Equity
€7,801 from €80,031 in 2024
Equity fell by 90% in 2 years.
PATCHENCO
Lifetime
19 annual accounts with figures on one time axispeak €43,825 (2024)
-€24,577▲ €3,653
lowest -€40,115 (2025)
-€32,115▲ €8,001
peak €80,031 (2024)
€7,801▼ 80.5%
€29,789▲ 57.9%
Board1 name since 2007
1 director
Documentsfilings and deeds
26-10-20265 days before the deadline
2026micro format
Gross margin from -€28,231 to -€24,577Loss of €32,115Share issue 14-08Equity from €39,916 to €7,801Debts from €18,865 to €29,789Investments €12,354
Key points
from the 2026 annual accountsLosses
-€72,230 in two years
The 2025 and 2026 financial years closed with a loss. 2025 was the heaviest.
Debts
€29,789 79% of the balance sheet
Suppliers 21%Taxes and wages 12%Other 67%
Investments
€12,354 3.1 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.83 was 2.88 in 2025
Short-term debts rose from €18,865 to €29,789.
Position in the sector
-€32,115
Lower net result than 94% of companies in advertising and market research. Sector median €16,663 · 291 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,294 companies had the same profile as PATCHENCO has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,294 companies, not a prediction for PATCHENCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Share issue
Issue of 667 shares · holds 667 shares · General meeting of 02-07-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0888154962
Registered office moved to Lasne
New registered office: chaussée de Louvain 557 bte 2, 1380 Lasne · Gazette deed
Incorporation
published on 26-03-2007 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PATCHENCO Lasne | €37,590 | -€24,577 | 20.8% | - |
| DUCOCARRE Waterloo | €36,007 | -€14,004 | -95.5% | - |
| NEXTIS Tervuren | €38,272 | -€18,850 | -490.8% | - |
| KP PROJECTS Mechelen | €38,548 | -€5,695 | 95.3% | - |
| EgoMarketing Uccle | €35,848 | -€5,377 | -459.3% | - |
| Digavo-Van de Wal Leuven | €39,340 | -€3,854 | -136.2% | - |
| todayisnottomorrow Antwerp | €42,630 | -€6,918 | 53.9% | - |
These companies have the same main activity as PATCHENCO: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €35,800 and €42,600, founded between 2005 and 2008.
Official details
Source: KBO- Status
- Active since 22-03-2007Normal situation
- Activity
- Advertising agenciesNACE 73110and 5 others
- Establishment unit
- 2.162.420.5051330 Rixensart, since 21-03-2007
- Financial year end
- 31 March
- Peppol
- Reachable since 29-12-2025
Annual accounts to 31-03-2026
- €37,590▼ 36.1%
- Filing
- Filed on 26-10-2026, 5 days before the end of the filing period
Insights on PATCHENCO
PATCHENCO files the micro format. That format states no turnover. The gross margin fell from €8,278 in 2008 to -€24,577 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PATCHENCO
- What is the company number of PATCHENCO?
- The company number of PATCHENCO is 0888.154.962. The VAT number is the same number with BE in front: BE 0888.154.962.
- Where is PATCHENCO based?
- The registered office is at Chaussée de Louvain 557, 1380 Lasne.Company details
- What does PATCHENCO do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of PATCHENCO?
- PATCHENCO is a private limited company (BV).
- When was PATCHENCO founded?
- PATCHENCO was founded on 22-03-2007.
- Is PATCHENCO still active?
- Yes, PATCHENCO is an active enterprise in the KBO register.
- What is the turnover of PATCHENCO?
- The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
- Is PATCHENCO profitable?
- In financial year 2026, PATCHENCO made a loss of €32,115.
- Where can I find the annual accounts of PATCHENCO?
- PATCHENCO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of PATCHENCO due?
- PATCHENCO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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