TIELEMANS PATRICK

Active

Private limited companyfounded 20215 yrs activeTichelovenstraat 85, 3990 Peer, BelgiumKBO/BCE: BE 0771.914.221

The computed 12-month bankruptcy probability of TIELEMANS PATRICK is 2.2% (moderate). The 2025 annual accounts show equity of €32k and a net result of €6k. Equity is growing by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 28% of 27407 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

78 / 100

Excellent▲ +7 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability99▼-1

Solvency48▲+18

Growth52=

Stability94

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity tight (current ratio 1.35 against 1.1 in 2024), and 73.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

26.4%

Return on assets

5.2%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

28 d early

2024

25 d late

2023

29 d late

2022

28 d late

← before the deadline after the deadline →

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 months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€32k▲ 24.5%

2024 · €26k

2022: €16k 2023: €19k 2024: €26k

2022 → 2025

Total assets

€123k=

2024 · €123k

2022: €63k 2023: €106k 2024: €123k

2022 → 2025

Net result

€6k▼ 14.0%

2024 · €7k

2022: €13k 2023: €3k 2024: €7k

2022 → 2025

Working capital

€25k▲ 250%

2024 · €7k

2022: €-8k 2023: €-21k 2024: €7k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€16k-€19k▲ 17.6%€26k▲ 40.0%€32k▲ 24.5%

Operating result€18k-€4k▼ 77.1%€11k▲ 179%€11k▼ 3.6%

Net result€13k-€3k▼ 78.3%€7k▲ 168%€6k▼ 14.0%

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 2025; 2025 is 4% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €123k

19.2%

80.8%

Fixed assets €24k▼ 45.1%

Current assets €99k▲ 24.3%

Equity and liabilities €123k

26.4%

73.6%

Equity €32k▲ 24.5%

Debt €90k▼ 6.6%

The debt ratio falls from 78.8% to 73.6%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€28k▼

2024 · €28k

Cash flow

€23k▼

2024 · €24k

Solvency

26.4%▲

2024 · 21.2%

Current ratio

1.35▲

2024 · 1.10

Quick ratio

1.20▲

2024 · 0.93

Debt / equity

2.79▼

2024 · 3.72

ROE

19.7%▼

2024 · 28.5%

ROA

5.2%▼

2024 · 6.1%

Interest coverage

19.62▼

2024 · 26.73

Debt

€90k▼

2024 · €97k

Debt ≤ 1 year

€74k▲

2024 · €72k

Debt > 1 year

€16k▼

2024 · €24k

Income taxes

€3k▲

2024 · €3k

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€123k€123k=

Fixed assets21/28€43k€24k▼

Tangible fixed assets22/27€43k€24k▼

Land and buildings22€16k€13k▼

Plant, machinery and equipment23€3k€227▼

Furniture and vehicles24€23k€11k▼

Current assets29/58€80k€99k▲

Stocks and contracts in progress3€12k€11k▼

Stocks30/36€12k€11k▼

Amounts receivable within one year40/41€31k€65k▲

Trade receivables40€31k€62k▲

Other amounts receivable41€3€3k▲

Cash at bank and in hand54/58€36k€21k▼

Deferred charges and accrued income490/1€370€2k▲

Equity and liabilities

Total equity and liabilities10/49€123k€123k=

Equity10/15€26k€32k▲

Contributions10/11€3k€3k=

Reserves13€23k€29k▲

Distributable reserves133€23k€29k▲

Amounts payable17/49€97k€90k▼

Amounts payable after more than one year17€24k€16k▼

Financial debts170/4€24k€16k▼

Amounts payable within one year42/48€72k€74k▲

Current portion of amounts payable after more than one year42€7k€8k▲

Trade debts44€8k€10k▲

Suppliers440/4€8k€10k▲

Taxes, remuneration and social security45€12k€4k▼

Taxes450/3€9k€4k▼

Remuneration and social security454/9€3k-

Other amounts payable47/48€45k€52k▲

Accrued charges and deferred income492/3€648€720▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▲

Other operating charges640/8€1k€1k▲

Non-recurring operating charges66A-€750

Gross operating margin9900€30k€30k▲

Operating profit (loss)9901€11k€11k▼

Financial income75/76B€102€97▼

Recurring financial income75€102€97▼

Financial charges65/66B€1k€1k▲

Recurring financial charges65€1k€1k▲

Profit (loss) for the period before taxes9903€10k€10k▼

Income taxes67/77€3k€3k▲

Profit (loss) for the period9904€7k€6k▼

Profit (loss) for the period to be appropriated9905€7k€6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€7k€6k▼

Transfer to equity691/2€7k€6k▼

To other reserves6921€7k€6k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

03-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

25-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 25 days late

2024

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

31-12

Financial Weakest financial yearnet €3k ▼78.3%

Net result drops to €3k, the lowest in the series; recovery starts the following year.

28-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 28 days late

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, Peer · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Tichelovenstraat 853990 Peer

Ground area

927 m²

Building footprint

186 m²

Volume, LiDAR

1,012 m³

Parcel 72035A0548/00H000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

TIELEMANS PATRICK

Tichelovenstraat 85, 3990 PeerManufacture of other builders' carpentry and joinery

since 20212.320.314.630

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
72035A0548/00H000	Flanders	926 m²	1 · 186 m²	8.3 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.

Similar companies · same sector, comparable size

Braine-le-Comte · Eq €32k

MT Construct

BE 1005.927.216

Nijlen · Eq €32k

Of 19,947 companies in sector 43320 we hold annual accounts for 9,084. 6,856 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded02-08-2021

Fiscal year end31-12

Activities, NACEBEL

43320Joinery installation

16230Manufacture of other builders' carpentry and joinery

43230Insulation installation

43240Other construction installation

43291Specialised construction activities

43299Specialised construction activities

43410Roofing work

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.