IMMO PATANN
ActiveSummary
IMMO PATANN has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,664 and a net result of €3,442. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 403 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability53▲+3
Solvency58▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.28 in 2024; short-term debt: 65.9% and cash: 17.4% of total assets), and 67.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
32.6%
Return on assets
1.3%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
174 d early
2023
26 d early
2022
62 d early
2021
25 d early
2020
43 d early
2019
2 d 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 52 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 June (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€85,664▼ 0.8%
2024 · €86,360
Total assets
€262,829▲ 5.9%
2024 · €248,099
Net result
€3,442▲ 13.6%
2024 · €3,030
Working capital
-€88,966▲ 21.2%
2024 · -€112,914
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€24,076▼ 0.2%€22,318▼ 7.3%€20,538▼ 8.0%€19,236▼ 6.3%€18,131▼ 5.7%
Net result€13,536within the sector's middle half▲ 35.3%€13,061within the sector's middle half▼ 3.5%€10,158within the sector's middle half▼ 22.2%€3,030within the sector's middle half▼ 70.2%€3,442within the sector's middle half▲ 13.6%
Equity€85,175within the sector's middle half▲ 5.1%€89,418within the sector's middle half▲ 5.0%€92,121within the sector's middle half▲ 3.0%€86,360within the sector's middle half▼ 6.3%€85,664within the sector's middle half▼ 0.8%
Total assets€321,623within the sector's middle half▼ 2.5%€307,699within the sector's middle half▼ 4.3%€286,880within the sector's middle half▼ 6.8%€248,099within the sector's middle half▼ 13.5%€262,829within the sector's middle half▲ 5.9%
Debt€236,448▼ 5.0%€218,281▼ 7.7%€194,759▼ 10.8%€161,738▼ 17.0%€177,165▲ 9.5%
Working capital-€124,565below the sector's middle half▲ 6.6%-€146,792below the sector's middle half▼ 17.8%-€131,587below the sector's middle half▲ 10.4%-€112,914below the sector's middle half▲ 14.2%-€88,966below the sector's middle half▲ 21.2%
Solvency26.5%within the sector's middle half▲ 1.9pp29.1%within the sector's middle half▲ 2.6pp32.1%within the sector's middle half▲ 3.1pp34.8%within the sector's middle half▲ 2.7pp32.6%within the sector's middle half▼ 2.2pp
Current ratio0.38below the sector's middle half▲ 0.060.27below the sector's middle half▼ 0.110.31below the sector's middle half▲ 0.040.28below the sector's middle half▼ 0.030.49below the sector's middle half▲ 0.20
Return on assets (ROA)4.2%within the sector's middle half▲ 1.2pp4.2%within the sector's middle half=3.5%within the sector's middle half▼ 0.7pp1.2%within the sector's middle half▼ 2.3pp1.3%within the sector's middle half▲ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 6% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €262,829
Fixed assets
€178,708 ▼ 12.1%
Current assets
€84,122 ▲ 88.3%
Equity and liabilities €262,829
Equity
€85,664 ▼ 0.8%
Debt
€177,165 ▲ 9.5%
Debt's share of the balance-sheet total rises from 65.2% to 67.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€42,837▼
2024 · €43,943
Cash flow
€28,148▲
2024 · €27,737
Debt to equity
2.07▲
2024 · 1.87
ROE
4.0%▲
2024 · 3.5%
Interest coverage
3.90▲
2024 · 3.62
Debt ≤ 1 year
€173,088▲
2024 · €157,598
Income taxes
€4,081▲
2024 · €4,054
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,500 | €23,178 | €24,707 | €24,707 | €24,707 | = |
| Other operating charges640/8 | €6,229 | €6,372 | €6,985 | €7,258 | €7,484 | ▲ 3.1% |
| Gross operating margin9900 | €51,805 | €51,867 | €52,230 | €51,201 | €50,321 | ▼ 1.7% |
| Operating profit (loss)9901 | €24,076 | €22,318 | €20,538 | €19,236 | €18,131 | ▼ 5.7% |
| Financial income75/76B | €2,771 | €632 | - | - | €388 | - |
| Recurring financial income75 | €2,771 | €632 | - | - | €388 | - |
| Financial charges65/66B | €7,201 | €6,464 | €5,567 | €12,153 | €10,995 | ▼ 9.5% |
| Recurring financial charges65 | €7,201 | €6,464 | €5,567 | €12,153 | €10,995 | ▼ 9.5% |
| Profit (loss) for the period before taxes9903 | €19,646 | €16,486 | €14,971 | €7,084 | €7,523 | ▲ 6.2% |
| Income taxes67/77 | €6,110 | €3,425 | €4,813 | €4,054 | €4,081 | ▲ 0.7% |
| Profit (loss) for the period9904 | €13,536 | €13,061 | €10,158 | €3,030 | €3,442 | ▲ 13.6% |
| Profit (loss) for the period to be appropriated9905 | €13,536 | €13,061 | €10,158 | €3,030 | €3,442 | ▲ 13.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €321,623 | €307,699 | €286,880 | €248,099 | €262,829 | ▲ 5.9% |
| Fixed assets21/28 | €243,940 | €252,827 | €228,121 | €203,414 | €178,708 | ▼ 12.1% |
| Tangible fixed assets22/27 | €243,940 | €252,827 | €228,121 | €203,414 | €178,708 | ▼ 12.1% |
| Land and buildings22 | €243,940 | €252,827 | €228,121 | €203,414 | €178,708 | ▼ 12.1% |
| Current assets29/58 | €77,683 | €54,872 | €58,759 | €44,685 | €84,122 | ▲ 88.3% |
| Amounts receivable within one year40/41 | - | €1,574 | - | €175 | - | - |
| Other amounts receivable41 | - | €1,574 | - | €175 | - | - |
| Current investments50/53 | €45,089 | €45,089 | €45,089 | €37,460 | €38,327 | ▲ 2.3% |
| Cash at bank and in hand54/58 | €32,594 | €8,209 | €13,670 | €7,049 | €45,795 | ▲ 550% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €321,623 | €307,699 | €286,880 | €248,099 | €262,829 | ▲ 5.9% |
| Equity10/15 | €85,175 | €89,418 | €92,121 | €86,360 | €85,664 | ▼ 0.8% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | €20,000 | - | - | - | - | - |
| Issued capital100 | €20,000 | - | - | - | - | - |
| Outside capital11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Other1109/19 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €65,175 | €69,418 | €72,121 | €66,360 | €65,664 | ▼ 1.0% |
| Non-distributable reserves130/1 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Legal reserve130 | €5,000 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Distributable reserves133 | €60,175 | €64,418 | €67,121 | €61,360 | €60,664 | ▼ 1.1% |
| Amounts payable17/49 | €236,448 | €218,281 | €194,759 | €161,738 | €177,165 | ▲ 9.5% |
| Amounts payable after more than one year17 | €29,716 | €12,164 | - | - | - | - |
| Financial debts170/4 | €29,716 | €12,164 | - | - | - | - |
| Amounts payable within one year42/48 | €202,248 | €201,664 | €190,346 | €157,598 | €173,088 | ▲ 9.8% |
| Current portion of amounts payable after more than one year42 | €16,753 | €17,552 | €12,164 | - | - | - |
| Trade debts44 | €818 | €818 | €859 | €902 | €348 | ▼ 61.5% |
| Suppliers440/4 | €818 | €818 | €859 | €902 | €348 | ▼ 61.5% |
| Taxes, remuneration and social security45 | €5,871 | €5,812 | €1,816 | €993 | €2,268 | ▲ 128% |
| Taxes450/3 | €5,871 | €5,812 | €1,816 | €993 | €2,268 | ▲ 128% |
| Other amounts payable47/48 | €178,805 | €177,482 | €175,507 | €155,703 | €170,473 | ▲ 9.5% |
| Accrued charges and deferred income492/3 | €4,485 | €4,454 | €4,412 | €4,140 | €4,077 | ▼ 1.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,536 | €13,061 | €10,158 | €3,030 | €3,442 | ▲ 13.6% |
| + Depreciation and write-downs630 | €21,500 | €23,178 | €24,707 | €24,707 | €24,707 | = |
| Operating cash flow (approximation) | €35,036 | €36,239 | €34,865 | €27,737 | €28,148 | ▲ 1.5% |
| Investment in fixed assets (approximation) | - | -€32,065 | €0 | €0 | €0 | - |
| Change in cash | - | -€24,385 | €5,461 | -€6,621 | €38,745 | ▲ 685% |
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
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
15-06
State Gazette act
Resignations & appointments · RestructuringResignation: Patrick Meir (director) · Reappointment: Patrick Meir (non-statutory director) · Capital conversion29 facts ▸
State Gazette act
Resignations & appointments · Restructuring
Resignation: Patrick Meir (director) · Reappointment: Patrick Meir (non-statutory director) · Capital conversion29 facts ▸
- General meeting, 12-05-2026
- Capital conversion, statutair onbeschikbare eigen vermogensrekening
- Capital conversion, statutair onbeschikbare eigen vermogensrekening
- Other statement, vrijstelling tussentijdse cijfers, eenparigheid van stemmen
- Merger, EUR, fusievoorstel goedgekeurd
- Shareholding, Patrick Meir
- Shareholding, Patrick Meir
- Real estate, onroerende goederen, vergadering overgenomen vennootschap
- Accounting effect, 01-01-2026
- Custody of records, zetel overnemende vennootschap, heden
- Other statement, effecten en bijzondere rechten
- Other statement, bijzondere voordelen bestuursorganen, leden bestuursorganen beide te fuseren vennootschappen
- +17 further facts in this act
30-03
State Gazette act
RestructuringMerger · Accounting effect · Net-asset statement6 facts ▸
State Gazette act
Restructuring
Merger · Accounting effect · Net-asset statement6 facts ▸
- Merger, met fusie door overneming gelijkgestelde verrichting
- Accounting effect, 1 januari 2026
- Net-asset statement, 31/12/2025
- Net-asset statement, 31/12/2025
- Power of attorney, Moore Law BV
- Power of attorney, Moore Law BV
2025
07-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €3,030 ▼70.2%
Net result drops to €3,030, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €13,536 ▲35.3%
Net result €13,536, the highest in the series.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Patrick Meir
CurrentNon-statutory director
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Herentals · 1 establishment unit since 2009
Ground area
1,393 m²
Building footprint
200 m²
Volume, LiDAR
1,348 m³
Parcel 13011A0200/03E000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Immo Patann
since 20092.179.643.349
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13011A0200/03E000 | Flanders | 1,393 m² | 1 · 200 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Patrick Meir |
|
Articles of association
Who signs
“Artikel 11. ledere bestuurder heeft de meest uitgebreide bevoegdheid om alleen alle handelingen te stellen die nodig of dienstig zijn voor de verwezenlijking van het voorwerp van de vennootschap, met uitzondering van die handelingen, waarvoor volgens de wet alleen de algemene vergadering bevoegd is.…”
Full text
Artikel 11. ledere bestuurder heeft de meest uitgebreide bevoegdheid om alleen alle handelingen te stellen die nodig of dienstig zijn voor de verwezenlijking van het voorwerp van de vennootschap, met uitzondering van die handelingen, waarvoor volgens de wet alleen de algemene vergadering bevoegd is. Hij vertegenwoordigt alleen de vennootschap jegens derden en in rechte als eiser en verweerder. Behoudens andersluidende beslissing, zal de bestuurder tevens de vaste vertegenwoordiger zijn van de vennootschap indien deze een bestuurdersmandaat opneemt in een andere vennootschap overeenkomstig artikel 2:55 van het Wetboek van vennootschappen en verenigingen.
Annual meeting
Third Monday of May at 18:00
Other statement
Slechts aan derden tegenwerpbaar onder voorwaarden bepaald bij bijzondere wetten, overdracht rechten intellectuele en industriële eigendom
Artikel 6. Aandelen moeten bij hun uitgifte worden volgestort
Aandelen op naam en aandelenregister, artikel 5:24 Wetboek van vennootschappen en verenigingen
Gevolmachtigden, alleen bijzondere en beperkte volmachten voor bepaalde of reeks bepaalde rechtshandelingen
Toezicht en commissarissen, kan zich laten bijstaan door accountant
Schriftelijke en elektronische algemene vergadering, identiteit aandeelhouder
Winstverdeling en interimdividenden, bestuursorgaan
Alleen beslist over overdracht geheel of gedeelte aandelen, overdracht door enige aandeelhouder
Bepaalt vrij naar behoeften en tijdstippen latere stortingen op in speciën onderschreven niet geheel volgestorte aandelen, enige aandeelhouder-bestuurder
Kan beslissing nemen of verrichting doen, tegenstrijdig belang enige aandeelhouder-enige bestuurder
Oefent alle bevoegdheden algemene vergadering uit,niet overdraagbaar, enige aandeelhouder
9 more provisions on this in the deed
Name clause
RICO TOOLS, besloten vennootschap
Registered office clause
Vlaams Gewest, bij besluit bestuursorgaan in Vlaams Gewest en Brussels Hoofdstedelijk Gewest
Capital
One provision in the deed
Transfer restriction
Artikelen 5:63 en volgende Wetboek van vennootschappen en verenigingen
Board rule
Voor duur van haar bestaan, 1
1 more provision on this in the deed
Dissolution rule
Vormen vereist voor statutenwijziging, algemene vergadering
Liquidation rule
Geen andere vereffenaar benoemd, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen
Liquidation distribution
One provision in the deed
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
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Acquisitions and mergers
1 transactionTook over:RICO TOOLS BELGIUM
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 15-06-2026 ↗
- Patrick Meir all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 15-06-2026 Converted to unavailable equity · 25,000 EUR
Recognitions · licences · registrations
Legal Entity Identifier
984500B678FE47B5EA85
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Company details
Identification
Legal formPrivate limited company
Founded26-06-2009
Fiscal year end31-12
Legal name NL
RICO TOOLS
Activities, NACEBEL 2025
28240Manufacture of machinery and equipment not elsewhere classified
28990Manufacture of machinery and equipment not elsewhere classified
33190Repair, maintenance and installation of machinery and equipment
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0816566091
Also
9925:BE0816566091
Registered
02-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.