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PANDA GROUP

Active
Private limited company·Groothandel in farmaceutische en medische artikelen· 4 yrs active
Tuchthuisstraat 93/03/1 ·1800 Vilvoorde, Belgium
KBO/BCE: BE 0787.411.851
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of PANDA GROUP is 2.9% (moderate). The 2024 annual accounts show negative equity (€-4k) and a net result of €-4k. Its solvency ranks better than 23% of 3351 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.9% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-4k-96.0%
Working capital€-6k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 04-08-2025 with the NBB · fiscal year 2024 · micro
€-6k€-4k€-2k€0Operating result 2023: €-2k€-2kNet result 2023: €-2k€-2kOperating result 2024: €-634€-634Net result 2024: €-4k€-4k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -5.7% 25.2%
better than 23% of 3351 sector peers
Net result €-4k €4k
better than 27% of 3338 sector peers
Equity €-4k €23k
better than 22% of 3358 sector peers
Gross operating margin €316 €19k
better than 26% of 3324 sector peers
Total assets €69k €105k
better than 38% of 3356 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-525
- far below sector median
Net profit
€-4k
-96.0% far below sector median
Cash flow
€-4k
- far below sector median
Total assets
€69k
+1122.1% -95% vs sector
Equity
€-4k
- far below sector median
Working capital
€-6k
- far below sector median
Debt
€72k
+1275.5% -90% vs sector
Debt ≤ 1y
€72k
+1275.5% -83% vs sector
Current ratio
0.91
-14.2% -51% vs sector
Quick ratio
0.91
-14.2% -43% vs sector
Solvency
-5.7%
- far below sector median
Debt / equity
-18.66
- far below sector median
ROE
108.8%
- far above sector median
ROA
-6.2%
+84.0% far below sector median
Interest coverage
-0.14
- far below sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€-525
Net profit€-4k
Cash flow€-4k
Staff costs-
Income taxes-
Dividends-
Total assets€69k
Equity€-4k
Debt€72k
of which ≤ 1y€72k
of which > 1y-
Working capital€-6k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.91
Quick ratio0.91
Working capital ratio-9.1%
Solvency-5.7%
Debt / equity-18.66
Long-term debt ratio-
Interest coverage-0.14
Gross margin-
Net margin-
ROA-6.2%
ROE108.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€69k
Fixed assets 21/28€2k
Tangible fixed assets 22/27€2k
Current assets 29/58€66k
Amounts receivable within one year 40/41€55k
Cash & bank 54/58€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€69k
Equity 10/15€-4k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€-6k
Amounts payable 17/49€72k
Amounts payable within one year 42/48€72k
Trade debts payable within one year 44€39k
Income statement
Gross operating margin 9900€316
Operating result 9901€-634
Financial income 75€61
Financial charges 65€4k
Result before taxes 9903€-4k
Net result for the period 9904€-4k
Result to be appropriated 9905€-4k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
12 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
POLYMED
Tuchthuisstraat 93, 1800 VilvoordeGroothandel in farmaceutische en medische artikelen
since 20222.332.359.060
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,798 m²
Buildings1
Building footprint120 m²
Volume (LiDAR)686 m³
Tallest building6.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23642D0909/00V027 Flanders 1,798 m² 1 · 120 m² 6.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health12Profitability100Solvency43Growth32Stability94
56 / 100

Mixed profile: strong on profitability, weaker on health.

Health 12
Profitability 100
Solvency 43
Growth 32
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Groothandel in farmaceutische producten46460Groothandel in farmaceutische en medische artikelen46460Groothandel in reinigingsmiddelen46442Groothandel in papier- en kartonwaren46493Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels47740Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen47741
Primary activity highlighted.
Names & trade names
Legal nameNL PANDA GROUP
Registered office
Tuchthuisstraat 93/03/1
1800 Vilvoorde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.