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PANO-EXTRA

Active
Private limited companyfounded 20223 yrs activeFrans van Kalkenlaan 9, 1070 Anderlecht, BelgiumKBO/BCE: BE 0792.161.485
Summary

The computed 12-month bankruptcy probability of PANO-EXTRA is 21.5% (high). The annual accounts of PANO-EXTRA for fiscal year 2024 show a net loss of 66% of total assets and of 88% of the equity at the start of that year. The 2024 annual accounts show equity of €23,550 and a net result of -€174,437. Its solvency ranks better than 21% of 6720 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency34▼-38
Growth32
Track record86
Bankruptcy probability, 12 months
21.5% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.81 against 1.59 in 2023; short-term debt: 91.1% and cash: 0.5% of total assets), and 91.1% of the assets are financed with debt.
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Signals

Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
8.9%
Return on assets
-65.9%
Age of the figures
21 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 6720 sector peers (2024).
NBB · sector comparison
Position among 6720 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
70 d late
2023
69 d late
2022
32 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 57 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

PANO-EXTRA was incorporated on 7 October 2022 as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€23,550▼ 88.1%
2023 · €197,987
Total assets
€264,607▼ 36.6%
2023 · €417,381
Net result
-€174,437
2023 · €197,987
Working capital
-€45,890
2023 · €128,547
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€198,157-€126,479
Net result€197,987above the sector's middle half-€174,437below the sector's middle half
Equity€197,987above the sector's middle half€23,550within the sector's middle half▼ 88.1%
Total assets€0below the sector's middle half-€417,381above the sector's middle half▲ 4,173,812,000%€264,607above the sector's middle half▼ 36.6%
Debt€0-€219,394▲ 2,193,944,600%€241,057▲ 9.9%
Working capital€0within the sector's middle half-€128,547above the sector's middle half-€45,890below the sector's middle half
Solvency47.4%within the sector's middle half8.9%below the sector's middle half▼ 38.5pp
Current ratio1.59within the sector's middle half0.81within the sector's middle half▼ 0.78
Return on assets (ROA)47.4%above the sector's middle half-65.9%below the sector's middle half▼ 113.4pp
Staff (FTE)2024.3▲ 21.5%
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000€200,000Operating result 2023: €198,157€198,157Net result 2023: €197,987€197,987Operating result 2024: -€126,479-€126,479Net result 2024: -€174,437-€174,437202220232024-€200,000-€100,000€0€100,000€200,000Operating result 2023: €198,157€198,000Net result 2023: €197,987€198,000Operating result 2024: -€126,479-€126,000Net result 2024: -€174,437-€174,000202220232024
The operating result turns negative in 2024: a loss of €126,479 after €198,157 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €264,607
Fixed assets €69,440 =
Current assets €195,167 ▼ 43.9%
Equity and liabilities €264,607
Equity €23,550 ▼ 88.1%
Debt €241,057 ▲ 9.9%
Debt's share of the balance-sheet total rises from 52.6% to 91.1%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
10.24▲
2023 · 1.11
ROE
-740.7%▼
2023 · 100.0%
Debt ≤ 1 year
€241,057▲
2023 · €219,394
Income taxes
€45,417
Staff costs
€746,206▲
2023 · €690,328
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 451 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 87% are still going.

  • Small
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
  • without age
5.8% went bankrupt
5.1% stopped otherwise
87% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 21.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 451 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 31 lines
Balance sheet Code20232024
Assets
Total assets20/58€417,381€264,607▼
Fixed assets21/28€69,440€69,440=
Financial fixed assets28€69,440€69,440=
Current assets29/58€347,941€195,167▼
Amounts receivable within one year40/41€344,799€193,926▼
Trade receivables40€344,799€192,155▼
Other amounts receivable41-€1,771
Cash at bank and in hand54/58€3,142€1,241▼
Equity and liabilities
Total equity and liabilities10/49€417,381€264,607▼
Equity10/15€197,987€23,550▼
Profit (loss) carried forward14€197,987€23,550▼
Amounts payable17/49€219,394€241,057▲
Amounts payable within one year42/48€219,394€241,057▲
Trade debts44€66,025€133,051▲
Suppliers440/4€66,025€133,051▲
Taxes, remuneration and social security45€149,531€108,006▼
Taxes450/3€49,960€76,616▲
Remuneration and social security454/9€99,570€31,390▼
Other amounts payable47/48€3,839-
Income statement Code20232024
Remuneration, social security and pensions62€690,328€746,206▲
Other operating charges640/8€3,679€10,783▲
Gross operating margin9900€892,165€630,510▼
Operating profit (loss)9901€198,157-€126,479▼
Financial charges65/66B€171€2,541▲
Recurring financial charges65€171€2,541▲
Profit (loss) for the period before taxes9903€197,987-€129,020▼
Income taxes67/77-€45,417
Profit (loss) for the period9904€197,987-€174,437▼
Profit (loss) for the period to be appropriated9905€197,987-€174,437▼
Appropriation of the result
Profit (loss) to be appropriated9906€197,987€23,550▼
Profit (loss) brought forward from the previous period14P-€197,987

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Remuneration, social security and pensions62-€690,328€746,206▲ 8.1%
Other operating charges640/8-€3,679€10,783▲ 193%
Gross operating margin9900-€892,165€630,510▼ 29.3%
Operating profit (loss)9901-€198,157-€126,479▼ 164%
Financial charges65/66B-€171€2,541▲ 1,388%
Recurring financial charges65-€171€2,541▲ 1,388%
Profit (loss) for the period before taxes9903-€197,987-€129,020▼ 165%
Income taxes67/77--€45,417-
Profit (loss) for the period9904-€197,987-€174,437▼ 188%
Profit (loss) for the period to be appropriated9905-€197,987-€174,437▼ 188%
Line202220232024Change
Assets
Total assets20/58€0€417,381€264,607▼ 36.6%
Fixed assets21/28-€69,440€69,440=
Financial fixed assets28-€69,440€69,440=
Current assets29/58€0€347,941€195,167▼ 43.9%
Amounts receivable within one year40/41-€344,799€193,926▼ 43.8%
Trade receivables40-€344,799€192,155▼ 44.3%
Other amounts receivable41--€1,771-
Cash at bank and in hand54/58€0€3,142€1,241▼ 60.5%
Equity and liabilities
Total equity and liabilities10/49€0€417,381€264,607▼ 36.6%
Equity10/15-€197,987€23,550▼ 88.1%
Profit (loss) carried forward14-€197,987€23,550▼ 88.1%
Amounts payable17/49€0€219,394€241,057▲ 9.9%
Amounts payable within one year42/48€0€219,394€241,057▲ 9.9%
Trade debts44-€66,025€133,051▲ 102%
Suppliers440/4-€66,025€133,051▲ 102%
Taxes, remuneration and social security45-€149,531€108,006▼ 27.8%
Taxes450/3-€49,960€76,616▲ 53.4%
Remuneration and social security454/9-€99,570€31,390▼ 68.5%
Other amounts payable47/48€0€3,839--
Line202220232024Change
Profit (loss) for the period9904-€197,987-€174,437▼ 188%
Operating cash flow (approximation)-€197,987-€174,437▼ 188%
Investment in fixed assets (approximation)--€0-
Change in cash-€3,142-€1,900▼ 160%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
09-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
12-05
KBO administration Address struck
2024
08-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
SignalNBB filing
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
8 acts for this company are 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, Anderlecht · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
5,626 m²
Building footprint
2,677 m²
Volume, LiDAR
21,072 m³
2 parcels, Brussels, Flanders · tallest building 40.0 m, ±2 floors. Linked by address, not a title deed.
185 companies at this address See who is registered here
1 establishment unit
PANO-EXTRA
Edingsesteenweg 133, 9402 NinoveWarehousing and support activities for transportation
since 20222.351.364.132
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
41038A0559/00W000 Flanders 3,314 m² 1 · 953 m² 8.0 m · 2 fl.
21306D0325/00F000 Brussels 2,312 m² 1 · 1,725 m² 40.0 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 5,179 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:0792161485
Also 9925:BE0792161485
Registered 26-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.