Financials
Financial year 2025
PALMAZOUT from Oreye, company number BE0439260738, closed financial year 2025 with a result of € 212,051 after tax. For that financial year PALMAZOUT recorded a gross margin of € 917,136 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 361,602 to € 212,051. 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 October 13, 2026.
€ 1.4 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 212,051
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 793,148
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 38,000 paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.4
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 348,759
▲ 10% vs 2024
€ 64,600 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.
€ 118,694
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 95,871
▼ 62% vs 2024
€ 15,606 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 783,691
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 153,468
▲ 68% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 580,523 | € 500,507 | € 1,002,527 | € 917,136 | ▼ 9% |
| Profit after taxes | € 127,123 | € 219,880 | € 361,602 | € 212,051 | ▼ 41% |
| Equity | € 785,854 | € 906,734 | € 1,268,337 | € 1,442,388 | ▲ 14% |
| Total debts | € 2,212,564 | € 1,683,062 | € 1,654,415 | € 1,071,413 | ▼ 35% |
| Cash | € 273,657 | € 226,323 | € 648,907 | € 793,148 | ▲ 22% |
| Land & buildings | € 314,888 | € 58,929 | € 52,401 | € 45,872 | ▼ 12% |
| Retained profit | € 767,262 | € 888,142 | € 1,249,745 | € 1,423,796 | ▲ 14% |
| Dividend | € 0 | € 99,000 | € 0 | € 38,000 | |
| Bank debt | € 305,589 | € 230,402 | € 253,233 | € 95,871 | ▼ 62% |
| Balance sheet total | € 2,998,418 | € 2,655,478 | € 2,988,432 | € 2,579,482 | ▼ 14% |
| Employees (FTE) | 4.8 | 5.3 | 5.1 | 5.4 | ▲ 0.3 |
Key figures of PALMAZOUT, 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 PALMAZOUT?
What happened at PALMAZOUT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 212,051 (▼ 41% vs 2024). filed late Source: NBB ↗
- New establishment in Oreye. KBO
- Patrick PALLEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 127,123 profit in 2022 to € 212,051 profit in 2025.
Paid € 322,705 in corporate taxes since 2022.
Best year ever: 2024, with € 361,602 profit.
On average € 169,800 of value added per employee in 2025.
Management
Behind PALMAZOUT is Patrick PALLEN. The shares are held by Patrick Pallen (100%).
Directors
According to the 2025 annual accounts
Patrick PALLEN
Administrator-manager
since 1989
Shareholders
Patrick Pallen
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grand'Route 79
4360 Oreye
Grand'Route 62
4360 Oreye
Active since 9 January 1990
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
- 0439.260.738
- VAT number
- BE 0439.260.738
- Registered office
- Grand'Route 79, 4360 Oreye
- Names & denominations
- PALMAZOUT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1989
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
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