SMART PANDA (0745.580.404): financials and annual accounts

SMART PANDA

Nivelles ·KBO/BCE: BE 0745.580.404

Line	2025	2024	2023	2022	2021	2020
Balance sheet: assets
Total assets`20/58`	59,049	65,762	96,783	77,675	50,169	29,910
Formation expenses`20`	-	50	285	520	756	991
Fixed assets`21/28`	12,536	2,179	906	2,665	3,846	555
Tangible fixed assets`22/27`	12,536	2,179	906	2,665	3,846	555
Plant, machinery and equipment`23`	2,819	1,607	822	2,281	3,846	555
Furniture and vehicles`24`	9,717	572	84	384	-	-
Current assets`29/58`	46,513	63,533	95,592	74,490	45,567	28,364
Amounts receivable within one year`40/41`	22,720	26,873	25,506	29,081	16,335	26,977
Trade receivables`40`	22,506	26,873	23,293	26,868	16,335	26,977
Other amounts receivable`41`	214	-	2,213	2,213	-	-
Cash at bank and in hand`54/58`	23,077	35,942	69,391	45,409	29,232	581
Deferred charges and accrued income`490/1`	716	718	695	-	0	805
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	59,049	65,762	96,783	77,675	50,169	29,910
Equity`10/15`	5,000	5,000	5,000	46,664	34,151	13,783
Contributions`10/11`	5,000	5,000	5,000	5,000	5,000	5,000
Contributions outside capital`11`	-	-	-	-	-	5,000
Other`1109/19`	-	-	-	-	-	5,000
Profit (loss) carried forward`14`	0	-	-	41,664	29,151	8,783
Amounts payable`17/49`	54,049	60,762	91,783	31,011	16,017	16,127
Amounts payable within one year`42/48`	54,049	60,762	91,783	31,011	16,017	16,127
Current portion of amounts payable after more than one year`42`	8,358	-	-	-	-	-
Trade debts`44`	1,473	4,727	4,312	5,550	3,174	5,334
Suppliers`440/4`	1,473	4,727	4,312	5,550	3,174	5,334
Taxes, remuneration and social security`45`	13,037	7,827	14,292	14,387	12,843	8,927
Taxes`450/3`	13,037	7,827	14,292	14,387	12,843	8,927
Other amounts payable`47/48`	31,181	48,208	73,180	11,074	0	1,866
Income statement
Gross operating margin`9900`	49,118	50,762	31,128	19,513	28,506	13,766
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	3,014	1,279	1,994	2,015	978	291
Other operating charges`640/8`	363	98	151	169	0	820
Operating profit (loss)`9901`	45,741	49,386	28,983	17,329	27,528	12,655
Financial income`75/76B`	70	-	200	-	-	-
Recurring financial income`75`	70	-	200	-	-	-
Financial charges`65/66B`	351	632	818	1,030	1,166	1,088
Recurring financial charges`65`	351	632	818	1,030	1,166	1,088
Profit (loss) for the period before taxes`9903`	45,460	48,754	28,365	16,299	26,362	11,567
Income taxes`67/77`	9,786	10,488	6,640	3,787	5,993	2,784
Profit (loss) for the period`9904`	35,674	38,266	21,725	12,513	20,368	8,783
Profit (loss) for the period to be appropriated`9905`	35,674	38,266	21,725	12,513	20,368	8,783
Appropriation of the result
Profit (loss) to be appropriated`9906`	35,674	38,266	63,389	41,664	29,151	8,783
Profit (loss) brought forward from the previous period`14P`	-	-	41,664	29,151	8,783	-
Profit to be distributed`694/7`	35,674	38,266	63,389	-	-	-
Return on contributions (dividend)`694`	35,674	38,266	63,389	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	27-08-2026	2026-00435187	PDF
31-12-2024	micro format	23-08-2025	2025-00408398	PDF
31-12-2023	micro format	19-08-2024	2024-00373107	PDF
31-12-2022	micro format	27-07-2023	2023-00287881	PDF
31-12-2021	micro format	30-08-2022	2022-20423804	PDF
31-12-2020	micro format	18-08-2021	2021-52700519	PDF

Line	2025	2024	2023	2022	2021	2020
EBITDA	48,755	50,665	30,977	19,344	28,506	12,946
Cash flow	38,688	39,545	23,719	14,528	21,347	9,074
Investment in fixed assets (approximation)	13,370	2,552	235	598	4,034	661
Change in cash	-12,866	-33,449	23,983	16,177	28,651	-
Working capital	-7,536	2,771	3,809	43,479	29,550	12,237
Solvency	8.5%	7.6%	5.2%	60.1%	68.1%	46.1%
Current ratio	0.86	1.05	1.04	2.40	2.84	1.76
Debt to equity	10.81	12.15	18.36	0.66	0.47	1.17
ROE	713.5%	765.3%	434.5%	26.8%	59.6%	63.7%
ROA	60.4%	58.2%	22.4%	16.1%	40.6%	29.4%
Interest coverage	over 100	80.15	37.87	18.79	24.45	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€13,370	€2,552	-	€598	€4,034
Depreciation and write-downs of the year	€3,014	€1,279	€1,994	€2,015	€978

SMART PANDA

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency8.5%

Current ratio0.86

Return on assets60.4%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on SMART PANDA

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