ACTIVE

PALEO

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result-5,2 M €-35,0 %over 1 year

Gross margin1,5 M €+62,0 %over 1 year

Equity2,5 M €-67,8 %over 1 year

Workforce20,4 ETP-1,0 %over 1 year

Identity

Source · BCE/KBO

PALEO is a Private limited company incorporated in 2020. Its main activity is: Wholesale of other food, including fish, crustaceans and molluscs. Its registered office is in Leuven. It employs on average 20,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0756.986.614
Incorporation: 26/10/2020
Legal form: Private limited company
Registered office: Gaston Geenslaan 1
3001 Leuven · FlandreSee on map
Contributed capital: 7 625 258,07 €
Latest accounts: 31/12/2025
Average workforce: 20,4 ETP

Activities (NACE)

46389Wholesale of other food, including fish, crustaceans and molluscs· main 46389Wholesale of other food, including fish, crustaceans and molluscs 74909Other professional, scientific and technical activities n.e.c.74999Other professional, scientific and technical activities n.e.c.10391Other processing and preserving of fruit and vegetables 10391Other processing and preserving of fruit and vegetables+6

Joint committees (1)

Signals

Solid equityGood liquidityHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,5 M €	+62.0%	897,8 k €	+293%	-464,7 k €	-40.0%	-331,8 k €	-41.8%	-233,9 k €
EBITDA	-1,4 M €	-33.5%	-1 M €	+25.4%	-1,4 M €	-131%	-604,4 k €	-120%	-274,1 k €
Operating result	-5,3 M €	-25.3%	-4,2 M €	-154%	-1,7 M €	-153%	-656,8 k €	-139%	-275 k €
Net result	-5,2 M €	-35.0%	-3,8 M €	-144%	-1,6 M €	-136%	-664,7 k €	-140%	-276,6 k €
Balance sheet
Equity	2,5 M €	-67.8%	7,6 M €	+40.0%	5,4 M €	+437%	1 M €	-17.5%	1,2 M €
Total assets	3,1 M €	-62.1%	8,1 M €	+42.7%	5,7 M €	+407%	1,1 M €	-21.7%	1,4 M €
Cash	1,2 M €	+64.3%	740,9 k €	+424%	141,4 k €	-55.6%	318,4 k €	-73.5%	1,2 M €
Debts	625 k €	+24.3%	502,7 k €	+104%	246,1 k €	+126%	109,1 k €	-46.1%	202,5 k €
Other
Workforce	20,4 ETP	-1.0%	20,6 ETP	+79.1%	11,5 ETP	+238%	3,4 ETP	+240%	1,0 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 31/12/2025

6 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luc Celis	Directorsince 03/04/2026
HUGIN & MUNIN0713.710.459Represented by Hermes Sanctorum	Managing directorsince 15/02/2023Director27/10/2021 → 2021 accountsended
Jan Christoph Gras	Directorsince 15/02/2023
INNO TUNE0879.450.993Represented by Lieven De Smedt	Director26/05/2023 → 28/01/2026
Faustina0774.833.723Represented by Andy De Jong	Managing director15/02/2023 → 28/01/2026Director27/10/2021 → 2021 accountsended
Philip Patrick Mertens	Director15/02/2023 → 28/01/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luc Selis	Director27/10/2021 → 2021 accounts
Andy de Jong	Directoruntil 27/10/2021
Hermes Sanctorum-Vandevoorde	Directoruntil 27/10/2021

Other companies at this address

Gaston Geenslaan 1 3001 Leuven

Company	CBE no.
Bio-Incubator Leuven● Active	0876.605.232
Community Building Arenberg● Active	1014.096.594
Creative Biolabs Belgium● Active	1028.942.544
DName-iT● Active	0506.754.823
Fisherman● Active	0804.287.079
Fishway● Active	0787.869.632
Formac Pharmaceuticals● Active	0892.914.395
IDA INTERNATIONAL● Active	1002.119.470
Lever Bio Belgium● Active	1039.455.958
Maatschap reMYND● Active	1019.655.090
miDiagnostics● Active	0641.984.602
Oxurion● Active	0881.620.924
PARKEERGEBOUW● Active	1009.039.728
Pledge Therapeutics● Active	0726.743.301
Qmineral● Active	0837.633.897
Raya Therapeutic● Active	1003.128.171
ReGenesys● Active	0877.070.337
ReGenesys EU● Active	0544.577.301
reMYND● Active	0476.910.101
ReWrite● Active	1016.891.283

Full financial information

Source · NBB

	2025	2024	2023	2022	2021
Type of account	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	26/10/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Length of the financial year	12 months	12 months	12 months	12 months	15 months
Filing date	10/07/2026	23/06/2025	08/07/2024	01/06/2023	25/07/2022
General meeting	16/06/2026	17/06/2025	18/06/2024	26/05/2023	17/06/2022
Currency of the financial year	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 5 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/06/2026	10/07/2026	Dutch	PDF
Abridged model	31/12/2024	17/06/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	18/06/2024	08/07/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	01/06/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	25/07/2022	Dutch	PDF

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 31/12/2025

6 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luc Celis	Directorsince 03/04/2026
HUGIN & MUNIN0713.710.459Represented by Hermes Sanctorum	Managing directorsince 15/02/2023Director27/10/2021 → 2021 accountsended
Jan Christoph Gras	Directorsince 15/02/2023
INNO TUNE0879.450.993Represented by Lieven De Smedt	Director26/05/2023 → 28/01/2026
Faustina0774.833.723Represented by Andy De Jong	Managing director15/02/2023 → 28/01/2026Director27/10/2021 → 2021 accountsended
Philip Patrick Mertens	Director15/02/2023 → 28/01/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luc Selis	Director27/10/2021 → 2021 accounts
Andy de Jong	Directoruntil 27/10/2021
Hermes Sanctorum-Vandevoorde	Directoruntil 27/10/2021

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/02/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other27/06/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares29/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates09/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates12/04/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

Filings5 filings

Mandates

Luc Celis

HUGIN & MUNIN

Jan Christoph Gras

INNO TUNE

Faustina

Philip Patrick Mertens

Luc Selis

Andy de Jong

Hermes Sanctorum-Vandevoorde

2020202120222023202420252026

PALEO

Gaston Geenslaan 1, 3001 HeverleeMeilrijk 98, 3290 Diest

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Gaston Geenslaan 1, 3001 HeverleeCurrent	accounts 2025	Accounts 2025 · 2026-00286243
Meilrijk 98, 3290 Diest	accounts 2022 → 2024	Accounts 2024 · 2025-00164810
Meilrijk 96, 3290 Diest	accounts 2021	Accounts 2021 · 2022-20225204

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
PALEOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00286243

Events

2025
Annual accounts 2025-5,2 M €↓
2024
Annual accounts 2024-3,8 M €↓
2023
Annual accounts 2023-1,6 M €↓
2022
Annual accounts 2022-664,7 k €↓
2021
Annual accounts 2021-276,6 k €
26/10/2020
IncorporationPrivate limited company

PALEO

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events