Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Madame Panier from Gent, company number BE0719890151, closed financial year 2025 with a result of € -12,117 after tax. For that financial year Madame Panier recorded a gross margin of € 34,938 and equity of € -10,243. Compared with financial year 2024, the result moved from € 853 to € -12,117. 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 July 14, 2026.
€ -10,243
▼ € 8,818 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,117
▼ still € 853 profit in 2024
Profit after tax over the fiscal year.
€ 836
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -19,743.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 23,933
▲ 34% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 754
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 72,534
▼ 14% vs 2024
€ 7,372 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 42,440
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,687
▲ 81% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,281 | € 34,293 | € 51,034 | € 34,938 | ▼ 32% |
| Profit after taxes | € -11,009 | € -16,195 | € 853 | € -12,117 | ▼ € 12,970 |
| Equity | € 13,917 | € -2,279 | € -1,426 | € -10,243 | ▼ € 8,818 |
| Total debts | € 173,913 | € 170,528 | € 177,918 | € 190,794 | ▲ 7% |
| Cash | € 7,398 | € 487 | € 801 | € 836 | ▲ 4% |
| Retained profit | € 7,717 | € -8,479 | € -7,626 | € -19,743 | ▼ € 12,118 |
| Bank debt | € 101,018 | € 73,457 | € 84,113 | € 72,534 | ▼ 14% |
| Balance sheet total | € 187,829 | € 168,250 | € 176,492 | € 180,550 | ▲ 2% |
Key figures of Madame Panier, 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 Madame Panier?
What happened at Madame Panier in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,118 (▼ € 12,970 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Knokke-Heist. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,009 loss in 2022 to € 12,118 loss in 2025.
Paid € 3,477 in corporate taxes since 2022.
Best year ever: 2024, with € 853 profit.
Management
Behind Madame Panier is Liselotte Verstringe.
Directors
According to the 2025 annual accounts
Liselotte Verstringe
Director
Establishments
Establishment units
Physical locations of this company
Driesstraat 43
9050 Gent
Lippenslaan 2
8300 Knokke-Heist
Active since 6 February 2019
Brabantdam 58
9000 Gent
Active since 21 November 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0719.890.151
- VAT number
- BE 0719.890.151
- Registered office
- Driesstraat 43, 9050 Gent
- Names & denominations
- Madame Panier
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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