ACTIVE

PANIBEL

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Financial year 2025 · Closed on 31/12/2025

Net result226,9 k €-18,9 %over 1 year

Revenue11,6 M €+2,2 %over 1 year

Equity2,7 M €+9,0 %over 1 year

Workforce101,2 ETP+3,7 %over 1 year

Identity

Source · BCE/KBO

PANIBEL is a Public limited company incorporated in 1988. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Ans. It employs on average 101,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0435.384.401
Incorporation: 26/09/1988
Legal form: Public limited company
Registered office: Rue des Technologies 24
4432 Ans · WallonieSee on map
Contributed capital: 250 000,00 €
Latest accounts: 31/12/2025
Average workforce: 101,2 ETP

Activities (NACE)

10712Manufacture of bread; manufacture of fresh pastry goods and cakes· main 10712Manufacture of bread; manufacture of fresh pastry goods and cakes 15812Manufacture of leather and related products

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	11,6 M €	+2.2%	11,3 M €	+3.7%	10,9 M €	+12.0%	9,8 M €	+32.3%	7,4 M €
EBITDA	1,2 M €	+0.6%	1,2 M €	+42.4%	843,7 k €	+21.5%	694,5 k €	-31.9%	1 M €
Operating result	387,9 k €	-18.2%	474,1 k €	+74.3%	272 k €	+140%	113,2 k €	-77.6%	506,2 k €
Net result	226,9 k €	-18.9%	279,7 k €	+84.6%	151,6 k €	+173%	55,5 k €	-84.3%	353,6 k €
Balance sheet
Equity	2,7 M €	+9.0%	2,5 M €	+12.5%	2,2 M €	+7.3%	2 M €	+2.0%	2 M €
Total assets	6,5 M €	+10.7%	5,8 M €	-7.7%	6,3 M €	+3.4%	6,1 M €	+12.3%	5,4 M €
Cash	433,1 k €	+125%	192,5 k €	-24.4%	254,6 k €	-59.6%	629,6 k €	+236%	187,3 k €
Debts	3,8 M €	+11.8%	3,4 M €	-18.4%	4,1 M €	+2.1%	4,1 M €	+18.0%	3,4 M €
Other
Workforce	101,2 ETP	+3.7%	97,6 ETP	-2.2%	99,8 ETP	+10.6%	90,2 ETP	+35.0%	66,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
HOLDING PCS0450.967.945Represented by Didier DEPREAY	Directorsince 11/12/2020Managing director24/12/2004 → 2019 accountsendedMandate2007 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
André KILESSE	Directorlisted until the 2019 accounts
Didier DEPREAY	Director18/05/2015 → 2019 accounts

Other companies at this address

Rue des Technologies 24 4432 Ans

Company	CBE no.
CHAUD DIFFUSION● Active	0449.629.444
DEGE IMMO● Active	0459.195.822
HOLDING PCS● Active	0450.967.945
PARSE LOISIRS● Active	0443.145.587
PC DISTRIBUTION● Active	0449.231.249
PCSI● Active	0408.455.815
POINT CHAUD● Active	0894.082.256

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	18/06/2025	27/06/2024	30/06/2023	29/06/2022	30/06/2021
General meeting	02/06/2026	03/06/2025	04/06/2024	06/06/2023	07/06/2022	01/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	02/06/2026	29/06/2026	French	PDF
Full model	31/12/2024	03/06/2025	18/06/2025	French	PDF
Full model	31/12/2023	04/06/2024	27/06/2024	French	PDF
Full model	31/12/2022	06/06/2023	30/06/2023	French	PDF
Full model	31/12/2021	07/06/2022	29/06/2022	French	PDF
Abridged model	31/12/2020	01/06/2021	30/06/2021	French	PDF
Abridged model	31/12/2019	28/06/2020	17/07/2020	French	PDF
Abridged model	31/12/2018	20/05/2019	28/06/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	27/06/2018	French	PDF
Abridged model	31/12/2016	01/06/2017	29/06/2017	French	PDF
Full model	31/12/2015	01/06/2016	27/06/2016	French	PDF
Full model	31/12/2014	15/06/2015	29/06/2015	French	PDF
Full model	31/12/2013	26/06/2014	30/06/2014	French	PDF
Full model	31/12/2012	14/06/2013	08/07/2013	French	PDF
Full model	31/12/2011	15/06/2012	12/07/2012	French	PDF
Full model	31/12/2010	15/06/2011	07/07/2011	French	PDF
Full model	31/12/2009	29/06/2010	30/07/2010	French	PDF
Full model	31/12/2008	29/06/2009	13/08/2009	French	PDF
Abridged model	31/12/2007	11/03/2008	31/07/2008	French	PDF
Abridged model	31/12/2006	15/02/2007	04/05/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
HOLDING PCS0450.967.945Represented by Didier DEPREAY	Directorsince 11/12/2020Managing director24/12/2004 → 2019 accountsendedMandate2007 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
André KILESSE	Directorlisted until the 2019 accounts
Didier DEPREAY	Director18/05/2015 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/10/2026
Extrait de l'acte de nomination -commissaires
PDF
Mandates28/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates15/12/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates08/12/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates16/11/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates22/08/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates15/07/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates22/01/2016
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

HOLDING PCS

André KILESSE

Didier DEPREAY

JOSIANE MATERNE - PERIN

KALDO

FRAE1000

198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

PANIBEL

Rue des Technologies 24, 4432 Alleur

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue des Technologies 24, 4432 AlleurCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00212092

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
PANIBELCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00212092

Events

2025
Annual accounts 2025226,9 k €↓
2024
Annual accounts 2024279,7 k €↑
2023
Annual accounts 2023151,6 k €↑
2022
Annual accounts 202255,5 k €↓
2021
Annual accounts 2021353,6 k €↑
2020
Annual accounts 2020-55,1 k €↓
2019
Annual accounts 2019223,3 k €↓
2018
Annual accounts 2018250 k €↓
2017
Annual accounts 2017284,6 k €↑
2016
Annual accounts 2016242,4 k €↓
2015
Annual accounts 2015274,3 k €↓
2014
Annual accounts 2014293,9 k €↑
2013
Annual accounts 2013155,1 k €↓
2012
Annual accounts 2012172,1 k €↑
2011
Annual accounts 201156,4 k €↓
2010
Annual accounts 2010106,1 k €↑
2009
Annual accounts 200953,2 k €↑
2008
Annual accounts 200831,7 k €↓
2007
Annual accounts 200736,8 k €↑
2006
Annual accounts 20068,7 k €
26/09/1988
IncorporationPublic limited company

PANIBEL

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events