Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2023, 2024.
-
Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Palmaers Vakhandel from Bilzen-Hoeselt, company number BE0449866501, closed financial year 2025 with a result of € 172,868 after tax. For that financial year Palmaers Vakhandel recorded revenue of € 10.7 million and equity of € 5.4 million. Compared with financial year 2024, the result moved from € -524,072 to € 172,868. 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 June 11, 2026.
€ 5.4 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 172,868
▲ still € 524,072 loss in 2024
Profit after tax over the fiscal year.
€ 57,707
▲ 19% 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 € 5.2 million.
People and assets in 2025
25.6
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 2% vs 2024
€ 65,500 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.
€ 289,368
▼ 14% vs 2024
Of which on lease € 119,311.
Debts at end 2025
€ 2.5 million
▲ 3% vs 2024
€ 84,207 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.1 million
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 84 days on average.
€ 710,580
▲ 67% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,572,617 | € 10,767,872 | € 10,458,220 | € 10,712,452 | ▲ 2% |
| Profit after taxes | € 237,725 | € 52,873 | € -524,072 | € 172,868 | ▲ € 696,940 |
| Equity | € 5,651,022 | € 5,703,895 | € 5,179,824 | € 5,352,692 | ▲ 3% |
| Total debts | € 4,558,722 | € 4,790,200 | € 4,971,487 | € 5,729,947 | ▲ 15% |
| Cash | € 78,423 | € 133,294 | € 48,369 | € 57,707 | ▲ 19% |
| Retained profit | € 5,520,878 | € 5,573,751 | € 5,049,680 | € 5,222,548 | ▲ 3% |
| Bank debt | € 2,318,979 | € 2,759,489 | € 2,463,112 | € 2,531,502 | ▲ 3% |
| Balance sheet total | € 10,209,743 | € 10,494,095 | € 10,151,311 | € 11,082,639 | ▲ 9% |
| Employees (FTE) | 22 | 22.9 | 25.2 | 25.6 | ▲ 0.4 |
Key figures of Palmaers Vakhandel, 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 Palmaers Vakhandel?
What happened at Palmaers Vakhandel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 172,868. Source: NBB ↗
- D&A CommV stepped down as director. NBB
- D&A CommV became a director. NBB
- New establishment in Bilzen-Hoeselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 237,725 profit in 2022 to € 172,868 profit in 2025.
Paid € 203,042 in corporate taxes since 2022.
Best year ever: 2022, with € 237,725 profit.
Pays suppliers within 84 days on average.
Management
Directors
According to the 2025 annual accounts
Director · represented by Ivo Palmaers
Also active at: Guanxi-Invest, Ladderfabriek Petry, Industry Parts Limburg, BieseGek, Petry Techniek, GEVA, Immo Palmaers, PALMAERS VERHUUR +8 more
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Tongersestraat 94
3740 Bilzen-Hoeselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Guanxi-Invest same network
€ 288,180 gross margin · 2025
BieseGek same network
€ -1,914 gross margin · 2025
Immo Palmaers same network
€ 1.1 million gross margin · 2025
PALMAERS VERHUUR same network
€ 2 million gross margin · 2025
Toolforce same network
€ 18,332 gross margin · 2025
+7 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
- 0449.866.501
- VAT number
- BE 0449.866.501
- Registered office
- Tongersestraat 94, 3740 Bilzen-Hoeselt
- Names & denominations
- Palmaers Vakhandel
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 1993
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Overige niet-gespecialiseerde detailhandel
Grootwarenhuizen (verkoop van overwegend niet-voedingsmiddelen met verkoopsopp.vanaf 2.500 m2)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte. = 2500 m²)
Groothandel in aanhangwagens, opleggers en caravans
+2