Skip to content

Pattyn Albert & Cie

Active
Public limited companyfounded 1989active for 37 yearsNijverheidslaan 5, 8560 Wevelgem, BelgiumKBO/BCE: BE 0437.897.293

From 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 is growing by about 33% per year across the filed financial years. Its solvency ranks better than 78% of 2,441 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow ReportCompare
Pattyn Albert & CieActiveChecked score 67/100
Risk analysis ReportCompare

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
Company details

Who decides

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
Board & ownership

How it is doing

67 Healthy Checked score 2025
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 22 days early
Filed on 09-07-2026at the National Bank
Financials
Why 67raises riskLiquidity: current ratio 0.27, cash €30,5691 of the last 3 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 better than 40% of its sector peers (NACE 43, small)
Every signal that counts is listed under Signals.
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, 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).

Sector median 0.3% (2,649 companies, NACE 43, small)
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 insufficient (current ratio 0.27, compared with 0.81 in 2024, below 1; short-term debt: 12.6% and cash: 0.4% of total assets), and 33.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 84% 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.27, cash €30,569
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Loss of €332,416, the second in a row (financial year 2025)
NBB · annual accounts
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 2025
Net 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 filings
Deviation 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

This company filed its last 7 accounts on average 15 days after the deadline; the sector median (NACE 43) for financial year 2024 is 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 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
Searched since 2021.
KBO publications · our coverage

Key points

  • Caution: Among the weakest 5% on net resultsector median €42,866 · 2,442 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 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

All 36 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Pattyn Albert & Cie

What is the company number of Pattyn Albert & Cie?
0437.897.293. In Belgium the VAT number is the company 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?
Public limited company (NV).
When was Pattyn Albert & Cie 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?
On average 21 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Pattyn Albert & Cie?
€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?
By 31-07-2027, for financial year 2026.Timeline

Companies related to Pattyn Albert & Cie

Go further with this company

How much credit can you give this customer, and on what payment terms?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 trust this company with building work?Contractor 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

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure