Equity
PATRICK CONSTRUCT has made a profit in every financial year since 2020.
PATRICK CONSTRUCT has made a profit in every financial year since 2020.
Latest accounts filed late: after the legal deadline.
Higher solvency than 91% of companies in specialised construction. Sector median 46.7% · 35,125 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 40% on liquidity, 26% on profitability and 53% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as PATRICK CONSTRUCT has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PATRICK CONSTRUCT itself is higher: 8.2% within 12 months. It rests on far more data about PATRICK CONSTRUCT than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for PATRICK CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 7.61 (5.41 in 2024), above the usual 1.5. Short-term debt is 13.1% and cash 0.1% of total assets. 13.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 21 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| PATRICK CONSTRUCT Boutersem | €265,194 | €25,081 | 86.9% | - |
| LG UNIVERSAL Frameries | €255,169 | €24,113 | 64.3% | - |
| LO CONSTRUCT Anderlecht | €278,427 | €20,893 | 19.8% | - |
| DAN TOITURES Liège | €308,372 | €20,983 | 6.9% | - |
| ROBEYST PROJECTS Zele | €255,173 | €22,489 | 58.8% | - |
| MDA CONSTRUCT Uccle | €244,203 | €19,267 | 94.6% | - |
| BOUWWERKEN LIEVEN DE SMET Geraardsbergen | €285,771 | €32,989 | 28.6% | - |
These companies have the same main activity as PATRICK CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €244,000 and €308,000, founded between 2016 and 2019.
PATRICK CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €46,045 in 2020 to €25,081 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 91% of 35,125 companies in 2025.
Higher than 91% of 34,499 companies in 2025.
Higher than 50% of 34,700 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
265,194 | 259,932 | 252,631 | 185,557 | 99,425 | 68,943 | |
29/58 |
265,194 | 259,932 | 252,631 | 185,557 | 99,425 | 68,943 | |
40/41 |
264,984 | 253,855 | 248,021 | 176,756 | 98,428 | 65,946 | |
40 |
47,788 | 29,178 | 40,290 | 9,953 | 18,682 | - | |
41 |
217,196 | 224,678 | 207,731 | 166,803 | 79,746 | 65,946 | |
54/58 |
210 | 6,077 | 4,610 | 8,801 | 997 | 2,997 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
265,194 | 259,932 | 252,631 | 185,557 | 99,425 | 68,943 | |
10/15 |
230,358 | 211,876 | 189,897 | 135,759 | 65,137 | 44,586 | |
10/11 |
1 | 1 | 1 | 1 | 1 | 1 | |
14 |
230,357 | 211,875 | 189,896 | 135,758 | 65,136 | 44,585 | |
17/49 |
34,836 | 48,056 | 62,734 | 49,797 | 34,288 | 24,356 | |
42/48 |
34,836 | 48,056 | 62,734 | 49,797 | 34,288 | 24,356 | |
43 |
- | 1,995 | - | 562 | 715 | 2,324 | |
430/8 |
- | 1,995 | - | 562 | 715 | 2,324 | |
44 |
21,416 | 19,715 | 28,426 | 29,915 | 14,049 | 5,035 | |
440/4 |
8,325 | 13,869 | 5,134 | 1,572 | 12,569 | 5,035 | |
441 |
13,091 | 5,846 | 23,292 | 28,343 | 1,480 | - | |
45 |
13,420 | 26,347 | 34,308 | 19,321 | 19,524 | 16,997 | |
450/3 |
13,420 | 26,347 | 34,308 | 19,321 | 19,524 | 16,997 | |
| Income statement | |||||||
70 |
- | - | 213,070 | 218,625 | 156,583 | 223,683 | |
9900 |
25,081 | 30,913 | 75,026 | 91,252 | 29,405 | 46,045 | |
60/61 |
- | - | 138,044 | 127,373 | 127,178 | 177,637 | |
640/8 |
183 | 350 | 413 | 683 | 484 | 75 | |
9901 |
24,899 | 30,564 | 74,614 | 90,569 | 28,921 | 45,970 | |
75/76B |
3 | 10 | 40 | 2 | - | - | |
75 |
3 | 10 | 40 | 2 | - | - | |
65/66B |
1,082 | 513 | 698 | 628 | 2,644 | 1,023 | |
65 |
1,082 | 513 | 698 | 628 | 2,644 | 1,023 | |
9903 |
23,820 | 30,060 | 73,955 | 89,943 | 26,277 | 44,948 | |
67/77 |
5,338 | 8,082 | 19,817 | 19,321 | 5,726 | 13,380 | |
9904 |
18,482 | 21,979 | 54,138 | 70,622 | 20,551 | 31,568 | |
9905 |
18,482 | 21,979 | 54,138 | 70,622 | 20,551 | 31,568 | |
| Appropriation of the result | |||||||
9906 |
230,357 | 211,875 | 189,896 | 135,758 | 65,136 | 44,585 | |
14P |
211,875 | 189,896 | 135,758 | 65,136 | 44,585 | - | |
| Document | |||||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 12-09-2026.
2025 annual accounts filed 135 days after the deadline. Filed on 12 September 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00512760.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 12-09-2026 | 2026-00512760 | |
| 30-09-2024 | micro format | 30-04-2025 | 2025-00085947 | |
| 30-09-2023 | micro format | 25-04-2024 | 2024-00077720 | |
| 30-09-2022 | micro format | 27-04-2023 | 2023-00080328 | |
| 30-09-2021 | micro format | 29-04-2022 | 2022-20018880 | |
| 30-09-2020 | full format | 29-04-2021 | 2021-12200259 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| -5,867 | 1,466 | -4,191 | 7,804 | -2,000 | - | ||
| 230,358 | 211,876 | 189,897 | 135,759 | 65,137 | 44,586 | ||
| - | - | 35.0% | 41.4% | 18.5% | 20.6% | ||
| 86.9% | 81.5% | 75.2% | 73.2% | 65.5% | 64.7% | ||
| 7.61 | 5.41 | 4.03 | 3.73 | 2.90 | 2.83 | ||
| 0.15 | 0.23 | 0.33 | 0.37 | 0.53 | 0.55 | ||
| 8.0% | 10.4% | 28.5% | 52.0% | 31.6% | 70.8% | ||
| 7.0% | 8.5% | 21.4% | 38.1% | 20.7% | 45.8% | ||
| - | - | 69 days | 17 days | 44 days | 108 days | ||
| - | - | 75 days | 86 days | 40 days | 10 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is 19% lower than in 2024 and the lowest since 2020. It is the third fall in a row.
Debt's share of the balance-sheet total falls from 18.5% to 13.1%. Equity is higher and debt is lower.
PATRICK CONSTRUCT has no parent and no holdings in its annual accounts. LEVAI Petru-Cristian is the only director. PATRICK CONSTRUCT shares no director with another company.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Koutemstraat 15 registered office 3370 Boutersem |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24702B0043/00H002 | 1,018 m² | 1 · 167 m² | 8.6 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0694.883.749
If something looks wrong or is missing, please tell us.