ACTIVE

PANADAS FACTORY

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Financial year 2024 · closed on 31/12/2024

Net result

136,8 k €

+2608.5% YoY

Gross margin

620,7 k €

+44.9% YoY

Equity

685,6 k €

+24.9% YoY

Workforce

7,2 ETP

What does PANADAS FACTORY do?

PANADAS FACTORY is a Private limited company incorporated in 2010. Its registered office is in Anderlecht. It employs on average 7,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0829.395.035

Incorporation

20/09/2010

Legal form

Private limited company

Registered office

Rue du Drapeau 43
1070 Anderlecht · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Average workforce

7,2 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	620,7 k €	+44.9%	428,2 k €	+3.7%	413 k €	-19.2%	511,2 k €	+126%	225,9 k €	-58.7%	546,4 k €	+20.7%	452,7 k €	+9.0%	415,2 k €	+26.4%	328,6 k €	-1.3%	332,8 k €	+25.0%	266,3 k €	+358%	58,2 k €	+335%	-24,7 k €	-366%	9,3 k €
EBITDA	262 k €	+127%	115,6 k €	-41.2%	196,5 k €	-19.9%	245,4 k €	+159%	94,7 k €	-48.6%	184,1 k €	-0.4%	184,9 k €	-12.9%	212,2 k €	+22.2%	173,6 k €	+1.2%	171,5 k €	-11.5%	193,8 k €	+268%	52,7 k €	+279%	-29,5 k €	-454%	8,3 k €
Operating result	197,8 k €	+799%	22 k €	-76.0%	91,8 k €	-38.3%	148,7 k €	+1820%	7,7 k €	-91.5%	91 k €	-4.0%	94,8 k €	-26.2%	128,4 k €	+63.2%	78,7 k €	-6.3%	84 k €	-40.2%	140,5 k €	+435%	26,3 k €	+151%	-51,1 k €	-3018%	-1,6 k €
Net result	136,8 k €	+2608%	5,1 k €	-93.2%	74,2 k €	-42.9%	130 k €	+8282%	-1,6 k €	-103%	54 k €	+10.7%	48,8 k €	-34.6%	74,5 k €	+63.5%	45,6 k €	-17.1%	55 k €	-44.2%	98,6 k €	+362%	21,4 k €	+140%	-53,8 k €	-3074%	-1,7 k €
Balance sheet
Equity	685,6 k €	+24.9%	548,8 k €	+0.9%	543,7 k €	+15.8%	469,5 k €	+38.3%	339,5 k €	-0.5%	341,1 k €	+18.8%	287 k €	+20.5%	238,3 k €	+45.5%	163,7 k €	+38.6%	118,1 k €	+42.2%	83,1 k €	+634%	-15,6 k €	+57.9%	-36,9 k €	-318%	16,9 k €
Total assets	913,6 k €	+2.7%	889,5 k €	-5.5%	941,1 k €	-5.1%	992,2 k €	+42.7%	695,1 k €	-4.9%	730,6 k €	+6.0%	689,1 k €	+6.7%	645,8 k €	+14.4%	564,3 k €	+6.4%	530,2 k €	+28.4%	413 k €	+129%	180,3 k €	+66.3%	108,4 k €	+118%	49,8 k €
Cash	124,4 k €	+231%	37,6 k €	-70.0%	125,3 k €	-26.2%	169,7 k €	+166%	63,9 k €	+44.1%	44,3 k €	+418%	8,6 k €	-81.5%	46,3 k €	+17.5%	39,4 k €	+13706%	285,4 €	-64.2%	798,1 €		–		446 €	-29.2%	630 €
Debts	228 k €	-33.1%	340,7 k €	-14.3%	397,4 k €	-24.0%	522,7 k €	+47.0%	355,7 k €	-8.7%	389,5 k €	-3.1%	402,1 k €	-1.3%	407,6 k €	+2.2%	399 k €	-3.0%	411,3 k €	+24.7%	329,9 k €	+68.4%	195,9 k €	+34.8%	145,3 k €	+341%	32,9 k €
Other
Workforce	7,2 ETP		–		8,8 ETP	-23.5%	11,5 ETP	+0.9%	11,4 ETP	+1.8%	11,2 ETP	+5.7%	10,6 ETP	+16.5%	9,1 ETP	+93.6%	4,7 ETP	-35.6%	7,3 ETP	+55.3%	4,7 ETP	+488%	0,8 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Leonardo Grimberg

Mandate

Active

Ended mandates

Bouchra Koummal

Manager

Ended

GRIMBERG LEONARDO

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
PROMONTAC● Active	0440.331.203

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	07/10/2024	30/10/2023	31/08/2022	24/08/2021	31/08/2020
General meeting	26/06/2025	27/06/2024	29/06/2023	30/06/2022	24/06/2021	25/06/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	26/06/2025	30/09/2025	French	PDF
Abridged model	31/12/2023	27/06/2024	07/10/2024	French	PDF
Abridged model	31/12/2022	29/06/2023	30/10/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	24/06/2021	24/08/2021	French	PDF
Abridged model	31/12/2019	25/06/2020	31/08/2020	French	PDF
Abridged model	31/12/2018	27/06/2019	26/07/2019	French	PDF
Abridged model	31/12/2017	28/06/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	29/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	23/08/2016	French	PDF
Abridged model	31/12/2014	25/06/2015	07/07/2015	French	PDF
Abridged model	31/12/2013	26/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	27/06/2013	02/09/2013	French	PDF
Abridged model	31/12/2011	28/06/2012	04/12/2012	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2024 · 1 active · 2 ended

Active mandates

Leonardo Grimberg

Mandate

Active

Ended mandates

Bouchra Koummal

Manager

Ended

GRIMBERG LEONARDO

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other18/09/2026
Extrait du PV de l'Assemblée Générale du 28/07/2026 -
PDF
Mandates17/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates10/05/2012
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Other29/09/2010
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2024
Annual accounts 2024136,8 k €↑
2023
Annual accounts 20235,1 k €↓
2022
Annual accounts 202274,2 k €↓
2021
Annual accounts 2021130 k €↑
2020
Annual accounts 2020-1,6 k €↓
2019
Annual accounts 201954 k €↑
2018
Annual accounts 201848,8 k €↓
2017
Annual accounts 201774,5 k €↑
2016
Annual accounts 201645,6 k €↓
2015
Annual accounts 201555 k €↓
2014
Annual accounts 201498,6 k €↑
2013
Annual accounts 201321,4 k €↑
2012
Annual accounts 2012-53,8 k €↓
2011
Annual accounts 2011-1,7 k €
20/09/2010
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PANADAS FACTORY

Overview

What does PANADAS FACTORY do?

Trend over 14 financial years

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