PALOS
ActiveSummary
The computed 12-month bankruptcy probability of PALOS is 1.5% (moderate). The 2025 annual accounts show equity of €53,225 and a net result of €11,069. Its solvency ranks better than 77% of 16,893 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 2.3 FTE
- Equity
- €53,225
- Profit
- €11,069
- ABDELLAHZADAH HEMATABADI SamadDirector
- SALIMI BEHIK BehrouzDirector
Why 65raises riskSector: Food and beverage service activities (NACE 56)Founded in 2023Size: total assets €87,163lowers riskLiquidity: current ratio 2.21, cash €33,135Show the evidence
Checked score
About 2 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 77% on solvency, 83% on liquidity, 72% on profitability and 70% on growth.
The bankruptcy probability was computed on 29-10-2026 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 2 accounts on average 33 days before 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…
- Annual accounts filedfinancial year 2024 · micro…
- Resignation: ABDELLAHZADAHHEMATABADISamad (director)Gazette deed
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 61% below 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 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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 39,278 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 | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €5,411 | €25,461 | ▲ 371% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €327 | €2,743 | ▲ 739% |
| Other operating charges640/8 | €914 | €3,504 | ▲ 283% |
| Gross operating margin9900 | €49,588 | €48,560 | ▼ 2.1% |
| Operating profit (loss)9901 | €42,936 | €16,853 | ▼ 60.7% |
| Financial income75/76B | €0 | €16 | ▲ 1,625× |
| Recurring financial income75 | €0 | €16 | ▲ 1,625× |
| Financial charges65/66B | €2,538 | €2,386 | ▼ 6.0% |
| Recurring financial charges65 | €2,538 | €2,386 | ▼ 6.0% |
| Profit (loss) for the period before taxes9903 | €40,398 | €14,483 | ▼ 64.1% |
| Income taxes67/77 | €8,243 | €3,413 | ▼ 58.6% |
| Profit (loss) for the period9904 | €32,155 | €11,069 | ▼ 65.6% |
| Profit (loss) for the period to be appropriated9905 | €32,155 | €11,069 | ▼ 65.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €73,070 | €87,163 | ▲ 19.3% |
| Fixed assets21/28 | €3,547 | €12,028 | ▲ 239% |
| Tangible fixed assets22/27 | €3,547 | €12,028 | ▲ 239% |
| Furniture and vehicles24 | €1,363 | €10,083 | ▲ 640% |
| Other tangible fixed assets26 | €2,184 | €1,945 | ▼ 11.0% |
| Current assets29/58 | €69,523 | €75,135 | ▲ 8.1% |
| Amounts receivable within one year40/41 | €16,835 | €41,692 | ▲ 148% |
| Trade receivables40 | €8,043 | €3 | ▼ 100.0% |
| Other amounts receivable41 | €8,792 | €41,689 | ▲ 374% |
| Cash at bank and in hand54/58 | €52,419 | €33,135 | ▼ 36.8% |
| Deferred charges and accrued income490/1 | €270 | €308 | ▲ 14.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €73,070 | €87,163 | ▲ 19.3% |
| Equity10/15 | €42,155 | €53,225 | ▲ 26.3% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €32,155 | €43,225 | ▲ 34.4% |
| Amounts payable17/49 | €30,915 | €33,938 | ▲ 9.8% |
| Amounts payable within one year42/48 | €30,915 | €33,938 | ▲ 9.8% |
| Trade debts44 | €21,409 | €16,634 | ▼ 22.3% |
| Suppliers440/4 | €21,409 | €16,634 | ▼ 22.3% |
| Taxes, remuneration and social security45 | €9,506 | €17,305 | ▲ 82.0% |
| Taxes450/3 | €8,746 | €5,450 | ▼ 37.7% |
| Remuneration and social security454/9 | €761 | €11,855 | ▲ 16× |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €32,155 | €11,069 | ▼ 65.6% |
| + Depreciation and write-downs630 | €327 | €2,743 | ▲ 739% |
| Operating cash flow (approximation) | €32,482 | €13,812 | ▼ 57.5% |
| Investment in fixed assets (approximation) | - | -€11,223 | - |
| Change in cash | - | -€19,284 | - |
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 (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 22-06-2026 | 2026-00185362 |
| 31-12-2024 | micro format | 04-07-2025 | 2025-00230298 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ABDELLAHZADAH HEMATABADI Samad |
|
| SALIMI BEHIK Behrouz |
|
| ABDELLAHZADAHHEMATABADISamad |
|
Owners and capital
Capital and shareholders
- ABDELLAHZADAH HEMATABADI Samad 50 shares (50%) · €5,000
- SALIMI BEHIK Behrouz 50 shares (50%) · €5,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 29-06-2023 Incorporation · €10,000 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
24-02
Gazette deed
Resignation: ABDELLAHZADAHHEMATABADISamad (director)1 fact ▸
- Director resignation, ABDELLAHZADAHHEMATABADISamad (director)
29-06
Gazette deed
IncorporationAppointments: ABDELLAHZADAH HEMATABADI Samad (director) and SALIMI BEHIK Behrouz (director) · Founder · Founding capital10 facts ▸
- Incorporation, “1050 Ixelles,avenue de la Couronne 455, Société à responsabilité limitée” (deed in French)
- Founder, ABDELLAHZADAH HEMATABADI Samad (comparant)
- Founder, SALIMI BEHIK Behrouz (comparant)
- Founding capital, €10,000
- Other provision, 31-12-2024, “premier exercice social et première assemblée générale ordinaire” (deed in French)
- Registered office clause, “1050 Ixelles, avenue de la Couronne 455” (deed in French)
- Board rule, 2
- Director appointment, ABDELLAHZADAH HEMATABADI Samad (director (not named in the articles))
- Director appointment, SALIMI BEHIK Behrouz (director (not named in the articles))
- Pre-incorporation commitments, “takeover, tous engagements et obligations en résultant et toutes activités entreprises depuis ce jour par l'un ou l'autre des comparants au nom et pour compte d…” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 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
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21445C0265/00F006 | Brussels | 72 m² | 1 · 54 m² | 10.3 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes activités en rapport direct ou indirect avec la restauration en général et le secteur Horeca,l’organisation de banquets et…” (deed in French)
4 activities (deed in French)
- Toutes activités en rapport direct ou indirect avec la restauration en général et le secteur Horeca,l’organisation de banquets et réceptions,le service traiteur,y compris l’organisation,la gestion et l’exploitation de restaurants,cafétérias,débits de boissons,ainsi que toutes opérations de tourisme,d’hôtellerie,de divertissements et de loisirs
- L’exploitation,sous sa propre enseigne ou par voie de franchise ou licence de tout snack-bar,cafétéria,sandwicherie,bar de tapas,service de cuisine rapide ou de petite restauration,de tout service traiteur et/ou d’un ou plusieurs restaurants,ainsi que la livraison à domicile et la vente ambulante
- L’importation et l’exportation de tous produits se rapportant à l’objet de la société
- L’achat et la vente ainsi que la gestion de tout bien immobilier en vue d’une gestion patrimoniale
- Name clauseThe name the company operates under according to its articles.
- PALOS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, établissement de sièges administratifs,agences,ateliers,dépôts et succursales tant en Belgique qu’à l’étranger…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d’administration, un ou plusieurs administrateurs,personnes physiques ou morales,actionnaires ou non” (deed in French)“Portée aux frais généraux indépendamment des frais éventuels de représentation,voyages et déplacements, fixe ou proportionnelle” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, administrateurs en fonction désignés comme liquidateur(s) en vertu des…” (deed in French)