PANTOPICON
ActivePANTOPICON has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €129k and a net result of €-7k. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 63% of 8092 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability64▼-31
Solvency92▲+38
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 1.16 in 2023; short-term debt: 32.8% and cash: 24.8% of total assets), and 32.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
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 2024Solvency, return and age of the figures
Solvency
67.2%
Return on assets
-3.5%
Age of the figures
21 mo
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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
78 d late
2022
91 d late
2021
31 d late
2020
90 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€129k▼ 5.0%
2023 · €136k
2018: €163k
2019: €170k
2020: €100k
2021: €47k
2022: €38k
2023: €136k
2018 → 2024
Total assets
€192k▼ 59.5%
2023 · €475k
2018: €321k
2019: €685k
2020: €512k
2021: €250k
2022: €410k
2023: €475k
2018 → 2024
Net result
€-7k
2023 · €98k
2018: €80k
2019: €15k
2020: €-70k
2021: €-52k
2022: €-9k
2023: €98k
2018 → 2024
Working capital
€63k▲ 14.3%
2023 · €55k
2018: €135k
2019: €152k
2020: €76k
2021: €24k
2022: €-32k
2023: €55k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€100k-€47k▼ 52.5%€38k▼ 19.9%€136k▲ 259%€129k▼ 5.0%
Operating result€-70k-€-52k▲ 25.3%€-8k▲ 84.1%€110k€-5k
Net result€-70k-€-52k▲ 25.6%€-9k▲ 81.9%€98k€-7k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €110k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €192k
Fixed assets
€66k▼ 18.1%
Current assets
€126k▼ 68.0%
Equity and liabilities €192k
Equity
€129k▼ 5.0%
Debt
€63k▼ 81.3%
The debt ratio falls from 71.4% to 32.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€15k▼
2023 · €130k
Cash flow
€13k▼
2023 · €118k
Solvency
67.2%▲
2023 · 28.6%
Current ratio
1.99▲
2023 · 1.16
Quick ratio
1.99▲
2023 · 1.16
Debt / equity
0.49▼
2023 · 2.49
ROE
-5.3%▼
2023 · 72.1%
ROA
-3.5%▼
2023 · 20.7%
Interest coverage
12.11▼
2023 · 45.45
Debt
€63k▼
2023 · €339k
Debt ≤ 1 year
€63k▼
2023 · €339k
Income taxes
€761▼
2023 · €9k
Staff costs
€43k▲
2023 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€475k€192k▼
Fixed assets21/28€81k€66k▼
Tangible fixed assets22/27€64k€50k▼
Plant, machinery and equipment23€2k€5k▲
Furniture and vehicles24€62k€45k▼
Financial fixed assets28€17k€17k=
Current assets29/58€394k€126k▼
Amounts receivable within one year40/41€303k€62k▼
Trade receivables40€303k€53k▼
Other amounts receivable41-€9k
Current investments50/53€12k€12k=
Cash at bank and in hand54/58€79k€48k▼
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€475k€192k▼
Equity10/15€136k€129k▼
Contributions10/11€20k€20k=
Reserves13€119k€119k=
Non-distributable reserves130/1€14k€14k=
Reserves not available under the articles1311€2k€2k=
Own shares acquired1312€12k€12k=
Distributable reserves133€106k€106k=
Profit (loss) carried forward14€-3k€-10k▼
Amounts payable17/49€339k€63k▼
Amounts payable within one year42/48€339k€63k▼
Current portion of amounts payable after more than one year42€29k-
Trade debts44€117k€34k▼
Suppliers440/4€117k€34k▼
Taxes, remuneration and social security45€27k€12k▼
Taxes450/3€21k€6k▼
Remuneration and social security454/9€6k€6k▲
Other amounts payable47/48€166k€17k▼
Income statement
Code20232024
Remuneration, social security and pensions62€25k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▲
Other operating charges640/8€172€2k▲
Gross operating margin9900€155k€60k▼
Operating profit (loss)9901€110k€-5k▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€107k€-6k▼
Income taxes67/77€9k€761▼
Profit (loss) for the period9904€98k€-7k▼
Profit (loss) for the period to be appropriated9905€98k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-10k▼
Profit (loss) brought forward from the previous period14P€-102k€-3k▲
The notes to these accounts (6 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 · abbreviated schema · 61 days late
2024
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 78 days late
2023
31-12
Financial
Back to profitnet €98k
Net result €98k after 3 loss-making years.
31-12
Financial
Equity above €100kEq €136k ▲259%
Equity rises from €38k to €136k.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 91 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €-70k ▼572%
Net result drops to €-70k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Hasselt · 1 establishment unit since 2004
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.
Geraetsstraat 233500 HasseltGround area
314 m²
Building footprint
246 m²
Volume, LiDAR
2,466 m³
2 parcels, Flanders · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PANTOPICON
since 20042.138.087.856
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302D1290/00M016 | Flanders | 196 m² | 1 · 134 m² | 13.7 m · 4 fl. |
| 71326F0340/00K000 | Flanders | 118 m² | 1 · 112 m² | 14.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
European research
1 projectProgrammes
HORIZON
Projects
Co-designing a Home with Dementia
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 40,854 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-2004
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.