Financials
Financial year 2024
Palumbo from Seraing, company number BE0416651523, closed financial year 2024 with a result of € 256,229 after tax. For that financial year Palumbo recorded a gross margin of € 772,879 and equity of € 1.7 million. Compared with financial year 2023, the result moved from € 317,226 to € 256,229. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2025.
€ 1.7 million
▲ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 256,229
▼ 19% vs 2023
Profit after tax over the fiscal year.
€ 1.2 million
▲ 6% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
39 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
8
▲ 1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 391,218
▲ 2% vs 2023
€ 48,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 100,144
▲ 164% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 29,330
▲ 17% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 24,914
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 694,933 | € 716,811 | € 835,678 | € 772,879 | ▼ 8% |
| Profit after taxes | € 217,189 | € 249,583 | € 317,226 | € 256,229 | ▼ 19% |
| Equity | € 1,025,609 | € 1,275,192 | € 1,580,307 | € 1,736,536 | ▲ 10% |
| Total debts | € 289,539 | € 230,952 | € 75,848 | € 67,598 | ▼ 11% |
| Cash | € 958,780 | € 1,124,682 | € 1,172,218 | € 1,241,487 | ▲ 6% |
| Land & buildings | € 27,007 | € 27,007 | € 27,007 | € 27,007 | |
| Retained profit | € 901,662 | € 1,151,245 | € 1,456,360 | € 1,612,589 | ▲ 11% |
| Dividend | € 0 | € 0 | € 12,111 | € 100,000 | ▲ € 87,889 |
| Bank debt | € 11,087 | € 7,540 | € 3,909 | € 0 | ▼ 100% |
| Balance sheet total | € 1,315,148 | € 1,506,144 | € 1,656,155 | € 1,804,134 | ▲ 9% |
| Employees (FTE) | 6.9 | 6.4 | 7 | 8 | ▲ 1 |
Key figures of Palumbo, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Palumbo?
What happened at Palumbo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 256,229 (▼ 19% vs 2023). filed late Source: NBB ↗
- New establishment in Seraing. KBO
- Start of the company according to the CBE. KBO
In short
From € 217,189 profit in 2021 to € 256,229 profit in 2024.
Paid € 375,938 in corporate taxes since 2021.
Best year ever: 2023, with € 317,226 profit.
On average € 96,600 of value added per employee in 2024.
Establishments
Establishment units
Physical locations of this company
Rue Mozart 43
4100 Seraing
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.
Details
- Company number
- 0416.651.523
- VAT number
- BE 0416.651.523
- Registered office
- Rue Mozart 43, 4100 Seraing
- Names & denominations
- Palumbo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 1976
- Peppol
- Active · Active since 11 May 2025
- Activities · NACE
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