ACTIVE

THE PALM BEACH

Financial year 2024 · closed on 31/12/2024
Net result
82 k €
-18.3% YoY
Gross margin
124,7 k €
-8.8% YoY
Equity
-663,1 k €
+11.0% YoY

What does THE PALM BEACH do?

THE PALM BEACH is a Private limited company incorporated in 1982. Its main activity is: Advertising agencies. Its registered office is in Forest.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0423.051.840
Incorporation
27/10/1982
Legal form
Private limited company
Registered office
Rue Meyerbeer 61
1190 Forest · BruxellesSee on map
Contributed capital
55 776,04 €
Latest accounts
31/12/2024
Joint committees (1)
  • 2000
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin124,7 k €136,8 k €134 k €112,2 k €5,4 k €20,5 k €2,9 k €2,5 k €7,3 k €8,2 k €-201 €-8,2 k €32,3 k €15,5 k €21,8 k €15,4 k €-6,9 k €
EBITDA89 k €108 k €102,7 k €91,2 k €-124,8 k €-1,2 k €-8,5 k €1,4 k €6,4 k €7,1 k €-1,3 k €-8,8 k €30,8 k €13,7 k €20,7 k €14,6 k €-10,3 k €
Operating result82,2 k €101,2 k €95,3 k €84,9 k €-125 k €-1,2 k €-8,9 k €837 €5,2 k €2,8 k €-5,8 k €-13 k €25,2 k €5,8 k €15,6 k €8,9 k €-20,6 k €
Net result82 k €100,4 k €95,1 k €84,5 k €-125 k €-1,2 k €-9,3 k €837 €5,2 k €2,8 k €-5,8 k €-13,1 k €25,2 k €5,7 k €20,6 k €8,8 k €-19,6 k €
Balance sheet
Equity-663,1 k €-745,1 k €-845,5 k €-940,5 k €-984,4 k €-859,4 k €-858,1 k €-848,9 k €-849,7 k €-854,9 k €-857,7 k €-851,8 k €-838,8 k €-864 k €-869,7 k €-890,2 k €-899,1 k €
Total assets27,7 k €57,6 k €29,3 k €37,9 k €6,3 k €135 k €111,5 k €106,4 k €107,3 k €109,4 k €116,4 k €116,2 k €123,1 k €118,8 k €111,7 k €123,9 k €122,8 k €
Cash0 €1,2 k €0 €677,9 €46 €1,2 k €2,8 k €219 €260 €862 €1,9 k €96 €144 €34 €274 €408 €
Debts690,9 k €802,7 k €874,7 k €978,4 k €990,7 k €994,4 k €969,6 k €955,2 k €957 k €964,3 k €974,1 k €968 k €961,9 k €982,7 k €981,4 k €1 M €1 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 5 ended

Active mandates

Antoine Vandewiele

Director · since 20 juin 2024

Active
Etienne VANDEWIELE

Director · since 01 avril 2020

Active

Ended mandates

Etienne Vandewiele

Manager · since 01 avril 2020

Ended
Antoine Vandewiele

Manager · since 01 février 1995

Ended
Etienne Vandewiele

Manager · since 01 février 1995

Ended
Vandewiele Antoine

Manager

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202530/09/202431/08/202331/08/202202/12/202129/12/2020
General meeting15/05/202515/05/202415/05/202315/05/202215/05/202108/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

23 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202415/05/202529/08/2025FrenchPDF
Micro model31/12/202315/05/202430/09/2024FrenchPDF
Micro model31/12/202215/05/202331/08/2023FrenchPDF
Micro model31/12/202115/05/202231/08/2022FrenchPDF
Micro model31/12/202015/05/202102/12/2021FrenchPDF
Micro model31/12/201908/09/202029/12/2020FrenchPDF
Abridged model31/12/201807/05/201908/10/2019DutchPDF
Abridged model31/12/201701/05/201815/10/2018DutchPDF
Abridged model31/12/201602/05/201717/09/2017DutchPDF
Abridged model31/12/201503/05/201615/01/2017DutchPDF
Abridged model31/12/201405/05/201511/01/2016DutchPDF
Abridged model31/12/201306/05/201417/11/2014DutchPDF
Abridged model31/12/201207/05/201307/11/2013DutchPDF
Abridged model31/12/201101/05/201211/10/2012DutchPDF
Abridged model31/12/201003/05/201103/08/2011DutchPDF
Abridged model31/12/200904/05/201014/11/2010DutchPDF
Abridged model31/12/200805/05/200915/12/2009DutchPDF
Abridged model31/12/200706/05/200810/06/2009DutchPDF
Abridged model31/12/200601/05/200710/06/2009DutchPDF
Abridged model31/12/200502/05/200611/01/2007DutchPDF
Abridged model31/12/200403/05/200511/01/2007DutchPDF
Abridged model31/12/200304/05/200411/01/2007DutchPDF
Abridged model31/12/200206/05/200311/01/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 5 ended

Active mandates

Antoine Vandewiele

Director · since 20 juin 2024

Active
Etienne VANDEWIELE

Director · since 01 avril 2020

Active

Ended mandates

Etienne Vandewiele

Manager · since 01 avril 2020

Ended
Antoine Vandewiele

Manager · since 01 février 1995

Ended
Etienne Vandewiele

Manager · since 01 février 1995

Ended
Vandewiele Antoine

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2020
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/09/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/10/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/04/2005
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/10/2003
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 202482 k €
  2. 2023
    Annual accounts 2023100,4 k €
  3. 2022
    Annual accounts 202295,1 k €
  4. 2021
    Annual accounts 202184,5 k €
  5. 2018
    Annual accounts 2018-125 k €
  6. 2017
    Annual accounts 2017-1,2 k €
  7. 2016
    Annual accounts 2016-9,3 k €
  8. 2015
    Annual accounts 2015837 €
  9. 2014
    Annual accounts 20145,2 k €
  10. 2013
    Annual accounts 20132,8 k €
  11. 2012
    Annual accounts 2012-5,8 k €
  12. 2011
    Annual accounts 2011-13,1 k €
  13. 2010
    Annual accounts 201025,2 k €
  14. 2009
    Annual accounts 20095,7 k €
  15. 2008
    Annual accounts 200820,6 k €
  16. 2007
    Annual accounts 20078,8 k €
  17. 2006
    Annual accounts 2006-19,6 k €
  18. 27/10/1982
    IncorporationPrivate limited company