 | - | €10,200 | €10,200 | €10,200 | €10,200 | €10,200 | = |
| Reserves13 | €182 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €3,457 | €15,929 | €37,208 | €46,288 | €61,445 | €81,774 | €93,997 | €91,487 | ▼ 2.7% |
| Amounts payable17/49 | €32,217 | €31,692 | €222,548 | €137,202 | €192,322 | €253,792 | €122,371 | €69,861 | ▼ 42.9% |
| Amounts payable after more than one year17 | - | - | - | €16,896 | €6,583 | - | - | - | - |
| Financial debts170/4 | - | - | - | €16,896 | €6,583 | - | - | - | - |
| Amounts payable within one year42/48 | €32,217 | €31,692 | €222,548 | €120,306 | €185,739 | €253,792 | €122,371 | €69,861 | ▼ 42.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €22,753 | €24,038 | €20,308 | - | - | - |
| Trade debts44 | €6,477 | €17,909 | €77,657 | €77,334 | €114,419 | €197,090 | €95,418 | €20,633 | ▼ 78.4% |
| Suppliers440/4 | - | - | - | €77,334 | €114,419 | €197,090 | €95,418 | €20,633 | ▼ 78.4% |
| Advances received on contracts in progress46 | - | - | - | €520 | - | €4,501 | €7,883 | €17,293 | ▲ 119% |
| Taxes, remuneration and social security45 | - | - | - | €19,698 | €47,282 | €31,892 | €15,069 | €23,521 | ▲ 56.1% |
| Taxes450/3 | - | - | - | €11,172 | €30,693 | €21,438 | €8,834 | €16,972 | ▲ 92.1% |
| Remuneration and social security454/9 | - | - | - | €8,526 | €16,590 | €10,455 | €6,235 | €6,549 | ▲ 5.0% |
| Other amounts payable47/48 | - | - | - | - | - | - | €4,000 | €8,413 | ▲ 110% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,639 | €14,150 | €21,279 | €9,080 | €15,156 | €20,329 | €12,223 | -€2,510 | - |
| + Depreciation and write-downs630 | - | €4,730 | €4,730 | €4,730 | €4,730 | €9,696 | €11,567 | €6,535 | ▼ 43.5% |
| Operating cash flow (approximation) | €3,639 | €18,881 | €26,009 | €13,811 | €19,887 | €30,025 | €23,790 | €4,025 | ▼ 83.1% |
| Investment in fixed assets (approximation) | - | -€7,877 | €0 | -€4,526 | €0 | -€41,559 | -€2,000 | €14,184 | - |
| Change in cash | - | -€9,061 | €927 | €10,327 | €4,974 | -€8,342 | -€6,709 | €1,518 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00536607 |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00518003 |
| 31-12-2023 | micro format | 04-10-2024 | 2024-00500199 |
| 31-12-2022 | micro format | 03-10-2023 | 2023-00473375 |
| 31-12-2021 | micro format | 10-10-2022 | 2022-20457460 |
| 31-12-2020 | micro format | 23-09-2021 | 2021-68200230 |
| 31-12-2019 | micro format | 30-11-2020 | 2020-74100481 |
| 31-12-2018 | micro format | 31-08-2019 | 2019-63100262 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 · 1 entry · €2,000 awarded · €2,000 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ABD ALKARIM,Hani |
|
| JAMERZA,Firas |
|
| MOMANI,Amer |
|
| HAITHAM AL SAYED ISSA |
|
Owners and capital
Capital and shareholders
- FIRAS JAMERZA 34 shares
- AMER MOMANI 33 shares
- HANI ABD ALKARIM 33 shares
- RIHANA SHARAF
- HAITHAM AL SAYED ISSA to FIRAS JAMERZA 7 shares
- HAITHAM AL SAYED ISSA to HANI ABD ALKARIM 8 shares
- HAITHAM AL SAYED ISSA to AMER MOMANI 8 shares
- RIHANA SHARAF to FIRAS JAMERZA 4 shares
- RIHANA SHARAF to HANI ABD ALKARIM 3 shares
- RIHANA SHARAF to AMER MOMANI 3 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
09-10
Gazette deed
Resignation: HAITHAM AL SAYED ISSA (director)Registered-office move · Share transfer · Shareholding14 facts ▸
- General meeting, 09-09-2024
- Registered-office move, Parijsstraat 49, 3000 Leuven
- Director resignation, HAITHAM AL SAYED ISSA (director)
- Share transfer, HAITHAM AL SAYED ISSA → FIRAS JAMERZA
- Share transfer, HAITHAM AL SAYED ISSA → HANI ABD ALKARIM
- Share transfer, HAITHAM AL SAYED ISSA → AMER MOMANI
- General meeting, 13-09-2024
- Share transfer, RIHANA SHARAF → FIRAS JAMERZA
- Share transfer, RIHANA SHARAF → HANI ABD ALKARIM
- Share transfer, RIHANA SHARAF → AMER MOMANI
- Shareholding, 34
- Shareholding, 33 (2 times)
- +2 further facts in this act
11-12
Gazette deed
Resignations: MOMANI,Amer, ABD ALKARIM,Hani and 2 othersAppointments: MOMANI,Amer, ABD ALKARIM,Hani and 2 others · Legal-form conversion · Capital conversion13 facts ▸
- General meeting, 29-11-2023
- Legal-form conversion, “BV” (deed in Dutch)
- Capital conversion, “artikel 39,§2,derde lid,wet van 2019-03-23 tot invoering van het Wetboek van vennootschappen en verenigingen, werkelijk gestort vast kapitaal en wettelijke rese…” (deed in Dutch)
- Reserve release, “opheffing aangelegde statutair onbeschikbare eigen vermogensrekening en beschikbaar maken voor uitkering, eventuele toekomstige bijstortingen van nog niet gesto…” (deed in Dutch)
- Director resignation, MOMANI,Amer (manager)
- Director resignation, ABD ALKARIM,Hani (manager)
- Director resignation, AL SAYED ISSA,Haitham (manager)
- Director resignation, JAMERZA,Firas (manager)
- Director appointment, MOMANI,Amer (director (not named in the articles))
- Director appointment, ABD ALKARIM,Hani (director (not named in the articles))
- Director appointment, AL SAYED ISSA,Haitham (director (not named in the articles))
- Director appointment, JAMERZA,Firas (director (not named in the articles))
- +1 further fact in this act
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24504D0234/00R000indicative | Flanders | 217 m² | 1 · 125 m² | 14.6 m · 3 |
| 24502B0600/00H000 | Flanders | 103 m² | 1 · 103 m² | 17.3 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het uitbaten van een snackbar (kleine restauratie),pizzeria,taverne,enzovoort; Restaurant; Het leveren van pizza’s en snacks aan huis; De…” (deed in Dutch)
12 activities (deed in Dutch)
- Het uitbaten van een snackbar (kleine restauratie),pizzeria,taverne,enzovoort.
- Restaurant.
- Het leveren van pizza’s en snacks aan huis.
- De groot- en kleinhandel van pizza’s en pizzaproducten.
- Aan- en verkoop van textiel in het algemeen en kledij in het bijzonder.
- Schoonmaakbedrijf.
- Import-export.
- Het verzorgen en organiseren van feesten,met alle daaraan verbonden dienstverleningen,waaronder de catering.
- Nationaal en internationaal wegtransport.
- Koerierdienst met levering van briefwisseling en pakjes.
- Alle verrichtingen die betrekking hebben op de dienstverlening aan bedrijven en ondernemingen van alle aard inzake bedrijfsvoering en bedrijfsbeheer in de ruimste zin,onder meer op het vlak van administratie,management,bedrijfsorganisatie,informatica.
- Het deelnemen aan het bestuur van vennootschappen en ondernemingen,al dan niet door middel van de uitoefening van een bestuursmandaat.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Parijsstraat 84,3000 Leuven” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “toegekend, met de mogelijkheid een deel van deze bevoegdheden te delegeren. Indien de vennootschap door meer dan één bestuurders wordt…”“4. de heer JAMERZA, Firas, wonende te 3000 Leuven, Sint-Maartensdal 1 B404. Aan de bestuurders is volledige bestuurs- en…”
Full text
4. de heer JAMERZA, Firas, wonende te 3000 Leuven, Sint-Maartensdal 1 B404. Aan de bestuurders is volledige bestuurs- en vertegenwoordigingsbevoegdheid toegekend om namens de vennootschap op te treden, in en buiten rechte en tegenover derden. Er werd geen commissaris aangewezen.
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur;bij gebreke bepaling geacht onbepaalde tijd;statutair bestuurder mogelijk indien benoemd in statuten, één…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 19:00