Turnover
≈ €6,100 estimated
The micro format states no turnover.
PatentDecoder
Overview
Lifetime
1 annual account with figuresGross marginpeak €1,142 (2025)
€1,142
Resultpeak €761 (2025)
€761
Equitypeak €3,761 (2025)
€3,761
Debts
€6,315
Board1 name since 2025
1 directorSHAHIN Mahmoud
Documentsfilings and deeds
23-03-2026130 days before the deadline
2025micro format
Incorporation 20-111 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€3,000 100 shares
Position in the sector
€3,761
Less equity than 83% of companies in office administrative support. Sector median €53,971 · 9,694 companies.
Too young for a bankruptcy probability
Checked score
62
Healthy
Without a bankruptcy probability, the score rests on the figures alone.
Bankruptcy probability within 12 months
The company is less than 12 months old. Its public track record is still too short for a reliable bankruptcy probability.
Financial strengthStrong
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises riskneutral
raises risk · Young company
Founded in 2025, less than a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 23-03-2026, 130 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
130 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Incorporation
Founding capital of €3,000, 100 shares · Founder: SHAHIN Mahmoud · Appointment: SHAHIN Mahmoud (director) · published on 20-11-2025 · Gazette deed
First establishment
Onafhankelijkheidslaan 43, Ghent
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| PatentDecoder Ghent | €10,076 | €1,142 | 37.3% | - |
| DECONBOT Zele | €9,918 | -€4,352 | -3.9% | - |
| Azaral Consulting Rumst | €13,305 | -€1,602 | -13.7% | - |
| SKALIA Liège | €8,300 | -€12,121 | -23.4% | - |
| Augadice Spa | €14,049 | -€3,279 | -12.9% | - |
| CSeri Consulting Bruges | €14,478 | €1,234 | 32.3% | - |
| GBPConsulting Antwerp | €5,867 | €76 | 23.7% | - |
These companies have the same main activity as PatentDecoder: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €5,870 and €14,500, founded between 2025 and 2026.
Official details
Source: KBO- Status
- Active since 18-11-2025Normal situation
- Activity
- Office administrative and support servicesNACE 82100and 1 other
- Establishment unit
- 2.381.543.4069000 Ghent, since 18-11-2025
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- Gross margin
- €1,142
- Profit
- €761
- Equity
- €3,761
- Total assets
- €10,076
- Filing
- Filed on 23-03-2026, 130 days before the end of the filing period
Insights on PatentDecoder
PatentDecoder is less than twelve months old. There is no public track record yet to compute a bankruptcy probability from. The 2025 annual accounts show equity of €3,761 and a net result of €761.
Its solvency ranks better than 40% of 9,682 sector peers (NACE 82, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 23-03-2026, 130 days before the deadlineGross margin
€1,142
Operating result
€1,104
Profit
€761
Working capital
€2,712
Solvency
37.3%
Current ratio
1.43
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €6,100. Estimated: probably between €3,600 and €11,000.
Balance sheet
balance sheet total €10,076 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
Solvency37.3%
Higher than 40% of 9,682 companies in 2025.
Current ratio1.43
Higher than 40% of 9,302 companies in 2025.
Return on assets7.6%
Higher than 42% of 9,426 companies in 2025.
PatentDecoder
Middle half of the sector
80% of the sector
Micro accounts in office administrative support (NACE 82)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
Total assets20/58 |
10,076 | |
Fixed assets21/28 |
1,049 | |
Tangible fixed assets22/27 |
1,049 | |
Plant, machinery and equipment23 |
1,049 | |
Current assets29/58 |
9,027 | |
Amounts receivable within one year40/41 |
3,619 | |
Trade receivables40 |
2,928 | |
Other amounts receivable41 |
691 | |
Cash at bank and in hand54/58 |
5,408 | |
| Balance sheet: equity and liabilities | ||
Total equity and liabilities10/49 |
10,076 | |
Equity10/15 |
3,761 | |
Contributions10/11 |
3,000 | |
Reserves13 |
761 | |
Distributable reserves133 |
761 | |
Amounts payable17/49 |
6,315 | |
Amounts payable within one year42/48 |
6,315 | |
Taxes, remuneration and social security45 |
343 | |
Taxes450/3 |
343 | |
Other amounts payable47/48 |
5,972 | |
| Income statement | ||
Gross operating margin9900 |
1,142 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
38 | |
Operating profit (loss)9901 |
1,104 | |
Profit (loss) for the period before taxes9903 |
1,104 | |
Income taxes67/77 |
343 | |
Profit (loss) for the period9904 |
761 | |
Profit (loss) for the period to be appropriated9905 |
761 | |
| Appropriation of the result | ||
Profit (loss) to be appropriated9906 |
761 | |
Transfer to equity691/2 |
761 | |
To other reserves6921 |
761 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 23-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-03-2026 | 2026-00063616 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| EBITDA | 1,142 | |
| Cash flow | 799 | |
| Investment in fixed assets | 1,086 | |
| Working capital | 2,712 | |
| Solvency | 37.3% | |
| Current ratio | 1.43 | |
| Debt to equity | 1.68 | |
| ROE | 20.2% | |
| ROA | 7.6% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,086 |
| Depreciation and write-downs of the year | €38 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on PatentDecoder
Debt's share of the balance-sheet total is 62.7%.
Board & ownership
Board
1 director, since incorporationDirector
since 18-11-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 23-03-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 20-11-2025
Mandates through the years
1 name, the dashed line is todayControl
Founder
SHAHIN Mahmoud
This company
PatentDecoder
Equity €3,761
Profit €761 in 2025
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €37.61 in 2025
- Source
- deed of 20-11-2025
Articles of association
deed of 20-11-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00
Shareholders
At incorporation
deed of 20-11-2025 ↗
- SHAHIN Mahmoud 100 shares (100%) · €3,000 in cash
Network & group
No group
PatentDecoder has no parent and no holdings in its annual accounts. SHAHIN Mahmoud is the only director. PatentDecoder shares no director with another company.
Timeline
Timeline
3 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed PDFmicro format · 130 days before the deadline
2025
IncorporationFounding capital of €3,000, 100 shares · Founder: SHAHIN Mahmoud · Appointment: SHAHIN Mahmoud (director) · published on 20-11-20255 points ▸
- Founder, SHAHIN Mahmoud
- Registered office clause, Onafhankelijkheidslaan 43, 9000 Gent
- Board rule, 1
- Director appointment, SHAHIN Mahmoud
- Founding capital, €3,000, 100 shares
- The deed holds 2 more points.
First establishment Onafhankelijkheidslaan 43, Ghent
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1030.512.261
- VAT number
- BE 1030.512.261
- Peppol ID
- 0208:1030512261
- Other Peppol ID
- 9925:BE1030512261
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-11-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00deed of 20-11-2025 (in Dutch)
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- PatentDecoder in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-11-2025 (in Dutch)
Activities
NACEBEL 2025VAT activities
82100
Office administrative and support services main activity
Social security (RSZ) activities
73300
Public relations and communication consultancy main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Hetaanleggen,hetbemiddelenbijaankoop,verkoopenverhuur,hetoordeelkundiguitbouwenenbeheerenvaneenonroerendvermogen;alleverrichtingenmetbetrekk…”deed of 20-11-2025 (in Dutch)
11 activities
- Hetaanleggen,hetbemiddelenbijaankoop,verkoopenverhuur,hetoordeelkundiguitbouwenenbeheerenvaneenonroerendvermogen;alleverrichtingenmetbetrekkingtotonroerende goederenononroerendezakelijkerechtenzoalsdehuurfinancieringvanonroerende goederenadnderden,hetaankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecterenuitbatenvanonroerendegoederen;deaan-en verkoop,huurenverhuurvanroerendegoederen,alsmedeallehandelingendierechtstreeksofonrechtstreeksmetditvoorwerpinverbandstaanendie vandaardz ijndeopbrengstvanderoerendeenonroerendegoederente bevorderen,alsmedezichborgtestellenvoorhetgoede verloopvanverbintenissendoorderdepersonenaangegaandiehetgenotzoudenhebbenvandez eroerendeenonroerendegoederen.
- Hetaanleggen,hetoordeelkundiguitbouwenenbeheerenvaneenroerendpatrimonium,alleverrichtingenmetbetrekkingtot roerendegoederen enrechten,vanwelkeaardook,zoalshetverwervendoorinschrijvingofaankoophetbeherenvanaandelen,obligaties,kasbonsofandereroerendewaarden,vanwelkevormook,vanBelgischeofbuitenlandse,bestaandeofnogop terichtenrechtspersonenenondernemingen.
- Geenszinsaanvermogensbeheerofbeleggingsadviesdoenalsbedoeld indeWettenenKoninklijkeBesluitenterzake
- Zichdienteteonthoudenvanwerkzaamhedendieonderworpenzijn aanreglementairebepalingenvoorzoverdevennootschapzelfnietaandez ebepalingen voldoet
- Adviesverleneninzakedefbescherming,exploitatieenvalorisatievanuitvindingenenandereintellectueleeigendomsrechten;
- Specifiekjuridischeenadministratievebijstandverlenenbijdeaanvraag,registratie,opvolgingenverdedigingvanoctrooien,zowelinBelgiëalsinhetbuitenland;
- Ondernemingenenonderzoekersbegeleidenbijdeontwikkelingvaneenoctrooistrategie,technologieoverdrachtenlicentie-onderhandelingen;
- Opleidingen,seminariesenworkshopsorganiserenrondoctrooien,intellectueleeigendom,innovatieenaanverwantethema’s;
- Management-enbedrijfsadviesverleneninzakeinnovatiebeheer,onderzoekenontwikkeling,enstrategischgebruikvanintellectueleeigendom.
- Devennootschapmagalleverrichtingenvancommerciële,industriële,onroerende,roerendeoffinanciëleaarddierechtstreeksofonrechtstreeks methaarvoorwerpverwantofverknochtzijnofd everwezenlijkingervankunnenbevorderen.
- Devennootschapmagbetrokkenzijnbijwijzevan inbreng,samensmelting,inschrijvingofopeenanderewijze,indeondernemingen,verenigingen ofvennootschappen,dieeng elijkaardig,soortgelij kofsamenhangend voorwerphebbenofd ienuttigzijnvoordeverwezenlijkingvanhetgeheelofeengedeeltevan haarvoorwerp.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Onafhankelijkheidslaan 43 registered office 9000 Ghent | 18-11-2025 | 2.381.543.406 |
Buildings and parcels at the address
- Ground area
- 340 m²
- Buildings
- 195 m²
- Volume, LiDAR
- 3,164 m³
- Tallest building
- 18.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44808H0094/00X000 | 340 m² | 1 · 195 m² | 18.0 m · 5 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.