RAES PATRICK & P.
ActiveRAES PATRICK & P. has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 7391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+53
Solvency31▲+15
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.87 in 2024; short-term debt: 94.1% and cash: 6% of total assets), and 94.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.7%
Return on assets
12.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7391 sector peers (2025).
NBB · sector comparisonPosition among 7391 sector peers
Solvency
better than 15%
← weakest
strongest →
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
5 d late
2023
2 d early
2022
52 d early
2021
10 d late
2020
5 d late
2019
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k
2024 · €-14k
2018: €8k
2019: €-6k
2020: €34k
2021: €492
2022: €-14k
2023: €-13k
2024: €-14k
2018 → 2025
Total assets
€203k▲ 31.9%
2024 · €153k
2018: €98k
2019: €87k
2020: €136k
2021: €132k
2022: €130k
2023: €138k
2024: €153k
2018 → 2025
Net result
€26k
2024 · €-1k
2018: €-3k
2019: €-14k
2020: €41k
2021: €-33k
2022: €-14k
2023: €714
2024: €-1k
2018 → 2025
Working capital
€5k
2024 · €-21k
2018: €-10k
2019: €-24k
2020: €19k
2021: €-9k
2022: €-21k
2023: €-20k
2024: €-21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€492-€-14k€-13k▲ 5.3%€-14k▼ 9.2%€12k
Operating result€-33k-€-14k▲ 57.6%€395€-946€25k
Net result€-33k-€-14k▲ 57.7%€714€-1k€26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €25k after a loss of €946 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €203k
Fixed assets
€7k▼ 7.5%
Current assets
€196k▲ 33.9%
Equity and liabilities €203k
Equity
€12k
Debt
€191k
Debt finances 94.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€27k▲
2024 · €1k
Cash flow
€28k▲
2024 · €792
Solvency
5.7%▲
2024 · -9.1%
Current ratio
1.03▲
2024 · 0.87
Quick ratio
0.87▼
2024 · 0.87
Debt / equity
16.42▲
2024 · -11.98
ROE
220.3%
ROA
12.6%▲
2024 · -0.8%
Interest coverage
96.15▲
2024 · 1.76
Debt
€191k▲
2024 · €167k
Debt ≤ 1 year
€191k▲
2024 · €167k
Income taxes
€132▲
2024 · €128
Staff costs
€25k▼
2024 · €56k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€153k€203k▲
Fixed assets21/28€7k€7k▼
Tangible fixed assets22/27€7k€7k▼
Land and buildings22€1k€1k▲
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€418€1k▲
Financial fixed assets28€225€225=
Current assets29/58€146k€196k▲
Stocks and contracts in progress3-€30k
Stocks30/36-€30k
Amounts receivable within one year40/41€11k€11k▲
Trade receivables40€2k€2k▲
Other amounts receivable41€9k€9k▼
Current investments50/53€121k€141k▲
Cash at bank and in hand54/58€10k€12k▲
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€153k€203k▲
Equity10/15€-14k€12k▲
Contributions10/11€13k€13k=
Reserves13€21k€21k=
Distributable reserves133€21k€21k=
Profit (loss) carried forward14€-48k€-22k▲
Amounts payable17/49€167k€191k▲
Amounts payable within one year42/48€167k€191k▲
Trade debts44€2k€13k▲
Suppliers440/4€2k€13k▲
Taxes, remuneration and social security45€8k€197▼
Taxes450/3€8k€197▼
Remuneration and social security454/9€0-
Other amounts payable47/48€158k€177k▲
Accrued charges and deferred income492/3-€232
Income statement
Code20242025
Remuneration, social security and pensions62€56k€25k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€58k€54k▼
Operating profit (loss)9901€-946€25k▲
Financial income75/76B€479€848▲
Recurring financial income75€479€848▲
Financial charges65/66B€580€284▼
Recurring financial charges65€580€284▼
Profit (loss) for the period before taxes9903€-1k€26k▲
Income taxes67/77€128€132▲
Profit (loss) for the period9904€-1k€26k▲
Profit (loss) for the period to be appropriated9905€-1k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-22k▲
Profit (loss) brought forward from the previous period14P€-46k€-48k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €714
Net result €714 after 2 loss-making years.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
31-12
Financial
Weakest financial yearnet €-33k ▼181%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
31-12
Financial
Back to profitnet €41k
Net result €41k after 2 loss-making years.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Roosdaal · 1 establishment unit since 2002
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.
Gootjesstraat 291760 RoosdaalGround area
1,209 m²
Building footprint
119 m²
Volume, LiDAR
881 m³
Parcel 23097A0227/00S002, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gootjesstraat 29, 1760 Roosdaal
since 20022.095.692.819
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23097A0227/00S002 | Flanders | 1,209 m² | 1 · 119 m² | 10.6 m · 3 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 5,134 EUR awarded · 5,134 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,663 EUR | 2,663 EUR |
| 2024 | 1 | 2,471 EUR | 2,471 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 9,824 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-02-2002
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.