DE PATRIJS
ActiveDE PATRIJS has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.32M and a net result of €581k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 89% of 1026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €390k at 30 days acceptable
Liquidity ample (current ratio 5.11 against 5.68 in 2024; short-term debt: 12.9% and cash: 33% of total assets), and 15.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.3%
Return on assets
11.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
35 d early
2023
40 d early
2022
30 d early
2021
32 d early
2020
31 d early
2019
13 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4.32M▼ 1.5%
2024 · €4.39M
2018: €3.70M
2019: €4.01M
2020: €4.11M
2021: €4.09M
2022: €4.09M
2023: €4.31M
2024: €4.39M
2018 → 2025
Total assets
€5.12M▼ 0.2%
2024 · €5.13M
2018: €4.52M
2019: €4.68M
2020: €4.68M
2021: €4.67M
2022: €4.87M
2023: €5.84M
2024: €5.13M
2018 → 2025
Net result
€581k▲ 43.3%
2024 · €405k
2018: €373k
2019: €463k
2020: €246k
2021: €275k
2022: €335k
2023: €310k
2024: €405k
2018 → 2025
Working capital
€2.71M▼ 3.5%
2024 · €2.81M
2018: €3.74M
2019: €4.08M
2020: €4.20M
2021: €2.56M
2022: €2.41M
2023: €2.68M
2024: €2.81M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.09M-€4.09M▲ 0.1%€4.31M▲ 5.1%€4.39M▲ 1.9%€4.32M▼ 1.5%
Operating result€351k-€397k▲ 13.0%€424k▲ 6.7%€505k▲ 19.3%€756k▲ 49.7%
Net result€275k-€335k▲ 21.9%€310k▼ 7.6%€405k▲ 30.8%€581k▲ 43.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 50% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.12M
Fixed assets
€1.76M▲ 1.9%
Current assets
€3.37M▼ 1.2%
Equity and liabilities €5.12M
Equity
€4.32M▼ 1.5%
Provisions
€141k=
Debt
€664k▲ 9.7%
The debt ratio rises from 11.8% to 13.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€872k▲
2024 · €608k
Cash flow
€696k▲
2024 · €508k
Solvency
84.3%▼
2024 · 85.5%
Current ratio
5.11▼
2024 · 5.68
Quick ratio
3.38▼
2024 · 3.57
Debt / equity
0.15▲
2024 · 0.14
ROE
13.4%▲
2024 · 9.2%
ROA
11.3%▲
2024 · 7.9%
Interest coverage
159.13▲
2024 · 117.48
Debt
€664k▲
2024 · €606k
Debt ≤ 1 year
€659k▲
2024 · €600k
Income taxes
€196k▲
2024 · €137k
Staff costs
€394k▲
2024 · €391k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.13M€5.12M▼
Fixed assets21/28€1.72M€1.76M▲
Tangible fixed assets22/27€1.72M€1.76M▲
Land and buildings22€1.60M€1.62M▲
Plant, machinery and equipment23€37k€23k▼
Furniture and vehicles24€84k€112k▲
Current assets29/58€3.41M€3.37M▼
Stocks and contracts in progress3€1.26M€1.14M▼
Stocks30/36€1.26M€1.14M▼
Amounts receivable within one year40/41€468k€519k▲
Trade receivables40€449k€513k▲
Other amounts receivable41€19k€7k▼
Current investments50/53€166k€16k▼
Cash at bank and in hand54/58€1.51M€1.69M▲
Equity and liabilities
Total equity and liabilities10/49€5.13M€5.12M▼
Equity10/15€4.39M€4.32M▼
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€4.26M€4.20M▼
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Tax-exempt reserves132€85k€85k=
Distributable reserves133€4.16M€4.10M▼
Provisions and deferred taxes16€141k€141k=
Provisions for liabilities and charges160/5€141k€141k=
Major repairs and maintenance162€141k€141k=
Amounts payable17/49€606k€664k▲
Amounts payable within one year42/48€600k€659k▲
Trade debts44€246k€222k▼
Suppliers440/4€246k€222k▼
Taxes, remuneration and social security45€31k€113k▲
Taxes450/3€610€72k▲
Remuneration and social security454/9€30k€41k▲
Other amounts payable47/48€324k€324k=
Accrued charges and deferred income492/3€5k€5k=
Income statement
Code20242025
Non-recurring operating income76A€6k€14k▲
Remuneration, social security and pensions62€391k€394k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€102k€116k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€22k€1k▼
Other operating charges640/8€45k€53k▲
Non-recurring operating charges66A€7k-
Gross operating margin9900€1.07M€1.32M▲
Operating profit (loss)9901€505k€756k▲
Financial income75/76B€42k€26k▼
Recurring financial income75€42k€26k▼
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€542k€777k▲
Income taxes67/77€137k€196k▲
Profit (loss) for the period9904€405k€581k▲
Transfer from tax-exempt reserves789€31k-
Profit (loss) for the period to be appropriated9905€436k€581k▲
Appropriation of the result
Profit (loss) to be appropriated9906€436k€581k▲
Transfer from equity791/2-€324k
Transfer to equity691/2€112k€257k▲
To other reserves6921€112k€257k▲
Profit to be distributed694/7€324k€648k▲
Return on contributions (dividend)694€324k€648k▲
Social balance
Average headcount (FTE)90877.4-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €581k ▲43.3%
Operating result €756k, net result €581k, both a record.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €246k ▼46.8%
Net result drops to €246k, the lowest in the series; recovery starts the following year.
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wortegem-Petegem · 1 establishment unit since 1984
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Deinzestraat(O.) 34A9790 Wortegem-PetegemGround area
3,386 m²
Building footprint
1,877 m²
Volume, LiDAR
13,013 m³
2 parcels, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
De Patrijs NV
since 19842.023.842.345
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45025C0720/00N002 | Flanders | 2,227 m² | 1 · 984 m² | 9.4 m · 2 fl. |
| 45025C0720/00W002 | Flanders | 1,159 m² | 1 · 893 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 7,621 EUR awarded · 7,621 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,892 EUR | 2,892 EUR |
| 2024 | 1 | 639 EUR | 639 EUR |
| 2023 | 2 | 4,002 EUR | 4,002 EUR |
| 2022 | 1 | 88 EUR | 88 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Legal Entity Identifier
875500LMWB1EF054Z455
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Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 700 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-12-1983
Fiscal year end30-09
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
50200
29100Manufacture of motor vehicles, trailers and semi-trailers
29201Manufacture of motor vehicles, trailers and semi-trailers
29202Manufacture of motor vehicles, trailers and semi-trailers
29320Manufacture of motor vehicles, trailers and semi-trailers
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
47812Retail trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50103
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.