Pattyn Albert & Cie
ActiveFrom the official registers: KBO 36 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Pattyn Albert & Cie has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.7m and a net result of -€332,416. Equity has been growing by about 33% per year since 2019. Its solvency ranks better than 78% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Official details
KBO- Status
- Active since 29-06-1989 Normal situation
- Legal form
- Public limited company
- Registered office
- Nijverheidslaan 5, 8560 Wevelgem
- Activity
- Painting of buildings NACE 43341
- Establishment unit
- 2.044.085.156 8560 Wevelgem, since 13-07-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Board and ownership
Board
- LIPPENS N MANAGEMENT BVDirector · since 21-08-2024 · permanent representative Nicolas Lippens
- WP CONSULTINGDirector · since 26-02-2026 · permanent representative Wouter Pauwels
- Auditor
- BV Baker Tilly Bedrijfsrevisoren
Shareholders
- Holdings
- Shares in 1 company Staal Straal Weelde
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
Annual accounts 2025
- Turnover
- €1.4m
- ▼ 29.6%
- Loss
- €332,416
- ▲ 12.7%
- Equity
- €5.7m
- ▼ 5.5%
- Total assets
- €8.6m
- ▼ 15.6%
- Staff
- 21 FTE
- ▼ 7.9%
2025 accounts filed 22 days before the deadline
Filed on 09-07-2026at the National Bank
Score breakdownraises riskLiquidity: current ratio 0.27, cash €30,5691 of the last 3 accounts lateLoss of €332,416, the second in a row (financial year 2025)lowers riskFounded in 1989Show the evidence
Checked score
Score 2025
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 40% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency
91+7
equity 66.3% of total assets
Liquidity
49+7
short-term debt 12.6% · cash 0.4%
Profitability
9-1
return on assets -3.9%
Bankruptcy probability within 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.0%
12-2024: 5.5%▲ +0.5 percentage points vs 11-2024highest value
01-2025: 0.3%▼ -5.2 percentage points vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.4%▲ +0.1 percentage points vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 1.6%▲ +1.2 percentage points vs 07-2025
09-2025: 1.6%● unchanged vs 08-2025
10-2025: 1.6%● unchanged vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 0.9%▼ -0.7 percentage points vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 0.8%▼ -0.1 percentage points vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.27 (0.81 in 2024), below 1. Short-term debt is 12.6% and cash 0.4% of total assets. 33.7% 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 43, small). It does better than 84% of them on solvency, 56% on liquidity, 6% on profitability and 14% on growth.
The bankruptcy probability was computed on 31-10-2026 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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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€332,416
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
14 days early
2023
142 days late
2022
178 days late
2021
65 days early
2020
59 days early
2019
57 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 15 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 4 October (3 of the last 4 filed years within 87 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Caution: Lower net result than 95% of companies in specialised constructionsector median €42,866 · 2,446 companies -€332,416 View
- Caution: Turnover fell in 2025from €2.0m to €1.4m ▼ 29.6% View
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€332,416 View
- Board changedlatest change 25-03-2026 · 2 in office 1 joined · 1 left View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 09-07-2026
- Annual accounts 2024filed on 17-07-2025
- Annual accounts 2023filed on 20-12-2024
- Annual accounts 2022filed on 25-01-2024
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 25-03-2026
- Resignations & appointmentsact of 31-10-2024
- Amendment of the articles · Resignations & appointmentsact of 17-04-2024
- Registered office · Resignations & appointmentsact of 08-03-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0437.897.293
Key facts about Pattyn Albert & Cie
- What is the company number of Pattyn Albert & Cie?
- The company number of Pattyn Albert & Cie is 0437.897.293. The VAT number is the same number with BE in front: BE 0437.897.293.
- Where is Pattyn Albert & Cie based?
- The registered office is at Nijverheidslaan 5, 8560 Wevelgem.Company details
- What does Pattyn Albert & Cie do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of Pattyn Albert & Cie?
- The legal form of Pattyn Albert & Cie is Public limited company (NV).
- When was Pattyn Albert & Cie founded?
- Pattyn Albert & Cie was founded on 29-06-1989.
- Is Pattyn Albert & Cie still active?
- Yes, Pattyn Albert & Cie is an active enterprise in the KBO register.
- How many employees does Pattyn Albert & Cie have?
- Pattyn Albert & Cie had an average of 21 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Pattyn Albert & Cie?
- The turnover of Pattyn Albert & Cie was €1.4m in financial year 2025, according to the filed annual accounts.
- Is Pattyn Albert & Cie profitable?
- In financial year 2025, Pattyn Albert & Cie made a loss of €332,416.
- Where can I find the annual accounts of Pattyn Albert & Cie?
- Pattyn Albert & Cie filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of Pattyn Albert & Cie due?
- Pattyn Albert & Cie must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Companies linked to Pattyn Albert & Cie
Subsidiaries and holdings
Comparable companies
These companies have the same main activity as Pattyn Albert & Cie: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €2.9m and €7m, founded between 1968 and 2004.
| Company | Total assets | Turnover |
|---|---|---|
| Pattyn Albert & Cie Wevelgem | €8.6m | €1.4m |
| IS Werken Wommelgem | €2.9m | €1.7m |
| FDK Brugge | €7.0m | - |
| TRAVAUX & RENOVATIONS Herstal | €5.8m | - |
| LAKKERIJ VANDERMAESEN Tessenderlo-Ham | €6.3m | - |
| BUIJSSE PAINTING Lokeren | €7.0m | - |
| EGALO Lebbeke | €6.7m | - |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
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