What does PANISTAR do?

PANISTAR is a bakery in Andenne. Public Limited, started on 23 March 1992, 1 establishment.

What is the address of PANISTAR?

The registered office of PANISTAR is located at Rue Sous Meuse 17 box A, 5300 Andenne.

Is PANISTAR still active?

Yes. According to the CBE (29 October 2026) PANISTAR is active, legal situation “Normale toestand”, started on 23 March 1992.

Is PANISTAR registered on Peppol?

Yes, PANISTAR is registered on the Peppol network with ID 0208:0446958677.

What is the enterprise number of PANISTAR?

The enterprise number of PANISTAR is BE0446958677.

When was PANISTAR founded?

PANISTAR was founded on 23 March 1992.

Who are the directors of PANISTAR?

According to the 2025 annual accounts, the directors of PANISTAR are: Espejo, Estornudo, Gwalpe.

Is PANISTAR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 March 1992; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did PANISTAR make in 2025?

PANISTAR posted a profit after taxes of € 291,340 in financial year 2025.

What is the revenue of PANISTAR?

As a small company, PANISTAR is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,060,013.

How much does an employee at PANISTAR earn?

The average wage cost per full-time employee at PANISTAR was € 59,300 in 2025: staff costs of € 1.5 million for 24.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PANISTAR have?

According to the 2025 annual accounts, PANISTAR has 24.7 full-time equivalents (FTE).

Does PANISTAR have a website?

Yes, PANISTAR has a website at panistar.com.

PANISTAR (Public Limited) - Andenne - BE0446958677

Dossier PANISTAR, printed on 29 October 2026 from databakkes.be/en/0446958677/panistar. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

PANISTAR from Andenne, company number BE0446958677, closed financial year 2025 with a result of € 291,340 after tax. For that financial year PANISTAR recorded a gross margin of € 2.1 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 520,343 to € 291,340. The company is profitable. 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 27, 2026.

What it is worth Healthy

€ 1.5 million

▼ 22% vs 2024

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

Profit Healthy

€ 291,340

▼ 44% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 227,539

▼ 70% vs 2024

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

Where the profit goes Pays out

€ 725,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

24.7

▲ 1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.5 million

▲ 9% vs 2024

€ 59,300 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.

Vehicles and equipment

€ 300,921

▼ 14% vs 2024

Of which on lease € 267,637.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 328,831

▲ 15% vs 2024

€ 109,855 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 348,545

▼ 4% vs 2024

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

Taxes and wages

€ 184,562

▼ 18% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 4,542,361 Revenue 2022: € 4,542,361 First fiscal year in the series	€ 5,227,534 Revenue 2023: € 5,227,534 ▲ 15% vs 2022 (€ 4,542,361) Favourable step	-	-
Gross margin	€ 1,692,879 Gross margin 2022: € 1,692,879 First fiscal year in the series	€ 2,250,587 Gross margin 2023: € 2,250,587 ▲ 33% vs 2022 (€ 1,692,879) Favourable step	€ 2,256,559 Gross margin 2024: € 2,256,559 Unchanged (€ 2,250,587) Favourable step	€ 2,060,013 Gross margin 2025: € 2,060,013 ▼ 9% vs 2024 (€ 2,256,559) Unfavourable step	▼ 9%
Profit after taxes	€ 420,287 Profit after taxes 2022: € 420,287 First fiscal year in the series	€ 706,278 Profit after taxes 2023: € 706,278 ▲ 68% vs 2022 (€ 420,287) Favourable step	€ 520,343 Profit after taxes 2024: € 520,343 ▼ 26% vs 2023 (€ 706,278) Unfavourable step	€ 291,340 Profit after taxes 2025: € 291,340 ▼ 44% vs 2024 (€ 520,343) Unfavourable step	▼ 44%
Equity	€ 2,000,275 Equity 2022: € 2,000,275 First fiscal year in the series	€ 1,952,179 Equity 2023: € 1,952,179 ▼ 2% vs 2022 (€ 2,000,275) Unfavourable step	€ 1,963,254 Equity 2024: € 1,963,254 ▲ 1% vs 2023 (€ 1,952,179) Favourable step	€ 1,521,655 Equity 2025: € 1,521,655 ▼ 22% vs 2024 (€ 1,963,254) Unfavourable step	▼ 22%
Total debts	€ 1,238,902 Total debts 2022: € 1,238,902 First fiscal year in the series	€ 1,931,025 Total debts 2023: € 1,931,025 ▲ 56% vs 2022 (€ 1,238,902) Unfavourable step	€ 1,382,497 Total debts 2024: € 1,382,497 ▼ 28% vs 2023 (€ 1,931,025) Favourable step	€ 1,623,096 Total debts 2025: € 1,623,096 ▲ 17% vs 2024 (€ 1,382,497) Unfavourable step	▲ 17%
Cash	€ 224,853 Cash 2022: € 224,853 First fiscal year in the series	€ 585,584 Cash 2023: € 585,584 ▲ 160% vs 2022 (€ 224,853) Favourable step	€ 762,434 Cash 2024: € 762,434 ▲ 30% vs 2023 (€ 585,584) Favourable step	€ 227,539 Cash 2025: € 227,539 ▼ 70% vs 2024 (€ 762,434) Unfavourable step	▼ 70%
Retained profit	€ 1,854,134 Retained profit 2022: € 1,854,134 First fiscal year in the series	€ 1,821,807 Retained profit 2023: € 1,821,807 ▼ 2% vs 2022 (€ 1,854,134) Unfavourable step	€ 1,842,150 Retained profit 2024: € 1,842,150 ▲ 1% vs 2023 (€ 1,821,807) Favourable step	€ 1,408,490 Retained profit 2025: € 1,408,490 ▼ 24% vs 2024 (€ 1,842,150) Unfavourable step	▼ 24%
Dividend	€ 150,000 Dividend 2022: € 150,000 First fiscal year in the series	€ 745,000 Dividend 2023: € 745,000 ▲ € 595,000 vs 2022 (€ 150,000) Unchanged	€ 500,000 Dividend 2024: € 500,000 ▼ 33% vs 2023 (€ 745,000) Unchanged	€ 725,000 Dividend 2025: € 725,000 ▲ 45% vs 2024 (€ 500,000) Unchanged	▲ 45%
Bank debt	€ 666,883 Bank debt 2022: € 666,883 First fiscal year in the series	€ 426,316 Bank debt 2023: € 426,316 ▼ 36% vs 2022 (€ 666,883) Favourable step	€ 285,028 Bank debt 2024: € 285,028 ▼ 33% vs 2023 (€ 426,316) Favourable step	€ 328,831 Bank debt 2025: € 328,831 ▲ 15% vs 2024 (€ 285,028) Unfavourable step	▲ 15%
Balance sheet total	€ 3,239,177 Balance sheet total 2022: € 3,239,177 First fiscal year in the series	€ 3,883,204 Balance sheet total 2023: € 3,883,204 ▲ 20% vs 2022 (€ 3,239,177) Unchanged	€ 3,345,751 Balance sheet total 2024: € 3,345,751 ▼ 14% vs 2023 (€ 3,883,204) Unchanged	€ 3,144,750 Balance sheet total 2025: € 3,144,750 ▼ 6% vs 2024 (€ 3,345,751) Unchanged	▼ 6%
Employees (FTE)	20.6 Employees (FTE) 2022: 20.6 First fiscal year in the series	17.9 Employees (FTE) 2023: 17.9 ▼ 2.7 vs 2022 (20.6) Unchanged	23.7 Employees (FTE) 2024: 23.7 ▲ 5.8 vs 2023 (17.9) Unchanged	24.7 Employees (FTE) 2025: 24.7 ▲ 1 vs 2024 (23.7) Unchanged	▲ 1

Key figures of PANISTAR, 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 PANISTAR?

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

2029 Espejo stepped down as director. NBB
2029 Estornudo stepped down as director. NBB
2029 Gwalpe stepped down as director. NBB
Jul 27, 2026 New annual accounts for financial year 2025: profit of € 291,340 (▼ 44% vs 2024). Source: NBB ↗
2024 Espejo became a director. NBB
2024 Estornudo became a director. NBB
2024 Gwalpe became a director. NBB
Jan 24, 2001 New establishment in Andenne. KBO

In short

From € 420,287 profit in 2022 to € 291,340 profit in 2025.

Paid € 582,754 in corporate taxes since 2022.

Best year ever: 2023, with € 706,278 profit.

On average € 83,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

PATISSERIE ALSACIENNE BLOCH 100%

The stake of PATISSERIE ALSACIENNE BLOCH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PANISTAR

The shares are held by PATISSERIE ALSACIENNE BLOCH (100%).

Directors

According to the 2025 annual accounts

Espejo

Director · represented by Filip De Spiegeleire

Also active at: LABORATORIA QUALIPHAR, Leopold Van de Casserie, CULINOR, Culinor Food Group, LOGIVEST, PRESTIGE BREAKFAST

since 2024 · until 2029

Estornudo

Director · represented by Werner Nies

Also active at: PATISSERIE ALSACIENNE BLOCH, COVIFOOD, Tasty Food Factory, PRESTIGE BREAKFAST

since 2024 · until 2029

Gwalpe

Director · represented by Kathia Snick

Also active at: Leopold Van de Casserie

since 2024 · until 2029

Shareholders

PATISSERIE ALSACIENNE BLOCH

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Sous Meuse 17 box A

5300 Andenne

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

Website

HTTPS panistar.com

Canonical: https://www.panistar.com/

Technologies

Contact Form 7DiviGoogle FontsGoogle Tag ManagerNginxPHPWPMLWooCommerceWordPressYoast SEOjQueryreCAPTCHA

Hosting & Email

Email provider

Microsoft 365

Hosting

VERIXI, BE

DNS

OVH DNS

Domain

panistar.com

Registered

2003-01-28

Registrar

OVH sas

Expires

2027-01-28

Website info

HTTPS Ja

Languages FR, NL

Features

Webshop Ads

Security

✓ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0446.958.677

VAT number

BE 0446.958.677

Registered office

Rue Sous Meuse 17 bus A, 5300 Andenne

Names & denominations

PANISTAR

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

23 March 1992

Peppol

Active · Active since 19 Dec 2025

Contact

panistar.com

Activities · NACE

Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk

Artisanale brood- en banketbakkerijen

Industriële bakkerijen

Industriële vervaardiging van brood en van vers banketbakkerswerk

View on CBE Public ↗ Annual accounts (NBB) ↗

PANISTAR

Financials

What happened to PANISTAR?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions