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 1 of the last 1 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Palleciobe from Fernelmont, company number BE1011109192, closed financial year 2025 with a result of € -107,055 after tax. For that financial year Palleciobe recorded a gross margin of € -103,011 and equity of € -92,055. 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 August 24, 2026.
€ -92,055
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -107,055
Profit after tax over the fiscal year.
€ 4,578
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -107,055.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 26,057
Supplier invoices still open on the last day of the fiscal year.
What happened to Palleciobe?
What happened at Palleciobe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 107,055. filed late Source: NBB ↗
- New establishment in Fernelmont. KBO
- Muhterem TURK became a director. NBB
- Start of the company according to the CBE. KBO
Management
Behind Palleciobe is Muhterem TURK. Muhterem TURK is also behind MUHTEREM, LE BRAZIER, Boucherie Traiteur Leuze, Turk Invest and IMOTURK.
Directors
According to the 2025 annual accounts
Muhterem TURK
Managing director
Also active at: MUHTEREM, LE BRAZIER, Boucherie Traiteur Leuze, Turk Invest, IMOTURK, PETROLE OFFICE
since 2024
Establishments
Establishment units
Physical locations of this company
Grand-Route, Hing. 68
5380 Fernelmont
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
- 1011.109.192
- VAT number
- BE 1011.109.192
- Registered office
- Grand-Route, Hing. 68, 5380 Fernelmont
- Names & denominations
- Palleciobe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2024
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in vloer- en wandtegels
Detailhandel in houten bouw- en tuinmaterialen
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels