ACTIVE

IMMO PALLEN

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Financial year 2025 · closed on 31/12/2025

Net result

500,7 k €

-7.8% YoY

Gross margin

1,1 M €

+0.8% YoY

Equity

3,9 M €

+4.7% YoY

Workforce

8,9 ETP

-2.2% YoY

What does IMMO PALLEN do?

IMMO PALLEN is a Private limited company incorporated in 2003. Its main activity is: Real estate agencies. Its registered office is in Knokke-Heist. It employs on average 8,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.436.502

Incorporation

29/12/2003

Legal form

Private limited company

Registered office

Duinenwater 2
8300 Knokke-Heist · FlandreSee on map

Contributed capital

523 200,00 €

Latest accounts

31/12/2025

Average workforce

8,9 ETP

Activities (NACE)

68310Real estate agencies· main 68311Real estate agencies 70311Activities of head offices; management consultancy activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,1 M €	+0.8%	1,1 M €	+8.5%	992,5 k €	+1.3%	979,5 k €	+11.5%	878,8 k €	+19.0%	738,2 k €	+67.2%	441,5 k €	+17.4%	375,9 k €	+12.9%	333 k €	+7.5%	309,9 k €	+14.5%	270,6 k €	-1.6%	275,1 k €	+0.5%	273,9 k €	+4.6%	261,9 k €	+8.0%	242,6 k €	+7.6%	225,5 k €	+14.9%	196,3 k €	-62.1%	518,3 k €	+239%	153 k €	-3.6%	158,8 k €
EBITDA	539,6 k €	-10.7%	604,4 k €	-3.6%	627,1 k €	-10.2%	698,6 k €	+33.8%	522,1 k €	+10.4%	472,7 k €	+75.7%	269,1 k €	+57.3%	171,1 k €	+29.2%	132,5 k €	-9.0%	145,6 k €	-5.2%	153,6 k €	-9.4%	169,5 k €	+5.4%	160,9 k €	+37.4%	117,1 k €	+29.2%	90,7 k €	+53.2%	59,2 k €	-10.9%	66,5 k €	-83.2%	395,5 k €	+9953%	3,9 k €	-90.3%	40,7 k €
Operating result	529 k €	-10.3%	590 k €	-4.5%	617,7 k €	-11.1%	695 k €	+34.2%	517,8 k €	+10.4%	469,1 k €	+76.1%	266,3 k €	+58.1%	168,5 k €	+31.2%	128,4 k €	-5.5%	135,8 k €	-5.4%	143,5 k €	-10.3%	160 k €	+5.3%	151,9 k €	+38.0%	110,1 k €	+22.5%	89,9 k €	+54.8%	58 k €	-4.6%	60,8 k €	-84.4%	389,9 k €	+23125%	-1,7 k €	-105%	35,9 k €
Net result	500,7 k €	-7.8%	542,8 k €	-1.4%	550,8 k €	-3.0%	568 k €	+42.1%	399,7 k €	+22.0%	327,6 k €	+87.4%	174,8 k €	+59.1%	109,9 k €	+31.2%	83,8 k €	+15.9%	72,3 k €	-27.2%	99,4 k €	-11.2%	111,9 k €	+7.7%	103,9 k €	+37.0%	75,8 k €	+27.2%	59,6 k €	+46.2%	40,8 k €	-25.9%	55 k €	-78.7%	258,7 k €	+1383%	17,4 k €	-37.5%	27,9 k €
Balance sheet
Equity	3,9 M €	+4.7%	3,7 M €	+8.5%	3,4 M €	+4.1%	3,3 M €	+14.5%	2,8 M €	+16.3%	2,4 M €	+131%	1,1 M €	+19.8%	884,8 k €	+14.2%	774,9 k €	+12.1%	691,1 k €	+11.7%	618,8 k €	+19.1%	519,4 k €	+27.5%	407,5 k €	+25.1%	325,7 k €	+30.3%	249,9 k €	+31.3%	190,3 k €	+27.3%	149,5 k €	-54.6%	329,5 k €	+365%	70,8 k €	-72.0%	253,4 k €
Total assets	4,7 M €	+12.5%	4,2 M €	+12.5%	3,7 M €	+8.8%	3,4 M €	+16.0%	3 M €	+13.2%	2,6 M €	+128%	1,2 M €	+14.6%	1 M €	+3.6%	969,2 k €	+6.9%	907 k €	+11.9%	810,8 k €	+14.9%	705,6 k €	+21.0%	583 k €	+24.9%	466,7 k €	+26.5%	369 k €	+10.4%	334,2 k €	+24.8%	267,8 k €	-37.6%	429,1 k €	+52.3%	281,8 k €	-38.3%	456,7 k €
Cash	35,3 k €	-80.7%	182,8 k €	-69.0%	590,1 k €	-12.6%	675,1 k €	-27.1%	926,7 k €	+20.0%	772 k €	+34.1%	575,5 k €	+255%	162 k €	+138%	68,2 k €	-72.7%	249,2 k €	+148%	100,6 k €	-66.7%	302,1 k €	+93.0%	156,5 k €	+117%	72 k €	+54.4%	46,7 k €	-37.2%	74,3 k €	-24.9%	98,9 k €	-3.9%	102,9 k €	-59.7%	255,6 k €	+1297%	18,3 k €
Debts	854,4 k €	+70.1%	502,4 k €	+56.0%	322 k €	+110%	153,2 k €	+67.2%	91,6 k €	-36.7%	144,8 k €	+129%	63,1 k €	-30.7%	91,1 k €	-45.2%	166,2 k €	-11.5%	187,8 k €	+14.6%	163,8 k €	+3.6%	158,1 k €	+7.3%	147,3 k €	+33.1%	110,7 k €	+23.6%	89,5 k €	-21.9%	114,7 k €	+61.2%	71,2 k €	+94.1%	36,7 k €	-80.2%	185,1 k €	+18.4%	156,3 k €
Other
Workforce	8,9 ETP	-2.2%	9,1 ETP	+42.2%	6,4 ETP	0.0%	6,4 ETP	-21.0%	8,1 ETP	+15.7%	7,0 ETP	+52.2%	4,6 ETP	+9.5%	4,2 ETP	+5.0%	4,0 ETP	+8.1%	3,7 ETP	+60.9%	2,3 ETP	+15.0%	2,0 ETP	-4.8%	2,1 ETP	0.0%	2,1 ETP	-8.7%	2,3 ETP	-23.3%	3,0 ETP	+20.0%	2,5 ETP	-10.7%	2,8 ETP	-20.0%	3,5 ETP	+34.6%	2,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

AGENTSCHAP PALLEN

Director · since 01 janvier 2022 · 0415.860.081

Represented by Charles Van Hoorebeke

Active

Sofie Rocher

Director · since 01 janvier 2020

Active

Ended mandates

AGENTSCHAP PALLEN

Director · since 01 janvier 2020 · 0415.860.081

Represented by Bernard Van Hoorebeke

Ended

Charles Van Hoorebeke

Director · since 01 janvier 2020 · until 01 janvier 2022

Ended

Charles Van Hoorebeke

Director · since 01 janvier 2020

Ended

AGENTSCHAP PALLEN

Manager · 0415.860.081

Represented by BERNARD VAN HOOREBEKE

Ended

At this address

Other companies at this address

Company	CBE no.
AGENTSCHAP PALLEN● Active	0415.860.081
Arcade 17 A● Active	1040.280.458
BIRDIE HOLDING● Active	1037.832.692
BIRDIE SALES● Active	1037.832.001
CVH● Active	0742.737.611
Dorpstraat 24● Active	0792.188.805
EQUINOXE CONSTRUCT● Active	1019.578.777
EQUINOXE LAND● Active	1019.578.678
KNOKKE GOLF RESORT● Active	1037.144.685
KNOKKE GOLF RESORT BOUW● Active	1037.696.496
KNOKKE GOLF RESORT STUURGROEP● Active	1039.458.037
KNOKKE PARTNERS● Active	1037.455.283
LIDO BUILD● Active	0681.714.515
Maatschap Populieren 7● Active	1031.113.562
PALLEN CONSTRUCT● Active	0794.172.751
Pallen Properties● Active	0443.108.173
Res. Cortile● Active	1014.953.362
Speleman● Active	1038.357.878
VILLA 403● Active	1023.876.669
Villa 420● Active	1029.443.974

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	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	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2026	25/07/2025	26/08/2024	20/07/2023	14/07/2022	24/06/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	22/06/2023	01/06/2022	02/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	23/07/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	26/08/2024	Dutch	PDF
Abridged model	31/12/2022	22/06/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	14/07/2022	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	24/06/2021	Dutch	PDF
Abridged model	31/12/2019	20/03/2020	07/05/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	20/07/2018	Dutch	PDF
Abridged model	31/12/2016	01/07/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	10/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	25/08/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	24/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

AGENTSCHAP PALLEN

Director · since 01 janvier 2022 · 0415.860.081

Represented by Charles Van Hoorebeke

Active

Sofie Rocher

Director · since 01 janvier 2020

Active

Ended mandates

AGENTSCHAP PALLEN

Director · since 01 janvier 2020 · 0415.860.081

Represented by Bernard Van Hoorebeke

Ended

Charles Van Hoorebeke

Director · since 01 janvier 2020 · until 01 janvier 2022

Ended

Charles Van Hoorebeke

Director · since 01 janvier 2020

Ended

AGENTSCHAP PALLEN

Manager · 0415.860.081

Represented by BERNARD VAN HOOREBEKE

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office10/03/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring29/07/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring15/05/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates28/02/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Capital / shares05/02/2014
KAPITAAL - AANDELEN
PDF
Other06/01/2006
DIVERSEN
PDF
Other09/01/2004
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 2025500,7 k €↓
2024
Annual accounts 2024542,8 k €↓
2023
Annual accounts 2023550,8 k €↓
2022
Annual accounts 2022568 k €↑
2021
Annual accounts 2021399,7 k €↑
2020
Annual accounts 2020327,6 k €↑
2019
Annual accounts 2019174,8 k €↑
2018
Annual accounts 2018109,9 k €↑
2017
Annual accounts 201783,8 k €↑
2016
Annual accounts 201672,3 k €↓
2015
Annual accounts 201599,4 k €↓
2014
Annual accounts 2014111,9 k €↑
2013
Annual accounts 2013103,9 k €↑
2012
Annual accounts 201275,8 k €↑
2011
Annual accounts 201159,6 k €↑
2010
Annual accounts 201040,8 k €↓
2009
Annual accounts 200955 k €↓
2008
Annual accounts 2008258,7 k €↑
2007
Annual accounts 200717,4 k €↓
2006
Annual accounts 200627,9 k €
29/12/2003
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IMMO PALLEN

Overview

What does IMMO PALLEN do?

Trend over 20 financial years

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