PANOBIRDS
ActiveFrom the official registers: KBO 12 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of PANOBIRDS is 1.6% (moderate). The 2025 annual accounts show negative equity (-€85,110) and a net result of -€31,246. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 4,339 sector peers (NACE 74, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 17-07-2013 Normal situation
- Activity
- Other photographic activities NACE 74209
- Establishment unit
- 2.220.731.460 8570 Anzegem, since 17-07-2013
- Financial year end
- 30 September
- Peppol
- Reachable since 31-10-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Gross margin
- -€17,607
- ▼ 427%
- Loss
- €31,246
- ▲ 92.3%
- Equity
- -€85,110
- ▼ 58.0%
- Total assets
- €36,162
- ▼ 6.8%
Score breakdownraises riskLoss of €31,246, the second in a row (financial year 2025)Negative equity -€85,110Liquidity: current ratio 0.04lowers riskSize: total assets €36,162Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 74, micro). It does better than 5% of them on solvency, 1% on liquidity, 7% on profitability and 11% 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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Signals
The company filed its last 7 accounts on average 52 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€85,110 View
- Risk: 5 loss-making years in a rowloss in financial year 2025 -€31,246 View
- Caution: Lower solvency than 95% of companies in other professional activitiessector median 49.8% · 4,339 companies -235.4% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Comparable companies
These companies have the same main activity as PANOBIRDS: other photographic activities (NACE 74209). They are comparable in size and age: total assets between €19,600 and €57,700, founded between 2008 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| PANOBIRDS Anzegem | €36,162 | -€17,607 |
| 3Dimage Chaumont-Gistoux | €30,873 | -€32,300 |
| FORZA ! MEDIA Sint-Genesius-Rode | €40,930 | -€21,487 |
| STUDIO 76 Jette | €57,737 | -€127 |
| EC SOLUTIONS Rendeux | €30,651 | -€7,524 |
| DUBOIS-DUBOIS Brussel | €19,644 | -€835 |
| LESS IS MORE STUDIO Schaarbeek | €43,806 | €2,323 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 19-03-2026
- Annual accounts 2024filed on 05-03-2025
- Annual accounts 2023filed on 06-03-2024
- Annual accounts 2022filed on 01-03-2023
Acts in the Belgian Official Gazette
- Registered office · Amendment of the articles · Legal-form change · Resignations & appointmentsact of 18-04-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about PANOBIRDS
- What is the company number of PANOBIRDS?
- The company number of PANOBIRDS is 0536.743.659. The VAT number is the same number with BE in front: BE 0536.743.659.
- Where is PANOBIRDS based?
- The registered office is at Pastoor Verrieststraat 109, 8570 Anzegem.Company details
- What does PANOBIRDS do?
- According to the KBO register, the main activity is other photographic activities (NACE 74209).
- What is the legal form of PANOBIRDS?
- The legal form of PANOBIRDS is Private limited company (BV).
- When was PANOBIRDS founded?
- PANOBIRDS was founded on 17-07-2013.
- Is PANOBIRDS still active?
- Yes, PANOBIRDS is an active enterprise in the KBO register.
- What is the turnover of PANOBIRDS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is PANOBIRDS profitable?
- In financial year 2025, PANOBIRDS made a loss of €31,246.
- Where can I find the annual accounts of PANOBIRDS?
- PANOBIRDS filed 12 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 PANOBIRDS due?
- PANOBIRDS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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