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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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PANTELIS GROUP from Genk, company number BE0433232484, closed financial year 2025 with a result of € 701,065 after tax. For that financial year PANTELIS GROUP recorded a gross margin of € 1.8 million and equity of € 20.5 million. Compared with financial year 2024, the result moved from € 2,993 to € 701,065. 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 September 21, 2026.
€ 20.5 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 701,065
▲ € 698,071 vs 2024
Profit after tax over the fiscal year.
€ 68,092
▼ 59% 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 € 8.7 million.
People and assets in 2025
1.8
Average over the fiscal year, from the social balance sheet.
€ 62,915
▼ 13% vs 2024
€ 35,000 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.
€ 33,556
▲ € 31,408 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7 million
▼ 23% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 40,819
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 408,131
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,316,309 | € 1,825,531 | € 2,007,834 | € 1,830,576 | ▼ 9% |
| Profit after taxes | € 527,872 | € 661,125 | € 2,993 | € 701,065 | ▲ € 698,071 |
| Equity | € 18,530,275 | € 19,191,401 | € 19,757,012 | € 20,458,077 | ▲ 4% |
| Total debts | € 13,711,486 | € 14,095,843 | € 12,363,965 | € 10,768,045 | ▼ 13% |
| Cash | € 87,134 | € 62,432 | € 166,919 | € 68,092 | ▼ 59% |
| Land & buildings | € 24,755,299 | € 24,492,442 | € 23,640,032 | € 22,981,718 | ▼ 3% |
| Retained profit | € 6,270,384 | € 7,110,332 | € 7,854,767 | € 8,734,654 | ▲ 11% |
| Bank debt | € 9,772,552 | € 10,409,063 | € 9,080,806 | € 6,972,605 | ▼ 23% |
| Balance sheet total | € 33,872,502 | € 34,869,576 | € 33,721,176 | € 32,770,413 | ▼ 3% |
| Employees (FTE) | 1.6 | 1.8 | 1.8 | 1.8 |
Key figures of PANTELIS GROUP, 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 PANTELIS GROUP?
What happened at PANTELIS GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- De Harp stepped down as director. NBB
- George Pantelis stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 701,065 (▲ € 698,071 vs 2024). filed late Source: NBB ↗
- De Harp became a director. NBB
- George Pantelis became a director. NBB
- New establishment in Genk. KBO
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 527,872 profit in 2022 to € 701,065 profit in 2025.
Paid € 854,901 in corporate taxes since 2022.
Best year ever: 2025, with € 701,065 profit.
On average € 1 million of value added per employee in 2025.
Management
The shares are held by Pantelis George (100%) and George Pantelis (100%).
Directors
According to the 2025 annual accounts
Shareholders
Pantelis George
100%
George Pantelis · director
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Molenstraat 13 box 1
3600 Genk
Molenstraat 68
3600 Genk
Active since 17 February 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.232.484
- VAT number
- BE 0433.232.484
- Registered office
- Molenstraat 13 bus 1, 3600 Genk
- Names & denominations
- PANTELIS GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 1988
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Activiteiten van syndici van onroerend goed
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van woningen, exclusief sociale woningen
Holdings