PALMYRA BRANDS
PALMYRA BRANDS and the 22 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.
Sum of the filed annual accounts of 22 of the 23 Belgian companies (financial years 2024-2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.
PALMYRA BRANDS also files consolidated accounts (financial year 2023): the real group figures, with intra-group positions eliminated. Checked does not read their figures yet; the document is at the National Bank's Central Balance Sheet Office.
Group risk
How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.
- The parent itself: PALMYRA BRANDS, no verdict.
- 8 companies with negative equity: SOURZ INTERNATIONAL (-€5.2m), ELLESIS (-€2.4m), Notte-Vandebosch (-€1.4m), PROEDIF (-€94,314), ORELIA THUISZORG (-€57,159), AH INVEST (-€42,763) and 2 more.
- 7 companies with overdue accounts: AH INVEST, APERI, BEUKENWOUD, ORELIA BOUW, PALMIR, PALMYRA BRANDS and 1 more.
- 13 companies with a loss in the latest year: ORELIA ZORG (-€5.9m), BEUKENWOUD (-€2.4m), ORELIA GROUP (-€1.5m), ORELIA BOUW (-€1.4m), ELLESIS (-€951,083), APERI (-€320,346) and 7 more.
- 31.1% of the added-up total assets sits in one company: PALMYRA BRANDS.
- 12.9% of the added-up total assets sits at companies with an elevated or high risk.
Group structure
Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.
- PALMYRA BRANDS5 subsidiariesNo verdict€167.1m €111.0m 2024
- BEUKENWOUD4 subsidiariesNo verdict€52.9m €11.4m 2024
- Fair · 53€6 -€42,763 2024
- Fair · 48€2.5m €1.4m 2024
- Fair · 56€4 -€8,121 2024
- Fair · 54€24 -€5.2m 2024
- Fair · 49€5,403 -€1.4m 2024
- Fair · 47€8.8m €1.7m 2024
- ORELIA GROUP5 subsidiariesNo verdict€105.1m €43.4m 2025
- ORELIA6 subsidiariesHealthy · 65€71.2m €17.9m 2025
- Healthy · 65€15.8m €8.8m 2025
- Fair · 52€368 -€57,159 2025
- Fair · 53€11.7m -€94,314 2025
- Healthy · 68€8.0m €4.8m 2025
- Fair · 48€396 -€12,202 2025
- No verdict€1.4m €122,815 2025
- Healthy · 97€12.2m €4.5m 2025
- Healthy · 70€1.3m €1.3m 2025
- ORELIA ZORG1 subsidiaryElevated · 53€69.6m €71,210 2025
- Healthy · 89€4.3m €1.3m 2025
- No verdictno figures
High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.
Shared directors
Who sits on the boards of several group companies. This is where control over the group sits in practice.
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12
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9
Events in the group
Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.
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Registered office moved from Braives to Wommelgem
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Poeka BV appointed as chair and managing director
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1 director appointed, 2 directors resigning
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1 director appointed, 1 director resigning
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1 director appointed, 2 directors resigning
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1 director appointed, 1 director resigning
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1 director appointed, 1 director resigning
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1 director appointed, 1 director resigning
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1 director appointed, 1 director resigning
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1 director appointed, 2 directors resigning
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1 director appointed, 1 director resigning
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1 director appointed, 1 director resigning
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1 director appointed, 1 director resigning
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1 director appointed, 1 director resigning
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Where do these figures come from?
Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.
The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.
The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.
Updated on 14-10-2026