ACTIVE

PAN

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Financial year 2025 · closed on 30/09/2025
Net result
25,9 k €
+7.6% YoY
Gross margin
63,2 k €
+19.9% YoY
Equity
96,8 k €
+36.5% YoY

What does PAN do?

PAN is a Private limited company incorporated in 2015. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Torhout.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0644.917.366
Incorporation
28/12/2015
Legal form
Private limited company
Registered office
Noordlaan 5A
8820 Torhout · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
30/09/2025
Activities (NACE)
56101Restaurants and mobile food service activities· main56102Restaurants and mobile food service activities56111Restaurants and mobile food service activities56112Restaurants and mobile food service activities56102Restaurants and mobile food service activities56112Restaurants and mobile food service activities+4
Joint committees (1)
  • 3020
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin63,2 k €52,7 k €37,2 k €49,1 k €48 k €94,6 k €78 k €58,1 k €94,7 k €
EBITDA58,2 k €50 k €23,3 k €3,3 k €13,6 k €50 k €36,4 k €19 k €48,4 k €
Operating result38,7 k €30,8 k €5 k €-13,2 k €-3,1 k €32,9 k €19,4 k €-2,3 k €17,5 k €
Net result25,9 k €24,1 k €1,7 k €-15,9 k €-4,5 k €26,1 k €14,9 k €-4,2 k €11,9 k €
Balance sheet
Equity96,8 k €71 k €46,9 k €45,2 k €61,1 k €65,6 k €39,5 k €24,7 k €28,9 k €
Total assets134,6 k €116,1 k €107,4 k €108 k €131,7 k €140,9 k €144,5 k €153,4 k €154,7 k €
Cash51,1 k €48,6 k €16,9 k €21,1 k €28,5 k €25 k €15 k €10,4 k €4,2 k €
Debts37,7 k €45,1 k €60,5 k €62,8 k €70,6 k €75,3 k €105 k €128,8 k €125,8 k €
Other
Workforce––––––––0,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 4 ended

Active mandates

Weijie Lin

Manager · since 04 mai 2016

Active
Lisa Hoste

Manager

Active

Ended mandates

Weijie Lin

Director · since 04 mai 2016

Ended
Junwei Pan

Manager · since 28 décembre 2015

Ended
Junwei Pan

Associate · since 28 décembre 2015

Ended
Lisa Hoste

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202623/05/202529/03/202427/04/202327/04/202229/04/2021
General meeting06/03/202607/03/202501/03/202403/03/202304/03/202205/03/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202506/03/202630/04/2026DutchPDF
Micro model30/09/202407/03/202523/05/2025DutchPDF
Micro model30/09/202301/03/202429/03/2024DutchPDF
Micro model30/09/202203/03/202327/04/2023DutchPDF
Micro model30/09/202104/03/202227/04/2022DutchPDF
Micro model30/09/202005/03/202129/04/2021DutchPDF
Micro model30/09/201906/03/202030/04/2020DutchPDF
Micro model30/09/201801/03/201930/04/2019DutchPDF
Abridged model30/09/201702/03/201821/03/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 30/09/2025 · 2 active · 4 ended

Active mandates

Weijie Lin

Manager · since 04 mai 2016

Active
Lisa Hoste

Manager

Active

Ended mandates

Weijie Lin

Director · since 04 mai 2016

Ended
Junwei Pan

Manager · since 28 décembre 2015

Ended
Junwei Pan

Associate · since 28 décembre 2015

Ended
Lisa Hoste

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/11/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/07/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/03/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other30/12/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202525,9 k €↑
  2. 2024
    Annual accounts 202424,1 k €↑
  3. 2023
    Annual accounts 20231,7 k €↑
  4. 2022
    Annual accounts 2022-15,9 k €↓
  5. 2021
    Annual accounts 2021-4,5 k €↓
  6. 2020
    Annual accounts 202026,1 k €↑
  7. 2019
    Annual accounts 201914,9 k €↑
  8. 2018
    Annual accounts 2018-4,2 k €↓
  9. 2017
    Annual accounts 201711,9 k €
  10. 28/12/2015
    IncorporationPrivate limited company