Financials
Financial year 2024
BAKKERIJ PANDA from Oudenaarde, company number BE0685822464, closed financial year 2024 with a result of € 555,412 after tax. For that financial year BAKKERIJ PANDA recorded a gross margin of € 1.5 million and equity of € 2.5 million. Compared with financial year 2023, the result moved from € 389,026 to € 555,412. 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 August 29, 2025.
€ 2.5 million
▲ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 555,412
▲ 43% vs 2023
Profit after tax over the fiscal year.
€ 1 million
▲ 98% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 353,000 paid out
64 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
9.2
Average over the fiscal year, from the social balance sheet.
€ 605,597
▲ 23% vs 2023
€ 65,800 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.
€ 19,989
▲ 30% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 861,293
▼ 11% vs 2023
€ 108,343 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 464,053
▲ 113% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 126,673
▲ 23% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,042,690 | € 1,077,329 | € 1,229,440 | € 1,460,022 | ▲ 19% |
| Profit after taxes | € 459,942 | € 445,029 | € 389,026 | € 555,412 | ▲ 43% |
| Equity | € 1,793,963 | € 2,102,521 | € 2,309,547 | € 2,511,960 | ▲ 9% |
| Total debts | € 1,166,600 | € 1,113,485 | € 1,297,114 | € 1,470,600 | ▲ 13% |
| Cash | € 770,797 | € 754,663 | € 510,537 | € 1,010,310 | ▲ 98% |
| Land & buildings | € 625,184 | € 701,430 | € 1,264,674 | € 1,333,009 | ▲ 5% |
| Retained profit | € 1,468,963 | € 1,777,521 | € 1,984,547 | € 2,186,960 | ▲ 10% |
| Dividend | € 82,500 | € 136,471 | € 182,000 | € 353,000 | ▲ 94% |
| Bank debt | € 664,068 | € 645,048 | € 967,487 | € 861,293 | ▼ 11% |
| Balance sheet total | € 2,960,563 | € 3,216,006 | € 3,606,662 | € 3,982,560 | ▲ 10% |
| Employees (FTE) | 9.2 | 9.2 | 9.2 | 9.2 |
Key figures of BAKKERIJ PANDA, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BAKKERIJ PANDA?
What happened at BAKKERIJ PANDA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 555,412 (▲ 43% vs 2023). filed late Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
- Mathieu De Maertelaere became a director. NBB
- Charis De Pandelaere became a director. NBB
In short
From € 459,942 profit in 2021 to € 555,412 profit in 2024.
Paid € 525,427 in corporate taxes since 2021.
Best year ever: 2024, with € 555,412 profit.
On average € 158,700 of value added per employee in 2024.
Management
Behind BAKKERIJ PANDA are Mathieu De Maertelaere and Charis De Pandelaere.
Directors
According to the 2024 annual accounts
Mathieu De Maertelaere
Director
since 2017
Charis De Pandelaere
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Ohiostraat 90
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0685.822.464
- VAT number
- BE 0685.822.464
- Registered office
- Ohiostraat 90, 9700 Oudenaarde
- Names & denominations
- BAKKERIJ PANDA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2017
- Peppol
- Active · Active since 20 Jan 2026
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)