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Panabo

Active
Private limited companyfounded 20206 years activeKerkstraat 52, 3960 Bree, BelgiumKBO/BCE: BE 0743.966.145
Summary

Panabo has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €587,199 and a net result of €158,955. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 171 sector peers (NACE 68, fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Property management for co-owned buildings (syndics)
NACE 68321
1 site
Size
€1.5mtotal assets 2026
Equity
€587,199
Profit
€158,955
Turnover not published (abridged schema)
Financial health
93 Excellent Checked score 2026
Bankruptcy probability, 12 months
0.1%
Structure
Holdings
1
Accounts 135 days early0 of 3 deeds read
Why 93- Liquidity: current ratio 0.59, cash €40,941+ Size: total assets €1.5m+ Sector Real estate activities (NACE 68)+ Figures for FY 2026 (filed 18-06-2026)Show the evidence

Checked score

Score 2026
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 68, micro)
Financial strength · tick = 2025
Strong
Solvency 65-6
equity 39.9% of total assets
Liquidity 45-6
short-term debt 23.7% · cash 2.8%
Profitability 82-11
return on assets 10.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (26,530 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025highest value 06-2025: 0.1%▼ -0.2 percentage points vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.1%▼ -0.1 percentage points vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €50,000 at 30 days acceptable
Liquidity short (current ratio 0.59 against 1.05 in 2025; short-term debt: 23.7% and cash: 2.8% of total assets), and 60.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 57% on solvency, 39% on liquidity, 79% on profitability and 25% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1.5m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
KBO
lowers risk · Figures for FY 2026 (filed 18-06-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.59, cash €40,941
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 18-06-2026, 135 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2026
135 days early
2025
58 days early
2024
56 days early
2023
36 days early
2021
3 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 56 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 4 September (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · abbreviated…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Among the best 16% on net resultsector median €9,644 · 170 companies €158,955 View
  • Caution: Result fell in 2026from €290,314 to €158,955 ▼ 45.2% View
  • Positive: 5 profitable years in a rowprofit 2026: €158,955 5 years View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2026
Total assets
€1.5m
Profit
€158,955
Solvency
39.9%
Total assets▼ 1.4%
Net result
20212026
Go to Financials

Timeline

Events
9
Since
2022
Next accounts
by 31-10-2027
  1. 31-03-2024Weakest financial year
  2. 25-09-2023Annual accounts filed
  3. 31-03-2023Highest result since 2021
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Property management for co-owned buildings (syndics)NACE 68321
Founded
21-02-2020
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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