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PATROBA

Active
Public limited companyfounded 199629 yrs activeVluchtenburgstraat 15, 2630 Aartselaar, BelgiumKBO/BCE: BE 0459.040.721
Summary

PATROBA has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.8m and a net result of €2.2m. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 85% of 663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability88▲+7
Solvency100▲+10
Growth55▲+17
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,100,000 at 30 days acceptable
Liquidity ample (current ratio 3.08 against 2.4 in 2024; short-term debt: 23.2% and cash: 11.8% of total assets), and 24.7% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies more bankruptcies →
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
75.3%
Return on assets
12.8%
Age of the figures
9 mo
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
highest failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €12.8m
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
1 d early
2023
36 d early
2022
21 d early
2021
13 d early
2020
1 d early
2019
4 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 11 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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 18 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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

History

On 25 October 1996, PATROBA was incorporated.1 Of the 2 current board members, LOTAR has served longest, since 2023.2 Revenue went from EUR 12 million in 2018 to EUR 18 million in 2025 and headcount from 17.1 to 23.2 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 13-12-2023
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€17.6m▲ 7.3%
2024 · €16.4m
EBIT margin
12.0%▲ 7.6pp
2024 · 4.3%
Net result
€2.2m▲ 191%
2024 · €748,061
Working capital
€8.2m▲ 33.0%
2024 · €6.2m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€13.7m▲ 0.1%€14.1m▲ 2.9%€14.1m▲ 0.5%€16.4m▲ 16.3%€17.6m▲ 7.3%
Operating result€400,407€372,165▼ 7.1%€208,521▼ 44.0%€709,308▲ 240%€2.1m▲ 197%
Net result€476,400within the sector's middle half€386,747within the sector's middle half▼ 18.8%€426,550within the sector's middle half▲ 10.3%€748,061within the sector's middle half▲ 75.4%€2.2mabove the sector's middle half▲ 191%
EBIT margin2.9%▲ 4.8pp2.6%▼ 0.3pp1.5%▼ 1.2pp4.3%▲ 2.8pp12.0%▲ 7.6pp
Equity€14.5mabove the sector's middle half▲ 0.1%€14.5mabove the sector's middle half=€10.8mabove the sector's middle half▼ 25.2%€10.8mabove the sector's middle half▼ 0.2%€12.8mabove the sector's middle half▲ 18.6%
Total assets€23.6mabove the sector's middle half▼ 7.3%€22.6mabove the sector's middle half▼ 4.1%€21.6mabove the sector's middle half▼ 4.6%€16.6mwithin the sector's middle half▼ 22.9%€17.1mwithin the sector's middle half▲ 2.5%
Debt€9.1m▼ 17.0%€8.2m▼ 10.5%€10.8m▲ 31.9%€5.8m▼ 45.9%€4.2m▼ 27.6%
Working capital€7.3mabove the sector's middle half▲ 24.4%€8.3mabove the sector's middle half▲ 13.9%€5.6mabove the sector's middle half▼ 31.7%€6.2mabove the sector's middle half▲ 9.9%€8.2mabove the sector's middle half▲ 33.0%
Solvency61.4%above the sector's middle half▲ 4.5pp64.0%above the sector's middle half▲ 2.6pp50.2%within the sector's middle half▼ 13.8pp65.0%above the sector's middle half▲ 14.8pp75.3%above the sector's middle half▲ 10.3pp
Current ratio3.07above the sector's middle half▲ 0.543.09above the sector's middle half▲ 0.031.71within the sector's middle half▼ 1.382.40above the sector's middle half▲ 0.693.08above the sector's middle half▲ 0.68
Return on assets (ROA)2.0%within the sector's middle half▲ 2.4pp1.7%within the sector's middle half▼ 0.3pp2.0%within the sector's middle half▲ 0.3pp4.5%within the sector's middle half▲ 2.5pp12.8%above the sector's middle half▲ 8.3pp
Staff (FTE)22.5within the sector's middle half▲ 11.4%20.8within the sector's middle half▼ 7.6%21within the sector's middle half▲ 1.0%21within the sector's middle half=23.2within the sector's middle half▲ 10.5%
above within below the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€1.0m€2.0mOperating result 2021: €400,407€400,407Net result 2021: €476,400€476,400Operating result 2022: €372,165€372,165Net result 2022: €386,747€386,747Operating result 2023: €208,521€208,521Net result 2023: €426,550€426,550Operating result 2024: €709,308€709,308Net result 2024: €748,061€748,061Operating result 2025: €2.1m€2.1mNet result 2025: €2.2m€2.2m20212022202320242025€0€1m€2mOperating result 2023: €208,521€209,000Net result 2023: €426,550€427,000Operating result 2024: €709,308€709,000Net result 2024: €748,061€748,000Operating result 2025: €2.1m€2.1mNet result 2025: €2.2m€2.2m202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 197% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.1m
Fixed assets €4.9m ▼ 19.3%
Current assets €12.2m ▲ 14.8%
Equity and liabilities €17.1m
Equity €12.8m ▲ 18.6%
Provisions €2,975 =
Debt €4.2m ▼ 27.6%
Debt's share of the balance-sheet total falls from 35.0% to 24.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3.3m▲
2024 · €3.0m
Cash flow
€3.4m▲
2024 · €3.1m
Quick ratio
2.90▲
2024 · 2.22
Debt to equity
0.33▼
2024 · 0.54
ROE
17.0%▲
2024 · 6.9%
Interest coverage
30.48▼
2024 · 36.15
Debt ≤ 1 year
€4.0m▼
2024 · €4.4m
Debt > 1 year
€0▼
2024 · €1.3m
Income taxes
€733,209▲
2024 · €223,259
Staff costs
€1.7m▲
2024 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 87 lines
Balance sheet Code20242025
Assets
Total assets20/58€16.6m€17.1m▲
Fixed assets21/28€6.0m€4.9m▼
Intangible fixed assets21€371€0▼
Tangible fixed assets22/27€6.0m€4.9m▼
Land and buildings22€2.8m€2.6m▼
Plant, machinery and equipment23€1.6m€837,953▼
Furniture and vehicles24€435,305€362,080▼
Other tangible fixed assets26€1.2m€1.0m▼
Current assets29/58€10.6m€12.2m▲
Stocks and contracts in progress3€784,951€702,861▼
Stocks30/36€784,951€702,861▼
Raw materials and consumables30/31€686,829€620,810▼
Goods purchased for resale34€98,122€82,051▼
Amounts receivable within one year40/41€2.2m€2.3m▲
Trade receivables40€1.7m€2.0m▲
Other amounts receivable41€453,671€283,309▼
Current investments50/53€3.4m€7.0m▲
Other investments51/53€3.4m€7.0m▲
Cash at bank and in hand54/58€4.1m€2.0m▼
Deferred charges and accrued income490/1€146,611€142,633▼
Equity and liabilities
Total equity and liabilities10/49€16.6m€17.1m▲
Equity10/15€10.8m€12.8m▲
Contributions10/11€3.7m€3.7m=
Capital10€3.7m€3.7m=
Issued capital100€3.7m€3.7m=
Reserves13€7.1m€9.1m▲
Non-distributable reserves130/1€372,500€372,500=
Legal reserve130€372,500€372,500=
Tax-exempt reserves132€959€0▼
Distributable reserves133€6.7m€8.7m▲
Investment grants15€14,292€0▼
Provisions and deferred taxes16€2,975€2,975=
Provisions for liabilities and charges160/5€2,975€2,975=
Pensions and similar obligations160€2,975€2,975=
Amounts payable17/49€5.8m€4.2m▼
Amounts payable after more than one year17€1.3m€0▼
Financial debts170/4€1.3m€0▼
Credit institutions173€1.3m€0▼
Amounts payable within one year42/48€4.4m€4.0m▼
Current portion of amounts payable after more than one year42€1.4m€1.3m▼
Trade debts44€1.6m€1.6m▲
Suppliers440/4€1.6m€1.6m▲
Taxes, remuneration and social security45€183,140€323,508▲
Taxes450/3€10,498€146,450▲
Remuneration and social security454/9€172,642€177,058▲
Other amounts payable47/48€1.3m€719,603▼
Accrued charges and deferred income492/3€82,969€258,723▲
Income statement Code20242025
Operating income70/76A€16.5m€17.7m▲
Turnover70€16.4m€17.6m▲
Other operating income74€16,773€34,407▲
Non-recurring operating income76A€2,500€2,896▲
Operating charges60/66A€15.7m€15.6m▼
Goods for resale, raw materials and consumables60€8.5m€9.1m▲
Purchases600/8€8.6m€9.0m▲
Change in stocks: decrease (increase)609-€45,654€82,090▲
Services and other goods61€3.4m€3.5m▲
Remuneration, social security and pensions62€1.4m€1.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.3m€1.2m▼
Other operating charges640/8€49,000€35,878▼
Non-recurring operating charges66A€0€99,019▲
Operating profit (loss)9901€709,308€2.1m▲
Financial income75/76B€423,396€972,528▲
Recurring financial income75€423,396€972,528▲
Income from financial fixed assets750€83,343€121,666▲
Income from current assets751€240,636€801,966▲
Other financial income752/9€99,417€48,896▼
Financial charges65/66B€161,384€169,464▲
Recurring financial charges65€161,384€169,464▲
Debt charges650€84,323€107,914▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€73,081€56,959▼
Other financial charges652/9€3,981€4,592▲
Profit (loss) for the period before taxes9903€971,320€2.9m▲
Income taxes67/77€223,259€733,209▲
Taxes670/3€250,593€750,417▲
Tax adjustments and reversals of tax provisions77€27,335€17,207▼
Profit (loss) for the period9904€748,061€2.2m▲
Transfer from tax-exempt reserves789-€959
Transfer to tax-exempt reserves689€959€0▼
Profit (loss) for the period to be appropriated9905€747,102€2.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€747,102€2.2m▲
Transfer from equity791/2€0-
From reserves792€0-
Transfer to equity691/2€47,102€2.0m▲
To other reserves6921€47,102€2.0m▲
Profit to be distributed694/7€700,000€150,000▼
Return on contributions (dividend)694€700,000€150,000▼
Social balance
Average headcount (FTE)908721.023.2▲

The notes to these accounts (72 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€13.8m€14.2m€14.2m€16.5m€17.7m▲ 7.4%
Turnover70€13.7m€14.1m€14.1m€16.4m€17.6m▲ 7.3%
Other operating income74€92,335€109,365€31,165€16,773€34,407▲ 105%
Non-recurring operating income76A€0€28,000€2,500€2,500€2,896▲ 15.8%
Operating charges60/66A€13.3m€13.8m€14.0m€15.7m€15.6m▼ 1.1%
Goods for resale, raw materials and consumables60€5.6m€5.9m€5.9m€8.5m€9.1m▲ 6.6%
Purchases600/8€5.7m€6.7m€5.5m€8.6m€9.0m▲ 5.0%
Change in stocks: decrease (increase)609-€85,187-€792,667€437,324-€45,654€82,090▲ 280%
Services and other goods61€3.3m€3.7m€3.9m€3.4m€3.5m▲ 2.6%
Remuneration, social security and pensions62€1.2m€1.2m€1.4m€1.4m€1.7m▲ 16.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.1m€2.7m€2.6m€2.3m€1.2m▼ 49.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€1,340€0---
Other operating charges640/8€24,985€32,088€32,053€49,000€35,878▼ 26.8%
Non-recurring operating charges66A€0€348,839€71,578€0€99,019-
Operating profit (loss)9901€400,407€372,165€208,521€709,308€2.1m▲ 197%
Financial income75/76B€185,181€388,984€389,511€423,396€972,528▲ 130%
Recurring financial income75€185,181€388,984€389,511€423,396€972,528▲ 130%
Income from financial fixed assets750€90,707€101,940€94,088€83,343€121,666▲ 46.0%
Income from current assets751€3,375€22,769€184,723€240,636€801,966▲ 233%
Other financial income752/9€91,099€264,275€110,700€99,417€48,896▼ 50.8%
Non-recurring financial income76B€0-----
Financial charges65/66B€32,881€288,343€16,153€161,384€169,464▲ 5.0%
Recurring financial charges65€32,881€288,343€16,153€161,384€169,464▲ 5.0%
Debt charges650€96,345€87,020€84,300€84,323€107,914▲ 28.0%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€64,872€193,926-€71,065€73,081€56,959▼ 22.1%
Other financial charges652/9€1,408€7,397€2,918€3,981€4,592▲ 15.3%
Profit (loss) for the period before taxes9903€552,707€472,806€581,879€971,320€2.9m▲ 200%
Income taxes67/77€76,306€86,060€155,328€223,259€733,209▲ 228%
Taxes670/3€76,306€86,060€171,093€250,593€750,417▲ 199%
Tax adjustments and reversals of tax provisions77--€15,765€27,335€17,207▼ 37.0%
Profit (loss) for the period9904€476,400€386,747€426,550€748,061€2.2m▲ 191%
Transfer from tax-exempt reserves789€749,999€749,999€0-€959-
Transfer to tax-exempt reserves689---€959€0▼ 100%
Profit (loss) for the period to be appropriated9905€1.2m€1.1m€426,550€747,102€2.2m▲ 192%
Line20212022202320242025Change
Assets
Total assets20/58€23.6m€22.6m€21.6m€16.6m€17.1m▲ 2.5%
Fixed assets21/28€12.8m€10.4m€8.0m€6.0m€4.9m▼ 19.3%
Intangible fixed assets21€17,047€8,962€1,682€371€0▼ 100%
Tangible fixed assets22/27€12.8m€10.4m€8.0m€6.0m€4.9m▼ 19.3%
Land and buildings22€3.3m€3.1m€3.0m€2.8m€2.6m▼ 6.2%
Plant, machinery and equipment23€7.8m€5.5m€3.3m€1.6m€837,953▼ 47.6%
Furniture and vehicles24€171,172€381,157€421,694€435,305€362,080▼ 16.8%
Other tangible fixed assets26€1.6m€1.4m€1.3m€1.2m€1.0m▼ 12.9%
Current assets29/58€10.8m€12.2m€13.6m€10.6m€12.2m▲ 14.8%
Stocks and contracts in progress3€383,955€1.2m€739,297€784,951€702,861▼ 10.5%
Stocks30/36€383,955€1.2m€739,297€784,951€702,861▼ 10.5%
Raw materials and consumables30/31€333,535€1.1m€553,161€686,829€620,810▼ 9.6%
Goods purchased for resale34€50,419€119,748€186,136€98,122€82,051▼ 16.4%
Amounts receivable within one year40/41€2.5m€2.0m€2.3m€2.2m€2.3m▲ 6.4%
Trade receivables40€2.3m€1.8m€1.9m€1.7m€2.0m▲ 17.9%
Other amounts receivable41€210,130€214,895€416,009€453,671€283,309▼ 37.6%
Current investments50/53€2.6m€5.0m€9.7m€3.4m€7.0m▲ 105%
Other investments51/53€2.6m€5.0m€9.7m€3.4m€7.0m▲ 105%
Cash at bank and in hand54/58€5.3m€4.0m€798,849€4.1m€2.0m▼ 51.0%
Deferred charges and accrued income490/1€6,198€9,928€64,170€146,611€142,633▼ 2.7%
Equity and liabilities
Total equity and liabilities10/49€23.6m€22.6m€21.6m€16.6m€17.1m▲ 2.5%
Equity10/15€14.5m€14.5m€10.8m€10.8m€12.8m▲ 18.6%
Contributions10/11€3.7m€3.7m€3.7m€3.7m€3.7m=
Capital10€3.7m€3.7m€3.7m€3.7m€3.7m=
Issued capital100€3.7m€3.7m€3.7m€3.7m€3.7m=
Reserves13€10.6m€10.6m€7.0m€7.1m€9.1m▲ 28.7%
Non-distributable reserves130/1€372,500€372,500€372,500€372,500€372,500=
Legal reserve130€372,500€372,500€372,500€372,500€372,500=
Tax-exempt reserves132€749,999€0-€959€0▼ 100%
Distributable reserves133€9.5m€10.2m€6.7m€6.7m€8.7m▲ 30.3%
Investment grants15€147,666€162,675€80,640€14,292€0▼ 100%
Provisions and deferred taxes16€2,975€2,975€2,975€2,975€2,975=
Provisions for liabilities and charges160/5€2,975€2,975€2,975€2,975€2,975=
Pensions and similar obligations160€2,975€2,975€2,975€2,975€2,975=
Amounts payable17/49€9.1m€8.2m€10.8m€5.8m€4.2m▼ 27.6%
Amounts payable after more than one year17€5.6m€4.2m€2.7m€1.3m€0▼ 100%
Financial debts170/4€5.6m€4.2m€2.7m€1.3m€0▼ 100%
Credit institutions173€5.6m€4.2m€2.7m€1.3m€0▼ 100%
Amounts payable within one year42/48€3.5m€4.0m€7.9m€4.4m€4.0m▼ 10.6%
Current portion of amounts payable after more than one year42€1.4m€1.4m€1.4m€1.4m€1.3m▼ 8.3%
Trade debts44€983,246€1.4m€1.3m€1.6m€1.6m▲ 2.6%
Suppliers440/4€983,246€1.4m€1.3m€1.6m€1.6m▲ 2.6%
Taxes, remuneration and social security45€163,171€177,838€202,115€183,140€323,508▲ 76.6%
Taxes450/3€5,265€11,405€20,601€10,498€146,450▲ 1,295%
Remuneration and social security454/9€157,906€166,432€181,514€172,642€177,058▲ 2.6%
Other amounts payable47/48€936,877€936,444€5.0m€1.3m€719,603▼ 42.6%
Accrued charges and deferred income492/3€8,031€36,845€78,104€82,969€258,723▲ 212%
Line20212022202320242025Change
Profit (loss) for the period9904€476,400€386,747€426,550€748,061€2.2m▲ 191%
+ Depreciation and write-downs630€3.1m€2.7m€2.6m€2.3m€1.2m▼ 49.5%
Operating cash flow (approximation)€3.6m€3.0m€3.1m€3.1m€3.4m▲ 8.8%
Investment in fixed assets (approximation)--€256,973-€214,771-€340,759-€18,285▲ 94.6%
Change in cash--€1.3m-€3.2m€3.3m-€2.1m▼ 163%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
10-02
State Gazette act Reappointment: BV VGD Bedrijfsrevisoren (statutory auditor)
Permanent representative: Bart Roose · Resignation: Patrick Vandenbogaerde (director) · Auditor mandate duration5 facts ▸
  • General meeting, 16-12-2025
  • Auditor reappointment, BV VGD Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Bart Roose
  • Director resignation, Patrick Vandenbogaerde (director)
  • Auditor mandate duration, onmiddellijk na de gewone algemene vergadering te houden in 2028 die zich zal dienen uit te spreken over de goedkeuring van de jaarrekening voor het boekjaar af…
2025
31-12
Financial Highest result since 2018net €2.2m ▲191%
Net result €2.2m, the highest in the series.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
25-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
13-12
State Gazette act Resignations: SICCARD Nathalie, LOTAR and 2 others
Reappointments: SICCARD Nathalie, LOTAR and Vandenbogaerde Patrick · Permanent representatives: SICCARD Gustaaf and SICCARD Nathalie · Statutes amendment23 facts ▸
  • General meeting, 07-12-2023
  • Statutes amendment
  • Capital, €3.725.000
  • Director resignation, SICCARD Nathalie (director)
  • Director resignation, LOTAR (director)
  • Director resignation, Vandenbogaerde Patrick (director)
  • Director reappointment, SICCARD Nathalie (non-statutory director)
  • Director reappointment, LOTAR (non-statutory director)
  • Director reappointment, Vandenbogaerde Patrick (non-statutory director)
  • Permanent representative, SICCARD Gustaaf
  • Director discharge, SICCARD Nathalie
  • Director discharge, LOTAR
  • +11 further facts in this act
03-08
State Gazette act Resignation: Eddy Walraevens (director)
Reappointments: Lotar NV, Nathalie Siccard and 2 others · Permanent representative: Gustaaf Siccard7 facts ▸
  • General meeting, 30-06-2022
  • Director resignation, Eddy Walraevens (director)
  • Director reappointment, Lotar NV (director)
  • Permanent representative, Gustaaf Siccard
  • Director reappointment, Nathalie Siccard (director)
  • Director reappointment, Patrick Vandenbogaerde (director)
  • Auditor reappointment, VGD Bedrijfsrevisoren BV (statutory auditor)
10-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
18-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €476,400
Net result €476,400 after one loss-making year.
30-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€109,602
Net result drops to -€109,602, the lowest in the series; recovery starts the following year.
Show earlier events
19-11
State Gazette act Resignation: Gustaaf Siccard (director)
Appointment: Lotar (managing director) · Permanent representative: Gustaaf Siccard6 facts ▸
  • General meeting, 13-10-2020
  • Board meeting, 13-10-2020
  • Director resignation, Gustaaf Siccard (director)
  • Director resignation, Gustaaf Siccard (managing director)
  • Director appointment, Lotar (managing director)
  • Permanent representative, Gustaaf Siccard
02-10
State Gazette act Appointment: Eddy Walraevens (director)
2 facts ▸
  • General meeting, 23-06-2020
  • Director appointment, Eddy Walraevens (director)
27-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
09-01
State Gazette act Resignation: Maarten Jansen (director)
Appointment: VGD Bedrijfsrevisoren CVBA (statutory auditor)3 facts ▸
  • General meeting, 18-11-2019
  • Director resignation, Maarten Jansen (director)
  • Auditor appointment, VGD Bedrijfsrevisoren CVBA (statutory auditor)
2019
27-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
28-05
State Gazette act Permanent representative: Dirk Van den Broeck
1 fact ▸
  • Permanent representative, Dirk Van den Broeck
27-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
07-06
State Gazette act Reappointments: Nathalie Siccard, Lotar NV and 3 others
Permanent representative: Gustaaf Siccard9 facts ▸
  • General meeting, 25-03-2016
  • Director reappointment, Nathalie Siccard (director)
  • Director reappointment, Lotar NV (director)
  • Permanent representative, Gustaaf Siccard
  • Director reappointment, Maarten Jansen (director)
  • Director reappointment, Patrick Vandenbogaerde (director)
  • Auditor reappointment, Grant Thornton Bedrijfsrevisoren CVBA (statutory auditor)
  • Board meeting, 25-03-2016
  • Director reappointment, Nathalie Siccard (managing director)
2014
12-11
State Gazette act Resignation: Christiare De Smedt (director)
2 facts ▸
  • General meeting, 31-03-2014
  • Director resignation, Christiare De Smedt (director)
04-08
State Gazette act Reappointment: Gustaaf Siccard (director)
3 facts ▸
  • General meeting, 28-03-2014
  • Director reappointment, Gustaaf Siccard (director)
  • Director reappointment, Gustaaf Siccard (managing director)
2013
04-11
State Gazette act Reappointment: Grant Thornton Bedrijfsrevisoren CVBA (statutory auditor)
2 facts ▸
  • General meeting, 29-03-2013
  • Auditor reappointment, Grant Thornton Bedrijfsrevisoren CVBA
04-11
State Gazette act Reappointment: Maarten Jansen (director)
2 facts ▸
  • General meeting, 29-03-2013
  • Director reappointment, Maarten Jansen (director)
2012
04-05
State Gazette act Appointment: Maarten Jansen (director)
2 facts ▸
  • General meeting, 30-03-2012
  • Director appointment, Maarten Jansen (director)
19-03
State Gazette act Appointment: Christiane De Smedt (director)
Mandate compensation3 facts ▸
  • General meeting, 28-02-2012
  • Director appointment, Christiane De Smedt (director)
  • Mandate compensation, Christiane De Smedt
16-01
State Gazette act Appointment: Lotar (director)
Permanent representative: Gustaaf Siccard · Mandate compensation4 facts ▸
  • General meeting, 14-11-2011
  • Director appointment, Lotar (director)
  • Permanent representative, Gustaaf Siccard
  • Mandate compensation, Lotar
09-01
State Gazette act Capital & shares
Statutes amendment2 facts ▸
  • General meeting, 19-12-2011
  • Statutes amendment
2011
25-03
State Gazette act Resignation: Didier Emst (director)
Appointments: Nathalie Siccard, Patrick Vandenbogaerde and François Villers · Mandate compensation9 facts ▸
  • General meeting, 25-01-2011
  • Director resignation, Didier Emst (director)
  • Director appointment, Nathalie Siccard (director)
  • Director appointment, Patrick Vandenbogaerde (director)
  • Mandate compensation, Nathalie Siccard
  • Mandate compensation, Patrick Vandenbogaerde
  • Board meeting, 25-01-2011
  • Director appointment, Nathalie Siccard (managing director)
  • Director appointment, François Villers (algemeen directeur)
2010
20-05
State Gazette act Reappointment: PKF bedrijfsrevisoren (statutory auditor)
Permanent representative: Geert Lefebvre3 facts ▸
  • General meeting, 26/03/2010
  • Auditor reappointment, PKF bedrijfsrevisoren
  • Permanent representative, Geert Lefebvre
2008
14-04
State Gazette act Reappointments: Gustaaf Siccard (director) and Didier Ernst (director)
Mandate compensation7 facts ▸
  • General meeting, 28-03-2008
  • Director reappointment, Gustaaf Siccard (director)
  • Director reappointment, Didier Ernst (director)
  • Mandate compensation, Gustaaf Siccard
  • Mandate compensation, Didier Ernst
  • Board meeting, 28-03-2008
  • Director reappointment, Gustaaf Siccard (managing director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
19 of 19 acts read

Directors · office · real estate

Directors
2 directors, 2 in day-to-day management, no change since 2025

Board 2

LOTAR
Non-statutory director · since 07-12-2023 · Public limited company · perm. rep.: Gustaaf Siccard
Current
Nathalie Siccard
Non-statutory director · since 07-12-2023
Current
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Didier Ernst
Director · since 28-03-2008
Not recently confirmed
Christiane De Smedt
Director · since 01-01-2012
Not recently confirmed
Lotar NV
Director · since 25-03-2016 · Legal entity · perm. rep.: Gustaaf Siccard
Not recently confirmed

Day-to-day management 2

Nathalie Siccard
Managing director · since 01-01-2011
Current
LOTAR
Managing director · since 13-10-2020 · Public limited company · perm. rep.: Gustaaf Siccard
Current

Permanent representatives 1

Gustaaf Siccard
Permanent representative · since 07-12-2023 · for LOTAR
Current

Statutory auditor 1

VGD Bedrijfsrevisoren
Statutory auditor · since 18-11-2019 · perm. rep.: Bart Roose
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Aartselaar · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
5,100 m²
Building footprint
2,520 m²
Volume, LiDAR
19,987 m³
Parcel 11372A0312/00L000, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PATROBA
Vluchtenburgstraat 15, 2630 AartselaarNACE 1562008
since 19962.078.897.169
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11372A0312/00L000 Flanders 5,100 m² 1 · 2,520 m² 9.8 m · 3 fl.
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.

Mandate history

15 people since 2008, 6 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Nathalie Siccard
  • Director, from 01-01-2011 to 07-12-2023
  • Managing director, from 01-01-2011 to date
  • Non-statutory director, already before 07-12-2023 to date
LOTAR
  • Director, from 14-11-2011 to 07-12-2023
  • Managing director, from 13-10-2020 to date
  • Non-statutory director, already before 07-12-2023 to date
VGD Bedrijfsrevisoren
  • Statutory auditor, from 18-11-2019 to date
Didier Ernst
  • Director, already before 28-03-2008 not ended, last confirmed 14-04-2008
Christiane De Smedt
  • Director, from 01-01-2012 not ended, last confirmed 19-03-2012
Lotar NV
  • Director, already before 25-03-2016 not ended, last confirmed 07-06-2016
Patrick Vandenbogaerde
  • Director, from 01-01-2011 to 07-12-2023
  • Non-statutory director, already before 07-12-2023 to 01-12-2025
VILLERS François
  • Algemeen directeur, from 01-01-2011 to 07-12-2023
Eddy Walraevens
  • Director, from 23-06-2020 to 30-06-2022
SICCARD Gustaaf
  • Director, already before 28-03-2008 to 27-03-2020
  • Managing director, already before 28-03-2008 to 27-03-2020
Grant Thornton, Bedrijfsrevisoren CVBA
  • Statutory auditor, from 29-03-2013 to 18-11-2019
Maarten Jansen
  • Director, from 30-03-2012 to 18-11-2019
Christiare De Smedt
  • Director, until 31-03-2014
PKF bedrijfsrevisoren
  • Auditor, from 20-05-2010 to 29-03-2013
Didier Emst
  • Director, until 31-12-2010
See the board, name and seat on a given date →

Articles of association

Purpose
De fabricatie, de aan- en verkoop, in 't groot of in 't klein, de vertegenwoordiging, het vervoer, het bedrijf en de consumptie van en in alle voedingswaren, eetwaren en dranken…
Full purpose

De fabricatie, de aan- en verkoop, in 't groot of in 't klein, de vertegenwoordiging, het vervoer, het bedrijf en de consumptie van en in alle voedingswaren, eetwaren en dranken, meer in het bijzonder van brood, pasteigebak, confiserie en alle artikelen die behoren tot de banketbakkerij, en al wat hiermede rechtstreeks of onrechtstreeks verband houdt of erbij behoort. Het verwerven, vervreemden, beheren, uitbaten, valoriseren, verkavelen, huren en verhuren, het doen bouwen of verbouwen van onroerende goederen, evenals welkdanige onroerende transacties en verrichtingen in de meest ruime zin. De vennootschap mag voor eigen rekening en/of voor rekening van derden eventueel als tussenpersoon alle commerciële, industriële, financiële, roerende en onroerende handelingen verrichten, die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk verband houdend met haar voorwerp en die van aard zouden zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden. Zij mag deelnemen bij wijze van inbreng, versmelting, inschrijving of andere tussenkomst, aan alle bestaande of op te richten vennootschappen, zowel in België als in het buitenland en waarvan het voorwerp gelijkaardig of aanverwant is aan het hare. Deze opsomming is verklarend en niet beperkend en moet verstaan worden in de meest uitgebreide zin. Zij kan de functie of het mandaat van bestuurder of vereffenaar van andere vennootschappen uitoefenen. Zij kan borg staan, onder om het even welke vorm, ten voordele van haar eigen bestuurders, aandeelhouders en andere vennootschappen.

Structure & network

Owners and holdings

2 owners

Chain of control

  1. LOTAR 99.99%
  2. PATROBA

Highest known parent: LOTAR. The sources do not say who stands above it.

Owners 2

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of PATROBA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

3 connected companies

Capital and shareholders

Capital over the years
  1. 13-12-2023 Capital stated in the act · 3,725,000 EUR · 150,000 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 5,577 EUR awarded · 6,393 EUR paid
Year Entries awardedpaid
2025 2 4,689 EUR4,827 EUR
2024 1 858 EUR1,536 EUR
2022 1 30 EUR30 EUR
Schemes
1 entry · 4,500 EUR · 4,500 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
3 entries · 1,077 EUR · 1,893 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Aartselaar2.078.897.169
1 permission
Toelating · Industriële bakkerij · since 01-01-2006

Dual-learning approval

7 ended
Assistent productieoperator voeding (so)
ended · 2017 to 2022
Brood- en banketbakker (so)
ended · 2017 to 2022
Industrieel verpakker (so)
ended · 2017 to 2022
Magazijnmedewerker (so)
ended · 2017 to 2022
Onderhoudstechnicus industriële installaties (so)
ended · 2017 to 2022
Productiemedewerker voeding (so)
ended · 2017 to 2022
Productieoperator voeding (so)
ended · 2017 to 2022

Legal Entity Identifier

254900EIYML62457DR66
live in the LEI register

Similar companies · same sector, comparable size

Of 514 companies in sector 10711 we hold annual accounts for 329. 60 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded25-10-1996
Fiscal year end31-12
Activities, NACEBEL 2025
10711Manufacture of food products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0459040721
Also 9925:BE0459040721

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.