ARCHITECT PATRICK PERSOONS
ActiveSummary
The annual accounts of ARCHITECT PATRICK PERSOONS for fiscal year 2024 show a net loss of 68% of the equity at the start of that year. The 2024 annual accounts show equity of €4k and a net result of €-8k. Equity is shrinking by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 10% of 1936 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability12▼-71
Solvency27▼-9
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.36 against 1.83 in 2023; short-term debt: 73.4% and cash: 0.8% of total assets), and 97.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
2.3%
Return on assets
-5.1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1936 sector peers (2024).
NBB · sector comparisonPosition among 1936 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
111 d late
2021
29 d late
2020
31 d late
2019
66 d late
2018
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€4k▼ 68.3%
2023 · €12k
2018: €13k
2019: €14k▲ +2.7% vs 2018
2020: €14k▲ +1.1% vs 2019highest value
2021: €7k▼ -46.8% vs 2020
2023: €12k
2024: €4k▼ -68.3% vs 2023lowest value
2018 → 2024
Total assets
€161k▲ 44.5%
2023 · €111k
2018: €93k
2019: €102k▲ +9.5% vs 2018
2020: €111k▲ +8.8% vs 2019
2021: €78k▼ -30.0% vs 2020lowest value
2023: €111k
2024: €161k▲ +44.5% vs 2023highest value
2018 → 2024
Net result
€-8k
2023 · €13k
2018: €-8k
2019: €368▲ +105% vs 2018
2020: €152▼ -58.7% vs 2019
2021: €-7k▼ -4383% vs 2020
2023: €13khighest value
2024: €-8k▼ -165% vs 2023lowest value
2018 → 2024
Working capital
€43k▼ 13.9%
2023 · €50k
2018: €23klowest value
2019: €27k▲ +16.8% vs 2018
2020: €32k▲ +17.6% vs 2019
2021: €29k▼ -9.8% vs 2020
2023: €50khighest value
2024: €43k▼ -13.9% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232024Trend
Equity€14k-€14k▲ 1.1%€7k▼ 46.8%€12k▲ 60.2%€4k▼ 68.3%
2019: €14k
2020: €14k▲ +1.1% vs 2019highest value
2021: €7k▼ -46.8% vs 2020
2023: €12k
2024: €4k▼ -68.3% vs 2023lowest value
Operating result€1k-€9k▲ 506%€546▼ 93.6%€20k▲ 3,491%€-7k
2019: €1k
2020: €9k▲ +506% vs 2019
2021: €546▼ -93.6% vs 2020
2023: €20khighest value
2024: €-7k▼ -137% vs 2023lowest value
Net result€368-€152▼ 58.7%€-7k€13k€-8k
2019: €368
2020: €152▼ -58.7% vs 2019
2021: €-7k▼ -4383% vs 2020
2023: €13khighest value
2024: €-8k▼ -165% vs 2023lowest value
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €20k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €161k
Equity
€4k ▼ 68.3%
Debt
€157k ▲ 58.1%
Debt's share of the balance-sheet total rises from 89.3% to 97.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2023 · €29k
Cash flow
€-7k▼
2023 · €22k
Current ratio
1.36▼
2023 · 1.83
Debt to equity
41.59▲
2023 · 8.35
ROE
-215.2%▼
2023 · 105.2%
ROA
-5.1%▼
2023 · 11.3%
Interest coverage
-6.63▼
2023 · 21.15
Debt ≤ 1 year
€118k▲
2023 · €60k
Debt > 1 year
€39k=
2023 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€111k€161k▲
Fixed assets21/28€1k-
Tangible fixed assets22/27€1k-
Furniture and vehicles24€1k-
Current assets29/58€110k€161k▲
Amounts receivable within one year40/41€99k€159k▲
Trade receivables40€35k€85k▲
Other amounts receivable41€64k€74k▲
Cash at bank and in hand54/58€9k€1k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€111k€161k▲
Equity10/15€12k€4k▼
Contributions10/11€12k€12k=
Reserves13€11k€11k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-11k€-19k▼
Amounts payable17/49€99k€157k▲
Amounts payable after more than one year17€39k€39k=
Financial debts170/4€39k€39k=
Amounts payable within one year42/48€60k€118k▲
Current portion of amounts payable after more than one year42€2k-
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€31k€75k▲
Suppliers440/4€31k€75k▲
Advances received on contracts in progress46€13k€13k=
Taxes, remuneration and social security45€7k€11k▲
Taxes450/3€7k€11k▲
Other amounts payable47/48€8k€16k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€1k▼
Other operating charges640/8€184€2k▲
Non-recurring operating charges66A€6-
Gross operating margin9900€29k€-4k▼
Operating profit (loss)9901€20k€-7k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€1k€904▼
Recurring financial charges65€1k€904▼
Profit (loss) for the period before taxes9903€18k€-8k▼
Income taxes67/77€6k-
Profit (loss) for the period9904€13k€-8k▼
Profit (loss) for the period to be appropriated9905€13k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-19k▼
Profit (loss) brought forward from the previous period14P€-24k€-11k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €7k | €8k | €9k | €1k | ▼ 86.7% |
| Other operating charges640/8 | - | - | €1k | €184 | €2k | ▲ 887% |
| Non-recurring operating charges66A | - | - | - | €6 | - | - |
| Gross operating margin9900 | €19k | €16k | €10k | €29k | €-4k | ▼ 114% |
| Operating profit (loss)9901 | €1k | €9k | €546 | €20k | €-7k | ▼ 137% |
| Financial income75/76B | - | - | €0 | €0 | - | - |
| Recurring financial income75 | €0 | €7 | €0 | €0 | - | - |
| Financial charges65/66B | - | - | €5k | €1k | €904 | ▼ 33.5% |
| Recurring financial charges65 | €1k | €613 | €5k | €1k | €904 | ▼ 33.5% |
| Profit (loss) for the period before taxes9903 | €368 | €8k | €-4k | €18k | €-8k | ▼ 144% |
| Income taxes67/77 | - | €8k | €3k | €6k | - | - |
| Profit (loss) for the period9904 | €368 | €152 | €-7k | €13k | €-8k | ▼ 165% |
| Profit (loss) for the period to be appropriated9905 | €368 | €152 | €-7k | €13k | €-8k | ▼ 165% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102k | €111k | €78k | €111k | €161k | ▲ 44.5% |
| Fixed assets21/28 | €28k | €21k | €20k | €1k | - | - |
| Intangible fixed assets21 | €28k | €21k | €14k | - | - | - |
| Tangible fixed assets22/27 | - | - | €6k | €1k | - | - |
| Furniture and vehicles24 | - | - | €6k | €1k | - | - |
| Current assets29/58 | €74k | €90k | €58k | €110k | €161k | ▲ 46.1% |
| Amounts receivable within one year40/41 | €62k | €89k | €49k | €99k | €159k | ▲ 60.5% |
| Trade receivables40 | - | - | €11k | €35k | €85k | ▲ 142% |
| Other amounts receivable41 | - | - | €38k | €64k | €74k | ▲ 15.6% |
| Cash at bank and in hand54/58 | €7k | €887 | €7k | €9k | €1k | ▼ 87.0% |
| Deferred charges and accrued income490/1 | - | - | €2k | €1k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102k | €111k | €78k | €111k | €161k | ▲ 44.5% |
| Equity10/15 | €14k | €14k | €7k | €12k | €4k | ▼ 68.3% |
| Contributions10/11 | €12k | - | €12k | €12k | €12k | = |
| Reserves13 | €11k | €11k | €11k | €11k | €11k | = |
| Non-distributable reserves130/1 | - | - | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Distributable reserves133 | - | - | €9k | €9k | €9k | = |
| Profit (loss) carried forward14 | €-9k | €-9k | €-16k | €-11k | €-19k | ▼ 71.3% |
| Amounts payable17/49 | €88k | €97k | €70k | €99k | €157k | ▲ 58.1% |
| Amounts payable after more than one year17 | €39k | €39k | €41k | €39k | €39k | = |
| Financial debts170/4 | - | - | €41k | €39k | €39k | = |
| Amounts payable within one year42/48 | €47k | €58k | €29k | €60k | €118k | ▲ 95.7% |
| Current portion of amounts payable after more than one year42 | - | - | €3k | €2k | - | - |
| Financial debts43 | - | - | - | - | €3k | - |
| Credit institutions430/8 | - | - | - | - | €3k | - |
| Trade debts44 | €39k | €44k | €24k | €31k | €75k | ▲ 146% |
| Suppliers440/4 | - | - | €24k | €31k | €75k | ▲ 146% |
| Advances received on contracts in progress46 | - | - | - | €13k | €13k | = |
| Taxes, remuneration and social security45 | - | - | €3k | €7k | €11k | ▲ 58.4% |
| Taxes450/3 | - | - | €3k | €7k | €11k | ▲ 58.4% |
| Other amounts payable47/48 | - | - | €73 | €8k | €16k | ▲ 99.1% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €368 | €152 | €-7k | €13k | €-8k | ▼ 165% |
| + Depreciation and write-downs630 | €7k | €7k | €8k | €9k | €1k | ▼ 86.7% |
| Operating cash flow (approximation) | €7k | €7k | €1k | €22k | €-7k | ▼ 132% |
| Investment in fixed assets (approximation) | - | €0 | €-7k | - | - | - |
| Change in cash | - | €-6k | €6k | - | €-8k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
19-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 111 days late
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
31-12
Financial
Back to profitnet €368
Net result €368 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 254 days late
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2009
Ground area
391 m²
Building footprint
391 m²
Volume, LiDAR
3,372 m³
Parcel 44432C0885/00G005, Flanders · tallest building 14.5 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ARCHITECT PATRICK PERSOONS
since 20092.179.840.319
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0885/00G005 | Flanders | 391 m² | 1 · 391 m² | 14.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 18,255 companies in sector 71111 we hold annual accounts for 6,323. 1,863 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded26-06-2009
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
Scores and ratios are computed by Checked and are not a credit decision.