Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2021; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2021
PALACE from Brussel, company number BE0743517272, closed financial year 2021 with a result of € -19,547 after tax. For that financial year PALACE recorded a gross margin of € -8,442 and equity of € -4,264. Compared with financial year 2020, the result moved from € 5,283 to € -19,547. 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 6, 2022.
€ -4,264
▼ € 19,547 vs 2020
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,547
▼ still € 5,283 profit in 2020
Profit after tax over the fiscal year.
€ 13,602
▼ 39% vs 2020
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14,264.
Debts at end 2021
€ 200
Loans from banks and other lenders, long and short.
€ 9,140
▲ € 8,034 vs 2020
Supplier invoices still open on the last day of the fiscal year.
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| 2020 | 2021 | Change 2020 → 2021 | |
|---|---|---|---|
| Gross margin | € 6,705 | € -8,442 | ▼ € 15,147 |
| Profit after taxes | € 5,283 | € -19,547 | ▼ € 24,830 |
| Equity | € 15,283 | € -4,264 | ▼ € 19,547 |
| Total debts | € 39,180 | € 47,341 | ▲ 21% |
| Cash | € 22,373 | € 13,602 | ▼ 39% |
| Land & buildings | - | € 1,260 | |
| Retained profit | € 5,283 | € -14,264 | ▼ € 19,547 |
| Bank debt | € 0 | € 200 | |
| Balance sheet total | € 54,463 | € 43,077 | ▼ 21% |
Key figures of PALACE, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.
What happened to PALACE?
What happened at PALACE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
PALACE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2021: loss of € 19,547 (▼ € 24,830 vs 2020). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Sint-Jans-Molenbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,283 profit in 2020 to € 19,547 loss in 2021.
Best year ever: 2020, with € 5,283 profit.
A new publication or filing at PALACE? 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
Koningsstraat 131
1000 Brussel
de Ribaucourtstraat 116
1080 Sint-Jans-Molenbeek
Active since 11 February 2020
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0743.517.272
- VAT number
- BE 0743.517.272
- Registered office
- Koningsstraat 131, 1000 Brussel
- Names & denominations
- PALACE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 11 February 2020
- Peppol
- Not registered
- Contact
- [email protected]