Result
€30,249 €30,249
Back in profit in 2025, after a loss of €34,403 in 2024.
PANIBO
Lifetime
9 annual accounts with figures on one time axispeak €371,330 (2023)
€260,056▲ 25.7%
lowest -€68,630 (2017)
€30,249▲ €64,652
peak €58,858 (2023)
€54,704▲ 124%
€387,365▼ 21.9%
peak 4 FTE (2018)
4 FTEunchanged
Board8 names since 2016
4 directors and 3 others
Documentsfilings and deeds
24-06-202637 days before the deadline
2025abbreviated format
Gross margin from €206,870 to €260,056Back to profit: €30,249Equity from €24,455 to €54,704Debts from €495,911 to €387,365Investments €19,241Cash from €103,614 to €35,181
Key points
from the 2025 annual accountsTurnover
≈ €1.4m estimated
The abbreviated format states no turnover.
Debts
€387,365 88% of the balance sheet
Financial debts 0%Suppliers 12%Other 88%
Investments
€19,241 3.0 × depreciation
Green is investment, beige is depreciation.
Filings
9 annual accounts 2 late
The 2017 accounts came latest: 6 days after the end of the period.
Position in the sector
€54,704
Less equity than 80% of companies in retail trade. Sector median €315,153 · 13,237 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as PANIBO has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 5,053 companies, not a prediction for PANIBO. 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
Board and ownership
Managing director
Director,
Director
Director
- founderdeed of 09-08-2016
- founderdeed of 09-08-2016
- founderdeed of 09-08-2016
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0660746182
3 directors appointed, 4 resignations
Resignations: (managing director and chair of the board); (gedelegeerd bestuurder, vice voorzitter raad van bestuur); and · Appointments: (afgevaardigd bestuurder, vice voorzitter raad van bestuur); (director and chair of the board) and · Director discharge: · General meeting of 15-06-2021 · Gazette deed
Registered office moved from Drogenbos to rogenbos
New registered office: Paul Gilsonlaan 506, 1620 rogenbos · Previous registered office: PAUL GILSONLAAN 502, 1620 DROGENBOS · General meeting of 22-08-2016 · Gazette deed
Incorporation
Founders: , , and 1 other · Founding capital of €100,000, 1,000 shares · Appointments: , , and · published on 09-08-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PANIBO Drogenbos | €442,069 | €260,056 | 12.4% | 4 |
| BMVAL Namur | €407,828 | €236,523 | -37.5% | 3.8 |
| MAUDEL CONCEPT Orp-Jauche | €345,610 | €271,624 | -5.2% | 5 |
| POW-HOME Marche-en-Famenne | €521,699 | €357,239 | -1.0% | 3 |
| KEUKEN Bruges | €580,642 | €247,751 | -24.5% | 3.6 |
| Bolanco Sint-Niklaas | €505,681 | €242,037 | 31.9% | 4.5 |
| KITCHEN RETAIL DESIGN Waterloo | €344,365 | €293,521 | -58.7% | 3.9 |
These companies have the same main activity as PANIBO: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €344,000 and €581,000, founded between 2012 and 2019.
Official details
Source: KBO- Status
- Active since 05-08-2016Normal situation
- Activity
- Retail sale of household furnitureNACE 47551and 3 others
- Establishment unit
- 2.255.685.2131620 Drogenbos, since 05-08-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- €442,069▼ 15.0%
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on PANIBO
PANIBO files the abbreviated format. That format states no turnover. The gross margin rose from €176,576 in 2017 to €260,056 in 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 PANIBO
- What is the company number of PANIBO?
- The company number of PANIBO is 0660.746.182. The VAT number is the same number with BE in front: BE 0660.746.182.
- Where is PANIBO based?
- The registered office is at Paul Gilsonlaan 506, 1620 Drogenbos.Company details
- What does PANIBO do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of PANIBO?
- PANIBO is a public limited company (NV).
- When was PANIBO founded?
- PANIBO was founded on 05-08-2016.
- Is PANIBO still active?
- Yes, PANIBO is an active enterprise in the KBO register.
- How many employees does PANIBO have?
- PANIBO had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PANIBO?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €260,056 and 31 comparable companies (NACE 475). It probably lies between €860,000 and €2.1m.
- Is PANIBO profitable?
- In financial year 2025, PANIBO made a profit of €30,249.
- Where can I find the annual accounts of PANIBO?
- PANIBO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PANIBO due?
- PANIBO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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