Active · per the CBE, 29 October 2026

PANO

BE0426891852

Rechtspersoon Private limited company 1 establishment

PANO is a wholesaler in Niel. Private Limited, started on 5 March 1985, 1 establishment.

Matenstraat 210, 2845 Niel

Behind the company: Kurt Maes, Patrick De Smet.

Active for

41 year, 7 months

Financials

Financial year 2025

PANO from Niel, company number BE0426891852, closed financial year 2025 with a result of € 72,258 after tax. For that financial year PANO recorded a gross margin of € 147,594 and equity of € 520,285. Compared with financial year 2024, the result moved from € 28,270 to € 72,258. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 15, 2026.

What it is worth Growing

€ 520,285

▲ 10% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 72,258

▲ 156% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 166,926

▼ 36% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 26,774 paid out

37 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 1,042

▼ 44% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 25,374

▼ 42% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 32,766

▲ 64% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 55,864 € 298,507 € 80,317 € 147,594 ▲ 84%
Profit after taxes € 7,459 € 169,306 € 28,270 € 72,258 ▲ 156%
Equity € 302,225 € 446,531 € 474,801 € 520,285 ▲ 10%
Total debts € 220,869 € 192,976 € 134,109 € 152,959 ▲ 14%
Cash € 77,017 € 296,544 € 260,119 € 166,926 ▼ 36%
Land & buildings € 17,589 € 14,071 € 10,553 € 7,036 ▼ 33%
Retained profit € 277,436 € 421,742 € 450,012 € 495,496 ▲ 10%
Dividend € 0 € 25,000 € 0 € 26,774
Bank debt € 82,852 € 7,111 € 1,778 € 0 ▼ 100%
Balance sheet total € 523,094 € 639,507 € 608,910 € 673,244 ▲ 11%

Key figures of PANO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to PANO?

What happened at PANO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 72,258 (▲ 156% vs 2024). Source: NBB ↗
  • Kurt Maes became a director. NBB
  • Patrick De Smet became a director. NBB
  • New establishment in Niel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 7,459 profit in 2022 to € 72,258 profit in 2025.

Paid € 105,987 in corporate taxes since 2022.

Best year ever: 2023, with € 169,306 profit.

Paid out € 51,774 in dividends to the owners in total.

Management

Kurt Maes Patrick De Smet
PANO

Behind PANO are Kurt Maes and Patrick De Smet.

Directors

According to the 2025 annual accounts

Kurt Maes

Director

since 1999

Patrick De Smet

Director

since 1999

Establishments

Establishment units

Physical locations of this company

Registered office

Matenstraat 210

2845 Niel

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0426.891.852
VAT number
BE 0426.891.852
Registered office
Matenstraat 210, 2845 Niel
Names & denominations
PANO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
5 March 1985
Peppol
Active · Active since 18 Nov 2025
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Frequently asked questions

What does PANO do?
PANO is a wholesaler in Niel. Private Limited, started on 5 March 1985, 1 establishment.
What is the address of PANO?
The registered office of PANO is located at Matenstraat 210, 2845 Niel.
Is PANO still active?
Yes. According to the CBE (29 October 2026) PANO is active, legal situation “Normale toestand”, started on 5 March 1985.
Is PANO registered on Peppol?
Yes, PANO is registered on the Peppol network with ID 0208:0426891852.
What is the enterprise number of PANO?
The enterprise number of PANO is BE0426891852.
When was PANO founded?
PANO was founded on 5 March 1985.