Panimas
ActiveThe computed 12-month bankruptcy probability of Panimas is 1.7% (moderate). The 2025 annual accounts show equity of €38k and a net result of €34k. Its solvency ranks better than 18% of 10253 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability77
Solvency32
Growth-
Track record67
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.28; short-term debt: 50.3% and cash: 11% of total assets), and 92.7% 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
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
7.3%
Return on assets
6.5%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 10253 sector peers (2025).
NBB · sector comparisonPosition among 10253 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€38k
Total assets
€524k
Net result
€34k
Working capital
€-190k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €524k
Fixed assets
€450k
Current assets
€73k
Equity and liabilities €524k
Equity
€38k
Debt
€485k
Debt finances 92.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€109k
Cash flow
€93k
Solvency
7.3%
Current ratio
0.28
Quick ratio
0.26
Debt / equity
12.68
ROE
89.5%
ROA
6.5%
Interest coverage
8.47
Debt
€485k
Debt ≤ 1 year
€263k
Debt > 1 year
€222k
Income taxes
€3k
Staff costs
€166k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€524k
Fixed assets21/28€450k
Intangible fixed assets21€2k
Tangible fixed assets22/27€447k
Land and buildings22€231k
Plant, machinery and equipment23€110k
Furniture and vehicles24€3k
Leasing and similar rights25€103k
Financial fixed assets28€777
Current assets29/58€73k
Stocks and contracts in progress3€6k
Stocks30/36€6k
Amounts receivable within one year40/41€8k
Other amounts receivable41€8k
Cash at bank and in hand54/58€58k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€524k
Equity10/15€38k
Contributions10/11€4k
Capital10€4k
Issued capital100€4k
Reserves13€34k
Distributable reserves133€34k
Amounts payable17/49€485k
Amounts payable after more than one year17€222k
Financial debts170/4€222k
Amounts payable within one year42/48€263k
Current portion of amounts payable after more than one year42€35k
Trade debts44€75k
Suppliers440/4€75k
Taxes, remuneration and social security45€25k
Taxes450/3€9k
Remuneration and social security454/9€17k
Other amounts payable47/48€129k
Income statement
Code2025
Remuneration, social security and pensions62€166k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k
Other operating charges640/8€1k
Gross operating margin9900€276k
Operating profit (loss)9901€50k
Financial income75/76B€95
Recurring financial income75€95
Financial charges65/66B€13k
Recurring financial charges65€13k
Profit (loss) for the period before taxes9903€37k
Income taxes67/77€3k
Profit (loss) for the period9904€34k
Profit (loss) for the period to be appropriated9905€34k
Appropriation of the result
Profit (loss) to be appropriated9906€34k
Transfer to equity691/2€34k
To other reserves6921€34k
Social balance
Average headcount (FTE)90873.4
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2023
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.
Wolterslaan 1329000 GentGround area
148 m²
Building footprint
148 m²
Volume, LiDAR
970 m³
Parcel 44811L0012/00F005, Flanders · tallest building 13.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Wolterslaan 132, 9000 Gent
since 20232.352.181.506
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44811L0012/00F005 | Flanders | 148 m² | 1 · 148 m² | 13.2 m · 1 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
2024 to 2025 · 5 entries · 5,854 EUR awarded · 5,854 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 4,266 EUR | 4,266 EUR |
| 2024 | 2 | 1,588 EUR | 1,588 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.352.181.506
Dual-learning approval
5 live approvalsCulinair slager duaal (so)
Medewerker slagerij (vwo)
Medewerker slagerij duaal (so)
Slager-charcutier duaal (so)
Slagerij duaal (so)
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B-FRESH
BE 0725.772.707
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EURO - VIANDE
BE 0418.260.535
Virton · Eq €38k
Of 3,043 companies in sector 47221 we hold annual accounts for 1,561. 1,249 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2023
Fiscal year end30-09
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
47210Retail sale of fruit and vegetables
47222Retail trade
47271Retail trade
47291Retail trade
56210Event catering
77223Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.