PATRIDAN
ActiveSummary
PATRIDAN has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €962k and a net result of €65k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 30% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70=
Solvency36▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days only on tighter terms
Liquidity tight (current ratio 1.38 against 0.4 in 2024; short-term debt: 12.5% and cash: 0.4% of total assets), and 89% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
11%
Return on assets
0.7%
Age of the figures
18 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-02-2026, 105 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
105 d late
2024
18 d late
2023
on the day
2022
30 d late
2021
54 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€962k▲ 7.3%
2024 · €897k
2019: €758k
2020: €770k▲ +1.6% vs 2019
2021: €631k▼ -18.1% vs 2020lowest in 7 years
2022: €791k▲ +25.4% vs 2021
2023: €808k▲ +2.2% vs 2022
2024: €897k▲ +11.0% vs 2023
2025: €962k▲ +7.3% vs 2024highest in 7 years
2019 → 2025
Total assets
€8.73M▼ 10.7%
2024 · €9.77M
2019: €1.89Mlowest in 7 years
2020: €5.02M▲ +166% vs 2019
2021: €8.61M▲ +71.4% vs 2020
2022: €9.07M▲ +5.4% vs 2021
2023: €9.96M▲ +9.8% vs 2022highest in 7 years
2024: €9.77M▼ -1.9% vs 2023
2025: €8.73M▼ -10.7% vs 2024
2019 → 2025
Net result
€65k▼ 26.5%
2024 · €89k
2019: €915
2020: €12k▲ +1239% vs 2019
2021: €-139k▼ -1237% vs 2020lowest in 7 years
2022: €160k▲ +215% vs 2021highest in 7 years
2023: €18k▼ -89.0% vs 2022
2024: €89k▲ +404% vs 2023
2025: €65k▼ -26.5% vs 2024
2019 → 2025
Working capital
€421k
2024 · €-3.57M
2019: €-571k
2020: €2.36M▲ +514% vs 2019highest in 7 years
2021: €-2.80M▼ -219% vs 2020
2022: €-2.60M▲ +7.4% vs 2021
2023: €-2.72M▼ -4.9% vs 2022
2024: €-3.57M▼ -31.1% vs 2023lowest in 7 years
2025: €421k▲ +112% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€631k-€791k▲ 25.4%€808k▲ 2.2%€897k▲ 11.0%€962k▲ 7.3%
2021: €631klowest in 5 years
2022: €791k▲ +25.4% vs 2021
2023: €808k▲ +2.2% vs 2022
2024: €897k▲ +11.0% vs 2023
2025: €962k▲ +7.3% vs 2024highest in 5 years
Operating result€-52k-€228k€115k▼ 49.7%€161k▲ 40.8%€148k▼ 8.6%
2021: €-52klowest in 5 years
2022: €228k▲ +534% vs 2021highest in 5 years
2023: €115k▼ -49.7% vs 2022
2024: €161k▲ +40.8% vs 2023
2025: €148k▼ -8.6% vs 2024
Net result€-139k-€160k€18k▼ 89.0%€89k▲ 404%€65k▼ 26.5%
2021: €-139klowest in 5 years
2022: €160k▲ +215% vs 2021highest in 5 years
2023: €18k▼ -89.0% vs 2022
2024: €89k▲ +404% vs 2023
2025: €65k▼ -26.5% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.73M
Fixed assets
€7.21M ▼ 2.8%
Current assets
€1.52M ▼ 35.7%
Equity and liabilities €8.73M
Equity
€962k ▲ 7.3%
Debt
€7.76M ▼ 12.5%
Debt's share of the balance-sheet total falls from 90.8% to 89.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€540k▲
2024 · €531k
Cash flow
€458k▼
2024 · €459k
Current ratio
1.38▲
2024 · 0.40
Debt to equity
8.07▼
2024 · 9.89
ROE
6.8%▼
2024 · 9.9%
ROA
0.7%▼
2024 · 0.9%
Interest coverage
6.40▼
2024 · 7.98
Debt ≤ 1 year
€1.09M▼
2024 · €5.93M
Debt > 1 year
€6.67M▲
2024 · €2.95M
Income taxes
€24k▼
2024 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9.77M€8.73M▼
Fixed assets21/28€7.42M€7.21M▼
Tangible fixed assets22/27€7.42M€7.21M▼
Land and buildings22€6.65M€6.52M▼
Plant, machinery and equipment23€280k€239k▼
Leasing and similar rights25€492k€449k▼
Current assets29/58€2.36M€1.52M▼
Amounts receivable within one year40/41€192k€1.47M▲
Trade receivables40€89k€67k▼
Other amounts receivable41€103k€1.41M▲
Cash at bank and in hand54/58€2.16M€38k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€9.77M€8.73M▼
Equity10/15€897k€962k▲
Contributions10/11€107k€107k=
Capital10€107k€107k=
Issued capital100€107k€107k=
Reserves13€790k€855k▲
Non-distributable reserves130/1€41k€41k=
Legal reserve130€41k€41k=
Distributable reserves133€749k€815k▲
Amounts payable17/49€8.88M€7.76M▼
Amounts payable after more than one year17€2.95M€6.67M▲
Financial debts170/4€2.95M€6.67M▲
Amounts payable within one year42/48€5.93M€1.09M▼
Current portion of amounts payable after more than one year42€432k€413k▼
Financial debts43€119k€0▼
Credit institutions430/8€119k€0▼
Other loans439€0-
Trade debts44€318k€400k▲
Suppliers440/4€318k€400k▲
Taxes, remuneration and social security45€74k€84k▲
Taxes450/3€74k€84k▲
Other amounts payable47/48€4.98M€199k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€370k€392k▲
Other operating charges640/8€146k€152k▲
Gross operating margin9900€677k€692k▲
Operating profit (loss)9901€161k€148k▼
Financial income75/76B€24k€27k▲
Recurring financial income75€24k€27k▲
Financial charges65/66B€67k€84k▲
Recurring financial charges65€67k€84k▲
Profit (loss) for the period before taxes9903€119k€90k▼
Income taxes67/77€30k€24k▼
Profit (loss) for the period9904€89k€65k▼
Profit (loss) for the period to be appropriated9905€89k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€89k€65k▼
Transfer to equity691/2€89k€65k▼
To other reserves6921€89k€65k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €395k | €367k | €365k | €370k | €392k | ▲ 6.2% |
| Other operating charges640/8 | - | €131k | €133k | €146k | €152k | ▲ 4.2% |
| Gross operating margin9900 | €406k | €726k | €613k | €677k | €692k | ▲ 2.2% |
| Operating profit (loss)9901 | €-52k | €228k | €115k | €161k | €148k | ▼ 8.6% |
| Financial income75/76B | - | €18k | €33k | €24k | €27k | ▲ 12.4% |
| Recurring financial income75 | €1k | €18k | €33k | €24k | €27k | ▲ 12.4% |
| Financial charges65/66B | - | €82k | €124k | €67k | €84k | ▲ 26.8% |
| Recurring financial charges65 | €88k | €82k | €124k | €67k | €84k | ▲ 26.8% |
| Profit (loss) for the period before taxes9903 | €-139k | €164k | €24k | €119k | €90k | ▼ 24.3% |
| Income taxes67/77 | - | €4k | €6k | €30k | €24k | ▼ 17.5% |
| Profit (loss) for the period9904 | €-139k | €160k | €18k | €89k | €65k | ▼ 26.5% |
| Profit (loss) for the period to be appropriated9905 | €-139k | €160k | €18k | €89k | €65k | ▼ 26.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.61M | €9.07M | €9.96M | €9.77M | €8.73M | ▼ 10.7% |
| Fixed assets21/28 | €8.35M | €8.00M | €7.63M | €7.42M | €7.21M | ▼ 2.8% |
| Tangible fixed assets22/27 | €8.35M | €8.00M | €7.63M | €7.42M | €7.21M | ▼ 2.8% |
| Land and buildings22 | - | €7.06M | €6.79M | €6.65M | €6.52M | ▼ 1.9% |
| Plant, machinery and equipment23 | - | €363k | €313k | €280k | €239k | ▼ 14.8% |
| Leasing and similar rights25 | - | €578k | €535k | €492k | €449k | ▼ 8.8% |
| Current assets29/58 | €257k | €1.07M | €2.33M | €2.36M | €1.52M | ▼ 35.7% |
| Amounts receivable within one year40/41 | €133k | €617k | €2.31M | €192k | €1.47M | ▲ 666% |
| Trade receivables40 | - | €106k | €48k | €89k | €67k | ▼ 24.4% |
| Other amounts receivable41 | - | €511k | €2.26M | €103k | €1.41M | ▲ 1,258% |
| Cash at bank and in hand54/58 | €120k | €450k | €14k | €2.16M | €38k | ▼ 98.2% |
| Deferred charges and accrued income490/1 | - | €4k | €3k | €5k | €5k | ▲ 2.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.61M | €9.07M | €9.96M | €9.77M | €8.73M | ▼ 10.7% |
| Equity10/15 | €631k | €791k | €808k | €897k | €962k | ▲ 7.3% |
| Contributions10/11 | €107k | €107k | €107k | €107k | €107k | = |
| Capital10 | - | €107k | €107k | €107k | €107k | = |
| Issued capital100 | - | €107k | €107k | €107k | €107k | = |
| Reserves13 | €669k | €683k | €701k | €790k | €855k | ▲ 8.3% |
| Non-distributable reserves130/1 | - | €41k | €41k | €41k | €41k | = |
| Legal reserve130 | - | €41k | €41k | €41k | €41k | = |
| Distributable reserves133 | - | €643k | €660k | €749k | €815k | ▲ 8.7% |
| Profit (loss) carried forward14 | €-145k | - | - | - | - | - |
| Amounts payable17/49 | €7.98M | €8.28M | €9.15M | €8.88M | €7.76M | ▼ 12.5% |
| Amounts payable after more than one year17 | €4.91M | €4.61M | €4.10M | €2.95M | €6.67M | ▲ 126% |
| Financial debts170/4 | - | €4.61M | €4.10M | €2.95M | €6.67M | ▲ 126% |
| Amounts payable within one year42/48 | €3.06M | €3.67M | €5.05M | €5.93M | €1.09M | ▼ 81.5% |
| Current portion of amounts payable after more than one year42 | - | €471k | €308k | €432k | €413k | ▼ 4.5% |
| Financial debts43 | - | - | €144k | €119k | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €119k | €0 | ▼ 100% |
| Other loans439 | - | - | €144k | €0 | - | - |
| Trade debts44 | €109k | €135k | €199k | €318k | €400k | ▲ 25.9% |
| Suppliers440/4 | - | €135k | €199k | €318k | €400k | ▲ 25.9% |
| Taxes, remuneration and social security45 | - | €31k | €38k | €74k | €84k | ▲ 12.4% |
| Taxes450/3 | - | €31k | €38k | €74k | €84k | ▲ 12.4% |
| Other amounts payable47/48 | - | €3.03M | €4.36M | €4.98M | €199k | ▼ 96.0% |
| Accrued charges and deferred income492/3 | - | €600 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-139k | €160k | €18k | €89k | €65k | ▼ 26.5% |
| + Depreciation and write-downs630 | €395k | €367k | €365k | €370k | €392k | ▲ 6.2% |
| Operating cash flow (approximation) | €256k | €527k | €382k | €459k | €458k | ▼ 0.2% |
| Investment in fixed assets (approximation) | - | €-17k | €1 | €-152k | €-185k | ▼ 21.6% |
| Change in cash | - | €330k | €-435k | €2.14M | €-2.12M | ▼ 199% |
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
13-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 105 days late
2025
31-03
Financial
Liquidity triplescurrent ratio 1.38
Current ratio from 0.40 to 1.38; short-term debt falls from €5.93M to €1.09M.
2024
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
31-03
Financial
Back to profitnet €160k
Net result €160k after one loss-making year.
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 54 days late
31-03
Financial
Weakest financial yearnet €-139k
Net result drops to €-139k, the lowest in the series; recovery starts the following year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
31-03
Financial
Liquidity times 6current ratio 2.89
Current ratio from 0.49 to 2.89.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2016
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2015
12-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
8 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, Beerse · 1 establishment unit since 1991
Ground area
4,916 m²
Building footprint
2,127 m²
Volume, LiDAR
11,830 m³
Parcel 13004C0385/00K015, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PATRIDAN
since 19912.229.938.740
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004C0385/00K015 | Flanders | 4,916 m² | 1 · 2,127 m² | 11.2 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.
Similar companies · same sector, comparable size
Exploitatiemaatschappij Klein Strand
BE 0895.498.654
Jabbeke · Eq €960k
Burdi-Cash
BE 0890.567.787
Antwerpen · Eq €954k
S.A.W.
BE 0889.917.590
Lievegem · Eq €982k
MONNIE
BE 0830.194.987
Staden · Eq €935k
CAMPING IDEAL
BE 0424.849.805
De Haan · Eq €995k
Of 588 companies in sector 68204 we hold annual accounts for 317. 230 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded31-12-1990
Fiscal year end31-03
Activities, NACEBEL 2025
68204Real estate activities
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.