PATRICK STALPAERT
ActivePATRICK STALPAERT has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €-1k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 45% of 7415 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+1
Solvency64▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.23 in 2024; short-term debt: 61.1% and cash: 70.3% of total assets), and 61.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.9%
Return on assets
-3.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
26 d late
2023
30 d late
2022
42 d early
2021
29 d late
2020
27 d late
2019
66 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 7.5%
2024 · €15k
2018: €14k
2019: €18k
2020: €14k
2021: €18k
2022: €17k
2023: €16k
2024: €15k
2018 → 2025
Total assets
€36k▲ 1.0%
2024 · €36k
2018: €74k
2019: €64k
2020: €55k
2021: €87k
2022: €62k
2023: €50k
2024: €36k
2018 → 2025
Net result
€-1k▲ 18.8%
2024 · €-1k
2018: €4k
2019: €4k
2020: €-4k
2021: €4k
2022: €-849
2023: €-861
2024: €-1k
2018 → 2025
Working capital
€9k▲ 125%
2024 · €4k
2018: €9k
2019: €15k
2020: €12k
2021: €-7k
2022: €-3k
2023: €794
2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€17k▼ 4.7%€16k▼ 5.0%€15k▼ 8.5%€14k▼ 7.5%
Operating result€5k-€993▼ 81.9%€863▼ 13.1%€-102€357
Net result€4k-€-849€-861▼ 1.4%€-1k▼ 62.5%€-1k▲ 18.8%
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: €357 after a loss of €102 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36k
Fixed assets
€5k▼ 64.4%
Current assets
€31k▲ 46.6%
Equity and liabilities €36k
Equity
€14k▼ 7.5%
Debt
€22k▲ 7.2%
The debt ratio rises from 57.6% to 61.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€10k▲
2024 · €9k
Cash flow
€8k▲
2024 · €8k
Solvency
38.9%▼
2024 · 42.4%
Current ratio
1.40▲
2024 · 1.23
Quick ratio
1.40▲
2024 · 1.23
Debt / equity
1.57▲
2024 · 1.36
ROE
-8.1%▲
2024 · -9.3%
ROA
-3.2%▲
2024 · -3.9%
Interest coverage
35.86▼
2024 · 36.14
Debt
€22k▲
2024 · €20k
Debt ≤ 1 year
€22k▲
2024 · €17k
Income taxes
€1k▲
2024 · €1k
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€36k€36k▲
Fixed assets21/28€15k€5k▼
Tangible fixed assets22/27€15k€5k▼
Plant, machinery and equipment23€199-
Furniture and vehicles24€14k€5k▼
Current assets29/58€21k€31k▲
Amounts receivable within one year40/41€7k€5k▼
Trade receivables40€6k€5k▼
Other amounts receivable41€811€11▼
Cash at bank and in hand54/58€14k€25k▲
Deferred charges and accrued income490/1€124€124=
Equity and liabilities
Total equity and liabilities10/49€36k€36k▲
Equity10/15€15k€14k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-5k€-7k▼
Amounts payable17/49€20k€22k▲
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€17k€22k▲
Current portion of amounts payable after more than one year42€5k€3k▼
Trade debts44€1k€6k▲
Suppliers440/4€1k€6k▲
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€4k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€7k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€11k€11k▲
Operating profit (loss)9901€-102€357▲
Financial income75/76B€78€39▼
Recurring financial income75€78€39▼
Financial charges65/66B€262€272▲
Recurring financial charges65€262€272▲
Profit (loss) for the period before taxes9903€-287€123▲
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€-1k€-1k▲
Profit (loss) for the period to be appropriated9905€-1k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-7k▼
Profit (loss) brought forward from the previous period14P€-4k€-5k▼
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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-4k ▼202%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Ninove · 1 establishment unit since 1997
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.
Edingsesteenweg(Den) 507A9400 NinoveGround area
1,718 m²
Building footprint
337 m²
Volume, LiDAR
1,823 m³
2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zikastraat(Moe) 126, 9500 Geraardsbergen
since 19972.081.590.108
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41041A0030/00H000 | Flanders | 934 m² | 1 · 230 m² | 7.3 m · 2 fl. |
| 41012C1635/00A002 | Flanders | 785 m² | 1 · 107 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0769.267.111
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BOUWMOWA
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 10,452 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-04-1997
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 29 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.