Bankrupt · Opening faillissement (CBE)

PALO ALTO

BE0637966129

Rechtspersoon Private limited company 1 establishment

PALO ALTO is a hospitality business in Sint-Gillis (bij-Brussel). Private Limited, started on 22 September 2015, 1 establishment.

Tasson-Snelstraat 35, 1060 Sint-Gillis (bij-Brussel)

Start date

22 September 2015

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

PALO ALTO from Sint-Gillis (bij-Brussel), company number BE0637966129, closed financial year 2023 with a result of € -24,096 after tax. For that financial year PALO ALTO recorded a gross margin of € 85,544 and equity of € 38,567. Compared with financial year 2022, the result moved from € 4,657 to € -24,096. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 2, 2024.

What it is worth Healthy

€ 38,567

▼ 38% vs 2022

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

Loss Caution

€ -24,096

▼ still € 4,657 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 28,565

▼ 32% vs 2022

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 25,367.

People and assets in 2023

Wage cost

€ 93,002

▲ 15% vs 2022

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 880

▼ 71% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

€ 35,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 49,270

▲ 23% vs 2022

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

Taxes and wages

€ 96,776

▲ 10% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 70,440 € 94,321 € 85,544 ▼ 9%
Profit after taxes € 14,892 € 4,657 € -24,096 ▼ € 28,753
Equity € 58,007 € 62,663 € 38,567 ▼ 38%
Total debts € 83,947 € 162,891 € 182,066 ▲ 12%
Cash € 43,155 € 41,766 € 28,565 ▼ 32%
Retained profit € 44,807 € 49,463 € 25,367 ▼ 49%
Bank debt € 35,000 € 35,000 € 35,000
Balance sheet total € 141,954 € 225,555 € 220,633 ▼ 2%

Key figures of PALO ALTO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to PALO ALTO?

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

PALO ALTO is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 24,096 (▼ € 28,753 vs 2022). filed late Source: NBB ↗
  • New establishment in Sint-Gillis (bij-Brussel). KBO
  • Start of the company according to the CBE. KBO

In short

From € 14,892 profit in 2021 to € 24,096 loss in 2023.

Paid € 7,970 in corporate taxes since 2021.

Best year ever: 2021, with € 14,892 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Tasson-Snelstraat 35

1060 Sint-Gillis (bij-Brussel)

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

Details

Company number
0637.966.129
VAT number
BE 0637.966.129
Registered office
Tasson-Snelstraat 35, 1060 Sint-Gillis (bij-Brussel)
Names & denominations
PALO ALTO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
22 September 2015
Peppol
Not registered
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Eetgelegenheden met beperkte bediening

Frequently asked questions

What does PALO ALTO do?
PALO ALTO is a hospitality business in Sint-Gillis (bij-Brussel). Private Limited, started on 22 September 2015, 1 establishment.
What is the address of PALO ALTO?
The registered office of PALO ALTO is located at Tasson-Snelstraat 35, 1060 Sint-Gillis (bij-Brussel).
Is PALO ALTO still active?
No. The CBE lists PALO ALTO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is PALO ALTO registered on Peppol?
No, PALO ALTO is currently not registered on the Peppol network.
What is the enterprise number of PALO ALTO?
The enterprise number of PALO ALTO is BE0637966129.
When was PALO ALTO founded?
PALO ALTO was founded on 22 September 2015.