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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-See from Ath, company number BE0428011312, closed financial year 2025 with a result of € 485,938 after tax. For that financial year Pan-See recorded a gross margin of € 792,609 and equity of € 625,183. Compared with financial year 2024, the result moved from € -10,106 to € 485,938. 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 January 28, 2026.
€ 625,183
▲ € 485,938 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 485,938
▲ still € 10,106 loss in 2024
Profit after tax over the fiscal year.
€ 668,692
▲ € 653,809 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 € 414,474.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,081
Supplier invoices still open on the last day of the fiscal year.
€ 44,724
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 19,815 | € 16,445 | € 16,823 | € 792,609 | ▲ € 775,786 |
| Profit after taxes | € -1,321 | € -5,048 | € -10,106 | € 485,938 | ▲ € 496,044 |
| Equity | € 154,399 | € 149,351 | € 139,245 | € 625,183 | ▲ € 485,938 |
| Total debts | € 204,829 | € 201,298 | € 203,170 | € 268,170 | ▲ 32% |
| Cash | € 15,960 | € 15,499 | € 14,882 | € 668,692 | ▲ € 653,809 |
| Land & buildings | € 343,267 | € 335,150 | € 327,533 | € 224,662 | ▼ 31% |
| Retained profit | € -56,311 | € -61,359 | € -71,464 | € 414,474 | ▲ € 485,938 |
| Balance sheet total | € 359,227 | € 350,649 | € 342,415 | € 893,353 | ▲ 161% |
Key figures of Pan-See, 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 January 2027.
What happened to Pan-See?
What happened at Pan-See in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LUTGART DE GEEST stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 485,938. Source: NBB ↗
- LUTGART DE GEEST became a director. NBB
- New establishment in Ath. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,321 loss in 2022 to € 485,938 profit in 2025.
Paid € 209,724 in corporate taxes since 2022.
Best year ever: 2025, with € 485,938 profit.
Management
Directors
According to the 2025 annual accounts
LUTGART DE GEEST
Director
since 2022 · until 2030
Establishments
Establishment units
Physical locations of this company
Esplanade 17
7800 Ath
Terhulpsesteenweg 110
1000 Brussel
Active since 7 February 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 →SYSTEME G
€ 37,840 gross margin · 2025
LAXMI
€ 6,343 gross margin · 2025
Strobbe. F
€ 48,045 gross margin · 2025
EX AEQUO
€ 16,437 gross margin · 2025
IMMOBILIERE FONCIERE SAINT-ROCH
€ 37,194 gross margin · 2025
+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
- 0428.011.312
- VAT number
- BE 0428.011.312
- Registered office
- Esplanade 17, 7800 Ath
- Names & denominations
- Pan-See
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 1985
- Peppol
- Active · Active since 11 Mar 2026