PATIN
ActiveSummary
PATIN has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €7k. Equity is shrinking by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 4603 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-4
Solvency67▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.06 in 2024; short-term debt: 57.4% and cash: 83.5% of total assets), but 58.4% of the assets are financed with debt.
Credit check 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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
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
41.6%
Return on assets
9.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18192021232425
2018 to 2025 · latest year €33k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
6 d early
2023
30 d late
2021
34 d early
2020
9 d late
2019
42 d late
2018
26 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€44k
EBIT margin
-5.7%
Net result
€7k▼ 9.1%
2024 · €8k
2018: €-2k
2019: €-257
2020: €-12k
2021: €-19k
2023: €-3k
2024: €8k
2018 → 2025
Working capital
€26k▲ 1,042%
2024 · €2k
2018: €66k
2019: €63k
2020: €-9k
2021: €-17k
2023: €-8k
2024: €2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Turnover€44k
Equity€50k-€31k▼ 37.9%€17k▼ 44.9%€25k▲ 47.4%€33k▲ 29.2%
Operating result€-11k-€-22k▼ 98.2%€-3k▲ 88.5%€8k€11k▲ 37.3%
Net result€-12k-€-19k▼ 62.3%€-3k▲ 86.5%€8k€7k▼ 9.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€8k ▼ 65.5%
Current assets
€71k ▲ 80.8%
Equity and liabilities €79k
Equity
€33k ▲ 29.2%
Debt
€46k ▲ 24.6%
Debt's share of the balance-sheet total falls from 59.3% to 58.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27k▲
2024 · €23k
Cash flow
€23k▼
2024 · €23k
Current ratio
1.56▲
2024 · 1.06
Debt to equity
1.40▼
2024 · 1.46
ROE
22.6%▼
2024 · 32.1%
ROA
9.4%▼
2024 · 13.1%
Interest coverage
477.33▲
2024 · 398.98
Debt ≤ 1 year
€45k▲
2024 · €37k
Income taxes
€4k
Staff costs
€81k▲
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€63k€79k▲
Fixed assets21/28€23k€8k▼
Tangible fixed assets22/27€23k€8k▼
Furniture and vehicles24€23k€8k▼
Financial fixed assets28€50€263▲
Current assets29/58€39k€71k▲
Amounts receivable within one year40/41€11k€5k▼
Trade receivables40€8k-
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€29k€66k▲
Equity and liabilities
Total equity and liabilities10/49€63k€79k▲
Equity10/15€25k€33k▲
Contributions10/11€11k€11k=
Profit (loss) carried forward14€14k€22k▲
Amounts payable17/49€37k€46k▲
Amounts payable within one year42/48€37k€45k▲
Trade debts44€2k€11k▲
Suppliers440/4€2k€11k▲
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€3k€33k▲
Taxes450/3-€6k
Remuneration and social security454/9€3k€27k▲
Other amounts payable47/48€30k€935▼
Accrued charges and deferred income492/3-€750
Income statement
Code20242025
Remuneration, social security and pensions62€15k€81k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€39k€112k▲
Operating profit (loss)9901€8k€11k▲
Financial charges65/66B€59€56▼
Recurring financial charges65€59€56▼
Profit (loss) for the period before taxes9903€8k€11k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€8k€7k▼
Profit (loss) for the period to be appropriated9905€8k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€22k▲
Profit (loss) brought forward from the previous period14P€6k€14k▲
The notes to these accounts (6 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
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after 5 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 1993
Ground area
759 m²
Building footprint
565 m²
Volume, LiDAR
11,874 m³
2 parcels, Brussels · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
466
companies at this address
See who is registered here
1 establishment unit
Kerckxstraat 46, 1050 Elsene
since 19932.062.305.023
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1778/00D000 | Brussels | 670 m² | 1 · 488 m² | 27.7 m · 8 fl. |
| 21443A0104/02H002 | Brussels | 88 m² | 1 · 76 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
BCH Group
BE 0742.500.950
Sint-Jans-Molenbeek · Eq €32,879
DE ELITE
BE 1012.117.695
Beringen · Eq €32,842
CCCM srl
BE 0729.774.550
Malmedy · Eq €32,957
HANI
BE 0444.706.297
Vorst · Eq €32,823
KHAYI
BE 0726.881.079
Sint-Jans-Molenbeek · Eq €32,814
Of 6,685 companies in sector 49330 we hold annual accounts for 2,296. 1,960 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-02-1993
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.