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Panacee

Active
Private limited companyfounded 20242 yrs activeTweesteenwegenstraat 38, 1160 Oudergem, BelgiumKBO/BCE: BE 1012.591.908
Summary

The computed 12-month bankruptcy probability of Panacee is 5.6% (elevated). The 2024 annual accounts show equity of €60,824 and a net result of €58,824. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare
PanaceeActiveChecked score 59/100
Risk analysis Report Compare

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity ample (current ratio 5.13; short-term debt: 19.5% and cash: 65% of total assets), and 19.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 25-06-2025, 5 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
5 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts 5 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 August 2024, Panacee was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€60,824
Total assets
€75,538
Net result
€58,824
Working capital
€60,824

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €75,538
Equity €60,824
Debt €14,714
Debt finances 19.5% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
5.13
Debt to equity
0.24
ROE
96.7%
ROA
77.9%
Debt ≤ 1 year
€14,714
Income taxes
€14,714
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 25 lines
Balance sheet Code2024
Assets
Total assets20/58€75,538
Current assets29/58€75,538
Amounts receivable within one year40/41€18,285
Trade receivables40€1,090
Other amounts receivable41€17,195
Cash at bank and in hand54/58€49,115
Deferred charges and accrued income490/1€8,138
Equity and liabilities
Total equity and liabilities10/49€75,538
Equity10/15€60,824
Contributions10/11€2,000
Reserves13€58,824
Distributable reserves133€58,824
Amounts payable17/49€14,714
Amounts payable within one year42/48€14,714
Taxes, remuneration and social security45€14,714
Taxes450/3€14,714
Income statement Code2024
Gross operating margin9900€73,538
Operating profit (loss)9901€73,538
Profit (loss) for the period before taxes9903€73,538
Income taxes67/77€14,714
Profit (loss) for the period9904€58,824
Profit (loss) for the period to be appropriated9905€58,824
Appropriation of the result
Profit (loss) to be appropriated9906€58,824
Transfer to equity691/2€58,824
To other reserves6921€58,824

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Gross operating margin9900€73,538
Operating profit (loss)9901€73,538
Profit (loss) for the period before taxes9903€73,538
Income taxes67/77€14,714
Profit (loss) for the period9904€58,824
Profit (loss) for the period to be appropriated9905€58,824
Line2024
Assets
Total assets20/58€75,538
Current assets29/58€75,538
Amounts receivable within one year40/41€18,285
Trade receivables40€1,090
Other amounts receivable41€17,195
Cash at bank and in hand54/58€49,115
Deferred charges and accrued income490/1€8,138
Equity and liabilities
Total equity and liabilities10/49€75,538
Equity10/15€60,824
Contributions10/11€2,000
Reserves13€58,824
Distributable reserves133€58,824
Amounts payable17/49€14,714
Amounts payable within one year42/48€14,714
Taxes, remuneration and social security45€14,714
Taxes450/3€14,714
Line2024
Profit (loss) for the period9904€58,824
Operating cash flow (approximation)€58,824

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
130 m²
Building footprint
72 m²
Volume, LiDAR
495 m³
Parcel 21332B0060/00E019, Brussels · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Panacee
Tweesteenwegenstraat 38, 1160 OudergemHuman health activities
since 20242.362.940.586
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21332B0060/00E019 Brussels 129 m² 1 · 72 m² 10.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded20-08-2024
Fiscal year end30-11

Scores and ratios are computed by Checked and are not a credit decision.

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