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PALUCIA

Active Public limited companyfounded 1991active for 35 yearsLimberg 103, 2230 HerseltKBO/BCE: BE 0444.354.030 #4 company by equity in Herselt, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992
peak €364,175 (2009)
€159,553▼ 19.9%
lowest -€62,529 (2018)
€57,013▲ 14.6%
peak €1.9m (2025)
€1.9m▲ 3.1%
€27,036▼ 53.2%
peak 2.3 FTE (2006)
-not published
Board6 names since 2017
3 directors and 2 others
Documentsfilings and deeds
24-09-202655 days late
2025abbreviated format
Gross margin from €199,225 to €159,553Appointments: (vz rvb/bestuursorgaan en gedelegeerd bestuur… 14-11Debts from €57,718 to €27,036Cash from €184,442 to €274,467

Key points

from the 2025 annual accounts

Equity

€1.9m ▲ 3.1%

PALUCIA has made a profit without a break since 2019.

Liquidity

34.87 was 15.95 in 2024

Short-term debts fell from €50,980 to €25,874.

Filings

34 annual accounts since 1992
AprilJune31 JulyOctober200020102020

Eight of the last ten came late. The 2019 accounts came latest: 75 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as PALUCIA has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 14,768 companies, not a prediction for PALUCIA. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Chair
Chair
Director
Board & ownership

Recent changes

Appointments: (vz rvb/bestuursorgaan en gedelegeerd bestuurder) and (director) General meeting of 30-06-2025 · Gazette deed
Resignation: (director) Appointment: (director) · Director discharge: · General meeting of 12-04-2024 · Gazette deed
Environmental permit granted Functiewijziging zonder verbouwingswerken, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Herselt
2 directors appointed, 2 reappointments Reappointments: (director) and (director) · Appointments: (chair) and (managing director) · Registered office clause: Limberg 103, 2230 Herselt · General meeting of 25-11-2019 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
Company
PALUCIA Herselt €1.9m €159,553 98.6% -
MEUBELEN JOZEF VAN DEN BERGH Willebroek €1.7m €216,339 48.7% 0.5
AMBIHOME Wavre €1.4m €177,883 52.3% -
VANBEUREN INTERIORS Dilsen-Stokkem €1.9m €200,350 52.7% 3.3
MOORS Hasselt €1.4m €148,642 28.0% 0
BURO INVEST Tielt €2.0m €204,359 1.2% -
Meubelen De Keizer Ternat €1.9m €263,752 95.9% 2.1

These companies have the same main activity as PALUCIA: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €1.4m and €2m, founded between 1979 and 1998.

Official details

Source: KBO
Status
Active since 13-06-1991Normal situation
Activity
Retail sale of household furnitureNACE 47551
Establishment unit
2.053.231.2662230 Herselt, since 25-06-1991
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

≈ €900,000estimated
€1.9m▲ 1.4%
Filing
Filed on 24-09-2026
Financials

Insights on PALUCIA

PALUCIA files the abbreviated format. That format states no turnover. The gross margin fell from €217,005 in 2006 to €159,553 in 2025.

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 PALUCIA

What is the company number of PALUCIA?
The company number of PALUCIA is 0444.354.030. The VAT number is the same number with BE in front: BE 0444.354.030.
Where is PALUCIA based?
The registered office is at Limberg 103, 2230 Herselt.Company details
What does PALUCIA do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of PALUCIA?
PALUCIA is a public limited company (NV).
When was PALUCIA founded?
PALUCIA was founded on 13-06-1991.
Is PALUCIA still active?
Yes, PALUCIA is an active enterprise in the KBO register.
How many employees does PALUCIA have?
PALUCIA had an average of 0.5 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of PALUCIA?
The turnover in financial year 2025 is ≈ €900,000. This figure is estimated from the gross margin of €159,553 and 34 comparable companies (NACE 475). It probably lies between €690,000 and €1.4m.
Is PALUCIA profitable?
In financial year 2025, PALUCIA made a profit of €57,013.
Where can I find the annual accounts of PALUCIA?
PALUCIA filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PALUCIA due?
PALUCIA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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