SILICON PANDA
ActiveSummary
SILICON PANDA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187k and a net result of €45k. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 92% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 8.15 against 12.89 in 2024; short-term debt: 6.7% and cash: 20.2% of total assets), and 6.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
93.3%
Return on assets
22.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
2 d early
2024
31 d early
2023
1 d early
2022
4 d early
2021
23 d early
2020
30 d late
2019
12 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€187k▼ 20.3%
2024 · €235k
2019: €34klowest in 7 years
2020: €100k▲ +197% vs 2019
2021: €157k▲ +57.0% vs 2020
2022: €212k▲ +34.8% vs 2021
2023: €236k▲ +11.2% vs 2022highest in 7 years
2024: €235k▼ -0.3% vs 2023
2025: €187k▼ -20.3% vs 2024
2019 → 2025
Total assets
€201k▼ 20.4%
2024 · €252k
2019: €59klowest in 7 years
2020: €132k▲ +122% vs 2019
2021: €176k▲ +33.8% vs 2020
2022: €227k▲ +29.1% vs 2021
2023: €253k▲ +11.1% vs 2022highest in 7 years
2024: €252k● -0.0% vs 2023
2025: €201k▼ -20.4% vs 2024
2019 → 2025
Net result
€45k▼ 37.0%
2024 · €72k
2019: €22klowest in 7 years
2020: €67k▲ +204% vs 2019
2021: €58k▼ -13.9% vs 2020
2022: €79k▲ +35.4% vs 2021highest in 7 years
2023: €72k▼ -8.0% vs 2022
2024: €72k▼ -1.0% vs 2023
2025: €45k▼ -37.0% vs 2024
2019 → 2025
Working capital
€96k▼ 53.0%
2024 · €205k
2019: €30klowest in 7 years
2020: €87k▲ +190% vs 2019
2021: €145k▲ +67.5% vs 2020
2022: €197k▲ +35.6% vs 2021
2023: €218k▲ +10.7% vs 2022highest in 7 years
2024: €205k▼ -5.9% vs 2023
2025: €96k▼ -53.0% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€157k-€212k▲ 34.8%€236k▲ 11.2%€235k▼ 0.3%€187k▼ 20.3%
2021: €157klowest in 5 years
2022: €212k▲ +34.8% vs 2021
2023: €236k▲ +11.2% vs 2022highest in 5 years
2024: €235k▼ -0.3% vs 2023
2025: €187k▼ -20.3% vs 2024
Operating result€82k-€101k▲ 22.8%€102k▲ 0.7%€98k▼ 3.1%€64k▼ 35.3%
2021: €82k
2022: €101k▲ +22.8% vs 2021
2023: €102k▲ +0.7% vs 2022highest in 5 years
2024: €98k▼ -3.1% vs 2023
2025: €64k▼ -35.3% vs 2024lowest in 5 years
Net result€58k-€79k▲ 35.4%€72k▼ 8.0%€72k▼ 1.0%€45k▼ 37.0%
2021: €58k
2022: €79k▲ +35.4% vs 2021highest in 5 years
2023: €72k▼ -8.0% vs 2022
2024: €72k▼ -1.0% vs 2023
2025: €45k▼ -37.0% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 35% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201k
Fixed assets
€91k ▲ 203%
Current assets
€110k ▼ 50.6%
Equity and liabilities €201k
Equity
€187k ▼ 20.3%
Debt
€13k ▼ 21.8%
Debt's share of the balance-sheet total falls from 6.8% to 6.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€71k▼
2024 · €105k
Cash flow
€52k▼
2024 · €78k
Current ratio
8.15▼
2024 · 12.89
Debt to equity
0.07▼
2024 · 0.07
ROE
24.1%▼
2024 · 30.4%
ROA
22.4%▼
2024 · 28.3%
Interest coverage
27.92▼
2024 · 37.26
Debt ≤ 1 year
€13k▼
2024 · €17k
Income taxes
€17k▼
2024 · €25k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€252k€201k▼
Fixed assets21/28€30k€91k▲
Tangible fixed assets22/27€30k€91k▲
Land and buildings22-€63k
Furniture and vehicles24€2k€4k▲
Other tangible fixed assets26€28k€24k▼
Current assets29/58€222k€110k▼
Amounts receivable after more than one year29€35k€35k=
Other amounts receivable291€35k€35k=
Amounts receivable within one year40/41€37k€29k▼
Trade receivables40€37k€28k▼
Other amounts receivable41€426€968▲
Cash at bank and in hand54/58€146k€41k▼
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€252k€201k▼
Equity10/15€235k€187k▼
Contributions10/11€19k€19k=
Reserves13€217k€169k▼
Distributable reserves133€217k€169k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€17k€13k▼
Amounts payable within one year42/48€17k€13k▼
Financial debts43€0€2k▲
Credit institutions430/8€0€2k▲
Trade debts44€2k€622▼
Suppliers440/4€2k€622▼
Taxes, remuneration and social security45€15k€11k▼
Taxes450/3€15k€11k▼
Other amounts payable47/48€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€106k€72k▼
Operating profit (loss)9901€98k€64k▼
Financial income75/76B€910€953▲
Recurring financial income75€910€953▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€97k€62k▼
Income taxes67/77€25k€17k▼
Profit (loss) for the period9904€72k€45k▼
Profit (loss) for the period to be appropriated9905€72k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€72k€45k▼
Transfer from equity791/2€72k€93k▲
Transfer to equity691/2€72k€45k▼
To other reserves6921€72k€45k▼
Profit to be distributed694/7€72k€93k▲
Return on contributions (dividend)694€72k€93k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €4k | €7k | €7k | ▲ 6.8% |
| Other operating charges640/8 | - | €120 | €2k | €1k | €1k | ▼ 11.0% |
| Non-recurring operating charges66A | - | - | €9k | €0 | - | - |
| Gross operating margin9900 | €84k | €104k | €116k | €106k | €72k | ▼ 32.4% |
| Operating profit (loss)9901 | €82k | €101k | €102k | €98k | €64k | ▼ 35.3% |
| Financial income75/76B | - | €852 | €842 | €910 | €953 | ▲ 4.7% |
| Recurring financial income75 | €211 | €852 | €842 | €910 | €953 | ▲ 4.7% |
| Financial charges65/66B | - | €1k | €2k | €3k | €3k | ▼ 10.2% |
| Recurring financial charges65 | €821 | €1k | €2k | €3k | €3k | ▼ 10.2% |
| Profit (loss) for the period before taxes9903 | €81k | €101k | €100k | €97k | €62k | ▼ 35.7% |
| Income taxes67/77 | €24k | €22k | €28k | €25k | €17k | ▼ 31.9% |
| Profit (loss) for the period9904 | €58k | €79k | €72k | €72k | €45k | ▼ 37.0% |
| Profit (loss) for the period to be appropriated9905 | €58k | €79k | €72k | €72k | €45k | ▼ 37.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €176k | €227k | €253k | €252k | €201k | ▼ 20.4% |
| Fixed assets21/28 | €12k | €15k | €18k | €30k | €91k | ▲ 203% |
| Tangible fixed assets22/27 | €8k | €11k | €18k | €30k | €91k | ▲ 203% |
| Land and buildings22 | - | - | - | - | €63k | - |
| Furniture and vehicles24 | - | €5k | €6k | €2k | €4k | ▲ 75.2% |
| Other tangible fixed assets26 | - | €6k | €12k | €28k | €24k | ▼ 13.6% |
| Financial fixed assets28 | €4k | €4k | €0 | - | - | - |
| Current assets29/58 | €164k | €212k | €235k | €222k | €110k | ▼ 50.6% |
| Amounts receivable after more than one year29 | - | €32k | €32k | €35k | €35k | = |
| Other amounts receivable291 | - | €32k | €32k | €35k | €35k | = |
| Amounts receivable within one year40/41 | €21k | €49k | €57k | €37k | €29k | ▼ 23.6% |
| Trade receivables40 | - | €48k | €44k | €37k | €28k | ▼ 25.3% |
| Other amounts receivable41 | - | €1k | €14k | €426 | €968 | ▲ 127% |
| Cash at bank and in hand54/58 | €110k | €129k | €141k | €146k | €41k | ▼ 72.2% |
| Deferred charges and accrued income490/1 | - | €2k | €4k | €4k | €6k | ▲ 44.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €176k | €227k | €253k | €252k | €201k | ▼ 20.4% |
| Equity10/15 | €157k | €212k | €236k | €235k | €187k | ▼ 20.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €145k | €194k | €217k | €217k | €169k | ▼ 22.1% |
| Non-distributable reserves130/1 | - | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €0 | - | - | - |
| Distributable reserves133 | - | €192k | €217k | €217k | €169k | ▼ 22.1% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €19k | €15k | €17k | €17k | €13k | ▼ 21.8% |
| Amounts payable within one year42/48 | €19k | €15k | €17k | €17k | €13k | ▼ 21.8% |
| Financial debts43 | - | €330 | €94 | €0 | €2k | - |
| Credit institutions430/8 | - | €330 | €94 | €0 | €2k | - |
| Trade debts44 | €292 | €197 | €589 | €2k | €622 | ▼ 67.3% |
| Suppliers440/4 | - | €197 | €589 | €2k | €622 | ▼ 67.3% |
| Taxes, remuneration and social security45 | - | €15k | €16k | €15k | €11k | ▼ 27.2% |
| Taxes450/3 | - | €15k | €16k | €15k | €11k | ▼ 27.2% |
| Other amounts payable47/48 | - | €0 | €351 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58k | €79k | €72k | €72k | €45k | ▼ 37.0% |
| + Depreciation and write-downs630 | €2k | €3k | €4k | €7k | €7k | ▲ 6.8% |
| Operating cash flow (approximation) | €60k | €82k | €76k | €78k | €52k | ▼ 33.3% |
| Investment in fixed assets (approximation) | - | €-6k | €-7k | €-19k | €-68k | ▼ 264% |
| Change in cash | - | €19k | €12k | €5k | €-105k | ▼ 2,251% |
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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €79k ▲35.4%
Net result €79k, the highest in the series.
31-03
Financial
Equity above €200kEq €212k ▲34.8%
4 profitable years in a row build equity to €212k.
2021
08-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 8.82
Current ratio from 3.87 to 8.82; short-term debt falls from €30k to €19k.
31-03
Financial
Equity above €150kEq €157k ▲57%
3 profitable years in a row build equity to €157k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Equity above €100kEq €100k ▲197%
2 profitable years in a row build equity to €100k.
2019
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Oudenaarde · 1 establishment unit since 2019
Ground area
544 m²
Building footprint
111 m²
Volume, LiDAR
677 m³
Parcel 45502A0672/00G003, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Silicon Panda
since 20192.283.608.246
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45502A0672/00G003 | Flanders | 544 m² | 1 · 111 m² | 10.3 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 7,425 EUR awarded · 7,425 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,450 EUR | 2,450 EUR |
| 2024 | 1 | 4,975 EUR | 4,975 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,893 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-01-2019
Fiscal year end31-03
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
68201Renting and operating of own or leased residential real estate, excluding social housing
70100Activities of head offices
70200Business and other management consultancy
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.