Equity
€6.8m ▲ 6.2%
PALOUME has made a profit without a break since 2023.
PALOUME
Lifetime
19 annual accounts with figures on one time axis, 33 filings since 1992peak €135.3m (2013)
€30.2m▲ 13.4%
lowest -€706,343 (2022)
€393,478▼ 31.3%
peak €6.8m (2023)
€6.8m▲ 6.2%
€3.6m▲ 6.0%
peak 73 FTE (2010)
34.1 FTE▼ 10.7%
Board8 names since 2017
4 directorsBERTSCHI Hans-Jörg and 3 others
Owners10 names in the annual accountsall names
80%Bertschi AG BO and 1 other
Documentsfilings and deeds
16-10-202677 days late
2025financial year
Turnover from €26.6m to €30.2mResult from €572,629 to €393,478Staff from 38.2 FTE to 34.1 FTEAppointment: forvis Mazars Bedrijfsrevisoren (statutory auditor) 22-07Cash from €3.7m to €2.0m
Key points
from the 2025 annual accountsResult
€393,478 ▼ 31.3%
The result fell in 2025 from €572,629 to €393,478.
Staff
34.1 FTE from 73 in 2010
Between 2010 and 2025, 53% of the full-time equivalents disappeared.
Payment terms
28 days to suppliers
PALOUME pays its suppliers 3 days later than in 2024. Customers pay 13 days later.
Filings
33 annual accounts 39 filings, 77 days
Latest accounts filed late: after the legal deadline.
Board
1 joined
New director. Latest change 01-03-2026 · 4 in office.
Checked score
95
Excellent
Financially stronger than 62% of small companies in warehousing and transport support (NACE 52)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 596 companies (NACE 52, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.2%
01-2025: 3.3%▲ +1.1 percentage points vs 12-2024highest value
02-2025: 3.3%● unchanged vs 01-2025highest value
03-2025: 3.3%● unchanged vs 02-2025highest value
04-2025: 3.0%▼ -0.3 percentage points vs 03-2025
05-2025: 3.0%● unchanged vs 04-2025
06-2025: 3.0%● unchanged vs 05-2025
07-2025: 0.1%▼ -2.9 percentage points vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: 0.1%▲ +0.1 percentage points vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 77 days late; 2 of the last 3 accounts late
Sector: Warehousing and support activities for transportation (NACE 52)
lowers risk
Liquidity: current ratio 3.59, cash €2.0m
Founded in 1991
Calculation
The band follows from the bankruptcy probability. 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 52, small). It does better than 81% of them on solvency, 85% on liquidity, 18% on profitability and 65% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as PALOUME has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PALOUME itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for PALOUME. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €600,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.59 (2.73 in 2024), above the usual 1.5. Short-term debt is 23.5% and cash 19.5% of total assets. 35% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 77 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-10-2026, 77 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
77 days late
2024
6 days late
2023
328 days late
2022
36 days early
2021
60 days early
2020
55 days early
2019
64 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 August (4 of the last 5 accounts filed within 71 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
NB
Nexterra BV
Director, since 01-03-2026
- Bertschi AG BO 80%annual accounts 2025
- Bertschi Global AG BO 20%annual accounts 2025
Shares in 5 companies, including Elite Le Havre and Elite Spain Logistic
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0446083895
Appointment: forvis Mazars Bedrijfsrevisoren (statutory auditor)
General meeting of 17-03-2025 · Gazette deed
Resignation: JAY Lee Biow Chong (director)
Appointment: SANDER Ole (director) · General meeting of 26-10-2023 · Gazette deed
1 director appointed, 3 reappointments
Reappointments: BERTSCHI Hans-Jörg, BERNER Jörg and JAY Lee Biow Chong · Appointment: BERNER Jörg (managing director) · General meeting of 28-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PALOUME Antwerp | €30.2m | 0.7% | 65.0% | 34.1 |
| MANUPORT ROAD TRANSPORT BELGIUM Antwerp | €39.3m | -2.9% | 24.5% | 31.4 |
| VAN MOER CHEMICALS Beveren-Kruibeke-Zwijndrecht | €20.3m | 5.1% | 67.3% | 34.5 |
| Remant Globe Logistics Antwerp | €55.9m | 1.6% | 31.0% | 40.1 |
| TRANS-CONTINENTAL LOGISTICS Antwerp | €43.8m | 3.1% | 33.0% | 22.9 |
| TRANSPORT VAN DELM Antwerp | €16.0m | 4.8% | 17.0% | 39.2 |
| KATOEN NATIE TANK OPERATIONS Beveren | €28.3m | -0.1% | 35.8% | 23.5 |
Grey: the largest companies of the sector (warehousing and transport support (NACE 52)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as PALOUME: logistics services (NACE 52250). They are comparable in size and age: total assets between €8.1m and €15m, founded between 1988 and 1995.
Official details
Source: KBO- Status
- Active since 16-12-1991Normal situation
- Activity
- Logistics servicesNACE 52250
- Joint committees
- 226White-collar workers in international trade, transport and logistics
- 100Auxiliary committee for blue-collar workers · annual accounts 2025
- Establishment unit
- 2.102.842.3132060 Antwerp, since 03-02-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €10.4m▲ 6.2%
- Employeeson 31-12-2025
- 37▼ 5.1%
- Filing
- Filed on 16-10-2026
Insights on PALOUME
PALOUME has existed since 1991. Turnover fell from €135.3m in 2013 to €54.6m in 2014. The previous financial year ran 21 months, this one 12.
Bertschi AG BO holds 80% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PALOUME
- What is the company number of PALOUME?
- The company number of PALOUME is 0446.083.895. The VAT number is the same number with BE in front: BE 0446.083.895.
- Where is PALOUME based?
- The registered office is at Viaduct-Dam 106, 2060 Antwerp.Company details
- What does PALOUME do?
- According to the KBO register, the main activity is logistics services (NACE 52250).
- What is the legal form of PALOUME?
- PALOUME is a public limited company (NV).
- When was PALOUME founded?
- PALOUME was founded on 16-12-1991.
- Is PALOUME still active?
- Yes, PALOUME is an active enterprise in the KBO register.
- How many employees does PALOUME have?
- PALOUME had an average of 34.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PALOUME fall under?
- In its 2025 annual accounts, PALOUME states joint committees 226 (White-collar workers in international trade, transport and logistics) and 100 (Auxiliary committee for blue-collar workers).
- What is the turnover of PALOUME?
- The turnover of PALOUME was €30.2m in financial year 2025, according to the filed annual accounts.
- Is PALOUME profitable?
- In financial year 2025, PALOUME made a profit of €393,478.
- Where can I find the annual accounts of PALOUME?
- PALOUME filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PALOUME due?
- PALOUME must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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