Financials
Financial year 2025
PALLAS BELGIUM from Antwerpen, company number BE0464760157, closed financial year 2025 with a result of € 699,800 after tax. For that financial year PALLAS BELGIUM recorded a gross margin of € 137,463 and equity of € 4 million. Compared with financial year 2024, the result moved from € -34,161 to € 699,800. 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 July 16, 2026.
€ 4 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 699,800
▲ still € 34,161 loss in 2024
Profit after tax over the fiscal year.
€ 58,567
▲ 62% 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 € 2.9 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 12,651
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 45,109 | € 78,372 | € 88,517 | € 137,463 | ▲ 55% |
| Profit after taxes | € 7,324 | € 35,538 | € -34,161 | € 699,800 | ▲ € 733,961 |
| Equity | € 1,030,806 | € 966,344 | € 3,256,363 | € 3,956,163 | ▲ 21% |
| Total debts | € 13,367 | € 102,139 | € 7,046 | € 12,651 | ▲ 80% |
| Cash | € 512,137 | € 587,403 | € 36,140 | € 58,567 | ▲ 62% |
| Land & buildings | € 524,890 | € 472,967 | € 1,533,057 | € 1,750,667 | ▲ 14% |
| Retained profit | € 349,099 | € 284,637 | € 2,216,171 | € 2,915,971 | ▲ 32% |
| Dividend | € 0 | € 100,000 | € 0 | € 0 | |
| Balance sheet total | € 1,044,174 | € 1,068,483 | € 3,263,410 | € 3,968,814 | ▲ 22% |
Key figures of PALLAS BELGIUM, fiscal years 2021 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 PALLAS BELGIUM?
What happened at PALLAS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ANN GILLIS stepped down as director. NBB
- FILIP ENGELEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 699,800. Source: NBB ↗
- ANN GILLIS became a director. NBB
- FILIP ENGELEN became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,324 profit in 2021 to € 699,800 profit in 2025.
Paid € 11,224 in corporate taxes since 2021.
Best year ever: 2025, with € 699,800 profit.
Paid out € 100,000 in dividends to the owners in total.
Management
The stake of INDUSTRIAL FUEL TECHNOLOGY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PALLAS BELGIUMThe shares are held by INDUSTRIAL FUEL TECHNOLOGY (32.8%). It owns 98.9% of Everveld and 50% of Het Witte Huis itself.
Directors
According to the 2025 annual accounts
ANN GILLIS
Director
Also active at: Alca Petroleum Company, Belgomazout, Avia Belgie-Luxemburg, EVERVELD, EIGHTY - NINE, MIDEASTCO, ROODSTOP SERVICES, LIEGE TANK STORAGE +1 more
since 2021 · until 2027
FILIP ENGELEN
Managing director
Also active at: Etablissementen Désiré Van Riet, Alca Petroleum Company, Belgomazout, BELGOMINE, Avia Belgie-Luxemburg, TRANSPORT LAMBIN, TRANSLUB, EVERVELD +10 more
since 2021 · until 2027
Shareholders
Participations
98.9%
Het Witte Huis
50%
Establishments
Establishment units
Physical locations of this company
D'Herbouvillekaai 100
2020 Antwerpen
Meiseselaan 89
1020 Brussel
Active since 15 December 1998
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0464.760.157
- VAT number
- BE 0464.760.157
- Registered office
- D'Herbouvillekaai 100, 2020 Antwerpen
- Names & denominations
- PALLAS BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 1998
- Peppol
- Active · Active since 30 Mar 2026