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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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Panabo from Bree, company number BE0743966145, closed financial year 2026 with a result of € 158,955 after tax. For that financial year Panabo recorded a gross margin of € 121,891 and equity of € 587,199. Compared with financial year 2025, the result moved from € 290,314 to € 158,955. 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 June 18, 2026.
€ 587,199
▼ 14% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 158,955
▼ 45% vs 2025
Profit after tax over the fiscal year.
€ 40,941
▲ 41% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 252,652 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2026
€ 651,103
▼ 17% vs 2025
€ 123,339 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 9,510
▲ 7% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 6,228
▲ 40% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 259,952 | € 149,202 | € 114,608 | € 121,891 | ▲ 6% |
| Profit after taxes | € 384,897 | € 75,162 | € 290,314 | € 158,955 | ▼ 45% |
| Equity | € 515,420 | € 590,582 | € 680,896 | € 587,199 | ▼ 14% |
| Total debts | € 1,045,465 | € 931,752 | € 814,189 | € 886,243 | ▲ 9% |
| Cash | € 25,255 | € 24,723 | € 29,093 | € 40,941 | ▲ 41% |
| Land & buildings | € 941,816 | € 900,907 | € 859,998 | € 819,089 | ▼ 5% |
| Retained profit | € 510,420 | € 585,582 | € 675,896 | € 582,199 | ▼ 14% |
| Dividend | € 0 | € 0 | € 200,000 | € 252,652 | ▲ 26% |
| Bank debt | € 1,008,392 | € 896,308 | € 785,620 | € 651,103 | ▼ 17% |
| Balance sheet total | € 1,560,885 | € 1,522,334 | € 1,495,085 | € 1,473,442 | ▼ 1% |
Key figures of Panabo, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Panabo?
What happened at Panabo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 158,955 (▼ 45% vs 2025). Source: NBB ↗
- New establishment in Bree. KBO
- Start of the company according to the CBE. KBO
In short
From € 384,897 profit in 2023 to € 158,955 profit in 2026.
Paid € 85,820 in corporate taxes since 2023.
Best year ever: 2023, with € 384,897 profit.
Paid out € 452,652 in dividends to the owners in total.
Management
Behind Panabo are Nadine Bloemen and Patrick Meurs. It owns 50% of MB-Trade itself.
Establishments
Establishment units
Physical locations of this company
Kerkstraat 52
3960 Bree
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0743.966.145
- VAT number
- BE 0743.966.145
- Registered office
- Kerkstraat 52, 3960 Bree
- Names & denominations
- Panabo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2020
- Peppol
- Active · Active since 3 Jul 2025
- Activities · NACE
Activiteiten van syndici van onroerend goed
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen