ACTIVE

PANTHEON

Financial year 2025 · closed on 31/12/2025
Net result
111,1 k €
-21.2% YoY
Gross margin
1,1 M €
-4.5% YoY
Equity
1,8 M €
+6.5% YoY

What does PANTHEON do?

PANTHEON is a Public limited company incorporated in 2000. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Harelbeke.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0471.958.547
Incorporation
24/05/2000
Legal form
Public limited company
Registered office
Kanaalstraat 1
8530 Harelbeke · FlandreSee on map
Contributed capital
297 472,23 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,1 M €1,1 M €1 M €892,6 k €887,7 k €895,3 k €889,2 k €464,5 k €17,9 k €5,1 k €903,6 €-175 €1 k €1 k €272 €1,2 k €-825 €-1,6 k €507,8 €-849,8 €
EBITDA1 M €1,1 M €1 M €888,9 k €885,9 k €893,5 k €868,5 k €463,5 k €17,2 k €4,6 k €454,1 €-698,5 €496 €489 €-243 €703 €-1,3 k €-2 k €-86,7 €-1,4 k €
Operating result486,3 k €545,1 k €525,8 k €476,3 k €457,4 k €450,7 k €402,4 k €187,9 k €12 k €4,3 k €218,1 €-934,5 €457 €450 €-243 €703 €-1,3 k €-2 k €-86,7 €-1,4 k €
Net result111,1 k €141 k €172,1 k €233,8 k €341,1 k €269,7 k €210,9 k €116,6 k €-4,8 k €-3,2 k €-7,5 k €-8,4 k €-5,9 k €-5,4 k €-5,8 k €-4,6 k €-6,6 k €-7,1 k €-5 k €-6,1 k €
Balance sheet
Equity1,8 M €1,7 M €1,6 M €1,4 M €1,2 M €825,5 k €555,7 k €344,8 k €228,2 k €233 k €213,7 k €221,3 k €229,7 k €235,6 k €241 k €246,8 k €251,4 k €258 k €265 k €270,1 k €
Total assets11,8 M €11,9 M €12,7 M €7,3 M €7,4 M €7,6 M €8 M €8,4 M €4,9 M €410,3 k €411,6 k €413,1 k €401,9 k €391,5 k €383 k €383,1 k €384 k €388,5 k €390,5 k €392 k €
Cash201,3 k €149,6 k €382,1 k €139,8 k €174 k €100,9 k €84,3 k €120,5 k €109,1 k €3,8 k €8,4 k €9,7 k €929 €146 €77 €109 €1 k €5,5 k €7,5 k €9,4 k €
Debts10 M €10,2 M €11,1 M €5,9 M €6,2 M €6,8 M €7,5 M €8 M €4,7 M €176,6 k €197,2 k €191,2 k €171,5 k €155,2 k €141,3 k €135,6 k €131,9 k €129,8 k €124,8 k €121,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 20 ended

Active mandates

VALQ-M

Enige bestuurder · since 16 octobre 2025 · 1028.963.726

Represented by Dominique Valcke

Active

Ended mandates

D.S.R.T.

Director · since 25 mai 2018 · until 31 mai 2024 · 0878.313.818

Represented by Désiré Stadsbader

Ended
DESIRE STADSBADER

Managing director · since 25 mai 2018 · until 31 mai 2024 · 0432.759.065

Represented by Dominique Valcke

Ended
Désiré Stadsbader

Managing director · since 29 juin 2012 · until 25 mai 2018

Ended
Désiré Stadsbader

Managing director · since 29 juin 2012 · until 29 juin 2018

Ended
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Annual accounts

Full financial information

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 date13/07/202615/07/202503/07/202410/07/202304/07/202222/09/2021
General meeting29/05/202630/06/202531/05/202430/06/202327/05/202213/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202613/07/2026DutchPDF
Abridged model31/12/202430/06/202515/07/2025DutchPDF
Abridged model31/12/202331/05/202403/07/2024DutchPDF
Abridged model31/12/202230/06/202310/07/2023DutchPDF
Abridged model31/12/202127/05/202204/07/2022DutchPDF
Abridged model31/12/202013/08/202122/09/2021DutchPDF
Abridged model31/12/201919/06/202025/06/2020DutchPDF
Abridged model31/12/201828/06/201909/07/2019DutchPDF
Abridged model31/12/201725/05/201812/07/2018DutchPDF
Abridged model31/12/201626/05/201727/09/2017DutchPDF
Abridged modelCorrection31/12/201527/05/201626/10/2016DutchPDF
Abridged model31/12/201527/05/201631/08/2016DutchPDF
Abridged model31/12/201429/05/201530/09/2015DutchPDF
Abridged model31/12/201330/05/201430/09/2014DutchPDF
Abridged model31/12/201228/06/201314/08/2013DutchPDF
Abridged model31/12/201129/06/201227/09/2012DutchPDF
Abridged model31/12/201030/06/201103/10/2011DutchPDF
Abridged model31/12/200930/06/201027/10/2010DutchPDF
Abridged model31/12/200830/06/200915/07/2009DutchPDF
Abridged model31/12/200730/06/200818/07/2008DutchPDF
Abridged model31/12/200622/06/200719/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 20 ended

Active mandates

VALQ-M

Enige bestuurder · since 16 octobre 2025 · 1028.963.726

Represented by Dominique Valcke

Active

Ended mandates

D.S.R.T.

Director · since 25 mai 2018 · until 31 mai 2024 · 0878.313.818

Represented by Désiré Stadsbader

Ended
DESIRE STADSBADER

Managing director · since 25 mai 2018 · until 31 mai 2024 · 0432.759.065

Represented by Dominique Valcke

Ended
Désiré Stadsbader

Managing director · since 29 juin 2012 · until 25 mai 2018

Ended
Désiré Stadsbader

Managing director · since 29 juin 2012 · until 29 juin 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/04/2024
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/08/2006
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

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 2025111,1 k €
  2. 2024
    Annual accounts 2024141 k €
  3. 2023
    Annual accounts 2023172,1 k €
  4. 2022
    Annual accounts 2022233,8 k €
  5. 2021
    Annual accounts 2021341,1 k €
  6. 2020
    Annual accounts 2020269,7 k €
  7. 2019
    Annual accounts 2019210,9 k €
  8. 2018
    Annual accounts 2018116,6 k €
  9. 2017
    Annual accounts 2017-4,8 k €
  10. 2016
    Annual accounts 2016-3,2 k €
  11. 2015
    Annual accounts 2015-7,5 k €
  12. 2014
    Annual accounts 2014-8,4 k €
  13. 2013
    Annual accounts 2013-5,9 k €
  14. 2012
    Annual accounts 2012-5,4 k €
  15. 2011
    Annual accounts 2011-5,8 k €
  16. 2010
    Annual accounts 2010-4,6 k €
  17. 2009
    Annual accounts 2009-6,6 k €
  18. 2008
    Annual accounts 2008-7,1 k €
  19. 2007
    Annual accounts 2007-5 k €
  20. 2006
    Annual accounts 2006-6,1 k €
  21. 24/05/2000
    IncorporationPublic limited company