Patasjoe
ActivePatasjoe has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €744k and a net result of €1.17M. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 52% of 800 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency59▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.18 in 2024; short-term debt: 57.3% and cash: 43.5% of total assets), and 66.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 10
Relative position
BE, all sectors
reference
Sector 10
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
33.9%
Return on assets
53.3%
Age of the figures
15 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
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 13-10-2025, 110 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
110 d early
2024
77 d early
2023
86 d early
2022
40 d early
2021
47 d early
2020
55 d early
2019
80 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€744k▲ 19.0%
2024 · €625k
2019: €216k
2020: €236k
2021: €372k
2022: €483k
2023: €545k
2024: €625k
2019 → 2025
Total assets
€2.19M▲ 6.6%
2024 · €2.06M
2019: €563k
2020: €600k
2021: €1.20M
2022: €1.61M
2023: €1.84M
2024: €2.06M
2019 → 2025
Net result
€1.17M▲ 8.1%
2024 · €1.08M
2019: €203k
2020: €280k
2021: €386k
2022: €711k
2023: €862k
2024: €1.08M
2019 → 2025
Working capital
€320k▲ 47.6%
2024 · €217k
2019: €117k
2020: €118k
2021: €127k
2022: €60k
2023: €157k
2024: €217k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€372k-€483k▲ 29.7%€545k▲ 12.8%€625k▲ 14.8%€744k▲ 19.0%
Operating result€422k-€770k▲ 82.4%€916k▲ 18.9%€1.13M▲ 23.7%€1.21M▲ 6.9%
Net result€386k-€711k▲ 84.3%€862k▲ 21.3%€1.08M▲ 25.4%€1.17M▲ 8.1%
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 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.19M
Fixed assets
€615k▼ 4.4%
Current assets
€1.58M▲ 11.6%
Equity and liabilities €2.19M
Equity
€744k▲ 19.0%
Debt
€1.45M▲ 1.2%
The debt ratio falls from 69.6% to 66.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.40M▲
2024 · €1.29M
Cash flow
€1.36M▲
2024 · €1.23M
Solvency
33.9%▲
2024 · 30.4%
Current ratio
1.25▲
2024 · 1.18
Quick ratio
1.15▲
2024 · 1.10
Debt / equity
1.95▼
2024 · 2.29
ROE
157.2%▼
2024 · 172.9%
ROA
53.3%▲
2024 · 52.5%
Interest coverage
39.43▼
2024 · 41.55
Debt
€1.45M▲
2024 · €1.43M
Debt ≤ 1 year
€1.26M▲
2024 · €1.20M
Debt > 1 year
€192k▼
2024 · €236k
Income taxes
€55k▲
2024 · €45k
Staff costs
€854k▲
2024 · €786k
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€2.06M€2.19M▲
Fixed assets21/28€644k€615k▼
Intangible fixed assets21€6k€524▼
Tangible fixed assets22/27€638k€615k▼
Plant, machinery and equipment23€279k€311k▲
Furniture and vehicles24€24k€14k▼
Other tangible fixed assets26€335k€290k▼
Current assets29/58€1.41M€1.58M▲
Stocks and contracts in progress3€97k€130k▲
Stocks30/36€97k€130k▲
Amounts receivable within one year40/41€44k€477k▲
Trade receivables40€17k€26k▲
Other amounts receivable41€27k€451k▲
Current investments50/53€1.00M€0▼
Cash at bank and in hand54/58€256k€955k▲
Deferred charges and accrued income490/1€16k€16k▼
Equity and liabilities
Total equity and liabilities10/49€2.06M€2.19M▲
Equity10/15€625k€744k▲
Contributions10/11€50k€50k=
Reserves13€575k€694k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€556k€675k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.43M€1.45M▲
Amounts payable after more than one year17€236k€192k▼
Financial debts170/4€236k€192k▼
Amounts payable within one year42/48€1.20M€1.26M▲
Current portion of amounts payable after more than one year42€44k€44k=
Trade debts44€55k€49k▼
Suppliers440/4€55k€49k▼
Taxes, remuneration and social security45€98k€115k▲
Taxes450/3€26k€38k▲
Remuneration and social security454/9€71k€77k▲
Other amounts payable47/48€1.00M€1.05M▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€786k€854k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€153k€187k▲
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€2.08M€2.26M▲
Operating profit (loss)9901€1.13M€1.21M▲
Financial income75/76B€24k€48k▲
Recurring financial income75€24k€48k▲
Financial charges65/66B€31k€35k▲
Recurring financial charges65€31k€35k▲
Profit (loss) for the period before taxes9903€1.13M€1.22M▲
Income taxes67/77€45k€55k▲
Profit (loss) for the period9904€1.08M€1.17M▲
Profit (loss) for the period to be appropriated9905€1.08M€1.17M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.08M€1.17M▲
Transfer to equity691/2€81k€118k▲
To other reserves6921€81k€118k▲
Profit to be distributed694/7€1.00M€1.05M▲
Directors or managers695€1.00M€1.05M▲
Social balance
Average headcount (FTE)908724.624.2▼
The notes to these accounts (18 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
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €1.17M ▲8.1%
Operating result €1.21M, net result €1.17M, both a record.
2024
15-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Equity above €500kEq €545k ▲12.8%
5 profitable years in a row build equity to €545k.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
08-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-12
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
4 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, Brugge · 1 establishment unit since 2013
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.
Gistelse Steenweg 6048200 BruggeGround area
1,305 m²
Building footprint
674 m²
Volume, LiDAR
2,662 m³
Parcel 31425C0361/00B016, Flanders · tallest building 10.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Patasjoe
since 20132.215.937.581
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31425C0361/00B016 | Flanders | 1,305 m² | 1 · 674 m² | 10.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 12,501 EUR awarded · 12,501 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | -76 EUR | 88 EUR |
| 2024 | 1 | 0 EUR | 9,836 EUR |
| 2023 | 2 | 11,401 EUR | 1,401 EUR |
| 2022 | 1 | 1,176 EUR | 1,176 EUR |
Schemes
Werkbaarheidscheque (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.215.937.581
Dual-learning approval
2 live approvals · 3 endedMedewerker (banket)bakkerij duaal (so)
Medewerker bakkerij (vwo)
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De Swaene
BE 0844.688.371
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BAKKERIJGRONDSTOFFEN SOENENS
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LA FLEUR DU PAIN
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Ganshoren · Eq €789k
Of 511 companies in sector 10711 we hold annual accounts for 329. 196 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2013
Fiscal year end30-06
Activities, NACEBEL
10711Manufacture of food products
10712Artisanal bread and fresh pastry making
10720Manufacture of food products
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.