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PAN MEDIA GROUP

Active
Private limited companyfounded 2008active for 18 yearsLouizalaan 347, 1050 Elsene, BelgiumKBO/BCE: BE 0898.111.320
Summary

PAN MEDIA GROUP has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€208,689) and a net result of -€12,955. Equity has been shrinking by about 26% per year since 2018. Its solvency ranks better than 5% of 823 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 16-05-2008 Normal situation
Registered office
30 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Book publishing NACE 58110and 1 other
Establishment unit
2.203.527.224 1050 Elsene, since 06-09-2010
Financial year end
31 December
Peppol
Reachable since 15-12-2025

Board and ownership

Board
  • BOGAERTS John-AlexanderDirector · since 22-06-2021
Shareholders
  • YIMA2023 annual accounts of YIMA
  • FORESITE· score 952025 annual accounts of FORESITE
  • BERCOM INTERNATIONAL· score 542024 annual accounts of BERCOM INTERNATIONAL

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
-€3,568
▲ 87.8%
Loss
€12,955
▼ 67.4%
Equity
-€208,689
▼ 6.6%
Total assets
€9,285
▼ 52.5%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 25 days after the deadline
Turnover not published (micro format)
Filed on 25-08-2026
Score breakdownraises riskCapped at 59: negative equityNegative equity -€208,689Loss of €12,955, the second in a row (financial year 2025)lowers riskSize: total assets €9,285Sector: Publishing activities (NACE 58)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 17% of micro companies in publishing (NACE 58)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -2247.6% of total assets
Liquidity 30+3
short-term debt 2347.6% · cash 23.8%
Profitability 0=
return on assets -139.5%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,282 companies, NACE 58, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.5%▼ -0.3 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.04 (0.06 in 2024), below 1. Cash is 23.8% of total assets. Equity is negative.
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 (NACE 58, micro). It does better than 8% of them on solvency, 18% on liquidity, 8% on profitability and 35% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €9,285
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€208,689
NBB · annual accounts
raises risk · Loss of €12,955, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Publishing activities (NACE 58)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€208,689
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
on the day
2023
19 days late
2022
10 days late
2021
5 days late
2020
22 days early
2019
92 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed 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 10 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€208,689 View
  • Risk: 5 loss-making years in a rowloss in financial year 2025 -€12,955 View
  • Caution: Lower solvency than 95% of companies in publishingsector median 49.6% · 823 companies -2247.6% View

Recent changes

  1. · Gazette deed Resignation: Charles Albert Bogaerts (director)
  2. · Gazette deed Resignation: Charles Albert Bogaerts (director)
  3. · Gazette deed Registered office moved within Bruxelles
All 16 events

Comparable companies

These companies have the same main activity as PAN MEDIA GROUP: book publishing (NACE 58110). They are comparable in size and age: total assets between €7,300 and €13,500, founded between 2003 and 2011.

CompanyTotal assetsGross margin
PAN MEDIA GROUP Elsene€9,285-€3,568
LES EDITIONS DU NORD Oostende€10,165€333
BRAND NEW START Vorst€13,533-€2,101
NOW FUTURE Liège€9,269-€150
EDITIONS HOVINE Tournai€11,161€1,057
BISTRONOMIE Kalmthout€7,303-€13,525
X FRIENDS Waterloo€8,681-€428
Full comparison

Key facts about PAN MEDIA GROUP

What is the company number of PAN MEDIA GROUP?
The company number of PAN MEDIA GROUP is 0898.111.320. The VAT number is the same number with BE in front: BE 0898.111.320.
Where is PAN MEDIA GROUP based?
The registered office is at Louizalaan 347, 1050 Elsene.Company details
What does PAN MEDIA GROUP do?
According to the KBO register, the main activity is book publishing (NACE 58110).
What is the legal form of PAN MEDIA GROUP?
The legal form of PAN MEDIA GROUP is Private limited company (BV).
When was PAN MEDIA GROUP founded?
PAN MEDIA GROUP was founded on 16-05-2008.
Is PAN MEDIA GROUP still active?
Yes, PAN MEDIA GROUP is an active enterprise in the KBO register.
What is the turnover of PAN MEDIA GROUP?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is PAN MEDIA GROUP profitable?
In financial year 2025, PAN MEDIA GROUP made a loss of €12,955.
Where can I find the annual accounts of PAN MEDIA GROUP?
PAN MEDIA GROUP filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PAN MEDIA GROUP due?
PAN MEDIA GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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