Verstraete Patrick
ActiveSummary
Verstraete Patrick has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144,225 and a net result of €12,348. Equity has been growing by about 5.5% per year since 2019. Its solvency ranks better than 87% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 30-08-2007 Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 5 others
- Establishment unit
- 2.165.255.774 8920 Langemark-Poelkapelle, since 01-10-2007
- Financial year end
- 30 September
- Peppol
- Reachable since 22-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €38,372
- ▲ 26.6%
- Turnover
- ≈ €230,000
- estimated
- Profit
- €12,348
- ▲ 0.1%
- Equity
- €144,225
- ▲ 8.0%
- Total assets
- €175,144
- ▼ 5.3%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 5.27, cash €47,435Founded in 2007Equity €144,225 (82.3% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 78% on liquidity, 54% on profitability and 52% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 74 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Verstraete Patrick: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €168,000 and €192,000, founded between 2004 and 2009.
| Company | Total assets | Gross margin |
|---|---|---|
| Verstraete Patrick Langemark-Poelkapelle | €175,144 | €38,372 |
| DEBLAUWE BART CENTRALE VERWARMING Moorslede | €167,750 | €37,504 |
| VANDENDRIESSCHE DIDIER Zedelgem | €192,449 | €44,843 |
| Pierard-Desreumaux Wemmel | €181,715 | €35,727 |
| DAVE WILLAERT Kasterlee | €183,235 | €44,385 |
| RENISAN Heist-op-den-Berg | €170,336 | €39,089 |
| Jacobs Patrick & Zn Zele | €173,406 | €38,051 |
Key facts about Verstraete Patrick
- What is the company number of Verstraete Patrick?
- The company number of Verstraete Patrick is 0891.737.133. The VAT number is the same number with BE in front: BE 0891.737.133.
- Where is Verstraete Patrick based?
- The registered office is at Poorterstraat 16, 8920 Langemark-Poelkapelle.Company details
- What does Verstraete Patrick do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of Verstraete Patrick?
- The legal form of Verstraete Patrick is Private limited company (BV).
- When was Verstraete Patrick founded?
- Verstraete Patrick was founded on 30-08-2007.
- Is Verstraete Patrick still active?
- Yes, Verstraete Patrick is an active enterprise in the KBO register.
- What is the turnover of Verstraete Patrick?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €38,372 and 33 comparable companies (NACE 43222). It probably lies between €160,000 and €260,000.Financials
- Is Verstraete Patrick profitable?
- In financial year 2025, Verstraete Patrick made a profit of €12,348.
- Where can I find the annual accounts of Verstraete Patrick?
- Verstraete Patrick filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Verstraete Patrick due?
- Verstraete Patrick must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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