Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PALINCKHOVE from De Panne, company number BE0641846228, closed financial year 2025 with a result of € -40,502 after tax. For that financial year PALINCKHOVE recorded a gross margin of € 72,536 and equity of € -156,571. Compared with financial year 2024, the result moved from € 23,857 to € -40,502. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ -156,571
▼ € 40,502 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,502
▼ still € 23,857 profit in 2024
Profit after tax over the fiscal year.
€ 16,958
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -256,571.
People and assets in 2025
€ 27,096
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 262,500
▼ 16% vs 2024
€ 50,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,582
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 106,663 | € 123,576 | € 144,957 | € 72,536 | ▼ 50% |
| Profit after taxes | € -4,296 | € 1,118 | € 23,857 | € -40,502 | ▼ € 64,360 |
| Equity | € -141,044 | € -139,926 | € -116,069 | € -156,571 | ▼ € 40,502 |
| Total debts | € 2,463,016 | € 2,427,161 | € 2,282,802 | € 2,241,590 | ▼ 2% |
| Cash | € 29,730 | € 55,256 | € 13,867 | € 16,958 | ▲ 22% |
| Land & buildings | € 2,193,834 | € 2,129,458 | € 2,065,082 | € 2,000,705 | ▼ 3% |
| Retained profit | € -241,044 | € -239,926 | € -216,069 | € -256,571 | ▼ € 40,502 |
| Bank debt | € 412,500 | € 362,500 | € 312,500 | € 262,500 | ▼ 16% |
| Balance sheet total | € 2,321,972 | € 2,287,234 | € 2,166,733 | € 2,085,020 | ▼ 4% |
Key figures of PALINCKHOVE, 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 PALINCKHOVE?
What happened at PALINCKHOVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,502 (▼ € 64,360 vs 2024). Source: NBB ↗
- New establishment in De Panne. KBO
- LIESBETH DEPUYDT became a director. NBB
- LIEVEN DECAT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,296 loss in 2022 to € 40,502 loss in 2025.
Best year ever: 2024, with € 23,857 profit.
Management
Behind PALINCKHOVE are LIESBETH DEPUYDT and LIEVEN DECAT. The same people are also behind ALBALI. LIEVEN DECAT is also behind DECAT Energy Technics, CIRCASOL, GROEP T, APPARO and GENI-GROUP.
Directors
According to the 2025 annual accounts
since 2015
LIEVEN DECAT
Director
Also active at: DECAT Energy Technics, CIRCASOL, GROEP T, APPARO, GENI-GROUP, DC & PARTNERS, GENION, Virginis +9 more
since 2015
Establishments
Establishment units
Physical locations of this company
Klokhofstraat 43
8660 De Panne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →APPARO same network
€ -23,053 gross margin · 2025
GENI-GROUP same network
€ 1.8 million gross margin · 2025
GENION same network
€ 12,316 gross margin · 2025
ALBALI same network
€ 192,001 gross margin · 2025
GENION BETA same network
€ -12,719 gross margin · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0641.846.228
- VAT number
- BE 0641.846.228
- Registered office
- Klokhofstraat 43, 8660 De Panne
- Names & denominations
- PALINCKHOVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2015
- Peppol
- Active · Active since 2 May 2024
- Activities · NACE
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