PAND 11
ActiveSummary
The computed 12-month bankruptcy probability of PAND 11 is 3.2% (moderate). The 2025 annual accounts show negative equity (-€20,641) and a net result of -€15,514. Equity has been shrinking by about 64% per year since 2019. Its solvency ranks better than 9% of 16,996 sector peers (NACE 56, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 10-10-2008 Normal situation
- Activity
- Full-service restaurants NACE 56111
- Establishment unit
- 2.173.821.567 2580 Putte, since 10-10-2008
- Financial year end
- 30 September
- Peppol
- Reachable since 10-07-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.2%
- Gross margin
- €26,711
- ▼ 11.3%
- Turnover
- ≈ €130,000
- estimated
- Loss
- €15,514
- ▲ 395%
- Equity
- -€20,641
- ▼ 303%
- Total assets
- €18,436
- ▼ 34.3%
- Staff
- 8.6 FTE
- ▲ 36.5%
- Negative equity on 30-09-2025
- 2025 accounts filed 46 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Loss of €15,514, the second in a row (financial year 2025)Negative equity -€20,641lowers riskSize: total assets €18,436Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 9% of them on solvency, 13% on liquidity, 8% on profitability and 3% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 11 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as PAND 11: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €15,800 and €23,700, founded between 2005 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| PAND 11 Putte | €18,436 | €26,711 |
| BOUDA BAR Schaarbeek | €18,770 | €29,817 |
| EUGÈNE Antwerpen | €23,709 | €38,857 |
| SENRAKU Brussel | €15,845 | €24,591 |
| PELSSER M. Thimister-Clermont | €18,400 | €23,892 |
| CHINESE STAR Boussu | €22,539 | €22,687 |
| PAGE-EVENT Elsene | €21,923 | €34,052 |
Key facts about PAND 11
- What is the company number of PAND 11?
- The company number of PAND 11 is 0807.180.055. The VAT number is the same number with BE in front: BE 0807.180.055.
- Where is PAND 11 based?
- The registered office is at Hoogstraat 11, 2580 Putte.Company details
- What does PAND 11 do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of PAND 11?
- The legal form of PAND 11 is Private limited company (BV).
- When was PAND 11 founded?
- PAND 11 was founded on 10-10-2008.
- Is PAND 11 still active?
- Yes, PAND 11 is an active enterprise in the KBO register.
- How many employees does PAND 11 have?
- PAND 11 had an average of 8.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PAND 11?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €26,711 and 60 comparable companies (NACE 56111). It probably lies between €100,000 and €180,000.
- Is PAND 11 profitable?
- In financial year 2025, PAND 11 made a loss of €15,514.
- Where can I find the annual accounts of PAND 11?
- PAND 11 filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PAND 11 due?
- PAND 11 must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.