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 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Le Palais du Sud from Antwerpen, company number BE0717691617, closed financial year 2023 with a result of € -210,993 after tax. For that financial year Le Palais du Sud recorded a gross margin of € -111,693 and equity of € -239,539. Compared with financial year 2022, the result moved from € 345,596 to € -210,993. The company made a loss. 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 October 31, 2024.
€ -239,539
▼ € 214,120 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -210,993
▼ still € 345,596 profit in 2022
Profit after tax over the fiscal year.
€ 2,078
▼ 37% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -288,139.
People and assets in 2023
€ 38,810
▼ 30% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 41,210
▲ 133% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 640,121
▲ 53% vs 2022
Loans from banks and other lenders, long and short.
€ 15,635
▲ 60% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 5,388
▼ 55% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 24,227 | € 460,533 | € -111,693 | ▼ € 572,225 |
| Profit after taxes | € -77,649 | € 345,596 | € -210,993 | ▼ € 556,588 |
| Equity | € -371,015 | € -25,419 | € -239,539 | ▼ € 214,120 |
| Total debts | € 966,051 | € 535,056 | € 808,340 | ▲ 51% |
| Cash | € 8,923 | € 3,289 | € 2,078 | ▼ 37% |
| Land & buildings | € 385,902 | € 1,547 | € 1,222 | ▼ 21% |
| Retained profit | € -389,615 | € -44,019 | € -288,139 | ▼ € 244,120 |
| Bank debt | € 878,674 | € 418,023 | € 640,121 | ▲ 53% |
| Balance sheet total | € 595,036 | € 509,636 | € 568,801 | ▲ 12% |
Key figures of Le Palais du Sud, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Le Palais du Sud?
What happened at Le Palais du Sud in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Le Palais du Sud is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 210,993 (▼ € 556,588 vs 2022). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 77,649 loss in 2021 to € 210,993 loss in 2023.
Paid € 1,046 in corporate taxes since 2021.
Best year ever: 2022, with € 345,596 profit.
A new publication or filing at Le Palais du Sud? 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
Establishments
Establishment units
Physical locations of this company
Coquilhatstraat 30
2000 Antwerpen
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.
Details
- Company number
- 0717.691.617
- VAT number
- BE 0717.691.617
- Registered office
- Coquilhatstraat 30, 2000 Antwerpen
- Names & denominations
- Le Palais du Sud · “LITDART", "ACCOMODATION FOR INSPIRATION, DESIGN & ART", "AIDA" en "PAPILLON"
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 4 January 2019
- Peppol
- Not registered
- Activities · NACE
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