Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PALMA MEUBELEN from Tielt, company number BE0408479272, closed financial year 2025 with a result of € 4,276 after tax. For that financial year PALMA MEUBELEN recorded a gross margin of € 95,557 and equity of € 71,397. Compared with financial year 2024, the result moved from € -22,142 to € 4,276. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 71,397
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,276
▲ still € 22,142 loss in 2024
Profit after tax over the fiscal year.
€ 6,421
▲ 152% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -90,603.
People and assets in 2025
€ 45,534
▲ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 35,915
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 107,149
▼ 27% vs 2024
€ 15,427 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 24,581
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,487
▲ 154% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 144,652 | € 108,765 | € 65,876 | € 95,557 | ▲ 45% |
| Profit after taxes | € 49,465 | € 19,285 | € -22,142 | € 4,276 | ▲ € 26,418 |
| Equity | € 69,977 | € 89,263 | € 67,120 | € 71,397 | ▲ 6% |
| Total debts | € 327,171 | € 244,546 | € 335,057 | € 297,627 | ▼ 11% |
| Cash | € 1,594 | € 5,572 | € 2,547 | € 6,421 | ▲ 152% |
| Land & buildings | € 26,823 | € 24,522 | € 27,677 | € 24,996 | ▼ 10% |
| Retained profit | € -92,023 | € -72,737 | € -94,880 | € -90,603 | ▲ € 4,276 |
| Bank debt | € 100,759 | € 71,326 | € 146,476 | € 107,149 | ▼ 27% |
| Balance sheet total | € 397,148 | € 333,809 | € 402,177 | € 369,023 | ▼ 8% |
Key figures of PALMA MEUBELEN, 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 PALMA MEUBELEN?
What happened at PALMA MEUBELEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,276. filed late Source: NBB ↗
- MIKADO NV became a director. NBB
- Eddy Vanryckeghem became a director. NBB
- Nick Vanryckeghem became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,465 profit in 2022 to € 4,276 profit in 2025.
Paid € 1,700 in corporate taxes since 2022.
Best year ever: 2022, with € 49,465 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MIKADO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PALMA MEUBELENBehind PALMA MEUBELEN are MIKADO NV, Eddy Vanryckeghem and Nick Vanryckeghem. The shares are held by MIKADO (2.6%).
Directors
According to the 2025 annual accounts
Shareholders
2.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gentstraat 231
8760 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
meubelen-palma.be
Registered
2005-09-07
Website info
Features
Security
Network
Details
- Company number
- 0408.479.272
- VAT number
- BE 0408.479.272
- Registered office
- Gentstraat 231, 8760 Tielt
- Names & denominations
- PALMA MEUBELEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1971
- Peppol
- Active · Active since 30 Jan 2025
- Contact
- meubelen-palma.be
- Activities · NACE
Vervaardiging van kantoor- en winkelmeubelen
Vervaardiging van kantoor-, winkel- en ateliermeubelen, overwegend van metaal
Vervaardiging van overige artikelen van metaal, n.e.g.
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels
Vervaardiging van overige producten van metaal, neg
Reparatie en onderhoud van meubelen en stoffering