PATSY COACH
ActiveSummary
PATSY COACH has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.0m and a net result of €544,867. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency75▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.78 in 2023; short-term debt: 28.3% and cash: 40.6% of total assets), but 50.5% of the assets are financed with debt.
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Signals
Three 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% 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 2024Solvency, return and age of the figures
Solvency
49.5%
Return on assets
26%
Age of the figures
21 mo
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
64 d early
2023
30 d late
2022
14 d early
2021
31 d late
2020
16 d early
2019
43 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 17 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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 17 July (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#5 company by total assets in Meise, Transport and storage sector#5 company by equity in Meise, Transport and storage sector
Equity
€1.0m▲ 91.3%
2023 · €542,155
Total assets
€2.1m▲ 63.2%
2023 · €1.3m
Net result
€544,867▲ 29.2%
2023 · €421,765
Working capital
€463,063▲ 15.9%
2023 · €399,662
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Line20202021202220232024
Operating result-€36,952▼ 87.3%-€245,554▼ 565%€250,482€488,581▲ 95.1%€750,432▲ 53.6%
Net result-€55,011below the sector's middle half▼ 94.5%-€265,447below the sector's middle half▼ 383%€230,866above the sector's middle half€421,765above the sector's middle half▲ 82.7%€544,867above the sector's middle half▲ 29.2%
Equity€154,971within the sector's middle half▼ 26.2%-€110,476below the sector's middle half€120,390below the sector's middle half€542,155within the sector's middle half▲ 350%€1.0mwithin the sector's middle half▲ 91.3%
Total assets€1.4mwithin the sector's middle half▲ 4.6%€929,743within the sector's middle half▼ 32.4%€1.1mwithin the sector's middle half▲ 17.6%€1.3mwithin the sector's middle half▲ 17.4%€2.1mwithin the sector's middle half▲ 63.2%
Debt€1.2m▲ 10.4%€1.0m▼ 14.8%€972,579▼ 6.5%€740,939▼ 23.8%€1.1m▲ 42.6%
Working capital€83,437within the sector's middle half▲ 6,394%-€166,069below the sector's middle half€12,133within the sector's middle half€399,662within the sector's middle half▲ 3,194%€463,063within the sector's middle half▲ 15.9%
Solvency11.3%below the sector's middle half▼ 4.7pp-11.9%below the sector's middle half▼ 23.1pp11.0%below the sector's middle half▲ 22.9pp42.3%within the sector's middle half▲ 31.2pp49.5%within the sector's middle half▲ 7.3pp
Current ratio1.25within the sector's middle half▲ 0.250.66below the sector's middle half▼ 0.591.02within the sector's middle half▲ 0.361.78within the sector's middle half▲ 0.761.78within the sector's middle half=
Return on assets (ROA)-4.0%below the sector's middle half▼ 1.8pp-28.6%below the sector's middle half▼ 24.6pp21.1%above the sector's middle half▲ 49.7pp32.9%above the sector's middle half▲ 11.7pp26.0%above the sector's middle half▼ 6.9pp
Staff (FTE)8.1within the sector's middle half▼ 13.8%7.2within the sector's middle half▼ 11.1%9within the sector's middle half▲ 25.0%10.3within the sector's middle half▲ 14.4%10.7within the sector's middle half▲ 3.9%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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 per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 54% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.1m
Fixed assets
€1.0m ▲ 178%
Current assets
€1.1m ▲ 16.0%
Equity and liabilities €2.1m
Equity
€1.0m ▲ 91.3%
Debt
€1.1m ▲ 42.6%
Debt's share of the balance-sheet total falls from 57.7% to 50.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.1m▲
2023 · €741,963
Cash flow
€853,090▲
2023 · €675,147
Debt to equity
1.02▼
2023 · 1.37
ROE
52.5%▼
2023 · 77.8%
Interest coverage
18.24▼
2023 · 30.57
Debt ≤ 1 year
€592,565▲
2023 · €510,245
Debt > 1 year
€464,378▲
2023 · €230,694
Income taxes
€157,414▲
2023 · €44,961
Staff costs
€805,298▲
2023 · €690,359
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 17,811 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €280,667 | €532,043 | €690,359 | €805,298 | ▲ 16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €58,362 | €332,289 | €234,615 | €253,382 | €308,223 | ▲ 21.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €650 | - |
| Other operating charges640/8 | - | €5,854 | €9,521 | €8,769 | €10,493 | ▲ 19.7% |
| Gross operating margin9900 | €230,461 | €373,255 | €1.0m | €1.4m | €1.9m | ▲ 30.1% |
| Operating profit (loss)9901 | -€36,952 | -€245,554 | €250,482 | €488,581 | €750,432 | ▲ 53.6% |
| Financial income75/76B | - | €3,028 | €867 | €2,417 | €9,899 | ▲ 309% |
| Recurring financial income75 | €4,878 | €3,028 | €867 | €2,417 | €9,899 | ▲ 309% |
| Financial charges65/66B | - | €22,423 | €20,097 | €24,272 | €58,049 | ▲ 139% |
| Recurring financial charges65 | €22,264 | €22,423 | €20,097 | €24,272 | €58,049 | ▲ 139% |
| Profit (loss) for the period before taxes9903 | -€54,339 | -€264,950 | €231,252 | €466,726 | €702,281 | ▲ 50.5% |
| Income taxes67/77 | €672 | €497 | €386 | €44,961 | €157,414 | ▲ 250% |
| Profit (loss) for the period9904 | -€55,011 | -€265,447 | €230,866 | €421,765 | €544,867 | ▲ 29.2% |
| Profit (loss) for the period to be appropriated9905 | -€55,011 | -€265,447 | €230,866 | €421,765 | €544,867 | ▲ 29.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €929,743 | €1.1m | €1.3m | €2.1m | ▲ 63.2% |
| Fixed assets21/28 | €960,575 | €603,238 | €516,569 | €373,187 | €1.0m | ▲ 178% |
| Tangible fixed assets22/27 | €950,290 | €592,953 | €506,297 | €362,915 | €1.0m | ▲ 183% |
| Plant, machinery and equipment23 | - | €1,560 | €1,040 | €520 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €426,200 | €393,664 | €289,402 | €1.0m | ▲ 254% |
| Leasing and similar rights25 | - | €165,193 | €111,593 | €57,993 | €4,393 | ▼ 92.4% |
| Assets under construction and advance payments27 | - | - | - | €15,000 | €0 | ▼ 100% |
| Financial fixed assets28 | €10,284 | €10,284 | €10,272 | €10,272 | €10,272 | = |
| Current assets29/58 | €415,646 | €326,505 | €576,400 | €909,907 | €1.1m | ▲ 16.0% |
| Amounts receivable after more than one year29 | - | €27,040 | €22,040 | €34,445 | €0 | ▼ 100% |
| Other amounts receivable291 | - | €27,040 | €22,040 | €34,445 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €78,371 | €128,205 | €199,573 | €177,659 | €150,747 | ▼ 15.1% |
| Trade receivables40 | - | €82,791 | €170,978 | €150,206 | €125,674 | ▼ 16.3% |
| Other amounts receivable41 | - | €45,414 | €28,596 | €27,453 | €25,072 | ▼ 8.7% |
| Current investments50/53 | €51,500 | €51,500 | €51,500 | €51,500 | €51,500 | = |
| Cash at bank and in hand54/58 | €255,022 | €117,601 | €301,287 | €643,163 | €849,618 | ▲ 32.1% |
| Deferred charges and accrued income490/1 | - | €2,160 | €2,000 | €3,141 | €3,763 | ▲ 19.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €929,743 | €1.1m | €1.3m | €2.1m | ▲ 63.2% |
| Equity10/15 | €154,971 | -€110,476 | €120,390 | €542,155 | €1.0m | ▲ 91.3% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €261,748 | €261,748 | €261,748 | €261,748 | €261,748 | = |
| Non-distributable reserves130/1 | - | €1,545 | €1,545 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,545 | €1,545 | €0 | - | - |
| Tax-exempt reserves132 | - | €260,204 | €260,204 | €260,204 | €260,204 | = |
| Distributable reserves133 | - | - | - | €1,545 | €1,545 | = |
| Profit (loss) carried forward14 | -€125,327 | -€390,774 | -€159,908 | €261,857 | €756,724 | ▲ 189% |
| Amounts payable17/49 | €1.2m | €1.0m | €972,579 | €740,939 | €1.1m | ▲ 42.6% |
| Amounts payable after more than one year17 | €889,041 | €529,629 | €408,311 | €230,694 | €464,378 | ▲ 101% |
| Financial debts170/4 | - | €529,629 | €408,311 | €230,694 | €464,378 | ▲ 101% |
| Amounts payable within one year42/48 | €332,208 | €492,574 | €564,268 | €510,245 | €592,565 | ▲ 16.1% |
| Current portion of amounts payable after more than one year42 | - | €378,480 | €460,966 | €346,998 | €391,992 | ▲ 13.0% |
| Trade debts44 | €70,698 | €83,266 | €57,378 | €81,405 | €67,754 | ▼ 16.8% |
| Suppliers440/4 | - | €83,266 | €57,378 | €81,405 | €67,754 | ▼ 16.8% |
| Advances received on contracts in progress46 | - | - | - | €20,500 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €25,419 | €42,376 | €58,194 | €79,693 | ▲ 36.9% |
| Taxes450/3 | - | €5,187 | €3,575 | €24,070 | €28,862 | ▲ 19.9% |
| Remuneration and social security454/9 | - | €20,232 | €38,801 | €34,124 | €50,831 | ▲ 49.0% |
| Other amounts payable47/48 | - | €5,409 | €3,548 | €3,148 | €53,125 | ▲ 1,588% |
| Accrued charges and deferred income492/3 | - | €18,016 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€55,011 | -€265,447 | €230,866 | €421,765 | €544,867 | ▲ 29.2% |
| + Depreciation and write-downs630 | €58,362 | €332,289 | €234,615 | €253,382 | €308,223 | ▲ 21.6% |
| Operating cash flow (approximation) | €3,352 | €66,841 | €465,481 | €675,147 | €853,090 | ▲ 26.4% |
| Investment in fixed assets (approximation) | - | €25,048 | -€147,946 | -€110,000 | -€973,374 | ▼ 785% |
| Change in cash | - | -€137,421 | €183,686 | €341,876 | €206,455 | ▼ 39.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €544,867 ▲29.2%
Operating result €750,432, net result €544,867, both a record.
31-12
Financial
Equity above €1mEq €1.0m ▲91.3%
3 profitable years in a row build equity to €1.0m.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Equity above €500,000Eq €542,155 ▲350%
2 profitable years in a row build equity to €542,155.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €230,866
Net result €230,866 after 4 loss-making years.
31-12
Financial
Equity above €100,000Eq €120,390
Equity rises from -€110,476 to €120,390.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€265,447
Net result drops to -€265,447, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
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 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, Meise · 1 establishment unit since 2016
Ground area
609 m²
Building footprint
273 m²
Volume, LiDAR
1,514 m³
Parcel 23050D0053/00N002, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Paardenweidestraat 1, 1861 Meise
since 20162.255.932.067
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23050D0053/00N002 | Flanders | 609 m² | 1 · 272 m² | 6.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,740 EUR awarded · 1,740 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 675 EUR |
| 2024 | 1 | 1,515 EUR | 840 EUR |
| 2023 | 1 | 0 EUR | 225 EUR |
| 2022 | 1 | 225 EUR | 0 EUR |
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Of 963 companies in sector 49310 we hold annual accounts for 488. 141 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
Founded04-08-2016
Fiscal year end31-12
Activities, NACEBEL 2025
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
E-invoicing
Reachable via Peppol
Peppol ID
0208:0660704315
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.