Financials
Financial year 2025
Pallen Sales from Knokke-Heist, company number BE0405810881, closed financial year 2025 with a result of € 168,610 after tax. For that financial year Pallen Sales recorded a gross margin of € 246,294 and equity of € 187,202. Compared with financial year 2024, the result moved from € 862,859 to € 168,610. The company is profitable. The buffer shrank hard: equity is 91 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 187,202
▼ 91% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 168,610
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 1,077
▼ € 257,817 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 36
▼ € 158,338 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,385
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 597,428 | € 1,016,599 | € 1,193,123 | € 246,294 | ▼ 79% |
| Profit after taxes | € 488,789 | € 827,716 | € 862,859 | € 168,610 | ▼ 80% |
| Equity | € 890,949 | € 1,268,665 | € 2,131,524 | € 187,202 | ▼ 91% |
| Total debts | € 1,973,721 | € 2,082,858 | € 239,256 | € 1,380,188 | ▲ € 1.1 million |
| Cash | € 891,466 | € 680,220 | € 258,894 | € 1,077 | ▼ € 257,817 |
| Land & buildings | € 562,015 | € 533,547 | € 505,078 | € 198,826 | ▼ 61% |
| Retained profit | € 872,357 | € 1,250,073 | € 2,112,932 | € 168,610 | ▼ 92% |
| Dividend | € 488,789 | € 450,000 | € 0 | € 2,112,932 | |
| Balance sheet total | € 2,864,670 | € 3,351,523 | € 2,370,779 | € 1,567,390 | ▼ 34% |
Key figures of Pallen Sales, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Pallen Sales?
What happened at Pallen Sales in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 168,610 (▼ 80% vs 2024). Source: NBB ↗
- Agentschap Pallen NV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Knokke-Heist. KBO
In short
From € 488,789 profit in 2022 to € 168,610 profit in 2025.
Paid € 539,245 in corporate taxes since 2022.
Best year ever: 2024, with € 862,859 profit.
Paid out € 3.1 million in dividends to the owners in total.
Management
The stake of AGENTSCHAP PALLEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Pallen SalesBehind Pallen Sales is Agentschap Pallen NV. The shares are held by AGENTSCHAP PALLEN (100%).
Directors
According to the 2025 annual accounts
Director · represented by Bernard Van Hoorebeke
Also active at: Pallen Properties, Belco Construct, WELOCATE, WECONSTRUCT, PALLEN CONSTRUCT, IMMO PALLEN, PALLEN INVEST, BELCOFIM +2 more
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Duinbergenlaan 92
8301 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.810.881
- VAT number
- BE 0405.810.881
- Registered office
- Duinbergenlaan 92, 8301 Knokke-Heist
- Names & denominations
- Pallen Sales
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen