Financials
Financial year 2025
PALRACO from Wellen, company number BE0477488735, closed financial year 2025 with a result of € 17,203 after tax. For that financial year PALRACO recorded a gross margin of € 58,252 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 86,232 to € 17,203. The company is profitable. 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 16, 2026.
€ 1.3 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,203
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 275,248
▼ 69% 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 € 1.1 million.
People and assets in 2025
€ 61,094
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 24,050
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,259
▲ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 223,679 | € 90,203 | € 143,840 | € 58,252 | ▼ 60% |
| Profit after taxes | € 132,853 | € 55,767 | € 86,232 | € 17,203 | ▼ 80% |
| Equity | € 1,113,577 | € 1,169,344 | € 1,255,576 | € 1,272,778 | ▲ 1% |
| Total debts | € 71,332 | € 106,404 | € 57,620 | € 58,414 | ▲ 1% |
| Cash | € 804,574 | € 929,403 | € 884,874 | € 275,248 | ▼ 69% |
| Land & buildings | € 86,520 | € 86,520 | € 86,520 | € 86,520 | |
| Retained profit | € 979,577 | € 1,035,344 | € 1,121,576 | € 1,138,778 | ▲ 2% |
| Balance sheet total | € 1,184,908 | € 1,275,747 | € 1,313,196 | € 1,331,192 | ▲ 1% |
Key figures of PALRACO, 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 PALRACO?
What happened at PALRACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,203 (▼ 80% vs 2024). Source: NBB ↗
- New establishment in Wellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 132,853 profit in 2022 to € 17,203 profit in 2025.
Paid € 148,691 in corporate taxes since 2022.
Best year ever: 2022, with € 132,853 profit.
Management
Behind PALRACO are FREDDY VANBERGEN and ELS VANBERGEN.
Directors
According to the 2025 annual accounts
FREDDY VANBERGEN
Director
ELS VANBERGEN
Director
Establishments
Establishment units
Physical locations of this company
Hertenstraat 15
3830 Wellen
Hertenstraat 15-16
3830 Wellen
Active since 27 May 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.488.735
- VAT number
- BE 0477.488.735
- Registered office
- Hertenstraat 15, 3830 Wellen
- Names & denominations
- PALRACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2002
- Peppol
- Active · Active since 20 May 2025
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