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PANIX

Active Public limited companyfounded 2016active for 9 yearsPaul Gilsonlaan 504, 1620 DrogenbosKBO/BCE: BE 0667.601.906

Lifetime

9 annual accounts with figures on one time axis
peak €1.1m (2023)
€516,999▼ 23.4%
peak €402,234 (2023)
€83,670▼ 36.0%
peak €243,865 (2025)
€243,865▲ 1.5%
€740,565▼ 9.5%
peak 8 FTE (2020)
7 FTE▼ 12.5%
Board8 names since 2016
4 directors and 3 others
Documentsfilings and deeds
05-07-202626 days before the deadline
2025abbreviated format
Gross margin from €674,955 to €516,999Result from €130,832 to €83,670Staff from 8 FTE to 7 FTEDividend €80,000

Key points

from the 2025 annual accounts

Equity

€243,865 ▲ 1.5%
240,1952024+83,670Profit-80,000Dividend243,8652025

PANIX paid out €80,000 in dividends. That is 96% of the 2025 profit.

Debts

€740,565 75% of the balance sheet
Suppliers 22%Taxes and wages 0%Other 78%

Filings

9 annual accounts since 2017
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 25 to 42 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

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

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Signals

Board and ownership

Managing director
Director,
Director
Director
  • equity €987,625 (2025) · deed of 07-07-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0667601906
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
Incorporation Founders: , , and 1 other · Founding capital of €100,000, 1,000 shares · Appointments: (chair of the board), , (vice voorzitter raad van bestuur) and · published on 13-12-2016 · Gazette deed
First establishment IXINA, Paul Gilsonlaan 504, Drogenbos
All 17 events

Comparable companies

same main activity, similar in size and age
Company
PANIX Drogenbos €1.0m €516,999 24.8% 7
CUISIBRAS Charleroi €1.0m €554,807 5.0% 5.6
ML TEAM Waterloo €1.1m €534,014 27.2% 5.4
PICOBELLO KEUKEN EN INTERIEUR Antwerp €1.2m €459,804 15.5% 8.8
HERBO PROJECTS Wijnegem €1.1m €416,393 6.0% 6.1
CUISINES-IMMO Le Roeulx €1.2m €799,182 42.8% 5.7
M CREATION Mons €0.9m €518,715 1.1% 8.1

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.

Official details

Source: KBO
Status
Active since 09-12-2016Normal situation
Activity
Retail sale of household furnitureNACE 47551and 4 others
Establishment unit
2.259.361.4141620 Drogenbos, since 09-12-2016
Financial year end
31 December
Peppol
Reachable since 23-12-2025
Company details

Annual accounts 2025

≈ €2.7mestimated
€984,430▼ 7.0%
Filing
Filed on 05-07-2026, 26 days before the end of the filing period
Financials

Insights on PANIX

PANIX files the abbreviated format. That format states no turnover. The gross margin fell from €616,988 in 2017 to €516,999 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 PANIX

What is the company number of PANIX?
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

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