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 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Pallet from Mechelen, company number BE0789546841, closed financial year 2025 with a result of € 78,241 after tax. For that financial year Pallet recorded a gross margin of € 238,507 and equity of € 878,241. Compared with financial year 2024, the result moved from € 1.4 million to € 78,241. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 878,241
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 78,241
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 63,091
▲ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 778,241.
Debts at end 2025
€ 2.4 million
▲ € 2.1 million vs 2024
Loans from banks and other lenders, long and short.
€ 289,979
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 53,559
▼ 25% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 3,368 | € 1,997,480 | € 238,507 | ▼ 88% |
| Profit after taxes | € -8,477 | € 1,422,511 | € 78,241 | ▼ 94% |
| Equity | € 91,523 | € 800,000 | € 878,241 | ▲ 10% |
| Total debts | € 2,232,404 | € 1,299,053 | € 2,694,804 | ▲ 107% |
| Cash | € 812,842 | € 35,979 | € 63,091 | ▲ 75% |
| Land & buildings | - | € 909,452 | € 888,846 | ▼ 2% |
| Retained profit | € -8,477 | € 700,000 | € 778,241 | ▲ 11% |
| Dividend | € 0 | € 714,034 | € 0 | ▼ 100% |
| Bank debt | € 1,744,605 | € 281,349 | € 2,351,022 | ▲ € 2.1 million |
| Balance sheet total | € 2,323,928 | € 2,099,053 | € 3,573,045 | ▲ 70% |
Key figures of Pallet, fiscal years 2023 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 Pallet?
What happened at Pallet in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Real Estate Development And Investment Consulting stepped down as director. NBB
- STEVE NYSTEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 78,241 (▼ 94% vs 2024). Source: NBB ↗
- New establishment in Mechelen. KBO
- Real Estate Development And Investment Consulting became a director. NBB
- STEVE NYSTEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,477 loss in 2023 to € 78,241 profit in 2025.
Paid € 497,618 in corporate taxes since 2023.
Best year ever: 2024, with € 1.4 million profit.
Paid out € 714,034 in dividends to the owners in total.
Management
The shares are held by LAND NV (100%).
Directors
According to the 2025 annual accounts
Real Estate Development And Investment Consulting
Director · represented by Hans Vereycken
Also active at: BOOUW, WOOW, Hoome Group, Land, DANS, Kanal, Steen 1, H.O.M.E. +2 more
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Cortenbachplein 8 box 101
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →CIONET
€ 387,553 gross margin · 2025
BOOUW same network
€ 439,572 gross margin · 2025
WOOW same network
€ 2,750 revenue · 2025
Hoome Group same network
€ 585,559 gross margin · 2025
Land same network
€ 63,476 gross margin · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0789.546.841
- VAT number
- BE 0789.546.841
- Registered office
- Cortenbachplein 8 bus 101, 2800 Mechelen
- Names & denominations
- Pallet
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 August 2022
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
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