PETRIS
Open bankruptcySummary
A bankruptcy procedure is open for PETRIS according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €45k and a net result of €15k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 01-10-2024, 62 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
62 d late
2022
88 d late
2021
47 d early
2020
40 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€45k▲ 48.2%
2022 · €30k
2020: €-33klowest in 4 years
2021: €16k▲ +149% vs 2020
2022: €30k▲ +85.3% vs 2021
2023: €45k▲ +48.2% vs 2022highest in 4 years
2020 → 2023
Total assets
€145k▲ 44.2%
2022 · €101k
2020: €50klowest in 4 years
2021: €86k▲ +73.4% vs 2020
2022: €101k▲ +16.6% vs 2021
2023: €145k▲ +44.2% vs 2022highest in 4 years
2020 → 2023
Net result
€15k▲ 4.7%
2022 · €14k
2020: €-37klowest in 4 years
2021: €50k▲ +235% vs 2020highest in 4 years
2022: €14k▼ -72.1% vs 2021
2023: €15k▲ +4.7% vs 2022
2020 → 2023
Working capital
€30k▲ 157%
2022 · €12k
2020: €-54klowest in 4 years
2021: €-829▲ +98.5% vs 2020
2022: €12k▲ +1507% vs 2021
2023: €30k▲ +157% vs 2022highest in 4 years
2020 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€-33k-€16k€30k▲ 85.3%€45k▲ 48.2%
2020: €-33klowest in 4 years
2021: €16k▲ +149% vs 2020
2022: €30k▲ +85.3% vs 2021
2023: €45k▲ +48.2% vs 2022highest in 4 years
Operating result€-31k-€51k€19k▼ 62.0%€23k▲ 21.2%
2020: €-31klowest in 4 years
2021: €51k▲ +266% vs 2020highest in 4 years
2022: €19k▼ -62.0% vs 2021
2023: €23k▲ +21.2% vs 2022
Net result€-37k-€50k€14k▼ 72.1%€15k▲ 4.7%
2020: €-37klowest in 4 years
2021: €50k▲ +235% vs 2020highest in 4 years
2022: €14k▼ -72.1% vs 2021
2023: €15k▲ +4.7% vs 2022
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 21% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €145k
Fixed assets
€15k ▼ 26.7%
Current assets
€130k ▲ 61.8%
Equity and liabilities €145k
Equity
€45k ▲ 48.2%
Debt
€101k ▲ 42.4%
Debt's share of the balance-sheet total falls from 70.1% to 69.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▲
2022 · €26k
Cash flow
€22k▲
2022 · €21k
Current ratio
1.30▲
2022 · 1.17
Quick ratio
1.19▲
2022 · 0.98
Debt to equity
2.25▼
2022 · 2.34
ROE
32.5%▼
2022 · 46.0%
ROA
10.0%▼
2022 · 13.8%
Interest coverage
13.12▼
2022 · 18.98
Debt ≤ 1 year
€101k▲
2022 · €69k
Income taxes
€6k▲
2022 · €4k
Staff costs
€106k▲
2022 · €80k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 50 lines
Balance sheet
Code20222023
Assets
Total assets20/58€101k€145k▲
Fixed assets21/28€20k€15k▼
Tangible fixed assets22/27€20k€15k▼
Land and buildings22€9k€6k▼
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€81k€130k▲
Stocks and contracts in progress3€13k€10k▼
Stocks30/36€13k€10k▼
Amounts receivable within one year40/41€21k€44k▲
Trade receivables40€7k€12k▲
Other amounts receivable41€14k€32k▲
Cash at bank and in hand54/58€47k€76k▲
Deferred charges and accrued income490/1€3€2▼
Equity and liabilities
Total equity and liabilities10/49€101k€145k▲
Equity10/15€30k€45k▲
Contributions10/11€4k€4k=
Outside capital11€4k€4k=
Other1109/19€4k€4k=
Reserves13€27k€41k▲
Non-distributable reserves130/1€350€350=
Legal reserve130€350€350=
Distributable reserves133€26k€41k▲
Amounts payable17/49€71k€101k▲
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€69k€101k▲
Current portion of amounts payable after more than one year42€3k€2k▼
Trade debts44€48k€77k▲
Suppliers440/4€48k€77k▲
Taxes, remuneration and social security45€18k€22k▲
Taxes450/3€5k€6k▲
Remuneration and social security454/9€13k€16k▲
Income statement
Code20222023
Remuneration, social security and pensions62€80k€106k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€5k€20k▲
Non-recurring operating charges66A€300-
Gross operating margin9900€111k€157k▲
Operating profit (loss)9901€19k€23k▲
Financial income75/76B€225-
Recurring financial income75€225-
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€18k€21k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€14k€15k▲
Profit (loss) for the period to be appropriated9905€14k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€15k▲
Transfer to equity691/2€14k€15k▲
To other reserves6921€14k€15k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €94k | €80k | €106k | ▲ 32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €7k | €7k | €8k | ▲ 11.5% |
| Other operating charges640/8 | - | €4k | €5k | €20k | ▲ 325% |
| Non-recurring operating charges66A | - | - | €300 | - | - |
| Gross operating margin9900 | €14k | €155k | €111k | €157k | ▲ 41.6% |
| Operating profit (loss)9901 | €-31k | €51k | €19k | €23k | ▲ 21.2% |
| Financial income75/76B | - | - | €225 | - | - |
| Recurring financial income75 | - | - | €225 | - | - |
| Financial charges65/66B | - | €1k | €1k | €2k | ▲ 71.6% |
| Recurring financial charges65 | €6k | €1k | €1k | €2k | ▲ 71.6% |
| Profit (loss) for the period before taxes9903 | €-37k | €50k | €18k | €21k | ▲ 15.9% |
| Income taxes67/77 | - | - | €4k | €6k | ▲ 52.3% |
| Profit (loss) for the period9904 | €-37k | €50k | €14k | €15k | ▲ 4.7% |
| Profit (loss) for the period to be appropriated9905 | €-37k | €50k | €14k | €15k | ▲ 4.7% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €50k | €86k | €101k | €145k | ▲ 44.2% |
| Fixed assets21/28 | €28k | €22k | €20k | €15k | ▼ 26.7% |
| Tangible fixed assets22/27 | €28k | €22k | €20k | €15k | ▼ 26.7% |
| Land and buildings22 | - | €7k | €9k | €6k | ▼ 33.2% |
| Plant, machinery and equipment23 | - | €14k | €10k | €7k | ▼ 25.6% |
| Furniture and vehicles24 | - | €752 | €2k | €2k | ▼ 0.8% |
| Current assets29/58 | €22k | €65k | €81k | €130k | ▲ 61.8% |
| Stocks and contracts in progress3 | €9k | €19k | €13k | €10k | ▼ 19.3% |
| Stocks30/36 | - | €19k | €13k | €10k | ▼ 19.3% |
| Amounts receivable within one year40/41 | €7k | €6k | €21k | €44k | ▲ 112% |
| Trade receivables40 | - | €2k | €7k | €12k | ▲ 75.3% |
| Other amounts receivable41 | - | €3k | €14k | €32k | ▲ 131% |
| Cash at bank and in hand54/58 | €5k | €39k | €47k | €76k | ▲ 61.8% |
| Deferred charges and accrued income490/1 | - | €421 | €3 | €2 | ▼ 33.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €50k | €86k | €101k | €145k | ▲ 44.2% |
| Equity10/15 | €-33k | €16k | €30k | €45k | ▲ 48.2% |
| Contributions10/11 | €4k | €4k | €4k | €4k | = |
| Outside capital11 | - | €4k | €4k | €4k | = |
| Other1109/19 | - | €4k | €4k | €4k | = |
| Reserves13 | - | €13k | €27k | €41k | ▲ 54.6% |
| Non-distributable reserves130/1 | - | €350 | €350 | €350 | = |
| Legal reserve130 | - | €350 | €350 | €350 | = |
| Distributable reserves133 | - | €12k | €26k | €41k | ▲ 55.3% |
| Profit (loss) carried forward14 | €-37k | - | - | - | - |
| Amounts payable17/49 | €83k | €70k | €71k | €101k | ▲ 42.4% |
| Amounts payable after more than one year17 | €8k | €5k | €2k | - | - |
| Financial debts170/4 | - | €5k | €2k | - | - |
| Amounts payable within one year42/48 | €76k | €65k | €69k | €101k | ▲ 45.8% |
| Current portion of amounts payable after more than one year42 | - | €3k | €3k | €2k | ▼ 47.7% |
| Trade debts44 | €41k | €47k | €48k | €77k | ▲ 59.9% |
| Suppliers440/4 | - | €47k | €48k | €77k | ▲ 59.9% |
| Taxes, remuneration and social security45 | - | €15k | €18k | €22k | ▲ 23.8% |
| Taxes450/3 | - | - | €5k | €6k | ▲ 25.1% |
| Remuneration and social security454/9 | - | €15k | €13k | €16k | ▲ 23.3% |
| Other amounts payable47/48 | - | €1k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-37k | €50k | €14k | €15k | ▲ 4.7% |
| + Depreciation and write-downs630 | €4k | €7k | €7k | €8k | ▲ 11.5% |
| Operating cash flow (approximation) | €-32k | €56k | €21k | €22k | ▲ 7.0% |
| Investment in fixed assets (approximation) | - | €-1 | €-5k | €-3k | ▲ 52.5% |
| Change in cash | - | €35k | €7k | €29k | ▲ 290% |
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
07-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 30-04-2026
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 62 days late
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 88 days late
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, De Haan · 3 establishment units since 2019
Ground area
830 m²
Building footprint
336 m²
Volume, LiDAR
1,445 m³
3 parcels, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
PETRIS
since 20192.298.049.764
Petris
since 20202.302.539.874
Zuidzandstraat 36, 8000 Brugge
since 20242.367.051.903
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31038B0071/00K004 | Flanders | 532 m² | 1 · 149 m² | 4.9 m · 1 fl. |
| 31038A0402/00Z003 | Flanders | 191 m² | 1 · 83 m² | 4.5 m |
| 31804D1435/00A000 | Flanders | 106 m² | 1 · 105 m² | 12.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JENS VREBOS HAMILTONPARK 24-26, 8000 BRUGGE- |
30-04-2026 → present |
| Curator | MARLIES DE BRABANDERE HAMILTON-
PARK 24-26, 8000 BRUGGE |
30-04-2026 → present |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 2,824 EUR awarded · 2,824 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 648 EUR | 648 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
3 sitesBrugge2.367.051.903
De Haan2.298.049.764
De Haan2.302.539.874
Similar companies · same sector, comparable size
LES CUP'INN
BE 0556.841.069
Namur · Eq €44,840
LSV Consult
BE 0701.708.391
Mont-Saint-Guibert · Eq €44,347
Bakkerij De Knop
BE 0790.169.027
Affligem · Eq €44,332
INMA
BE 0890.833.845
Sint-Jans-Molenbeek · Eq €44,916
MDAB
BE 0678.918.143
Sint-Jans-Molenbeek · Eq €44,291
Of 4,227 companies in sector 10712 we hold annual accounts for 1,870. 1,510 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
Scores and ratios are computed by Checked and are not a credit decision.