PANAMERAGTS
ActivePANAMERAGTS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-2k) and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 3539 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
12
/ 100
Critical▼ -15 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency42▲+21
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 1.08 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-3.2%
Return on assets
-18.5%
Age of the figures
20 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€2k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
61 d late
2022
32 d late
2021
31 d late
2020
31 d late
2019
23 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-2k
2023 · €10k
2018: €-93
2019: €4k
2020: €14k
2021: €22k
2022: €20k
2023: €10k
2018 → 2024
Total assets
€66k▼ 16.6%
2023 · €79k
2018: €69k
2019: €69k
2020: €34k
2021: €55k
2022: €86k
2023: €79k
2018 → 2024
Net result
€-12k▼ 27.4%
2023 · €-10k
2018: €-10k
2019: €4k
2020: €262
2021: €8k
2022: €-2k
2023: €-10k
2018 → 2024
Working capital
€-7k
2023 · €5k
2018: €-26k
2019: €-23k
2020: €5k
2021: €15k
2022: €14k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€14k-€22k▲ 55.4%€20k▼ 8.6%€10k▼ 48.6%€-2k
Operating result€3k-€9k▲ 186%€-30€-7k▼ 21,983%€-10k▼ 56.0%
Net result€262-€8k▲ 2,851%€-2k€-10k▼ 419%€-12k▼ 27.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2024 against €7k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €65k
Fixed assets
€4k▼ 11.8%
Current assets
€61k▼ 18.2%
Key figures and ratios
EBITDA
€-9k▼
2023 · €-6k
Cash flow
€-11k▼
2023 · €-9k
Solvency
-3.2%▼
2023 · 12.8%
Current ratio
0.89▼
2023 · 1.08
Quick ratio
0.89▼
2023 · 1.06
Debt / equity
-32.42▼
2023 · 6.81
ROE
582.4%▲
2023 · -94.7%
ROA
-18.5%▼
2023 · -12.1%
Interest coverage
-4.61▼
2023 · -1.86
Debt
€68k▼
2023 · €69k
Debt ≤ 1 year
€68k▼
2023 · €69k
Staff costs
€5k▼
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€79k€66k▼
Formation expenses20-€1k
Fixed assets21/28€5k€4k▼
Intangible fixed assets21€1k€667▼
Tangible fixed assets22/27€73-
Plant, machinery and equipment23€73-
Furniture and vehicles24€0-
Other tangible fixed assets26€0-
Financial fixed assets28€4k€4k=
Current assets29/58€75k€61k▼
Stocks and contracts in progress3€2k-
Stocks30/36€2k-
Amounts receivable within one year40/41€68k€58k▼
Trade receivables40€12k€15k▲
Other amounts receivable41€56k€42k▼
Cash at bank and in hand54/58€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€79k€66k▼
Equity10/15€10k€-2k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-8k€-21k▼
Amounts payable17/49€69k€68k▼
Amounts payable within one year42/48€69k€68k▼
Financial debts43-€4
Credit institutions430/8-€4
Trade debts44€40k€56k▲
Suppliers440/4€40k€56k▲
Advances received on contracts in progress46€60€3k▲
Taxes, remuneration and social security45€30k€9k▼
Taxes450/3€29k€8k▼
Remuneration and social security454/9€1k€1k▼
Income statement
Code20232024
Remuneration, social security and pensions62€8k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€862€827▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€5k-
Gross operating margin9900€7k€-2k▼
Operating profit (loss)9901€-7k€-10k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-10k€-12k▼
Profit (loss) for the period9904€-10k€-12k▼
Profit (loss) for the period to be appropriated9905€-10k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-21k▼
Profit (loss) brought forward from the previous period14P€1k€-8k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €8k ▲2851%
Operating result €9k, net result €8k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 1.26
Current ratio from 0.45 to 1.26; short-term debt falls from €41k to €20k.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Fleurus · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chaussée de Gilly(FL) 1806220 FleurusGround area
1,000 m²
Building footprint
198 m²
Volume, LiDAR
1,088 m³
Parcel 52332B0521/00E016, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HAND CAR WASH
since 20162.253.551.609
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52332B0521/00E016indicative | Wallonia | 1,000 m² | 1 · 198 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,188 companies in sector 95316 we hold annual accounts for 741. 463 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2016
Fiscal year end31-12
Activities, NACEBEL
95316Washing and cleaning of motor vehicles
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.