Financials
Financial year 2025
Palm Technology Services from Etterbeek, company number BE0781989947, closed financial year 2025 with a result of € 76,770 after tax. For that financial year Palm Technology Services recorded a gross margin of € 210,065 and equity of € 80,553. Compared with financial year 2024, the result moved from € 61,879 to € 76,770. Profitable, and profit is growing. 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 June 25, 2026.
€ 80,553
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 76,770
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 77,809
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 130,672 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 112,591
▼ 11% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 778
▼ 48% 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.
€ 7,230
▲ € 5,832 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,528
▼ 56% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 214,587 | € 210,065 | ▼ 2% |
| Profit after taxes | € 61,879 | € 76,770 | ▲ 24% |
| Equity | € 131,955 | € 80,553 | ▼ 39% |
| Total debts | € 63,928 | € 31,758 | ▼ 50% |
| Cash | € 150,934 | € 77,809 | ▼ 48% |
| Retained profit | € 131,955 | € 78,053 | ▼ 41% |
| Dividend | € 0 | € 130,672 | |
| Balance sheet total | € 195,883 | € 112,310 | ▼ 43% |
Key figures of Palm Technology Services, fiscal years 2024 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 Palm Technology Services?
What happened at Palm Technology Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 76,770 (▲ 24% vs 2024). Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 61,879 profit in 2024 to € 76,770 profit in 2025.
Paid € 45,050 in corporate taxes since 2024.
Best year ever: 2025, with € 76,770 profit.
Paid out € 130,672 in dividends to the owners in total.
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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
Management
Behind Palm Technology Services is Sarankumar Dhanasekaran.
Directors
According to the 2025 annual accounts
Sarankumar Dhanasekaran
Director
Establishments
Establishment units
Physical locations of this company
Sint Michielswarande 95 box 5
1040 Etterbeek
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
- 0781.989.947
- VAT number
- BE 0781.989.947
- Registered office
- Sint Michielswarande 95 bus 5, 1040 Etterbeek
- Names & denominations
- Palm Technology Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 2022
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
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