Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PANDOX ROYALE from Brussel, company number BE0476704322, closed financial year 2025 with a result of € -275,928 after tax. For that financial year PANDOX ROYALE recorded a gross margin of € 2.9 million and equity of € -1.4 million. Compared with financial year 2024, the result moved from € -616,887 to € -275,928. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ -1.4 million
▼ € 276,346 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -275,928
▲ 55 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.3 million.
People and assets in 2025
€ 464,193
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 32.7 million
Loans from banks and other lenders, long and short.
€ 26,508
▲ 169% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,965
▲ 240% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,178,249 | € 3,001,726 | € 2,959,873 | € 2,898,088 | ▼ 2% |
| Profit after taxes | € 382,267 | € 262,668 | € -616,887 | € -275,928 | ▲ € 340,959 |
| Equity | € -812,647 | € -550,397 | € -1,167,703 | € -1,444,049 | ▼ € 276,346 |
| Total debts | € 33,958,376 | € 33,083,606 | € 32,991,270 | € 32,981,755 | |
| Land & buildings | € 6,894,917 | € 6,548,654 | € 6,202,392 | € 5,856,130 | ▼ 6% |
| Retained profit | € -3,628,506 | € -3,365,838 | € -3,982,725 | € -4,258,653 | ▼ € 275,928 |
| Bank debt | € 33,681,343 | € 32,816,712 | € 32,658,000 | € 32,658,000 | |
| Balance sheet total | € 33,145,729 | € 32,533,209 | € 31,823,567 | € 31,537,706 | ▼ 1% |
Key figures of PANDOX ROYALE, 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 PANDOX ROYALE?
What happened at PANDOX ROYALE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jonas Törner stepped down as director. NBB
- Lars Häggström stepped down as director. NBB
- Anneli Lindblom stepped down as director. NBB
- Kanri Hotel Management BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 275,928. Source: NBB ↗
- Jonas Törner became a director. NBB
- Lars Häggström became a director. NBB
- Anneli Lindblom became a director. NBB
In short
From € 382,267 profit in 2022 to € 275,928 loss in 2025.
Paid € 455,821 in corporate taxes since 2022.
Best year ever: 2022, with € 382,267 profit.
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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
It owns 99% of Pandox Charlemagne itself.
Directors
According to the 2025 annual accounts
Lars Häggström
Director
Also active at: HOLCRO, LE NOUVEAU PALACE, TOWN HOTEL, SWISS HOTELS LEASING COMPANY, Grand Hotel of Brussels, IMMO HOTEL BCC, PANDOX CHARLEMAGNE, Pandox Holidaystraat +3 more
since 2023 · until 2029
Kanri Hotel Management BV
Managing director · represented by Aldert Schaaphok
Also active at: HOLCRO, TOWN HOTEL, SWISS HOTELS LEASING COMPANY, Grand Hotel of Brussels, Pandox RMC, PANDOX CHARLEMAGNE, Pandox Holidaystraat, ELBA BELGIUM HOLDING
since 2021 · until 2027
since 2023 · until 2028
Jonas Törner
Director
Also active at: HOLCRO, TOWN HOTEL, SWISS HOTELS LEASING COMPANY, Grand Hotel of Brussels, IMMO HOTEL BCC, Pandox RMC, PANDOX CHARLEMAGNE, Pandox Holidaystraat +3 more
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Waterloolaan 38
1000 Brussel
Koningsstraat 250
1210 Sint-Joost-ten-Node
Active since 19 April 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Grand Hotel of Brussels same network
€ 1 million gross margin · 2025
SALIX
€ 7,772 gross margin · 2025
HAUT DE LA VILLE - FEDERATION DES COMMERCANTS DU BOULEVARD DE WATERLOO
IMMO HOTEL BCC same network
€ 2.1 million gross margin · 2025
Pandox RMC same network
€ 169,583 gross margin · 2025
+6 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
- 0476.704.322
- VAT number
- BE 0476.704.322
- Registered office
- Waterloolaan 38, 1000 Brussel
- Names & denominations
- PANDOX ROYALE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2002
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
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