Pat Trans
ActiveSummary
Pat Trans has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €326k and a net result of €51k. Equity is growing by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 110 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-4
Solvency91▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 1.08 in 2024; short-term debt: 31% and cash: 23.4% of total assets), and 34% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
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
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
66%
Return on assets
10.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
27 d late
2023
2 d early
2022
27 d early
2021
2 d early
2020
16 d early
2019
12 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€326k▲ 18.5%
2024 · €275k
2018: €37k
2019: €37k
2020: €36k
2021: €104k
2022: €162k
2023: €191k
2024: €275k
2018 → 2025
Total assets
€494k▼ 18.0%
2024 · €602k
2018: €41k
2019: €47k
2020: €36k
2021: €452k
2022: €398k
2023: €431k
2024: €602k
2018 → 2025
Net result
€51k▼ 39.5%
2024 · €84k
2018: €3k
2019: €10k
2020: €-198
2021: €67k
2022: €58k
2023: €29k
2024: €84k
2018 → 2025
Working capital
€148k▲ 647%
2024 · €20k
2018: €37k
2019: €37k
2020: €36k
2021: €-36k
2022: €3k
2023: €30k
2024: €20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€104k-€162k▲ 56.2%€191k▲ 17.9%€275k▲ 43.9%€326k▲ 18.5%
Operating result€102k-€84k▼ 17.6%€44k▼ 47.5%€132k▲ 200%€81k▼ 38.4%
Net result€67k-€58k▼ 13.5%€29k▼ 50.3%€84k▲ 189%€51k▼ 39.5%
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 falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €494k
Fixed assets
€192k ▼ 41.6%
Current assets
€301k ▲ 10.6%
Equity and liabilities €494k
Equity
€326k ▲ 18.5%
Debt
€168k ▼ 48.7%
Debt's share of the balance-sheet total falls from 54.3% to 34.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€210k▼
2024 · €256k
Cash flow
€180k▼
2024 · €208k
Current ratio
1.97▲
2024 · 1.08
Debt to equity
0.51▼
2024 · 1.19
ROE
15.6%▼
2024 · 30.5%
ROA
10.3%▼
2024 · 13.9%
Interest coverage
28.42▲
2024 · 26.36
Debt ≤ 1 year
€153k▼
2024 · €253k
Debt > 1 year
€15k▼
2024 · €74k
Income taxes
€23k▼
2024 · €38k
Staff costs
€126k▼
2024 · €129k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€602k€494k▼
Fixed assets21/28€330k€192k▼
Tangible fixed assets22/27€256k€118k▼
Furniture and vehicles24€129k€48k▼
Leasing and similar rights25€103k€47k▼
Other tangible fixed assets26€23k€23k=
Financial fixed assets28€74k€74k=
Current assets29/58€272k€301k▲
Amounts receivable within one year40/41€219k€186k▼
Trade receivables40€200k€174k▼
Other amounts receivable41€19k€12k▼
Cash at bank and in hand54/58€54k€116k▲
Equity and liabilities
Total equity and liabilities10/49€602k€494k▼
Equity10/15€275k€326k▲
Contributions10/11€12k€12k=
Reserves13€222k€257k▲
Distributable reserves133€222k€257k▲
Profit (loss) carried forward14€41k€57k▲
Amounts payable17/49€327k€168k▼
Amounts payable after more than one year17€74k€15k▼
Financial debts170/4€74k€15k▼
Amounts payable within one year42/48€253k€153k▼
Current portion of amounts payable after more than one year42€143k€62k▼
Financial debts43€10k€10k▼
Credit institutions430/8€10k€10k▼
Trade debts44€67k€48k▼
Suppliers440/4€67k€48k▼
Taxes, remuneration and social security45€32k€34k▲
Taxes450/3€25k€19k▼
Remuneration and social security454/9€7k€15k▲
Income statement
Code20242025
Remuneration, social security and pensions62€129k€126k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€124k€129k▲
Other operating charges640/8€5k€15k▲
Gross operating margin9900€390k€352k▼
Operating profit (loss)9901€132k€81k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€10k€7k▼
Recurring financial charges65€10k€7k▼
Profit (loss) for the period before taxes9903€122k€74k▼
Income taxes67/77€38k€23k▼
Profit (loss) for the period9904€84k€51k▼
Profit (loss) for the period to be appropriated9905€84k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€121k€92k▼
Profit (loss) brought forward from the previous period14P€37k€41k▲
Transfer to equity691/2€80k€35k▼
To other reserves6921€80k€35k▼
Social balance
Average headcount (FTE)90874.73.0▼
The notes to these accounts (10 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial
Highest result since 2018net €84k ▲189%
Operating result €132k, net result €84k, both a record.
31-12
Financial
Equity above €200kEq €275k ▲43.9%
4 profitable years in a row build equity to €275k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €162k ▲56.2%
2 profitable years in a row build equity to €162k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €67k
Net result €67k after one loss-making year.
31-12
Financial
Equity above €100kEq €104k ▲186%
Equity rises from €36k to €104k.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-198 ▼102%
Net result drops to €-198, the lowest in the series; recovery starts the following year.
Show earlier events
31-12
Financial
Liquidity times 58current ratio 266.63
Current ratio from 4.60 to 266.63; short-term debt falls from €10k to €137.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Liedekerke · 1 establishment unit since 2006
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.
10de Zijweg 101770 LiedekerkeGround area
419 m²
Building footprint
178 m²
Volume, LiDAR
743 m³
Parcel 23044A1082/00L000, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Pat Trans
since 20062.163.681.901
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23044A1082/00L000 | Flanders | 419 m² | 1 · 178 m² | 5.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
New Distribution Line
BE 0462.979.317
Affligem · Eq €325k
MATTHIAS TRANSPORT SOLUTIONS
BE 0644.901.926
Beveren-Kruibeke-Zwijndrecht · Eq €327k
DH FIELDS SERVICE
BE 0833.781.019
Wavre · Eq €329k
VAN DER VELDE SPRINTER en COLLI SERVICE
BE 0462.689.109
Grobbendonk · Eq €323k
Eco DTLO
BE 0871.904.888
Courcelles · Eq €322k
Of 4,915 companies in sector 53200 we hold annual accounts for 1,329. 757 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.