Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Pallix from Waregem, company number BE0418078116, closed financial year 2025 with a result of € -40,805 after tax. For that financial year Pallix recorded a gross margin of € 87,035 and equity of € 777,328. Compared with financial year 2024, the result moved from € 51,722 to € -40,805. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 777,328
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,805
▼ still € 51,722 profit in 2024
Profit after tax over the fiscal year.
€ 15,296
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -740,904.
Debts at end 2025
€ 380,489
▼ 10% vs 2024
€ 30,290 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 262
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 100,222 | € 65,255 | € 166,594 | € 87,035 | ▼ 48% |
| Profit after taxes | € 3,277 | € -45,835 | € 51,722 | € -40,805 | ▼ € 92,526 |
| Equity | € 828,885 | € 766,411 | € 818,133 | € 777,328 | ▼ 5% |
| Total debts | € 528,499 | € 468,948 | € 493,800 | € 437,821 | ▼ 11% |
| Cash | € 55,441 | € 19,376 | € 59,177 | € 15,296 | ▼ 74% |
| Land & buildings | € 1,296,548 | € 1,213,726 | € 1,252,278 | € 1,199,423 | ▼ 4% |
| Retained profit | € -689,347 | € -751,821 | € -700,099 | € -740,904 | ▼ € 40,805 |
| Bank debt | € 436,655 | € 396,126 | € 421,304 | € 380,489 | ▼ 10% |
| Balance sheet total | € 1,357,384 | € 1,235,359 | € 1,311,933 | € 1,215,149 | ▼ 7% |
Key figures of Pallix, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Pallix?
What happened at Pallix in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,805 (▼ € 92,526 vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,277 profit in 2021 to € 40,805 loss in 2025.
Paid € 0 in corporate taxes since 2021.
Best year ever: 2024, with € 51,722 profit.
Management
Behind Pallix are Jurgen Van Boxel, Steve Van Boxel and Felix Van Boxel. Felix Van Boxel is also behind Autovilla.
Directors
According to the 2025 annual accounts
Jurgen Van Boxel
Director
Steve Van Boxel
Director
Establishments
Establishment units
Physical locations of this company
Stormestraat 87
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.078.116
- VAT number
- BE 0418.078.116
- Registered office
- Stormestraat 87, 8790 Waregem
- Names & denominations
- Pallix
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 1977
- Peppol
- Active · Active since 25 Feb 2026
- Activities · NACE
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