PATRIVIN
ActiveSummary
For the legal form of PATRIVIN, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €18.1m and a net result of -€1.9m. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 56% of 9436 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Buying and selling of own real estate
NACE 68110NACE 68100Combined facilities support activities NACE 81100
#2 company by total assets in Lo-Reninge
How big
€980turnover 2025
- Staff
- 1 FTE
- Equity
- €18.1m
- Loss
- -€1.9m
Who decides
Accounts 58 d early0 of 15 deeds read
Why 42- Persistent lossesLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability9▼-60
Solvency63▼-4
Growth52=
Track record100
Credit verdict
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.87 against 0.28 in 2024; short-term debt: 4.6% and cash: 3.6% of total assets), and 62.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1.9m
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
51 d early
2023
33 d early
2022
31 d early
2021
17 d early
2020
37 d early
2019
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet -€1.9m
- Annual accounts filedfiscal year 2024 · abbreviated…
Financials
Fiscal year 2025Turnover €980Loss -€1.9mSolvency 37.8%Liquidity 0.87
Turnover
€980
2025
Net result
-€1.9m▼ 8,087%
2018 - 2025
Equity
€18.1m▼ 9.3%
2018 - 2025
Staff (FTE)
1=
2020 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0.001m
Operating result€0.3m▼ 45.2%-€1.3m€0.2m€0.1m▼ 49.1%-€1.6m
Net result€0.2mabove the sector's middle half▼ 65.5%-€1.4mbelow the sector's middle half€0.04mwithin the sector's middle half-€0.02mbelow the sector's middle half-€1.9mbelow the sector's middle half▼ 8,087%
EBIT margin-165446.2%
Equity€21.4mabove the sector's middle half▲ 0.9%€20.0mabove the sector's middle half▼ 6.9%€20.0mabove the sector's middle half▲ 0.2%€20.0mabove the sector's middle half▼ 0.1%€18.1mabove the sector's middle half▼ 9.3%
Total assets€42.4mabove the sector's middle half▼ 5.1%€41.5mabove the sector's middle half▼ 2.1%€43.2mabove the sector's middle half▲ 4.0%€48.1mabove the sector's middle half▲ 11.3%€47.9mabove the sector's middle half▼ 0.3%
Debt€20.9m▼ 10.4%€21.5m▲ 2.8%€23.2m▲ 7.5%€28.1m▲ 21.2%€29.8m▲ 6.1%
Working capital€3.8mabove the sector's middle half▼ 60.2%-€0.3mbelow the sector's middle half-€0.5mbelow the sector's middle half▼ 39.0%-€1.9mbelow the sector's middle half▼ 319%-€0.3mbelow the sector's middle half▲ 84.9%
Solvency50.6%within the sector's middle half▲ 3.0pp48.1%within the sector's middle half▼ 2.5pp46.4%within the sector's middle half▼ 1.8pp41.6%within the sector's middle half▼ 4.8pp37.8%within the sector's middle half▼ 3.7pp
Current ratio5.52above the sector's middle half▲ 0.760.65within the sector's middle half▼ 4.870.59within the sector's middle half▼ 0.060.28below the sector's middle half▼ 0.320.87within the sector's middle half▲ 0.59
Return on assets (ROA)0.4%within the sector's middle half▼ 0.8pp-3.5%below the sector's middle half▼ 3.9pp0.1%within the sector's middle half▲ 3.6pp0.0%within the sector's middle half▼ 0.1pp-3.9%below the sector's middle half▼ 3.8pp
Staff (FTE)1within the sector's middle half▲ 25.0%1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1.6m after €117,312 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47.9m
Fixed assets
€46.0m ▼ 2.8%
Current assets
€1.9m ▲ 155%
Equity and liabilities €47.9m
Equity
€18.1m ▼ 9.3%
Debt
€29.8m ▲ 6.1%
Debt's share of the balance-sheet total rises from 58.4% to 62.2%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
EBITDA
-€354,588▼
2024 · €1.2m
Cash flow
-€588,325▼
2024 · €1.1m
Debt to equity
1.64▲
2024 · 1.40
ROE
-10.2%▼
2024 · -0.1%
Interest coverage
-1.60▼
2024 · 8.82
Debt ≤ 1 year
€2.2m▼
2024 · €2.7m
Debt > 1 year
€27.6m▲
2024 · €25.4m
Income taxes
€7,068▼
2024 · €10,080
Staff costs
€126,629▲
2024 · €123,727
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €1.2m | €1.2m | €1.4m | €1.8m | €2.2m | ▲ 19.4% |
| Turnover70 | - | - | - | - | €0.001m | - |
| Other operating income74 | €1.2m | €1.2m | €1.4m | €1.8m | €1.3m | ▼ 26.6% |
| Non-recurring operating income76A | - | €0.004m | €68 | - | €0.8m | - |
| Operating charges60/66A | €0.8m | €2.5m | €1.2m | €1.7m | €3.8m | ▲ 122% |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €180 | - |
| Purchases600/8 | - | - | - | - | €180 | - |
| Services and other goods61 | €0.02m | €0.04m | €0.05m | €0.07m | €0.1m | ▲ 94.6% |
| Remuneration, social security and pensions62 | €0.09m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.7m | €0.8m | €1.1m | €1.1m | €1.3m | ▲ 18.1% |
| Other operating charges640/8 | €0.001m | €0.001m | €0.006m | €0.1m | €0.01m | ▼ 90.5% |
| Non-recurring operating charges66A | - | €1.5m | €0.001m | €0.3m | €2.3m | ▲ 582% |
| Operating profit (loss)9901 | €0.3m | -€1.3m | €0.2m | €0.1m | -€1.6m | ▼ 1,483% |
| Financial income75/76B | €0.002m | €31 | - | €0.006m | €0.003m | ▼ 57.7% |
| Recurring financial income75 | €0.002m | €31 | - | €0.006m | €0.003m | ▼ 57.7% |
| Income from current assets751 | - | - | - | €0.006m | €0.003m | ▼ 57.7% |
| Other financial income752/9 | - | €31 | - | €0 | - | - |
| Non-recurring financial income76B | €0.002m | - | - | - | - | - |
| Financial charges65/66B | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 68.3% |
| Recurring financial charges65 | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 68.3% |
| Debt charges650 | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 64.4% |
| Other financial charges652/9 | €0.02m | €0.003m | €0.003m | €0.001m | €0.008m | ▲ 462% |
| Non-recurring financial charges66B | €0.002m | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.2m | -€1.4m | €0.1m | -€0.01m | -€1.8m | ▼ 14,586% |
| Income taxes67/77 | €0.006m | €238 | €0.09m | €0.01m | €0.007m | ▼ 29.9% |
| Taxes670/3 | €0.006m | €238 | €0.09m | €0.01m | €0.007m | ▼ 29.9% |
| Profit (loss) for the period9904 | €0.2m | -€1.4m | €0.04m | -€0.02m | -€1.9m | ▼ 8,087% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | -€1.4m | €0.04m | -€0.02m | -€1.9m | ▼ 8,087% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42.4m | €41.5m | €43.2m | €48.1m | €47.9m | ▼ 0.3% |
| Formation expenses20 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 3.5% |
| Fixed assets21/28 | €37.7m | €40.9m | €42.5m | €47.3m | €46.0m | ▼ 2.8% |
| Tangible fixed assets22/27 | €37.0m | €40.0m | €41.6m | €46.4m | €45.1m | ▼ 2.8% |
| Land and buildings22 | €26.7m | €33.8m | €33.8m | €32.9m | €41.5m | ▲ 26.2% |
| Plant, machinery and equipment23 | €0.9m | €0.8m | €0.7m | €0.6m | €0.4m | ▼ 23.7% |
| Other tangible fixed assets26 | €5.4m | €5.2m | €5.2m | €5.2m | €3.1m | ▼ 39.5% |
| Assets under construction and advance payments27 | €4.0m | €0.2m | €1.9m | €7.8m | €0.03m | ▼ 99.6% |
| Financial fixed assets28 | €0.6m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Affiliated companies280/1 | €0.6m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Amounts receivable281 | €0.6m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Current assets29/58 | €4.7m | €0.6m | €0.7m | €0.7m | €1.9m | ▲ 155% |
| Amounts receivable within one year40/41 | €0.001m | €0.004m | €0.3m | €0.3m | €0.1m | ▼ 64.7% |
| Trade receivables40 | €0.001m | - | €0.01m | €0.3m | €0.08m | ▼ 71.6% |
| Other amounts receivable41 | - | €0.004m | €0.3m | - | €0.02m | - |
| Cash at bank and in hand54/58 | €4.7m | €0.6m | €0.4m | €0.4m | €1.7m | ▲ 287% |
| Deferred charges and accrued income490/1 | €350 | €0.006m | €0.004m | €0.001m | €0.06m | ▲ 5,086% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42.4m | €41.5m | €43.2m | €48.1m | €47.9m | ▼ 0.3% |
| Equity10/15 | €21.4m | €20.0m | €20.0m | €20.0m | €18.1m | ▼ 9.3% |
| Contributions10/11 | - | €19.0m | €19.0m | €19.0m | €19.0m | = |
| Capital10 | - | €19.0m | €19.0m | €19.0m | €19.0m | = |
| Profit (loss) carried forward14 | €2.5m | €1.0m | €1.0m | €1.0m | -€0.8m | ▼ 182% |
| Amounts payable17/49 | €20.9m | €21.5m | €23.2m | €28.1m | €29.8m | ▲ 6.1% |
| Amounts payable after more than one year17 | €20.1m | €20.6m | €22.0m | €25.4m | €27.6m | ▲ 8.7% |
| Financial debts170/4 | €20.1m | €20.6m | €22.0m | €25.4m | €27.6m | ▲ 8.7% |
| Credit institutions173 | €9.5m | €8.8m | €10.3m | €13.7m | €16.2m | ▲ 18.8% |
| Other loans174 | €10.6m | €11.7m | €11.7m | €11.7m | €11.3m | ▼ 3.2% |
| Amounts payable within one year42/48 | €0.9m | €0.9m | €1.1m | €2.7m | €2.2m | ▼ 17.9% |
| Current portion of amounts payable after more than one year42 | €0.7m | €0.7m | €0.7m | €1.2m | €1.0m | ▼ 13.7% |
| Financial debts43 | - | - | - | - | €0.7m | - |
| Credit institutions430/8 | - | - | - | - | €0.7m | - |
| Trade debts44 | €0.1m | €0.2m | €0.3m | €1.4m | €0.5m | ▼ 64.9% |
| Suppliers440/4 | €0.1m | €0.2m | €0.3m | €1.4m | €0.5m | ▼ 64.9% |
| Taxes, remuneration and social security45 | €0.02m | €0.02m | €0.06m | €0.06m | €0.02m | ▼ 63.4% |
| Taxes450/3 | €0.01m | €0.005m | €0.04m | €0.05m | €0.006m | ▼ 87.8% |
| Remuneration and social security454/9 | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 0.9% |
| Accrued charges and deferred income492/3 | €0.02m | €0.02m | €0.02m | €0.03m | €0.02m | ▼ 42.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | -€1.4m | €0.04m | -€0.02m | -€1.9m | ▼ 8,087% |
| + Depreciation and write-downs630 | €0.7m | €0.8m | €1.1m | €1.1m | €1.3m | ▲ 18.1% |
| Operating cash flow (approximation) | €0.9m | -€0.6m | €1.1m | €1.1m | -€0.6m | ▼ 156% |
| Investment in fixed assets (approximation) | - | -€4.0m | -€2.7m | -€5.9m | €0.03m | ▲ 101% |
| Change in cash | - | -€4.1m | -€0.2m | €0.08m | €1.3m | ▲ 1,474% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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DISTRIHOLD
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IMMO W.
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T2
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Of 7,321 companies in this sector we hold annual accounts for 5,390. 807 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 03-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€1.9m
Net result drops to -€1.9m, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €35,653
Net result €35,653 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity quadruplescurrent ratio 4.76
Current ratio from 1.31 to 4.76.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
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.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Public-utility foundation · founded 25-03-2016Year ends 31-12Peppol reachable
Register details
Identification
Legal formPublic-utility foundation
Founded25-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
81100Combined facilities support activities
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0650775671
Registered
03-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Lo-Reninge
Ground area
3.7 ha
Building footprint
2,542 m²
Volume, LiDAR
4,514 m³
Parcel 32021B0346/00W002, Flanders · tallest building 10.6 m. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32021B0346/00W002 | Flanders | 3.7 ha | 1 · 2,542 m² | 10.6 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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