Pantar
ActiveSummary
Pantar is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (€-30k) and a net result of €-80k. Equity is shrinking by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 8% of 3323 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 3323 sector peers (2024).
NBB · sector comparisonPosition among 3323 sector peers
Solvency
better than 8%
← 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 30-09-2025, 61 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
3 d early
2021
78 d late
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
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 publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€-30k
2023 · €51k
2018: €733k
2019: €713k
2020: €873k
2021: €1.06M
2022: €125k
2023: €51k
2018 → 2024
Net result
€-80k▼ 7.4%
2023 · €-75k
2018: €470k
2019: €-26k
2020: €420k
2021: €188k
2022: €105k
2023: €-75k
2018 → 2024
Total assets
€606k▼ 8.5%
2023 · €662k
2018: €1.25M
2019: €1.22M
2020: €1.75M
2021: €1.94M
2022: €1.11M
2023: €662k
2018 → 2024
Solvency
-4.9%▼ 12.5pp
2023 · 7.7%
2018: 58.7%
2019: 58.4%
2020: 50.0%
2021: 54.6%
2022: 11.3%
2023: 7.7%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€873k-€1.06M▲ 21.5%€125k▼ 88.2%€51k▼ 59.6%€-30k
Operating result€550k-€224k▼ 59.4%€111k▼ 50.1%€-60k€-50k▲ 17.2%
Net result€420k-€188k▼ 55.2%€105k▼ 44.4%€-75k€-80k▼ 7.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €50k in 2024 against €60k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €606k
Fixed assets
€570k ▼ 6.7%
Current assets
€36k ▼ 29.9%
Key figures and ratios
ROA
-13.2%▼
2023 · -11.3%
Debt
€635k▲
2023 · €611k
Debt ≤ 1 year
€220k▲
2023 · €128k
Debt > 1 year
€415k▼
2023 · €483k
Income taxes
€387▼
2023 · €399
Staff costs
€9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€662k€606k▼
Fixed assets21/28€611k€570k▼
Tangible fixed assets22/27€605k€569k▼
Land and buildings22€512k€481k▼
Furniture and vehicles24€30k€25k▼
Other tangible fixed assets26€63k€63k=
Financial fixed assets28€6k€1k▼
Current assets29/58€51k€36k▼
Amounts receivable within one year40/41€50k€35k▼
Trade receivables40€0€32k▲
Other amounts receivable41€50k€3k▼
Cash at bank and in hand54/58€770€465▼
Deferred charges and accrued income490/1€115€118▲
Equity and liabilities
Total equity and liabilities10/49€662k€606k▼
Equity10/15€51k€-30k▼
Contributions10/11€19k€19k=
Reserves13€32k€0▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€30k€0▼
Profit (loss) carried forward14€0€-48k▼
Amounts payable17/49€611k€635k▲
Amounts payable after more than one year17€483k€415k▼
Financial debts170/4€483k€415k▼
Amounts payable within one year42/48€128k€220k▲
Current portion of amounts payable after more than one year42€69k€69k▼
Trade debts44€14k€21k▲
Suppliers440/4€14k€21k▲
Taxes, remuneration and social security45€23k€8k▼
Taxes450/3€23k€1k▼
Remuneration and social security454/9-€7k
Other amounts payable47/48€22k€122k▲
Accrued charges and deferred income492/3€0€212▲
Income statement
Code20232024
Remuneration, social security and pensions62-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€37k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€-21k€-1k▲
Operating profit (loss)9901€-60k€-50k▲
Financial income75/76B€5k€7k▲
Recurring financial income75€5k€183▼
Non-recurring financial income76B-€7k
Financial charges65/66B€19k€37k▲
Recurring financial charges65€19k€26k▲
Non-recurring financial charges66B€0€11k▲
Profit (loss) for the period before taxes9903€-74k€-80k▼
Income taxes67/77€399€387▼
Profit (loss) for the period9904€-75k€-80k▼
Profit (loss) for the period to be appropriated9905€-75k€-80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-75k€-80k▼
Transfer from equity791/2€75k€32k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-80k
Net result drops to €-80k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
15-12
KBO administration
Address struck
Louizalaan 523 1050 Die Sitzadresse Avenue Louise 523 1050
Ixelles · event 21-02-2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
31-12
Financial
Equity above €1MEq €1.06M ▲21.5%
2 profitable years in a row build equity to €1.06M.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €420k
Net result €420k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
19-04
State Gazette act
Board meeting · General meeting
Registered-office move · Director resignation
2017
05-01
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Elsene · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 5231050 ElseneGround area
3,529 m²
Building footprint
1,878 m²
Volume, LiDAR
44,063 m³
Parcel 21822R0226/00W011, Brussels · tallest building 38.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Pantar
since 20162.257.862.268
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Warrant
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Of 1,507 companies in sector 66199 we hold annual accounts for 917. 551 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.