STUDIE- EN EXPERTISEBUREAU DE PALMENAER
0421.239.425 · rovalta.com · 23/09/2026
ACTIVE
STUDIE- EN EXPERTISEBUREAU DE PALMENAER
Financial year 2025 · closed on 31/12/2025
Net result
240,1 k €
+1177.3% YoY
Gross margin
1,5 M €
+43.8% YoY
Equity
4,8 M €
+5.2% YoY
Workforce
9,2 ETP
-17.9% YoY
Overview
What does STUDIE- EN EXPERTISEBUREAU DE PALMENAER do?
STUDIE- EN EXPERTISEBUREAU DE PALMENAER is a Public limited company incorporated in 1981. Its registered office is in Gent. It employs on average 9,2 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0421.239.425
Incorporation
04/02/1981
Legal form
Public limited company
Registered office
Derbystraat 251
9051 Gent · FlandreSee on map
9051 Gent · FlandreSee on map
Contributed capital
3 062 000,00 €
Latest accounts
31/12/2025
Average workforce
9,2 ETP
Joint committees (2)
- 218
- 323
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 15 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2014 | 2013 | 2012 | 2011 | 2010 | 2008 | 2007 | 2006 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Gross margin | 1,5 M € | +43.8% | 1 M € | +1.1% | 1 M € | -5.0% | 1,1 M € | -26.6% | 1,5 M € | +60.2% | 921,5 k € | -4.0% | 959,8 k € | -30.6% | 1,4 M € | -12.8% | 1,6 M € | -7.1% | 1,7 M € | +2.2% | 1,7 M € | +18.5% | 1,4 M € | +57.4% | 894,6 k € | +7.1% | 835,2 k € | -2.5% | 856,2 k € |
| EBITDA | 843,7 k € | +65.3% | 510,3 k € | +47.6% | 345,8 k € | -26.6% | 471,4 k € | -43.4% | 833,2 k € | +130% | 362,8 k € | -15.7% | 430,4 k € | -37.9% | 693,4 k € | -19.4% | 860,4 k € | +2.3% | 841,5 k € | +7.0% | 786,4 k € | +6.3% | 740,1 k € | +30.7% | 566,2 k € | +18.7% | 477,1 k € | -4.7% | 500,5 k € |
| Operating result | 523,9 k € | +196% | 176,8 k € | +347% | 39,5 k € | -77.3% | 174,3 k € | -64.0% | 483,6 k € | +118% | 221,9 k € | -2.0% | 226,5 k € | -12.5% | 258,9 k € | -17.0% | 311,8 k € | -16.8% | 374,5 k € | +14.3% | 327,7 k € | +14.0% | 287,4 k € | +26.7% | 226,8 k € | +8.2% | 209,7 k € | -8.9% | 230,2 k € |
| Net result | 240,1 k € | +1177% | -22,3 k € | +44.4% | -40,1 k € | -181% | 49,4 k € | -86.9% | 377,7 k € | +3473% | 10,6 k € | +133% | -31,7 k € | -127% | 117,7 k € | -21.6% | 150,2 k € | -26.3% | 203,8 k € | -0.2% | 204,2 k € | +472% | 35,7 k € | +69.2% | 21,1 k € | -52.7% | 44,6 k € | +17.0% | 38,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | 4,8 M € | +5.2% | 4,6 M € | -0.5% | 4,6 M € | -0.9% | 4,6 M € | +1.1% | 4,6 M € | +9.0% | 4,2 M € | +0.3% | 4,2 M € | -16.1% | 5 M € | +2.2% | 4,9 M € | +3.0% | 4,8 M € | +4.3% | 4,6 M € | +5.3% | 4,3 M € | +6.4% | 4,1 M € | +212% | 1,3 M € | +3.5% | 1,3 M € |
| Total assets | 8,7 M € | -1.6% | 8,8 M € | -0.8% | 8,9 M € | -3.2% | 9,2 M € | +1.1% | 9,1 M € | +1.7% | 8,9 M € | +3.7% | 8,6 M € | -31.9% | 12,6 M € | +5.7% | 11,9 M € | -4.9% | 12,5 M € | -1.3% | 12,7 M € | +0.1% | 12,7 M € | +29.3% | 9,8 M € | +46.6% | 6,7 M € | +0.1% | 6,7 M € |
| Cash | 1,2 k € | – | 1,7 k € | -85.6% | 11,5 k € | -53.4% | 24,7 k € | -42.9% | 43,3 k € | +6411% | 664,5 € | -90.7% | 7,1 k € | +847% | 753,8 € | -98.6% | 54,6 k € | +61.9% | 33,7 k € | – | 2,1 k € | – | – | ||||||
| Debts | 3,7 M € | -11.9% | 4,2 M € | -1.4% | 4,3 M € | -5.6% | 4,5 M € | +1.1% | 4,5 M € | -4.7% | 4,7 M € | +7.0% | 4,4 M € | -42.4% | 7,6 M € | +8.1% | 7 M € | -9.7% | 7,8 M € | -4.4% | 8,1 M € | -2.5% | 8,3 M € | +45.6% | 5,7 M € | +6.5% | 5,4 M € | -0.6% | 5,4 M € |
| Other | |||||||||||||||||||||||||||||
| Workforce | 9,2 ETP | -17.9% | 11,2 ETP | +12.0% | 10,0 ETP | -7.4% | 10,8 ETP | -16.3% | 12,9 ETP | +16.2% | 11,1 ETP | -9.0% | 12,2 ETP | -20.8% | 15,4 ETP | -5.5% | 16,3 ETP | -13.3% | 18,8 ETP | -7.8% | 20,4 ETP | +132% | 8,8 ETP | +79.6% | 4,9 ETP | +2.1% | 4,8 ETP | -22.6% | 6,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 13 ended
Active mandates
Feliciaan De Palmenaer
ActiveFrank De Palmenaer
ActiveEnded mandates
Feliciaan De Palmenaer
EndedFeliciaan De Palmenaer
EndedFrank De Palmenaer
EndedFrank De Palmenaer
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/06/2026 | 29/08/2025 | 23/10/2024 | 25/09/2023 | 25/09/2023 | 10/08/2021 |
| General meeting | 30/06/2026 | 29/08/2025 | 18/10/2024 | 13/07/2023 | 13/07/2023 | 09/08/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/06/2026 | 30/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 29/08/2025 | 29/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 18/10/2024 | 23/10/2024 | Dutch | |
| Abridged modelCorrection | 31/12/2022 | 13/07/2023 | 25/09/2023 | Dutch | |
| Abridged model | 31/12/2022 | 13/07/2023 | 19/09/2023 | Dutch | |
| Abridged model | 31/12/2021 | 13/07/2023 | 25/09/2023 | Dutch | |
| Abridged model | 31/12/2020 | 09/08/2021 | 10/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 09/08/2021 | 10/08/2021 | Dutch | |
| Abridged model | 31/12/2018 | 20/08/2019 | 27/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 25/07/2018 | 26/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 04/05/2018 | 29/05/2018 | Dutch | |
| Abridged model | 31/12/2015 | 02/01/2017 | 23/01/2017 | Dutch | |
| Abridged model | 31/12/2014 | 30/06/2015 | 29/09/2015 | Dutch | |
| Abridged model | 31/12/2013 | 21/06/2014 | 18/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 15/06/2013 | 06/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 16/06/2012 | 22/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 18/06/2011 | 21/10/2011 | Dutch | |
| Abridged model | 31/12/2009 | 19/06/2010 | 09/03/2011 | Dutch | |
| Abridged model | 31/12/2008 | 30/04/2009 | 19/01/2010 | Dutch | |
| Abridged model | 31/12/2007 | 21/06/2008 | 19/12/2008 | Dutch | |
| Abridged model | 31/12/2006 | 16/06/2007 | 12/11/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 13 ended
Active mandates
Feliciaan De Palmenaer
ActiveFrank De Palmenaer
ActiveEnded mandates
Feliciaan De Palmenaer
EndedFeliciaan De Palmenaer
EndedFrank De Palmenaer
EndedFrank De Palmenaer
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other13/11/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates15/12/2021ONTSLAGEN - BENOEMINGEN
- Mandates30/05/2018MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates08/02/2017ONTSLAGEN - BENOEMINGEN
- Mandates23/12/2015ONTSLAGEN - BENOEMINGEN
- Capital / shares27/02/2012KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares06/02/2012KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Restructuring28/09/2010RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025240,1 k €↑
- 2024Annual accounts 2024-22,3 k €↑
- 2023Annual accounts 2023-40,1 k €↓
- 2022Annual accounts 202249,4 k €↓
- 2021Annual accounts 2021377,7 k €↑
- 2020Annual accounts 202010,6 k €↑
- 2019Annual accounts 2019-31,7 k €↓
- 2014Annual accounts 2014117,7 k €↓
- 2013Annual accounts 2013150,2 k €↓
- 2012Annual accounts 2012203,8 k €↓
- 2011Annual accounts 2011204,2 k €↑
- 2010Annual accounts 201035,7 k €↑
- 2008Annual accounts 200821,1 k €↓
- 2007Annual accounts 200744,6 k €↑
- 2006Annual accounts 200638,1 k €
- 04/02/1981IncorporationPublic limited company