Equity
-€40,911
Debts exceed assets in financial year 2025.
PANEL art
Lifetime
1 annual account with figurespeak €40,446 (2025)
€40,446
lowest -€41,911 (2025)
-€41,911
peak -€40,911 (2025)
-€40,911
€150,614
Board1 name since 2025
1 director
Documentsfilings and deeds
08-06-202653 days before the deadline
2025micro format
Loss of €41,911Incorporation 14-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€150,614 137% of the balance sheet
Suppliers 23%Taxes and wages 15%Other 63%
Of this, €56,318 falls due within a year.
Position in the sector
-€41,911
Lower net result than 95% of companies in advertising and market research. Sector median €14,076 · 9,124 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,324 companies had the same profile as PANEL art has now. Each dot stands for 4 companies, two years later.
90.1%
were still trading
5.7%
stopped another way
4.2%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,324 companies, not a prediction for PANEL art. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1018574036
Incorporation
Founding capital of €1,000, 100 shares · Founder: · Appointment: (director) · published on 14-01-2025 · Gazette deed
First establishment
Rue Daras 2, Brunehaut
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PANEL art Brunehaut | €109,703 | €40,446 | -37.3% | - |
| C STUDIO Dalhem | €124,276 | €48,005 | 24.8% | - |
| studio tiret final Gembloux | €91,646 | €51,482 | 21.6% | - |
| IMAGOO Wevelgem | €91,376 | €31,204 | 73.7% | - |
| SKR4TCH Wevelgem | €91,651 | €53,826 | 48.2% | - |
| GoodCompany Merelbeke-Melle | €82,458 | €45,267 | 43.2% | - |
| TAQTIQ Voeren | €84,048 | €46,233 | 26.0% | - |
These companies have the same main activity as PANEL art: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €82,500 and €124,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 10-01-2025Normal situation
- Activity
- Advertising agenciesNACE 73110
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.369.021.4967623 Brunehaut, since 10-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 02-02-2026
Annual accounts 2025
- ≈ €120,000estimated
- €109,703
- ≈ 1 FTEestimated
- Filing
- Filed on 08-06-2026, 53 days before the end of the filing period
Insights on PANEL art
PANEL art has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€40,911) and a net result of -€41,911.
Its solvency ranks better than 9% of 9,122 sector peers (NACE 73, financial year 2025).
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 PANEL art
- What is the company number of PANEL art?
- The company number of PANEL art is 1018.574.036. The VAT number is the same number with BE in front: BE 1018.574.036.
- Where is PANEL art based?
- The registered office is at Rue Daras 2, 7623 Brunehaut.Company details
- What does PANEL art do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of PANEL art?
- PANEL art is a private limited company (BV).
- When was PANEL art founded?
- PANEL art was founded on 10-01-2025.
- Is PANEL art still active?
- Yes, PANEL art is an active enterprise in the KBO register.
- Which joint committee does PANEL art fall under?
- In its 2025 annual accounts, PANEL art states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of PANEL art?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €40,446 and 34 comparable companies (NACE 73). It probably lies between €79,000 and €160,000.Financials
- Is PANEL art profitable?
- In financial year 2025, PANEL art made a loss of €41,911.
- Where can I find the annual accounts of PANEL art?
- PANEL art filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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