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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PALAU from Wellen, company number BE0875503786, closed financial year 2025 with a result of € -16,929 after tax. For that financial year PALAU recorded a gross margin of € 21,673 and equity of € -180,297. Compared with financial year 2024, the result moved from € -16,666 to € -16,929. 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 July 20, 2026.
€ -180,297
▼ € 16,929 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,929
▼ 2 % more loss than in 2024
Profit after tax over the fiscal year.
€ 64,677
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -340,922.
People and assets in 2025
€ 75,036
▼ 20% vs 2024
Of which on lease € 5,024.
Debts at end 2025
€ 51,009
▼ 20% vs 2024
€ 13,665 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,519
▲ 167% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,829
▼ 74% 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 | € 37,218 | € -26,315 | € 22,767 | € 21,673 | ▼ 5% |
| Profit after taxes | € 7,331 | € -71,376 | € -16,666 | € -16,929 | ▼ € 263 |
| Equity | € -75,326 | € -146,702 | € -163,368 | € -180,297 | ▼ € 16,929 |
| Total debts | € 602,436 | € 386,440 | € 362,659 | € 346,663 | ▼ 4% |
| Cash | € 100,280 | € 87,498 | € 74,003 | € 64,677 | ▼ 13% |
| Retained profit | € -234,076 | € -305,452 | € -323,993 | € -340,922 | ▼ € 16,929 |
| Bank debt | € 288,081 | € 76,340 | € 64,000 | € 51,009 | ▼ 20% |
| Balance sheet total | € 527,110 | € 239,738 | € 199,292 | € 166,366 | ▼ 17% |
Key figures of PALAU, 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 PALAU?
What happened at PALAU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,929. Source: NBB ↗
- New establishment in Wellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,331 profit in 2022 to € 16,929 loss in 2025.
Paid € 4,832 in corporate taxes since 2022.
Best year ever: 2022, with € 7,331 profit.
Management
Behind PALAU are Alexandra Hochstenbag, Frank Raskin and Britt Raskin. Frank Raskin is also behind FR BUILDING.
Directors
According to the 2025 annual accounts
Alexandra Hochstenbag
Director
Britt Raskin
Director
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 63
3830 Wellen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0875.503.786
- VAT number
- BE 0875.503.786
- Registered office
- Dorpsstraat 63, 3830 Wellen
- Names & denominations
- PALAU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 August 2005
- Peppol
- Active · Active since 20 Feb 2025
- Activities · NACE
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