PandaPanda
ActivePandaPanda has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61k and a net result of €25k. Equity is growing by ~40% per year across the filed fiscal years. Its solvency ranks better than 40% of 2687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+26
Solvency60▲+12
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 0.9 in 2024; short-term debt: 63.5% and cash: 16.2% of total assets), and 64.9% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.1%
Return on assets
14.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-04-2026, 99 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
99 d early
2024
56 d early
2023
37 d early
2022
31 d early
2021
25 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€61k▲ 69.1%
2024 · €36k
2021: €-10k
2022: €45k
2023: €34k
2024: €36k
2021 → 2025
Total assets
€174k▲ 10.3%
2024 · €158k
2021: €12k
2022: €184k
2023: €174k
2024: €158k
2021 → 2025
Net result
€25k▲ 999%
2024 · €2k
2021: €-15k
2022: €54k
2023: €-11k
2024: €2k
2021 → 2025
Working capital
€21k
2024 · €-12k
2021: €-10k
2022: €-30k
2023: €-26k
2024: €-12k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-10k-€45k€34k▼ 24.0%€36k▲ 6.7%€61k▲ 69.1%
Operating result€-15k-€67k€-5k€10k€41k▲ 311%
Net result€-15k-€54k€-11k€2k€25k▲ 999%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 311% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €174k
Fixed assets
€43k▼ 14.9%
Current assets
€131k▲ 22.2%
Equity and liabilities €174k
Equity
€61k▲ 69.1%
Debt
€113k▼ 7.1%
The debt ratio falls from 77.1% to 64.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€52k▲
2024 · €21k
Cash flow
€35k▲
2024 · €14k
Solvency
35.1%▲
2024 · 22.9%
Current ratio
1.19▲
2024 · 0.90
Quick ratio
1.19▲
2024 · 0.82
Debt / equity
1.85▼
2024 · 3.37
ROE
40.9%▲
2024 · 6.3%
ROA
14.3%▲
2024 · 1.4%
Interest coverage
8.48▲
2024 · 4.90
Debt
€113k▼
2024 · €121k
Debt ≤ 1 year
€110k▼
2024 · €119k
Income taxes
€10k▲
2024 · €3k
Staff costs
€208k▼
2024 · €230k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€158k€174k▲
Fixed assets21/28€50k€43k▼
Intangible fixed assets21€44k€38k▼
Tangible fixed assets22/27€7k€5k▼
Plant, machinery and equipment23-€3k
Furniture and vehicles24€7k€3k▼
Current assets29/58€107k€131k▲
Stocks and contracts in progress3€10k€0▼
Contracts in progress37€10k€0▼
Amounts receivable within one year40/41€35k€86k▲
Trade receivables40€32k€84k▲
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€46k€28k▼
Deferred charges and accrued income490/1€16k€16k▲
Equity and liabilities
Total equity and liabilities10/49€158k€174k▲
Equity10/15€36k€61k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€31k€56k▲
Amounts payable17/49€121k€113k▼
Amounts payable within one year42/48€119k€110k▼
Financial debts43€15k€15k▼
Credit institutions430/8€15k€15k▼
Trade debts44€21k€27k▲
Suppliers440/4€21k€27k▲
Taxes, remuneration and social security45€29k€36k▲
Taxes450/3€4k€6k▲
Remuneration and social security454/9€25k€30k▲
Other amounts payable47/48€54k€34k▼
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€230k€208k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€807€4k▲
Gross operating margin9900€252k€264k▲
Operating profit (loss)9901€10k€41k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€6k€35k▲
Income taxes67/77€3k€10k▲
Profit (loss) for the period9904€2k€25k▲
Profit (loss) for the period to be appropriated9905€2k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€56k▲
Profit (loss) brought forward from the previous period14P€29k€31k▲
Social balance
Average headcount (FTE)9087-3.9
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Antwerpen · 1 establishment unit since 2021
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.
Luitenant Naeyaertplein 252140 AntwerpenGround area
549 m²
Building footprint
550 m²
Volume, LiDAR
4,583 m³
Parcel 11006A0321/00D003, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PandaPanda
since 20212.324.923.516
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0321/00D003 | Flanders | 549 m² | 1 · 550 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,034 EUR awarded · 1,034 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 675 EUR | 675 EUR |
| 2022 | 1 | 359 EUR | 359 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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BE 1010.296.075
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ADGHOUL-CONSULT
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,468 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2021
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
62030Computer programming, consultancy and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.