PHILIPPE PATTE
ActivePHILIPPE PATTE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €147k and a net result of €66k. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 74% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency93▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.81 against 2.77 in 2023; short-term debt: 31.8% and cash: 16% of total assets), and 31.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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
30 d late
2023
121 d late
2022
31 d late
2021
60 d late
2020
91 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€147k▲ 16.6%
2023 · €126k
2018: €76k
2019: €73k
2020: €83k
2021: €98k
2022: €114k
2023: €126k
2018 → 2024
Total assets
€215k▲ 17.5%
2023 · €183k
2018: €99k
2019: €117k
2020: €137k
2021: €159k
2022: €157k
2023: €183k
2018 → 2024
Net result
€66k▲ 5.8%
2023 · €62k
2018: €3k
2019: €17k
2020: €28k
2021: €33k
2022: €16k
2023: €62k
2018 → 2024
Working capital
€123k▲ 22.0%
2023 · €101k
2018: €56k
2019: €54k
2020: €71k
2021: €93k
2022: €133k
2023: €101k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€83k-€98k▲ 18.4%€114k▲ 15.8%€126k▲ 10.3%€147k▲ 16.6%
Operating result€26k-€40k▲ 50.7%€12k▼ 68.5%€70k▲ 460%€68k▼ 2.5%
Net result€28k-€33k▲ 17.0%€16k▼ 53.3%€62k▲ 299%€66k▲ 5.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €215k
Fixed assets
€23k▼ 5.7%
Current assets
€192k▲ 21.1%
Equity and liabilities €215k
Equity
€147k▲ 16.6%
Debt
€68k▲ 19.4%
The debt ratio rises from 31.3% to 31.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€73k▲
2023 · €71k
Cash flow
€71k▲
2023 · €64k
Solvency
68.2%▼
2023 · 68.7%
Current ratio
2.81▲
2023 · 2.77
Quick ratio
2.81▲
2023 · 2.77
Debt / equity
0.47▲
2023 · 0.46
ROE
44.9%▼
2023 · 49.5%
ROA
30.6%▼
2023 · 34.0%
Interest coverage
74.28▲
2023 · 58.32
Debt
€68k▲
2023 · €57k
Debt ≤ 1 year
€68k▲
2023 · €57k
Income taxes
€8k▲
2023 · €6k
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€183k€215k▲
Fixed assets21/28€25k€23k▼
Tangible fixed assets22/27€25k€23k▼
Plant, machinery and equipment23€17k€18k▲
Furniture and vehicles24€7k€5k▼
Current assets29/58€158k€192k▲
Amounts receivable within one year40/41€146k€155k▲
Trade receivables40€28k€23k▼
Other amounts receivable41€118k€131k▲
Cash at bank and in hand54/58€13k€34k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€183k€215k▲
Equity10/15€126k€147k▲
Contributions10/11€3k€3k=
Reserves13€31k€52k▲
Distributable reserves133€31k€52k▲
Profit (loss) carried forward14€92k€92k=
Amounts payable17/49€57k€68k▲
Amounts payable within one year42/48€57k€68k▲
Current portion of amounts payable after more than one year42€666-
Trade debts44€6k€17k▲
Suppliers440/4€6k€17k▲
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€4k€7k▲
Other amounts payable47/48€46k€45k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€6k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€1k-
Other operating charges640/8€1k€1k▲
Gross operating margin9900€74k€75k▲
Operating profit (loss)9901€70k€68k▼
Financial income75/76B€56€7k▲
Recurring financial income75€56€7k▲
Financial charges65/66B€1k€989▼
Recurring financial charges65€1k€989▼
Profit (loss) for the period before taxes9903€69k€74k▲
Income taxes67/77€6k€8k▲
Profit (loss) for the period9904€62k€66k▲
Profit (loss) for the period to be appropriated9905€62k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€137k€158k▲
Profit (loss) brought forward from the previous period14P€75k€92k▲
Transfer to equity691/2-€21k
To other reserves6921-€21k
Profit to be distributed694/7€45k€45k=
Directors or managers695€45k€45k=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Highest result since 2018net €66k ▲5.8%
Net result €66k, the highest in the series.
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 121 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 7.31
Current ratio from 2.52 to 7.31; short-term debt falls from €61k to €21k.
31-12
Financial
Equity above €100kEq €114k ▲15.8%
5 profitable years in a row build equity to €114k.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Genappe · 1 establishment unit since 2005
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.
Rue des Elus 81476 GenappeGround area
1,089 m²
Building footprint
144 m²
Volume, LiDAR
822 m³
Parcel 25041D0183/00G000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Philippe Patte SPRL
since 20052.148.459.334
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25041D0183/00G000 | Wallonia | 1,089 m² | 1 · 144 m² | 7.8 m · 2 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.
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Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 1,904 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2005
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.