Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PANTON KORTENBERG VASTGOED from Elsene, company number BE0437938766, closed financial year 2025 with a result of € -250,582 after tax. For that financial year PANTON KORTENBERG VASTGOED recorded a gross margin of € -48,841 and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 197,657 to € -250,582. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 4.6 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -250,582
▼ still € 197,657 profit in 2024
Profit after tax over the fiscal year.
€ 104,562
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.3 million.
Debts at end 2025
€ 7 million
▲ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 15,547
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -51,720 | € -59,650 | € -52,056 | € -48,841 | ▲ € 3,214 |
| Profit after taxes | € -252,607 | € -53,623 | € 197,657 | € -250,582 | ▼ € 448,238 |
| Equity | € 4,671,024 | € 4,617,402 | € 4,815,059 | € 4,564,477 | ▼ 5% |
| Total debts | € 7,223,395 | € 7,237,450 | € 7,025,903 | € 7,292,114 | ▲ 4% |
| Cash | € 166,448 | € 166,822 | € 152,933 | € 104,562 | ▼ 32% |
| Retained profit | € 3,402,305 | € 3,348,683 | € 3,546,339 | € 3,295,758 | ▼ 7% |
| Bank debt | € 6,613,414 | € 6,613,414 | € 6,613,414 | € 7,012,031 | ▲ 6% |
| Balance sheet total | € 11,894,419 | € 11,854,851 | € 11,840,962 | € 11,856,591 |
Key figures of PANTON KORTENBERG VASTGOED, 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 PANTON KORTENBERG VASTGOED?
What happened at PANTON KORTENBERG VASTGOED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- IQ EQ Holdings SA stepped down as director. NBB
- N-BEL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 250,582 (▼ € 448,238 vs 2024). Source: NBB ↗
- Philip Anthony REDDING stepped down as director. NBB
- IQ EQ Holdings SA became a director. NBB
- N-BEL became a director. NBB
- Philip Anthony REDDING became a director. NBB
- New establishment in Elsene. KBO
In short
From € 252,607 loss in 2022 to € 250,582 loss in 2025.
Best year ever: 2024, with € 197,657 profit.
A new publication or filing at PANTON KORTENBERG VASTGOED? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Titanium Ruth Belgium Holdco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PANTON KORTENBERG VASTGOEDThe shares are held by Titanium Ruth Belgium Holdco (100%). It owns 90% of Rumst Logistics and 90% of Pakobo itself.
Directors
According to the 2025 annual accounts
Philip Anthony REDDING
Director
Also active at: PAKOBO, Titanium Ruth Belgium Holdco, LCP NIVELLES DC, RUMST LOGISTICS, RUMST LOGISTICS III
since 2022 · until 2025
Director · represented by Laurent Dassonville
Also active at: Wipro CRM Services, PAKOBO, WESLO, Butler Industries Benelux, LAMIBEL, Titanium Ruth Belgium Holdco, LCP NIVELLES DC, Square du Champ de Mars +13 more
since 2024 · until 2030
Director · represented by Abdelilah Aït-Ahmad
Also active at: PAKOBO, LAMIBEL, BELLECOM, Titanium Ruth Belgium Holdco, LCP NIVELLES DC, Square du Champ de Mars, Ravenstein 36, Place Sainte-Gudule 19 +5 more
since 2024 · until 2030
Shareholders
Participations
90%
90%
Establishments
Establishment units
Physical locations of this company
Louizalaan 65 box 1
1050 Elsene
Louizalaan 331-333
1050 Elsene
Active since 13 February 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.938.766
- VAT number
- BE 0437.938.766
- Registered office
- Louizalaan 65 bus 1, 1050 Elsene
- Names & denominations
- PANTON KORTENBERG VASTGOED · PAKOVASTGOED
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 1989
- Peppol
- Not registered