Financials
- Fiscal year
- 2025
- Total assets
- €134,359
- Profit
- €27,643
- Solvency
- 86.3%
Total assets▲ 15.0%
Net result
20192025
PATRICK BULTINCK
ActiveSummary
PATRICK BULTINCK has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115,939 and a net result of €27,643. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 90% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Joinery installation
NACE 43320NACE 45421
1 site
Size
€134,359total assets 2025
- Equity
- €115,939
- Profit
- €27,643
Turnover not published (abridged schema)
Structure
Accounts on time0 of 2 deeds read
Why 98- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 6.90, cash €56,989+ Equity €115,939 (86.3% of total assets)+ Founded in 2003Show the evidence
Checked score
Score 2025
98
/ 100
Excellent
Probability in this band: under 0.55%
Better than 85% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 86.3% of total assets
Liquidity
98+7
short-term debt 13.3% · cash 42.4%
Profitability
94-6
return on assets 20.6%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 13 months
10-2025: < 0.1%lowest value
11-2025: < 0.1%● 0.0% vs 10-2025lowest value
12-2025: < 0.1%● 0.0% vs 11-2025lowest value
01-2026: < 0.1%● 0.0% vs 12-2025lowest value
02-2026: < 0.1%● 0.0% vs 01-2026lowest value
03-2026: < 0.1%● 0.0% vs 02-2026lowest value
04-2026: < 0.1%▲ +6.5% vs 03-2026
05-2026: 0.1%▲ +93.9% vs 04-2026highest value
06-2026: < 0.1%▼ -49.5% vs 05-2026
07-2026: < 0.1%● 0.0% vs 06-2026
08-2026: < 0.1%● 0.0% vs 07-2026
09-2026: < 0.1%● 0.0% vs 08-2026
10-2026: < 0.1%● 0.0% vs 09-2026
- Liquidity: current ratio 6.90, cash €56,989 lowers the probability
- Equity €115,939 (86.3% of total assets) lowers the probability
- Founded in 2003 lowers the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 6.9 against 4.16 in 2024; short-term debt: 13.3% and cash: 42.4% of total assets), and 13.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 94%, profitability 81%, growth against the median 75%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
2 d early
2021
1 d early
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 30 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Equity above €100,000Eq €115,939 ▲31.3%
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 30-04-2027
- 30-04-2026Annual accounts filed
- 30-09-2025Equity above €100,000
- 30-04-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Joinery installationNACE 43320
- Founded
- 01-10-2003
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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