ACTIVE

PALACON

Financial year 2025 · Closed on 30/09/2025

Net result425,3 k €+37,3 %over 1 year
Gross margin191 k €-17,7 %over 1 year
Equity2,9 M €+15,7 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

PALACON is a Private limited company incorporated in 1997. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Geraardsbergen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.020.709
Incorporation
14/07/1997
Legal form
Private limited company
Registered office
Lestpolder(Zan) 21
9506 Geraardsbergen · FlandreSee on map
Contributed capital
64 000,00 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin191 k €232,1 k €209,3 k €213,3 k €263,4 k €
EBITDA187,3 k €228,2 k €183 k €211,4 k €261,8 k €
Operating result105,4 k €170,5 k €137,5 k €173,2 k €222,9 k €
Net result425,3 k €309,8 k €350 k €578,7 k €446,9 k €
Balance sheet
Equity2,9 M €2,5 M €2,3 M €2,8 M €2,2 M €
Total assets3 M €2,7 M €2,5 M €3,1 M €2,7 M €
Cash135,2 k €115,8 k €9,9 k €463,5 k €245,7 k €
Debts107,7 k €170,4 k €200,9 k €386,5 k €561,3 k €
Other
Workforce0,0 ETP0,0 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Paul De Smet
DirectorManager2023 accountsendedMandate2007 accountsended

Other companies at this address

Lestpolder(Zan) 21 9506 Geraardsbergen
CompanyCBE no.
De Smet Paul● Active
1021.755.735

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/03/202628/04/202529/03/202430/03/202331/03/202227/04/2021
General meeting06/03/202607/03/202508/03/202410/03/202311/03/202212/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202506/03/202627/03/2026DutchPDF
Abridged model30/09/202407/03/202528/04/2025DutchPDF
Abridged model30/09/202308/03/202429/03/2024DutchPDF
Abridged model30/09/202210/03/202330/03/2023DutchPDF
Abridged model30/09/202111/03/202231/03/2022DutchPDF
Abridged model30/09/202012/03/202127/04/2021DutchPDF
Abridged model30/09/201903/04/202009/04/2020DutchPDF
Abridged model30/09/201822/03/201925/04/2019DutchPDF
Abridged model30/09/201718/03/201819/03/2018DutchPDF
Abridged model30/09/201624/03/201731/03/2017DutchPDF
Abridged model30/09/201525/03/201631/03/2016DutchPDF
Abridged model30/09/201427/03/201528/04/2015DutchPDF
Abridged model30/09/201328/03/201428/03/2014DutchPDF
Abridged model30/09/201229/03/201326/04/2013DutchPDF
Abridged model30/09/201130/03/201225/04/2012DutchPDF
Abridged model30/09/201030/03/201126/04/2011DutchPDF
Abridged model30/09/200926/03/201009/04/2010DutchPDF
Abridged model30/09/200813/03/200917/03/2009DutchPDF
Abridged model30/09/200714/03/200818/03/2008DutchPDF
Abridged model30/09/200616/03/200726/03/2007DutchPDF

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.

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.

Board of directors

Source · NBB, accounts to 30/09/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Paul De Smet
DirectorManager2023 accountsendedMandate2007 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/12/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares27/08/2014
    KAPITAAL - AANDELEN
    PDF
  • Other16/07/2008
    wijziging statuten i
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Paul DE SMET
199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
PALACON
Lestpolder(Zan) 21, 9506 Idegem
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Lestpolder(Zan) 21, 9506 IdegemCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00065759

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
PALACONCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00065759

Events

  1. 2025
    Annual accounts 2025425,3 k €↑
  2. 2024
    Annual accounts 2024309,8 k €↓
  3. 2023
    Annual accounts 2023350 k €↓
  4. 2022
    Annual accounts 2022578,7 k €↑
  5. 2021
    Annual accounts 2021446,9 k €↑
  6. 2020
    Annual accounts 2020296,8 k €↑
  7. 2019
    Annual accounts 201933,1 k €↓
  8. 2018
    Annual accounts 201883,1 k €↓
  9. 2017
    Annual accounts 201785,3 k €↓
  10. 2016
    Annual accounts 201692 k €↓
  11. 2015
    Annual accounts 2015100 k €↓
  12. 2014
    Annual accounts 2014118,9 k €↑
  13. 2013
    Annual accounts 201351,9 k €↑
  14. 2012
    Annual accounts 201232,4 k €↑
  15. 2011
    Annual accounts 2011-4,2 k €↑
  16. 2010
    Annual accounts 2010-4,8 k €↓
  17. 2009
    Annual accounts 200929,5 k €↑
  18. 2008
    Annual accounts 200817,8 k €↓
  19. 2007
    Annual accounts 200723,6 k €
  20. 14/07/1997
    IncorporationPrivate limited company