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.
€ 161,650
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,473
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 64,618
▼ 22% 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 € 153,590.
People and assets in 2025
€ 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.
€ 4,918
▲ € 4,357 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 42,170
▲ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,748
▼ 50% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 165,481 | € 156,098 | € 235,964 | € 231,606 | ▼ 2% |
| Profit after taxes | € 35,004 | € 1,448 | € 21,474 | € 9,473 | ▼ 56% |
| Equity | € 131,773 | € 132,420 | € 152,177 | € 161,650 | ▲ 6% |
| Total debts | € 217,572 | € 134,408 | € 142,473 | € 88,417 | ▼ 38% |
| Cash | € 31,856 | € 47,479 | € 82,459 | € 64,618 | ▼ 22% |
| Land & buildings | € 3,609 | € 2,743 | € 1,878 | € 1,012 | ▼ 46% |
| Retained profit | € 123,713 | € 124,360 | € 144,117 | € 153,590 | ▲ 7% |
| Dividend | € 800 | € 800 | € 1,718 | € 0 | ▼ 100% |
| Balance sheet total | € 349,344 | € 266,828 | € 294,649 | € 250,067 | ▼ 15% |
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.
What happened to PAL?
What happened at PAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,473 (▼ 56% vs 2024). Source: NBB ↗
- New establishment in Blankenberge. KBO
- Julie Baudry became a director. NBB
- New establishment in Brugge. KBO
- Harpal Singh became a director. NBB
- Start of the company according to the CBE. KBO
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.
A new publication or filing at PAL? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
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
Gaston Roelandtsplein 25
8310 Brugge
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
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