Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PANDT from Moorslede, company number BE0674677164, closed financial year 2025 with a result of € -98,517 after tax. For that financial year PANDT recorded a gross margin of € 77,246 and equity of € 40,276. Compared with financial year 2024, the result moved from € 779 to € -98,517. The company made a loss. The buffer shrank hard: equity is 71 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 40,276
▼ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -98,517
▼ still € 779 profit in 2024
Profit after tax over the fiscal year.
€ 130,036
▲ 173% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10,276.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 96,007
▲ 3% vs 2024
€ 96,000 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.
€ 15,098
▲ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ 28% vs 2024
Loans from banks and other lenders, long and short.
€ 82,562
▲ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 103,362
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 134,003 | € 195,464 | € 213,549 | € 77,246 | ▼ 64% |
| Profit after taxes | € 13,133 | € 25,586 | € 779 | € -98,517 | ▼ € 99,296 |
| Equity | € 112,427 | € 138,013 | € 138,793 | € 40,276 | ▼ 71% |
| Total debts | € 1,705,362 | € 1,823,786 | € 2,069,992 | € 2,364,215 | ▲ 14% |
| Cash | € 202,214 | € 57,163 | € 47,573 | € 130,036 | ▲ 173% |
| Retained profit | € 82,427 | € 108,013 | € 108,793 | € 10,276 | ▼ 91% |
| Bank debt | € 901,253 | € 964,592 | € 1,065,818 | € 1,359,999 | ▲ 28% |
| Balance sheet total | € 1,817,790 | € 1,961,799 | € 2,208,785 | € 2,404,491 | ▲ 9% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of PANDT, 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 PANDT?
What happened at PANDT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 98,517 (▼ € 99,296 vs 2024). Source: NBB ↗
- New establishment in Moorslede. KBO
- Isabelle Masschelein became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 13,133 profit in 2022 to € 98,517 loss in 2025.
Paid € 7,918 in corporate taxes since 2022.
Best year ever: 2023, with € 25,586 profit.
On average € 77,200 of value added per employee in 2025.
Management
Behind PANDT is Isabelle Masschelein. Isabelle Masschelein is also behind ALLTOPE and GRONDT.
Establishments
Establishment units
Physical locations of this company
Beselarestraat 103
8890 Moorslede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →JANMAS
€ 185,331 gross margin · 2025
CHAMPIMAS
€ 24,112 gross margin · 2025
ALLTOPE same network
€ 390,001 gross margin · 2026
GROEP MASSCHELEIN
GRONDT same network
€ 33,455 gross margin · 2025
+3 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
- 0674.677.164
- VAT number
- BE 0674.677.164
- Registered office
- Beselarestraat 103, 8890 Moorslede
- Names & denominations
- PANDT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 2017
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Activiteiten van syndici van onroerend goed
Ontwikkeling van residentiële bouwprojecten
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis