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Patriven

Active
Public limited companyfounded 199234 yrs activeHagelberg 15, 2250 Olen, BelgiumKBO/BCE: BE 0447.429.326

Patriven has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.24M and a net result of €133k. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 69% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
74 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▲+3
Solvency81▼-14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 4.52 against 2.45 in 2024; short-term debt: 5.1% and cash: 3.2% of total assets), and 44% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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 34 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
56%
Return on assets
2.3%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 filings
Deviation from the deadline
2025
52 d early
2024
17 d early
2023
16 d early
2022
on the day
2021
21 d late
2020
20 d early
2019
14 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 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, abbreviated schema

Equity
€3.24M▼ 0.8%
2024 · €3.27M
2019: €1.07M 2020: €1.07M 2021: €1.68M 2022: €1.79M 2023: €4.17M 2024: €3.27M
2019 → 2025
Total assets
€5.79M▲ 24.7%
2024 · €4.65M
2019: €2.21M 2020: €3.97M 2021: €4.31M 2022: €4.24M 2023: €6.70M 2024: €4.65M
2019 → 2025
Net result
€133k▼ 46.2%
2024 · €247k
2019: €39k 2020: €-7k 2021: €614k 2022: €109k 2023: €90k 2024: €247k
2019 → 2025
Working capital
€1.03M▲ 989%
2024 · €95k
2019: €175k 2020: €150k 2021: €1.14M 2022: €163k 2023: €-237k 2024: €95k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.68M-€1.79M▲ 6.5%€4.17M▲ 133%€3.27M▼ 21.5%€3.24M▼ 0.8%
Operating result€856k-€157k▼ 81.7%€170k▲ 8.8%€295k▲ 73.0%€248k▼ 16.0%
Net result€614k-€109k▼ 82.3%€90k▼ 17.4%€247k▲ 175%€133k▼ 46.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€250k€500k€750kOperating result 2021: €856k€856kNet result 2021: €614k€614kOperating result 2022: €157k€157kNet result 2022: €109k€109kOperating result 2023: €170k€170kNet result 2023: €90k€90kOperating result 2024: €295k€295kNet result 2024: €247k€247kOperating result 2025: €248k€248kNet result 2025: €133k€133k20212022202320242025
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.79M
Fixed assets €4.47M▼ 0.4%
Current assets €1.33M▲ 727%
Equity and liabilities €5.79M
Equity €3.24M▼ 0.8%
Debt €2.55M▲ 85.2%
The debt ratio rises from 29.6% to 44.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€267k
2024 · €323k
Cash flow
€152k
2024 · €275k
Solvency
56.0%
2024 · 70.4%
Current ratio
4.52
2024 · 2.45
Quick ratio
4.52
2024 · 2.45
Debt / equity
0.79
2024 · 0.42
ROE
4.1%
2024 · 7.5%
ROA
2.3%
2024 · 5.3%
Interest coverage
3.85
2024 · 3.04
Debt
€2.55M
2024 · €1.38M
Debt ≤ 1 year
€293k
2024 · €65k
Debt > 1 year
€2.26M
2024 · €1.31M
Income taxes
€46k
2024 · €45k
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€4.65M€5.79M
Fixed assets21/28€4.49M€4.47M
Tangible fixed assets22/27€2.69M€2.67M
Land and buildings22€2.59M€2.59M
Plant, machinery and equipment23€93k€78k
Financial fixed assets28€1.80M€1.80M=
Current assets29/58€160k€1.33M
Amounts receivable after more than one year29-€1.10M
Other amounts receivable291-€1.10M
Amounts receivable within one year40/41€25k€18k
Trade receivables40€760€1k
Other amounts receivable41€24k€17k
Cash at bank and in hand54/58€111k€183k
Deferred charges and accrued income490/1€24k€24k
Equity and liabilities
Total equity and liabilities10/49€4.65M€5.79M
Equity10/15€3.27M€3.24M
Contributions10/11€850k€850k=
Capital10€850k€850k=
Issued capital100€850k€850k=
Revaluation surpluses12€2.17M€2.17M=
Reserves13€247k€219k
Non-distributable reserves130/1-€19k
Legal reserve130-€19k
Distributable reserves133€247k€200k
Amounts payable17/49€1.38M€2.55M
Amounts payable after more than one year17€1.31M€2.26M
Financial debts170/4€1.31M€2.26M
Amounts payable within one year42/48€65k€293k
Current portion of amounts payable after more than one year42€63k€132k
Trade debts44€2k€449
Suppliers440/4€2k€449
Advances received on contracts in progress46€20-
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48-€160k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€20k
Other operating charges640/8€35k€21k
Gross operating margin9900€357k€288k
Operating profit (loss)9901€295k€248k
Financial income75/76B€103k€529
Recurring financial income75€103k€529
Financial charges65/66B€106k€69k
Recurring financial charges65€106k€69k
Profit (loss) for the period before taxes9903€292k€179k
Income taxes67/77€45k€46k
Profit (loss) for the period9904€247k€133k
Profit (loss) for the period to be appropriated9905€247k€133k
Appropriation of the result
Profit (loss) to be appropriated9906€247k€133k
Transfer from equity791/2-€160k
Transfer to equity691/2€247k€133k
To other reserves6921€247k€133k
Profit to be distributed694/7-€160k
Return on contributions (dividend)694-€160k

The notes to these accounts (8 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 31-07-2027
2026
09-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Liquidity times 11current ratio 2.45
Current ratio from 0.22 to 2.45; short-term debt falls from €302k to €65k.
15-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial Equity above €2MEq €4.17M ▲133%
3 profitable years in a row build equity to €4.17M.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-02
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 21 days late
2021
30-06
Financial Back to profitnet €614k
Net result €614k after one loss-making year.
30-06
Financial Liquidity triplescurrent ratio 5.44
Current ratio from 1.60 to 5.44.
11-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial Weakest financial yearnet €-7k ▼118%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
17-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
02-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
11-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
11 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, Olen · 1 establishment unit since 2001
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.

Hagelberg 152250 Olen
Ground area
8,308 m²
Building footprint
4,505 m²
Parcel 13029E0531/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
PATRIVEN
Hagelberg 15, 2250 OlenNACE 7012001
since 20012.071.657.803
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13029E0531/00F000 Flanders 8,308 m² 1 · 4,505 m² -
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 7,321 companies in sector 68110 we hold annual accounts for 5,382. 2,187 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded18-05-1992
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.