Equity
€3.2m ▼ 0.8%
Patriven paid out €160,000 in dividends. That is 121% of the 2025 profit.
Patriven
Lifetime
19 annual accounts with figures on one time axis, 32 filings since 1993peak €930,732 (2021)
€287,854▼ 19.4%
lowest -€34,218 (2009)
€132,762▼ 46.2%
peak €4.2m (2023)
€3.2m▼ 0.8%
€2.5m▲ 85.2%
Board4 names since 2016
2 directorsKuysters Luc and 1 other
Owners2 names in the annual accounts
100%Laborex Group
Documentsfilings and deeds
09-06-202652 days before the deadline
2025abbreviated format
Gross margin from €357,281 to €287,854Result from €246,601 to €132,762Dividend €160,000Debts from €1.4m to €2.5mCash from €111,451 to €182,849
Key points
from the 2025 annual accountsResult
€132,762 ▼ 46.2%
The result fell in 2025 from €246,601 to €132,762.
Turnover
≈ €510,000 estimated
The accounts state no turnover.
Liquidity
4.52 was 2.45 in 2024
Short-term debts rose from €65,397 to €293,059.
Restructuring
2
2 restructurings since 2024. Latest: branch transferred to CCH Antwerp.
Position in the sector
€3.2m
More equity than 90% of companies in real estate. Sector median €300,471 · 11,294 companies.
Checked score
95
Excellent
Financially stronger than 60% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,998 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.2%▲ +0.1 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.4%▲ +0.2 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.6%▲ +0.2 percentage points vs 05-2025
07-2025: 1.1%▲ +0.5 percentage points vs 06-2025highest value
08-2025: < 0.1%▼ -1.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 4.52, cash €182,849
lowers risk
Size: total assets €5.8m
Figures for financial year 2025 (filed on 10-06-2026)
Founded in 1992
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 73% of them on solvency, 77% on liquidity, 53% on profitability and 38% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as Patriven has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Patriven itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 14,766 companies, not a prediction for Patriven. 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
Credit of up to €300,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.52 (2.45 in 2024), above the usual 1.5. Short-term debt is 5.1% and cash 3.2% of total assets. 44% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 days early
2024
17 days early
2023
16 days early
2022
on the day
2021
21 days late
2020
20 days early
2019
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Laborex Group 100%equity €6.6m (2025) · 2025 annual accounts of Laborex Group
Shares in 1 company, Laborex Group
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0447429326
Demerger: PATRIVEN splits off to CCH Antwerp
Founding capital of €767,811.33 · Capital decrease of €22,814.80 to €889,185.20 · Capital from €912,000 to €889,185.20 · General meeting of 26-01-2024 · Gazette deed
Capital increase of €850,000 to €912,000
Capital from €62,000 to €912,000 · Contributions: KUYSTERS Luc Joseph Juliette (€425,000); KUYSTERS Wim Bert Frans (€425,000) · Appointments: KUYSTERS Luc Joseph Juliette (managing director) and KUYSTERS Wim Bert Frans (managing director) · General meeting of 22-01-2024 · Gazette deed
Demerger proposal: Patriven splits off to CCH Antwerp BV
Appointment: Roeckens BV (statutory auditor) · Wim Kuysters holds 1,250 shares · Luc Kuysters holds 1,250 shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Patriven Olen | €5.8m | €287,854 | 56.0% | - |
| ONLINE Beveren-Kruibeke-Zwijndrecht | €6.2m | €284,025 | 8.6% | - |
| BURODIME Ans | €6.7m | €263,874 | 67.9% | 1 |
| DECO GROUP Pelt | €5.7m | €403,247 | 4.8% | - |
| DE TOEKOMST Jette | €4.9m | €214,650 | 41.1% | - |
| MAENE-VANWALLEGHEM IMMO Jabbeke | €5.3m | €332,971 | 6.1% | 0.8 |
| DOMACO Brecht | €6.6m | €353,595 | 61.2% | - |
These companies have the same main activity as Patriven: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €4.9m and €6.7m, founded between 1986 and 1995.
Official details
Source: KBO- Status
- Active since 18-05-1992Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 2 others
- Establishment unit
- 2.071.657.8032250 Olen, since 27-02-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 12-08-2025
Annual accounts 2025
- €5.8m▲ 24.7%
- Filing
- Filed on 09-06-2026, 52 days before the end of the filing period
Insights on Patriven
Patriven files the abbreviated format. That format states no turnover. The gross margin rose from €199,559 in 2006 to €287,854 in 2025.
The balance sheet grew most in 2023 through fixed assets.
Laborex Group holds all the shares. In July 2023, the Official Gazette published the appointment of Kuysters Luc as managing director.
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 Patriven
- What is the company number of Patriven?
- The company number of Patriven is 0447.429.326. The VAT number is the same number with BE in front: BE 0447.429.326.
- Where is Patriven based?
- The registered office is at Hagelberg 15, 2250 Olen.Company details
- What does Patriven do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of Patriven?
- Patriven is a public limited company (NV).
- When was Patriven founded?
- Patriven was founded on 18-05-1992.
- Is Patriven still active?
- Yes, Patriven is an active enterprise in the KBO register.
- What is the turnover of Patriven?
- The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €287,854 and 40 comparable companies (NACE 681). It probably lies between €380,000 and €840,000.Financials
- Is Patriven profitable?
- In financial year 2025, Patriven made a profit of €132,762.
- Where can I find the annual accounts of Patriven?
- Patriven filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Patriven due?
- Patriven must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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