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PatriBree

Bankruptcy closed
Public limited companyfounded 2020Steenweg op Turnhout 106, 2360 Oud-Turnhout, BelgiumKBO/BCE: BE 0751.511.656

Inactive since 13-05-2026; last annual accounts for fiscal year 2021.

Summary

PatriBree was declared bankrupt on 18-07-2023 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed by liquidation by judgment of 05-05-2026, published in the Belgian State Gazette on 11-05-2026.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 11-05-2026. The registration has since been removed from the register.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-07-2022, 5 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2021
5 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2021 accounts 5 days before the deadline; the sector median for financial year 2021 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PatriBree was incorporated on 27 July 2020 as a Public limited company.1 The company has filed annual accounts once, for fiscal year 2021.2 On 18 July 2023 the company was declared bankrupt; the bankruptcy was closed on 5 May 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021
  3. 3Belgian State Gazette, 25-07-2023
  4. 4Belgian State Gazette, 11-05-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, abbreviated schema

Equity
-€649,651
Total assets
€555,830
Net result
-€711,651
Working capital
-€1.1m

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €555,830
Fixed assets €426,168
Current assets €129,662
Key figures and ratios
2021 value
EBITDA
-€611,360
Cash flow
-€637,106
Solvency
-116.9%
Current ratio
0.11
Debt to equity
-1.86
ROA
-128.0%
Interest coverage
-23.73
Debt
€1.2m
Debt ≤ 1 year
€1.2m
Staff costs
€317,817
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 42 lines
Balance sheet Code2021
Assets
Total assets20/58€555,830
Fixed assets21/28€426,168
Intangible fixed assets21€24,244
Tangible fixed assets22/27€401,924
Land and buildings22€28,472
Plant, machinery and equipment23€104,745
Furniture and vehicles24€268,707
Current assets29/58€129,662
Amounts receivable within one year40/41€60,083
Trade receivables40€51,852
Other amounts receivable41€8,231
Cash at bank and in hand54/58€42,125
Deferred charges and accrued income490/1€27,454
Equity and liabilities
Total equity and liabilities10/49€555,830
Equity10/15-€649,651
Contributions10/11€62,000
Capital10€62,000
Issued capital100€62,000
Profit (loss) carried forward14-€711,651
Amounts payable17/49€1.2m
Amounts payable within one year42/48€1.2m
Trade debts44€204,995
Suppliers440/4€204,995
Taxes, remuneration and social security45€68,678
Taxes450/3€1,724
Remuneration and social security454/9€66,954
Other amounts payable47/48€931,808
Income statement Code2021
Remuneration, social security and pensions62€317,817
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74,546
Other operating charges640/8€1,771
Non-recurring operating charges66A€65,605
Gross operating margin9900-€226,167
Operating profit (loss)9901-€685,906
Financial income75/76B€13
Recurring financial income75€13
Financial charges65/66B€25,758
Recurring financial charges65€25,758
Profit (loss) for the period before taxes9903-€711,651
Profit (loss) for the period9904-€711,651
Profit (loss) for the period to be appropriated9905-€711,651
Appropriation of the result
Profit (loss) to be appropriated9906-€711,651
Social balance
Average headcount (FTE)90876.7

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021
Remuneration, social security and pensions62€317,817
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74,546
Other operating charges640/8€1,771
Non-recurring operating charges66A€65,605
Gross operating margin9900-€226,167
Operating profit (loss)9901-€685,906
Financial income75/76B€13
Recurring financial income75€13
Financial charges65/66B€25,758
Recurring financial charges65€25,758
Profit (loss) for the period before taxes9903-€711,651
Profit (loss) for the period9904-€711,651
Profit (loss) for the period to be appropriated9905-€711,651
Line2021
Assets
Total assets20/58€555,830
Fixed assets21/28€426,168
Intangible fixed assets21€24,244
Tangible fixed assets22/27€401,924
Land and buildings22€28,472
Plant, machinery and equipment23€104,745
Furniture and vehicles24€268,707
Current assets29/58€129,662
Amounts receivable within one year40/41€60,083
Trade receivables40€51,852
Other amounts receivable41€8,231
Cash at bank and in hand54/58€42,125
Deferred charges and accrued income490/1€27,454
Equity and liabilities
Total equity and liabilities10/49€555,830
Equity10/15-€649,651
Contributions10/11€62,000
Capital10€62,000
Issued capital100€62,000
Profit (loss) carried forward14-€711,651
Amounts payable17/49€1.2m
Amounts payable within one year42/48€1.2m
Trade debts44€204,995
Suppliers440/4€204,995
Taxes, remuneration and social security45€68,678
Taxes450/3€1,724
Remuneration and social security454/9€66,954
Other amounts payable47/48€931,808
Line2021
Profit (loss) for the period9904-€711,651
+ Depreciation and write-downs630€74,546
Operating cash flow (approximation)-€637,106

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
11-05
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 05-05-2026
2023
25-07
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 18-07-2023
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Oud-Turnhout
exact location from the address register On OpenStreetMap
Ground area
1,274 m²
Building footprint
349 m²
Volume, LiDAR
2,464 m³
Parcel 13031C0822/00Y000, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13031C0822/00Y000 Flanders 1,274 m² 1 · 349 m² 11.0 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.

Insolvency mandates

3 mandates
Role Name Tenure
Curator JEAN DE CHAFFOY
DE MERODELEI 37, 2300 TURN- HOUT
18-07-2023 → 05-05-2026
Curator LUC PLESSERS
DE MERO- DELEI 37, 2300 TURNHOUT
18-07-2023 → 05-05-2026
Curator CARO- LINE DE LEPELEIRE
DE MERODELEI 37, 2300 TURNHOUT-
18-07-2023 → 05-05-2026

Structure & network

Part of the group Blue Zones 12 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. Blue Zones 100%
  2. VIVIDIA 100%
  3. PatriBree

Highest known parent: Blue Zones. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2021 list no holdings, and no other source names one.

According to the 2021 annual accounts of PatriBree and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 5 entries · 12,586 EUR awarded · 12,586 EUR paid
Year Entries awardedpaid
2023 2 6,003 EUR6,003 EUR
2022 3 6,583 EUR6,583 EUR
Schemes
2 entries · 8,417 EUR · 8,417 EUR paid · Fonds Jongerenwelzijn
2 entries · 3,284 EUR · 3,284 EUR paid · Departement Werk en Sociale Economie
1 entry · 885 EUR · 885 EUR paid · Fonds Jongerenwelzijn

Similar companies · same sector, comparable size

Of 2,393 companies in sector 55100 we hold annual accounts for 1,517. 604 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded27-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
55203Holiday cottages, homes and apartments
55209Other holiday and short-stay accommodation
68203Renting and operating of own or leased non-residential real estate, excluding land
82990Other business support services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.