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PANDO

Active Private limited companyfounded 2012active for 14 yearsTervurenlaan 412, 1150 Woluwe-Saint-PierreKBO/BCE: BE 0843.371.052

Overview

Lifetime

14 annual accounts with figures on one time axis
peak €1.0m (2021)
€861,412▲ 32.1%
lowest -€21,209 (2014)
€631▼ 97.5%
peak €948,874 (2023)
€806,357▼ 13.9%
€1.9m▼ 20.0%
peak 1 FTE (2019)
0 FTE 
Board2 names since 2021
2 directorsChristophe Jonlet and 1 other
Documentsfilings and deeds
21-08-202621 days late
2025abbreviated format
Gross margin from €652,219 to €861,412Result from €25,329 to €631Dividend €130,895Equity from €936,621 to €806,357Debts from €2.4m to €1.9m

Key points

from the 2025 annual accounts

Equity

€806,357 ▼ 13.9%
936,6212024+631Profit-130,895Dividend806,3572025

PANDO paid out €130,895 in dividends. That is 20,735% of the 2025 profit.

Debts

€1.9m 70% of the balance sheet
Financial debts 31%Suppliers 53%Taxes and wages 0%Other 15%

Of this, €1.3m falls due within a year.

2025 accounts filed 21 days after the deadline

Checked score

91
Excellent
Financially stronger than 31% of small companies in electricity, gas and steam (NACE 35)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 253 companies (NACE 35, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.4 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: 0.1%▲ +0.1 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.1%▼ -0.3 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

55+2equity 29.5% of total assets
32+2short-term debt 48.6% · cash 5.0%
69-1return on assets 0.0%

Score breakdown

raises risk
5 establishment units
lowers risk
Size: total assets €2.7m
Figures for financial year 2025 (filed on 25-08-2026)
Founded in 2012
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 35, small). It does better than 49% of them on solvency, 15% on liquidity, 43% on profitability and 19% on growth.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 4,107 companies had the same profile as PANDO has now. Each dot stands for 11 companies, two years later.

98.0%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of PANDO itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 4,107 companies, not a prediction for PANDO. 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

Credit of up to €70,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.22 (1.26 in 2024), below the usual 1.5. Short-term debt is 48.6% and cash 5% of total assets. 70.5% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €2.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 25-08-2026)
NBB · annual accounts
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 5 establishment units
KBO · seat and establishments
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
21 days late
2024
22 days late
2023
29 days late
2022
30 days late
2021
30 days late
2020
31 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CJ
Director
RP
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0843371052
2 directors reappointed JONLET Christophe Pierre Raymond (director) and ROCHEZ Philippe Laurent Jean Marie (director) · Permanent representative: JONLET Christophe Pierre Raymond · General meeting of 18-08-2023 · Gazette deed
2 establishments registered Auderghem
New establishment in Anderlecht PANDO sprl, Ninoofse Steenweg 500
All 29 events

Comparable companies

same main activity, similar in size and age
Company
PANDO Woluwe-Saint-Pierre €2.7m €0.9m 29.5% 0
ZWARTHOUT ENERGIE Duffel €2.9m €1.1m 39.3% 0
Solar-Com Lommel €2.8m €0.8m -15.9% 0
EOLIENNES DE LORRAINE Arlon €2.1m €0.5m 49.8% 0
ZANDVOORDE GREEN INVEST Kortrijk €2.4m €0.6m 45.4% 0
KT WIND ZELE Sint-Gillis-Waas €1.8m €0.5m 50.4% 0
GREENTILE Kortrijk €3.5m €1.5m 59.2% 0

These companies have the same main activity as PANDO: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €1.8m and €3.5m, founded between 2009 and 2013.

Official details

Source: KBO
Status
Active since 03-02-2012Normal situation
Registered office
83 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 7 November 2026.
Activity
Production of electricity from non-renewable sourcesNACE 35110
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2021
Establishment units
2.206.753.4631200 Woluwe-Saint-Lambert, since 01-02-2012
2.206.758.2151435 Mont-Saint-Guibert, since 08-02-2012and 3 others
Financial year end
31 December
Peppol
Reachable since 09-01-2026
Company details

Annual accounts 2025

€861,412▲ 32.1%
≈ €2.0mestimated
€631▼ 97.5%
€806,357▼ 13.9%
€2.7m▼ 18.3%
Filing
Filed on 21-08-2026
Financials

Insights on PANDO

PANDO files the abbreviated format. That format states no turnover. The gross margin rose from €66,104 in 2012 to €861,412 in 2025.

The balance sheet grew most from 2018 to 2020 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 21-08-2026, 21 days late
€861,412
▲ 32.1%
€19,050
▼ 68.1%
€631
▼ 97.5%
€289,462
▼ 32.4%
29.5%
▲ 1.5 percentage points
1.22
▼ 0.05

The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.0m. Estimated: probably between €1.2m and €3.5m.

Balance sheet

balance sheet total €2.7m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

29.5%

Higher than 47% of 346 companies in 2025.

1.22

Higher than 48% of 322 companies in 2025.

0.0%

Higher than 39% of 329 companies in 2025.

PANDO Middle half of the sector 80% of the sector Abbreviated accounts in electricity, gas and steam (NACE 35)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012
Balance sheet: assets
20/58 2.7m3.3m3.4m3.6m3.3m3.4m2.2m1.8m854,774666,603511,258530,704668,083275,822
21/28 1.1m1.3m1.5m1.7m1.6m1.8m697,363649,139654,904426,214335,818299,242375,950194,750
22/27 1.1m1.3m1.5m1.7m1.6m1.8m696,413648,189279,735168,776218,586288,692364,450194,750
22 365,819383,029401,346420,846441,603463,699487,221512,26050,544-----
23 745,092910,6281.1m1.2m1.2m1.3m116,98987,609114,377157,947199,502249,377307,994191,207
24 2,6284,4496,31718,55937,07067,75092,20348,32031,70010,82919,08539,31556,4563,542
27 --------83,113-----
28 900900900950950950950950375,169257,437117,23210,55011,500-
29/58 1.6m2.0m1.9m1.9m1.6m1.6m1.5m1.1m199,870240,389175,440231,462292,13381,072
29 399,132405,476417,390436,247464,071473,924683,171866,85679,43644,000----
291 399,132405,476417,390436,247464,071473,924683,171866,85679,43644,000----
40/41 880,2831.3m1.4m1.1m1.1m1.1m806,587208,84480,555120,100138,310197,036279,02438,418
40 483,658428,482389,741220,124320,490391,975180,06338,10556,94159,54679,25650,17119,8596,418
41 396,625841,251995,175888,141803,833677,473626,524170,73923,61460,55559,055146,864259,16432,000
50/53 200,000250,000-------1,9591,9595,974--
54/58 137,759118,78377,998326,73835,13459,5943,33144,17236,72870,11332,60025,5679,34042,120
490/1 1,3062,1982,4906,3502,37012,3613,7414,2833,1514,2172,5712,8853,769535
Balance sheet: equity and liabilities
10/49 2.7m3.3m3.4m3.6m3.3m3.4m2.2m1.8m854,774666,603511,258530,704668,083275,822
10/15 806,357936,621948,874868,550677,244495,687295,575172,680143,098127,664104,73484,175115,83746,348
10/11 60,00060,00060,00060,00060,00060,00060,00060,00060,00060,00040,00040,00040,00040,000
100 ------62,00062,00062,00062,00062,00062,00062,00062,000
101 ------2,0002,0002,0002,00022,00022,00022,00022,000
13 745,726876,621888,874808,550617,244435,687233,592102,69765,11541,68130,7511,8191,819984
130/1 --06,2006,2006,200--------
130 ------6,2006,2006,2004,0313,4011,8191,819984
1311 --06,2006,2006,200--------
133 745,726876,621888,874802,350611,044429,487227,39296,49758,91537,65027,350---
14 6310000------1121,2205,364
15 -----01,9839,98317,98325,98333,98342,34552,799-
17/49 1.9m2.4m2.4m2.7m2.6m2.9m1.9m1.6m711,676538,939406,524446,529552,246229,474
17 593,055785,592979,5151.2m1.1m1.3m516,161560,738249,190295,369260,851331,936396,813169,252
170/4 593,055785,592979,5151.2m1.1m1.3m516,161458,146195,812127,531163,235207,000246,813169,252
178/9 ------0102,59153,378167,83897,617124,936150,000-
42/48 1.3m1.6m1.4m1.5m1.4m1.6m1.4m1.0m461,602238,226140,914107,174148,68360,222
42 206,898208,016217,098225,952227,223222,667216,823222,472111,36735,20743,76541,21679,79717,178
43 --013,40314,65112,537--------
430/8 --013,40314,65112,537--------
44 1.0m1.3m1.2m1.0m890,402909,061851,147374,52825,1955,6604,7262,6221,4112,977
440/4 1.0m1.3m1.2m1.0m890,402909,061851,147374,52825,1955,6604,7262,6221,4112,977
45 9,0342,21342,80442,90249,52252,91661,60225,11036,32317,59614,4765,07012,7716,576
450/3 9,0342,21342,80442,90244,70244,45944,95620,09931,34213,26110,1655,07012,7716,576
454/9 ---04,8208,45816,6465,0114,9814,3354,311---
47/48 84,46864,66917,807221,080261,662436,771249,385415,821288,717179,76377,94758,26754,70433,491
492/3 4,4895,3055,4234,9554,9373,5003,5001,9448845,3434,7597,4196,750-
Income statement
76A 33,090--0215020,25547,871------
9900 861,412652,219717,365952,6641.0m490,551385,001287,593102,87478,326110,89571,888102,43366,104
62 -0297045,72080,91981,138-------
630 184,566185,747207,201199,313184,704174,95998,17388,85561,14954,53359,96976,72692,06244,178
640/8 657,797406,814331,506436,022473,3074,2147,04314,00717,0962,8167,9093,2432,269781
66A -----010,369113,879------
9901 19,05059,658178,361317,329300,459230,459188,27970,85224,62920,97843,017-8,0818,10221,145
75/76B 4,6437,3535,0103,92212,13923,36214,66729,30123,3158,0068,45610,56427,477192
75 4,6437,3535,0103,92212,13923,36214,66729,30123,3158,0068,45610,56427,477192
65/66B 21,86329,03233,17144,65332,06727,40622,27724,02519,37617,02319,58923,67718,8281,616
65 21,86329,03233,17144,65332,06727,40622,27724,02519,37617,02319,58923,67718,8281,616
9903 1,83037,978150,200276,598280,531226,415180,66876,12828,56911,96131,883-21,19416,75119,722
67/77 1,19912,64948,61274,99171,62520,73549,77438,5465,1351,0322,961156140
9904 63125,329101,588201,607208,906205,681130,89537,58223,43410,93028,922-21,20916,69019,681
9905 63125,329101,588201,607208,906205,681130,89537,58223,43410,93028,922-21,20916,69019,681
Appropriation of the result
9906 63125,329101,588201,607208,906205,681130,89537,58223,43410,93028,9331122,05419,681
791/2 130,89537,58221,26510,30027,350---------
691/2 025,329101,588201,607208,906202,095130,89537,58223,43410,93028,933-835984
6920 --------2,1696301,583-835984
6921 025,329101,588201,607208,906202,095130,89537,58221,26510,30027,350---
694/7 130,89537,58221,26510,30027,3503,585-------13,333
694 130,89537,58221,26510,30027,350--------13,333
696 ----03,585--------
Social balance sheet
9087 00000.611-------
Hours worked1013 ----1,0221,7121,656-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 17 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 21-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 21 days after the deadline. Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00419341.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 21-08-2026 2026-00419341 PDF
31-12-2024 full format 22-08-2025 2025-00399900 PDF
31-12-2023 full format 29-08-2024 2024-00436815 PDF
31-12-2022 full format 30-08-2023 2023-00412933 PDF
31-12-2021 full format 30-08-2022 2022-20393874 PDF
31-12-2020 full format 31-08-2021 2021-64500383 PDF
31-12-2019 full format 21-08-2020 2020-43100425 PDF
31-12-2018 micro format 31-08-2019 2019-60500171 PDF
31-12-2017 full format 31-08-2018 2018-59900190 PDF
31-12-2016 micro format 31-08-2017 2017-58300309 PDF
31-12-2015 full format 31-08-2016 2016-55900583 PDF
31-12-2014 full format 31-08-2015 2015-56100141 PDF
31-12-2013 full format 31-08-2014 2014-57400071 PDF
31-12-2012 full format 30-08-2013 2013-53600385 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012
203,615245,405385,562516,642485,163405,418286,452159,70785,77875,510102,98668,645100,16565,323
185,197211,076308,789400,920393,610380,639229,068126,43884,58365,46288,89155,517108,75263,859
007,281238,71028,3011.3m168,592457,309295,572144,928106,682968286,671238,927
18,97640,784-248,740291,605-24,46156,264-40,8417,443-33,38537,5137,03316,227-32,780-
289,462428,513449,059371,567182,437-18,624117,87386,223-261,7322,16234,526124,287143,45120,851
29.5%28.0%28.2%24.4%20.7%14.4%13.5%9.7%16.7%19.2%20.5%15.9%17.3%16.8%
1.221.261.311.251.130.991.091.080.431.011.252.161.961.35
2.392.572.553.103.835.926.429.274.974.223.885.304.774.95
0.1%2.7%10.7%23.2%30.8%41.5%44.3%21.8%16.4%8.6%27.6%-25.2%14.4%42.5%
0.0%0.8%3.0%5.7%6.4%6.0%6.0%2.1%2.7%1.6%5.7%-4.0%2.5%7.1%
9.318.4511.6211.5715.13---------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2021
Joined0
Left1

Source: social balance sheet in the 2021 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered---€50,000€50,000
---€444,500€444,500
Carrying value of the mortgaged assets---€420,846€441,603

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€7,281€238,710€28,301
€184,566€185,747€207,201€199,313€184,704

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on PANDO

The operating result for 2025 is 68% lower than in 2024 and the lowest since 2014. It is the third fall in a row.

Debt's share of the balance-sheet total falls from 72.0% to 70.5%. Equity and debt are lower.

Board & ownership

Board

2 directors
Director (not named in the articles)
in office according to the deed of 28-08-2023 term without a fixed end
also on the board of 8 other companies
listed in the 2025 annual accounts, filed on 21-08-2026
Director (not named in the articles)
in office according to the deed of 28-08-2023 term without a fixed end
also on the board of 4 other companies
listed in the 2025 annual accounts, filed on 21-08-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Christophe Jonlet
Director (not named in the articles)
ROCHEZ Philippe
Director (not named in the articles)
Boardmandate already running before its first mention
Mandates as a list
  • Christophe Jonlet
    • Director (not named in the articles), since before 31-12-2021
  • ROCHEZ Philippe
    • Director (not named in the articles), since before 31-12-2021

See the board, name and registered office on a given date →

Control

Capital

Contribution
€60,000
Source
2025 annual accounts

Articles of association

deed of 28-08-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Valeur fixée à dires d'expert, commun accord ou à défaut Président du Tribunal de l'Entreprise du siège”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 18:00

Network & group

No group

PANDO has no parent and no holdings in its annual accounts.

At the same address

Tervurenlaan 412, 1150 Woluwe-Saint-Pierre · 82 other companies
ALTAI INVEST
registered office since 28-07-1999 · founded in 1999
total assets €164.6m (2026)
0466.614.441
RAINYVE
registered office since 25-09-1992 · founded in 1992
total assets €121.0m (2025)
0447.757.839
FIDOUNA
registered office since 24-12-2013 · founded in 2013
total assets €41.0m (2025)
0543.570.380
Flintstone
registered office since 29-12-2010 · founded in 2010
4.9 FTE (2026)
0832.325.623
PANDO HOLDING
registered office since 02-10-2018 · founded in 2018
total assets €5.9m (2025)
0707.656.966
BA BTS
registered office since 02-06-2008 · founded in 2008
total assets €3.8m (2025)
0898.284.039
easyPV
registered office since 26-06-2017 · founded in 2017 · group PANDO HOLDING
total assets €2.0m (2025)
0677.570.734
IMMOCHOU
registered office since 15-09-2015 · founded in 2015 · negative equity (2025)
total assets €1.4m (2025)
0637.772.129
WILDING
registered office since 30-08-2006 · founded in 2006
total assets €1.4m (2025)
0881.656.853
LANGE MUNT DEVELOPMENT
establishment since 03-10-2016 · founded in 2016
total assets €1.3m (2025)
0663.685.480
and 72 more

Board mandates elsewhere

4 board mandates
Board mandates of PANDOPANDO sits on their board4
Director
Founded in 2015 · total assets €1.4m (2025) · negative equity
Director
Founded in 1973 · 14 FTE (2025) · group PANDO HOLDING
Director
Founded in 1995 · total assets €302,508 (2025) · group PANDO HOLDING
Director
No longer active · total assets €388,225 (2023)

Connections & network

9 connected companies
Linked via shared directors
FOX IMMO
via Christophe Jonlet · Director · deed of 26-05-2025
Founded in 2023 · total assets €1.2m (2025) · negative equity · group PANDO HOLDING
→
FOX HASSELT
via Christophe Jonlet · Director (not named in the articles) · deed of 20-07-2023
Founded in 2023 · 2.1 FTE (2025) · negative equity · group FOX & Cie, des jouets pour la vie !
→
PANDO HOLDING
Founded in 2018 · total assets €5.9m (2025)
→
FOX & Cie, des jouets pour la vie !
via Christophe Jonlet · Permanent representative · deed of 26-05-2025
Founded in 2014 · 4.6 FTE (2025)
→
Show 5 more companies with a shared director
easyPV
via Christophe Jonlet · Managing director · deed of 21-11-2023
Founded in 2017 · total assets €2.0m (2025) · group PANDO HOLDING
→
SOLTIS
via Christophe Jonlet and ROCHEZ Philippe · Director · deed of 05-05-2025
Founded in 2008 · 3.8 FTE (2025) · group PANDO HOLDING
→
OLEANDRE
Founded in 2000 · total assets €1.2m (2025)
→
JLINE
via ROCHEZ Philippe · Director (not named in the articles) · deed of 21-11-2023
Founded in 2009 · 7.2 FTE (2025) · group PANDO HOLDING
→
X. ANCION ET ASSOCIES
via Christophe Jonlet and ROCHEZ Philippe (no longer at X. ANCION ET ASSOCIES) · Director · deed of 13-11-2023
Founded in 1987 · total assets €409,122 (2025) · group PANDO HOLDING
→

Timeline

Timeline

29 events since 2012

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 21 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0843371052
2025
Annual accounts 2024 filed PDFfull format · 22 days late
2024
Annual accounts 2023 filed PDFfull format · 29 days late
2023
Annual accounts 2022 filed PDFfull format · 30 days late
2 directors reappointedJONLET Christophe Pierre Raymond (director) and ROCHEZ Philippe Laurent Jean Marie (director) · Permanent representative: JONLET Christophe Pierre Raymond · General meeting of 18-08-20235 points ▸
  • General meeting, 18-08-2023
  • Director reappointment, JONLET Christophe Pierre Raymond (director (not named in the articles))
  • Director reappointment, ROCHEZ Philippe Laurent Jean Marie (director (not named in the articles))
  • Permanent representative, JONLET Christophe Pierre Raymond
  • Registered office clause, Avenue de Tervueren 412/7, 1150 Woluwe-Saint-Pierre
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFfull format · 30 days late
2021
Highest result from 2012 to 2025 net €208,906 ▲1.6% The net result of €208,906 is the highest of those years.
Equity above €500,000 equity €677,244 ▲36.6% After 7 profitable years in a row, equity reaches €677,244.
Annual accounts 2020 filed PDFfull format · 31 days late
2020
Annual accounts 2019 filed PDFfull format · 21 days late
2019
Equity above €200,000 equity €295,575 ▲71.2% After 5 profitable years in a row, equity reaches €295,575.
Annual accounts 2018 filed PDFmicro format · 31 days late
2018
Liquidity more than doubled current ratio 1.08 The current ratio rises from 0.43 to 1.08.
Equity above €150,000 equity €172,680 ▲20.7% After 4 profitable years in a row, equity reaches €172,680.
Annual accounts 2017 filed PDFfull format · 31 days late
2017
Annual accounts 2016 filed PDFmicro format · 31 days late
2016
Annual accounts 2015 filed PDFfull format · 31 days late
2015
Back to profit net €28,922 The net result is €28,922, after one loss-making year.
Annual accounts 2014 filed PDFfull format · 31 days late
2014
Weakest financial year net -€21,209 The net result drops to -€21,209, the lowest from 2012 to 2025. It recovers the following year.
Annual accounts 2013 filed PDFfull format · 31 days late
2013
Equity above €100,000 equity €115,837 ▲150% With a profit in every financial year since 2012, equity grows to €115,837.
Annual accounts 2012 filed PDFfull format · 30 days late
2 establishments registered Auderghem
2012
New establishment in Anderlecht PANDO sprl, Ninoofse Steenweg 500
New establishment in Mont-Saint-Guibert Pando Consult, Rue de Béclines 33
Incorporation PDFpublished on 16-02-2012
First establishment Slotlaan 62/12, Woluwe-Saint-Lambert

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

PANDO was incorporated on 3 February 2012.1 Total assets rose from €1.8m in 2018 to €2.7m in 2025 and headcount from 1 full-time equivalents in 2019 to 0.6 in 2021.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2019, 2021 and 2025

Company details

Identity

Enterprise number
0843.371.052
VAT number
BE 0843.371.052
Peppol ID
0208:0843371052
Legal form
Private limited company
Status
Active, normal situation
Founded
03-02-2012
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 18:00
deed of 28-08-2023 (in French)
Peppol
Reachable since 09-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
PANDO in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-08-2023 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale”
deed of 28-08-2023 (in French)

Activities

NACEBEL 2025
Joint committees annual accounts 2021
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
35110 Electricity, gas, steam and air conditioning supply main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Exercer la ou les fonctions d'administrateur,de gérant ou de liquidateur; L'étude,le conseil,la consultance,l'expertise,l'ingénierie et…”
4 activities
  1. Exercer la ou les fonctions d'administrateur,de gérant ou de liquidateur.
  2. L'étude,le conseil,la consultance,l'expertise,l'ingénierie et toutes prestations similaires.
  3. La commercialisation,l’installation et l’exploitation d’unités de production d’énergie à partir de sources renouvelables
  4. La fourniture de services financiers complémentaires.
deed of 28-08-2023 (in French)

Registered office and establishments

5 establishments
Establishment Since Unit number
Tervurenlaan 412 registered office 1150 Woluwe-Saint-Pierre
Slotlaan 62/12 1200 Woluwe-Saint-Lambert 01-02-2012 2.206.753.463
Pando Consult Rue de Béclines 33, 1435 Mont-Saint-Guibert 70200 Business and other management consultancy 08-02-2012 2.206.758.215
PANDO sprl Ninoofse Steenweg 500, 1070 Anderlecht 01-07-2012 2.210.602.680
PANDO BLANKEDELLE Jean Van Horenbeecklaan 33, 1160 Auderghem 15-04-2013 2.218.583.901
PANDO SOUVERAIN Robert Willamestraat 25, 1160 Auderghem 15-04-2013 2.218.584.097

Buildings and parcels at the addresses

Ground area
3.3 ha
Buildings
5,893 m²
Volume, LiDAR
43,599 m³
Tallest building
26.8 m
Buildings to scale, each on its own parcel
3,294 m², 8.6 m 1,124 m², 8.8 m 758 m², 18.8 m 291 m², 19.7 m 3,294 m², 8.6 m 1,124 m², 8.8 m 758 m², 18.8 m

Location

registered office establishment All 5 establishment units on the map
83 companies at this address See who is registered here

Parcels

Wallonia 1 (16.7%) Brussels 5 (83.3%)
Cadastral parcelRegionArea Buildings Height / floors
21332B0461/00V000
ProtectedMonumentCentre scolaire du SouverainSource ↗
Brussels1.0 ha 1 · 291 m² 19.7 m · 4
21332E0009/00H002Brussels8,978 m² 1 · 1,124 m² 8.8 m · 1
21302A0022/00T002Brussels7,606 m² 1 · 3,294 m² 8.6 m · 2
25040A0012/00G021Wallonia3,154 m² 1 · 139 m² 9.1 m · 2
21682C0149/00M002Brussels2,170 m² 1 · 758 m² 18.8 m · 5
21673D0141/00V013Brussels472 m² 1 · 286 m² 26.8 m · 8

1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.