PALAIS 12
ActiveSummary
PALAIS 12 has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376k and a net result of €3k. Equity is growing by ~25.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-14
Solvency95▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 6.49 against 13.03 in 2024; short-term debt: 9% and cash: 46.1% of total assets), and 30.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.7%
Return on assets
0.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
48 d late
2024
26 d late
2023
29 d late
2022
60 d late
2021
19 d early
2020
5 d early
2019
10 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€376k▲ 0.9%
2024 · €372k
2018: €87k
2019: €64k
2020: €127k
2021: €196k
2022: €257k
2023: €312k
2024: €372k
2018 → 2025
Total assets
€539k▲ 3.4%
2024 · €521k
2018: €288k
2019: €243k
2020: €347k
2021: €394k
2022: €428k
2023: €470k
2024: €521k
2018 → 2025
Net result
€3k▼ 94.6%
2024 · €60k
2018: €-509
2019: €-23k
2020: €62k
2021: €70k
2022: €60k
2023: €56k
2024: €60k
2018 → 2025
Working capital
€267k▼ 10.8%
2024 · €300k
2018: €39k
2019: €18k
2020: €71k
2021: €125k
2022: €183k
2023: €238k
2024: €300k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€196k-€257k▲ 30.6%€312k▲ 21.8%€372k▲ 19.2%€376k▲ 0.9%
Operating result€99k-€87k▼ 12.2%€81k▼ 7.1%€87k▲ 7.2%€8k▼ 91.0%
Net result€70k-€60k▼ 13.8%€56k▼ 7.2%€60k▲ 7.1%€3k▼ 94.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 91% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €539k
Fixed assets
€223k ▲ 13.3%
Current assets
€316k ▼ 2.6%
Equity and liabilities €539k
Equity
€376k ▲ 0.9%
Debt
€164k ▲ 9.7%
Debt's share of the balance-sheet total rises from 28.6% to 30.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▼
2024 · €98k
Cash flow
€17k▼
2024 · €71k
Current ratio
6.49▼
2024 · 13.03
Debt to equity
0.44▲
2024 · 0.40
ROE
0.9%▼
2024 · 16.1%
ROA
0.6%▼
2024 · 11.5%
Interest coverage
8.07▼
2024 · 30.67
Debt ≤ 1 year
€49k▲
2024 · €25k
Debt > 1 year
€115k▼
2024 · €123k
Income taxes
€2k▼
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€521k€539k▲
Fixed assets21/28€197k€223k▲
Tangible fixed assets22/27€197k€223k▲
Land and buildings22€190k€184k▼
Plant, machinery and equipment23€627€26k▲
Furniture and vehicles24€5k€13k▲
Other tangible fixed assets26€2k€375▼
Current assets29/58€325k€316k▼
Amounts receivable within one year40/41€52k€62k▲
Trade receivables40€14k€16k▲
Other amounts receivable41€37k€46k▲
Cash at bank and in hand54/58€271k€248k▼
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€521k€539k▲
Equity10/15€372k€376k▲
Contributions10/11€6k€6k=
Reserves13€310k€313k▲
Distributable reserves133€310k€313k▲
Profit (loss) carried forward14€56k€56k=
Amounts payable17/49€149k€164k▲
Amounts payable after more than one year17€123k€115k▼
Financial debts170/4€123k€115k▼
Amounts payable within one year42/48€25k€49k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€1k€28k▲
Suppliers440/4€1k€28k▲
Taxes, remuneration and social security45€12k€3k▼
Taxes450/3€12k€3k▼
Other amounts payable47/48€3k€10k▲
Accrued charges and deferred income492/3€850-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€14k▲
Other operating charges640/8€2k€11k▲
Gross operating margin9900€100k€33k▼
Operating profit (loss)9901€87k€8k▼
Financial income75/76B€831€440▼
Recurring financial income75€831€440▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€85k€6k▼
Income taxes67/77€25k€2k▼
Profit (loss) for the period9904€60k€3k▼
Profit (loss) for the period to be appropriated9905€60k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€116k€59k▼
Profit (loss) brought forward from the previous period14P€56k€56k=
Transfer to equity691/2€60k€3k▼
To other reserves6921€60k€3k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 48 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Equity above €200kEq €257k ▲30.6%
3 profitable years in a row build equity to €257k.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €70k ▲11.8%
Operating result €99k, net result €70k, both a record.
31-12
Financial
Equity above €150kEq €196k ▲55.2%
2 profitable years in a row build equity to €196k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €62k
Net result €62k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €127k ▲97.4%
Equity rises from €64k to €127k.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kroonlaan 2281050 ElseneGround area
242 m²
Building footprint
93 m²
Volume, LiDAR
1,446 m³
Parcel 21443C0218/00C022, Brussels · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Kroonlaan 228, 1050 Elsene
since 20152.246.396.472
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0218/00C022 | Brussels | 242 m² | 1 · 93 m² | 18.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CDC CONSULTING
BE 0872.872.613
Brussel · Eq €375,586
PHILIP DESCHIETERE
BE 0890.848.889
Lier · Eq €375,613
Colline
BE 0839.217.868
Meerhout · Eq €375,512
TOP GUN ACADEMY
BE 0680.710.168
Beringen · Eq €375,678
CAP 3000
BE 0479.384.688
Brussel · Eq €375,415
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 36,771 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68204Real estate activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.