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PGS RDB Pallets

Active
Private limited companyfounded 201412 yrs activeTorhoutse Baan 5, 8470 Gistel, BelgiumKBO/BCE: BE 0561.777.676
Summary

PGS RDB Pallets has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.7m and a net result of €591,168. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 5451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

What they do
Wholesale of timber
NACE 46832NACE 46732
#1 employer in Gistel, Wholesale and retail trade sector7 sites
How big
€163.0mturnover 2025
Staff
42.2 FTE
Equity
€5.7m
Profit
€591,168
Financially healthy?
52 Fair Checked score 2025
Bankruptcy chance 12 m
1.3%
Who decides
Parent
PALETTES GESTION SERVICES
Holdings
9
Auditor: CALLENS VANDELANOTTEAccounts 20 d early1 of 14 deeds read
Why 52- Multiple establishment units- Higher-failure-rate sector- Weak solvency vs sector+ Annual accounts: healthy financial profile+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability64▼-6
Solvency33=
Growth72▲+1
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290,000 at 30 days acceptable
Liquidity short (current ratio 0.73 against 0.99 in 2024; short-term debt: 55.8% and cash: 12.5% of total assets), and 91.5% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
8.5%
Return on assets
0.9%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 5451 sector peers (2025).
NBB · sector comparison
Position among 5451 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-04-2026, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
20 d early
2024
33 d early
2023
38 d early
2022
13 d early
2021
37 d early
2020
36 d early
2019
33 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 28 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Reappointment: Callens Vandelanotte NV (statutory auditor)Permanent representative: Frank Vandelanotte
  2. Annual accounts filedfiscal year 2025 · full…
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Employer in Gistel, Wholesale and retail trade sectorin the Checked rankings #1 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by PALETTES GESTION SERVICESitself parent of 8 companies parent View
  • Positive: 7 profitable years in a rowprofit 2025: €591,168 7 years View

By topic

Financials

Fiscal year
2025
Turnover
€163.0m
Profit
€591,168
Solvency
8.5%
Turnover▲ 15.1%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 30-04-2027
  1. 31-08-2026Reappointment: Callens Vandelanotte NV (statutory auditor)
  2. 10-04-2026Annual accounts filed
  3. 28-03-2025Annual accounts filed
Go to Timeline

Company details

Sites
7
Legal form
Private limited company
Activity
Wholesale of timberNACE 46832
Founded
09-09-2014
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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