PATS
ActiveSummary
PATS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.14M and a net result of €321k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 1530 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 5.75 against 4.62 in 2024; short-term debt: 11.2% and cash: 13.7% of total assets), and 14% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer 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 2025Solvency, return and age of the figures
Solvency
86%
Return on assets
8.8%
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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
3 d early
2023
29 d late
2022
30 d late
2021
19 d late
2020
25 d late
2019
66 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€3.14M▲ 11.4%
2024 · €2.82M
Total assets
€3.65M▲ 9.0%
2024 · €3.35M
Net result
€321k▲ 12.8%
2024 · €284k
Working capital
€1.93M▲ 25.2%
2024 · €1.54M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€487k▲ 38.9%€463k▼ 4.9%€409k▼ 11.6%€416k▲ 1.7%€442k▲ 6.3%
Net result€327k▲ 116%€302k▼ 7.6%€271k▼ 10.5%€284k▲ 4.9%€321k▲ 12.8%
Equity€1.96M▲ 20.1%€2.26M▲ 15.4%€2.53M▲ 12.0%€2.82M▲ 11.2%€3.14M▲ 11.4%
Total assets€3.04M▲ 7.3%€3.23M▲ 6.1%€3.12M▼ 3.2%€3.35M▲ 7.2%€3.65M▲ 9.0%
Debt€1.04M▼ 10.2%€920k▼ 11.2%€547k▼ 40.5%€488k▼ 10.8%€470k▼ 3.8%
Working capital€870k▲ 54.8%€1.15M▲ 31.9%€1.20M▲ 4.6%€1.54M▲ 28.7%€1.93M▲ 25.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.65M
Fixed assets
€1.31M ▼ 5.1%
Current assets
€2.34M ▲ 18.8%
Equity and liabilities €3.65M
Equity
€3.14M ▲ 11.4%
Provisions
€41k ▼ 3.4%
Debt
€470k ▼ 3.8%
Debt's share of the balance-sheet total falls from 14.6% to 12.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€512k▲
2024 · €487k
Cash flow
€390k▲
2024 · €355k
Current ratio
5.75▲
2024 · 4.62
Debt to equity
0.15▼
2024 · 0.17
ROE
10.2%▲
2024 · 10.1%
ROA
8.8%▲
2024 · 8.5%
Interest coverage
14.25▲
2024 · 11.45
Debt ≤ 1 year
€407k▼
2024 · €426k
Income taxes
€160k▲
2024 · €138k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €96k | €78k | €70k | €71k | €70k | ▼ 1.6% |
| Other operating charges640/8 | €7k | €7k | €6k | €7k | €6k | ▼ 15.9% |
| Gross operating margin9900 | €589k | €548k | €485k | €494k | €518k | ▲ 4.9% |
| Operating profit (loss)9901 | €487k | €463k | €409k | €416k | €442k | ▲ 6.3% |
| Financial income75/76B | €23k | €19k | €36k | €48k | €73k | ▲ 52.3% |
| Recurring financial income75 | €23k | €19k | €36k | €48k | €73k | ▲ 52.3% |
| Financial charges65/66B | €28k | €29k | €41k | €43k | €36k | ▼ 15.4% |
| Recurring financial charges65 | €28k | €29k | €41k | €43k | €36k | ▼ 15.4% |
| Profit (loss) for the period before taxes9903 | €481k | €453k | €404k | €421k | €479k | ▲ 13.7% |
| Transfer from deferred taxes780 | €1k | €1k | €1k | €1k | €1k | = |
| Income taxes67/77 | €155k | €152k | €135k | €138k | €160k | ▲ 15.5% |
| Profit (loss) for the period9904 | €327k | €302k | €271k | €284k | €321k | ▲ 12.8% |
| Transfer from tax-exempt reserves789 | €3k | €3k | €3k | €3k | €3k | = |
| Profit (loss) for the period to be appropriated9905 | €330k | €305k | €274k | €287k | €323k | ▲ 12.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.04M | €3.23M | €3.12M | €3.35M | €3.65M | ▲ 9.0% |
| Fixed assets21/28 | €1.50M | €1.43M | €1.42M | €1.38M | €1.31M | ▼ 5.1% |
| Tangible fixed assets22/27 | €1.50M | €1.43M | €1.42M | €1.38M | €1.31M | ▼ 5.1% |
| Land and buildings22 | €1.50M | €1.43M | €1.42M | €1.37M | €1.30M | ▼ 4.9% |
| Plant, machinery and equipment23 | €1k | €891 | €548 | €206 | €0 | ▼ 100% |
| Furniture and vehicles24 | €8k | €4k | €6k | €4k | €2k | ▼ 44.4% |
| Current assets29/58 | €1.54M | €1.79M | €1.70M | €1.97M | €2.34M | ▲ 18.8% |
| Amounts receivable within one year40/41 | €550 | €10k | €3k | €1k | €147 | ▼ 88.8% |
| Trade receivables40 | €550 | - | €3k | €1k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €10k | - | €6 | €147 | ▲ 2,320% |
| Current investments50/53 | €706k | €1.11M | €1.44M | €1.54M | €1.76M | ▲ 14.0% |
| Cash at bank and in hand54/58 | €773k | €641k | €197k | €350k | €501k | ▲ 43.2% |
| Deferred charges and accrued income490/1 | €58k | €33k | €54k | €74k | €78k | ▲ 5.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.04M | €3.23M | €3.12M | €3.35M | €3.65M | ▲ 9.0% |
| Equity10/15 | €1.96M | €2.26M | €2.53M | €2.82M | €3.14M | ▲ 11.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €1.94M | €2.24M | €2.51M | €2.80M | €3.12M | ▲ 11.5% |
| Tax-exempt reserves132 | €62k | €60k | €57k | €54k | €51k | ▼ 5.3% |
| Distributable reserves133 | €1.88M | €2.18M | €2.46M | €2.74M | €3.07M | ▲ 11.8% |
| Provisions and deferred taxes16 | €47k | €46k | €44k | €43k | €41k | ▼ 3.4% |
| Provisions for liabilities and charges160/5 | €15k | €15k | €15k | €15k | €15k | = |
| Major repairs and maintenance162 | €15k | €15k | €15k | €15k | €15k | = |
| Deferred taxes168 | €32k | €31k | €29k | €28k | €26k | ▼ 5.3% |
| Amounts payable17/49 | €1.04M | €920k | €547k | €488k | €470k | ▼ 3.8% |
| Amounts payable after more than one year17 | €311k | €223k | - | - | - | - |
| Financial debts170/4 | €311k | €223k | - | - | - | - |
| Amounts payable within one year42/48 | €668k | €646k | €499k | €426k | €407k | ▼ 4.5% |
| Current portion of amounts payable after more than one year42 | €88k | €89k | - | - | - | - |
| Trade debts44 | €3k | €3k | €6k | €5k | €5k | ▲ 10.5% |
| Suppliers440/4 | €3k | €3k | €6k | €5k | €5k | ▲ 10.5% |
| Taxes, remuneration and social security45 | €47k | €53k | €32k | €19k | €19k | ▼ 0.2% |
| Taxes450/3 | €47k | €53k | €32k | €19k | €19k | ▼ 0.2% |
| Other amounts payable47/48 | €530k | €501k | €461k | €403k | €383k | ▼ 4.9% |
| Accrued charges and deferred income492/3 | €57k | €51k | €48k | €62k | €62k | ▲ 0.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €327k | €302k | €271k | €284k | €321k | ▲ 12.8% |
| + Depreciation and write-downs630 | €96k | €78k | €70k | €71k | €70k | ▼ 1.6% |
| Operating cash flow (approximation) | €423k | €381k | €341k | €355k | €390k | ▲ 9.9% |
| Investment in fixed assets (approximation) | - | €-7k | €-61k | €-23k | €0 | ▲ 100% |
| Change in cash | - | €-132k | €-443k | €153k | €151k | ▼ 0.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €2MEq €2.26M ▲15.4%
5 profitable years in a row build equity to €2.26M.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Highest result since 2018net €327k ▲116%
Operating result €487k, net result €327k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet €151k ▼29.9%
Net result drops to €151k, the lowest in the series; recovery starts the following year.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Directors · office · real estate
Directors
4 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, Knokke-Heist · 1 establishment unit since 2003
Ground area
630 m²
Building footprint
114 m²
Volume, LiDAR
893 m³
Parcel 31332E1084/00M003, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
PATS BVBA
since 20032.133.441.457
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332E1084/00M003 | Flanders | 630 m² | 1 · 113 m² | 11.0 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500SUDSATE3CYNL08
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Of 521 companies in sector 59114 we hold annual accounts for 245. 66 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
59114Motion picture, video and television programme production, sound recording and music publishing activities
Scores and ratios are computed by Checked and are not a credit decision.