PATRIS
ActiveSummary
PATRIS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €294,253 and a net result of €28,839. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 73% of 2937 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+8
Solvency79▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.43 against 0.24 in 2023; short-term debt: 39.9% and cash: 8.2% of total assets), and 46.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more 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
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 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
not confirmed
2024
92 d late
2023
216 d late
2022
582 d late
2021
159 d late
2020
76 d late
2019
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 202 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€294,253▲ 10.9%
2023 · €265,414
Total assets
€546,630▲ 19.6%
2023 · €457,187
Net result
€28,839
2023 · -€4,913
Working capital
-€124,496▼ 13.2%
2023 · -€109,949
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€88,173▲ 1,157%€181,865▲ 106%-€8,195-€1,302▲ 84.1%€45,543
Net result€71,202above the sector's middle half€155,123above the sector's middle half▲ 118%-€11,170below the sector's middle half-€4,913within the sector's middle half▲ 56.0%€28,839within the sector's middle half
Equity€142,104above the sector's middle half▲ 98.9%€281,497above the sector's middle half▲ 98.1%€270,327above the sector's middle half▼ 4.0%€265,414within the sector's middle half▼ 1.8%€294,253within the sector's middle half▲ 10.9%
Total assets€222,054above the sector's middle half▲ 15.6%€633,041above the sector's middle half▲ 185%€508,485above the sector's middle half▼ 19.7%€457,187within the sector's middle half▼ 10.1%€546,630within the sector's middle half▲ 19.6%
Debt€79,949▼ 33.7%€351,544▲ 340%€238,158▼ 32.3%€191,773▼ 19.5%€252,377▲ 31.6%
Working capital€88,751▲ 275%€28,400▼ 68.0%-€75,082-€109,949▼ 46.4%-€124,496▼ 13.2%
Solvency64.0%above the sector's middle half▲ 26.8pp44.5%within the sector's middle half▼ 19.5pp53.2%within the sector's middle half▲ 8.7pp58.1%above the sector's middle half▲ 4.9pp53.8%within the sector's middle half▼ 4.2pp
Staff (FTE)3.3within the sector's middle half▼ 10.8%5.6▲ 69.7%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €45,543 after a loss of €1,302 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €546,630
Fixed assets
€452,931 ▲ 7.2%
Current assets
€93,699 ▲ 170%
Equity and liabilities €546,630
Equity
€294,253 ▲ 10.9%
Debt
€252,377 ▲ 31.6%
Debt's share of the balance-sheet total rises from 41.9% to 46.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€113,245▲
2023 · €53,032
Cash flow
€96,540▲
2023 · €49,420
Current ratio
0.43▲
2023 · 0.24
Quick ratio
0.37▲
2023 · 0.18
Debt to equity
0.86▲
2023 · 0.72
ROE
9.8%▲
2023 · -1.9%
ROA
5.3%▲
2023 · -1.1%
Interest coverage
7.01▼
2023 · 14.68
Debt ≤ 1 year
€218,195▲
2023 · €144,668
Debt > 1 year
€34,182▼
2023 · €47,105
Income taxes
€568
Staff costs
€439,576▼
2023 · €486,387
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 20,082 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €175,830 | €338,262 | €486,387 | €439,576 | ▼ 9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,928 | €28,279 | €44,162 | €54,334 | €67,701 | ▲ 24.6% |
| Other operating charges640/8 | - | €10,819 | €6,938 | €7,085 | €6,788 | ▼ 4.2% |
| Gross operating margin9900 | €240,655 | €396,793 | €381,167 | €546,504 | €559,609 | ▲ 2.4% |
| Operating profit (loss)9901 | €88,173 | €181,865 | -€8,195 | -€1,302 | €45,543 | ▲ 3,599% |
| Financial income75/76B | - | €1 | €49 | €1 | €7 | ▲ 430% |
| Recurring financial income75 | - | €1 | €49 | €1 | €7 | ▲ 430% |
| Financial charges65/66B | - | €7,267 | €3,024 | €3,613 | €16,144 | ▲ 347% |
| Recurring financial charges65 | €6,528 | €7,267 | €3,024 | €3,613 | €16,144 | ▲ 347% |
| Profit (loss) for the period before taxes9903 | €81,645 | €174,599 | -€11,170 | -€4,913 | €29,406 | ▲ 699% |
| Income taxes67/77 | €10,443 | €19,477 | - | - | €568 | - |
| Profit (loss) for the period9904 | €71,202 | €155,123 | -€11,170 | -€4,913 | €28,839 | ▲ 687% |
| Profit (loss) for the period to be appropriated9905 | €71,202 | €155,123 | -€11,170 | -€4,913 | €28,839 | ▲ 687% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €222,054 | €633,041 | €508,485 | €457,187 | €546,630 | ▲ 19.6% |
| Fixed assets21/28 | €114,647 | €314,391 | €405,269 | €422,469 | €452,931 | ▲ 7.2% |
| Tangible fixed assets22/27 | €114,647 | €305,691 | €396,569 | €413,769 | €444,231 | ▲ 7.4% |
| Land and buildings22 | - | €251,599 | €297,836 | €334,030 | €346,063 | ▲ 3.6% |
| Plant, machinery and equipment23 | - | €31,102 | €55,828 | €44,446 | €61,634 | ▲ 38.7% |
| Furniture and vehicles24 | - | €22,990 | €36,037 | €29,126 | €31,069 | ▲ 6.7% |
| Other tangible fixed assets26 | - | - | €6,869 | €6,167 | €5,465 | ▼ 11.4% |
| Financial fixed assets28 | - | €8,700 | €8,700 | €8,700 | €8,700 | = |
| Current assets29/58 | €107,407 | €318,650 | €103,216 | €34,719 | €93,699 | ▲ 170% |
| Stocks and contracts in progress3 | €6,282 | €9,295 | €19,234 | €8,528 | €13,569 | ▲ 59.1% |
| Stocks30/36 | - | €9,295 | €19,234 | €8,528 | €13,569 | ▲ 59.1% |
| Amounts receivable within one year40/41 | €38,604 | €169,640 | €47,799 | €1,401 | €18,770 | ▲ 1,240% |
| Trade receivables40 | - | €40,957 | €45,732 | - | €1,772 | - |
| Other amounts receivable41 | - | €128,683 | €2,067 | €1,401 | €16,999 | ▲ 1,113% |
| Cash at bank and in hand54/58 | €62,520 | €139,715 | €36,183 | €9,697 | €44,708 | ▲ 361% |
| Deferred charges and accrued income490/1 | - | - | - | €15,093 | €16,652 | ▲ 10.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €222,054 | €633,041 | €508,485 | €457,187 | €546,630 | ▲ 19.6% |
| Equity10/15 | €142,104 | €281,497 | €270,327 | €265,414 | €294,253 | ▲ 10.9% |
| Contributions10/11 | €15,122 | €15,122 | €15,122 | €15,122 | €15,122 | = |
| Capital10 | - | €15,122 | €15,122 | €15,122 | €15,122 | = |
| Issued capital100 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Uncalled capital101 | - | €3,471 | €3,471 | €3,471 | €3,471 | = |
| Reserves13 | €126,983 | €266,376 | €255,206 | €250,293 | €279,131 | ▲ 11.5% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | €264,516 | €253,347 | €248,433 | €277,272 | ▲ 11.6% |
| Amounts payable17/49 | €79,949 | €351,544 | €238,158 | €191,773 | €252,377 | ▲ 31.6% |
| Amounts payable after more than one year17 | €61,294 | €61,294 | €59,860 | €47,105 | €34,182 | ▼ 27.4% |
| Financial debts170/4 | - | €61,294 | €59,860 | €47,105 | €34,182 | ▼ 27.4% |
| Amounts payable within one year42/48 | €18,656 | €290,250 | €178,298 | €144,668 | €218,195 | ▲ 50.8% |
| Current portion of amounts payable after more than one year42 | - | €59,341 | €12,588 | €18,742 | €12,923 | ▼ 31.0% |
| Trade debts44 | €7,012 | €36,791 | €90,487 | €30,523 | €67,473 | ▲ 121% |
| Suppliers440/4 | - | €36,791 | €90,487 | €30,523 | €67,473 | ▲ 121% |
| Taxes, remuneration and social security45 | - | €171,346 | €56,440 | €61,278 | €83,148 | ▲ 35.7% |
| Taxes450/3 | - | €157,949 | €19,482 | €21,939 | €39,270 | ▲ 79.0% |
| Remuneration and social security454/9 | - | €13,398 | €36,958 | €39,339 | €43,878 | ▲ 11.5% |
| Other amounts payable47/48 | - | €22,772 | €18,783 | €34,125 | €54,650 | ▲ 60.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €71,202 | €155,123 | -€11,170 | -€4,913 | €28,839 | ▲ 687% |
| + Depreciation and write-downs630 | €15,928 | €28,279 | €44,162 | €54,334 | €67,701 | ▲ 24.6% |
| Operating cash flow (approximation) | €87,131 | €183,402 | €32,992 | €49,420 | €96,540 | ▲ 95.3% |
| Investment in fixed assets (approximation) | - | -€228,023 | -€135,040 | -€71,533 | -€98,164 | ▼ 37.2% |
| Change in cash | - | €77,195 | -€103,532 | -€26,486 | €35,011 | ▲ 232% |
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 92 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 216 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 582 days late
2024
31-12
Financial
Back to profitnet €28,839
Net result €28,839 after 2 loss-making years.
2023
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 159 days late
2021
31-12
Financial
Highest result since 2018net €155,123 ▲118%
Operating result €181,865, net result €155,123, both a record.
31-12
Financial
Equity above €200,000Eq €281,497 ▲98.1%
2 profitable years in a row build equity to €281,497.
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
2020
31-12
Financial
Back to profitnet €71,202
Net result €71,202 after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 5.76
Current ratio from 1.50 to 5.76; short-term debt falls from €46,911 to €18,656.
31-12
Financial
Equity above €100,000Eq €142,104 ▲98.9%
Equity rises from €71,437 to €142,104.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
Show earlier events
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 50 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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, Knokke-Heist · 2 establishment units since 1989
Ground area
256 m²
Building footprint
303 m²
Volume, LiDAR
5,988 m³
Parcel 31334B0013/00A000, Flanders · tallest building 25.2 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
ALEXANDRA
since 19892.043.413.183
BARAVINA
since 20212.317.616.248
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0013/00A000 | Flanders | 256 m² | 1 · 303 m² | 25.2 m · 8 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 8,891 EUR awarded · 8,891 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,301 EUR | 1,301 EUR |
| 2024 | 1 | 2,517 EUR | 2,517 EUR |
| 2023 | 1 | 2,374 EUR | 2,374 EUR |
| 2022 | 1 | 2,699 EUR | 2,699 EUR |
Recognitions · licences · registrations
Food safety, FASFC
2 sitesKnokke-Heist2.043.413.183
Knokke-Heist2.317.616.248
Dual-learning approval
4 live approvals · 1 endedHulpkelner (vwo)
Hulpkelner duaal (so)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Show 1 ended approval
Keukenmedewerker (so)
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,454. 7,712 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
Founded28-04-1989
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0437346571
Also
9925:BE0437346571
Registered
01-03-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.