Active BE 0808.527.959Private limited company

PANASI

Van Overbekelaan 55 ·1083 Ganshoren, Belgium· 17 yrs active

Sector: Real estate agency activities (68310)

Conclusion Checked

PANASI has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €37k and a net result of €12k. Its solvency ranks better than 71% of 4970 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€37k
Net result	€12k
Better than sector	71%
Active	17 yrs

Financial profile 5 of 5 axes measured · computed by Checked

91 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 94

Profitability 100

Solvency 82

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.5% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2008, 17 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

94 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview16 NBB filings

Annual accounts filed on 20-11-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	46.8%	16.7%	better than 71% of 4970 sector peers
Net result	€12k	€2k	better than 64% of 4962 sector peers
Equity	€37k	€27k	better than 55% of 4973 sector peers
Gross operating margin	€40k	€27k	better than 60% of 4956 sector peers
Staff costs	€15k	€20k	higher than 44% of 733 sector peers

EBITDA

€20k

+53.6% 23-24

Net profit

€12k

+151.0% 23-24

Cash flow

€20k

+126.1% 23-24

Total assets

€78k

+24.7% 23-24

Equity

€37k

+48.0% 23-24

Working capital

€23k

+556.8% 23-24

Staff costs

€15k

-69.4% 23-24

Income taxes

€60

-98.2% 23-24

Debt

€42k

+9.5% 23-24

Debt ≤ 1y

€42k

+9.8% 23-24

Current ratio

1.55

+42.1% 23-24

Quick ratio

1.55

+42.1% 23-24

Solvency

46.8%

+18.7% 23-24

Debt / equity

1.14

-26.0% 23-24

ROE

32.4%

+69.6% 23-24

ROA

15.2%

+101.3% 23-24

Interest coverage

43.32

+305.8% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro schema
Revenue	-
EBITDA	€20k
Net profit	€12k
Cash flow	€20k
Staff costs	€15k
Income taxes	€60
Dividends	-
Total assets	€78k
Equity	€37k
Debt	€42k
of which ≤ 1y	€42k
of which > 1y	-
Working capital	€23k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.55
Quick ratio	1.55
Working capital ratio	29.4%
Solvency	46.8%
Debt / equity	1.14
Long-term debt ratio	-
Interest coverage	43.32
Gross margin	-
Net margin	-
ROA	15.2%
ROE	32.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Balance-sheet composition 2024

Assets

Fixed assets €14k · 17.4% Current assets €65k · 82.7%

Equity & liabilities

Equity €37k · 46.8% Debt €42k · 53.2%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€78k
Fixed assets	21/28	€14k
Tangible fixed assets	22/27	€14k
Current assets	29/58	€65k
Amounts receivable within one year	40/41	€18k
Cash & bank	54/58	€42k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€78k
Equity	10/15	€37k
Contributions / capital	10/11	€19k
Reserves	13	€8k
Accumulated profits (losses)	14	€10k
Amounts payable	17/49	€42k
Amounts payable within one year	42/48	€42k
Trade debts payable within one year	44	€20k
Income statement
Gross operating margin	9900	€40k
Operating result	9901	€12k
Financial income	75	€130
Financial charges	65	€463
Result before taxes	9903	€12k
Income taxes	67/77	€60
Net result for the period	9904	€12k
Result to be appropriated	9905	€12k

Legal Structure

NACE primary	Real estate agency activities(68310)
Legal form	Private limited company(610)
Incorporation	18-12-2008
Status	Active
Postal code	1083

Establishment units 1 location

IMMOBILIERE PANASI

Van Overbekelaan 55, 1083 GanshorenReal estate activities

since 20082.175.109.885

Real-estate footprint Source: CBE × cadastre

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21392B0063/00X002	Brussels	171 m²	1 · 149 m²	16.1 m · 4 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

All 10Filings 10

2025

20-11