Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Garage Palm Auto from Baelen, company number BE0696750901, closed financial year 2025 with a result of € -41,560 after tax. For that financial year Garage Palm Auto recorded a gross margin of € 30,004 and equity of € 60,621. Compared with financial year 2024, the result moved from € -26,669 to € -41,560. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 60,621
▼ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -41,560
▼ 56 % more loss than in 2024
Profit after tax over the fiscal year.
€ 76,470
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 42,071.
People and assets in 2025
€ 44,074
▼ 1% 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.
€ 8,195
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 115,117
▼ 13% vs 2024
Loans from banks and other lenders, long and short.
€ 81,718
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,681
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 99,877 | € 109,417 | € 45,507 | € 30,004 | ▼ 34% |
| Profit after taxes | € 16,517 | € 21,840 | € -26,669 | € -41,560 | ▼ € 14,891 |
| Equity | € 107,010 | € 128,850 | € 102,181 | € 60,621 | ▼ 41% |
| Total debts | € 393,698 | € 424,030 | € 450,793 | € 378,103 | ▼ 16% |
| Cash | € 13,290 | € 8,002 | € 83,727 | € 76,470 | ▼ 9% |
| Retained profit | € 88,460 | € 110,300 | € 83,631 | € 42,071 | ▼ 50% |
| Bank debt | € 101,914 | € 162,534 | € 131,984 | € 115,117 | ▼ 13% |
| Balance sheet total | € 500,708 | € 552,880 | € 552,974 | € 438,724 | ▼ 21% |
Key figures of Garage Palm Auto, 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 Garage Palm Auto?
What happened at Garage Palm Auto in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 41,560. filed late Source: NBB ↗
- New establishment in Baelen. KBO
- Estelle Monnard became a director. NBB
- Grégory Palm became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 16,517 profit in 2022 to € 41,560 loss in 2025.
Paid € 13,419 in corporate taxes since 2022.
Best year ever: 2023, with € 21,840 profit.
Management
Behind Garage Palm Auto are Estelle Monnard and Grégory Palm .
Directors
According to the 2025 annual accounts
Estelle Monnard
Director
since 2018
Grégory Palm
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Route d'Eupen(BLN) 146
4837 Baelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →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
OVH Mail
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
DNS
OVH DNS
Domain
Domain
palm-auto.com
Registered
2003-08-05
Registrar
OVH sas
Expires
2026-08-05
Website info
Features
Security
Details
- Company number
- 0696.750.901
- VAT number
- BE 0696.750.901
- Registered office
- Route d'Eupen(BLN) 146, 4837 Baelen
- Names & denominations
- Garage Palm Auto
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2018
- Peppol
- Active · Active since 12 Jan 2026
- Contact
- palm-auto.com
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling