THE PALM BEACH
ActiveSummary
The computed 12-month bankruptcy probability of THE PALM BEACH is 2.6% (moderate). The 2025 annual accounts show negative equity (-€709,301) and a net result of -€46,170. Equity has been growing by about 6.3% per year since 2018. Its solvency ranks better than 5% of 8,584 sector peers (NACE 73, financial year 2025). The company has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 27-10-1982 Normal situation
- Activity
- Advertising agencies NACE 73110and 2 others
- Establishment unit
- 2.021.314.209 1190 Vorst, since 13-12-1982
- Financial year end
- 31 December
- Peppol
- Reachable since 02-02-2026
Board and ownership
- Vandewiele EtienneDirector · since 01-04-2020
- Vandewiele AntoineDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.6%
- Gross margin
- -€2,402
- Loss
- €46,170
- Equity
- -€709,301
- ▼ 7.0%
- Total assets
- €91,666
- ▲ 230%
- Employees on 31-12-2025
- 1
- =
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLoss of €46,170 (financial year 2025)Last filed accounts filed 31 days late; 2 of the last 3 accounts lateLiquidity: current ratio 0.11, cash €194lowers riskSize: total assets €91,666Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 73, micro). It does better than 5% of them on solvency, 2% on liquidity, 6% on profitability and 33% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 65 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignation: Vandewiele Antoine (manager)Reappointment: Vandewiele Antoine (director)
Comparable companies
These companies have the same main activity as THE PALM BEACH: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €83,700 and €110,000, founded between 1981 and 1988.
| Company | Total assets | Gross margin |
|---|---|---|
| THE PALM BEACH Vorst | €91,666 | -€2,402 |
| TEMI Ukkel | €85,198 | -€8,946 |
| A et M.J. Sint-Jans-Molenbeek | €97,309 | -€710 |
| NEW SOLUTIONS Elsene | €109,614 | -€46,301 |
| AGENCE ET REGIE BELGE - AGENTSCHAP EN REGIE VOOR BELGIE Elsene | €110,462 | -€901 |
| PubBoost 2000 Waremme | €97,763 | €281 |
| BALLOONAIR Grez-Doiceau | €83,708 | -€2,426 |
Key facts about THE PALM BEACH
- What is the company number of THE PALM BEACH?
- The company number of THE PALM BEACH is 0423.051.840. The VAT number is the same number with BE in front: BE 0423.051.840.
- Where is THE PALM BEACH based?
- The registered office is at Meyerbeerstraat 61, 1190 Vorst.Company details
- What does THE PALM BEACH do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of THE PALM BEACH?
- The legal form of THE PALM BEACH is Private limited company (BV).
- When was THE PALM BEACH founded?
- THE PALM BEACH was founded on 27-10-1982.
- Is THE PALM BEACH still active?
- Yes, THE PALM BEACH is an active enterprise in the KBO register.
- How many employees does THE PALM BEACH have?
- THE PALM BEACH had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of THE PALM BEACH?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is THE PALM BEACH profitable?
- In financial year 2025, THE PALM BEACH made a loss of €46,170.
- Where can I find the annual accounts of THE PALM BEACH?
- THE PALM BEACH filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of THE PALM BEACH due?
- THE PALM BEACH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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