The last five annual accounts were filed 25 to 42 days before the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 6,712 companies had the same profile as PANIX has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Micro
5 to 10 years old
solvency 10 to 30%
a profit of 5% of the balance sheet or more
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.
The companies in ten equal groups, from the lowest to the highest expected share
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 6,712 companies, not a prediction for PANIX. 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0667601906
3 directors appointed, 4 resignations
Resignations: Hidden nameVisible after signing in (managing director and chair of the board); Name after signing inVisible after signing in (gedelegeerd bestuurder, vice voorzitter raad van bestuur); Name hiddenVisible after signing in and Hidden nameVisible after signing in · Appointments: Name after signing inVisible after signing in (afgevaardigd bestuurder, vice voorzitter raad van bestuur); Name hiddenVisible after signing in (director and chair of the board) and Hidden nameVisible after signing in · Director discharge: Name after signing inVisible after signing in · General meeting of 15-06-2021 · Gazette deed
Incorporation
Founders: Name hiddenVisible after signing in, Hidden nameVisible after signing in, Name after signing inVisible after signing in and 1 other · Founding capital of €100,000, 1,000 shares · Appointments: Name hiddenVisible after signing in (chair of the board), Hidden nameVisible after signing in, Name after signing inVisible after signing in (vice voorzitter raad van bestuur) and Name hiddenVisible after signing in · published on 13-12-2016 · Gazette deed
First establishment
IXINA, Paul Gilsonlaan 504, Drogenbos
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as PANIX: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €912,000 and €1.2m, founded between 2014 and 2020.
The company number of PANIX is 0667.601.906. The VAT number is the same number with BE in front: BE 0667.601.906.
Where is PANIX based?
The registered office is at Paul Gilsonlaan 504, 1620 Drogenbos.Company details
What does PANIX do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of PANIX?
PANIX is a public limited company (NV).
When was PANIX founded?
PANIX was founded on 09-12-2016.
Is PANIX still active?
Yes, PANIX is an active enterprise in the KBO register.
How many employees does PANIX have?
PANIX had an average of 7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PANIX?
The turnover in financial year 2025 is ≈ €2.7m. This figure is estimated from the gross margin of €516,999 and 31 comparable companies (NACE 475). It probably lies between €1.7m and €4.2m.
Is PANIX profitable?
In financial year 2025, PANIX made a profit of €83,670.
Where can I find the annual accounts of PANIX?
PANIX filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PANIX due?
PANIX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline