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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PALERMO from Blankenberge, company number BE0447459812, closed financial year 2025 with a result of € 2,537 after tax. For that financial year PALERMO recorded a gross margin of € 10,346 and equity of € -6,110. Compared with financial year 2024, the result moved from € 2,047 to € 2,537. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ -6,110
▲ € 2,537 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,537
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 132
▼ 80% 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 € -111,465.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,364
▲ 155% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,140 | € 11,925 | € 9,855 | € 10,346 | ▲ 5% |
| Profit after taxes | € 2,152 | € 4,191 | € 2,047 | € 2,537 | ▲ 24% |
| Equity | € -14,885 | € -10,694 | € -8,647 | € -6,110 | ▲ € 2,537 |
| Total debts | € 118,662 | € 108,216 | € 100,601 | € 92,176 | ▼ 8% |
| Cash | € 103 | € 44 | € 669 | € 132 | ▼ 80% |
| Land & buildings | € 126,695 | € 119,091 | € 111,488 | € 103,884 | ▼ 7% |
| Retained profit | € -120,240 | € -116,048 | € -114,002 | € -111,465 | ▲ € 2,537 |
| Bank debt | € 18 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 126,799 | € 119,135 | € 112,157 | € 104,859 | ▼ 7% |
Key figures of PALERMO, 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 PALERMO?
What happened at PALERMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,537 (▲ 24% vs 2024). filed late Source: NBB ↗
- Ronny Van Den Broucke became a director. NBB
- New establishment in Blankenberge. KBO
- André René Van Den Broucke became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,152 profit in 2022 to € 2,537 profit in 2025.
Best year ever: 2023, with € 4,191 profit.
Management
Behind PALERMO are Ronny Van Den Broucke and André René Van Den Broucke.
Directors
According to the 2025 annual accounts
Ronny Van Den Broucke
Director
since 2017
André René Van Den Broucke
Manager
since 1992
Establishments
Establishment units
Physical locations of this company
Zeedijk 157 box 39F
8370 Blankenberge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Agence Verburgh
€ 598,851 gross margin · 2025
SEA BLAN
€ 74,834 gross margin · 2025
BRASSERIE MONTMARTRE
€ 1 million gross margin · 2025
Vereniging van Mede-eigenaars Residentie Excelsior-Belle-Vue te Blankenberge, Zeedijk 157
RES EXELSIOR VME
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.459.812
- VAT number
- BE 0447.459.812
- Registered office
- Zeedijk 157 bus 39F, 8370 Blankenberge
- Names & denominations
- PALERMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 1992
- Peppol
- Not registered