Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 50.4 to 43.6.
Financials
Financial year 2025
PALIFOR LOGISTICS from Engis, company number BE0479540482, closed financial year 2025 with a result of € 811,165 after tax. For that financial year PALIFOR LOGISTICS recorded revenue of € 13.8 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 458,298 to € 811,165. 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 29, 2026.
€ 3.8 million
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 811,165
▲ 77% vs 2024
Profit after tax over the fiscal year.
€ 178,438
▼ 52% 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 € 1.9 million.
People and assets in 2025
43.6
▼ 4.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▼ 3% vs 2024
€ 50,500 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.
€ 1.5 million
▼ 23% vs 2024
Of which on lease € 423,527.
Debts at end 2025
€ 3.3 million
▲ 20% vs 2024
€ 612,618 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1 million
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 384,266
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,890,092 | € 12,319,797 | € 13,088,425 | € 13,822,779 | ▲ 6% |
| Profit after taxes | € 513,289 | € 635,640 | € 458,298 | € 811,165 | ▲ 77% |
| Equity | € 2,275,662 | € 2,688,709 | € 2,977,693 | € 3,789,540 | ▲ 27% |
| Total debts | € 6,019,995 | € 4,561,031 | € 5,492,547 | € 4,794,118 | ▼ 13% |
| Cash | € 316,641 | € 166,016 | € 368,418 | € 178,438 | ▼ 52% |
| Land & buildings | € 1,580,906 | € 1,378,200 | € 1,211,111 | € 1,132,186 | ▼ 7% |
| Retained profit | € 443,375 | € 879,015 | € 1,137,312 | € 1,948,477 | ▲ 71% |
| Dividend | € 0 | € 200,000 | € 200,000 | € 0 | ▼ 100% |
| Bank debt | € 4,432,133 | € 2,265,533 | € 2,745,729 | € 3,292,867 | ▲ 20% |
| Balance sheet total | € 8,482,008 | € 7,418,013 | € 8,754,569 | € 8,849,750 | ▲ 1% |
| Employees (FTE) | 54.1 | 50.4 | 47.7 | 43.6 | ▼ 4.1 |
Key figures of PALIFOR LOGISTICS, 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 PALIFOR LOGISTICS?
What happened at PALIFOR LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DAMSEAUX AND CO SRL stepped down as director. NBB
- FRANVESCO SA stepped down as director. NBB
- SCHILS DAMIEN S.COMM stepped down as director. NBB
- GALIPAR SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 811,165 (▲ 77% vs 2024). Source: NBB ↗
- DAMSEAUX AND CO SRL became a director. NBB
- FRANVESCO SA became a director. NBB
- SCHILS DAMIEN S.COMM became a director. NBB
In short
From € 513,289 profit in 2022 to € 811,165 profit in 2025.
Paid € 406,341 in corporate taxes since 2022.
Best year ever: 2025, with € 811,165 profit.
Paid out € 400,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Director · represented by ERIC DAMSEAUX
Also active at: Magemar, MAGETRA INTERNATIONAL, MAGEMAR INTERNATIONAL, BE.CHINA, MAGETRA INTERMODAL
since 2024 · until 2030
Managing director · represented by FRANCOIS MAIRLOT
Also active at: MAGETRA INTERNATIONAL, MAGETRA INTERMODAL
since 2024 · until 2030
Director · represented by DAMIEN SCHILS
Also active at: MAGETRA INTERNATIONAL, MAGETRA INTERMODAL
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Rue Chaumont(Herm) 4C
4480 Engis
Rue Chaumont(Herm) 4 C
4480 Engis
Active since 26 March 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.540.482
- VAT number
- BE 0479.540.482
- Registered office
- Rue Chaumont(Herm) 4C, 4480 Engis
- Names & denominations
- PALIFOR LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 2003
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Goederenvervoer over de weg
Opslag
Overige opslag
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)