Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 21.4 to 10.2.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
LE PALMARES from Spa, company number BE0715594140, closed financial year 2024 with a result of € 78,132 after tax. For that financial year LE PALMARES recorded a gross margin of € 576,098 and equity of € -34,624. Compared with financial year 2023, the result moved from € -18,454 to € 78,132. Profitable, and profit is growing. 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 December 31, 2025.
€ -34,624
▲ € 78,132 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 78,132
▲ still € 18,454 loss in 2023
Profit after tax over the fiscal year.
€ 41,044
▲ 52% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -53,224.
People and assets in 2024
10.2
▼ 2.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 405,470
▼ 5% vs 2023
€ 39,800 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.
€ 50,058
▼ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 73,728
▼ 58% vs 2023
€ 18,818 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 276,846
▼ 13% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 38,629
▼ 19% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 292,478 | € 685,880 | € 540,787 | € 576,098 | ▲ 7% |
| Profit after taxes | € -53,937 | € 6,104 | € -18,454 | € 78,132 | ▲ € 96,586 |
| Equity | € -100,406 | € -94,302 | € -112,756 | € -34,624 | ▲ € 78,132 |
| Total debts | € 524,038 | € 615,156 | € 657,319 | € 538,601 | ▼ 18% |
| Cash | € 60,759 | € 19,019 | € 27,086 | € 41,044 | ▲ 52% |
| Retained profit | € -119,006 | € -112,902 | € -131,356 | € -53,224 | ▲ € 78,132 |
| Bank debt | € 109,855 | € 179,025 | € 176,242 | € 73,728 | ▼ 58% |
| Balance sheet total | € 423,632 | € 520,854 | € 544,564 | € 503,977 | ▼ 7% |
| Employees (FTE) | 10.7 | 21.4 | 12.4 | 10.2 | ▼ 2.2 |
Key figures of LE PALMARES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LE PALMARES?
What happened at LE PALMARES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 78,132. filed late Source: NBB ↗
- New establishment in Spa. KBO
- New establishment in Spa. KBO
- New establishment in Spa. KBO
- Alain KRICKEL became a director. NBB
- Barbara KRICKEL became a director. NBB
- Georgia RICHETTI became a director. NBB
- New establishment in Spa. KBO
In short
From € 53,937 loss in 2021 to € 78,132 profit in 2024.
Paid € 202 in corporate taxes since 2021.
Best year ever: 2024, with € 78,132 profit.
On average € 56,500 of value added per employee in 2024.
Management
Behind LE PALMARES are Alain KRICKEL, Barbara KRICKEL and Georgia RICHETTI. Alain KRICKEL is also behind VERTIGE ENTRE CIEL ET TERRE and Régie Communale autonome Ville de Spa. Barbara KRICKEL is also behind VAL DE THEUX, VERTIGE ENTRE CIEL ET TERRE, BRASSERIE LA BOBELINE, AQUA CONSTRUCT + and KRIVOS.
Directors
According to the 2024 annual accounts
Alain KRICKEL
Director
Also active at: VERTIGE ENTRE CIEL ET TERRE, Régie Communale autonome Ville de Spa
since 2023
Barbara KRICKEL
Director
Also active at: VAL DE THEUX, VERTIGE ENTRE CIEL ET TERRE, BRASSERIE LA BOBELINE, AQUA CONSTRUCT +, KRIVOS, HAPPY HOUSE CONSTRUCT, GYYMTONIC
since 2023
Georgia RICHETTI
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Rue Rogier 14
4900 Spa
Place Royale 1
4900 Spa
Active since 1 May 2019
Avenue Reine Astrid 24
4900 Spa
Active since 19 August 2024
Place du Monument 22-23
4900 Spa
Active since 28 July 2025
Rue Royale 43-45
4900 Spa
Active since 28 July 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →VAL DE THEUX same network
€ 580,371 gross margin · 2025
LA BELLE EPOQUE SPA
€ -6,732 gross margin · 2025
VERTIGE ENTRE CIEL ET TERRE same network
€ 74,179 gross margin · 2025
Le Franc'off
€ 735,177 gross margin · 2024
BRASSERIE LA BOBELINE same network
€ 536,431 gross margin · 2025
+9 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
- 0715.594.140
- VAT number
- BE 0715.594.140
- Registered office
- Rue Rogier 14, 4900 Spa
- Names & denominations
- LE PALMARES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2018
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Cafés en bars
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening