Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PAN-TERRE from Herstal, company number BE0427801969, closed financial year 2025 with a result of € 794 after tax. For that financial year PAN-TERRE recorded a gross margin of € 599,618 and equity of € 379,922. Compared with financial year 2024, the result moved from € -81,638 to € 794. 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 August 24, 2026.
€ 379,922
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 794
▲ still € 81,638 loss in 2024
Profit after tax over the fiscal year.
€ 28,936
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 115,257.
People and assets in 2025
8.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 299,687
▼ 5% vs 2024
€ 33,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,064
▼ 75% vs 2024
Of which on lease € 4,064.
Debts at end 2025
€ 267,770
▼ 20% vs 2024
€ 47,138 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 261,064
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,063
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 511,320 | € 412,677 | € 485,133 | € 599,618 | ▲ 24% |
| Profit after taxes | € 8,891 | € -146,397 | € -81,638 | € 794 | ▲ € 82,432 |
| Equity | € 651,952 | € 460,766 | € 379,128 | € 379,922 | |
| Total debts | € 332,976 | € 366,734 | € 576,063 | € 584,567 | ▲ 1% |
| Cash | € 236,812 | € 45,384 | € 19,463 | € 28,936 | ▲ 49% |
| Land & buildings | € 18,575 | € 17,509 | € 175,887 | € 158,588 | ▼ 10% |
| Retained profit | € 342,498 | € 196,100 | € 114,462 | € 115,257 | ▲ 1% |
| Bank debt | € 91,094 | € 174,977 | € 334,440 | € 267,770 | ▼ 20% |
| Balance sheet total | € 984,928 | € 827,500 | € 955,191 | € 964,489 | ▲ 1% |
| Employees (FTE) | 9.4 | 9.6 | 9 | 8.9 | ▼ 0.1 |
Key figures of PAN-TERRE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PAN-TERRE?
What happened at PAN-TERRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 794. filed late Source: NBB ↗
- Viviane Dederen stepped down as director. NBB
- François Malaise stepped down as director. NBB
- Valentin ERNST stepped down as director. NBB
- Yves Hodeige stepped down as director. NBB
- Marie-France Lion stepped down as director. NBB
- Stéphane Arapantonis stepped down as director. NBB
- Jérôme Vanmeerbeek stepped down as director. NBB
In short
From € 8,891 profit in 2022 to € 794 profit in 2025.
Paid € 894 in corporate taxes since 2022.
Best year ever: 2022, with € 8,891 profit.
On average € 67,400 of value added per employee in 2025.
Management
The shares are held by GROUPE TERRE (100%), TERRE (0%) and FLEUR SERVICE SOCIAL (0%). It owns 83.3% of Acoustix and 20% of Récol'Terre itself.
Directors
According to the 2025 annual accounts
Viviane Dederen
Director
since 2023 · until 2026
François Malaise
Chairman of the board
Also active at: TERRE asbl, TRI - TERRE, RECOL'TERRE, IMMOTERRE, BatiTerre, Groupe Terre asbl, TerTex
since 2020 · until 2026
Valentin ERNST
Managing director
since 2023 · until 2026
since 2023 · until 2026
Marie-France Lion
Director
since 2023 · until 2026
Stéphane Arapantonis
Director
since 2023 · until 2026
since 2023 · until 2026
Shareholders
Participations
83.3%
20%
Establishments
Establishment units
Physical locations of this company
Rue de Milmort 690
4040 Herstal
Parc Ind. des Hauts Sarts, 1e av sn
4040 Herstal
Active since 18 November 1985
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →TERRE asbl same network
€ 14.2 million revenue · 2025
TRI - TERRE same network
€ 700,583 gross margin · 2025
RECOL'TERRE same network
€ 2.5 million gross margin · 2025
IMMOTERRE same network
€ 27,321 gross margin · 2025
UNITE TVA CONSORTIUM TERRE
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.801.969
- VAT number
- BE 0427.801.969
- Registered office
- Rue de Milmort 690, 4040 Herstal
- Names & denominations
- PAN-TERRE
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 11 September 1985
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Vervaardiging van fineer en van panelen op basis van hout
Vervaardiging van panelen en platen van hout
Terugwinning van materialen uit afval
Recycling van niet-metaalafval
Terugwinning van inerte afvalstoffen
Vervaardiging van andere artikelen van papier of karton
Vervaardiging van overige artikelen van papier en karton