PATRIBO
ActiveSummary
PATRIBO has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33.75M and a net result of €2.50M. Equity is growing by ~40.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability51▼-7
Solvency97=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 9.75 against 8.05 in 2024; short-term debt: 4.1% and cash: 10.5% of total assets), and 27.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
72.2%
Return on assets
5.4%
Age of the figures
9 mo
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
57 d early
2023
33 d early
2022
59 d early
2021
37 d early
2020
11 d early
2019
37 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, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€33.75M▲ 3.4%
2024 · €32.65M
2018: €1.20M
2019: €1.24M▲ +3.0% vs 2018
2020: €757k▼ -39.0% vs 2019
2021: €400k▼ -47.1% vs 2020lowest in 8 years
2022: €25.24M▲ +6203% vs 2021
2023: €30.46M▲ +20.7% vs 2022
2024: €32.65M▲ +7.2% vs 2023
2025: €33.75M▲ +3.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€46.71M▲ 2.6%
2024 · €45.55M
2018: €1.27M
2019: €1.28M▲ +0.4% vs 2018
2020: €780k▼ -39.0% vs 2019lowest in 8 years
2021: €892k▲ +14.4% vs 2020
2022: €33.47M▲ +3654% vs 2021
2023: €42.59M▲ +27.3% vs 2022
2024: €45.55M▲ +6.9% vs 2023
2025: €46.71M▲ +2.6% vs 2024highest in 8 years
2018 → 2025
Net result
€2.50M▼ 33.8%
2024 · €3.78M
2018: €70k
2019: €37k▼ -47.8% vs 2018
2020: €17k▼ -54.1% vs 2019
2021: €-357k▼ -2230% vs 2020lowest in 8 years
2022: €24.84M▲ +7064% vs 2021highest in 8 years
2023: €6.93M▼ -72.1% vs 2022
2024: €3.78M▼ -45.4% vs 2023
2025: €2.50M▼ -33.8% vs 2024
2018 → 2025
Working capital
€16.85M▲ 8.0%
2024 · €15.61M
2018: €355k
2019: €438k▲ +23.3% vs 2018
2020: €45k▼ -89.7% vs 2019
2021: €-340k▼ -856% vs 2020lowest in 8 years
2022: €15.35M▲ +4620% vs 2021
2023: €20.24M▲ +31.9% vs 2022highest in 8 years
2024: €15.61M▼ -22.9% vs 2023
2025: €16.85M▲ +8.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€400k-€25.24M▲ 6,203%€30.46M▲ 20.7%€32.65M▲ 7.2%€33.75M▲ 3.4%
2021: €400klowest in 5 years
2022: €25.24M▲ +6203% vs 2021
2023: €30.46M▲ +20.7% vs 2022
2024: €32.65M▲ +7.2% vs 2023
2025: €33.75M▲ +3.4% vs 2024highest in 5 years
Operating result€-350k-€32.21M€7.57M▼ 76.5%€2.85M▼ 62.4%€1.41M▼ 50.6%
2021: €-350klowest in 5 years
2022: €32.21M▲ +9296% vs 2021highest in 5 years
2023: €7.57M▼ -76.5% vs 2022
2024: €2.85M▼ -62.4% vs 2023
2025: €1.41M▼ -50.6% vs 2024
Net result€-357k-€24.84M€6.93M▼ 72.1%€3.78M▼ 45.4%€2.50M▼ 33.8%
2021: €-357klowest in 5 years
2022: €24.84M▲ +7064% vs 2021highest in 5 years
2023: €6.93M▼ -72.1% vs 2022
2024: €3.78M▼ -45.4% vs 2023
2025: €2.50M▼ -33.8% vs 2024
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 fallen three years in a row; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46.71M
Fixed assets
€27.94M ▲ 0.8%
Current assets
€18.78M ▲ 5.3%
Equity and liabilities €46.71M
Equity
€33.75M ▲ 3.4%
Provisions
€11.04M ▲ 3.3%
Debt
€1.93M ▼ 13.1%
Debt's share of the balance-sheet total falls from 4.9% to 4.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
9.75▲
2024 · 8.05
Debt to equity
0.06▼
2024 · 0.07
ROE
7.4%▼
2024 · 11.6%
ROA
5.4%▼
2024 · 8.3%
Debt ≤ 1 year
€1.93M▼
2024 · €2.22M
Income taxes
€525k▼
2024 · €603k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€45.55M€46.71M▲
Fixed assets21/28€27.72M€27.94M▲
Tangible fixed assets22/27€356k€344k▼
Land and buildings22€356k€344k▼
Financial fixed assets28€27.36M€27.59M▲
Current assets29/58€17.83M€18.78M▲
Amounts receivable within one year40/41€16.77M€12.86M▼
Other amounts receivable41€16.77M€12.86M▼
Current investments50/53-€1.00M
Cash at bank and in hand54/58€1.06M€4.92M▲
Equity and liabilities
Total equity and liabilities10/49€45.55M€46.71M▲
Equity10/15€32.65M€33.75M▲
Contributions10/11€376k€376k=
Capital10€376k€376k=
Issued capital100€376k€376k=
Reserves13€32.21M€33.27M▲
Non-distributable reserves130/1€88k€88k=
Legal reserve130€88k€88k=
Tax-exempt reserves132€32.05M€33.11M▲
Distributable reserves133€70k€70k=
Profit (loss) carried forward14€58k€102k▲
Provisions and deferred taxes16€10.68M€11.04M▲
Deferred taxes168€10.68M€11.04M▲
Amounts payable17/49€2.22M€1.93M▼
Amounts payable within one year42/48€2.22M€1.93M▼
Trade debts44€13k€15k▲
Suppliers440/4€13k€15k▲
Taxes, remuneration and social security45€603k€511k▼
Taxes450/3€603k€511k▼
Other amounts payable47/48€1.60M€1.40M▼
Income statement
Code20242025
Other operating charges640/8€2k€1k▼
Gross operating margin9900€2.85M€1.41M▼
Operating profit (loss)9901€2.85M€1.41M▼
Financial income75/76B€2.26M€1.98M▼
Recurring financial income75€2.26M€1.98M▼
Financial charges65/66B€129€133▲
Recurring financial charges65€129€133▲
Profit (loss) for the period before taxes9903€5.11M€3.38M▼
Transfer to deferred taxes680€724k€353k▼
Income taxes67/77€603k€525k▼
Profit (loss) for the period9904€3.78M€2.50M▼
Transfer to tax-exempt reserves689€2.17M€1.06M▼
Profit (loss) for the period to be appropriated9905€1.61M€1.44M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.66M€1.50M▼
Profit (loss) brought forward from the previous period14P€49k€58k▲
Profit to be distributed694/7€1.60M€1.40M▼
Return on contributions (dividend)694€1.60M€1.40M▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55k | €0 | - | - | - | - |
| Other operating charges640/8 | €50k | €2k | €2k | €2k | €1k | ▼ 22.4% |
| Non-recurring operating charges66A | €220k | €0 | - | - | - | - |
| Gross operating margin9900 | €-25k | €32.21M | €7.57M | €2.85M | €1.41M | ▼ 50.6% |
| Operating profit (loss)9901 | €-350k | €32.21M | €7.57M | €2.85M | €1.41M | ▼ 50.6% |
| Financial income75/76B | €36 | €820k | €1.71M | €2.26M | €1.98M | ▼ 12.6% |
| Recurring financial income75 | €36 | €820k | €1.71M | €2.26M | €1.98M | ▼ 12.6% |
| Financial charges65/66B | €6k | €26k | €124 | €129 | €133 | ▲ 2.7% |
| Recurring financial charges65 | €6k | €26k | €124 | €129 | €133 | ▲ 2.7% |
| Profit (loss) for the period before taxes9903 | €-356k | €33.01M | €9.27M | €5.11M | €3.38M | ▼ 33.8% |
| Transfer to deferred taxes680 | - | €8.07M | €1.89M | €724k | €353k | ▼ 51.2% |
| Income taxes67/77 | €338 | €103k | €453k | €603k | €525k | ▼ 12.9% |
| Profit (loss) for the period9904 | €-357k | €24.84M | €6.93M | €3.78M | €2.50M | ▼ 33.8% |
| Transfer to tax-exempt reserves689 | - | €24.20M | €5.68M | €2.17M | €1.06M | ▼ 51.2% |
| Profit (loss) for the period to be appropriated9905 | €-357k | €640k | €1.24M | €1.61M | €1.44M | ▼ 10.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €892k | €33.47M | €42.59M | €45.55M | €46.71M | ▲ 2.6% |
| Fixed assets21/28 | €740k | €17.96M | €20.19M | €27.72M | €27.94M | ▲ 0.8% |
| Tangible fixed assets22/27 | €740k | €441k | €377k | €356k | €344k | ▼ 3.3% |
| Land and buildings22 | €740k | €441k | €377k | €356k | €344k | ▼ 3.3% |
| Plant, machinery and equipment23 | €0 | - | - | - | - | - |
| Furniture and vehicles24 | €0 | - | - | - | - | - |
| Financial fixed assets28 | - | €17.52M | €19.81M | €27.36M | €27.59M | ▲ 0.8% |
| Current assets29/58 | €152k | €15.51M | €22.40M | €17.83M | €18.78M | ▲ 5.3% |
| Amounts receivable within one year40/41 | €28k | €13.64M | €15.01M | €16.77M | €12.86M | ▼ 23.3% |
| Trade receivables40 | €28k | €18k | €0 | - | - | - |
| Other amounts receivable41 | - | €13.62M | €15.01M | €16.77M | €12.86M | ▼ 23.3% |
| Current investments50/53 | - | - | - | - | €1.00M | - |
| Cash at bank and in hand54/58 | €4k | €1.87M | €7.39M | €1.06M | €4.92M | ▲ 365% |
| Deferred charges and accrued income490/1 | €119k | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €892k | €33.47M | €42.59M | €45.55M | €46.71M | ▲ 2.6% |
| Equity10/15 | €400k | €25.24M | €30.46M | €32.65M | €33.75M | ▲ 3.4% |
| Contributions10/11 | €376k | €376k | €376k | €376k | €376k | = |
| Capital10 | €376k | €376k | €376k | €376k | €376k | = |
| Issued capital100 | €376k | €376k | €376k | €376k | €376k | = |
| Reserves13 | €158k | €24.36M | €30.04M | €32.21M | €33.27M | ▲ 3.3% |
| Non-distributable reserves130/1 | €88k | €88k | €88k | €88k | €88k | = |
| Legal reserve130 | €88k | €88k | €88k | €88k | €88k | = |
| Tax-exempt reserves132 | - | €24.20M | €29.88M | €32.05M | €33.11M | ▲ 3.3% |
| Distributable reserves133 | €70k | €70k | €70k | €70k | €70k | = |
| Profit (loss) carried forward14 | €-133k | €506k | €49k | €58k | €102k | ▲ 76.4% |
| Provisions and deferred taxes16 | - | €8.07M | €9.96M | €10.68M | €11.04M | ▲ 3.3% |
| Deferred taxes168 | - | €8.07M | €9.96M | €10.68M | €11.04M | ▲ 3.3% |
| Amounts payable17/49 | €491k | €163k | €2.16M | €2.22M | €1.93M | ▼ 13.1% |
| Amounts payable within one year42/48 | €491k | €163k | €2.16M | €2.22M | €1.93M | ▼ 13.1% |
| Trade debts44 | €5k | €59k | €9k | €13k | €15k | ▲ 17.4% |
| Suppliers440/4 | €5k | €59k | €9k | €13k | €15k | ▲ 17.4% |
| Taxes, remuneration and social security45 | €0 | €103k | €453k | €603k | €511k | ▼ 15.2% |
| Taxes450/3 | €0 | €103k | €453k | €603k | €511k | ▼ 15.2% |
| Other amounts payable47/48 | €486k | €0 | €1.70M | €1.60M | €1.40M | ▼ 12.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-357k | €24.84M | €6.93M | €3.78M | €2.50M | ▼ 33.8% |
| + Depreciation and write-downs630 | €55k | €0 | - | - | - | - |
| Operating cash flow (approximation) | €-302k | €24.84M | €6.93M | €3.78M | €2.50M | ▼ 33.8% |
| Investment in fixed assets (approximation) | - | €-17.22M | €-2.23M | €-7.53M | €-217k | ▲ 97.1% |
| Change in cash | - | €1.87M | €5.52M | €-6.33M | €3.86M | ▲ 161% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €24.84M
Net result €24.84M after one loss-making year.
31-12
Financial
Liquidity times 309current ratio 95.34
Current ratio from 0.31 to 95.34; short-term debt falls from €491k to €163k.
31-12
Financial
Equity above €25MEq €25.24M ▲6,203%
Equity rises from €400k to €25.24M.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-357k
Net result drops to €-357k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Brugge · 1 establishment unit since 1986
Ground area
167 m²
Building footprint
167 m²
Volume, LiDAR
1,759 m³
Parcel 31805E1197/00R000, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
18
companies at this address
See who is registered here
1 establishment unit
Sint-Jakobsstraat 70, 8000 Brugge
since 19862.219.076.720
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E1197/00R000 ProtectedMonument · Townscape or village viewHerenhuis Hof de Gros: herenhuis met bijgebouwenSource ↗ |
Flanders | 167 m² | 1 · 167 m² | 13.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPublic limited company
Founded22-12-1986
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.