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PATTON CORPORATION

Active
Public limited companyfounded 1988active for 37 yearsHasseltsestraat(Oph) 49A, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0436.114.176
Summary

PATTON CORPORATION has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €651,336 and a net result of -€17,827. Equity has been stable since 2018 (±0.4% per year). Its solvency ranks better than 64% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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PATTON CORPORATIONActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 12-12-1988 Normal situation
Activity
Buying and selling of own real estate NACE 68110and 2 others
Establishment unit
2.041.769.727 9500 Geraardsbergen, since 29-12-1988
Financial year end
31 December
Peppol
Reachable since 03-12-2025
Company details

Board and ownership

Board
  • KRIPACODirector · permanent representative Kristof Papeleu
Shareholders
and 1 other shareholder
Board & ownership

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€56,083
▼ 39.1%
Turnover
≈ €140,000
estimated
Loss
€17,827
Equity
€651,336
▼ 2.7%
Total assets
€1.2m
▲ 66.5%
  • 2025 accounts filed 28 days after the deadline
Filed on 28-08-2026
Financials
Score breakdownraises riskLiquidity: current ratio 0.38, cash €11,427, halvedLoss of €17,827 (financial year 2025)lowers riskSize: total assets €1.2mFounded in 1988Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 46% of micro companies in real estate (NACE 68)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 80-20
equity 55.0% of total assets
Liquidity 31-45
short-term debt 42.4% · cash 1.0%
Profitability 67+13
return on assets -1.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: 0.1%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.38 (15.55 in 2024), below 1. Short-term debt is 42.4% and cash 1% of total assets. 45% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 68% of them on solvency, 24% on liquidity, 53% on profitability and 38% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.38, cash €11,427, halved
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €17,827 (financial year 2025)
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
29 days late
2023
30 days late
2022
123 days early
2021
3 days early
2020
52 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €45,871 in 2024 -€17,827 View

Recent changes

  1. · Gazette deed Registered office moved within GeraardsbergenResignations: NV AD - FI - CON, BV NEWTON and BV COESENS RENTING SERVICE · Permanent representatives: Coesens Vicky, Coesens Luc and 2 others · Appointment: BV KRIPACO (director)
  2. · Gazette deed Incorporation
All 16 events

Companies linked to PATTON CORPORATION

Comparable companies

These companies have the same main activity as PATTON CORPORATION: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €1.1m and €1.3m, founded between 1984 and 1990.

CompanyTotal assetsGross margin
PATTON CORPORATION Geraardsbergen€1.2m€0.06m
FRANK KESTELYN Kruisem€1.2m€0.04m
Wendy Van Herck Oud-Turnhout€1.2m€0.06m
ANBRUDO Edegem€1.2m€0.06m
CONFIDIM Puurs-Sint-Amands€1.2m€0.05m
JOSIR Waregem€1.1m€0.05m
TIMMERMAN Beernem€1.3m€0.07m
Full comparison

Key facts about PATTON CORPORATION
What is the company number of PATTON CORPORATION?
The company number of PATTON CORPORATION is 0436.114.176. The VAT number is the same number with BE in front: BE 0436.114.176.
Where is PATTON CORPORATION based?
The registered office is at Hasseltsestraat(Oph) 49A, 9500 Geraardsbergen.Company details
What does PATTON CORPORATION do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of PATTON CORPORATION?
The legal form of PATTON CORPORATION is Public limited company (NV).
When was PATTON CORPORATION founded?
PATTON CORPORATION was founded on 12-12-1988.
Is PATTON CORPORATION still active?
Yes, PATTON CORPORATION is an active enterprise in the KBO register.
What is the turnover of PATTON CORPORATION?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €56,083 and 47 comparable companies (NACE 681). It probably lies between €75,000 and €300,000.Financials
Is PATTON CORPORATION profitable?
In financial year 2025, PATTON CORPORATION made a loss of €17,827.
Where can I find the annual accounts of PATTON CORPORATION?
PATTON CORPORATION filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PATTON CORPORATION due?
PATTON CORPORATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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