Patrick NIESSEN
ActiveThe computed 12-month bankruptcy probability of Patrick NIESSEN is 1.8% (moderate). The 2025 annual accounts show equity of €1k and a net result of €2k. Equity is shrinking by ~21.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 28% of 13240 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+77
Solvency29▲+6
Growth32=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 9 filingsDeviation from the deadline
2025
26 d late
2024
26 d late
2023
2 d early
2022
21 d early
2021
22 d late
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1k
2024 · €-834
2018: €20k
2019: €21k
2020: €18k
2021: €12k
2022: €20k
2023: €8k
2024: €-834
2018 → 2025
Total assets
€34k▲ 0.1%
2024 · €34k
2018: €56k
2019: €42k
2020: €41k
2021: €35k
2022: €41k
2023: €42k
2024: €34k
2018 → 2025
Net result
€2k
2024 · €-9k
2018: €6k
2019: €715
2020: €-3k
2021: €-7k
2022: €8k
2023: €-11k
2024: €-9k
2018 → 2025
Working capital
€-2k▲ 71.1%
2024 · €-8k
2018: €-2k
2019: €2k
2020: €2k
2021: €-1k
2022: €9k
2023: €-2k
2024: €-8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€20k▲ 67.7%€8k▼ 58.3%€-834€1k
Operating result€-16k-€8k€-11k€-9k▲ 20.1%€3k
Net result€-7k-€8k€-11k€-9k▲ 21.1%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€4k▼ 46.4%
Current assets
€30k▲ 12.1%
Equity and liabilities €34k
Equity
€1k
Debt
€32k
Debt finances 95.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€6k▲
2024 · €-6k
Cash flow
€6k▲
2024 · €-6k
Solvency
4.4%▲
2024 · -2.5%
Current ratio
0.93▲
2024 · 0.78
Quick ratio
0.84▲
2024 · 0.69
Debt / equity
21.87
ROE
156.3%
ROA
6.8%▲
2024 · -26.6%
Interest coverage
22.29▲
2024 · -36.61
Debt
€32k▼
2024 · €35k
Debt ≤ 1 year
€32k▼
2024 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€34k€34k▲
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€4k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€1k€539▼
Other tangible fixed assets26€2k€714▼
Current assets29/58€27k€30k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€689€899▲
Other amounts receivable41€689€899▲
Cash at bank and in hand54/58€23k€25k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€34k€34k▲
Equity10/15€-834€1k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-15k€-13k▲
Amounts payable17/49€35k€32k▼
Amounts payable within one year42/48€35k€32k▼
Trade debts44€7k€2k▼
Suppliers440/4€7k€2k▼
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€24k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€-2k€9k▲
Operating profit (loss)9901€-9k€3k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€155€261▲
Recurring financial charges65€155€261▲
Profit (loss) for the period before taxes9903€-9k€2k▲
Profit (loss) for the period9904€-9k€2k▲
Profit (loss) for the period to be appropriated9905€-9k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-13k▲
Profit (loss) brought forward from the previous period14P€-6k€-15k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-11k ▼244%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zutendaal · 1 establishment unit since 1977
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Meerstraat 253690 ZutendaalGround area
1,221 m²
Building footprint
192 m²
Volume, LiDAR
911 m³
Parcel 71067B0519/00B005, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DE KEU-VELAER
since 19772.013.967.745
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71067B0519/00B005 | Flanders | 1,221 m² | 1 · 192 m² | 7.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZutendaal2.013.967.745
Similar companies · same sector, comparable size
GOT SOUL
BE 0658.766.491
Balen · Eq €1k
AMAZ & CO
BE 0671.838.232
Sint-Pieters-Leeuw · Eq €1k
BIRRIS
BE 0452.872.511
Sint-Niklaas · Eq €1k
S.L.
BE 0475.476.776
Soignies · Eq €1k
DE.FIFI
BE 1025.030.375
Mechelen · Eq €1k
Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 1,457 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-01-2017
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
93291Sports, amusement and recreation activities
93292Sports, amusement and recreation activities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.