Financials
Financial year 2025
Palamau from Huldenberg, company number BE0776908236, closed financial year 2025 with a result of € 121,400 after tax. For that financial year Palamau recorded a gross margin of € 155,447 and equity of € 43,430. Compared with financial year 2024, the result moved from € 93,227 to € 121,400. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 43,430
▲ € 41,400 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 121,400
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 122,062
Cash and bank balances on the last day of the fiscal year.
€ 80,000 paid out
66 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,050
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,906
▲ € 3,946 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,696
▲ 59% 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 | € 54,362 | € 96,307 | € 122,414 | € 155,447 | ▲ 27% |
| Profit after taxes | € 42,574 | € 68,493 | € 93,227 | € 121,400 | ▲ 30% |
| Equity | € 58,310 | € 126,803 | € 2,030 | € 43,430 | ▲ € 41,400 |
| Total debts | € 26,856 | € 18,209 | € 234,890 | € 86,258 | ▼ 63% |
| Cash | € 74,743 | € 57,824 | € 122,664 | € 122,062 | |
| Retained profit | € 57,310 | € 125,803 | € 1,030 | € 42,430 | ▲ € 41,400 |
| Dividend | € 0 | € 0 | € 218,000 | € 80,000 | ▼ 63% |
| Bank debt | € 5,586 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 85,166 | € 145,012 | € 236,919 | € 129,687 | ▼ 45% |
Key figures of Palamau, 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 Palamau?
What happened at Palamau in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 121,400 (▲ 30% vs 2024). filed late Source: NBB ↗
- New establishment in Huldenberg. KBO
- New establishment in Elsene. KBO
- Gillis Waelkens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 42,574 profit in 2022 to € 121,400 profit in 2025.
Paid € 101,938 in corporate taxes since 2022.
Best year ever: 2025, with € 121,400 profit.
Paid out € 298,000 in dividends to the owners in total.
Management
Behind Palamau is Gillis Waelkens.
Directors
According to the 2025 annual accounts
Gillis Waelkens
Director
since 2021
Establishments
Establishment units
Physical locations of this company
R. Borremansstraat 24A
3040 Huldenberg
Louizalaan 149
1050 Elsene
Active since 8 November 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0776.908.236
- VAT number
- BE 0776.908.236
- Registered office
- R. Borremansstraat 24A, 3040 Huldenberg
- Names & denominations
- Palamau · Advocatenkantoor Gillis Waelkens
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2021
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
Activiteiten van advocaten
Speur- en ontwikkelingswerk op het gebied van de maatschappij- en geesteswetenschappen