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 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Pandafhankelijk from Gent, company number BE0780850196, closed financial year 2025 with a result of € 15,645 after tax. For that financial year Pandafhankelijk recorded a gross margin of € 21,695 and equity of € -7,633. Compared with financial year 2024, the result moved from € -13,457 to € 15,645. 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 August 25, 2026.
€ -7,633
▲ € 15,645 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,645
▲ still € 13,457 loss in 2024
Profit after tax over the fiscal year.
€ 18,764
▲ € 17,238 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 € -17,633.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,386
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,313
▲ 38% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -17,352 | € 4,480 | € -4,162 | € 21,695 | ▲ € 25,858 |
| Profit after taxes | € -20,333 | € 512 | € -13,457 | € 15,645 | ▲ € 29,102 |
| Equity | € -10,333 | € -9,821 | € -23,278 | € -7,633 | ▲ € 15,645 |
| Total debts | € 30,906 | € 35,048 | € 35,252 | € 37,556 | ▲ 7% |
| Cash | € 4,579 | € 6,128 | € 1,527 | € 18,764 | ▲ € 17,238 |
| Retained profit | € -20,333 | € -19,821 | € -33,278 | € -17,633 | ▲ € 15,645 |
| Balance sheet total | € 20,573 | € 25,227 | € 11,974 | € 29,923 | ▲ 150% |
Key figures of Pandafhankelijk, 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 Pandafhankelijk?
What happened at Pandafhankelijk in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,645. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 20,333 loss in 2022 to € 15,645 profit in 2025.
Paid € 2 in corporate taxes since 2022.
Best year ever: 2025, with € 15,645 profit.
Management
Behind Pandafhankelijk is Hart Cornelis.
Directors
According to the 2025 annual accounts
Hart Cornelis
Director
Establishments
Establishment units
Physical locations of this company
Begijnengracht 34
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Bert Declercq(oprichter) 50%
- Emma Lydie Dominique Marcel Willy Fabienne Keppens(oprichter) 50%
Details
- Company number
- 0780.850.196
- VAT number
- BE 0780.850.196
- Registered office
- Begijnengracht 34, 9000 Gent
- Names & denominations
- Pandafhankelijk
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 2022
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
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