PATTY CAKE
ActiveThe computed 12-month bankruptcy probability of PATTY CAKE is 1.9% (moderate). The 2024 annual accounts show negative equity (€-5k) and a net result of €-15. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 2090 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability36▲+36
Solvency0=
Growth38=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
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
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-5k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-11-2025, 118 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
118 d late
2023
332 d late
2022
80 d late
2021
3 d late
2020
37 d early
2019
87 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€13k▼ 12.9%
2023 · €15k
2020: €21k
2022: €15k
2023: €15k
2020 → 2024
EBIT margin
7.2%▲ 9.6pp
2023 · -2.4%
2020: 31.6%
2022: -0.6%
2023: -2.4%
2020 → 2024
Net result
€-15▲ 99.7%
2023 · €-6k
2018: €-9k
2019: €-70
2020: €8k
2021: €9k
2022: €-781
2023: €-6k
2018 → 2024
Working capital
€34
2023 · €-3k
2018: €36k
2019: €-36k
2020: €-22k
2021: €-13k
2023: €-3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€21k-€15k€15k▼ 4.5%€13k▼ 12.9%
Equity€-22k-€-13k▲ 40.4%€-14k▼ 6.0%€-8k▲ 42.7%€-5k▲ 37.1%
Operating result€7k-€12k▲ 83.9%€-94€-360▼ 282%€919
Net result€8k-€9k▲ 6.7%€-781€-6k▼ 665%€-15▲ 99.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €919 after a loss of €360 in 2023.
Key figures and ratios
Debt
€7k▼
2023 · €9k
Debt ≤ 1 year
€2k▼
2023 · €4k
Debt > 1 year
€5k=
2023 · €5k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1k€2k▲
Current assets29/58€1k€2k▲
Amounts receivable within one year40/41-€465
Other amounts receivable41-€465
Cash at bank and in hand54/58€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1k€2k▲
Equity10/15€-8k€-5k▲
Contributions10/11€9k€9k=
Capital10€9k€9k=
Issued capital100€19k€19k=
Uncalled capital101€9k€9k=
Profit (loss) carried forward14€-17k€-14k▲
Amounts payable17/49€9k€7k▼
Amounts payable after more than one year17€5k€5k=
Financial debts170/4€5k€5k=
Amounts payable within one year42/48€4k€2k▼
Trade debts44€437-
Suppliers440/4€437-
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€26-
Income statement
Code20232024
Turnover70€15k€13k▼
Goods, raw materials, services and sundry goods60/61€3k€12k▲
Other operating charges640/8€360-
Gross operating margin9900-€919
Operating profit (loss)9901€-360€919▲
Financial charges65/66B€4k€935▼
Recurring financial charges65€4k€935▼
Profit (loss) for the period before taxes9903€-4k€-15▲
Income taxes67/77€2k-
Profit (loss) for the period9904€-6k€-15▲
Profit (loss) for the period to be appropriated9905€-6k€-15▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-14k▲
Profit (loss) brought forward from the previous period14P€-17k€-14k▲
Transfer from equity791/2€6k-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 118 days late
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 332 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 1.02
Current ratio from 0.27 to 1.02; short-term debt falls from €4k to €2k.
2023
19-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 80 days late
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
31-12
Financial
Highest result since 2018net €9k ▲6.7%
Operating result €12k, net result €9k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 1 day late
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 301 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 122 days late
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kammenstraat 792000 AntwerpenGround area
76 m²
Building footprint
107 m²
Volume, LiDAR
1,125 m³
Parcel 11804D1557/00A000, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PATTY CAKE
since 20102.193.267.592
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D1557/00A000 | Flanders | 76 m² | 1 · 107 m² | 13.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 430 companies in sector 10720 we hold annual accounts for 139. 70 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-10-2010
Fiscal year end31-12
Activities, NACEBEL
10720Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:offergeltjeroen@gmail.com
Phone:0494814126