ACTIVE

PALMYRA BRANDS

Financial year 2023 · Closed on 31/12/2023

Net result-49,6 M €-7 235,9 %over 1 year
Revenue712 k €+120,0 %over 1 year
Equity88,7 M €-35,9 %over 1 year
Workforce4,5 ETP-2,2 %over 1 year

Identity

Source · BCE/KBO

PALMYRA BRANDS is a Public limited company incorporated in 2009. Its main activity is: Activities of holding companies. Its registered office is in Wommelgem. It employs on average 4,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0819.977.424
Incorporation
22/10/2009
Legal form
Public limited company
Registered office
Selsaetenstraat 50 B
2160 Wommelgem · FlandreSee on map
Contributed capital
82 200 000,00 €
Latest accounts
31/12/2023
Average workforce
4,5 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
Solid equityHealthy social debts

Financials

Source · NBB, 28 filings

Trend over 14 financial years

20232022202120202019
Income statement
Revenue712 k €323,6 k €114,5 k €315 k €397,1 k €
EBITDA-1,1 M €2,9 M €-1,2 M €12,5 M €-2,6 M €
Operating result-1,3 M €2,8 M €-1,3 M €12,3 M €-2,7 M €
Net result-49,6 M €695,3 k €38,2 M €4,7 M €-13,7 M €
Balance sheet
Equity88,7 M €138,3 M €137,6 M €99,4 M €107 M €
Total assets128,4 M €180,4 M €178,7 M €169,5 M €247,9 M €
Cash13,8 k €3,6 M €3,7 M €347,1 k €137,6 k €
Debts38,1 M €41,8 M €38,5 M €69,2 M €140,6 M €
Other
Workforce4,5 ETP4,6 ETP5,9 ETP12,0 ETP11,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 10 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
IRIDA0897.851.992Represented by Lodewijk VAN DEN BRANDE
Managing director27/06/2016 → 30/06/2027Directorlisted until the 2015 accountsended
POEKA0826.845.024Represented by Jan Van den Brande
Director01/11/2012 → 30/06/2027
VALRICHE0758.392.520Represented by Dirk Van den Brande
Director16/12/2020 → 30/06/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
VYVEY & C°, BEDRIJFSREVISOREN0859.596.677Represented by Steven (A01917) Vyvey
Auditor08/05/2020 → 2021 accounts
Dirk Van den Brande
Director11/05/2018 → 2020 accounts
Peter Van den Brande
Director01/01/2017 → 17/06/2020

Other companies at this address

Selsaetenstraat 50 B 2160 Wommelgem
CompanyCBE no.
ORELIA ZORG● Active
0810.196.557

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelConsolidated accountsConsolidated accounts
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 date11/09/202528/11/202431/07/202329/07/202204/08/202101/08/2020
General meeting10/09/202508/11/202431/07/202330/06/202230/07/202131/07/2020
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, 28 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202410/09/202511/09/2025DutchPDF
Full model31/12/202308/11/202428/11/2024DutchPDF
Consolidated accounts31/12/202320/12/202423/12/2024DutchPDF
Full model31/12/202231/07/202331/07/2023DutchPDF
Consolidated accountsCorrection31/12/202231/07/202323/12/2024DutchPDF
Consolidated accounts31/12/202231/07/202331/07/2023DutchPDF
Full model31/12/202130/06/202229/07/2022DutchPDF
Consolidated accounts31/12/202130/06/202231/07/2022DutchPDF
Full model31/12/202030/06/202129/07/2021DutchPDF
Consolidated accounts31/12/202030/07/202104/08/2021DutchPDF
Full model31/12/201922/06/202030/07/2020DutchPDF
Consolidated accounts31/12/201931/07/202001/08/2020DutchPDF
Full model31/12/201821/06/201901/07/2019DutchPDF
Consolidated accounts31/12/201821/06/201926/07/2019DutchPDF
Full model31/12/201722/06/201805/07/2018DutchPDF
Consolidated accounts31/12/201722/06/201816/07/2018DutchPDF
Full model31/12/201612/05/201726/06/2017DutchPDF
Consolidated accounts31/12/201630/06/201724/07/2017DutchPDF
Full model31/12/201531/07/201629/08/2016DutchPDF
Consolidated accounts31/12/201530/09/201624/10/2016DutchPDF
Full model31/12/201431/07/201531/08/2015DutchPDF
Consolidated accounts31/12/201430/09/201530/09/2015DutchPDF
Full model31/12/201329/09/201430/09/2014DutchPDF
Consolidated accounts31/12/201328/11/201411/12/2014DutchPDF

View all 28 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 10 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
IRIDA0897.851.992Represented by Lodewijk VAN DEN BRANDE
Managing director27/06/2016 → 30/06/2027Directorlisted until the 2015 accountsended
POEKA0826.845.024Represented by Jan Van den Brande
Director01/11/2012 → 30/06/2027
VALRICHE0758.392.520Represented by Dirk Van den Brande
Director16/12/2020 → 30/06/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
VYVEY & C°, BEDRIJFSREVISOREN0859.596.677Represented by Steven (A01917) Vyvey
Auditor08/05/2020 → 2021 accounts
Dirk Van den Brande
Director11/05/2018 → 2020 accounts
Peter Van den Brande
Director01/01/2017 → 17/06/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates01/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/12/2018
    ONTSLAGEN - BENOEMINGEN
    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
Filings14 filings
Mandates
VALRICHE
POEKA
IRIDA
VYVEY & C°, BEDRIJFSREVISOREN
Dirk Van den Brande
Peter Van den Brande
ATCVercammen
MUSSENHOEVE
VDBtrio
ATC Vercammen
Erwin Vercammen
Jan Van den Brande
2009201020112012201320142015201620172018201920202021202220232024202520262027
PALMYRA BRANDS
Selsaetenstraat 50B, 2160 Wommelgem
Director
Director
Managing director
Auditor
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Selsaetenstraat 50 B, 2160 WommelgemCurrent
CBE
Selsaetenstraat 50B, 2160 Wommelgem
accounts 2022 → 2023
Accounts 2023 · 2024-00606823
Selsaetenstraat 50 bte B, 2160 Wommelgem
accounts 2021
Accounts 2021 · 2022-20271137

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
PALMYRA BRANDSCurrent
accounts 2012 → 2023
Accounts 2023 · 2024-00606823
PALMINVEST
accounts 2010
Accounts 2010 · 2011-59900024

Events

  1. 22/10/2025
    nominationPoeka BV · gedelegeerd bestuurder
  2. 2023
    Annual accounts 2023-49,6 M €↓
  3. 01/01/2023
    reconductionVyvey & Co · commissaris
  4. 2022
    Annual accounts 2022695,3 k €↓
  5. 2021
    Annual accounts 202138,2 M €↑
  6. 2020
    Annual accounts 20204,7 M €↑
  7. 2019
    Annual accounts 2019-13,7 M €↓
  8. 2018
    Annual accounts 2018-7,4 M €↓
  9. 2017
    Annual accounts 2017-4,1 M €↓
  10. 2016
    Annual accounts 2016-1,5 M €↓
  11. 2015
    Annual accounts 201537,8 M €↑
  12. 2014
    Annual accounts 2014289,6 k €↑
  13. 2013
    Annual accounts 2013209,7 k €↓
  14. 2012
    Annual accounts 2012965,5 k €↑
  15. 2012
    Annual accounts 2012-210,4 k €↓
  16. 2012
    Name changePALMYRA BRANDS
  17. 2010
    Annual accounts 201058,3 €
  18. 22/10/2009
    IncorporationPublic limited company