PATYFIN
ActiveSummary
The computed 12-month bankruptcy probability of PATYFIN is 5.7% (elevated). For PATYFIN, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€32,193) and a net result of -€1,623. Equity remains stable across the filed fiscal years (±1.3% per year). The company has been active since 1994 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 3 administrative register entries (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth32=
Track record76
Bankruptcy probability, 12 months
5.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Nine 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 2023Solvency, return and age of the figures
Solvency
-404.5%
Return on assets
-20.4%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 13-09-2024, 44 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
44 d late
2022
289 d late
2021
2 d late
2020
26 d early
2019
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 58 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
3 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struck×2Address strikeout stopped
History
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Financials · fiscal year 2023, full schema
Turnover
€0▼ 100%
2021 · €3,250
EBIT margin
50.7%
Net result
-€1,623▼ 1.2%
2022 · -€1,603
Working capital
-€32,193▼ 5.3%
2022 · -€30,570
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€3,250€0▼ 100%
Operating result-€1,499▼ 244%-€1,507▼ 0.5%€1,648-€1,603-€1,623▼ 1.2%
Net result-€1,499▼ 244%-€1,507▼ 0.5%€1,648-€1,603-€1,623▼ 1.2%
EBIT margin50.7%
Equity-€30,615▼ 5.1%-€32,122▼ 4.9%-€28,967▲ 9.8%-€30,570▼ 5.5%-€32,193▼ 5.3%
Total assets€7,584=€7,584=€8,174▲ 7.8%€8,141▼ 0.4%€7,958▼ 2.2%
Debt€38,199▲ 4.1%€39,706▲ 3.9%€37,141▼ 6.5%€38,711▲ 4.2%€40,151▲ 3.7%
Working capital-€30,615▼ 5.1%-€32,122▼ 4.9%-€28,967▲ 9.8%-€30,570▼ 5.5%-€32,193▼ 5.3%
Staff (FTE)00
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,623 in 2023 against €1,603 in 2022; the loss grows and 2023 has the lowest result in the available series.
Key figures and ratios
Solvency
-404.5%▼
2022 · -375.5%
Current ratio
0.20▼
2022 · 0.21
ROA
-20.4%▼
2022 · -19.7%
Debt ≤ 1 year
€40,151▲
2022 · €38,711
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €3,250 | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €1,255 | €1,255 | €1,275 | ▲ 1.6% |
| Other operating charges640/8 | - | - | €348 | €348 | €348 | = |
| Gross operating margin9900 | - | - | €1,996 | -€1,255 | -€1,275 | ▼ 1.6% |
| Operating profit (loss)9901 | -€1,499 | -€1,507 | €1,648 | -€1,603 | -€1,623 | ▼ 1.2% |
| Profit (loss) for the period before taxes9903 | -€1,499 | -€1,507 | €1,648 | -€1,603 | -€1,623 | ▼ 1.2% |
| Profit (loss) for the period9904 | -€1,499 | -€1,507 | €1,648 | -€1,603 | -€1,623 | ▼ 1.2% |
| Profit (loss) for the period to be appropriated9905 | -€1,499 | -€1,507 | €1,648 | -€1,603 | -€1,623 | ▼ 1.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7,584 | €7,584 | €8,174 | €8,141 | €7,958 | ▼ 2.2% |
| Current assets29/58 | €7,584 | €7,584 | €8,174 | €8,141 | €7,958 | ▼ 2.2% |
| Amounts receivable within one year40/41 | €7,584 | €7,584 | €7,584 | €7,836 | €7,584 | ▼ 3.2% |
| Trade receivables40 | - | - | €7,584 | €7,584 | €7,584 | = |
| Other amounts receivable41 | - | - | - | €252 | - | - |
| Cash at bank and in hand54/58 | - | - | €590 | €305 | €374 | ▲ 22.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7,584 | €7,584 | €8,174 | €8,141 | €7,958 | ▼ 2.2% |
| Equity10/15 | -€30,615 | -€32,122 | -€28,967 | -€30,570 | -€32,193 | ▼ 5.3% |
| Contributions10/11 | €111,552 | €111,552 | €111,552 | €111,552 | €111,552 | = |
| Capital10 | - | - | €111,552 | €111,552 | €111,552 | = |
| Issued capital100 | - | - | €111,552 | €111,552 | €111,552 | = |
| Profit (loss) carried forward14 | -€142,167 | -€143,674 | -€140,519 | -€142,122 | -€143,745 | ▼ 1.1% |
| Amounts payable17/49 | €38,199 | €39,706 | €37,141 | €38,711 | €40,151 | ▲ 3.7% |
| Amounts payable within one year42/48 | €38,199 | €39,706 | €37,141 | €38,711 | €40,151 | ▲ 3.7% |
| Taxes, remuneration and social security45 | - | - | €740 | - | - | - |
| Taxes450/3 | - | - | €740 | - | - | - |
| Other amounts payable47/48 | - | - | €36,401 | €38,711 | €40,151 | ▲ 3.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,499 | -€1,507 | €1,648 | -€1,603 | -€1,623 | ▼ 1.2% |
| Operating cash flow (approximation) | -€1,499 | -€1,507 | €1,648 | -€1,603 | -€1,623 | ▼ 1.2% |
| Change in cash | - | - | - | -€285 | €69 | ▲ 124% |
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
2026
13-04
KBO administration
Address struck
Louizalaan 523 1050 L’adresse du siège Avenue Louise 523 1050 Die Sitzadresse Avenue Louise / Louizalaan
Brussel werd doorgehaald met ingang van Bruxelles · event 29-03-2026
2024
13-09
KBO administration
Address strikeout stopped
event 01-07-2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 44 days late
09-08
KBO administration
Address struck
Louizalaan 523 1050 L’adresse du siège Avenue Louise 523 1050 Die Sitzadresse Avenue Louise / Louizalaan
Brussel werd doorgehaald met ingang van Bruxelles · event 27-06-2024
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 289 days late
2023
31-12
Financial
Weakest financial yearnet -€1,623
Net result drops to -€1,623, the lowest in the series.
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 2 days late
2021
31-12
Financial
Back to profitnet €1,648
Net result €1,648 after 3 loss-making years.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 141 days late
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 506 days late
Show earlier events
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 871 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 122 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 488 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1994
Ground area
1.2 ha
Building footprint
2,446 m²
Volume, LiDAR
49,111 m³
2 parcels, Brussels · tallest building 38.1 m, ±7 floors. Linked by address, not a title deed.
332
companies at this address
See who is registered here
1 establishment unit
Groene Corniche 3, 1150 Sint-Pieters-Woluwe
since 19942.066.798.794
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0188/00S011 | Brussels | 8,581 m² | 1 · 568 m² | 15.5 m · 3 fl. |
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company details
Identification
Legal formPublic limited company
Founded21-04-1994
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.