Equity
-€229,271
Debts exceed assets in financial year 2025.
PANTA RHEI INVESTMENT
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000Gross marginpeak €103,075 (2019)
-€7,566▼ €44,074
Resultlowest -€314,833 (2023)
-€8,658▼ €37,264
Equitypeak €184,278 (2021)
-€229,271▼ €8,658
Debts
€564,939▼ 0.7%
Staffpeak 1 FTE (2012)
-not published
Board2 names since 2021
1 directorKOELEGA Maaike Joanna
Owners
Documentsfilings and deeds
01-04-2026121 days before the deadline
2025micro format
Gross margin from €36,508 to -€7,566Loss of €8,658Resignation: ELCHANAN Roy (director) 21-05Cash from €13,108 to €668
Key points
from the 2025 annual accountsDebts
€564,939 168% of the balance sheet
Filings
26 annual accounts since 2000
Seven of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 16% of micro companies without a NACE code
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.5%▲ +0.1 percentage points vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.6%▲ +0.1 percentage points vs 02-2025highest value
04-2025: 1.5%▼ -0.1 percentage points vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 0.3%▼ -1.2 percentage points vs 05-2025lowest value
07-2025: 0.3%● unchanged vs 06-2025lowest value
08-2025: 0.3%● unchanged vs 07-2025lowest value
09-2025: 0.3%● unchanged vs 08-2025lowest value
10-2025: 0.3%● unchanged vs 09-2025lowest value
11-2025: 0.3%● unchanged vs 10-2025lowest value
12-2025: 0.3%● unchanged vs 11-2025lowest value
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.9%▲ +0.6 percentage points vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€229,271
Liquidity: cash €668, halved
Loss of €8,658 (financial year 2025)
lowers risk
Size: total assets €335,668
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 5% of them on solvency, 4% on liquidity, 22% on profitability and 33% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,796 companies had the same profile as PANTA RHEI INVESTMENT has now. Each dot stands for 7 companies, two years later.
90.4%
were still trading
6.0%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PANTA RHEI INVESTMENT itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,796 companies, not a prediction for PANTA RHEI INVESTMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Cash is 0.2% of total assets. Equity is negative.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€229,271
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-04-2026, 121 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
121 days early
2024
85 days early
2023
13 days late
2022
17 days late
2021
31 days late
2020
31 days late
2019
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 13 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 August (4 of the last 5 accounts filed within 99 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: ELCHANAN Roy (director)
Appointment: KOELEGA Maaike Joanna (director) · Gazette deed
Capital increase of €300,000
Reappointment: Elchanan, Roy (director) · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Antwerpen
Environmental permit granted
Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen · Schoten
Official details
Source: KBO- Status
- Active since 29-07-1999Normal situation
- Activity
- “Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer en in…” (deed in Dutch)From the articles, 7 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.283.637.0492900 Schoten, since 05-12-2018
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- Total assets
- €335,668▼ 3.6%
- Filing
- Filed on 01-04-2026, 121 days before the end of the filing period
Insights on PANTA RHEI INVESTMENT
PANTA RHEI INVESTMENT files the micro format. That format states no turnover. The gross margin fell from €612 in 2006 to -€7,566 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PANTA RHEI INVESTMENT
- What is the company number of PANTA RHEI INVESTMENT?
- The company number of PANTA RHEI INVESTMENT is 0466.656.805. The VAT number is the same number with BE in front: BE 0466.656.805.
- Where is PANTA RHEI INVESTMENT based?
- The registered office is at Meeuwenlei 2, 2900 Schoten.Company details
- What is the legal form of PANTA RHEI INVESTMENT?
- PANTA RHEI INVESTMENT is a private limited company (pre-2019) (BVBA).
- When was PANTA RHEI INVESTMENT founded?
- PANTA RHEI INVESTMENT was founded on 29-07-1999.
- Is PANTA RHEI INVESTMENT still active?
- Yes, PANTA RHEI INVESTMENT is an active enterprise in the KBO register.
- What is the turnover of PANTA RHEI INVESTMENT?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is PANTA RHEI INVESTMENT profitable?
- In financial year 2025, PANTA RHEI INVESTMENT made a loss of €8,658.
- Where can I find the annual accounts of PANTA RHEI INVESTMENT?
- PANTA RHEI INVESTMENT filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PANTA RHEI INVESTMENT due?
- PANTA RHEI INVESTMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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