NORMAL SITUATION

PALACEA

Financial year 2025 · closed on 30/11/2025
Net result
-2,1 M €
+27.2% YoY
Revenue
6 M €
-1.6% YoY
Equity
0 €
+100.0% YoY
Workforce
67,3 ETP
-6.1% YoY

Company — Normal situation.

What does PALACEA do?

PALACEA is a company registered in Belgium. It employs on average 67,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0479.375.879
Legal form
Public limited company
Contributed capital
24 043 868,56 €
Latest accounts
30/11/2025
Average workforce
67,3 ETP
Joint committees (1)
  • 330
Signals
Positive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue6 M €6,1 M €5,8 M €5,1 M €4,9 M €4,9 M €5,2 M €4,8 M €4,5 M €2,8 M €1,8 M €3,1 M €3,4 M €3,5 M €3,3 M €3,3 M €3,1 M €
EBITDA33,7 k €-751,2 k €-2,3 M €-1,3 M €-672 k €-462,1 k €-301,9 k €-441,3 k €-906,3 k €-2,1 M €-2,6 M €-77,2 k €18 k €229,4 k €-22,9 k €8,1 k €46,1 k €-241,1 k €
Operating result-143 k €-926,1 k €-2,5 M €-1,7 M €-934,6 k €-798,5 k €-636,1 k €-771 k €-1,2 M €-2,4 M €-2,6 M €-241,4 k €-174,1 k €39,7 k €-207,9 k €-171,7 k €-132,8 k €-405,8 k €
Net result-2,1 M €-2,9 M €-3,6 M €-2 M €-1,3 M €-1,1 M €-948,6 k €-992 k €-1,4 M €-2,6 M €-2,8 M €-300,2 k €-224,1 k €-36,4 k €-276,7 k €-235 k €-218,2 k €-530,3 k €
Balance sheet
Equity0 €-21,8 M €-18,9 M €-15,3 M €-13,3 M €-12 M €-10,8 M €-9,9 M €-8,9 M €-7,5 M €-4,9 M €-2,1 M €-1,8 M €-1,6 M €-1,5 M €-1,3 M €-1 M €-812,9 k €
Total assets874,6 k €1 M €2,6 M €2,9 M €3 M €3,3 M €3,6 M €3,9 M €3,9 M €3,9 M €2,8 M €867,9 k €810,3 k €846,4 k €1,1 M €1,1 M €1,3 M €
Cash229,7 €70,2 €158,3 €154,4 €196,9 €829,6 €934,1 €774,2 €6,5 k €809 €11,3 k €226,3 k €34,2 k €44,2 k €37,5 k €65,2 k €
Debts22,5 M €19,7 M €17,6 M €16,1 M €14,9 M €13,9 M €13,3 M €12,6 M €11,2 M €8,7 M €4,9 M €2,7 M €2,4 M €2,4 M €2,3 M €2,1 M €2,1 M €
Other
Workforce67,3 ETP71,7 ETP68,0 ETP59,9 ETP62,9 ETP67,1 ETP65,3 ETP61,6 ETP60,2 ETP52,8 ETP42,8 ETP49,1 ETP49,8 ETP48,4 ETP50,9 ETP53,0 ETP51,4 ETP49,2 ETP
Governance

Board of directors

Seen on filing of 30/11/2025 · 3 active · 38 ended

Active mandates

Laurent NADIN

Director · since 24 juin 2025 · until 30 novembre 2025

Active
PODEROSA SRL

Director · since 24 juin 2025 · until 30 novembre 2025

Represented by Michel GUICHARD

Active
emeis Belgium

Director · since 23 novembre 2023 · until 30 novembre 2025 · 0887.690.451

Represented by Olivier VAN HOUTTE

Active

Ended mandates

emeis Belgium

Director · since 23 novembre 2023 · 0887.690.451

Represented by Olivier VAN HOUTTE

Ended
ELITE CONSULTING

Director · since 01 janvier 2023 · until 31 août 2023 · 0467.149.030

Represented by Olivier CARETTE

Ended
ELITE CONSULTING

Director · since 01 janvier 2023 · until 16 juin 2025 · 0467.149.030

Represented by Olivier CARETTE

Ended
emeis Belgium

Managing director · since 22 juin 2020 · until 17 juin 2024 · 0887.690.451

Represented by Marc Verbruggen

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year30/11/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year11 months12 months12 months12 months12 months12 months
Filing date09/01/202625/06/202509/07/202427/07/202323/06/202207/07/2021
General meeting30/11/202524/06/202525/06/202411/07/202322/06/202223/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/11/202530/11/202509/01/2026FrenchPDF
Abridged model31/12/202424/06/202525/06/2025FrenchPDF
Abridged model31/12/202325/06/202409/07/2024FrenchPDF
Abridged model31/12/202211/07/202327/07/2023FrenchPDF
Abridged model31/12/202122/06/202223/06/2022FrenchPDF
Abridged model31/12/202023/06/202107/07/2021FrenchPDF
Abridged model31/12/201922/06/202007/07/2020FrenchPDF
Abridged model31/12/201821/06/201924/06/2019FrenchPDF
Abridged model31/12/201722/06/201829/06/2018FrenchPDF
Abridged model31/12/201621/06/201722/06/2017FrenchPDF
Full model31/12/201522/06/201627/06/2016FrenchPDF
Full model31/12/201424/06/201503/07/2015FrenchPDF
Full model31/12/201324/06/201430/06/2014FrenchPDF
Full model31/12/201219/06/201327/06/2013FrenchPDF
Full model31/12/201107/06/201207/06/2012FrenchPDF
Full model31/12/201006/06/201120/06/2011FrenchPDF
Full model31/12/200924/06/201007/07/2010FrenchPDF
Abridged model31/12/200822/06/200916/07/2009FrenchPDF
Abridged model31/12/200730/05/200820/08/2008FrenchPDF
Abridged model31/12/200630/05/200720/06/2007FrenchPDF
Estimate

Indicative valuation

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 30/11/2025 · 3 active · 38 ended

Active mandates

Laurent NADIN

Director · since 24 juin 2025 · until 30 novembre 2025

Active
PODEROSA SRL

Director · since 24 juin 2025 · until 30 novembre 2025

Represented by Michel GUICHARD

Active
emeis Belgium

Director · since 23 novembre 2023 · until 30 novembre 2025 · 0887.690.451

Represented by Olivier VAN HOUTTE

Active

Ended mandates

emeis Belgium

Director · since 23 novembre 2023 · 0887.690.451

Represented by Olivier VAN HOUTTE

Ended
ELITE CONSULTING

Director · since 01 janvier 2023 · until 31 août 2023 · 0467.149.030

Represented by Olivier CARETTE

Ended
ELITE CONSULTING

Director · since 01 janvier 2023 · until 16 juin 2025 · 0467.149.030

Represented by Olivier CARETTE

Ended
emeis Belgium

Managing director · since 22 juin 2020 · until 17 juin 2024 · 0887.690.451

Represented by Marc Verbruggen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution30/12/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN
    PDF
  • Dissolution30/12/2025
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DEMISSIONS, NOMINATIONS
    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 2025-2,1 M €
  2. 2024
    Annual accounts 2024-2,9 M €
  3. 2023
    Annual accounts 2023-3,6 M €
  4. 2022
    Annual accounts 2022-2 M €
  5. 2021
    Annual accounts 2021-1,3 M €
  6. 2020
    Annual accounts 2020-1,1 M €
  7. 2019
    Annual accounts 2019-948,6 k €
  8. 2018
    Annual accounts 2018-992 k €
  9. 2017
    Annual accounts 2017-1,4 M €
  10. 2016
    Annual accounts 2016-2,6 M €
  11. 2015
    Annual accounts 2015-2,8 M €
  12. 2014
    Annual accounts 2014-300,2 k €
  13. 2013
    Annual accounts 2013-224,1 k €
  14. 2012
    Annual accounts 2012-36,4 k €
  15. 2011
    Annual accounts 2011-276,7 k €
  16. 2010
    Annual accounts 2010-235 k €
  17. 2009
    Annual accounts 2009-218,2 k €
  18. 2008
    Annual accounts 2008-530,3 k €