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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HORECA UITBATING DE PANNE from Nieuwpoort, company number BE0748770615, closed financial year 2025 with a result of € 3,640 after tax. For that financial year HORECA UITBATING DE PANNE recorded a gross margin of € 10,783 and equity of € -19,348. Compared with financial year 2024, the result moved from € -1,121 to € 3,640. Profitable, and profit is growing. 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 October 5, 2026.
€ -19,348
▲ € 3,640 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,640
▲ still € 1,121 loss in 2024
Profit after tax over the fiscal year.
€ 4,715
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -20,348.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,930
▼ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 40,762 | - | - | - | |
| Gross margin | € -5,518 | € -2,367 | € 3,682 | € 10,783 | ▲ 193% |
| Profit after taxes | € -9,740 | € -11,893 | € -1,121 | € 3,640 | ▲ € 4,760 |
| Equity | € -9,974 | € -21,867 | € -22,988 | € -19,348 | ▲ € 3,640 |
| Total debts | € 46,263 | € 55,921 | € 52,177 | € 45,696 | ▼ 12% |
| Cash | € 92 | € 3,576 | € 3,897 | € 4,715 | ▲ 21% |
| Retained profit | € -10,974 | € -22,867 | € -23,988 | € -20,348 | ▲ € 3,640 |
| Bank debt | € 17,944 | € 11,889 | € 4,498 | € 0 | ▼ 100% |
| Balance sheet total | € 36,290 | € 34,054 | € 29,189 | € 26,348 | ▼ 10% |
Key figures of HORECA UITBATING DE PANNE, 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 HORECA UITBATING DE PANNE?
What happened at HORECA UITBATING DE PANNE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,640. filed late Source: NBB ↗
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,740 loss in 2022 to € 3,640 profit in 2025.
Paid € 1,140 in corporate taxes since 2022.
Best year ever: 2025, with € 3,640 profit.
Management
Behind HORECA UITBATING DE PANNE are Alain Vanhuyse and Elena Borzova.
Directors
According to the 2025 annual accounts
Alain Vanhuyse
Director
Elena Borzova
Director
Establishments
Establishment units
Physical locations of this company
Vlaanderenstraat 3 box 3
8620 Nieuwpoort
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
- 0748.770.615
- VAT number
- BE 0748.770.615
- Registered office
- Vlaanderenstraat 3 bus 3, 8620 Nieuwpoort
- Names & denominations
- HORECA UITBATING DE PANNE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2020
- Peppol
- Active · Active since 5 May 2026
- Activities · NACE
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