Equity
€810,508 from €2.1m in 2023
Equity fell by 62% in 2 years.
PANINCOR
Lifetime
5 annual accounts with figures on one time axispeak €2.7m (2025)
€2.7m▲ 24.3%
peak €1.8m (2025)
€1.8m▲ 20.3%
peak €2.1m (2023)
€810,508▼ 27.7%
€2.4m▼ 22.6%
Board2 names since 2020
2 directors and 1 other
Documentsfilings and deeds
27-02-202627 days late
2025financial year
Gross margin from €2.2m to €2.7mDividend €2.1mEquity from €1.1m to €810,508Debts from €3.1m to €2.4mCash from €3.2m to €2.0m
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,684 companies had the same profile as PANINCOR has now. Each dot stands for 7 companies, two years later.
97.2%
were still trading
1.3%
stopped another way
1.3%
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 497,762 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 2,684 companies, not a prediction for PANINCOR. 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
Director, since 01-07-2020
Director, since 01-07-2020
- 60 sharesdeed of 06-07-2020
- 40 sharesdeed of 06-07-2020
Recent changes
Incorporation
Founders: ; · 100 shares · Appointments: (director) and (director) · published on 06-07-2020 · Gazette deed
First establishment
a vî bon Dju(du vieux bon Dieu 8, Remicourt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PANINCOR Remicourt | €3.2m | €2.7m | 25.0% | - |
| INTERNATIONAL ASSOCIATION OF OIL & GAS PRODUCERS EUROPE Woluwe-Saint-Pierre | €3.0m | €3.0m | 10.8% | 19.1 |
| payflip Deinze | €3.5m | €3.3m | 38.6% | 26.3 |
| DELCAP Brussels | €3.7m | €2.9m | 86.9% | 10.5 |
| CACTUS MGMT Group Ixelles | €3.0m | €2.4m | 63.3% | 1 |
| V-Bio Ventures Ghent | €2.6m | €2.4m | 64.2% | 4.2 |
| Eurofins Air Monitoring Belgium Nazareth-De Pinte | €2.6m | €2.8m | 11.0% | 31.9 |
These companies have the same main activity as PANINCOR: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2.6m and €3.7m, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 02-07-2020Normal situation
- Activity
- Business and other management consultancyNACE 70200and 6 others
- Establishment unit
- 2.304.425.2384350 Remicourt, since 02-07-2020
- Financial year end
- 30 June
- Peppol
- Reachable
Insights on PANINCOR
PANINCOR has existed since 2020. The present size dates from 2022. The gross margin rose that year from €595,525 to €1.2m.
The gross margin has grown every year since.
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 PANINCOR
- What is the company number of PANINCOR?
- The company number of PANINCOR is 0749.670.141. The VAT number is the same number with BE in front: BE 0749.670.141.
- Where is PANINCOR based?
- The registered office is at a vî bon Dju(du vieux bon Dieu 8, 4350 Remicourt.Company details
- What does PANINCOR do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of PANINCOR?
- PANINCOR is a private limited company (BV).
- When was PANINCOR founded?
- PANINCOR was founded on 02-07-2020.
- Is PANINCOR still active?
- Yes, PANINCOR is an active enterprise in the KBO register.
- What is the turnover of PANINCOR?
- The turnover in financial year 2025 is ≈ €5.1m. This figure is estimated from the gross margin of €2.7m and 36 comparable companies (NACE 70200). It probably lies between €3.6m and €6.6m.Financials
- Is PANINCOR profitable?
- In financial year 2025, PANINCOR made a profit of €1.8m.
- Where can I find the annual accounts of PANINCOR?
- PANINCOR filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PANINCOR due?
- PANINCOR must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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