Immo Pan 2
The computed 12-month bankruptcy probability of Immo Pan 2 is 1.3% (low). The 2024 annual accounts show equity of €1.38M and a net result of €-1.82M. Equity is shrinking by ~22.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 95% of 773 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.38M |
| Net result | €-1.82M |
| Better than sector | 95% |
| Active | 5 yrs |
Mixed profile: strong on solvency, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 99.6% | 16.4% | |
| Net result | €-1.82M | €-2k | |
| Equity | €1.38M | €130k | |
| Total assets | €1.38M | €1.72M |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-21k |
| Net profit | €-1.82M |
| Cash flow | €-1.82M |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.38M |
| Equity | €1.38M |
| Debt | €5k |
| of which ≤ 1y | - |
| of which > 1y | - |
| Working capital | - |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | - |
| Quick ratio | - |
| Working capital ratio | - |
| Solvency | 99.6% |
| Debt / equity | 0.00 |
| Long-term debt ratio | - |
| Interest coverage | -69.57 |
| Gross margin | - |
| Net margin | - |
| ROA | -131.2% |
| ROE | -131.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.38M |
| Fixed assets | 21/28 | €806k |
| Formation expenses | 20 | €1k |
| Financial fixed assets | 28 | €806k |
| Current assets | 29/58 | €578k |
| Cash & bank | 54/58 | €578k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.38M |
| Equity | 10/15 | €1.38M |
| Contributions / capital | 10/11 | €3.40M |
| Accumulated profits (losses) | 14 | €-2.02M |
| Amounts payable | 17/49 | €5k |
| Income statement | ||
| Operating result | 9901 | €-22k |
| Financial charges | 65 | €301 |
| Result before taxes | 9903 | €-1.82M |
| Net result for the period | 9904 | €-1.82M |
| Result to be appropriated | 9905 | €-1.82M |
| NACE primary | Real estate rental(68203) |
| Legal form | Public limited company(014) |
| Incorporation | 10-12-2020 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-09-2025 Julien Ganier resigns as director
- Julien Ganier, Bestuurder
Technical details
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}26-08-2024 1 director appointed, 1 resigning
- Valentin Audrit, Bestuurder
- Mohamed Oubial, Bestuurder
Technical details
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}21-08-2024 1 director appointed, 1 reappointed
- Valentin AUDRIT, Gedelegeerd bestuurder
- Didier MATRICHE, Commissaris
Technical details
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"Copie \u00E0 publier aux annexes au Moniteur belge"
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}30-03-2023 Ralph Pany appointed as director
- Ralph Pany, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Immo Pan 2 |