Financials
Financial year 2025
PALVIC from Ukkel, company number BE0429116023, closed financial year 2025 with a result of € 20,049 after tax. For that financial year PALVIC recorded a gross margin of € 34,638 and equity of € 95,817. Compared with financial year 2024, the result moved from € 22,642 to € 20,049. 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 May 13, 2026.
€ 95,817
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,049
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 45,013
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 12,000 paid out
60 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 174
▲ 140% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 29,560 | € 32,332 | € 36,980 | € 34,638 | ▼ 6% |
| Profit after taxes | € 5,696 | € 10,065 | € 22,642 | € 20,049 | ▼ 11% |
| Equity | € 69,061 | € 79,126 | € 87,768 | € 95,817 | ▲ 9% |
| Total debts | € 169,239 | € 10,427 | € 27,936 | € 28,684 | ▲ 3% |
| Cash | € 149,444 | € 9,904 | € 37,000 | € 45,013 | ▲ 22% |
| Land & buildings | € 75,672 | € 75,672 | € 75,672 | € 75,672 | |
| Retained profit | € 5,822 | € 15,887 | € 24,529 | € 32,577 | ▲ 33% |
| Dividend | € 0 | € 0 | € 14,000 | € 12,000 | ▼ 14% |
| Bank debt | € 168,116 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 238,300 | € 89,553 | € 115,704 | € 124,501 | ▲ 8% |
Key figures of PALVIC, 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 PALVIC?
What happened at PALVIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,049 (▼ 11% vs 2024). Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,696 profit in 2022 to € 20,049 profit in 2025.
Paid € 12,956 in corporate taxes since 2022.
Best year ever: 2024, with € 22,642 profit.
Paid out € 26,000 in dividends to the owners in total.
Management
Behind PALVIC are MURAT BENOEL, ALEXANDRE MANDY and MARIE-DOMINIQUE DELEUSE. The same people are also behind FRADOM. ALEXANDRE MANDY is also behind Ets. Mandy - Mapol and Ets A. MANDY.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Schoon Uitzichtlaan 70
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0429.116.023
- VAT number
- BE 0429.116.023
- Registered office
- Schoon Uitzichtlaan 70, 1180 Ukkel
- Names & denominations
- PALVIC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 1986
- Peppol
- Active · Active since 9 Feb 2026