ACTIVE

THE PAND

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Financial year 2025 · Closed on 31/12/2025

Net result42,4 k €+79,9 %over 1 year
Gross margin757,3 k €-5,0 %over 1 year
Equity225,5 k €+23,2 %over 1 year
Workforce13,8 ETP-1,4 %over 1 year

Identity

Source · BCE/KBO

THE PAND is a Private limited company incorporated in 1997. Its main activity is: Hotels and similar accommodation. Its registered office is in Brugge. It employs on average 13,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.463.444
Incorporation
17/09/1997
Legal form
Private limited company
Registered office
Pandreitje 16
8000 Brugge · FlandreSee on map
Contributed capital
675 000,00 €
Latest accounts
31/12/2025
Average workforce
13,8 ETP
Joint committees (1)
  • 302
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin757,3 k €797,4 k €844 k €826,3 k €62 k €
EBITDA187,5 k €187,9 k €205,5 k €264,3 k €-105,9 k €
Operating result89 k €80,2 k €90,5 k €153,4 k €-215,9 k €
Net result42,4 k €23,6 k €32,7 k €107,4 k €-230,4 k €
Balance sheet
Equity225,5 k €183,1 k €159,5 k €126,8 k €19,4 k €
Total assets688,9 k €719,5 k €1,1 M €1,1 M €908,1 k €
Cash–80 k €111 k €140,5 k €268,2 k €
Debts447,4 k €527,1 k €902,2 k €921,7 k €846,4 k €
Other
Workforce13,8 ETP14,0 ETP13,6 ETP13,2 ETP9,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 23 ended

Active mandates

Panta Rhei XIV

Director · 0738.820.690

Represented by Tobias Stuyts

Active

Ended mandates

Panta Rhei XIV

Director · since 03 mai 2023 · 0738.820.690

Represented by Tobias Stuyts

Ended
AELIUS

Director · since 15 novembre 2019 · 0864.394.417

Represented by Tobias Stuyts

Ended
Koenraad Stuyts

Manager · since 01 janvier 2017

Ended
Panta Rhei XVI

Manager · since 28 mars 2013 · 0462.765.719

Represented by Koenraad Stuyts

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/07/202614/07/202517/07/202418/07/202318/07/202219/07/2021
General meeting20/06/202620/06/202520/06/202420/06/202320/06/202220/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/06/202613/07/2026DutchPDF
Abridged model31/12/202420/06/202514/07/2025DutchPDF
Abridged model31/12/202320/06/202417/07/2024DutchPDF
Abridged model31/12/202220/06/202318/07/2023DutchPDF
Abridged model31/12/202120/06/202218/07/2022DutchPDF
Abridged model31/12/202020/06/202119/07/2021DutchPDF
Abridged model31/12/201930/06/202028/07/2020DutchPDF
Abridged model31/12/201827/06/201922/07/2019DutchPDF
Abridged model31/12/201720/06/201819/07/2018DutchPDF
Abridged model30/06/201620/11/201629/11/2016DutchPDF
Abridged model30/06/201520/11/201525/11/2015DutchPDF
Abridged modelCorrection30/06/201420/11/201420/07/2015DutchPDF
Abridged model30/06/201420/11/201421/11/2014DutchPDF
Abridged model30/06/201320/12/201324/12/2013DutchPDF
Abridged model30/06/201209/10/201220/12/2012DutchPDF
Abridged model30/06/201111/10/201129/11/2011DutchPDF
Abridged model30/06/201023/08/201031/08/2010DutchPDF
Abridged model30/06/200908/12/200915/12/2009DutchPDF
Abridged model30/06/200818/09/200828/11/2008DutchPDF
Abridged model30/06/200715/12/200721/12/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 23 ended

Active mandates

Panta Rhei XIV

Director · 0738.820.690

Represented by Tobias Stuyts

Active

Ended mandates

Panta Rhei XIV

Director · since 03 mai 2023 · 0738.820.690

Represented by Tobias Stuyts

Ended
AELIUS

Director · since 15 novembre 2019 · 0864.394.417

Represented by Tobias Stuyts

Ended
Koenraad Stuyts

Manager · since 01 janvier 2017

Ended
Panta Rhei XVI

Manager · since 28 mars 2013 · 0462.765.719

Represented by Koenraad Stuyts

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates21/11/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares14/06/2017
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/03/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2013
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202542,4 k €↑
  2. 2024
    Annual accounts 202423,6 k €↓
  3. 2023
    Annual accounts 202332,7 k €↓
  4. 2022
    Annual accounts 2022107,4 k €↑
  5. 2021
    Annual accounts 2021-230,4 k €↑
  6. 2020
    Annual accounts 2020-365,9 k €↓
  7. 2019
    Annual accounts 201912,3 k €↓
  8. 2018
    Annual accounts 201846,7 k €↑
  9. 2017
    Annual accounts 2017-174,9 k €↓
  10. 2017
    Name changeThe Pand
  11. 2016
    Annual accounts 201619,5 k €↓
  12. 2015
    Annual accounts 2015182,1 k €↓
  13. 2014
    Annual accounts 2014227,5 k €↑
  14. 2013
    Annual accounts 2013207,3 k €↑
  15. 2012
    Annual accounts 201274,2 k €↓
  16. 2011
    Annual accounts 2011128,2 k €↑
  17. 2010
    Annual accounts 2010102,6 k €↑
  18. 2009
    Annual accounts 2009101 k €↓
  19. 2008
    Annual accounts 2008253,2 k €↑
  20. 2007
    Annual accounts 2007192,7 k €
  21. 2007
    Name changePANDHOTEL
  22. 17/09/1997
    IncorporationPrivate limited company