PATRICK BLOMMAERT
ActiveSummary
PATRICK BLOMMAERT has been active since 1996 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show equity of €208,940 and a net result of -€24,215. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 94% of 2439 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability5▼-69
Solvency100=
Growth35=
Track record92
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 13.04 against 10.93 in 2023; short-term debt: 7.6% and cash: 45.4% of total assets), and 7.6% of the assets are financed with debt.
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Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
92.4%
Return on assets
-10.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
85 d late
2022
29 d late
2021
12 d late
2020
23 d late
2019
14 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€90,263▼ 13.6%
2018 · €104,526
EBIT margin
8.0%▼ 16.6pp
2018 · 24.7%
Net result
-€24,215
2023 · €11,030
Working capital
€206,940▼ 10.4%
2023 · €230,905
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€35,249▲ 386%-€7,759€6,836€11,162▲ 63.3%-€25,274
Net result€41,976above the sector's middle half▲ 484%-€7,894below the sector's middle half€8,790within the sector's middle half€11,030within the sector's middle half▲ 25.5%-€24,215below the sector's middle half
EBIT margin
Equity€221,229above the sector's middle half▲ 23.4%€213,335above the sector's middle half▼ 3.6%€222,125above the sector's middle half▲ 4.1%€233,155above the sector's middle half▲ 5.0%€208,940above the sector's middle half▼ 10.4%
Total assets€267,354within the sector's middle half▲ 18.6%€257,106within the sector's middle half▼ 3.8%€250,894within the sector's middle half▼ 2.4%€256,418within the sector's middle half▲ 2.2%€226,126within the sector's middle half▼ 11.8%
Debt€46,125▲ 0.1%€43,771▼ 5.1%€28,769▼ 34.3%€23,263▼ 19.1%€17,186▼ 26.1%
Working capital€220,528above the sector's middle half▲ 23.7%€212,868above the sector's middle half▼ 3.5%€221,891above the sector's middle half▲ 4.2%€230,905above the sector's middle half▲ 4.1%€206,940above the sector's middle half▼ 10.4%
Solvency82.7%above the sector's middle half▲ 3.2pp83.0%above the sector's middle half▲ 0.2pp88.5%above the sector's middle half▲ 5.6pp90.9%above the sector's middle half▲ 2.4pp92.4%above the sector's middle half▲ 1.5pp
Current ratio5.78above the sector's middle half▲ 0.915.86above the sector's middle half▲ 0.088.71above the sector's middle half▲ 2.8510.93above the sector's middle half▲ 2.2113.04above the sector's middle half▲ 2.12
Return on assets (ROA)15.7%above the sector's middle half▲ 12.5pp-3.1%below the sector's middle half▼ 18.8pp3.5%within the sector's middle half▲ 6.6pp4.3%within the sector's middle half▲ 0.8pp-10.7%below the sector's middle half▼ 15.0pp
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
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 turns negative in 2024: a loss of €25,274 after €11,162 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €226,126
Fixed assets
€2,000 ▼ 11.1%
Current assets
€224,126 ▼ 11.8%
Equity and liabilities €226,126
Equity
€208,940 ▼ 10.4%
Debt
€17,186 ▼ 26.1%
Debt's share of the balance-sheet total falls from 9.1% to 7.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€25,024▼
2023 · €11,646
Cash flow
-€23,965▼
2023 · €11,514
Quick ratio
7.06▲
2023 · 6.51
Debt to equity
0.08▼
2023 · 0.10
ROE
-11.6%▼
2023 · 4.7%
Interest coverage
-174.99▼
2023 · 50.20
Debt ≤ 1 year
€17,186▼
2023 · €23,263
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,836 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €234 | €234 | €234 | €484 | €250 | ▼ 48.3% |
| Gross operating margin9900 | €35,483 | -€7,525 | €7,070 | €11,646 | -€25,024 | ▼ 315% |
| Operating profit (loss)9901 | €35,249 | -€7,759 | €6,836 | €11,162 | -€25,274 | ▼ 326% |
| Financial income75/76B | - | - | €2,085 | €100 | €1,202 | ▲ 1,102% |
| Recurring financial income75 | - | - | €2,085 | €100 | €1,202 | ▲ 1,102% |
| Financial charges65/66B | - | €135 | €131 | €232 | €143 | ▼ 38.4% |
| Recurring financial charges65 | €153 | €135 | €131 | €232 | €143 | ▼ 38.4% |
| Profit (loss) for the period before taxes9903 | €41,976 | -€7,894 | €8,790 | €11,030 | -€24,215 | ▼ 320% |
| Profit (loss) for the period9904 | €41,976 | -€7,894 | €8,790 | €11,030 | -€24,215 | ▼ 320% |
| Profit (loss) for the period to be appropriated9905 | €41,976 | -€7,894 | €8,790 | €11,030 | -€24,215 | ▼ 320% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €267,354 | €257,106 | €250,894 | €256,418 | €226,126 | ▼ 11.8% |
| Fixed assets21/28 | €701 | €467 | €234 | €2,250 | €2,000 | ▼ 11.1% |
| Tangible fixed assets22/27 | €701 | €467 | €234 | €2,250 | €2,000 | ▼ 11.1% |
| Plant, machinery and equipment23 | - | €467 | €234 | - | - | - |
| Other tangible fixed assets26 | - | - | - | €2,250 | €2,000 | ▼ 11.1% |
| Current assets29/58 | €266,653 | €256,639 | €250,660 | €254,168 | €224,126 | ▼ 11.8% |
| Stocks and contracts in progress3 | €126,117 | €102,728 | €102,728 | €102,728 | €102,728 | = |
| Stocks30/36 | - | €102,728 | €102,728 | €102,728 | €102,728 | = |
| Amounts receivable within one year40/41 | €10,303 | €18,392 | €6,443 | €24,538 | €18,848 | ▼ 23.2% |
| Trade receivables40 | - | €11,092 | €3,000 | €19,561 | €9,348 | ▼ 52.2% |
| Other amounts receivable41 | - | €7,300 | €3,443 | €4,977 | €9,500 | ▲ 90.9% |
| Cash at bank and in hand54/58 | €130,233 | €135,519 | €141,489 | €126,902 | €102,550 | ▼ 19.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €267,354 | €257,106 | €250,894 | €256,418 | €226,126 | ▼ 11.8% |
| Equity10/15 | €221,229 | €213,335 | €222,125 | €233,155 | €208,940 | ▼ 10.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €181,400 | €181,400 | €181,400 | €181,400 | €181,400 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €179,540 | €179,540 | €179,540 | €179,540 | = |
| Profit (loss) carried forward14 | €21,229 | €13,335 | €22,125 | €33,155 | €8,940 | ▼ 73.0% |
| Amounts payable17/49 | €46,125 | €43,771 | €28,769 | €23,263 | €17,186 | ▼ 26.1% |
| Amounts payable within one year42/48 | €46,125 | €43,771 | €28,769 | €23,263 | €17,186 | ▼ 26.1% |
| Trade debts44 | €35,920 | €43,270 | €28,510 | €23,004 | €16,268 | ▼ 29.3% |
| Suppliers440/4 | - | €43,270 | €28,510 | €23,004 | €16,268 | ▼ 29.3% |
| Taxes, remuneration and social security45 | - | €297 | - | - | - | - |
| Taxes450/3 | - | €297 | - | - | - | - |
| Other amounts payable47/48 | - | €204 | €259 | €259 | €918 | ▲ 254% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,976 | -€7,894 | €8,790 | €11,030 | -€24,215 | ▼ 320% |
| + Depreciation and write-downs630 | €234 | €234 | €234 | €484 | €250 | ▼ 48.3% |
| Operating cash flow (approximation) | €42,210 | -€7,660 | €9,024 | €11,514 | -€23,965 | ▼ 308% |
| Investment in fixed assets (approximation) | - | €0 | -€1 | -€2,500 | €0 | ▲ 100% |
| Change in cash | - | €5,286 | €5,970 | -€14,587 | -€24,352 | ▼ 66.9% |
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet -€24,215
Net result drops to -€24,215, the lowest in the series.
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 85 days late
19-04
KBO administration
UBO non-compliance
event 08-04-2024
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €8,790
Net result €8,790 after one loss-making year.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Highest result since 2018net €41,976 ▲484%
Operating result €35,249, net result €41,976, both a record.
31-12
Financial
Equity above €200,000Eq €221,229 ▲23.4%
3 profitable years in a row build equity to €221,229.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
Show earlier events
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 20 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Zedelgem · 1 establishment unit since 1996
Ground area
1,186 m²
Building footprint
159 m²
Volume, LiDAR
816 m³
Parcel 31017A0292/00D000, Flanders · tallest building 5.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PATRICK BLOMMAERT
since 19962.076.918.666
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31017A0292/00D000 | Flanders | 1,186 m² | 1 · 159 m² | 5.8 m · 2 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.
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Of 559 companies in sector 25999 we hold annual accounts for 354. 246 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-05-1996
Fiscal year end31-12
Activities, NACEBEL 2025
25999Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0457993517
Also
9925:BE0457993517
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.