This is very common when 'old' FS98/2000 panels are used in newer sims. I've found this very often because I'm not a fan of VCs and still prefer many of my 'classic' FS98/2000 2D panels.
There can be several reasons, ranging from the need to install 'old modules' in the cfg file that you have forgotten about through to there being incompatible gauges and even switches on the panel in question.
For example, gauges like 'gear wind noise'. I have also found that many older HGHB switches cause this problem, including even dummy switches and warning lights. When you remove them the panel works fine and you then either have to live without them or find newer replacements that do work. Almost all 'old' autopilots also have the same effect.
Finding where the problem is is an art form! The way I do it is to open up the panel.cfg file with Wordpad, select a large 'chunk' of gauges, copy them to clipboard, delete them and save the file. Then I run the sim and if the problem is still there I copy them back and remove another 'chunk'. Eventually the problem does go away so you know the offending switch or gauge is among the ones you've just removed. So you replace them and take a smaller chunk out than last time. Eventually you can home in the problem one(s).
But be warned, I have found in the past after scratching my head for hours that there were 2 switches or gauges (can't remember) in a panel, when one or the other was removed the panel worked fine so there appeared to be no problem switch/gauge. However, the problem only returned when BOTH of the switches or gauges were in the panel together!
So you can see there's no easy answer and tracking down a problem is really only for people who either know their way around a panel, or want to learn

Roger
PS by way of encouragement, I still use all but one of my classic FS98 panels after making the sort of changes I've mentioned so with a bit of effort it can be done. The 'problem' one was a much loved early 737 panel which had a great startup sequence involving 2 fuel switches. These were the root of the same problem we're talking about and I've never managed to find replacements that worked with the startup. The panel is usable but just isn't the same without it.