PANTOON
ActiveSummary
PANTOON has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €20,512. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 8161 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+6
Solvency98▲+5
Growth35=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160,000 at 30 days acceptable
Liquidity ample (current ratio 3.49 against 2.87 in 2024; short-term debt: 26.6% and cash: 20.3% of total assets), and 26.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.1%
Return on assets
0.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
7 d early
2023
26 d late
2022
3 d early
2021
18 d early
2020
1 d early
2019
54 d late
← 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 5 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 July (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
€9.6m▼ 14.5%
2018 · €11.3m
EBIT margin
1.4%▼ 0.2pp
2018 · 1.5%
Net result
€20,512
2024 · -€8,069
Working capital
€1.8m▲ 3.2%
2024 · €1.8m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Turnover
Operating result€191,656▲ 51.6%€185,658▼ 3.1%€267,206▲ 43.9%€8,989▼ 96.6%€41,363▲ 360%
Net result€111,623within the sector's middle half€168,314within the sector's middle half▲ 50.8%€185,934above the sector's middle half▲ 10.5%-€8,069below the sector's middle half€20,512within the sector's middle half
EBIT margin
Equity€1.6mabove the sector's middle half▲ 7.3%€1.8mabove the sector's middle half▲ 10.3%€2.0mabove the sector's middle half▲ 10.3%€2.0mabove the sector's middle half▼ 0.4%€2.0mabove the sector's middle half▲ 1.0%
Total assets€2.8mabove the sector's middle half▼ 1.4%€2.8mabove the sector's middle half▲ 1.7%€2.9mabove the sector's middle half▲ 5.1%€2.9mabove the sector's middle half▼ 0.9%€2.7mabove the sector's middle half▼ 6.2%
Debt€1.1m▼ 11.8%€1.0m▼ 10.8%€957,541▼ 4.3%€939,596▼ 1.9%€738,705▼ 21.4%
Working capital€1.4mabove the sector's middle half▲ 10.7%€1.7mabove the sector's middle half▲ 20.9%€1.8mabove the sector's middle half▲ 7.8%€1.8mabove the sector's middle half▼ 4.2%€1.8mabove the sector's middle half▲ 3.2%
Solvency59.3%within the sector's middle half▲ 4.8pp64.3%above the sector's middle half▲ 5.0pp67.5%above the sector's middle half▲ 3.2pp67.8%within the sector's middle half▲ 0.3pp73.1%above the sector's middle half▲ 5.2pp
Current ratio2.29within the sector's middle half▲ 0.242.72within the sector's middle half▲ 0.432.93within the sector's middle half▲ 0.212.87within the sector's middle half▼ 0.063.49above the sector's middle half▲ 0.62
Return on assets (ROA)4.0%within the sector's middle half▲ 4.6pp6.0%within the sector's middle half▲ 2.0pp6.3%within the sector's middle half▲ 0.3pp-0.3%below the sector's middle half▼ 6.6pp0.7%within the sector's middle half▲ 1.0pp
Staff (FTE)16above the sector's middle half▼ 4.8%14.5above the sector's middle half▼ 9.4%13.1above the sector's middle half▼ 9.7%12.4above the sector's middle half▼ 5.3%10.3above the sector's middle half▼ 16.9%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 360% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€203,079 ▼ 10.6%
Current assets
€2.5m ▼ 5.8%
Equity and liabilities €2.7m
Equity
€2.0m ▲ 1.0%
Debt
€738,705 ▼ 21.4%
Debt's share of the balance-sheet total falls from 32.2% to 26.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€109,173▲
2024 · €74,150
Cash flow
€88,323▲
2024 · €57,092
Quick ratio
2.67▲
2024 · 2.37
Debt to equity
0.37▼
2024 · 0.47
ROE
1.0%▲
2024 · -0.4%
Interest coverage
13.37▲
2024 · 5.42
Debt ≤ 1 year
€727,873▼
2024 · €939,596
Debt > 1 year
€10,832
Income taxes
€15,342▲
2024 · €5,388
Staff costs
€826,660▼
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 14,732 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,800 | €8,241 | €31,352 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €1.1m | €1.1m | €1.1m | €1.1m | €826,660 | ▼ 22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €152,805 | €92,777 | €69,157 | €65,161 | €67,811 | ▲ 4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €9,595 | -€772 | €15,086 | -€17,777 | -€2,804 | ▲ 84.2% |
| Other operating charges640/8 | €5,187 | €12,655 | €10,560 | €13,282 | €9,375 | ▼ 29.4% |
| Non-recurring operating charges66A | €59,823 | €3,856 | €53,181 | €0 | €6,726 | - |
| Gross operating margin9900 | €1.5m | €1.4m | €1.5m | €1.1m | €949,131 | ▼ 16.4% |
| Operating profit (loss)9901 | €191,656 | €185,658 | €267,206 | €8,989 | €41,363 | ▲ 360% |
| Financial income75/76B | €2,064 | €61,475 | €2,572 | €2,019 | €2,657 | ▲ 31.6% |
| Recurring financial income75 | €2,064 | €61,475 | €2,572 | €2,019 | €2,657 | ▲ 31.6% |
| Financial charges65/66B | €8,182 | €17,657 | €9,390 | €13,689 | €8,165 | ▼ 40.4% |
| Recurring financial charges65 | €8,182 | €17,657 | €9,390 | €13,689 | €8,165 | ▼ 40.4% |
| Profit (loss) for the period before taxes9903 | €185,538 | €229,476 | €260,388 | -€2,681 | €35,854 | ▲ 1,437% |
| Income taxes67/77 | €73,915 | €61,162 | €74,454 | €5,388 | €15,342 | ▲ 185% |
| Profit (loss) for the period9904 | €111,623 | €168,314 | €185,934 | -€8,069 | €20,512 | ▲ 354% |
| Transfer from tax-exempt reserves789 | €33,750 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €145,373 | €168,314 | €185,934 | -€8,069 | €20,512 | ▲ 354% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.8m | €2.8m | €2.9m | €2.9m | €2.7m | ▼ 6.2% |
| Fixed assets21/28 | €258,335 | €113,861 | €166,494 | €227,032 | €203,079 | ▼ 10.6% |
| Intangible fixed assets21 | €86,295 | €36,761 | €9,028 | €13,196 | €7,789 | ▼ 41.0% |
| Tangible fixed assets22/27 | €117,397 | €74,026 | €154,391 | €210,762 | €192,215 | ▼ 8.8% |
| Plant, machinery and equipment23 | €2,445 | €1,541 | €2,598 | €1,341 | €444 | ▼ 66.9% |
| Furniture and vehicles24 | €114,697 | €72,485 | €151,794 | €195,001 | €176,289 | ▼ 9.6% |
| Other tangible fixed assets26 | €255 | €0 | - | €14,419 | €15,482 | ▲ 7.4% |
| Financial fixed assets28 | €54,643 | €3,074 | €3,074 | €3,074 | €3,074 | = |
| Current assets29/58 | €2.5m | €2.7m | €2.8m | €2.7m | €2.5m | ▼ 5.8% |
| Stocks and contracts in progress3 | €541,966 | €541,648 | €473,903 | €467,342 | €595,943 | ▲ 27.5% |
| Stocks30/36 | €541,966 | €541,648 | €473,903 | €467,342 | €595,943 | ▲ 27.5% |
| Amounts receivable within one year40/41 | €1.1m | €1.3m | €1.3m | €1.1m | €1.4m | ▲ 21.2% |
| Trade receivables40 | €1.1m | €1.3m | €1.3m | €1.1m | €1.1m | ▲ 0.4% |
| Other amounts receivable41 | €15,046 | €22,678 | €9,768 | €44,612 | €280,833 | ▲ 529% |
| Cash at bank and in hand54/58 | €824,059 | €796,243 | €1.0m | €1.1m | €555,882 | ▼ 48.2% |
| Deferred charges and accrued income490/1 | €14,177 | €12,423 | €13,442 | €20,145 | €12,005 | ▼ 40.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.8m | €2.8m | €2.9m | €2.9m | €2.7m | ▼ 6.2% |
| Equity10/15 | €1.6m | €1.8m | €2.0m | €2.0m | €2.0m | ▲ 1.0% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Capital10 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Issued capital100 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Reserves13 | €31,250 | €31,250 | €31,250 | €31,250 | €31,250 | = |
| Non-distributable reserves130/1 | €6,250 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Legal reserve130 | €6,250 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | €1.5m | €1.7m | €1.9m | €1.9m | €1.9m | ▲ 1.1% |
| Amounts payable17/49 | €1.1m | €1.0m | €957,541 | €939,596 | €738,705 | ▼ 21.4% |
| Amounts payable after more than one year17 | €20,069 | €1,279 | €0 | - | €10,832 | - |
| Financial debts170/4 | €20,069 | €1,279 | €0 | - | €10,832 | - |
| Amounts payable within one year42/48 | €1.1m | €990,377 | €948,687 | €939,596 | €727,873 | ▼ 22.5% |
| Current portion of amounts payable after more than one year42 | €30,990 | €18,790 | €1,279 | €0 | €9,693 | - |
| Trade debts44 | €720,348 | €649,182 | €601,926 | €656,976 | €541,536 | ▼ 17.6% |
| Suppliers440/4 | €720,348 | €649,182 | €601,926 | €656,976 | €541,536 | ▼ 17.6% |
| Taxes, remuneration and social security45 | €341,598 | €322,404 | €345,482 | €282,619 | €176,644 | ▼ 37.5% |
| Taxes450/3 | €143,858 | €127,883 | €160,870 | €133,997 | €90,703 | ▼ 32.3% |
| Remuneration and social security454/9 | €197,741 | €194,522 | €184,612 | €148,622 | €85,941 | ▼ 42.2% |
| Other amounts payable47/48 | €0 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €8,854 | €8,854 | €8,854 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €111,623 | €168,314 | €185,934 | -€8,069 | €20,512 | ▲ 354% |
| + Depreciation and write-downs630 | €152,805 | €92,777 | €69,157 | €65,161 | €67,811 | ▲ 4.1% |
| Operating cash flow (approximation) | €264,428 | €261,091 | €255,091 | €57,092 | €88,323 | ▲ 54.7% |
| Investment in fixed assets (approximation) | - | €51,697 | -€121,790 | -€125,699 | -€43,858 | ▲ 65.1% |
| Change in cash | - | -€27,816 | €226,926 | €50,248 | -€517,535 | ▼ 1,130% |
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
04-09
State Gazette act
Capital & shares1 fact ▸
State Gazette act
Capital & shares
1 fact ▸
- Other statement, 25-06-2026
01-07
State Gazette act
Resignations: Mevr. Maria Agterberg, Dhr. Laurentius Hooft and Tuybau BVPermanent representative: dhr. Raf Thibaut · Appointments: Dhr. Henk Abma (director) and Dhr. Andrew Wighton (director) · Power of attorney16 facts ▸
State Gazette act
Resignations: Mevr. Maria Agterberg, Dhr. Laurentius Hooft and Tuybau BV
Permanent representative: dhr. Raf Thibaut · Appointments: Dhr. Henk Abma (director) and Dhr. Andrew Wighton (director) · Power of attorney16 facts ▸
- General meeting, 01-06-2026
- Director resignation, Mevr. Maria Agterberg (director)
- Director resignation, Dhr. Laurentius Hooft (director)
- Director resignation, Tuybau BV (director)
- Permanent representative, dhr. Raf Thibaut (permanent representative)
- Director appointment, Dhr. Henk Abma (director)
- Director appointment, Dhr. Andrew Wighton (director)
- Power of attorney, Tom Van Baeveghem
- Power of attorney, Benjamin Callewaert
- Power of attorney, Quinten Smits
- Power of attorney, Wim Dedecker
- Board meeting, 01-06-2026
- +4 further facts in this act
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €20,512
Net result €20,512 after one loss-making year.
31-12
Financial
Equity above €2mEq €2.0m ▲1%
Equity rises from €2.0m to €2.0m.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €185,934 ▲10.5%
Operating result €267,206, net result €185,934, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €111,623
Net result €111,623 after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
31-12
Financial
Weakest financial yearnet -€16,754
Net result drops to -€16,754, the lowest in the series; recovery starts the following year.
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 54 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 14 acts read
About the unread acts
Of the 14 Belgian State Gazette acts we know for this company, 2 have been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 directors, 2 in day-to-day management, last change in 2026
Board 2
Dhr. Andrew Wighton
CurrentDirector · since 01-07-2026
Dhr. Henk Abma
CurrentDirector · since 01-07-2026
Day-to-day management 2
Dhr. Andrew Wighton
CurrentDay-to-day manager · since 01-07-2026
Dhr. Henk Abma
CurrentDay-to-day manager · since 01-07-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
12 of this company's 14 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 2000
Ground area
5,474 m²
Building footprint
2,495 m²
Volume, LiDAR
15,169 m³
Parcel 46025B0522/00D000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Frankrijkstraat 5, 9140 Temse
since 20002.097.041.020
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0522/00D000 | Flanders | 5,474 m² | 1 · 2,495 m² | 7.8 m · 2 fl. |
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.
Mandate history
5 people since 2026, 2 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Dhr. Andrew Wighton |
|
| Dhr. Henk Abma |
|
| Dhr. Laurentius Hooft |
|
| Mevr. Maria Agterberg |
|
| Tuybau BV |
|
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
- FIMEX
- PANTOON
Highest known parent: FIMEX. The sources do not say who stands above it.
Owners 2
- FIMEXparentSourceaccounts FIMEX 2025100%
- Sourceaccounts DAMP 202410%
Holdings 1
-
50%
According to the 2021 annual accounts of PANTOON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 266 EUR awarded · 266 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 266 EUR |
| 2023 | 1 | 266 EUR | 0 EUR |
Similar companies · same sector, comparable size
OMNINET TECHNOLOGIES
BE 0879.481.380
Leuven · Eq €1,988,084
IGUANA
BE 0468.794.664
Zaventem · Eq €2,024,513
Viking Office Belgium
BE 0472.369.115
Antwerpen · Eq €1,972,136
SAFETY BELGIAN COMPANY
BE 0426.406.753
Linkebeek · Eq €1,969,663
DASSAULT SYSTEMES BELGIUM
BE 0891.231.842
Oudergem · Eq €2,051,192
Of 2,120 companies in sector 46500 we hold annual accounts for 1,408. 699 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
Founded17-12-1999
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
46649Wholesale of other machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0468408644
Registered
10-06-2025
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.