Patrick Meutermans
Annual accounts 2025
micro format, filed on 30-07-2026, 1 day before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €370,000. Estimated: probably between €290,000 and €510,000.
Balance sheet
balance sheet total €1.1m on 31-12-2025in €m
in euro
Position in the sector
97.0%
Higher than 95% of 10,252 companies in 2025.
33.65
Higher than 95% of 9,835 companies in 2025.
14.8%
Higher than 56% of 9,977 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
1.1m | 1.0m | 918,046 | 758,742 | 899,731 | 948,364 | 887,755 | 800,675 | 752,762 | 883,321 | 862,540 | 653,710 | 484,411 | |
21/28 |
7,560 | 7,230 | 8,520 | 5,650 | 1,981 | 2,732 | 500 | 13,062 | 24,459 | 36,688 | 49,109 | 748 | 1,352 | |
22/27 |
7,560 | 7,230 | 8,520 | 5,650 | 1,981 | 2,732 | 500 | 13,062 | 24,459 | 36,688 | 49,109 | 748 | 1,352 | |
23 |
1,485 | - | - | - | - | 222 | 500 | 833 | - | - | 191 | 748 | 1,352 | |
24 |
6,075 | 7,230 | 8,520 | 5,650 | 1,981 | 2,510 | - | 12,229 | 24,459 | 36,688 | 48,918 | - | - | |
29/58 |
1.1m | 1.0m | 909,526 | 753,092 | 897,750 | 945,632 | 887,256 | 787,614 | 728,303 | 846,633 | 813,431 | 652,962 | 483,059 | |
29 |
- | - | - | - | 8,000 | 6,000 | 10,000 | - | - | - | - | - | - | |
291 |
- | - | - | - | 8,000 | 6,000 | 10,000 | - | - | - | - | - | - | |
40/41 |
66,200 | 68,348 | 9,354 | 3,576 | 88,026 | 85,455 | 36,510 | 25,212 | 67,823 | 64,633 | 80,885 | - | 19,188 | |
40 |
59,572 | 58,909 | 182 | - | 86,411 | 85,445 | 34,075 | 23,218 | 53,093 | 52,306 | 80,881 | - | 19,132 | |
41 |
6,628 | 9,439 | 9,172 | 3,576 | 1,615 | 10 | 2,436 | 1,995 | 14,730 | 12,327 | 4 | - | 56 | |
50/53 |
368,283 | 368,283 | 220,282 | 119,067 | 119,067 | 194,066 | 74,999 | 74,999 | 74,999 | - | - | - | - | |
54/58 |
672,520 | 584,453 | 677,240 | 626,621 | 680,328 | 660,111 | 765,747 | 687,403 | 563,481 | 772,000 | 732,446 | 652,862 | 462,876 | |
490/1 |
2,690 | 1,921 | 2,651 | 3,827 | 2,329 | - | - | - | 22,000 | 10,000 | 100 | 100 | 995 | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
1.1m | 1.0m | 918,046 | 758,742 | 899,731 | 948,364 | 887,755 | 800,675 | 752,762 | 883,321 | 862,540 | 653,710 | 484,411 | |
10/15 |
1.1m | 994,752 | 863,141 | 719,118 | 841,875 | 896,775 | 860,104 | 783,896 | 732,064 | 682,461 | 647,333 | 369,805 | 307,416 | |
10/11 |
12,600 | 12,600 | 12,600 | 12,600 | 12,600 | 12,600 | 12,600 | 12,600 | 12,600 | 12,600 | 12,600 | 12,600 | 12,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | |
13 |
1.1m | 982,152 | 850,541 | 706,518 | 829,275 | 884,175 | 847,504 | 771,296 | 719,464 | 669,861 | 631,777 | 354,249 | 291,860 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
133 |
1.1m | 982,152 | 848,681 | 704,658 | 827,415 | 882,315 | 845,644 | 769,436 | 717,604 | 668,001 | 629,917 | 352,389 | 290,000 | |
14 |
- | - | - | - | - | - | - | - | - | - | 2,956 | 2,956 | 2,956 | |
17/49 |
32,978 | 35,483 | 54,905 | 39,623 | 57,855 | 51,588 | 27,652 | 16,779 | 20,697 | 200,861 | 215,207 | 283,905 | 176,995 | |
42/48 |
32,978 | 34,563 | 54,905 | 39,623 | 57,855 | 51,588 | 27,652 | 16,779 | 20,697 | 200,861 | 215,207 | 283,905 | 176,995 | |
44 |
6,473 | 2,632 | 19,127 | 8,174 | 32,256 | 30,142 | 4,292 | 2,787 | 5,120 | 2,752 | 1,622 | 2,405 | 2,605 | |
440/4 |
6,473 | 2,632 | 19,127 | 8,174 | 32,256 | 30,142 | 4,292 | 2,787 | 5,120 | 2,752 | 1,622 | 2,405 | 2,605 | |
45 |
18,823 | 21,244 | 22,277 | 26,681 | 25,513 | 21,213 | 20,398 | 10,033 | 13,323 | 195,293 | 212,268 | 242,631 | 174,390 | |
450/3 |
18,823 | 20,594 | 21,627 | 23,331 | 23,963 | 19,713 | 18,898 | 10,033 | 13,323 | 195,293 | 206,983 | 242,631 | 174,390 | |
454/9 |
- | 650 | 650 | 3,350 | 1,550 | 1,500 | 1,500 | - | - | - | 5,285 | - | - | |
47/48 |
7,682 | 10,686 | 13,501 | 4,768 | 87 | 233 | 2,961 | 3,959 | 2,254 | 2,815 | 1,317 | 38,869 | - | |
492/3 |
- | 919 | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||
76A |
7,999 | - | - | - | 19,000 | - | - | - | - | - | - | - | - | |
9900 |
243,612 | 264,105 | 283,246 | 304,454 | 309,589 | 142,259 | 123,789 | 98,289 | 91,981 | 110,323 | 480,735 | 182,012 | 457,521 | |
630 |
1,240 | 1,290 | 935 | 529 | 751 | 412 | 12,562 | 12,784 | 12,229 | 12,421 | 12,786 | 604 | 1,430 | |
640/8 |
1,870 | 1,190 | 2,281 | 2,168 | 1,738 | 2,362 | 1,995 | 8,608 | 2,074 | 1,571 | 2,031 | 755 | 1,101 | |
9901 |
240,502 | 261,626 | 280,030 | 301,757 | 307,100 | 139,485 | 109,232 | 76,897 | 77,678 | 96,331 | 465,918 | 180,653 | 454,990 | |
75/76B |
2,711 | 7,059 | 1,199 | 5 | 12,607 | 2,102 | 2,535 | 2,527 | 2,995 | 1,378 | 25 | - | - | |
75 |
2,711 | 7,059 | 1,199 | 5 | 12,607 | 2,102 | 2,535 | 2,527 | 2,995 | 1,378 | 25 | - | - | |
65/66B |
1,897 | 4,181 | 2,024 | 2,272 | 1,404 | 1,129 | 226 | 243 | 242 | 117 | 981 | 1,716 | 2,149 | |
65 |
1,897 | 4,181 | 2,024 | 2,272 | 1,404 | 1,129 | 226 | 243 | 242 | 117 | 981 | 1,716 | 2,149 | |
9903 |
241,316 | 264,503 | 279,205 | 299,490 | 318,303 | 140,458 | 111,540 | 79,181 | 80,431 | 97,592 | 464,962 | 178,937 | 452,841 | |
67/77 |
75,586 | 81,060 | 85,579 | 92,303 | 95,675 | 41,397 | 34,521 | 26,549 | 30,827 | 62,465 | 187,434 | 66,548 | 158,025 | |
9904 |
165,730 | 183,443 | 193,626 | 207,187 | 222,628 | 99,061 | 77,020 | 52,632 | 49,604 | 35,127 | 277,528 | 112,389 | 294,816 | |
9905 |
165,730 | 183,443 | 193,626 | 207,187 | 222,628 | 99,061 | 77,020 | 52,632 | 49,604 | 35,127 | 277,528 | 112,389 | 294,816 | |
| Appropriation of the result | ||||||||||||||
9906 |
165,730 | 183,443 | 193,626 | 207,187 | 222,628 | 99,061 | 77,020 | 52,632 | 49,604 | 38,084 | 280,484 | 115,345 | 294,816 | |
791/2 |
76,208 | 51,832 | 49,604 | 329,944 | 277,528 | 62,389 | - | - | - | 291,860 | - | - | - | |
691/2 |
165,730 | 183,443 | 193,626 | 207,187 | 222,628 | 99,061 | 76,208 | 51,832 | 49,604 | 329,944 | 277,528 | 62,389 | 291,860 | |
6920 |
- | - | - | - | - | - | - | - | - | 1,860 | - | - | 1,860 | |
6921 |
165,730 | 183,443 | 193,626 | 207,187 | 222,628 | 99,061 | 76,208 | 51,832 | 49,604 | 328,084 | 277,528 | 62,389 | 290,000 | |
694/7 |
76,208 | 51,832 | 49,604 | 329,944 | 277,528 | 62,389 | 812 | 800 | - | - | - | 50,000 | - | |
694 |
76,208 | 51,832 | 49,604 | 329,944 | 277,528 | 62,389 | 812 | 800 | - | - | - | 50,000 | - | |
| Document | ||||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00355714 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00194420 | |
| 31-12-2023 | micro format | 04-07-2024 | 2024-00206989 | |
| 31-12-2022 | micro format | 22-08-2023 | 2023-00340351 | |
| 31-12-2021 | micro format | 17-08-2022 | 2022-20291560 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-59700061 | |
| 31-12-2019 | micro format | 14-09-2020 | 2020-52900319 | |
| 31-12-2018 | micro format | 20-08-2019 | 2019-48100519 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56200314 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-49700478 | |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-52000174 | |
| 31-12-2014 | abbreviated format | 24-08-2015 | 2015-50900469 | |
| 31-12-2013 | abbreviated format | 27-08-2014 | 2014-50700203 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 241,742 | 262,915 | 280,965 | 302,286 | 307,851 | 139,897 | 121,794 | 89,681 | 89,907 | 108,752 | 478,704 | 181,257 | 456,420 | ||
| 166,970 | 184,733 | 194,561 | 207,715 | 223,379 | 99,473 | 89,582 | 65,416 | 61,833 | 47,548 | 290,314 | 112,993 | 296,246 | ||
| 1,569 | 0 | 3,805 | 4,198 | 0 | 2,644 | 0 | 1,388 | 0 | -0 | 61,147 | 0 | 2,782 | ||
| 88,067 | -92,787 | 50,618 | -53,706 | 20,216 | -105,635 | 78,344 | 123,922 | -208,519 | 39,554 | 79,584 | 189,986 | - | ||
| 1.1m | 988,441 | 854,621 | 713,468 | 839,895 | 894,044 | 859,604 | 770,834 | 707,606 | 645,773 | 598,224 | 369,057 | 306,064 | ||
| 97.0% | 96.6% | 94.0% | 94.8% | 93.6% | 94.6% | 96.9% | 97.9% | 97.3% | 77.3% | 75.0% | 56.6% | 63.5% | ||
| 33.65 | 29.60 | 16.57 | 19.01 | 15.52 | 18.33 | 32.09 | 46.94 | 35.19 | 4.22 | 3.78 | 2.30 | 2.73 | ||
| 0.03 | 0.04 | 0.06 | 0.06 | 0.07 | 0.06 | 0.03 | 0.02 | 0.03 | 0.29 | 0.33 | 0.77 | 0.58 | ||
| 15.3% | 18.4% | 22.4% | 28.8% | 26.4% | 11.0% | 9.0% | 6.7% | 6.8% | 5.1% | 42.9% | 30.4% | 95.9% | ||
| 14.8% | 17.8% | 21.1% | 27.3% | 24.7% | 10.4% | 8.7% | 6.6% | 6.6% | 4.0% | 32.2% | 17.2% | 60.9% | ||
| over 100 | 62.88 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,569 | - | €3,805 | €4,198 | - |
| €1,240 | €1,290 | €935 | €529 | €751 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Patrick Meutermans
The operating result for 2025 is 8% lower than in 2024 and the lowest since 2020. It is the fourth fall in a row.
Debt's share of the balance-sheet total falls from 3.4% to 3.0%. Equity is higher and debt is lower.