Full dossier in preparation
Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Process with priority
Sign in free to move this company to the front.
Age3 yrs
Real estate1 parcel · 594 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Pan is 0.5% (low). The 2024 annual accounts show equity of €170k and a net result of €150k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-10-2025, 16 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-03. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2025, that is 31-10-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-03-2025 | 31-10-2025 | 15-10-2025 | 16 d early | 2025-00544057 |
| 31-03-2024 | 31-10-2024 | 26-09-2024 | 35 d early | 2024-00475770 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.5%
Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Young company
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€150k
Working capital€132k
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 15-10-2025 with the NBB · fiscal year 2025 · volledig
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €199k |
| Net profit | €150k |
| Cash flow | €155k |
| Staff costs | - |
| Income taxes | €44k |
| Dividends | - |
| Total assets | €253k |
| Equity | €170k |
| Debt | €82k |
| of which ≤ 1y | €81k |
| of which > 1y | - |
| Working capital | €132k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 2.63 |
| Quick ratio | 2.63 |
| Working capital ratio | 52.2% |
| Solvency | 67.4% |
| Debt / equity | 0.48 |
| Long-term debt ratio | - |
| Interest coverage | 4276.10 |
| Gross margin | - |
| Net margin | - |
| ROA | 59.5% |
| ROE | 88.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €253k |
| Fixed assets | 21/28 | €40k |
| Tangible fixed assets | 22/27 | €40k |
| Current assets | 29/58 | €213k |
| Amounts receivable within one year | 40/41 | €120k |
| Cash & bank | 54/58 | €90k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €253k |
| Equity | 10/15 | €170k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €150k |
| Amounts payable | 17/49 | €82k |
| Amounts payable within one year | 42/48 | €81k |
| Trade debts payable within one year | 44 | €374 |
| Income statement | ||
| Gross operating margin | 9900 | €199k |
| Operating result | 9901 | €194k |
| Financial charges | 65 | €47 |
| Result before taxes | 9903 | €194k |
| Income taxes | 67/77 | €44k |
| Net result for the period | 9904 | €150k |
| Result to be appropriated | 9905 | €150k |
Ratios computed by Checked.
Health barometer
FY 2024 · computed93
/ 100
Excellent
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationPan
since 20232.344.019.648
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area594 m²
Buildings1
Building footprint193 m²
Volume (LiDAR)1,111 m³
Tallest building9.1 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352A0266/00W004 | Flanders | 594 m² | 1 · 193 m² | 9.1 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts Capital history · 1
22-08-2025
Capital change
All acts · 1
updated 11 months ago
2025
22-08-2025 Capital increase of €8,620,733
Notary:
Christophe KINT · StadenFirm:
KINT-MAERTENS-VANDERMEERSCH, geassocieerd notarissen
Analysis
Snowflake analysis
financial profile on 5 axes93
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
93
Profitability
100
Solvency
100
Growth
-
Stability
79
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorBE 0766.479.449 · Roeselare
BE 0798.315.443 · Vosselaar
BE 0792.421.506 · Menen
BE 0799.724.814 · Heist-op-den-Berg
BE 0798.391.162 · Bornem
We hold annual accounts for 15,318 of the 81,985 companies in this sector. 11,936 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Holdings64200Activiteiten van holdings64210Vermogensbeheer66300Vermogensbeheer66300Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100Adviesbureaus op het gebied van public relations en communicatie70210Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300
Primary activity highlighted.
Names & trade names
| Legal nameNL | Pan |
Registered office
Pieter Pauwel Rubensplein(Kor) 2A
8500 Kortrijk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.