Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
panHorama Benelux from Thuin, company number BE0782410512, closed financial year 2025 with a result of € -1,932 after tax. For that financial year panHorama Benelux recorded a gross margin of € -1,072 and equity of € -4,796. Compared with financial year 2024, the result moved from € -482 to € -1,932. 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 August 26, 2026.
€ -4,796
▼ € 1,932 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,932
▼ 301 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,860
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6,796.
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.
€ 424
▲ € 354 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,568 | € -369 | - | € -1,072 | |
| Profit after taxes | € -3,590 | € -792 | € -482 | € -1,932 | ▼ € 1,450 |
| Equity | € -1,590 | € -2,382 | € -2,864 | € -4,796 | ▼ € 1,932 |
| Total debts | € 2,018 | € 10,077 | € 8,867 | € 9,656 | ▲ 9% |
| Cash | - | € 6,792 | € 5,925 | € 4,860 | ▼ 18% |
| Retained profit | € -3,590 | € -4,382 | € -4,864 | € -6,796 | ▼ € 1,932 |
| Balance sheet total | € 428 | € 7,695 | € 6,002 | € 4,860 | ▼ 19% |
Key figures of panHorama Benelux, 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 panHorama Benelux?
What happened at panHorama Benelux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,932. filed late Source: NBB ↗
- OLIVIER THOMAS became a director. NBB
- New establishment in Thuin. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,590 loss in 2022 to € 1,932 loss in 2025.
Management
Behind panHorama Benelux is OLIVIER THOMAS.
Directors
According to the 2025 annual accounts
OLIVIER THOMAS
Managing director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue Crombouly(THN) 64
6530 Thuin
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0782.410.512
- VAT number
- BE 0782.410.512
- Registered office
- Rue Crombouly(THN) 64, 6530 Thuin
- Names & denominations
- panHorama Benelux
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2022
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Detailhandel in verlichtingsartikelen
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels