Financials
Financial year 2025
PALIO from Kortrijk, company number BE0438544423, closed financial year 2025 with a result of € 42,974 after tax. For that financial year PALIO recorded a gross margin of € 198,558 and equity of € 412,639. Compared with financial year 2024, the result moved from € 5,895 to € 42,974. Profitable, and profit is growing. 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 April 10, 2026.
€ 412,639
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,974
▲ € 37,079 vs 2024
Profit after tax over the fiscal year.
€ 83,972
▲ € 71,107 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 € -642,361.
People and assets in 2025
€ 22,479
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 13,865
▲ € 11,277 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,878
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 105,004 | € 327,919 | € 66,272 | € 198,558 | ▲ 200% |
| Profit after taxes | € 27,485 | € 239,690 | € 5,895 | € 42,974 | ▲ € 37,079 |
| Equity | € 124,079 | € 363,770 | € 369,665 | € 412,639 | ▲ 12% |
| Total debts | € 696,493 | € 689,349 | € 712,655 | € 720,925 | ▲ 1% |
| Cash | € 293,244 | € 33,264 | € 12,865 | € 83,972 | ▲ € 71,107 |
| Land & buildings | € 247,303 | € 208,526 | € 202,163 | € 636,894 | ▲ 215% |
| Retained profit | € -930,921 | € -691,230 | € -685,335 | € -642,361 | ▲ € 42,974 |
| Balance sheet total | € 820,757 | € 1,101,080 | € 1,130,280 | € 1,183,433 | ▲ 5% |
Key figures of PALIO, 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 PALIO?
What happened at PALIO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Anne Bouckaert stepped down as director. NBB
- Jan-Felix Billiet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 42,974 (▲ € 37,079 vs 2024). Source: NBB ↗
- Anne Bouckaert became a director. NBB
- Jan-Felix Billiet became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,485 profit in 2022 to € 42,974 profit in 2025.
Paid € 16,878 in corporate taxes since 2022.
Best year ever: 2023, with € 239,690 profit.
Management
Directors
According to the 2025 annual accounts
Anne Bouckaert
Director
since 2023 · until 2029
Jan-Felix Billiet
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Koning Leopold III-laan(Kor) 23
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.544.423
- VAT number
- BE 0438.544.423
- Registered office
- Koning Leopold III-laan(Kor) 23, 8500 Kortrijk
- Names & denominations
- PALIO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 1989
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
Vervaardiging van overige kleding en toebehoren, neg
Vervaardiging van overige kleding en kledingaccessoires, n.e.g.
Vervaardiging van andere kleding en toebehoren, n.e.g.
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Overige technische testen en toetsen
Overige gespecialiseerde wetenschappelijke en technische activiteiten