Lower solvency than 87% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 1,325 companies had the same profile as PATRICK VAN CRAEYNEST has now. Each dot stands for 4 companies, two years later.
95.2%
were still trading
3.2%
stopped another way
1.4%
went bankrupt
Micro
10 to 20 years old
solvency under 10%
a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 1,325 companies, not a prediction for PATRICK VAN CRAEYNEST. 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.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as PATRICK VAN CRAEYNEST: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €233,000 and €305,000, founded between 2010 and 2011.
What is the company number of PATRICK VAN CRAEYNEST?
The company number of PATRICK VAN CRAEYNEST is 0832.821.511. The VAT number is the same number with BE in front: BE 0832.821.511.
Where is PATRICK VAN CRAEYNEST based?
The registered office is at Roterijstraat 8, 8570 Anzegem.Company details
What does PATRICK VAN CRAEYNEST do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of PATRICK VAN CRAEYNEST?
PATRICK VAN CRAEYNEST is a private limited company (pre-2019) (BVBA).
When was PATRICK VAN CRAEYNEST founded?
PATRICK VAN CRAEYNEST was founded on 14-01-2011.
Is PATRICK VAN CRAEYNEST still active?
Yes, PATRICK VAN CRAEYNEST is an active enterprise in the KBO register.
How many employees does PATRICK VAN CRAEYNEST have?
PATRICK VAN CRAEYNEST had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PATRICK VAN CRAEYNEST fall under?
In its 2021 annual accounts, PATRICK VAN CRAEYNEST states joint committee 124 (Construction).
What is the turnover of PATRICK VAN CRAEYNEST?
The turnover in financial year 2025 is ≈ €680,000. This figure is estimated from the gross margin of €164,995 and 45 comparable companies (NACE 43990). It probably lies between €470,000 and €1.2m.
Is PATRICK VAN CRAEYNEST profitable?
In financial year 2025, PATRICK VAN CRAEYNEST made a profit of €23,708.
Where can I find the annual accounts of PATRICK VAN CRAEYNEST?
PATRICK VAN CRAEYNEST filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PATRICK VAN CRAEYNEST due?
PATRICK VAN CRAEYNEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline