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PANKOEK

Active
Private limited companyfounded 2021active for 5 yearsHandelsstraat 11, 8630 Veurne, BelgiumKBO/BCE: BE 0765.217.162

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

PANKOEK has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €1.8m. Equity has been growing by about 126% per year since 2021. Its solvency ranks better than 42% of 1,008 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

KBO
Status
Active since 16-03-2021 Normal situation
Activity
Manufacture of food products NACE 10711and 2 others
Establishment unit
2.316.140.066 8630 Veurne, since 16-03-2021
Financial year end
31 December
Peppol
Reachable since 18-06-2025

Board and ownership

Board
  • De Zaeyer DelphineDirector
  • Lambert MaximDirector

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Gross margin
€441,483
▲ 50.9%
Turnover
≈ €1.0m
estimated
Profit
€1.8m
▲ 718%
Equity
€2.1m
▲ 477%
Total assets
€7.6m
▲ 589%
Filed on 31-07-2026, on timeat the National Bank
Score breakdownraises riskLiquidity: current ratio 0.28, cash €58,333Founded in 2021Sector: Manufacture of food products (NACE 10)lowers riskSize: total assets €7.6mShow the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 69% of small companies in food products (NACE 10)
Financial strength · tick: 2024
Strong
Solvency 53-6
equity 28.0% of total assets
Liquidity 41+17
short-term debt 26.2% · cash 0.8%
Profitability 98+5
return on assets 23.2%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (630 companies, NACE 10, small)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 1.3%▲ +0.1 percentage points vs 04-2025 06-2025: 1.6%▲ +0.3 percentage points vs 05-2025 07-2025: 1.8%▲ +0.2 percentage points vs 06-2025 08-2025: 2.4%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 0.8%▼ -1.6 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.9%▲ +0.1 percentage points vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 1.0%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%▲ +0.2 percentage points vs 05-2026 07-2026: 1.4%▲ +0.2 percentage points vs 06-2026 08-2026: 0.7%▼ -0.7 percentage points vs 07-2026lowest value 09-2026: 0.7%● unchanged vs 08-2026lowest value 10-2026: 1.2%▲ +0.5 percentage points vs 09-2026
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.28 (0.63 in 2024), below 1. Short-term debt is 26.2% and cash 0.8% of total assets. 72% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, small). It does better than 39% of them on solvency, 44% on liquidity, 95% on profitability and 99% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.28, cash €58,333
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
lowers risk · Size: total assets €7.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
29 days early
2022
53 days early
2021
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 11 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €213,991 to €1.8m ▲ 718% View
  • Positive: Higher net result than 95% of companies in food productssector median €33,800 · 1,007 companies €1.8m View
  • Positive: 5 profitable years in a rowprofit 2025: €1.8m 5 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Comparable companies

These companies have the same main activity as PANKOEK: manufacture of food products (NACE 10711). They are comparable in size and age: total assets between €1.4m and €3.4m, founded between 2017 and 2022.

CompanyTotal assetsGross margin
PANKOEK Veurne€7.6m€0.4m
ALFIERO Seraing€2.5m€0.7m
Healthy Bakery Products Zele€3.4m€1.2m
LVCV Harelbeke€2.0m€1.2m
KULTUR BAKERY Gent€1.5m€0.5m
HIMSCHOOT Gent€1.8m€0.2m
Brood Stekene€1.4m€0.6m
Full comparison

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about PANKOEK

What is the company number of PANKOEK?
The company number of PANKOEK is 0765.217.162. The VAT number is the same number with BE in front: BE 0765.217.162.
Where is PANKOEK based?
The registered office is at Handelsstraat 11, 8630 Veurne.Company details
What does PANKOEK do?
According to the KBO register, the main activity is manufacture of food products (NACE 10711).
What is the legal form of PANKOEK?
The legal form of PANKOEK is Private limited company (BV).
When was PANKOEK founded?
PANKOEK was founded on 16-03-2021.
Is PANKOEK still active?
Yes, PANKOEK is an active enterprise in the KBO register.
What is the turnover of PANKOEK?
The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €441,483 and 2,285 comparable companies of the same size. It probably lies between €630,000 and €1.8m. It is a rough estimate.Financials
Is PANKOEK profitable?
In financial year 2025, PANKOEK made a profit of €1.8m.
Where can I find the annual accounts of PANKOEK?
PANKOEK filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of PANKOEK due?
PANKOEK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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