ACTIVE

PALENCO

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Financial year 2025 · closed on 30/12/2025
Net result
-357,3 k €
+1.9% YoY
Gross margin
35 k €
-65.4% YoY
Equity
5,9 M €
-5.7% YoY
Workforce
1,0 ETP
0.0% YoY

What does PALENCO do?

PALENCO is a Public limited company incorporated in 1993. Its main activity is: Activities of holding companies. Its registered office is in Menen. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0450.395.645
Incorporation
29/06/1993
Legal form
Public limited company
Registered office
Waalvest 15
8930 Menen · FlandreSee on map
Contributed capital
4 850 606,00 €
Latest accounts
30/12/2025
Average workforce
1,0 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies70200Management consultancy activities70220Business and other management consultancy activities74151Specialised design activities
Joint committees (4)
  • 100
  • 1000
  • 111
  • 209
Signals
Solid equityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222019201820172016201520142013201220112010200920082007
Income statement
Gross margin35 k €101,3 k €-14,9 k €–––––––––245 k €-55,8 k €-148,6 k €-100,9 k €-87,4 k €
EBITDA-24,8 k €32,8 k €-534,3 k €147,3 k €263,3 k €213,7 k €166 k €225,4 k €-87,2 k €625,9 k €292,5 k €413,4 k €221,6 k €-83,8 k €-176,1 k €-126,8 k €-111,2 k €
Operating result-209,9 k €-151,3 k €-800 k €-37,6 k €83,8 k €35,6 k €-9,7 k €49,4 k €-263,4 k €449,3 k €109,2 k €231,6 k €36 k €-276,3 k €-364,2 k €-313,6 k €-343,9 k €
Net result-357,3 k €-364,1 k €-9,2 M €-137,6 k €-7,9 M €3,8 k €-46 k €97 €-323 k €379,3 k €-192,8 k €417,9 k €46,2 k €-309,2 k €-345,3 k €-840,5 k €-273,1 k €
Balance sheet
Equity5,9 M €6,2 M €6,6 M €9,9 M €10,6 M €16,1 M €16,1 M €16,1 M €16,1 M €16,4 M €16,1 M €16,2 M €15,8 M €15,8 M €16,1 M €16,5 M €17,3 M €
Total assets14,3 M €14,5 M €14,6 M €14,4 M €14,3 M €19,7 M €19,8 M €19,9 M €20 M €20,6 M €19,6 M €19,1 M €16,5 M €16,3 M €16,2 M €16,5 M €17,4 M €
Cash6,1 k €31,3 k €67,5 €34,2 k €12 k €17,1 k €23,1 k €2,4 k €17,6 k €21,8 k €4,2 k €12,3 k €6,2 k €5 k €497,1 k €81,8 €7,6 k €
Debts8,5 M €8,2 M €7,9 M €4,5 M €3,7 M €3,6 M €3,8 M €3,8 M €3,9 M €4,1 M €3,5 M €2,8 M €653,8 k €446,5 k €49,7 k €45,1 k €102 k €
Other
Workforce1,0 ETP1,0 ETP0,9 ETP–0,2 ETP0,2 ETP0,2 ETP0,6 ETP0,7 ETP0,7 ETP0,7 ETP0,4 ETP0,2 ETP0,3 ETP0,4 ETP0,4 ETP0,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/12/2025 · 4 active · 7 ended

Active mandates

Axelle D'HEYGERE

Director

Active
Lorenz D'HEYGERE

Director

Active
Magalie D'HEYGERE

Director

Active
Sylvie VERCRUYSSE

Managing director

Active

Ended mandates

Axelle D’Heygere

Director · since 29 juin 2023

Ended
Lorenz D’Heygere

Director · since 29 juin 2023

Ended
Philippe D'HEYGERE

Managing director · since 02 octobre 2022 · until 20 décembre 2024

Ended
Magalie D'heygere

Director · since 03 octobre 2016 · until 03 octobre 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
PHAMALOSY● Active
0719.780.679
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelFull modelFull modelFull model
Start of the financial year31/12/202431/12/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/12/202530/12/202430/12/202330/06/202230/06/202130/06/2020
Length of the financial year13 months13 months18 months12 months12 months12 months
Filing date14/07/202630/06/202526/07/202418/11/202228/10/202130/10/2020
General meeting29/06/202628/06/202528/06/202431/10/202204/10/202105/10/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/12/202529/06/202614/07/2026DutchPDF
Abridged model30/12/202428/06/202530/06/2025DutchPDF
Abridged model30/12/202328/06/202426/07/2024DutchPDF
Full model30/06/202231/10/202218/11/2022DutchPDF
Full model30/06/202104/10/202128/10/2021DutchPDF
Full model30/06/202005/10/202030/10/2020DutchPDF
Full model30/06/201907/10/201922/10/2019DutchPDF
Full model30/06/201801/10/201812/10/2018DutchPDF
Full model30/06/201723/10/201716/11/2017DutchPDF
Full model30/06/201603/10/201602/11/2016DutchPDF
Full model30/06/201505/10/201527/10/2015DutchPDF
Full model30/06/201406/10/201427/10/2014DutchPDF
Full model30/06/201307/10/201328/10/2013DutchPDF
Full model30/06/201201/10/201222/10/2012DutchPDF
Abridged model30/06/201103/10/201109/11/2011DutchPDF
Abridged model30/06/201015/11/201013/12/2010DutchPDF
Abridged model30/06/200905/10/200904/11/2009DutchPDF
Abridged model30/06/200806/10/200820/10/2008DutchPDF
Abridged model30/06/200701/10/200707/11/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

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 30/12/2025 · 4 active · 7 ended

Active mandates

Axelle D'HEYGERE

Director

Active
Lorenz D'HEYGERE

Director

Active
Magalie D'HEYGERE

Director

Active
Sylvie VERCRUYSSE

Managing director

Active

Ended mandates

Axelle D’Heygere

Director · since 29 juin 2023

Ended
Lorenz D’Heygere

Director · since 29 juin 2023

Ended
Philippe D'HEYGERE

Managing director · since 02 octobre 2022 · until 20 décembre 2024

Ended
Magalie D'heygere

Director · since 03 octobre 2016 · until 03 octobre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates04/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/01/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/02/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/10/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2005
    ONTSLAGEN - BENOEMINGEN
    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. 2025
    Annual accounts 2025-357,3 k €↑
  2. 2024
    Annual accounts 2024-364,1 k €↑
  3. 2023
    Annual accounts 2023-9,2 M €↓
  4. 2022
    Annual accounts 2022-137,6 k €↑
  5. 2019
    Annual accounts 2019-7,9 M €↓
  6. 2018
    Annual accounts 20183,8 k €↑
  7. 2017
    Annual accounts 2017-46 k €↓
  8. 2016
    Annual accounts 201697 €↑
  9. 2015
    Annual accounts 2015-323 k €↓
  10. 2014
    Annual accounts 2014379,3 k €↑
  11. 2013
    Annual accounts 2013-192,8 k €↓
  12. 2012
    Annual accounts 2012417,9 k €↑
  13. 2011
    Annual accounts 201146,2 k €↑
  14. 2010
    Annual accounts 2010-309,2 k €↑
  15. 2009
    Annual accounts 2009-345,3 k €↑
  16. 2008
    Annual accounts 2008-840,5 k €↓
  17. 2007
    Annual accounts 2007-273,1 k €
  18. 29/06/1993
    IncorporationPublic limited company