Financials
Financial year 2026
Palace by Shamrock from Tielt, company number BE0550722250, closed financial year 2026 with a result of € 91,732 after tax. For that financial year Palace by Shamrock recorded a gross margin of € 1 million and equity of € 20,460. Compared with financial year 2025, the result moved from € -3,937 to € 91,732. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 20,460
▲ 8% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91,732
▲ still € 3,937 loss in 2025
Profit after tax over the fiscal year.
€ 103,616
▲ 68% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 90,232 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
18.9
▼ 0.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 858,600
▲ 13% vs 2025
€ 45,400 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.
€ 24,346
▼ 26% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 50,000
Loans from banks and other lenders, long and short.
€ 184,493
▲ 40% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 124,268
▲ 25% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,063,905 | € 737,067 | € 778,973 | € 1,003,045 | ▲ 29% |
| Profit after taxes | € 268,687 | € -16,060 | € -3,937 | € 91,732 | ▲ € 95,669 |
| Equity | € 156,157 | € 97,897 | € 18,960 | € 20,460 | ▲ 8% |
| Total debts | € 180,981 | € 239,155 | € 278,600 | € 489,004 | ▲ 76% |
| Cash | € 55,367 | € 32,734 | € 61,616 | € 103,616 | ▲ 68% |
| Retained profit | € 149,957 | € 79,297 | € 360 | € 1,860 | ▲ € 1,500 |
| Dividend | € 0 | € 54,600 | € 75,000 | € 90,232 | ▲ 20% |
| Bank debt | € 0 | € 0 | € 0 | € 50,000 | |
| Balance sheet total | € 337,137 | € 337,052 | € 297,560 | € 509,464 | ▲ 71% |
| Employees (FTE) | - | 18.1 | 19 | 18.9 | ▼ 0.1 |
Key figures of Palace by Shamrock, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Palace by Shamrock?
What happened at Palace by Shamrock in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 91,732. Source: NBB ↗
- New establishment in Tielt. KBO
- Jochem Heytens became a director. NBB
- Annelies Vlaemynck became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 268,687 profit in 2023 to € 91,732 profit in 2026.
Paid € 34,854 in corporate taxes since 2023.
Best year ever: 2023, with € 268,687 profit.
On average € 53,100 of value added per employee in 2026.
Management
Behind Palace by Shamrock are Jochem Heytens and Annelies Vlaemynck. The same people are also behind Shamrock, Annexx By Shamrock and EL PARADOR BY SHAMROCK.
Directors
According to the 2026 annual accounts
since 2014
since 2014
Establishments
Establishment units
Physical locations of this company
Euromarktlaan 24
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0550.722.250
- VAT number
- BE 0550.722.250
- Registered office
- Euromarktlaan 24, 8700 Tielt
- Names & denominations
- Palace by Shamrock
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 April 2014
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- shamrock.be
- Activities · NACE
Catering van evenementen
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen