PATRICK VERWILST
ActivePATRICK VERWILST has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.06M and a net result of €120k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 86% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+5
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 3.87 against 3.63 in 2024; short-term debt: 22.2% and cash: 42% of total assets), and 22.2% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.8%
Return on assets
8.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
7 d late
2023
1 d early
2022
on the day
2021
on the day
2020
2 d early
2019
3 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.06M▲ 12.8%
2024 · €939k
2019: €454k
2020: €546k
2021: €641k
2022: €769k
2023: €873k
2024: €939k
2019 → 2025
Total assets
€1.36M▲ 10.8%
2024 · €1.23M
2019: €966k
2020: €982k
2021: €942k
2022: €1.12M
2023: €1.27M
2024: €1.23M
2019 → 2025
Net result
€120k▲ 81.3%
2024 · €66k
2019: €74k
2020: €92k
2021: €96k
2022: €128k
2023: €104k
2024: €66k
2019 → 2025
Working capital
€865k▲ 13.6%
2024 · €762k
2019: €3k
2020: €467k
2021: €546k
2022: €477k
2023: €630k
2024: €762k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€641k-€769k▲ 19.9%€873k▲ 13.5%€939k▲ 7.6%€1.06M▲ 12.8%
Operating result€125k-€156k▲ 24.3%€143k▼ 8.0%€82k▼ 42.7%€163k▲ 98.7%
Net result€96k-€128k▲ 33.4%€104k▼ 18.6%€66k▼ 36.3%€120k▲ 81.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 99% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.36M
Fixed assets
€194k▲ 9.1%
Current assets
€1.17M▲ 11.1%
Equity and liabilities €1.36M
Equity
€1.06M▲ 12.8%
Provisions
€0▼ 100%
Debt
€303k▲ 4.5%
The debt ratio falls from 23.6% to 22.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€230k▲
2024 · €147k
Cash flow
€187k▲
2024 · €131k
Solvency
77.8%▲
2024 · 76.4%
Current ratio
3.87▲
2024 · 3.63
Quick ratio
3.33▲
2024 · 3.13
Debt / equity
0.29▼
2024 · 0.31
ROE
11.3%▲
2024 · 7.0%
ROA
8.8%▲
2024 · 5.4%
Interest coverage
123.87▲
2024 · 43.00
Debt
€303k▲
2024 · €290k
Debt ≤ 1 year
€302k▲
2024 · €289k
Income taxes
€49k▲
2024 · €25k
Staff costs
€188k▼
2024 · €223k
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€1.23M€1.36M▲
Fixed assets21/28€178k€194k▲
Tangible fixed assets22/27€178k€194k▲
Land and buildings22€22k€18k▼
Plant, machinery and equipment23€11k€17k▲
Furniture and vehicles24€145k€159k▲
Financial fixed assets28€135€135=
Current assets29/58€1.05M€1.17M▲
Amounts receivable after more than one year29€136k€130k▼
Other amounts receivable291€136k€130k▼
Stocks and contracts in progress3€146k€161k▲
Stocks30/36€133k€111k▼
Contracts in progress37€13k€50k▲
Amounts receivable within one year40/41€232k€294k▲
Trade receivables40€169k€275k▲
Other amounts receivable41€63k€19k▼
Cash at bank and in hand54/58€530k€572k▲
Deferred charges and accrued income490/1€7k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.23M€1.36M▲
Equity10/15€939k€1.06M▲
Contributions10/11€19k€19k=
Reserves13€920k€1.04M▲
Non-distributable reserves130/1€86k€86k=
Reserves not available under the articles1311€86k€86k=
Tax-exempt reserves132€47-
Distributable reserves133€834k€954k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€23-
Deferred taxes168€23-
Amounts payable17/49€290k€303k▲
Amounts payable within one year42/48€289k€302k▲
Trade debts44€72k€71k▼
Suppliers440/4€72k€71k▼
Taxes, remuneration and social security45€22k€37k▲
Taxes450/3€8k€18k▲
Remuneration and social security454/9€14k€18k▲
Other amounts payable47/48€195k€194k▼
Accrued charges and deferred income492/3€968€998▲
Income statement
Code20242025
Remuneration, social security and pensions62€223k€188k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€67k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€374k€423k▲
Operating profit (loss)9901€82k€163k▲
Financial income75/76B€12k€8k▼
Recurring financial income75€12k€8k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€91k€169k▲
Transfer from deferred taxes780€41€23▼
Income taxes67/77€25k€49k▲
Profit (loss) for the period9904€66k€120k▲
Transfer from tax-exempt reserves789€83€47▼
Profit (loss) for the period to be appropriated9905€66k€120k▲
Appropriation of the result
Profit (loss) to be appropriated9906€66k€120k▲
Profit (loss) brought forward from the previous period14P€0€0=
Transfer to equity691/2€66k€120k▲
To other reserves6921€66k€120k▲
Social balance
Average headcount (FTE)90874.13.8▼
The notes to these accounts (8 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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Equity above €1MEq €1.06M ▲12.8%
7 profitable years in a row build equity to €1.06M.
07-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 7 days late
2024
30-06
Financial
Weakest financial yearnet €66k ▼36.3%
Net result drops to €66k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €128k ▲33.4%
Net result €128k, the highest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Liquidity doublescurrent ratio 2.07
Current ratio from 1.00 to 2.07; short-term debt falls from €512k to €436k.
30-06
Financial
Equity above €500kEq €546k ▲20.2%
2 profitable years in a row build equity to €546k.
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 3 days late
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lievegem · 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.
Leischoot(OW) 19931 LievegemGround area
600 m²
Building footprint
158 m²
Volume, LiDAR
830 m³
Parcel 44053I0001/00F000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PATRICK VERWILST BVBA
since 19972.084.130.815
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44053I0001/00F000 | Flanders | 600 m² | 1 · 158 m² | 7.9 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 423 EUR awarded · 328 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 95 EUR | 0 EUR |
| 2024 | 1 | 187 EUR | 232 EUR |
| 2023 | 1 | 45 EUR | 0 EUR |
| 2022 | 1 | 96 EUR | 96 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
5 categoriesPATRICK VERWILST BV28816
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
DERIJCKE
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Anzegem · Eq €1.06M
ZANETTI
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WIM LOUAGIE
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Knokke-Heist · Eq €1.06M
MATHIEU WILLEMS - DIELS
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STANY GENBRUGGE
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,469. 1,592 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-1997
Fiscal year end30-06
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.