About Palak
Palak is a private limited company (BV/SRL) based in Hasselt, founded in 2004. Its main activity is classified as "Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen". For the 2026 financial year, Palak reported a loss of €8,175. A year earlier, in 2025, it still made a profit of €2,921. Revenue was not published, which is common for abbreviated accounts. The gross margin came to -€4,863. Equity is negative (-€51,260): liabilities exceed assets. In 2007 it was €15,645. 20 annual accounts are available, covering 2007 to 2026.
- Activities
- Signals
-
Negative equityNegative equity € -51K
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -8KThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.23The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -8KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -8KEBITDA is negative: operating activities are loss-making.
Financial ratios
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2026
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2025
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|
2024
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2023
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|---|---|---|---|---|
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€
-5K
|
€
7K
|
€
18K
|
€
-2K
|
|
|
€
-8K
|
€
3K
|
€
4K
|
€
-18K
|
|
|
€
-8K
|
€
3K
|
€
3K
|
€
-22K
|
|
|
€
-51K
|
€
-43K
|
€
-46K
|
€
-49K
|
|
|
-335.24%
|
-312.53%
|
-363.16%
|
-325.51%
|
|
|
€
67K
|
€
57K
|
€
59K
|
€
64K
|
|
|
€
3K
|
€
2K
|
€
2K
|
€
3K
|
Publications 20
All publications- Maatschappelijke Zetel 28/06/2024
- Wijziging Rechtsvorm - Maatschappelijke Zetel - Ontslagen - Benoemingen 20/12/2023
- Maatschappelijke Zetel 22/05/2019
- Ontslagen - Benoemingen 06/12/2016
- Me. - Jaarrekening 31.03.2016, Ggk 31.08.2016, Ngl 29.11.2016 16688-0225-010 05/12/2016
Frequently asked questions
Answers to the most common questions about Palak, based on official government data and the filed annual accounts.
What is the VAT number of Palak?
The VAT number of Palak is BE0865.372.830.
When was Palak established?
Palak was founded in 18-05-2004.
What is the official address of Palak?
The official address of Palak is Sint-Hubertusplein 17 Hasselt 3500.
What is the legal form of Palak?
The juridical form of Palak is Private limited company (BV/SRL).
What is the annual revenue of Palak?
The 2026 accounts of Palak do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Palak a reliable company?
Palak is a registered Rechtspersoon with company number 0865.372.830 and can be verified through the official CBE database.
What is the credit limit of Palak?
The estimated credit limit of Palak is €0.
Is Palak still active?
Palak currently has the status "Normal situation" and is active.