Financials
Financial year 2025
Worth noting
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ 35,001
▼ 65% vs 2024
Profit
Caution€ -357,259
▲ 2% vs 2024
Debts
Low€ 8.5 million
▲ 2% vs 2024
PALENCO from Menen, company number BE0450395645, closed financial year 2025 with a result of € -357,259 after tax. For that financial year PALENCO recorded a gross margin of € 35,001 and equity of € 5.9 million. Compared with financial year 2024, the result moved from € -364,084 to € -357,259. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
What happened at PALENCO?
What happened at PALENCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 357,259. Source: NBB ↗
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 137,570 loss in 2022 to € 357,259 loss in 2025.
Paid € 655 in corporate taxes since 2022.
On average € 35,000 of value added per employee in 2025.
A new publication or filing at PALENCO? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
Behind PALENCO are Magalie D'HEYGERE, Sylvie VERCRUYSSE, Lorenz D'HEYGERE and Axelle D'HEYGERE. The same people are also behind Tyger and HAX.
Establishments
Establishment units
Physical locations of this company
Waalvest 15
8930 Menen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
Details
- Company number
- 0450.395.645
- VAT number
- BE 0450.395.645
- Registered office
- Waalvest 15, 8930 Menen
- Names & denominations
- PALENCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1993
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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