Equity
€192,121 ▲ 39.6%
PANDA has made a profit without a break since 2018.
PANDA
Lifetime
10 annual accounts with figures on one time axispeak €109,739 (2024)
€109,739▲ 24.9%
lowest -€7,402 (2017)
€54,522▲ 18.1%
peak €192,121 (2024)
€192,121▲ 39.6%
€25,539▼ 68.6%
peak 0.6 FTE (2019)
-not published
Board2 names since 2016
1 director
Documentsfilings and deeds
27-12-2025149 days late
2024micro format
Gross margin from €87,897 to €109,739Equity from €137,599 to €192,121Debts from €81,363 to €25,539Cash from €111,193 to €174,705
Key points
from the 2024 annual accountsTurnover
≈ €340,000 estimated
The micro format states no turnover.
Liquidity
7.21 was 2.18 in 2023
Short-term debts fell from €81,363 to €25,539.
Filings
10 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Board
1 joined · 1 left
Board changed. Latest change 21-08-2026 · 1 in office.
Position in the sector
88.3%
Higher solvency than 95% of companies in food and beverage service. Sector median 29.2% · 18,733 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as PANDA has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for PANDA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Legal-form change
Resignation: (manager) · Appointment: (director) · Legal-form conversion: to private limited company · General meeting of 10-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0568661213
Resignation: (manager)
Director discharge: (manager) · General meeting of 04-07-2016 · Gazette deed
Incorporation
published on 15-01-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PANDA Tienen | €217,661 | €109,739 | 88.3% | - |
| SUSHI MAMA Leuven | €242,980 | €100,083 | 66.9% | - |
| CEMREN Machelen (Brab.) | €213,534 | €87,887 | 77.9% | - |
| Croque & Co Leuven | €218,706 | €86,693 | 44.6% | - |
| SUSHI ST-ELOOIS-VIJVE Waregem | €215,446 | €103,189 | 68.4% | - |
| ZHOU Lummen | €245,515 | €109,490 | 65.0% | - |
| JOFIE Zwevegem | €229,582 | €127,352 | -23.6% | - |
These companies have the same main activity as PANDA: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €214,000 and €246,000, founded between 2014 and 2015.
Official details
Source: KBO- Status
- Active since 13-01-2015Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Joint committee
- 302Hotels and catering · annual accounts 2022
- Establishment unit
- 2.240.046.1403300 Tienen, since 13-01-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Insights on PANDA
PANDA files the micro format. That format states no turnover. The gross margin rose from €65,503 in 2015 to €109,739 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PANDA
- What is the company number of PANDA?
- The company number of PANDA is 0568.661.213. The VAT number is the same number with BE in front: BE 0568.661.213.
- Where is PANDA based?
- The registered office is at Oplintersesteenweg 217, 3300 Tienen.Company details
- What does PANDA do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of PANDA?
- PANDA is a private limited company (BV).
- When was PANDA founded?
- PANDA was founded on 13-01-2015.
- Is PANDA still active?
- Yes, PANDA is an active enterprise in the KBO register.
- How many employees does PANDA have?
- PANDA had an average of 0.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does PANDA fall under?
- In its 2022 annual accounts, PANDA states joint committee 302 (Hotels and catering).
- What is the turnover of PANDA?
- The turnover in financial year 2024 is ≈ €340,000. This figure is estimated from the gross margin of €109,739 and 79 comparable companies (NACE 56112). It probably lies between €250,000 and €420,000.
- Is PANDA profitable?
- In financial year 2024, PANDA made a profit of €54,522.
- Where can I find the annual accounts of PANDA?
- PANDA filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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