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Patrivan

Active
Public limited companyfounded 199332 yrs activeWaregemseweg (W.) 110, 9790 Wortegem-Petegem, BelgiumKBO/BCE: BE 0450.945.179

Patrivan has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203k and a net result of €-10k. Equity is shrinking by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 31697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
68 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▲+44
Solvency75▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.09 in 2024; short-term debt: 29.2% and cash: 1% of total assets), and 50.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-10k
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 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
5 d early
2023
on the day
2022
6 d early
2021
31 d early
2020
11 d early
2019
13 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€203k▼ 4.8%
2024 · €213k
2018: €188k 2019: €337k 2020: €308k 2021: €321k 2022: €309k 2023: €274k 2024: €213k
2018 → 2025
Total assets
€410k▼ 10.5%
2024 · €458k
2018: €269k 2019: €465k 2020: €441k 2021: €439k 2022: €423k 2023: €510k 2024: €458k
2018 → 2025
Net result
€-10k▲ 83.0%
2024 · €-61k
2018: €3k 2019: €149k 2020: €-30k 2021: €-983 2022: €-12k 2023: €-35k 2024: €-61k
2018 → 2025
Working capital
€-116k▼ 13.2%
2024 · €-102k
2018: €-26k 2019: €-3k 2020: €-15k 2021: €-19k 2022: €-7k 2023: €-92k 2024: €-102k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€321k-€309k▼ 3.7%€274k▼ 11.4%€213k▼ 22.2%€203k▼ 4.8%
Operating result€-2k-€-13k▼ 669%€-35k▼ 176%€-58k▼ 64.5%€-28k▲ 52.2%
Net result€-983-€-12k▼ 1,115%€-35k▼ 195%€-61k▼ 72.4%€-10k▲ 83.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-80k€-60k€-40k€-20k€0Operating result 2021: €-2k€-2kNet result 2021: €-983€-983Operating result 2022: €-13k€-13kNet result 2022: €-12k€-12kOperating result 2023: €-35k€-35kNet result 2023: €-35k€-35kOperating result 2024: €-58k€-58kNet result 2024: €-61k€-61kOperating result 2025: €-28k€-28kNet result 2025: €-10k€-10k20212022202320242025
The operating result stays negative: a loss of €28k in 2025 against €58k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €410k
Fixed assets €406k▼ 9.5%
Current assets €4k▼ 58.5%
Equity and liabilities €410k
Equity €203k▼ 4.8%
Provisions €45k▼ 32.4%
Debt €162k▼ 9.2%
The debt ratio rises from 39.0% to 39.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€15k
2024 · €-15k
Cash flow
€32k
2024 · €-18k
Solvency
49.5%
2024 · 46.6%
Current ratio
0.03
2024 · 0.09
Quick ratio
0.03
2024 · 0.09
Debt / equity
0.80
2024 · 0.84
ROE
-5.1%
2024 · -28.5%
ROA
-2.5%
2024 · -13.3%
Interest coverage
3.63
2024 · -2.85
Debt
€162k
2024 · €178k
Debt ≤ 1 year
€119k
2024 · €112k
Debt > 1 year
€43k
2024 · €67k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€458k€410k
Fixed assets21/28€448k€406k
Tangible fixed assets22/27€448k€406k
Land and buildings22€448k€406k
Current assets29/58€9k€4k
Cash at bank and in hand54/58€9k€4k
Equity and liabilities
Total equity and liabilities10/49€458k€410k
Equity10/15€213k€203k
Contributions10/11€87k€87k=
Capital10€87k€87k=
Issued capital100€87k€87k=
Reserves13€335k€276k
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Tax-exempt reserves132€198k€140k
Distributable reserves133€128k€128k=
Profit (loss) carried forward14€-208k€-160k
Provisions and deferred taxes16€66k€45k
Deferred taxes168€66k€45k
Amounts payable17/49€178k€162k
Amounts payable after more than one year17€67k€43k
Financial debts170/4€67k€43k
Amounts payable within one year42/48€112k€119k
Current portion of amounts payable after more than one year42€23k€24k
Trade debts44€11k-
Suppliers440/4€11k-
Other amounts payable47/48€77k€95k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€43k=
Other operating charges640/8€4k€4k
Gross operating margin9900€-11k€19k
Operating profit (loss)9901€-58k€-28k
Financial income75/76B€873-
Recurring financial income75€873-
Financial charges65/66B€5k€4k
Recurring financial charges65€5k€4k
Profit (loss) for the period before taxes9903€-62k€-32k
Transfer from deferred taxes780€1k€21k
Profit (loss) for the period9904€-61k€-10k
Transfer from tax-exempt reserves789€4k€59k
Profit (loss) for the period to be appropriated9905€-57k€48k
Appropriation of the result
Profit (loss) to be appropriated9906€-208k€-160k
Profit (loss) brought forward from the previous period14P€-151k€-208k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
28-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
30-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
24-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
19-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
17-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Highest result since 2018net €149k ▲5511%
Operating result €228k, net result €149k, both a record.
30-09
Financial Equity above €200kEq €337k ▲79%
2 profitable years in a row build equity to €337k.
29-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
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.

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, Wortegem-Petegem · 1 establishment unit since 1993
establishment The establishment unit on the map
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.

Waregemseweg (W.) 1109790 Wortegem-Petegem
Ground area
1,256 m²
Building footprint
258 m²
Volume, LiDAR
1,217 m³
Parcel 45055C0171/00F000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PATRIVAN NV
Waregemseweg (W.) 110, 9790 Wortegem-PetegemWholesale of wines and spirits
since 19932.064.540.476
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45055C0171/00F000 Flanders 1,256 m² 1 · 258 m² 6.7 m · 2 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.

Similar companies · same sector, comparable size

Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 40,022 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded27-09-1993
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.