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PATEL

Active
Private limited companyfounded 2021active for 5 yearsLeuvensesteenweg 631-633, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0765.406.907

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of PATEL is 2.2% (moderate). The 2025 annual accounts show equity of €19,665 and a net result of €21,064. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 15% of 12,757 sector peers (NACE 47, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 19-03-2021 Normal situation
Activity
Other retail sale of food NACE 47279and 9 others
Establishment unit
2.346.800.578 1030 Schaarbeek, since 12-07-2023
Financial year end
31 December
Peppol
Reachable since 24-11-2025

Board and ownership

Board
  • Patel DipkumarDirector
  • Patel RushanibenDirector

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Annual accounts 2025
Gross margin
€117,159
▼ 16.5%
Turnover
≈ €570,000
estimated
Profit
€21,064
▼ 57.6%
Equity
€19,665
Total assets
€589,662
▼ 22.6%
Staff
1 FTE
▲ 25.0%
Filed on 27-08-2026, 27 days after the deadlineat the National Bank
Score breakdownraises riskFounded in 2021Equity €19,665 (3.3% of total assets)1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 01-09-2026)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 50% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 28+3
equity 3.3% of total assets
Liquidity 44+15
short-term debt 56.3% · cash 18.3%
Profitability 52-5
return on assets 3.6%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 9.9% 12-2024: 10.7%▲ +0.8 percentage points vs 11-2024highest value 01-2025: 10.7%● unchanged vs 12-2024highest value 02-2025: 10.7%● unchanged vs 01-2025highest value 03-2025: 10.6%▼ -0.1 percentage points vs 02-2025 04-2025: 10.6%● unchanged vs 03-2025 05-2025: 10.6%● unchanged vs 04-2025 06-2025: 10.6%● unchanged vs 05-2025 07-2025: 1.3%▼ -9.3 percentage points vs 06-2025lowest value 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.4%▲ +0.1 percentage points vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.5%▲ +0.1 percentage points vs 03-2026 05-2026: 3.0%▲ +1.5 percentage points vs 04-2026 06-2026: 3.3%▲ +0.3 percentage points vs 05-2026 07-2026: 3.6%▲ +0.3 percentage points vs 06-2026 08-2026: 4.2%▲ +0.6 percentage points vs 07-2026 09-2026: 2.2%▼ -2.0 percentage points vs 08-2026 10-2026: 2.2%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.94 (0.92 in 2024), below 1. Short-term debt is 56.3% and cash 18.3% of total assets. 96.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 21% of them on solvency, 42% on liquidity, 38% on profitability and 99% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €19,665 (3.3% of total assets)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 01-09-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 12757 sector peers (2025).
NBB · sector comparison
Position among 12757 sector peers
Solvency
better than 15%
← weakest strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
27 days late
2024
50 days early
2023
315 days late
2022
681 days late
2021
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 213 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 October (4 of the last 5 accounts filed within 224 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 84% of companies in retail tradesector median 36.6% · 12,757 companies 3.3% View

Comparable companies

These companies have the same main activity as PATEL: other retail sale of food (NACE 47279). They are comparable in size and age: total assets between €333,000 and €747,000, founded between 2016 and 2022.

CompanyTotal assetsGross margin
PATEL Schaarbeek€589,662€117,159
Chez Dan & Co Jemeppe-sur-Sambre€696,201€146,710
TRUONG SON Kortrijk€727,743€232,023
CAMUZEO Ukkel€747,342€70,115
TRAITEUR RANST BV Ranst€574,185€57,716
KAZART Mol€445,323€161,687
ITALIAMORE Sint-Niklaas€333,155€62,293
Full comparison

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about PATEL

What is the company number of PATEL?
The company number of PATEL is 0765.406.907. The VAT number is the same number with BE in front: BE 0765.406.907.
Where is PATEL based?
The registered office is at Leuvensesteenweg 631-633, 1030 Schaarbeek.Company details
What does PATEL do?
According to the KBO register, the main activity is other retail sale of food (NACE 47279).
What is the legal form of PATEL?
The legal form of PATEL is Private limited company (BV).
When was PATEL founded?
PATEL was founded on 19-03-2021.
Is PATEL still active?
Yes, PATEL is an active enterprise in the KBO register.
How many employees does PATEL have?
PATEL had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PATEL?
The turnover in financial year 2025 is ≈ €570,000. This figure is estimated from the gross margin of €117,159 and 30 comparable companies (NACE 472). It probably lies between €320,000 and €930,000.
Is PATEL profitable?
In financial year 2025, PATEL made a profit of €21,064.
Where can I find the annual accounts of PATEL?
PATEL filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of PATEL due?
PATEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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