PANYSOL
ActivePANYSOL has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €107k and a net result of €19k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
82
/ 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
Profitability79▲+1
Solvency73▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.6 in 2023; short-term debt: 19.9% and cash: 25.1% of total assets), but 52.4% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 68
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
57 d early
2022
60 d early
2021
60 d early
2020
64 d early
2019
59 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€107k▲ 9.2%
2023 · €98k
2018: €38k
2019: €67k
2020: €89k
2021: €112k
2022: €81k
2023: €98k
2018 → 2024
Total assets
€225k▼ 2.6%
2023 · €231k
2018: €246k
2019: €263k
2020: €284k
2021: €274k
2022: €257k
2023: €231k
2018 → 2024
Net result
€19k▲ 14.5%
2023 · €17k
2018: €2k
2019: €28k
2020: €22k
2021: €23k
2022: €19k
2023: €17k
2018 → 2024
Working capital
€24k▲ 5.9%
2023 · €23k
2018: €2k
2019: €22k
2020: €29k
2021: €49k
2022: €17k
2023: €23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€89k-€112k▲ 26.1%€81k▼ 27.5%€98k▲ 20.5%€107k▲ 9.2%
Operating result€33k-€33k=€31k▼ 4.6%€32k▲ 3.6%€34k▲ 5.3%
Net result€22k-€23k▲ 4.7%€19k▼ 17.9%€17k▼ 12.7%€19k▲ 14.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €225k
Fixed assets
€157k▼ 8.5%
Current assets
€69k▲ 14.1%
Equity and liabilities €225k
Equity
€107k▲ 9.2%
Debt
€118k▼ 11.3%
The debt ratio falls from 57.6% to 52.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€52k▲
2023 · €50k
Cash flow
€37k▲
2023 · €34k
Solvency
47.6%▲
2023 · 42.4%
Current ratio
1.53▼
2023 · 1.60
Quick ratio
1.53▼
2023 · 1.60
Debt / equity
1.10▼
2023 · 1.36
ROE
17.8%▲
2023 · 17.0%
ROA
8.5%▲
2023 · 7.2%
Interest coverage
8.22▲
2023 · 6.68
Debt
€118k▼
2023 · €133k
Debt ≤ 1 year
€45k▲
2023 · €38k
Debt > 1 year
€73k▼
2023 · €96k
Income taxes
€9k▲
2023 · €8k
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€231k€225k▼
Fixed assets21/28€171k€157k▼
Tangible fixed assets22/27€171k€157k▼
Land and buildings22€171k€156k▼
Plant, machinery and equipment23€222€202▼
Current assets29/58€60k€69k▲
Amounts receivable within one year40/41€11k€11k=
Trade receivables40€11k€11k=
Other amounts receivable41€436€436=
Cash at bank and in hand54/58€48k€57k▲
Deferred charges and accrued income490/1€916€931▲
Equity and liabilities
Total equity and liabilities10/49€231k€225k▼
Equity10/15€98k€107k▲
Contributions10/11€50k€40k▼
Reserves13€46k€65k▲
Distributable reserves133€46k€65k▲
Profit (loss) carried forward14€2k€2k=
Amounts payable17/49€133k€118k▼
Amounts payable after more than one year17€96k€73k▼
Financial debts170/4€96k€73k▼
Amounts payable within one year42/48€38k€45k▲
Current portion of amounts payable after more than one year42€21k€22k▲
Trade debts44€831€853▲
Suppliers440/4€831€853▲
Taxes, remuneration and social security45€14k€11k▼
Taxes450/3€14k€11k▼
Other amounts payable47/48€2k€11k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€54k€56k▲
Operating profit (loss)9901€32k€34k▲
Financial income75/76B€89€159▲
Recurring financial income75€89€159▲
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€25k€28k▲
Income taxes67/77€8k€9k▲
Profit (loss) for the period9904€17k€19k▲
Profit (loss) for the period to be appropriated9905€17k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€21k▲
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer to equity691/2€17k€19k▲
To the legal reserve6920€17k€0▼
To other reserves6921-€19k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €107k ▲9.2%
7 profitable years in a row build equity to €107k.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €112k ▲26.1%
4 profitable years in a row build equity to €112k.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €28k ▲1232%
Operating result €40k, net result €28k, both a record.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
30-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 303 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zoersel · 1 establishment unit since 1999
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.
Paardenmarkt 122980 ZoerselGround area
786 m²
Building footprint
114 m²
Volume, LiDAR
709 m³
Parcel 11017C0466/00P000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Paardenmarkt 12, 2980 Zoersel
since 19992.091.538.645
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017C0466/00P000 | Flanders | 786 m² | 1 · 114 m² | 10.8 m · 2 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.
Similar companies · same sector, comparable size
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BE 0789.277.518
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PROJECT I
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ALL-IN RENOVATIES
BE 0781.478.916
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De Boomen Project
BE 0899.435.171
Turnhout · Eq €107k
M&A Bouwcoördinatie
BE 0793.934.508
Beernem · Eq €107k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,323 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-1999
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70111
68201Renting and operating of own or leased residential real estate, excluding social housing
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.