What does PALACON do?

PALACON is an engineering firm in Geraardsbergen. Private Limited, started on 14 July 1997, 1 establishment.

What is the address of PALACON?

The registered office of PALACON is located at Lestpolder(Zan) 21, 9506 Geraardsbergen.

Is PALACON still active?

Yes. According to the CBE (30 October 2026) PALACON is active, legal situation “Normale toestand”, started on 14 July 1997.

Is PALACON registered on Peppol?

Yes, PALACON is registered on the Peppol network with ID 0208:0461020709.

What is the enterprise number of PALACON?

The enterprise number of PALACON is BE0461020709.

When was PALACON founded?

PALACON was founded on 14 July 1997.

Who are the directors of PALACON?

According to the 2025 annual accounts, the directors of PALACON are: Paul De Smet.

Is PALACON a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 July 1997; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did PALACON make in 2025?

PALACON posted a profit after taxes of € 425,251 in financial year 2025.

What is the revenue of PALACON?

As a small company, PALACON is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 191,035.

How many employees does PALACON have?

According to the 2025 annual accounts, PALACON has 0 full-time equivalents (FTE).

PALACON (Private Limited) - Geraardsbergen - BE0461020709

Dossier PALACON, printed on 30 October 2026 from databakkes.be/en/0461020709/palacon. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

PALACON from Geraardsbergen, company number BE0461020709, closed financial year 2025 with a result of € 425,251 after tax. For that financial year PALACON recorded a gross margin of € 191,035 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 309,837 to € 425,251. 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 March 27, 2026.

What it is worth Growing

€ 2.9 million

▲ 16% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 425,251

▲ 37% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 135,152

▲ 17% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 33,092 paid out

8 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 352

▼ 48% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 75,563

▼ 40% vs 2024

€ 50,491 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 2,482

▼ 93% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 29,607

▲ 181% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 213,338 Gross margin 2022: € 213,338 First fiscal year in the series	€ 209,334 Gross margin 2023: € 209,334 ▼ 2% vs 2022 (€ 213,338) Unfavourable step	€ 232,071 Gross margin 2024: € 232,071 ▲ 11% vs 2023 (€ 209,334) Favourable step	€ 191,035 Gross margin 2025: € 191,035 ▼ 18% vs 2024 (€ 232,071) Unfavourable step	▼ 18%
Profit after taxes	€ 578,662 Profit after taxes 2022: € 578,662 First fiscal year in the series	€ 350,035 Profit after taxes 2023: € 350,035 ▼ 40% vs 2022 (€ 578,662) Unfavourable step	€ 309,837 Profit after taxes 2024: € 309,837 ▼ 11% vs 2023 (€ 350,035) Unfavourable step	€ 425,251 Profit after taxes 2025: € 425,251 ▲ 37% vs 2024 (€ 309,837) Favourable step	▲ 37%
Equity	€ 2,756,679 Equity 2022: € 2,756,679 First fiscal year in the series	€ 2,274,713 Equity 2023: € 2,274,713 ▼ 17% vs 2022 (€ 2,756,679) Unfavourable step	€ 2,491,425 Equity 2024: € 2,491,425 ▲ 10% vs 2023 (€ 2,274,713) Favourable step	€ 2,883,585 Equity 2025: € 2,883,585 ▲ 16% vs 2024 (€ 2,491,425) Favourable step	▲ 16%
Total debts	€ 386,546 Total debts 2022: € 386,546 First fiscal year in the series	€ 200,882 Total debts 2023: € 200,882 ▼ 48% vs 2022 (€ 386,546) Favourable step	€ 170,440 Total debts 2024: € 170,440 ▼ 15% vs 2023 (€ 200,882) Favourable step	€ 107,653 Total debts 2025: € 107,653 ▼ 37% vs 2024 (€ 170,440) Favourable step	▼ 37%
Cash	€ 463,466 Cash 2022: € 463,466 First fiscal year in the series	€ 9,906 Cash 2023: € 9,906 ▼ 98% vs 2022 (€ 463,466) Unfavourable step	€ 115,844 Cash 2024: € 115,844 ▲ € 105,938 vs 2023 (€ 9,906) Favourable step	€ 135,152 Cash 2025: € 135,152 ▲ 17% vs 2024 (€ 115,844) Favourable step	▲ 17%
Land & buildings	€ 1,151 Land & buildings 2022: € 1,151 First fiscal year in the series	€ 987 Land & buildings 2023: € 987 ▼ 14% vs 2022 (€ 1,151) Unchanged	€ 822 Land & buildings 2024: € 822 ▼ 17% vs 2023 (€ 987) Unchanged	€ 658 Land & buildings 2025: € 658 ▼ 20% vs 2024 (€ 822) Unchanged	▼ 20%
Retained profit	€ 1,860,679 Retained profit 2022: € 1,860,679 First fiscal year in the series	€ 2,210,713 Retained profit 2023: € 2,210,713 ▲ 19% vs 2022 (€ 1,860,679) Favourable step	€ 2,427,425 Retained profit 2024: € 2,427,425 ▲ 10% vs 2023 (€ 2,210,713) Favourable step	€ 2,819,585 Retained profit 2025: € 2,819,585 ▲ 16% vs 2024 (€ 2,427,425) Favourable step	▲ 16%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 93,125 Dividend 2024: € 93,125 Unchanged (€ 0) Unchanged	€ 33,092 Dividend 2025: € 33,092 ▼ 64% vs 2024 (€ 93,125) Unchanged	▼ 64%
Bank debt	€ 275,000 Bank debt 2022: € 275,000 First fiscal year in the series	€ 55,000 Bank debt 2023: € 55,000 ▼ 80% vs 2022 (€ 275,000) Favourable step	€ 126,054 Bank debt 2024: € 126,054 ▲ 129% vs 2023 (€ 55,000) Unfavourable step	€ 75,563 Bank debt 2025: € 75,563 ▼ 40% vs 2024 (€ 126,054) Favourable step	▼ 40%
Balance sheet total	€ 3,143,224 Balance sheet total 2022: € 3,143,224 First fiscal year in the series	€ 2,475,596 Balance sheet total 2023: € 2,475,596 ▼ 21% vs 2022 (€ 3,143,224) Unchanged	€ 2,661,865 Balance sheet total 2024: € 2,661,865 ▲ 8% vs 2023 (€ 2,475,596) Unchanged	€ 2,991,238 Balance sheet total 2025: € 2,991,238 ▲ 12% vs 2024 (€ 2,661,865) Unchanged	▲ 12%

Key figures of PALACON, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to PALACON?

What happened at PALACON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Mar 27, 2026 New annual accounts for financial year 2025: profit of € 425,251 (▲ 37% vs 2024). Source: NBB ↗
Aug 13, 1997 New establishment in Geraardsbergen. KBO
Jul 14, 1997 Start of the company according to the CBE. KBO

In short

From € 578,662 profit in 2022 to € 425,251 profit in 2025.

Paid € 235,325 in corporate taxes since 2022.

Best year ever: 2022, with € 578,662 profit.

Paid out € 126,217 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Paul De Smet

PALACON

BIVIT 99%

Behind PALACON is Paul De Smet. It owns 99% of BIVIT itself.

Directors

According to the 2025 annual accounts

Paul De Smet

Director

Also active at: BIVIT

Establishments

Establishment units

Physical locations of this company

Registered office

Lestpolder(Zan) 21

9506 Geraardsbergen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

De Smet Paul

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0461.020.709

VAT number

BE 0461.020.709

Registered office

Lestpolder(Zan) 21, 9506 Geraardsbergen

Names & denominations

PALACON

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

14 July 1997

Peppol

Active · Active since 30 Oct 2025

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View on CBE Public ↗ Annual accounts (NBB) ↗

PALACON

Financials

What happened to PALACON?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions