Pan (0800.324.036): financials and annual accounts

Pan

Kortrijk ·KBO/BCE: BE 0800.324.036

Line	2026	2025	2024
Balance sheet: assets
Total assets`20/58`	20.1m	20.4m	252,568
Fixed assets`21/28`	19.2m	19.2m	39,858
Tangible fixed assets`22/27`	22,604	31,231	39,858
Furniture and vehicles`24`	22,604	31,231	39,858
Financial fixed assets`28`	19.2m	19.2m	-
Affiliated companies`280/1`	-	19.2m	-
Participating interests`280`	-	19.2m	-
Current assets`29/58`	882,225	1.2m	212,710
Amounts receivable within one year`40/41`	2,531	891,149	120,397
Trade receivables`40`	-	-	397
Other amounts receivable`41`	2,531	891,149	120,000
Cash at bank and in hand`54/58`	877,378	330,750	90,107
Deferred charges and accrued income`490/1`	2,315	2,247	2,206
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	20.1m	20.4m	252,568
Equity`10/15`	12.3m	11.6m	170,249
Contributions`10/11`	8.6m	8.6m	20,000
Reserves`13`	3.5m	2.8m	-
Distributable reserves`133`	3.5m	2.8m	-
Profit (loss) carried forward`14`	161,508	159,756	150,249
Amounts payable`17/49`	7.8m	8.9m	82,319
Amounts payable after more than one year`17`	5.0m	-	-
Financial debts`170/4`	5.0m	-	-
Amounts payable within one year`42/48`	2.8m	8.9m	80,776
Current portion of amounts payable after more than one year`42`	668,571	-	-
Trade debts`44`	514	861	374
Suppliers`440/4`	514	861	374
Taxes, remuneration and social security`45`	132,566	308,324	80,151
Taxes`450/3`	129,580	305,337	77,164
Remuneration and social security`454/9`	2,986	2,987	2,987
Other amounts payable`47/48`	2.0m	8.6m	251
Accrued charges and deferred income`492/3`	2,300	3,588	1,543
Income statement
Operating income`70/76A`	-	179,875	-
Turnover`70`	-	177,500	-
Other operating income`74`	-	2,375	-
Gross operating margin`9900`	175,422	-	199,005
Operating charges`60/66A`	-	87,729	-
Services and other goods`61`	-	78,725	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	8,627	8,627	4,543
Other operating charges`640/8`	421	378	166
Operating profit (loss)`9901`	166,375	92,145	194,296
Financial income`75/76B`	863,543	3.0m	-
Recurring financial income`75`	863,543	3.0m	-
Income from financial fixed assets`750`	-	3.0m	-
Financial charges`65/66B`	269,670	759	47
Recurring financial charges`65`	269,670	759	47
Other financial charges`652/9`	-	759	-
Profit (loss) for the period before taxes`9903`	760,248	3.1m	194,249
Income taxes`67/77`	68,495	296,339	44,000
Taxes`670/3`	-	296,400	-
Tax adjustments and reversals of tax provisions`77`	-	61	-
Profit (loss) for the period`9904`	691,752	2.8m	150,249
Profit (loss) for the period to be appropriated`9905`	691,752	2.8m	150,249
Appropriation of the result
Profit (loss) to be appropriated`9906`	851,508	2.9m	150,249
Profit (loss) brought forward from the previous period`14P`	159,756	150,249	-
Transfer to equity`691/2`	690,000	2.8m	-
To other reserves`6921`	690,000	2.8m	-
Document	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-03-2026	abbreviated format	16-10-2026	2026-00563825	PDF
31-03-2025	full format	15-10-2025	2025-00544057	PDF
31-03-2024	micro format	26-09-2024	2024-00475770	PDF

Line	2026	2025	2024
Investment in fixed assets (approximation)	0	19.2m	43,134
Change in cash	546,628	240,643	-
EBIT margin	-	51.9%	-
Solvency	61.0%	56.5%	67.4%
ROE	5.6%	24.0%	88.3%
ROA	3.4%	13.5%	59.5%

Item	31-03-2026	31-03-2025	31-03-2024
Tangible fixed assets	-	-	€43,134
Financial fixed assets	-	€19.2m	-
Depreciation and write-downs of the year	€8,627	€8,627	€4,543

Pan

Annual accounts 2026

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency61.0%

Return on assets3.4%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on Pan

Next steps