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PATAR SERVICES

Active
Private limited companyfounded 20205 yrs activeWijnheuvelenstraat 151, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0755.884.970
Summary

The computed 12-month bankruptcy probability of PATAR SERVICES is 4.9% (elevated). The 2025 annual accounts show equity of €60,530 and a net result of €10,228. Equity is growing by ~54.7% per year across the filed fiscal years. Its solvency ranks better than 46% of 4695 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2023
Profitability76▼-24
Solvency60▼-40
Growth78=
Track record94
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.51 against 3.93 in 2023; short-term debt: 65.3% and cash: 57.9% of total assets), but 65.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-01-2026, 21 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
21 d early
2023
on the day
2022
33 d early
2021
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 24 days before the deadline; the sector median for financial year 2023 is 1 day after the deadline, and 50% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PATAR SERVICES was incorporated on 8 October 2020 as a Private limited company.1 Total assets rose from EUR 30,438 in 2021 to EUR 174,334 in 2025 and headcount from 0.8 to 1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€126,980
EBIT margin
21.6%
Net result
€10,228▼ 53.8%
2023 · €22,134
Working capital
€58,582▲ 72.6%
2023 · €33,937
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232025
Turnover€126,980
Operating result€2,019-€13,497▲ 568%€27,420▲ 103%€15,855-
Net result€1,304within the sector's middle half-€10,010within the sector's middle half▲ 667%€22,134above the sector's middle half▲ 121%€10,228within the sector's middle half-
EBIT margin21.6%
Equity€5,304below the sector's middle half-€15,314within the sector's middle half▲ 189%€37,449within the sector's middle half▲ 145%€60,530within the sector's middle half-
Total assets€30,438below the sector's middle half-€66,350within the sector's middle half▲ 118%€49,364within the sector's middle half▼ 25.6%€174,334within the sector's middle half-
Debt€25,133-€51,036▲ 103%€11,915▼ 76.7%€113,804-
Working capital€6,270-€15,643▲ 149%€33,937▲ 117%€58,582-
Solvency17.4%within the sector's middle half-23.1%within the sector's middle half▲ 5.7pp75.9%above the sector's middle half▲ 52.8pp34.7%within the sector's middle half-
Staff (FTE)0.8-1▲ 25.0%1=1-
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2021: €2,019€2,019Net result 2021: €1,304€1,304Operating result 2022: €13,497€13,497Net result 2022: €10,010€10,010Operating result 2023: €27,420€27,420Net result 2023: €22,134€22,134Operating result 2025: €15,855€15,855Net result 2025: €10,228€10,2282021202220232025€0€10,000€20,000€30,000Operating result 2022: €13,497€13,500Net result 2022: €10,010€10,000Operating result 2023: €27,420€27,400Net result 2023: €22,134€22,100Operating result 2025: €15,855€15,900Net result 2025: €10,228€10,200202220232025
The operating result is €15,855 in 2025, compared with €27,420 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €174,334
Fixed assets €1,948 ▼ 49.3%
Current assets €172,386 ▲ 279%
Equity and liabilities €174,334
Equity €60,530 ▲ 61.6%
Debt €113,804 ▲ 855%
Debt's share of the balance-sheet total rises from 24.1% to 65.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2023
EBITDA
€17,536▼
2023 · €28,701
Cash flow
€11,909▼
2023 · €23,415
Current ratio
1.51▼
2023 · 3.93
Debt to equity
1.88▲
2023 · 0.32
ROE
16.9%▼
2023 · 59.1%
ROA
5.9%▼
2023 · 44.8%
Interest coverage
11.88▼
2023 · 287005.10
Debt ≤ 1 year
€113,804▲
2023 · €11,586
Income taxes
€4,150▼
2023 · €5,784
Staff costs
€90,628▲
2023 · €37,238
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 39 lines
Balance sheet Code20232025
Assets
Total assets20/58€49,364€174,334▲
Fixed assets21/28€3,841€1,948▼
Tangible fixed assets22/27€3,841€1,948▼
Plant, machinery and equipment23€3,841€1,948▼
Current assets29/58€45,523€172,386▲
Amounts receivable within one year40/41-€71,363
Trade receivables40-€40,614
Other amounts receivable41-€30,749
Cash at bank and in hand54/58€45,523€101,023▲
Equity and liabilities
Total equity and liabilities10/49€49,364€174,334▲
Equity10/15€37,449€60,530▲
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14€33,449€56,530▲
Amounts payable17/49€11,915€113,804▲
Amounts payable within one year42/48€11,586€113,804▲
Trade debts44€555€98,937▲
Suppliers440/4€555€98,937▲
Taxes, remuneration and social security45€8,825€12,661▲
Taxes450/3€6,785€5,966▼
Remuneration and social security454/9€2,040€6,694▲
Other amounts payable47/48€2,206€2,206=
Accrued charges and deferred income492/3€329-
Income statement Code20232025
Turnover70€126,980-
Goods, raw materials, services and sundry goods60/61€60,632-
Remuneration, social security and pensions62€37,238€90,628▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,280€1,681▲
Other operating charges640/8€409€130▼
Gross operating margin9900€66,348€108,294▲
Operating profit (loss)9901€27,420€15,855▼
Financial income75/76B€499€0▼
Recurring financial income75€499€0▼
Financial charges65/66B€0€1,476▲
Recurring financial charges65€0€1,476▲
Profit (loss) for the period before taxes9903€27,919€14,379▼
Income taxes67/77€5,784€4,150▼
Profit (loss) for the period9904€22,134€10,228▼
Profit (loss) for the period to be appropriated9905€22,134€10,228▼
Appropriation of the result
Profit (loss) to be appropriated9906€33,449€56,530▲
Profit (loss) brought forward from the previous period14P€11,314€46,302▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232025Change
Turnover70--€126,980--
Goods, raw materials, services and sundry goods60/61--€60,632--
Remuneration, social security and pensions62-€31,728€37,238€90,628-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,200-€1,280€1,681-
Other operating charges640/8-€348€409€130-
Gross operating margin9900€29,281€45,573€66,348€108,294-
Operating profit (loss)9901€2,019€13,497€27,420€15,855-
Financial income75/76B-€3€499€0-
Recurring financial income75-€3€499€0-
Financial charges65/66B-€715€0€1,476-
Recurring financial charges65-€715€0€1,476-
Profit (loss) for the period before taxes9903€2,019€12,786€27,919€14,379-
Income taxes67/77€715€2,776€5,784€4,150-
Profit (loss) for the period9904€1,304€10,010€22,134€10,228-
Profit (loss) for the period to be appropriated9905€1,304€10,010€22,134€10,228-
Line2021202220232025Change
Assets
Total assets20/58€30,438€66,350€49,364€174,334-
Fixed assets21/28--€3,841€1,948-
Tangible fixed assets22/27--€3,841€1,948-
Plant, machinery and equipment23--€3,841€1,948-
Current assets29/58€30,438€66,350€45,523€172,386-
Amounts receivable within one year40/41€22,773€17,963-€71,363-
Trade receivables40-€12,055-€40,614-
Other amounts receivable41-€5,908-€30,749-
Cash at bank and in hand54/58€7,665€48,387€45,523€101,023-
Equity and liabilities
Total equity and liabilities10/49€30,438€66,350€49,364€174,334-
Equity10/15€5,304€15,314€37,449€60,530-
Contributions10/11-€4,000€4,000€4,000-
Profit (loss) carried forward14€1,304€11,314€33,449€56,530-
Amounts payable17/49€25,133€51,036€11,915€113,804-
Amounts payable within one year42/48€24,167€50,707€11,586€113,804-
Trade debts44€16,065€42,899€555€98,937-
Suppliers440/4-€42,899€555€98,937-
Taxes, remuneration and social security45-€5,702€8,825€12,661-
Taxes450/3-€3,491€6,785€5,966-
Remuneration and social security454/9-€2,211€2,040€6,694-
Other amounts payable47/48-€2,106€2,206€2,206-
Accrued charges and deferred income492/3-€329€329--
Line2021202220232025Change
Profit (loss) for the period9904€1,304€10,010€22,134€10,228-
+ Depreciation and write-downs630€1,200-€1,280€1,681-
Operating cash flow (approximation)€2,504€10,010€23,415€11,909-
Change in cash-€40,722-€2,864--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
10-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Highest result since 2021net €22,134 ▲121%
Operating result €27,420, net result €22,134, both a record.
30-06
Financial Liquidity triplescurrent ratio 3.93
Current ratio from 1.31 to 3.93; short-term debt falls from €50,707 to €11,586.
2022
29-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
19-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Schaarbeek · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
682 m²
Building footprint
127 m²
Volume, LiDAR
1,509 m³
Parcel 21906D0117/02A003, Brussels · tallest building 17.9 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Patar Services
Wijnheuvelenstraat 151, 1030 SchaarbeekRemoval services
since 20202.309.334.923
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21906D0117/02A003 Brussels 682 m² 1 · 127 m² 17.9 m · 5 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.

Similar companies · same sector, comparable size

Of 999 companies in sector 49420 we hold annual accounts for 450. 345 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
Founded08-10-2020
Fiscal year end30-06
Activities, NACEBEL 2025
49420Removal services
52100Warehousing and storage
52250Logistics services
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0755884970
Registered 10-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.