PATRITIUS
ActivePATRITIUS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €171k and a net result of €86k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 669 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
86
/ 100
Excellent▲ +10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency76▲+44
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.42 against 1.49 in 2023), but 65.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
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 30-10-2025, 91 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
91 d late
2023
58 d late
2022
29 d late
2021
2 d early
2020
90 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€171k▲ 100%
2023 · €85k
2018: €46k
2019: €52k
2020: €-121k
2021: €-113k
2022: €-46k
2023: €85k
2018 → 2024
Total assets
€496k▼ 16.7%
2023 · €595k
2018: €315k
2019: €334k
2020: €251k
2021: €420k
2022: €404k
2023: €595k
2018 → 2024
Net result
€86k▼ 34.9%
2023 · €131k
2018: €-4k
2019: €7k
2020: €-173k
2021: €8k
2022: €67k
2023: €131k
2018 → 2024
Working capital
€206k▲ 47.0%
2023 · €140k
2018: €-37k
2019: €-18k
2020: €-92k
2021: €98k
2022: €137k
2023: €140k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-121k-€-113k▲ 6.3%€-46k▲ 59.2%€85k€171k▲ 100%
Operating result€-172k-€9k€71k▲ 670%€141k▲ 98.1%€110k▼ 21.9%
Net result€-173k-€8k€67k▲ 783%€131k▲ 96.3%€86k▼ 34.9%
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 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €496k
Fixed assets
€144k▼ 14.1%
Current assets
€352k▼ 17.7%
Equity and liabilities €496k
Equity
€171k▲ 100%
Debt
€325k▼ 36.3%
The debt ratio falls from 85.7% to 65.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€155k▼
2023 · €174k
Cash flow
€130k▼
2023 · €164k
Solvency
34.4%▲
2023 · 14.3%
Current ratio
2.42▲
2023 · 1.49
Quick ratio
2.41▲
2023 · 1.48
Debt / equity
1.90▼
2023 · 5.98
ROE
50.1%▼
2023 · 154.1%
ROA
17.2%▼
2023 · 22.1%
Interest coverage
9.48▼
2023 · 13.46
Debt
€325k▼
2023 · €510k
Debt ≤ 1 year
€146k▼
2023 · €287k
Debt > 1 year
€61k▼
2023 · €95k
Income taxes
€13k▲
2023 · €428
Staff costs
€164k▲
2023 · €137k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€595k€496k▼
Fixed assets21/28€168k€144k▼
Tangible fixed assets22/27€167k€143k▼
Plant, machinery and equipment23€97k€88k▼
Furniture and vehicles24€18k€15k▼
Leasing and similar rights25€51k€40k▼
Financial fixed assets28€500€500=
Current assets29/58€428k€352k▼
Amounts receivable after more than one year29€122k€122k=
Other amounts receivable291€122k€122k=
Stocks and contracts in progress3€970€782▼
Stocks30/36€970€782▼
Amounts receivable within one year40/41€70k€24k▼
Trade receivables40€58k€18k▼
Other amounts receivable41€12k€6k▼
Current investments50/53€100k€0▼
Cash at bank and in hand54/58€127k€183k▲
Deferred charges and accrued income490/1€8k€23k▲
Equity and liabilities
Total equity and liabilities10/49€595k€496k▼
Equity10/15€85k€171k▲
Contributions10/11€202k€202k=
Reserves13€17k€17k=
Tax-exempt reserves132€17k€17k=
Profit (loss) carried forward14€-134k€-49k▲
Amounts payable17/49€510k€325k▼
Amounts payable after more than one year17€95k€61k▼
Financial debts170/4€95k€61k▼
Amounts payable within one year42/48€287k€146k▼
Current portion of amounts payable after more than one year42€34k€35k▲
Trade debts44€197k€78k▼
Suppliers440/4€197k€78k▼
Advances received on contracts in progress46€13k€4k▼
Taxes, remuneration and social security45€44k€29k▼
Taxes450/3€27k€13k▼
Remuneration and social security454/9€16k€16k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€127k€119k▼
Income statement
Code20232024
Remuneration, social security and pensions62€137k€164k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€45k▲
Other operating charges640/8€68k€33k▼
Gross operating margin9900€378k€352k▼
Operating profit (loss)9901€141k€110k▼
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€13k€16k▲
Recurring financial charges65€13k€16k▲
Profit (loss) for the period before taxes9903€132k€98k▼
Income taxes67/77€428€13k▲
Profit (loss) for the period9904€131k€86k▼
Profit (loss) for the period to be appropriated9905€131k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-134k€-49k▲
Profit (loss) brought forward from the previous period14P€-265k€-134k▲
Social balance
Average headcount (FTE)90873.64.0▲
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 91 days late
2024
31-12
Financial
Equity above €150kEq €171k ▲100%
4 profitable years in a row build equity to €171k.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
31-12
Financial
Highest result since 2018net €131k ▲96.3%
Operating result €141k, net result €131k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.39
Current ratio from 0.66 to 1.39; short-term debt falls from €269k to €253k.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €-173k ▼2743%
Net result drops to €-173k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 84 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brugge · 1 establishment unit since 1993
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.
Riddersstraat 118000 BruggeGround area
879 m²
Building footprint
314 m²
Volume, LiDAR
4,174 m³
Parcel 31005A0709/00C000, Flanders · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Hotel Patritius
since 19932.060.640.086
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31005A0709/00C000 | Flanders | 879 m² | 1 · 314 m² | 16.9 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 8,889 EUR awarded · 8,889 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1 EUR | 1 EUR |
| 2024 | 1 | 195 EUR | 195 EUR |
| 2023 | 1 | 4,727 EUR | 4,727 EUR |
| 2022 | 1 | 3,966 EUR | 3,966 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.060.640.086
Similar companies · same sector, comparable size
BaseCamp Brussels
BE 0676.661.706
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EUROACTIVA
BE 0734.474.496
Schaarbeek · Eq €171k
LEKKER LANG SLAPEN
BE 0762.993.981
Gent · Eq €170k
DOMAINE DU CHATEAU DE LA NEUVILLE
BE 0878.693.702
Huy · Eq €169k
EXPLOITATIEMAATSCHAPPIJ ISB
BE 0801.421.324
Brugge · Eq €172k
Of 2,384 companies in sector 55100 we hold annual accounts for 1,507. 1,092 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-1992
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
55101Hotels
55102
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.