Checked.be
Active
BE 0754.624.366Private limited company
PETIT PANDOU
Oude Graanmarkt 47 ·1000 Brussel, Belgium· 5 yrs active
Sector: Computer programming
(62100)
Conclusion
PETIT PANDOU has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €210k and a net result of €-169k. Equity is growing by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 39% of 16619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €210k |
| Net result | €-169k |
| Staff (FTE) | 0.8 |
| Better than sector | 39% |
Financial profile
54
/ 100
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
45
Profitability
0
Solvency
86
Growth
52
Stability
86
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
Strikeout withdrawn
Checked score
45
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€9k
estimate, not credit advice
Score history
78
2021
32
2022
38
2023
58
2024
45
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.75 (≥ 1.5)
+10
Quick ratio
Quick ratio 1.75 (≥ 1.0)
+5
Leverage
Debt/equity 1.15 (< 2.0)
+3
Profitability
Negatieve ROE -81%
-10
Interest coverage
Interest coverage -1.7× (< 1.5×)
-10
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-07-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~37.7%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 46.5% | 60.0% | |
| Net result | €-169k | €29k | |
| Equity | €210k | €72k | |
| Gross operating margin | €-85k | €55k | |
| Staff costs | €40k | €25k |
€-144k
-183.6%
21-25
€-169k
-
21-25
€-151k
-
21-25
€452k
-75.9%
21-25
€210k
-44.6%
21-25
€180k
-53.5%
21-25
1
-11.1%
21-25
€40k
-26.2%
21-25
€54k
+945.5%
21-25
€241k
-83.9%
21-25
€241k
-83.3%
21-25
€3.90M
-
21-25
1.75
+37.7%
21-25
1.75
+37.7%
21-25
46.5%
+129.9%
21-25
1.15
-70.9%
21-25
-80.5%
-
21-25
-37.5%
-
21-25
-1.74
-246.1%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | abbreviated schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €-144k | €-51k | €-35k | €-908k | €70k |
| Net profit | €-169k | €103k | €-7k | €-955k | €46k |
| Cash flow | €-151k | €118k | €3k | €-947k | €47k |
| Staff costs | €40k | €55k | €93k | €86k | €42k |
| Income taxes | - | €54k | €5k | €32k | €23k |
| Dividends | - | - | - | - | - |
| Total assets | €452k | €1.87M | €3.92M | €3.97M | €225k |
| Equity | €210k | €379k | €277k | €-894k | €61k |
| Debt | €241k | €1.50M | €3.64M | €4.09M | €164k |
| of which ≤ 1y | €241k | €1.44M | €3.63M | €3.64M | €164k |
| of which > 1y | - | - | - | €3.90M | - |
| Working capital | €180k | €387k | €266k | €307k | €59k |
| Employees (FTE) | 0.8 | 0.9 | 1.0 | 1.8 | 0.6 |
Note: these years are not on the same basis. The filed schemas differ (micro schema, abbreviated schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.75 | 1.27 | 1.07 | 1.08 | 1.36 |
| Quick ratio | 1.75 | 1.27 | 1.07 | 1.08 | 1.36 |
| Working capital ratio | 39.8% | 20.6% | 6.8% | 7.7% | 26.2% |
| Solvency | 46.5% | 20.2% | 7.1% | -22.5% | 27.2% |
| Debt / equity | 1.15 | 3.94 | 13.15 | -4.57 | 2.68 |
| Long-term debt ratio | - | - | - | -4.36 | - |
| Interest coverage | -1.74 | -0.50 | -2.65 | -2.82 | 144.31 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -37.5% | 5.5% | -0.2% | -24.1% | 20.5% |
| ROE | -80.5% | 27.0% | -2.6% | 106.9% | 75.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €452k | €1.87M | €3.92M | €3.97M | €225k |
| Fixed assets | 21/28 | €31k | €48k | €22k | €29k | €2k |
| Tangible fixed assets | 22/27 | €31k | €48k | €22k | €29k | €2k |
| Current assets | 29/58 | €421k | €1.83M | €3.89M | €3.94M | €223k |
| Amounts receivable within one year | 40/41 | €188k | €1.44M | €3.75M | €3.75M | €63k |
| Investments | 50/53 | €229k | €229k | €95k | €37k | - |
| Cash & bank | 54/58 | €4k | €161k | €47k | €117k | €160k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €452k | €1.87M | €3.92M | €3.97M | €225k |
| Equity | 10/15 | €210k | €379k | €277k | €-894k | €61k |
| Contributions / capital | 10/11 | €15k | €15k | €15k | €15k | €15k |
| Accumulated profits (losses) | 14 | €195k | €364k | €262k | €-909k | €46k |
| Amounts payable | 17/49 | €241k | €1.50M | €3.64M | €4.09M | €164k |
| Amounts payable after one year | 17 | - | - | - | €3.90M | - |
| Amounts payable within one year | 42/48 | €241k | €1.44M | €3.63M | €3.64M | €164k |
| Trade debts payable within one year | 44 | €387 | €387 | - | €35k | €137k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-85k | €21k | €74k | €140k | €112k |
| Operating result | 9901 | €-162k | €-66k | €-46k | €-916k | €70k |
| Financial income | 75 | €75k | €323k | €57k | €438k | €34 |
| Financial charges | 65 | €83k | €101k | €13k | €322k | €486 |
| Result before taxes | 9903 | €-169k | €156k | €-2k | €-928k | €69k |
| Income taxes | 67/77 | - | €54k | €5k | €32k | €23k |
| Net result for the period | 9904 | €-169k | €103k | €-7k | €-955k | €46k |
| Result to be appropriated | 9905 | €-169k | €103k | €-7k | €-955k | €46k |
Legal Structure
| NACE primary | Computer programming(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 18-09-2020 |
| Status | Active |
| Postal code | 1000 |
Establishment units
PETIT PANDOU
since 20202.307.619.706
Real-estate footprint
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0705/00H000 | Brussels | 7,758 m² | 1 · 217 m² | 18.6 m · 5 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
14-08
KBO administration
Strikeout withdrawn
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 365 days late
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 729 days late
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 753 days late
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1460 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 753 days late
2024
31-12
Financial
Back to profitnet €103k
Net result €103k after 2 loss-making years.
2023
31-12
Financial
Equity above €200kEq €277k
Equity rises from €-894k to €277k.
2022
31-12
Financial
Weakest financial yearnet €-955k ▼2166%
Net result drops to €-955k, the lowest in the series; recovery starts the following year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Lifecycle & Insolvency Signals
14-08-2026
KBO administration
Strikeout withdrawn
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Computer programming, consultancy and related activities62010Computer programming62100Other software publishing58290Other information technology and computer services62900Computing infrastructure, data processing, hosting and related activities63100Computing infrastructure, data processing, hosting and other information service activities63110Computing infrastructure, data processing, hosting and other information service activities63120Web portal activities63910Business and other management consultancy70200Business consulting70220
Names & trade names
| Legal nameFR | PETIT PANDOU |
Registration history
- 14-08-2026 Strikeout withdrawn
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