Summary
PAT - DRIE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €682,783 and a net result of €68,953. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 6166 sector peers (fiscal year 2024). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
12 d early
2022
23 d early
2021
16 d early
2020
16 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#3 oldest company in Veurne, Finance and insurance sector
Equity
€682,783▼ 49.2%
2023 · €1.3m
Net result
€68,953▼ 66.6%
2023 · €206,387
Total assets
€1.4m▲ 1.6%
2023 · €1.4m
Solvency
49.1%▼ 49.2pp
2023 · 98.3%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€56,101▲ 176%€201,029▲ 258%€311,961▲ 55.2%€290,648▼ 6.8%€95,518▼ 67.1%
Net result€40,133within the sector's middle half▼ 94.3%€140,911within the sector's middle half▲ 251%€219,916above the sector's middle half▲ 56.1%€206,387above the sector's middle half▼ 6.2%€68,953within the sector's middle half▼ 66.6%
Equity€839,194within the sector's middle half▼ 22.7%€980,105within the sector's middle half▲ 16.8%€1.1mwithin the sector's middle half▲ 16.1%€1.3mwithin the sector's middle half▲ 18.1%€682,783within the sector's middle half▼ 49.2%
Total assets€1.4mwithin the sector's middle half▲ 4.4%€1.2mwithin the sector's middle half▼ 11.2%€1.2mwithin the sector's middle half▲ 1.9%€1.4mwithin the sector's middle half▲ 11.8%€1.4mwithin the sector's middle half▲ 1.6%
Debt€514,102▲ 144%€221,012▼ 57.0%€85,727▼ 61.2%€23,699▼ 72.4%€707,766▲ 2,886%
Working capital€525,627above the sector's middle half▼ 32.3%€666,337above the sector's middle half▲ 26.8%€796,722above the sector's middle half▲ 19.6%€1.0mabove the sector's middle half▲ 26.5%€380,837above the sector's middle half▼ 62.2%
Solvency62.0%within the sector's middle half▼ 21.7pp81.6%above the sector's middle half▲ 19.6pp93.0%above the sector's middle half▲ 11.4pp98.3%above the sector's middle half▲ 5.3pp49.1%within the sector's middle half▼ 49.2pp
Current ratio2.09within the sector's middle half▼ 4.364.02above the sector's middle half▲ 1.9310.31above the sector's middle half▲ 6.2943.54above the sector's middle half▲ 33.231.54within the sector's middle half▼ 42.00
Return on assets (ROA)3.0%within the sector's middle half▼ 51.4pp11.7%above the sector's middle half▲ 8.8pp18.0%above the sector's middle half▲ 6.2pp15.1%above the sector's middle half▼ 2.9pp5.0%within the sector's middle half▼ 10.1pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 67% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets
€301,946 ▼ 10.2%
Current assets
€1.1m ▲ 5.5%
Equity and liabilities €1.4m
Equity
€682,783 ▼ 49.2%
Debt
€707,766 ▲ 2,886%
Debt's share of the balance-sheet total rises from 1.7% to 50.9%. Equity is lower and debt is higher.
Key figures and ratios
ROE
10.1%▼
2023 · 15.4%
Debt ≤ 1 year
€707,766▲
2023 · €23,699
Income taxes
€26,212▼
2023 · €88,758
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,801 | €31,587 | €26,921 | €33,858 | €37,690 | ▲ 11.3% |
| Other operating charges640/8 | - | €2,881 | €2,778 | €3,046 | €3,139 | ▲ 3.1% |
| Gross operating margin9900 | €90,948 | €235,497 | €341,660 | €327,552 | €136,346 | ▼ 58.4% |
| Operating profit (loss)9901 | €56,101 | €201,029 | €311,961 | €290,648 | €95,518 | ▼ 67.1% |
| Financial income75/76B | - | - | €207 | €4,829 | - | - |
| Recurring financial income75 | €6,772 | - | €207 | €4,829 | - | - |
| Financial charges65/66B | - | €1,245 | €562 | €332 | €352 | ▲ 6.0% |
| Recurring financial charges65 | €8,026 | €1,245 | €562 | €332 | €352 | ▲ 6.0% |
| Profit (loss) for the period before taxes9903 | €54,847 | €199,784 | €311,606 | €295,145 | €95,166 | ▼ 67.8% |
| Income taxes67/77 | €14,714 | €58,873 | €91,690 | €88,758 | €26,212 | ▼ 70.5% |
| Profit (loss) for the period9904 | €40,133 | €140,911 | €219,916 | €206,387 | €68,953 | ▼ 66.6% |
| Profit (loss) for the period to be appropriated9905 | €40,133 | €140,911 | €219,916 | €206,387 | €68,953 | ▼ 66.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.2m | €1.2m | €1.4m | €1.4m | ▲ 1.6% |
| Fixed assets21/28 | €345,638 | €314,050 | €341,449 | €336,327 | €301,946 | ▼ 10.2% |
| Tangible fixed assets22/27 | €345,638 | €314,050 | €341,449 | €336,327 | €301,946 | ▼ 10.2% |
| Land and buildings22 | - | €311,416 | €340,759 | €326,637 | €294,545 | ▼ 9.8% |
| Plant, machinery and equipment23 | - | €2,634 | €690 | €153 | - | - |
| Furniture and vehicles24 | - | - | - | €9,537 | €7,401 | ▼ 22.4% |
| Current assets29/58 | €1.0m | €887,067 | €882,299 | €1.0m | €1.1m | ▲ 5.5% |
| Amounts receivable after more than one year29 | - | - | €316,060 | €316,060 | €256,060 | ▼ 19.0% |
| Trade receivables290 | - | - | €316,060 | €316,060 | €256,060 | ▼ 19.0% |
| Amounts receivable within one year40/41 | €496,060 | €606,060 | €83,100 | €198,824 | €97,649 | ▼ 50.9% |
| Trade receivables40 | - | €170,000 | €67,200 | €182,800 | €80,540 | ▼ 55.9% |
| Other amounts receivable41 | - | €436,060 | €15,900 | €16,024 | €17,109 | ▲ 6.8% |
| Cash at bank and in hand54/58 | €498,792 | €274,932 | €476,926 | €510,763 | €728,721 | ▲ 42.7% |
| Deferred charges and accrued income490/1 | - | €6,075 | €6,213 | €6,134 | €6,173 | ▲ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.2m | €1.2m | €1.4m | €1.4m | ▲ 1.6% |
| Equity10/15 | €839,194 | €980,105 | €1.1m | €1.3m | €682,783 | ▼ 49.2% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €853,497 | €994,408 | €1.2m | €1.4m | €697,086 | ▼ 48.7% |
| Non-distributable reserves130/1 | - | €30,547 | - | - | - | - |
| Reserves not available under the articles1311 | - | €30,547 | - | - | - | - |
| Tax-exempt reserves132 | - | €15,480 | €15,480 | €15,480 | €15,480 | = |
| Distributable reserves133 | - | €948,381 | €1.1m | €1.3m | €681,606 | ▼ 49.3% |
| Profit (loss) carried forward14 | -€32,895 | -€32,895 | -€32,895 | -€32,895 | -€32,895 | = |
| Amounts payable17/49 | €514,102 | €221,012 | €85,727 | €23,699 | €707,766 | ▲ 2,886% |
| Amounts payable after more than one year17 | €28,265 | - | - | - | - | - |
| Amounts payable within one year42/48 | €482,031 | €220,729 | €85,577 | €23,699 | €707,766 | ▲ 2,886% |
| Current portion of amounts payable after more than one year42 | - | €27,075 | - | - | - | - |
| Trade debts44 | €2,736 | €170,170 | €247 | €1,792 | €1,492 | ▼ 16.7% |
| Suppliers440/4 | - | €170,170 | €247 | €1,792 | €1,492 | ▼ 16.7% |
| Taxes, remuneration and social security45 | - | €23,485 | €23,330 | €21,908 | €26,308 | ▲ 20.1% |
| Taxes450/3 | - | €23,485 | €23,330 | €21,908 | €26,308 | ▲ 20.1% |
| Other amounts payable47/48 | - | - | €62,000 | - | €679,966 | - |
| Accrued charges and deferred income492/3 | - | €283 | €150 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,133 | €140,911 | €219,916 | €206,387 | €68,953 | ▼ 66.6% |
| + Depreciation and write-downs630 | €32,801 | €31,587 | €26,921 | €33,858 | €37,690 | ▲ 11.3% |
| Operating cash flow (approximation) | €72,934 | €172,498 | €246,837 | €240,245 | €106,643 | ▼ 55.6% |
| Investment in fixed assets (approximation) | - | €0 | -€54,319 | -€28,736 | -€3,309 | ▲ 88.5% |
| Change in cash | - | -€223,860 | €201,994 | €33,837 | €217,958 | ▲ 544% |
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
2026
17-07
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 43.54
Current ratio from 10.31 to 43.54; short-term debt falls from €85,577 to €23,699.
08-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity triplescurrent ratio 10.31
Current ratio from 4.02 to 10.31; short-term debt falls from €220,729 to €85,577.
31-12
Financial
Equity above €1mEq €1.1m ▲16.1%
5 profitable years in a row build equity to €1.1m.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €704,393 ▲2,590%
Net result €704,393, the highest in the series.
31-12
Financial
Liquidity times 34current ratio 6.45
Current ratio from 0.19 to 6.45; short-term debt falls from €215,145 to €142,451.
Show earlier events
31-12
Financial
Equity above €1mEq €1.1m ▲185%
2 profitable years in a row build equity to €1.1m.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
Financial milestoneState Gazette actNBB 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Veurne · 1 establishment unit since 1992
Ground area
5,431 m²
Building footprint
2,261 m²
Volume, LiDAR
11,631 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PAT-DRIE BVBA
since 19922.057.756.713
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025C0203/00M000 | Flanders | 4,581 m² | 1 · 2,015 m² | 8.2 m · 2 fl. |
| 38025B0040/00Z000 | Flanders | 850 m² | 1 · 246 m² | 5.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 806 companies in this sector we hold annual accounts for 487. 271 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded15-05-1992
Fiscal year end31-12
Activities, NACEBEL 2025
64999Other financial services
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447440313
Also
9925:BE0447440313
Registered
10-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.