What does Palco Trans do?

Palco Trans is a road haulage company in Waasmunster. Private Limited, started on 2 May 2017, 1 establishment.

What is the address of Palco Trans?

The registered office of Palco Trans is located at Doornijkstraat 59, 9250 Waasmunster.

Is Palco Trans still active?

Yes. According to the CBE (30 October 2026) Palco Trans is active, legal situation “Normale toestand”, started on 2 May 2017.

Is Palco Trans registered on Peppol?

Yes, Palco Trans is registered on the Peppol network with ID 0208:0674970936.

What is the enterprise number of Palco Trans?

The enterprise number of Palco Trans is BE0674970936.

When was Palco Trans founded?

Palco Trans was founded on 2 May 2017.

Who are the directors of Palco Trans?

According to the 2026 annual accounts, the directors of Palco Trans are: JURGEN TEIRBROOD.

Is Palco Trans a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 May 2017; 5 annual accounts filed, latest fiscal year 2026; 1 directors known from the annual account.

How much profit did Palco Trans make in 2026?

Palco Trans posted a profit after taxes of € 29,503 in financial year 2026.

What is the revenue of Palco Trans?

As a small company, Palco Trans is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 561,237.

How much does an employee at Palco Trans earn?

The average wage cost per full-time employee at Palco Trans was € 48,500 in 2026: staff costs of € 349,269 for 7.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Palco Trans have?

According to the 2026 annual accounts, Palco Trans has 7.2 full-time equivalents (FTE).

Palco Trans (Private Limited) - Waasmunster

Dossier Palco Trans, printed on 30 October 2026 from databakkes.be/en/0674970936/palco-trans. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Tight liquidity NBB

Cash and receivables cover 61 % of short-term debt in 2026; threshold 65 %.

Financials

Financial year 2026

Palco Trans from Waasmunster, company number BE0674970936, closed financial year 2026 with a result of € 29,503 after tax. For that financial year Palco Trans recorded a gross margin of € 561,237 and equity of € 269,970. Compared with financial year 2025, the result moved from € 23,690 to € 29,503. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2026.

What it is worth Growing

€ 269,970

▲ 12% vs 2025

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

Profit Growing

€ 29,503

▲ 25% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 63,853

▼ 9% vs 2025

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

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 259,970.

People and assets in 2026

Full-time equivalents

7.2

▼ 1.9 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 349,269

▼ 12% vs 2025

€ 48,500 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.

Vehicles and equipment

€ 685,033

▲ 16% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 524,333

▲ 12% vs 2025

€ 164,305 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 85,099

▲ 114% vs 2025

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

Taxes and wages

€ 48,338

▲ 35% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 559,287 Gross margin 2023: € 559,287 First fiscal year in the series	€ 568,036 Gross margin 2024: € 568,036 ▲ 2% vs 2023 (€ 559,287) Favourable step	€ 602,376 Gross margin 2025: € 602,376 ▲ 6% vs 2024 (€ 568,036) Favourable step	€ 561,237 Gross margin 2026: € 561,237 ▼ 7% vs 2025 (€ 602,376) Unfavourable step	▼ 7%
Profit after taxes	€ 53,286 Profit after taxes 2023: € 53,286 First fiscal year in the series	€ 20,169 Profit after taxes 2024: € 20,169 ▼ 62% vs 2023 (€ 53,286) Unfavourable step	€ 23,690 Profit after taxes 2025: € 23,690 ▲ 17% vs 2024 (€ 20,169) Favourable step	€ 29,503 Profit after taxes 2026: € 29,503 ▲ 25% vs 2025 (€ 23,690) Favourable step	▲ 25%
Equity	€ 226,608 Equity 2023: € 226,608 First fiscal year in the series	€ 246,777 Equity 2024: € 246,777 ▲ 9% vs 2023 (€ 226,608) Favourable step	€ 240,467 Equity 2025: € 240,467 ▼ 3% vs 2024 (€ 246,777) Unfavourable step	€ 269,970 Equity 2026: € 269,970 ▲ 12% vs 2025 (€ 240,467) Favourable step	▲ 12%
Total debts	€ 848,110 Total debts 2023: € 848,110 First fiscal year in the series	€ 706,463 Total debts 2024: € 706,463 ▼ 17% vs 2023 (€ 848,110) Favourable step	€ 562,969 Total debts 2025: € 562,969 ▼ 20% vs 2024 (€ 706,463) Favourable step	€ 658,178 Total debts 2026: € 658,178 ▲ 17% vs 2025 (€ 562,969) Unfavourable step	▲ 17%
Cash	€ 42,643 Cash 2023: € 42,643 First fiscal year in the series	€ 59,787 Cash 2024: € 59,787 ▲ 40% vs 2023 (€ 42,643) Favourable step	€ 70,189 Cash 2025: € 70,189 ▲ 17% vs 2024 (€ 59,787) Favourable step	€ 63,853 Cash 2026: € 63,853 ▼ 9% vs 2025 (€ 70,189) Unfavourable step	▼ 9%
Retained profit	€ 216,608 Retained profit 2023: € 216,608 First fiscal year in the series	€ 236,777 Retained profit 2024: € 236,777 ▲ 9% vs 2023 (€ 216,608) Favourable step	€ 230,467 Retained profit 2025: € 230,467 ▼ 3% vs 2024 (€ 236,777) Unfavourable step	€ 259,970 Retained profit 2026: € 259,970 ▲ 13% vs 2025 (€ 230,467) Favourable step	▲ 13%
Dividend	€ 0 Dividend 2023: € 0 First fiscal year in the series	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 30,000 Dividend 2025: € 30,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2026: € 0 ▼ 100% vs 2025 (€ 30,000) Unchanged	▼ 100%
Bank debt	€ 472,733 Bank debt 2023: € 472,733 First fiscal year in the series	€ 548,280 Bank debt 2024: € 548,280 ▲ 16% vs 2023 (€ 472,733) Unfavourable step	€ 468,041 Bank debt 2025: € 468,041 ▼ 15% vs 2024 (€ 548,280) Favourable step	€ 524,333 Bank debt 2026: € 524,333 ▲ 12% vs 2025 (€ 468,041) Unfavourable step	▲ 12%
Balance sheet total	€ 1,074,718 Balance sheet total 2023: € 1,074,718 First fiscal year in the series	€ 953,239 Balance sheet total 2024: € 953,239 ▼ 11% vs 2023 (€ 1,074,718) Unchanged	€ 803,436 Balance sheet total 2025: € 803,436 ▼ 16% vs 2024 (€ 953,239) Unchanged	€ 928,147 Balance sheet total 2026: € 928,147 ▲ 16% vs 2025 (€ 803,436) Unchanged	▲ 16%
Employees (FTE)	8.2 Employees (FTE) 2023: 8.2 First fiscal year in the series	9.1 Employees (FTE) 2024: 9.1 ▲ 0.9 vs 2023 (8.2) Unchanged	9.1 Employees (FTE) 2025: 9.1 Unchanged (9.1) Unchanged	7.2 Employees (FTE) 2026: 7.2 ▼ 1.9 vs 2025 (9.1) Unchanged	▼ 1.9

Key figures of Palco Trans, 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 Palco Trans?

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

Oct 29, 2026 New annual accounts for financial year 2026: profit of € 29,503 (▲ 25% vs 2025). Source: NBB ↗
2024 JURGEN TEIRBROOD became a director. NBB
Jun 1, 2017 New establishment in Waasmunster. KBO
May 2, 2017 Start of the company according to the CBE. KBO

In short

From € 53,286 profit in 2023 to € 29,503 profit in 2026.

Paid € 16,810 in corporate taxes since 2023.

Best year ever: 2023, with € 53,286 profit.

On average € 77,900 of value added per employee in 2026.

Original PDFs at the National Bank ↗

Management

JURGEN TEIRBROOD 95%

LIESBET GOOSSENS 5%

Palco Trans

Behind Palco Trans is JURGEN TEIRBROOD. The shares are held by JURGEN TEIRBROOD (95%) and LIESBET GOOSSENS (5%).

Directors

According to the 2026 annual accounts

JURGEN TEIRBROOD

Director

Owns 95% directly

Also active at: PALOMA, IMMO PALOMA, JT, PALOMA BEST MIX

since 2024

Shareholders

JURGEN TEIRBROOD · director

95%

LIESBET GOOSSENS

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Doornijkstraat 59

9250 Waasmunster

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

PALOMA same network

€ 955,017 gross margin · 2025

IMMO PALOMA same network

€ 208,797 gross margin · 2025

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

Details

Company number

0674.970.936

VAT number

BE 0674.970.936

Registered office

Doornijkstraat 59, 9250 Waasmunster

Names & denominations

Palco Trans

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

2 May 2017

Peppol

Active · Active since 7 Jan 2026

Activities · NACE

Goederenvervoer over de weg

Overige posterijen en koeriers

View on CBE Public ↗ Annual accounts (NBB) ↗

Palco Trans

Warning lights

Financials

What happened to Palco Trans?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions