PAN Construct
0867.321.441 · rovalta.com · 21/09/2026
ACTIVE
PAN Construct
Financial year 2025 · closed on 31/12/2025
Net result
-13,1 k €
-114.7% YoY
Gross margin
-12,6 k €
-2765.2% YoY
Equity
20,9 k €
-38.5% YoY
Overview
What does PAN Construct do?
PAN Construct is a Private limited company incorporated in 2004. Its registered office is in Rebecq.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0867.321.441
Incorporation
20/09/2004
Legal form
Private limited company
Registered office
Chemin Royal 13
1430 Rebecq · WallonieSee on map
1430 Rebecq · WallonieSee on map
Contributed capital
37 200,00 €
Latest accounts
31/12/2025
Joint committees (3)
- 124
- 200
- 218
Signals
Solid equityLow riskGood liquidity
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | -12,6 k € | -2765% | 473,4 € | +102% | -23,9 k € | -164% | -9,0 k € | +31.9% | -13,3 k € | +52.1% | -27,7 k € | +23.1% | -36,1 k € | -138% | 95,9 k € | -39.8% | 159,2 k € | -27.7% | 220,2 k € | -14.9% | 258,7 k € | -15.4% | 306,0 k € | -8.8% | 335,6 k € | +2.7% | 326,8 k € | -15.2% | 385,4 k € | +15.5% | 333,5 k € | -4.4% | 348,7 k € | -2.2% | 356,5 k € | +18.9% | 299,9 k € | +69.4% | 177,0 k € |
| EBITDA | -13,1 k € | -117% | -6,0 k € | +89.8% | -59,3 k € | -529% | -9,4 k € | +31.0% | -13,7 k € | +58.8% | -33,1 k € | +16.6% | -39,7 k € | +23.7% | -52,1 k € | +78.1% | -237,4 k € | -61.2% | -147,2 k € | -1349% | 11,8 k € | -78.7% | 55,4 k € | +16.2% | 47,7 k € | -32.0% | 70,1 k € | +235% | 20,9 k € | -81.8% | 114,9 k € | -25.6% | 154,3 k € | -22.1% | 198,2 k € | +34.5% | 147,4 k € | +112% | 69,6 k € |
| Operating result | -13,1 k € | -117% | -6,0 k € | +75.2% | -24,3 k € | -142% | 58,1 k € | -32.5% | 86,1 k € | +357% | -33,6 k € | +16.6% | -40,3 k € | +23.4% | -52,6 k € | +78.7% | -247,5 k € | -86.1% | -133,0 k € | -1144% | -10,7 k € | -155% | 19,3 k € | +41.4% | 13,7 k € | -64.4% | 38,3 k € | +396% | -12,9 k € | -115% | 83,6 k € | -34.3% | 127,3 k € | -28.2% | 177,2 k € | +42.8% | 124,0 k € | +263% | 34,1 k € |
| Net result | -13,1 k € | -115% | -6,1 k € | +75.0% | -24,4 k € | -142% | 58,0 k € | -32.6% | 86,1 k € | +364% | -32,6 k € | +7.6% | -35,3 k € | +41.2% | -60,0 k € | +77.7% | -269,5 k € | -92.9% | -139,7 k € | -497% | -23,4 k € | -319% | 10,7 k € | +2275% | -491,8 € | -102% | 24,2 k € | +720% | -3,9 k € | -106% | 61,7 k € | -29.3% | 87,3 k € | -32.5% | 129,3 k € | +52.7% | 84,6 k € | +220% | 26,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 20,9 k € | -38.5% | 34,0 k € | -15.2% | 40,1 k € | -37.8% | 64,5 k € | +893% | 6,5 k € | +108% | -79,6 k € | -69.5% | -46,9 k € | -304% | -11,6 k € | -124% | 48,4 k € | -84.8% | 317,9 k € | -30.5% | 457,6 k € | -4.9% | 481,0 k € | +2.3% | 470,3 k € | -0.1% | 470,8 k € | +5.4% | 446,5 k € | -0.9% | 450,4 k € | +15.9% | 388,8 k € | +29.0% | 301,5 k € | +72.9% | 174,3 k € | +94.4% | 89,7 k € |
| Total assets | 23,1 k € | -32.2% | 34,0 k € | -23.6% | 44,6 k € | -55.3% | 99,8 k € | -11.2% | 112,4 k € | -22.8% | 145,5 k € | -19.7% | 181,2 k € | -24.3% | 239,3 k € | -73.4% | 898,6 k € | +2.0% | 880,6 k € | +17.4% | 749,9 k € | -46.1% | 1,4 M € | -19.9% | 1,7 M € | +135% | 737,3 k € | +3.3% | 714,0 k € | +16.2% | 614,7 k € | -3.2% | 634,9 k € | +18.1% | 537,7 k € | -25.2% | 718,6 k € | +141% | 297,7 k € |
| Cash | 4,6 k € | -86.6% | 34,0 k € | +52.7% | 22,3 k € | -66.4% | 66,3 k € | -14.9% | 77,9 k € | -30.1% | 111,4 k € | -16.9% | 134,0 k € | +1616% | 7,8 k € | -97.8% | 359,9 k € | +303% | 89,3 k € | -70.1% | 299,1 k € | +782% | 33,9 k € | -91.3% | 389,8 k € | +221% | 121,5 k € | -16.9% | 146,3 k € | +232% | 44,1 k € | -61.1% | 113,2 k € | +427% | 21,5 k € | -85.5% | 148,3 k € | +33.3% | 111,3 k € |
| Debts | 2,1 k € | 0,0 € | -100% | 4,4 k € | +1454% | 285,2 € | -91.4% | 3,3 k € | -6.1% | 3,5 k € | -37.4% | 5,6 k € | -73.1% | 20,9 k € | -96.5% | 605,3 k € | +14.0% | 530,9 k € | +81.6% | 292,4 k € | -67.9% | 910,1 k € | -28.1% | 1,3 M € | +375% | 266,5 k € | -0.4% | 267,4 k € | +66.4% | 160,8 k € | -33.9% | 243,1 k € | +5.6% | 230,2 k € | -57.7% | 543,8 k € | +166% | 204,3 k € | |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 8,0 ETP | 0.0% | 8,0 ETP | 0.0% | 8,0 ETP | -5.9% | 8,5 ETP | +2.4% | 8,3 ETP | +27.7% | 6,5 ETP | +62.5% | 4,0 ETP | 0.0% | 4,0 ETP | -24.5% | 5,3 ETP | +10.4% | 4,8 ETP | ||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 4 ended
Active mandates
Ended mandates
Dominique Maistriau
EndedDominique Maistriau
EndedClody Manouvrier
EndedCLODY MANOUVRIER
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
CAMU-INVEST● Active | 0826.021.118 |
REALITY Belgique● Active | 0439.233.915 |
STAYBY● Active | 1038.352.633 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 07/09/2026 | 08/05/2026 | 19/08/2024 | 06/07/2023 | 25/05/2022 | 22/10/2021 |
| General meeting | 31/08/2026 | 06/05/2026 | 21/05/2024 | 15/05/2023 | 16/05/2022 | 17/05/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 31/08/2026 | 07/09/2026 | French | |
| Micro model | 31/12/2024 | 06/05/2026 | 08/05/2026 | French | |
| Micro model | 31/12/2023 | 21/05/2024 | 19/08/2024 | French | |
| Micro model | 31/12/2022 | 15/05/2023 | 06/07/2023 | French | |
| Micro model | 31/12/2021 | 16/05/2022 | 25/05/2022 | French | |
| Micro model | 31/12/2020 | 17/05/2021 | 22/10/2021 | French | |
| Micro model | 31/12/2019 | 18/05/2020 | 13/11/2020 | French | |
| Micro model | 31/12/2018 | 20/05/2019 | 08/10/2019 | French | |
| Micro model | 31/12/2017 | 14/06/2018 | 22/06/2018 | French | |
| Micro model | 31/12/2016 | 15/05/2017 | 07/06/2017 | French | |
| Abridged model | 31/12/2015 | 17/05/2016 | 22/08/2016 | French | |
| Abridged model | 31/12/2014 | 18/05/2015 | 02/07/2015 | French | |
| Abridged model | 31/12/2013 | 19/05/2014 | 28/08/2014 | French | |
| Abridged model | 31/12/2012 | 21/05/2013 | 20/08/2013 | French | |
| Abridged model | 31/12/2011 | 21/05/2012 | 31/08/2012 | French | |
| Abridged model | 31/12/2010 | 16/05/2011 | 11/08/2011 | French | |
| Abridged model | 31/12/2009 | 17/05/2010 | 06/08/2010 | French | |
| Abridged model | 31/12/2008 | 18/05/2009 | 31/07/2009 | French | |
| Abridged model | 31/12/2007 | 19/05/2008 | 12/08/2008 | French | |
| Abridged model | 31/12/2006 | 21/05/2007 | 31/08/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 4 ended
Active mandates
Ended mandates
Dominique Maistriau
EndedDominique Maistriau
EndedClody Manouvrier
EndedCLODY MANOUVRIER
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates22/01/2026STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates02/05/2025DEMISSIONS, NOMINATIONS
- Mandates07/02/2025SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates31/10/2017DEMISSIONS, NOMINATIONS
- Registered office26/05/2016SIEGE SOCIAL
- Capital / shares06/10/2005ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Other28/09/2004RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-13,1 k €↓
- 2024Annual accounts 2024-6,1 k €↑
- 2024Name changePAN CONSTRUCT
- 2023Annual accounts 2023-24,4 k €↓
- 2022Annual accounts 202258,0 k €↓
- 2021Annual accounts 202186,1 k €↑
- 2021Name changeCLODY MANOUVRIER
- 2020Annual accounts 2020-32,6 k €↑
- 2019Annual accounts 2019-35,3 k €↑
- 2018Annual accounts 2018-60,0 k €↑
- 2017Annual accounts 2017-269,5 k €↓
- 2016Annual accounts 2016-139,7 k €↓
- 2015Annual accounts 2015-23,4 k €↓
- 2014Annual accounts 201410,7 k €↑
- 2013Annual accounts 2013-491,8 €↓
- 2012Annual accounts 201224,2 k €↑
- 2011Annual accounts 2011-3,9 k €↓
- 2010Annual accounts 201061,7 k €↓
- 2009Annual accounts 200987,3 k €↓
- 2008Annual accounts 2008129,3 k €↑
- 2007Annual accounts 200784,6 k €↑
- 2006Annual accounts 200626,4 k €
- 20/09/2004IncorporationPrivate limited company