Financials
- Financial year
- 2021
- Total assets
- €3,657
- Loss
- -€1,551
- Solvency
- 100.0%
Total assets▼ 29.8%
Net result
20182021
PANEX
ActiveSummary
The computed 12-month bankruptcy probability of PANEX is 4.0% (elevated). For PANEX, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €3,657 and a net result of -€1,551. Equity is shrinking by about 33% per year across the filed financial years. The company has been active since 1990 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Activity not known1 site
Size
€3,657total assets 2021
- Equity
- €3,657
- Loss
- -€1,551
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 4.0%
2021 figures too old to score
Structure
Accounts 1172 days overdue
Signalsraises riskFigures for financial year 2021 (filed 11-11-2022)3 financial years not filed after the legal deadline; latest accounts 101 days late; 1 of the last 3 lateTwo or more financial years not filedFiled more than 90 days lateAdministrative warnings in the KBO publicationslowers riskFounded in 1990Size: total assets €3,657Show the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Strong
Solvency
100=
equity 100.0% of total assets
Liquidity
100=
cash 100.0%
Profitability
0=
return on assets -42.4%
Bankruptcy probability, 12 months
4.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.0%lowest value
12-2024: 2.3%▲ +0.3 percentage points vs 11-2024
01-2025: 2.3%● unchanged vs 12-2024
02-2025: 2.3%● unchanged vs 01-2025
03-2025: 2.3%● unchanged vs 02-2025
04-2025: 2.3%● unchanged vs 03-2025
05-2025: 4.3%▲ +2.0 percentage points vs 04-2025highest value
06-2025: 4.3%● unchanged vs 05-2025highest value
07-2025: 4.3%● unchanged vs 06-2025highest value
08-2025: 4.0%▼ -0.3 percentage points vs 07-2025
09-2025: 4.0%● unchanged vs 08-2025
10-2025: 4.0%● unchanged vs 09-2025
11-2025: 4.0%● unchanged vs 10-2025
12-2025: 4.0%● unchanged vs 11-2025
01-2026: 4.0%● unchanged vs 12-2025
02-2026: 4.0%● unchanged vs 01-2026
03-2026: 4.0%● unchanged vs 02-2026
04-2026: 4.0%● unchanged vs 03-2026
05-2026: 4.0%● unchanged vs 04-2026
06-2026: 4.0%● unchanged vs 05-2026
07-2026: 4.0%● unchanged vs 06-2026
08-2026: 4.0%● unchanged vs 07-2026
09-2026: 4.0%● unchanged vs 08-2026
10-2026: 4.0%● unchanged vs 09-2026
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 year end31-07-2023 deadline15-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 09-11-2022, 101 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
101 days late
2020
30 days late
2019
12 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 48 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
UBO non-complianceStrikeout withdrawal
- UBO non-complianceevent 31-03-2025
- Annual accounts filedfinancial year 2021 · micro…
- Annual accounts filedfinancial year 2020 · micro…
Key points
By topic
Timeline
- Events
- 35
- Since
- 1991
- 31-12-2020Weakest financial year
- 12-08-2020Annual accounts filed
- 12-09-2019Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Founded
- 16-01-1990
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.