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PATRIS

Active Public limited companyfounded 1996active for 30 yearsLimnanderdreef 44, 9870 ZulteKBO/BCE: BE 0457.369.153 subsidiary of #6 company by equity in Zulte, Real estate sector
Part of the group 11 companies

Lifetime

20 annual accounts with figures on one time axis, 30 filings since 1996
peak €142,509 (2017)
-not published
lowest -€73,941 (2024)
€3.5m▲ €3.5m
peak €6.9m (2025)
€6.9m▲ 75.0%
€104,885▼ 89.5%
Board11 names since 2019
1 director
Owners2 names in the annual accounts
100%
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €54,740 to €4.7mBack to profit: €3.5mReappointment: (statutory auditor) 05-09Dividend €513,000Equity from €3.9m to €6.9mDebts from €995,257 to €104,885

Key points

from the 2025 annual accounts

Equity

€6.9m ▲ 75.0%
3.92024+3.5Profit-0.5Dividend6.92025

PATRIS paid out €513,000 in dividends. That is 15% of the 2025 profit.

Result

€3.5m €3.5m
-€73,9002024€3.5m2025

Back in profit in 2025, after a loss of €73,941 in 2024.

Turnover

≈ €5.7m estimated

The abbreviated format states no turnover.

Investments

€314,612 5.0 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Liquidity

54.22 was 0.68 in 2024

Short-term debts fell from €918,764 to €104,885.

Position in the sector

€3.5m

Higher net result than 95% of companies in real estate. Sector median €12,760 · 12,433 companies.

2025 accounts filed 31 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,575 companies had the same profile as PATRIS has now. Each dot stands for 4 companies, two years later.

96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 1,575 companies, not a prediction for PATRIS. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, , since 30-09-2019
Auditor,
  • 100%score equity €12.1m (2024) · annual accounts 2025
Board & ownership

Recent changes

Environmental permit granted Een grond gebruiken, aanleggen of inrichten, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Zulte
Registered in the Peppol Directory Reachable for e-invoices through 0208:0457369153
Reappointment: (statutory auditor) Permanent representative: · General meeting of 30-06-2025 · Gazette deed
Reappointment: (statutory auditor) General meeting of 10-06-2022 · Gazette deed
All 52 events

Comparable companies

same main activity, similar in size and age
Company
PATRIS Zulte €8.3m €4.7m 83.2% -
STRAATSBURGDOK Antwerp €7.8m €3.7m 70.0% -
SOPIMAR Schilde €9.0m €3.6m 54.9% 0
IMMODEG Ghent €8.6m €8.5m 91.7% 4.1
Het Lamoen Aalst €4.8m €5.4m 94.9% -
RETAILPARK BEVEREN Beveren-Kruibeke-Zwijndrecht €9.9m €2.4m 55.8% -
IMMO F.A.R. Beveren-Kruibeke-Zwijndrecht €13.2m €3.0m 52.2% 0

These companies have the same main activity as PATRIS: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €4.8m and €13m, founded between 1987 and 2003.

Official details

Source: KBO
Status
Active since 24-02-1996Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
Establishment unit
2.075.703.5929870 Zulte, since 19-03-1996
Financial year end
31 December
Peppol
Reachable since 12-01-2026
Company details

Annual accounts 2025

€8.3m▲ 63.3%
Filing
Filed on 31-08-2026
Financials

Insights on PATRIS

Solvency rose in 2025 from 77.7% to 83.2% because of the retained profit and lower debts.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PATRIS

What is the company number of PATRIS?
The company number of PATRIS is 0457.369.153. The VAT number is the same number with BE in front: BE 0457.369.153.
Where is PATRIS based?
The registered office is at Limnanderdreef 44, 9870 Zulte.Company details
What does PATRIS do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of PATRIS?
PATRIS is a public limited company (NV).
When was PATRIS founded?
PATRIS was founded on 24-02-1996.
Is PATRIS still active?
Yes, PATRIS is an active enterprise in the KBO register.
What is the turnover of PATRIS?
The turnover in financial year 2025 is ≈ €5.7m. This figure is estimated from the gross margin of €4.7m and 32 comparable companies (NACE 68203). It probably lies between €4.7m and €6.6m.Financials
Is PATRIS profitable?
In financial year 2025, PATRIS made a profit of €3.5m.
Where can I find the annual accounts of PATRIS?
PATRIS filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PATRIS due?
PATRIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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