Patrick Hermans
ActiveFrom the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Patrick Hermans has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100,419 and a net result of €6,318. Equity has been growing by about 24% per year since 2018. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
KBO- Status
- Active since 20-01-2009 Normal situation
- Legal form
- Private limited company
- Registered office
- Vlierbeeklaan 8, 3010 Leuven
- Activity
- “De uitoefening van de kinesitherapie, kinesitherapeutische behandelingstechnieken, alle andere alternatieve en/of klassieke geneeswijzen en…” (deed in Dutch)From the articles, 12 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.301.794.162 3010 Leuven, since 28-01-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €46,378
- ▲ 24.0%
- Turnover
- ≈ €190,000
- estimated
- Profit
- €6,318
- ▼ 49.9%
- Equity
- €100,419
- ▲ 6.7%
- Total assets
- €229,526
- ▲ 57.3%
Score breakdownraises riskLiquidity: current ratio 0.88, cash €2,693No main activity registeredlowers riskSize: total assets €229,526Founded in 2009Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 (no NACE code, micro). It does better than 41% of them on solvency, 22% on liquidity, 53% on profitability and 63% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 22 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
2025 annual accounts filed 26 days after the deadline Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00426651.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 26-08-2026
- Format
- micro format
- Reference
- 2026-00426651
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 31% lower than in 2024. It is the third fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Companies with the same profile, two years later
Historical observationIn July 2024, 10,904 companies had the same profile as Patrick Hermans has now. Two years later, 0.7% had gone bankrupt and 95.2% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of Patrick Hermans itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,445 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 10,904 companies, not a prediction for Patrick Hermans. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,684 | €13,794 | €13,794 | €14,366 | €15,506 | €4,826 | €16,413 | €17,328 | ▲ 5.6% |
| Other operating charges640/8 | - | - | - | €1,731 | €1,742 | €1,382 | €1,509 | €15,628 | ▲ 936% |
| Gross operating margin9900 | €16,742 | €20,658 | €34,788 | €25,428 | €40,528 | €28,075 | €37,414 | €46,378 | ▲ 24.0% |
| Operating profit (loss)9901 | €13,156 | €3,991 | €19,607 | €9,331 | €23,280 | €21,867 | €19,492 | €13,422 | ▼ 31.1% |
| Financial income75/76B | - | - | - | - | - | €8,260 | €199 | €353 | ▲ 77.4% |
| Recurring financial income75 | €3 | - | - | - | - | €3 | €199 | €272 | ▲ 36.7% |
| Non-recurring financial income76B | - | - | - | - | - | €8,257 | - | €81 | - |
| Financial charges65/66B | - | - | - | €693 | €669 | €678 | €1,578 | €1,886 | ▲ 19.5% |
| Recurring financial charges65 | €618 | €456 | €717 | €693 | €669 | €678 | €1,578 | €1,886 | ▲ 19.5% |
| Profit (loss) for the period before taxes9903 | €12,541 | €11,140 | €23,890 | €8,638 | €22,611 | €29,449 | €18,113 | €11,889 | ▼ 34.4% |
| Income taxes67/77 | €3,521 | €3,508 | €6,024 | €3,710 | €8,790 | €8,156 | €5,499 | €5,571 | ▲ 1.3% |
| Profit (loss) for the period9904 | €9,020 | €7,632 | €17,866 | €4,928 | €13,821 | €21,293 | €12,614 | €6,318 | ▼ 49.9% |
| Profit (loss) for the period to be appropriated9905 | €9,020 | €7,632 | €17,866 | €4,928 | €13,821 | €21,293 | €12,614 | €6,318 | ▼ 49.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €35,961 | €87,309 | €104,650 | €93,472 | €91,517 | €107,105 | €145,915 | €229,526 | ▲ 57.3% |
| Fixed assets21/28 | €22,395 | €68,565 | €54,770 | €46,960 | €33,797 | €22,674 | €73,437 | €169,690 | ▲ 131% |
| Tangible fixed assets22/27 | €22,395 | €68,565 | €54,770 | €46,960 | €33,797 | €22,674 | €73,437 | €169,690 | ▲ 131% |
| Land and buildings22 | - | - | - | - | - | - | - | €115,324 | - |
| Plant, machinery and equipment23 | - | - | - | €20,080 | €19,654 | €16,839 | €14,023 | €11,208 | ▼ 20.1% |
| Furniture and vehicles24 | - | - | - | €24,702 | €12,420 | €4,567 | €58,305 | €42,207 | ▼ 27.6% |
| Leasing and similar rights25 | - | - | - | €2,178 | €0 | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | €1,723 | €1,268 | €1,109 | €951 | ▼ 14.2% |
| Current assets29/58 | €13,566 | €18,744 | €49,880 | €46,512 | €57,720 | €84,431 | €72,478 | €59,836 | ▼ 17.4% |
| Amounts receivable within one year40/41 | - | - | - | €3,790 | - | - | €2,001 | €6,512 | ▲ 225% |
| Other amounts receivable41 | - | - | - | €3,790 | - | - | €2,001 | €6,512 | ▲ 225% |
| Current investments50/53 | €10,359 | €12,496 | €38,408 | €34,005 | €51,515 | €81,656 | €65,075 | €48,041 | ▼ 26.2% |
| Cash at bank and in hand54/58 | €2,704 | €2,682 | €8,091 | €5,761 | €3,361 | €1,978 | €1,572 | €2,693 | ▲ 71.3% |
| Deferred charges and accrued income490/1 | - | - | - | €2,956 | €2,844 | €797 | €3,830 | €2,590 | ▼ 32.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €35,961 | €87,309 | €104,650 | €93,472 | €91,517 | €107,105 | €145,915 | €229,526 | ▲ 57.3% |
| Equity10/15 | €15,948 | €23,580 | €41,446 | €46,374 | €60,195 | €81,487 | €94,101 | €100,419 | ▲ 6.7% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | - | - | - | €13,821 | €35,113 | €47,727 | €54,045 | ▲ 13.2% |
| Distributable reserves133 | - | - | - | - | €13,821 | €35,113 | €47,727 | €54,045 | ▲ 13.2% |
| Profit (loss) carried forward14 | -€2,652 | €4,980 | €22,846 | €27,774 | €27,774 | €27,774 | €27,774 | €27,774 | = |
| Amounts payable17/49 | €20,013 | €63,729 | €63,204 | €47,098 | €31,322 | €25,618 | €51,814 | €129,107 | ▲ 149% |
| Amounts payable after more than one year17 | €4,755 | €37,704 | €31,408 | €19,764 | €9,453 | - | €27,775 | €61,163 | ▲ 120% |
| Financial debts170/4 | - | - | - | €19,764 | €9,453 | - | €27,775 | €61,163 | ▲ 120% |
| Amounts payable within one year42/48 | €15,258 | €26,025 | €31,675 | €27,334 | €21,869 | €25,618 | €24,039 | €67,944 | ▲ 183% |
| Current portion of amounts payable after more than one year42 | - | - | - | €15,343 | €14,011 | €13,152 | €12,696 | €22,987 | ▲ 81.1% |
| Taxes, remuneration and social security45 | - | - | - | €2,000 | €3,290 | €2,656 | €2,000 | €2,000 | = |
| Taxes450/3 | - | - | - | - | €1,290 | €656 | - | - | - |
| Remuneration and social security454/9 | - | - | - | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Other amounts payable47/48 | - | - | - | €9,991 | €4,568 | €9,810 | €9,343 | €42,957 | ▲ 360% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,020 | €7,632 | €17,866 | €4,928 | €13,821 | €21,293 | €12,614 | €6,318 | ▼ 49.9% |
| + Depreciation and write-downs630 | €2,684 | €13,794 | €13,794 | €14,366 | €15,506 | €4,826 | €16,413 | €17,328 | ▲ 5.6% |
| Operating cash flow (approximation) | €11,704 | €21,426 | €31,660 | €19,294 | €29,327 | €26,119 | €29,027 | €23,646 | ▼ 18.5% |
| Investment in fixed assets (approximation) | - | -€59,964 | €1 | -€6,556 | -€2,343 | €6,297 | -€67,176 | -€113,581 | ▼ 69.1% |
| Change in cash | - | -€22 | €5,409 | -€2,330 | -€2,400 | -€1,383 | -€406 | €1,121 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-08-2026 | 2026-00426651 | NBB |
| 31-12-2024 | micro format | 27-08-2025 | 2025-00425773 | |
| 31-12-2023 | micro format | 26-08-2024 | 2024-00378870 | |
| 31-12-2022 | micro format | 09-08-2023 | 2023-00324175 | |
| 31-12-2021 | micro format | 16-08-2022 | 2022-20288890 | |
| 31-12-2020 | micro format | 20-08-2021 | 2021-53500246 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-48500411 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-54200495 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-51800397 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-48000064 |
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €156 awarded · €156 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €90 | €90 |
| 2022 | 1 | €66 | €66 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Patrick Hermans |
|
The board according to the articles of association
Board and representation
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Iedere bestuurder vertegenwoordigt de vennootschap tegenover derden alsmede in rechte als eiser of als verweerder. Hij kan bijzondere…”
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, benoemd met of zonder beperking van duur”3 more provisions on this in the deed
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- One provision in the deed
Articles of association, deed of 12-01-2024
Owners and capital
Capital transactions
- 12-01-2024 Converted to unavailable equity · €18,600
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Aandelen moeten bij hun uitgifte worden volgestort, stortingsplicht”“Aandelen op naam, voorzien van een volgnummer”
- Profit allocationThe articles set how profit is distributed. A BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 12-01-2024 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from the directors of Patrick Hermans. Every other company they run is a node.
History
Acts, filings and financial milestones
12-01
Gazette deed
Reappointment: Patrick Hermans (statutory director)Amendment of the articles · Legal-form conversion · Capital conversion10 points ▸
- General meeting, 29-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Legal-form conversion, “besloten vennootschap (afgekort BV)” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen, onmiddellijk” (deed in Dutch)
- Director reappointment, Patrick Hermans (statutory director)
- Capital
- Registered office clause, “3010 Leuven (Kessel-Lo), Vlierbeeklaan 8” (deed in Dutch)
- Board meeting, “charges director with execution of all foregoing, instructs notary to prepare and sign coordination of statutes in accordance with third decision and ensure dep…” (deed in Dutch)
- Director in office, Patrick Hermans (enige en statutaire bestuurder)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
12 activities
- De uitoefening van de kinesitherapie, kinesitherapeutische behandelingstechnieken, alle andere alternatieve en/of klassieke geneeswijzen en alle met het kinesitherapie beroep aanverwante en niet-onverenigbare disciplines, dit in de meest ruime zin
- Het verlenen van advies inzake voormelde activiteiten
- De bevordering van kennisoverdracht aan collega’s en andere geïnteresseerden die in de lijn van de missie van de praktijk ligt door het verzorgen van voordrachten, seminaries en workshops
- Het doceren van kinesitherapie, kinesitherapeutische behandelingstechnieken, alle andere en/of klassieke geneeswijzen en alle met het kinesistenberoep aanverwante en niet-onverenigbare disciplines aan studenten, medici en/of paramedici
- De samenwerking met andere personen uit alle medische en paramedische beroepen en het verrichten van wetenschappelijk onderzoek
- Het uitoefenen van verpleegkunde in ziekenhuizen, rusthuizen en thuisverpleging, en dit voor zieken op mentaal en fysiek vlak en het advies verlenen aan bedrijven op het vlak van de verpleegkunde
- Het inrichten van algemene diensten en een medisch secretariaat, in het bijzonder die nuttig of nodig zijn voor de uitoefening van de voormelde activiteit
- Het ter beschikking stellen van alle nodige middelen voor de uitoefening van de beroepsactiviteit
- De aankoop, het huren en/of leasen van alle apparatuur en accomodaties, gebouwen kortom van een volledige materiële infrastructuur
- Alle commerciële, industriële, financiële, roerende of onroerende handelingen die rechtstreeks of onrechtstreeks verband houden met haar maatschappelijk voorwerp
- Deelnemen in, samenwerken met of financieel tussenkomen in andere vennootschappen of bedrijven
- Leiding en controle, in hoedanigheid van bestuurder, vereffenaar of anderszins, kunnen uitoefenen over andere vennootschappen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24482F0182/00N000 | Flanders | 353 m² | 1 · 105 m² | 10.3 m · 2 |