Patlies
ActivePatlies has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €322k and a net result of €71k. Equity is growing by ~32.8% per year across the filed fiscal years. Its solvency ranks better than 60% of 10331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+2
Solvency71▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.57 in 2024; short-term debt: 46.4% and cash: 7.7% of total assets), and 53.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
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
46.3%
Return on assets
10.3%
Age of the figures
9 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 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
76 d early
2023
78 d early
2022
81 d early
2021
72 d early
2020
67 d early
2019
63 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€322k▲ 28.5%
2024 · €250k
2018: €38k
2019: €59k
2020: €104k
2021: €119k
2022: €140k
2023: €185k
2024: €250k
2018 → 2025
Total assets
€694k▼ 6.5%
2024 · €743k
2018: €718k
2019: €686k
2020: €577k
2021: €582k
2022: €503k
2023: €583k
2024: €743k
2018 → 2025
Net result
€71k▲ 9.9%
2024 · €65k
2018: €16k
2019: €21k
2020: €45k
2021: €15k
2022: €21k
2023: €45k
2024: €65k
2018 → 2025
Working capital
€-107k▲ 37.0%
2024 · €-171k
2018: €-305k
2019: €-292k
2020: €-194k
2021: €-210k
2022: €-147k
2023: €-174k
2024: €-171k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€119k-€140k▲ 18.0%€185k▲ 32.2%€250k▲ 35.1%€322k▲ 28.5%
Operating result€30k-€46k▲ 54.9%€68k▲ 48.9%€90k▲ 32.4%€92k▲ 2.4%
Net result€15k-€21k▲ 43.0%€45k▲ 111%€65k▲ 44.0%€71k▲ 9.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €694k
Fixed assets
€480k▼ 7.4%
Current assets
€215k▼ 4.4%
Equity and liabilities €694k
Equity
€322k▲ 28.5%
Debt
€373k▼ 24.3%
The debt ratio falls from 66.3% to 53.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€180k▲
2024 · €172k
Cash flow
€159k▲
2024 · €146k
Solvency
46.3%▲
2024 · 33.7%
Current ratio
0.67▲
2024 · 0.57
Quick ratio
0.48▲
2024 · 0.43
Debt / equity
1.16▼
2024 · 1.97
ROE
22.2%▼
2024 · 26.0%
ROA
10.3%▲
2024 · 8.7%
Interest coverage
32.50▲
2024 · 19.02
Debt
€373k▼
2024 · €493k
Debt ≤ 1 year
€322k▼
2024 · €395k
Debt > 1 year
€49k▼
2024 · €96k
Income taxes
€19k▼
2024 · €19k
Staff costs
€411k▼
2024 · €422k
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€743k€694k▼
Fixed assets21/28€518k€480k▼
Tangible fixed assets22/27€515k€477k▼
Land and buildings22€6k€5k▼
Plant, machinery and equipment23€50k€55k▲
Furniture and vehicles24€747€30k▲
Other tangible fixed assets26€459k€386k▼
Financial fixed assets28€3k€3k=
Current assets29/58€225k€215k▼
Stocks and contracts in progress3€56k€60k▲
Stocks30/36€56k€60k▲
Amounts receivable within one year40/41€84k€87k▲
Trade receivables40€9k€42k▲
Other amounts receivable41€75k€44k▼
Cash at bank and in hand54/58€77k€54k▼
Deferred charges and accrued income490/1€8k€14k▲
Equity and liabilities
Total equity and liabilities10/49€743k€694k▼
Equity10/15€250k€322k▲
Contributions10/11€20k€20k=
Reserves13€230k€302k▲
Distributable reserves133€230k€302k▲
Amounts payable17/49€493k€373k▼
Amounts payable after more than one year17€96k€49k▼
Financial debts170/4€76k€49k▼
Other amounts payable178/9€20k€0▼
Amounts payable within one year42/48€395k€322k▼
Current portion of amounts payable after more than one year42€25k€27k▲
Trade debts44€271k€208k▼
Suppliers440/4€271k€208k▼
Taxes, remuneration and social security45€77k€66k▼
Taxes450/3€8k€3k▼
Remuneration and social security454/9€68k€63k▼
Other amounts payable47/48€22k€22k▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Non-recurring operating income76A-€466
Remuneration, social security and pensions62€422k€411k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€88k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€596k€594k▼
Operating profit (loss)9901€90k€92k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€9k€6k▼
Recurring financial charges65€9k€6k▼
Profit (loss) for the period before taxes9903€84k€91k▲
Income taxes67/77€19k€19k▼
Profit (loss) for the period9904€65k€71k▲
Profit (loss) for the period to be appropriated9905€65k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€71k▲
Transfer to equity691/2€65k€71k▲
To other reserves6921€65k€71k▲
Social balance
Average headcount (FTE)90870.010.6▲
The notes to these accounts (21 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
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €71k ▲9.9%
Operating result €92k, net result €71k, both a record.
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200kEq €250k ▲35.1%
7 profitable years in a row build equity to €250k.
14-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €185k ▲32.2%
6 profitable years in a row build equity to €185k.
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €15k ▼66.7%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €104k ▲75.8%
3 profitable years in a row build equity to €104k.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Geel · 2 establishment units 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.
Vaartstraat 442440 GeelGround area
2,577 m²
Building footprint
822 m²
Volume, LiDAR
4,431 m³
3 parcels, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Slagerij Vandecruys
since 20132.219.822.630
Slagerij Vandecruys
since 20182.276.480.726
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13372B0651/00E003 | Flanders | 1,176 m² | 1 · 502 m² | 10.0 m · 1 fl. |
| 13374E0609/00K002 | Flanders | 957 m² | 1 · 150 m² | 10.9 m · 2 fl. |
| 13435C0263/00B002 | Flanders | 444 m² | 1 · 169 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
2023 to 2025 · 2 entries · 647 EUR awarded · 647 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 353 EUR | 353 EUR |
| 2023 | 1 | 294 EUR | 294 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sites · 2 with a smileyGeel2.276.480.726
Mol2.219.822.630
Similar companies · same sector, comparable size
Sylla Meat
BE 0785.298.835
Oostkamp · Eq €322k
TORINO
BE 0436.833.857
Putte · Eq €322k
De Vleescentrale
BE 0416.496.224
Aartselaar · Eq €321k
ELINARD
BE 0783.463.060
Tremelo · Eq €320k
Slagerij Ceursters
BE 0646.958.227
Oud-Turnhout · Eq €320k
Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 1,198 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-04-2013
Fiscal year end31-12
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
46389Wholesale of other food products
47241Retail sale of bread and pastry (bakery outlets)
79110Travel agency activities
79120Travel agency, tour operator and other reservation service and related activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.