PAL is a hospitality business in Brugge. Private Limited, started on 23 March 2016, 2 establishments.

What is the address of PAL?

The registered office of PAL is located at Gaston Roelandtsplein 25, 8310 Brugge.

Yes. According to the CBE (15 November 2026) PAL is active, legal situation “Normale toestand”, started on 23 March 2016.

Is PAL registered on Peppol?

Yes, PAL is registered on the Peppol network with ID 0208:0650880886.

What is the enterprise number of PAL?

The enterprise number of PAL is BE0650880886.

When was PAL founded?

PAL was founded on 23 March 2016.

Who are the directors of PAL?

According to the 2025 annual accounts, the directors of PAL are: Harpal Singh, Julie Baudry.

Is PAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 March 2016; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE; 1 events from the Belgian Official Gazette processed.

How much profit did PAL make in 2025?

PAL posted a profit after taxes of € 9,473 in financial year 2025.

What is the revenue of PAL?

As a small company, PAL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 231,606.

Does PAL have a website?

Yes, PAL has a website at shalimar-brugge.be.

PAL (Private Limited) - Brugge - BE0650880886

Dossier PAL, printed on 15 November 2026 from databakkes.be/en/0650880886/pal. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

PAL from Brugge, company number BE0650880886, closed financial year 2025 with a result of € 9,473 after tax. For that financial year PAL recorded a gross margin of € 231,606 and equity of € 161,650. Compared with financial year 2024, the result moved from € 21,474 to € 9,473. 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 January 29, 2026.

What it is worth Growing

€ 161,650

▲ 6% vs 2024

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

Profit Healthy

€ 9,473

▼ 56% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 64,618

▼ 22% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 153,590.

People and assets in 2025

Wage cost

€ 204,202

▲ 12% vs 2024

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

€ 4,918

▲ € 4,357 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 42,170

▲ 61% vs 2024

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

Taxes and wages

€ 18,748

▼ 50% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 165,481 Gross margin 2022: € 165,481 First fiscal year in the series	€ 156,098 Gross margin 2023: € 156,098 ▼ 6% vs 2022 (€ 165,481) Unfavourable step	€ 235,964 Gross margin 2024: € 235,964 ▲ 51% vs 2023 (€ 156,098) Favourable step	€ 231,606 Gross margin 2025: € 231,606 ▼ 2% vs 2024 (€ 235,964) Unfavourable step	▼ 2%
Profit after taxes	€ 35,004 Profit after taxes 2022: € 35,004 First fiscal year in the series	€ 1,448 Profit after taxes 2023: € 1,448 ▼ 96% vs 2022 (€ 35,004) Unfavourable step	€ 21,474 Profit after taxes 2024: € 21,474 ▲ € 20,027 vs 2023 (€ 1,448) Favourable step	€ 9,473 Profit after taxes 2025: € 9,473 ▼ 56% vs 2024 (€ 21,474) Unfavourable step	▼ 56%
Equity	€ 131,773 Equity 2022: € 131,773 First fiscal year in the series	€ 132,420 Equity 2023: € 132,420 Unchanged (€ 131,773) Favourable step	€ 152,177 Equity 2024: € 152,177 ▲ 15% vs 2023 (€ 132,420) Favourable step	€ 161,650 Equity 2025: € 161,650 ▲ 6% vs 2024 (€ 152,177) Favourable step	▲ 6%
Total debts	€ 217,572 Total debts 2022: € 217,572 First fiscal year in the series	€ 134,408 Total debts 2023: € 134,408 ▼ 38% vs 2022 (€ 217,572) Favourable step	€ 142,473 Total debts 2024: € 142,473 ▲ 6% vs 2023 (€ 134,408) Unfavourable step	€ 88,417 Total debts 2025: € 88,417 ▼ 38% vs 2024 (€ 142,473) Favourable step	▼ 38%
Cash	€ 31,856 Cash 2022: € 31,856 First fiscal year in the series	€ 47,479 Cash 2023: € 47,479 ▲ 49% vs 2022 (€ 31,856) Favourable step	€ 82,459 Cash 2024: € 82,459 ▲ 74% vs 2023 (€ 47,479) Favourable step	€ 64,618 Cash 2025: € 64,618 ▼ 22% vs 2024 (€ 82,459) Unfavourable step	▼ 22%
Land & buildings	€ 3,609 Land & buildings 2022: € 3,609 First fiscal year in the series	€ 2,743 Land & buildings 2023: € 2,743 ▼ 24% vs 2022 (€ 3,609) Unchanged	€ 1,878 Land & buildings 2024: € 1,878 ▼ 32% vs 2023 (€ 2,743) Unchanged	€ 1,012 Land & buildings 2025: € 1,012 ▼ 46% vs 2024 (€ 1,878) Unchanged	▼ 46%
Retained profit	€ 123,713 Retained profit 2022: € 123,713 First fiscal year in the series	€ 124,360 Retained profit 2023: € 124,360 ▲ 1% vs 2022 (€ 123,713) Favourable step	€ 144,117 Retained profit 2024: € 144,117 ▲ 16% vs 2023 (€ 124,360) Favourable step	€ 153,590 Retained profit 2025: € 153,590 ▲ 7% vs 2024 (€ 144,117) Favourable step	▲ 7%
Dividend	€ 800 Dividend 2022: € 800 First fiscal year in the series	€ 800 Dividend 2023: € 800 Unchanged (€ 800) Unchanged	€ 1,718 Dividend 2024: € 1,718 ▲ 115% vs 2023 (€ 800) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 1,718) Unchanged	▼ 100%
Balance sheet total	€ 349,344 Balance sheet total 2022: € 349,344 First fiscal year in the series	€ 266,828 Balance sheet total 2023: € 266,828 ▼ 24% vs 2022 (€ 349,344) Unchanged	€ 294,649 Balance sheet total 2024: € 294,649 ▲ 10% vs 2023 (€ 266,828) Unchanged	€ 250,067 Balance sheet total 2025: € 250,067 ▼ 15% vs 2024 (€ 294,649) Unchanged	▼ 15%

By gross margin, PAL ranks 5th of 30 companies with main activity “Activiteiten van eetgelegenheden met volledige bediening” in Brugge that publish figures (fiscal year 2025).

Key figures of PAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

Ask about PAL the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to PAL?

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

Jan 29, 2026 New annual accounts for financial year 2025: profit of € 9,473 (▼ 56% vs 2024). Source: NBB ↗
Apr 1, 2025 New establishment in Blankenberge. KBO
2023 Julie Baudry became a director. NBB
Apr 8, 2016 Incorporation, published in the Gazette. Source: Staatsblad ↗
Mar 29, 2016 New establishment in Brugge. KBO
2016 Harpal Singh became a director. NBB

In short

From € 35,004 profit in 2022 to € 9,473 profit in 2025.

Paid € 38,147 in corporate taxes since 2022.

Best year ever: 2022, with € 35,004 profit.

Paid out € 3,318 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Harpal Singh Julie Baudry

PAL

Behind PAL are Harpal Singh and Julie Baudry.

Directors

According to the 2025 annual accounts

Harpal Singh

Director

since 2016

Julie Baudry

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Gaston Roelandtsplein 25

8310 Brugge

2.371.148.172

Manitobaplein 15

8370 Blankenberge

Active since 1 April 2025

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

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Website

HTTPS shalimar-brugge.be

Canonical: https://shalimar-brugge.be/nl/home

Technologies

Cookie ConsentGoogle FontsLightboxNginxSlickjQuery

Hosting & Email

Email provider

Self-hosted

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Indexable pages 3

Languages EN, FR, NL

Features

Client portal

Security

✓ HTTPS

✓ SPF

✗ DMARC

Network

✓ IPv6

Shareholders according to the Official Gazette deeds

Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.

Incorporation

8 April 2016 Source: Deed ↗

SINGH HARPAL(oprichter) 100%
CHAND GURPAL(oprichter) 0.1%

Details

Company number

0650.880.886

VAT number

BE 0650.880.886

Registered office

Gaston Roelandtsplein 25, 8310 Brugge

Names & denominations

PAL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 March 2016

Peppol

Active · Active since 31 Oct 2023

Contact

shalimar-brugge.be 050355828

Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Catering van evenementen

View on CBE Public ↗ Annual accounts (NBB) ↗

PAL