PATRICK WITTERS
ActiveSummary
PATRICK WITTERS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,943 and a net result of €12,350. Equity is shrinking by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 12860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+8
Solvency89▲+6
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 6.67 against 2.84 in 2024; short-term debt: 13.3% and cash: 66.9% of total assets), and 36.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
63.6%
Return on assets
17.1%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €45,943
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
30 d early
2023
32 d early
2022
27 d early
2021
33 d early
2020
29 d early
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 31 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€45,943▲ 30.3%
2024 · €35,258
Total assets
€72,184▲ 19.3%
2024 · €60,524
Net result
€12,350▲ 86.5%
2024 · €6,623
Working capital
€54,515▲ 92.6%
2024 · €28,299
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€517▼ 95.2%€6,180▲ 1,096%€12,809▲ 107%€14,522▲ 13.4%€18,899▲ 30.1%
Net result-€2,285below the sector's middle half€4,011below the sector's middle half€8,442below the sector's middle half▲ 110%€6,623below the sector's middle half▼ 21.6%€12,350below the sector's middle half▲ 86.5%
Equity€109,615within the sector's middle half▼ 2.0%€116,327within the sector's middle half▲ 6.1%€29,469below the sector's middle half▼ 74.7%€35,258within the sector's middle half▲ 19.6%€45,943within the sector's middle half▲ 30.3%
Total assets€120,129within the sector's middle half▲ 1.3%€132,810within the sector's middle half▲ 10.6%€45,830below the sector's middle half▼ 65.5%€60,524below the sector's middle half▲ 32.1%€72,184below the sector's middle half▲ 19.3%
Debt€10,514▲ 56.1%€16,483▲ 56.8%€16,362▼ 0.7%€25,266▲ 54.4%€26,241▲ 3.9%
Working capital€60,912within the sector's middle half▲ 25.2%€81,372within the sector's middle half▲ 33.6%€9,321below the sector's middle half▼ 88.5%€28,299within the sector's middle half▲ 204%€54,515within the sector's middle half▲ 92.6%
Solvency91.2%above the sector's middle half▼ 3.1pp87.6%above the sector's middle half▼ 3.7pp64.3%within the sector's middle half▼ 23.3pp58.3%within the sector's middle half▼ 6.0pp63.6%within the sector's middle half▲ 5.4pp
Current ratio6.79above the sector's middle half▼ 1.435.94above the sector's middle half▼ 0.862.40within the sector's middle half▼ 3.542.84within the sector's middle half▲ 0.456.67above the sector's middle half▲ 3.83
Return on assets (ROA)-1.9%below the sector's middle half▼ 7.8pp3.0%below the sector's middle half▲ 4.9pp18.4%within the sector's middle half▲ 15.4pp10.9%within the sector's middle half▼ 7.5pp17.1%within the sector's middle half▲ 6.2pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 30% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72,184
Fixed assets
€8,061 ▼ 52.2%
Current assets
€64,122 ▲ 46.9%
Equity and liabilities €72,184
Equity
€45,943 ▲ 30.3%
Debt
€26,241 ▲ 3.9%
Debt's share of the balance-sheet total falls from 41.7% to 36.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29,980▲
2024 · €28,613
Cash flow
€23,431▲
2024 · €20,713
Debt to equity
0.57▼
2024 · 0.72
ROE
26.9%▲
2024 · 18.8%
Interest coverage
19.71▼
2024 · 31.75
Debt ≤ 1 year
€9,607▼
2024 · €15,346
Debt > 1 year
€15,500▲
2024 · €8,500
Income taxes
€5,537▼
2024 · €7,067
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,545 | €13,749 | €14,193 | €14,091 | €11,081 | ▼ 21.4% |
| Other operating charges640/8 | - | €1,686 | €1,608 | €1,722 | €1,876 | ▲ 9.0% |
| Non-recurring operating charges66A | - | €6,800 | - | - | - | - |
| Gross operating margin9900 | €17,647 | €28,415 | €28,610 | €30,335 | €31,856 | ▲ 5.0% |
| Operating profit (loss)9901 | €517 | €6,180 | €12,809 | €14,522 | €18,899 | ▲ 30.1% |
| Financial income75/76B | - | €387 | €238 | €69 | €509 | ▲ 640% |
| Recurring financial income75 | €2 | €387 | €238 | €69 | €509 | ▲ 640% |
| Financial charges65/66B | - | €310 | €839 | €901 | €1,521 | ▲ 68.8% |
| Recurring financial charges65 | €267 | €310 | €839 | €901 | €1,521 | ▲ 68.8% |
| Profit (loss) for the period before taxes9903 | €251 | €6,257 | €12,208 | €13,690 | €17,887 | ▲ 30.7% |
| Income taxes67/77 | €2,536 | €2,245 | €3,766 | €7,067 | €5,537 | ▼ 21.7% |
| Profit (loss) for the period9904 | -€2,285 | €4,011 | €8,442 | €6,623 | €12,350 | ▲ 86.5% |
| Profit (loss) for the period to be appropriated9905 | -€2,285 | €4,011 | €8,442 | €6,623 | €12,350 | ▲ 86.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €120,129 | €132,810 | €45,830 | €60,524 | €72,184 | ▲ 19.3% |
| Fixed assets21/28 | €48,703 | €34,954 | €29,830 | €16,879 | €8,061 | ▼ 52.2% |
| Tangible fixed assets22/27 | €48,703 | €34,954 | €29,830 | €16,879 | €8,061 | ▼ 52.2% |
| Plant, machinery and equipment23 | - | - | €1,608 | €1,777 | €622 | ▼ 65.0% |
| Furniture and vehicles24 | - | €31,521 | €22,843 | €10,606 | €1,643 | ▼ 84.5% |
| Other tangible fixed assets26 | - | €3,433 | €5,379 | €4,496 | €5,797 | ▲ 28.9% |
| Current assets29/58 | €71,426 | €97,855 | €16,001 | €43,645 | €64,122 | ▲ 46.9% |
| Amounts receivable within one year40/41 | €19,339 | €10,742 | €8,401 | €15,035 | €13,400 | ▼ 10.9% |
| Trade receivables40 | - | €10,742 | €6,399 | €12,888 | €13,400 | ▲ 4.0% |
| Other amounts receivable41 | - | - | €2,002 | €2,147 | - | - |
| Cash at bank and in hand54/58 | €48,962 | €86,046 | €5,325 | €26,272 | €48,310 | ▲ 83.9% |
| Deferred charges and accrued income490/1 | - | €1,067 | €2,274 | €2,338 | €2,413 | ▲ 3.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €120,129 | €132,810 | €45,830 | €60,524 | €72,184 | ▲ 19.3% |
| Equity10/15 | €109,615 | €116,327 | €29,469 | €35,258 | €45,943 | ▲ 30.3% |
| Contributions10/11 | - | €113,500 | €19,000 | €19,000 | €19,000 | = |
| Reserves13 | €1,900 | €2,827 | €10,469 | €16,258 | €26,943 | ▲ 65.7% |
| Non-distributable reserves130/1 | - | €1,900 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,900 | - | - | - | - |
| Distributable reserves133 | - | €927 | €10,469 | €16,258 | €26,943 | ▲ 65.7% |
| Profit (loss) carried forward14 | -€2,285 | - | - | - | - | - |
| Amounts payable17/49 | €10,514 | €16,483 | €16,362 | €25,266 | €26,241 | ▲ 3.9% |
| Amounts payable after more than one year17 | - | - | €8,500 | €8,500 | €15,500 | ▲ 82.4% |
| Other amounts payable178/9 | - | - | €8,500 | €8,500 | €15,500 | ▲ 82.4% |
| Amounts payable within one year42/48 | €10,514 | €16,483 | €6,680 | €15,346 | €9,607 | ▼ 37.4% |
| Trade debts44 | €3,519 | €1,769 | €1,782 | €2,475 | €3,329 | ▲ 34.5% |
| Suppliers440/4 | - | €1,769 | €1,782 | €2,475 | €3,329 | ▲ 34.5% |
| Taxes, remuneration and social security45 | - | €5,160 | €1,500 | €5,275 | €4,164 | ▼ 21.1% |
| Taxes450/3 | - | €3,285 | €1,500 | €5,275 | €4,164 | ▼ 21.1% |
| Remuneration and social security454/9 | - | €1,875 | - | - | - | - |
| Other amounts payable47/48 | - | €9,553 | €3,398 | €7,596 | €2,115 | ▼ 72.2% |
| Accrued charges and deferred income492/3 | - | - | €1,182 | €1,419 | €1,134 | ▼ 20.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,285 | €4,011 | €8,442 | €6,623 | €12,350 | ▲ 86.5% |
| + Depreciation and write-downs630 | €14,545 | €13,749 | €14,193 | €14,091 | €11,081 | ▼ 21.4% |
| Operating cash flow (approximation) | €12,261 | €17,760 | €22,635 | €20,713 | €23,431 | ▲ 13.1% |
| Investment in fixed assets (approximation) | - | €0 | -€9,068 | -€1,140 | -€2,263 | ▼ 98.6% |
| Change in cash | - | €37,084 | -€80,721 | €20,947 | €22,038 | ▲ 5.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €12,350 ▲86.5%
Operating result €18,899, net result €12,350, both a record.
30-09
Financial
Liquidity doublescurrent ratio 6.67
Current ratio from 2.84 to 6.67; short-term debt falls from €15,346 to €9,607.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €4,011
Net result €4,011 after one loss-making year.
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet -€2,285
Net result drops to -€2,285, the lowest in the series; recovery starts the following year.
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Beringen · 1 establishment unit since 1999
Ground area
441 m²
Building footprint
196 m²
Volume, LiDAR
1,314 m³
Parcel 71049B1203/00C002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Paalsesteenweg 296, 3583 Beringen
since 19992.221.185.578
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B1203/00C002 | Flanders | 441 m² | 1 · 196 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,075 companies in sector 69101 we hold annual accounts for 9,061. 7,178 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-10-1999
Fiscal year end30-09
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466981853
Also
9925:BE0466981853
Registered
09-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.