ACTIVE

PALLAS REAL ESTATE

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Financial year 2025 · Closed on 30/06/2025

Net result9,4 k €-46,0 %over 1 year
Gross margin71 k €-12,2 %over 1 year
Equity152,6 k €+6,5 %over 1 year

Identity

Source · BCE/KBO

PALLAS REAL ESTATE is a Private company with limited liability incorporated in 2008. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0897.434.595
Incorporation
22/04/2008
Legal form
Private company with limited liability
Registered office
Rue Belliard 201
1040 Etterbeek · BruxellesSee on map
Contributed capital
20 000,00 €
Latest accounts
30/06/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 17 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin71 k €80,8 k €92,3 k €83,8 k €70,1 k €
EBITDA49,2 k €59,9 k €72,6 k €57,5 k €69,4 k €
Operating result24,7 k €35,2 k €48,3 k €33,2 k €45,1 k €
Net result9,4 k €17,3 k €26,4 k €12,1 k €19,5 k €
Balance sheet
Equity152,6 k €143,2 k €125,9 k €99,5 k €87,4 k €
Total assets566,2 k €603,1 k €596,2 k €643,5 k €642,8 k €
Cash2,1 k €5,2 k €10,6 k €31,4 k €17,3 k €
Debts413,6 k €459,9 k €470,3 k €531,3 k €555,4 k €

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 30/06/2025

1 active · 4 ended

Active mandates

Martin Fitzgerald

Director · since 26 mars 2024

Active

Ended mandates

Michel Systermans

Director · since 01 août 2014

Ended
Michel Systermans

Manager · since 01 août 2014

Ended
Monika Derecque-Pois

Manager · since 14 avril 2008 · until 01 août 2014

Ended
Monika Derecque-Pois

Manager · since 14 avril 2008

Ended

Other companies at this address

Rue Belliard 201 1040 Etterbeek
CompanyCBE no.
Association des copropriétaires de l'immeuble à Bruxelles et Etterbeek, rue Belliard 201● Active
0824.473.670
Dr LIN Jie● Active
0731.566.377
EUROPE-RECHERCHE-INFORMATION-CONSEIL - EUROPE-RESEARCH-INFORMATION-COUNSEL● Active
0433.856.254
EXCELLENT● Active
0440.020.605
IMMOBEL● Active
0421.009.890
MULTIMOD(E) - GEIE● Active
0460.082.381
Wereldbeweging van Christelijke Arbeiders● Active
0408.299.427

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/01/202626/11/202428/11/202331/01/202313/12/202127/01/2021
General meeting17/10/202518/10/202420/10/202321/10/202215/10/202116/10/2020
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, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202517/10/202528/01/2026FrenchPDF
Micro model30/06/202418/10/202426/11/2024FrenchPDF
Micro model30/06/202320/10/202328/11/2023FrenchPDF
Micro model30/06/202221/10/202231/01/2023FrenchPDF
Micro model30/06/202115/10/202113/12/2021FrenchPDF
Micro model30/06/202016/10/202027/01/2021FrenchPDF
Micro model30/06/201918/10/201902/12/2019FrenchPDF
Micro model30/06/201819/10/201830/11/2018FrenchPDF
Abridged model30/06/201730/11/201720/12/2017FrenchPDF
Abridged model30/06/201630/11/201622/12/2016FrenchPDF
Abridged model30/06/201530/11/201523/12/2015FrenchPDF
Abridged model30/06/201417/10/201413/01/2015FrenchPDF
Abridged model30/06/201318/10/201313/12/2013FrenchPDF
Abridged model30/06/201219/10/201222/11/2012FrenchPDF
Abridged model30/06/201121/10/201109/02/2012FrenchPDF
Abridged model30/06/201015/10/201025/10/2010FrenchPDF
Abridged model30/06/200916/10/200927/11/2009FrenchPDF

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 30/06/2025

1 active · 4 ended

Active mandates

Martin Fitzgerald

Director · since 26 mars 2024

Active

Ended mandates

Michel Systermans

Director · since 01 août 2014

Ended
Michel Systermans

Manager · since 01 août 2014

Ended
Monika Derecque-Pois

Manager · since 14 avril 2008 · until 01 août 2014

Ended
Monika Derecque-Pois

Manager · since 14 avril 2008

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office24/08/2020
    SIEGE SOCIAL - MODIFICATION FORME JURIDIQUE
    PDF
  • Registered office25/02/2016
    SIEGE SOCIAL
    PDF
  • Registered office08/06/2015
    SIEGE SOCIAL
    PDF
  • Mandates18/07/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Other26/05/2014
    OBJET - ASSEMBLEE GENERALE
    PDF
  • Other30/04/2008
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 20259,4 k €↓
  2. 2024
    Annual accounts 202417,3 k €↓
  3. 2023
    Annual accounts 202326,4 k €↑
  4. 2022
    Annual accounts 202212,1 k €↓
  5. 2021
    Annual accounts 202119,5 k €↑
  6. 2020
    Annual accounts 202018,2 k €↑
  7. 2019
    Annual accounts 201917 k €↓
  8. 2018
    Annual accounts 201819 k €↑
  9. 2017
    Annual accounts 201711,9 k €↑
  10. 2016
    Annual accounts 20168,5 k €↓
  11. 2015
    Annual accounts 201510,8 k €↑
  12. 2014
    Annual accounts 20142,5 k €↓
  13. 2013
    Annual accounts 20133,1 k €↑
  14. 2012
    Annual accounts 2012-18,8 k €↓
  15. 2011
    Annual accounts 2011-1,1 k €↑
  16. 2010
    Annual accounts 2010-5,2 k €↑
  17. 2009
    Annual accounts 2009-18 k €
  18. 22/04/2008
    IncorporationPrivate company with limited liability