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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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAMAL from Sint-Martens-Latem, company number BE0758568803, closed financial year 2025 with a result of € -2,218 after tax. For that financial year PAMAL recorded a gross margin of € 4,444 and equity of € 41,922. Compared with financial year 2024, the result moved from € 768 to € -2,218. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 23, 2026.
€ 41,922
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,218
▼ still € 768 profit in 2024
Profit after tax over the fiscal year.
€ 12
▲ 185% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 38,922.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 20,584
▲ 25% vs 2024
Loans from banks and other lenders, long and short.
€ 18,409
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81
▼ 97% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,557 | € 19,429 | € 8,027 | € 4,444 | ▼ 45% |
| Profit after taxes | € 7,313 | € 11,653 | € 768 | € -2,218 | ▼ € 2,986 |
| Equity | € 32,519 | € 43,372 | € 44,140 | € 41,922 | ▼ 5% |
| Total debts | € 30,503 | € 69,964 | € 47,034 | € 41,561 | ▼ 12% |
| Cash | € 0 | - | € 4 | € 12 | ▲ 185% |
| Retained profit | € 29,519 | € 40,372 | € 41,140 | € 38,922 | ▼ 5% |
| Dividend | € 0 | € 800 | € 0 | € 0 | |
| Bank debt | € 1,652 | € 24,920 | € 16,477 | € 20,584 | ▲ 25% |
| Balance sheet total | € 63,021 | € 113,336 | € 91,173 | € 83,483 | ▼ 8% |
Key figures of PAMAL, 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 PAMAL?
What happened at PAMAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,218 (▼ € 2,986 vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Martens-Latem. KBO
In short
From € 7,313 profit in 2022 to € 2,218 loss in 2025.
Paid € 7,440 in corporate taxes since 2022.
Best year ever: 2023, with € 11,653 profit.
Paid out € 800 in dividends to the owners in total.
Management
Behind PAMAL is Paul Malingreau.
Directors
According to the 2025 annual accounts
Paul Malingreau
Director
Establishments
Establishment units
Physical locations of this company
Lage Heirweg 41C
9830 Sint-Martens-Latem
Lage Heirweg 41 box c
9830 Sint-Martens-Latem
Active since 19 November 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- MALINGREAU Paul Olivier François Ivon(oprichter) 100%
Details
- Company number
- 0758.568.803
- VAT number
- BE 0758.568.803
- Registered office
- Lage Heirweg 41C, 9830 Sint-Martens-Latem
- Names & denominations
- PAMAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2020
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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