Summary
PANS has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2018 annual accounts show equity of €32.3m and a net result of €718,670. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Axes, FY 2018
Profitability54
Solvency47
Growth-
Track record85
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
28 d early
2023
97 d late
2022
32 d late
2021
18 d late
2020
1 d early
2018
13 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 18 May (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2018, full schema
Turnover
€4.5m
EBIT margin
91.5%
Net result
€718,670
Working capital
-€94.9m
Balance-sheet composition
Assets €146.9m
Fixed assets
€129.3m
Current assets
€17.6m
Equity and liabilities €146.9m
Equity
€32.3m
Provisions
€722,703
Debt
€113.9m
Debt finances 77.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€4.4m
Cash flow
€1.1m
Current ratio
0.16
Quick ratio
0.14
Debt to equity
0.04
ROE
2.2%
ROA
0.5%
Interest coverage
1.38
Debt ≤ 1 year
€112.4m
Debt > 1 year
€1.4m
Income taxes
€181
Annual accounts
| Line | 2018 |
|---|---|
| Turnover70 | €4.5m |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €339,094 |
| Operating profit (loss)9901 | €4.1m |
| Recurring financial income75 | €77,953 |
| Recurring financial charges65 | €3.2m |
| Debt charges650 | €3.2m |
| Profit (loss) for the period before taxes9903 | €965,963 |
| Income taxes67/77 | €181 |
| Profit (loss) for the period9904 | €718,670 |
| Profit (loss) for the period to be appropriated9905 | €130,379 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €146.9m | |
| Fixed assets21/28 | €129.3m | |
| Tangible fixed assets22/27 | €17.3m | |
| Financial fixed assets28 | €112.0m | |
| Current assets29/58 | €17.6m | |
| Stocks and contracts in progress3 | €1.6m | |
| Amounts receivable within one year40/41 | €15.2m | |
| Cash at bank and in hand54/58 | €778,061 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €146.9m | |
| Equity10/15 | €32.3m | |
| Contributions10/11 | €8.9m | |
| Reserves13 | €23.4m | |
| Provisions and deferred taxes16 | €722,703 | |
| Amounts payable17/49 | €113.9m | |
| Amounts payable after more than one year17 | €1.4m | |
| Amounts payable within one year42/48 | €112.4m | |
| Trade debts44 | €494,929 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €718,670 |
| + Depreciation and write-downs630 | €339,094 |
| Operating cash flow (approximation) | €1.1m |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema
2025
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 97 days late
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 32 days late
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 18 days late
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
NBB filing
0 of 12 acts read
About the unread acts
We know of 12 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
12 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, Roeselare · 1 establishment unit since 1988
Ground area
2.6 ha
Building footprint
2.3 ha
Parcel 36017D0732/00T000, Flanders. Linked by address, not a title deed.
37
companies at this address
See who is registered here
1 establishment unit
NV PANS EN CO
since 19882.038.385.912
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017D0732/00T000 | Flanders | 2.6 ha | 1 · 2.3 ha | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,042 companies in sector 68203 we hold annual accounts for 6,005. 843 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-08-1984
Fiscal year end30-09
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68204Real estate activities
68310Real estate agency activities
68322Real estate appraisal on a fee or contract basis
81100Combined facilities support activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0427112675
Also
9925:BE0427112675
Registered
08-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.