Active · per the CBE, 16 September 2026

PANDENFONDS

BE0897734802

Rechtspersoon Public limited company 1 establishment

PANDENFONDS is an engineering firm in Kortrijk. Public Limited, started on 29 April 2008, 1 establishment.

Grote Markt(Kor) 54, 8500 Kortrijk

Active for

18 year, 4 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

PANDENFONDS from Kortrijk, company number BE0897734802, closed financial year 2025 with a result of € -295,346 after tax. For that financial year PANDENFONDS recorded a gross margin of € 24,687 and equity of € 947,827. Compared with financial year 2024, the result moved from € -163,163 to € -295,346. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 16, 2026.

What it is worth Healthy

€ 947,827

▼ 24% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -295,346

▼ 81 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 257,177

▼ 53% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -710,241.

Debts at end 2025

Bank debt

€ 5.3 million

▲ 1% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 177,643

▼ 61% vs 2024

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -17,958 € 124 € -47,491 € 24,687 ▲ € 72,178
Profit after taxes € -86,388 € -167,336 € -163,163 € -295,346 ▼ € 132,183
Equity € 1,573,672 € 1,406,335 € 1,243,173 € 947,827 ▼ 24%
Total debts € 1,049,277 € 2,665,191 € 5,916,864 € 5,448,109 ▼ 8%
Cash € 365,585 € 414,408 € 552,934 € 257,177 ▼ 53%
Land & buildings € 1,932,054 € 2,749,600 € 4,895,370 € 4,490,587 ▼ 8%
Retained profit € -84,396 € -251,732 € -414,895 € -710,241 ▼ € 295,346
Bank debt € 941,811 € 2,292,286 € 5,201,383 € 5,258,378 ▲ 1%
Balance sheet total € 2,622,949 € 4,103,526 € 7,160,037 € 6,395,936 ▼ 11%

Key figures of PANDENFONDS, 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 PANDENFONDS?

What happened at PANDENFONDS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • WOUT MADDENS stepped down as director. NBB
  • FRITS DHAENENS stepped down as director. NBB
  • EEF VANDENBOGAERDE stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 295,346. Source: NBB ↗
  • PARTICIPATIEMAATSCHAPPIJ VLAANDEREN NV stepped down as director. NBB
  • MARC NEIRINCKX stepped down as director. NBB
  • FRITS DHAENENS became a director. NBB
  • KELLY DETAVERNIER stepped down as director. NBB

In short

From € 86,388 loss in 2022 to € 295,346 loss in 2025.

Management

The stake of Participatiemaatschappij Vlaanderen comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PANDENFONDS

The shares are held by Participatiemaatschappij Vlaanderen (40%).

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Directors

According to the 2025 annual accounts

WOUT MADDENS

Chairman of the board

Also active at: INTERCOMMUNALE LEIEDAL, XOM

since 2020 · until 2031

FRITS DHAENENS

Director

since 2025 · until 2031

since 2020 · until 2025

EEF VANDENBOGAERDE

Director

Also active at: SW+

since 2025 · until 2031

MARC NEIRINCKX

Director

Also active at: LAK INVEST, HANDELSBEURS ANTWERPEN

since 2021 · until 2026

RUBEN MAYEUR

Director

since 2020 · until 2025

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Grote Markt(Kor) 54

8500 Kortrijk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0897.734.802
VAT number
BE 0897.734.802
Registered office
Grote Markt(Kor) 54, 8500 Kortrijk
Names & denominations
PANDENFONDS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
29 April 2008
Peppol
Active · Active since 23 Oct 2025
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Frequently asked questions

What does PANDENFONDS do?
PANDENFONDS is an engineering firm in Kortrijk. Public Limited, started on 29 April 2008, 1 establishment.
What is the address of PANDENFONDS?
The registered office of PANDENFONDS is located at Grote Markt(Kor) 54, 8500 Kortrijk.
Is PANDENFONDS still active?
Yes. According to the CBE (16 September 2026) PANDENFONDS is active, legal situation “Normale toestand”, started on 29 April 2008.
Is PANDENFONDS registered on Peppol?
Yes, PANDENFONDS is registered on the Peppol network with ID 0208:0897734802.
What is the enterprise number of PANDENFONDS?
The enterprise number of PANDENFONDS is BE0897734802.
When was PANDENFONDS founded?
PANDENFONDS was founded on 29 April 2008.