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PANNEKOEK JOZEF

Active
Private limited companyfounded 1985active for 41 yearsLedebaan 4B, 9260 Wichelen, BelgiumKBO/BCE: BE 0427.391.995

From the official registers: KBO 41 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

PANNEKOEK JOZEF has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169,724 and a net result of -€24,500. Equity has been shrinking by about 6.7% per year since 2018. Its solvency ranks better than 68% of 9,380 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

KBO
Status
Active since 20-05-1985 Normal situation
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.027.108.374 9260 Wichelen, since 20-05-1985
Financial year end
31 December
Peppol
Reachable since 18-12-2025

Board and ownership

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€431
Turnover
≈ €5,200
estimated
Loss
€24,500
▼ 8.1%
Equity
€169,724
▼ 12.6%
Total assets
€281,922
▼ 12.6%
Staff
3 FTE
▼ 25.0%
Filed on 10-06-2026, 51 days before the deadlinePDF
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Loss of €24,500, the second in a row (financial year 2025)lowers riskFounded in 1985Size: total assets €281,922Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 35% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 85=
equity 60.2% of total assets
Liquidity 39-10
short-term debt 30.1% · cash 1.4%
Profitability 8=
return on assets -8.7%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,451 companies, NACE 41, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.6 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.45 (0.76 in 2024), below 1. Short-term debt is 30.1% and cash 1.4% of total assets. 39.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 69% of them on solvency, 35% on liquidity, 12% on profitability and 23% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Loss of €24,500, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €281,922
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€24,500
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 days early
2024
45 days early
2023
47 days early
2022
24 days early
2021
45 days early
2020
22 days early
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 92% of companies in construction of buildingssector median €8,543 · 9,370 companies -€24,500 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€24,500 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

Comparable companies

These companies have the same main activity as PANNEKOEK JOZEF: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €233,000 and €325,000, founded between 1977 and 1989.

CompanyTotal assetsGross margin
PANNEKOEK JOZEF Wichelen€281,922€431
BOUWBEDRIJF P. VAN HAUWERMEIREN Sint-Niklaas€234,977-€2,418
COCQUYT C. en S. Aalter€258,157-€4,864
JE.BE. Geel€317,497-€13,341
DELAMOT FARM Izegem€313,503€703
ALGEMEEN BOUW COMFORT VILLA Hasselt€233,487-€7,274
Vennootschap van de Hoeve van de Golf - Société de la Ferme du Golf Hoeilaart€324,949-€6,583
Full comparison

Documents

Annual accounts at the NBB

All 41 annual accounts

Articles and registers

Key facts about PANNEKOEK JOZEF

What is the company number of PANNEKOEK JOZEF?
The company number of PANNEKOEK JOZEF is 0427.391.995. The VAT number is the same number with BE in front: BE 0427.391.995.
Where is PANNEKOEK JOZEF based?
The registered office is at Ledebaan 4B, 9260 Wichelen.Company details
What does PANNEKOEK JOZEF do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of PANNEKOEK JOZEF?
The legal form of PANNEKOEK JOZEF is Private limited company (BV).
When was PANNEKOEK JOZEF founded?
PANNEKOEK JOZEF was founded on 20-05-1985.
Is PANNEKOEK JOZEF still active?
Yes, PANNEKOEK JOZEF is an active enterprise in the KBO register.
How many employees does PANNEKOEK JOZEF have?
PANNEKOEK JOZEF had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PANNEKOEK JOZEF?
The turnover in financial year 2025 is ≈ €5,200. This figure is estimated from the gross margin of €431 and 268 comparable companies (NACE 41001). It probably lies between €2,700 and €9,400. It is a rough estimate.
Is PANNEKOEK JOZEF profitable?
In financial year 2025, PANNEKOEK JOZEF made a loss of €24,500.
Where can I find the annual accounts of PANNEKOEK JOZEF?
PANNEKOEK JOZEF filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of PANNEKOEK JOZEF due?
PANNEKOEK JOZEF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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