CORVELEIJN PATRICK
ActiveCORVELEIJN PATRICK has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €269k and a net result of €27k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 538 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77=
Solvency89▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 3.2 against 2.55 in 2024; short-term debt: 23.8% and cash: 41.5% of total assets), and 36% of the assets are financed with debt.
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
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
64%
Return on assets
6.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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
10 d late
2024
47 d late
2023
28 d late
2022
10 d late
2021
25 d late
2020
9 d late
2019
6 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€269k▲ 11.0%
2024 · €242k
2018: €146k
2019: €153k
2020: €172k
2021: €193k
2022: €196k
2023: €213k
2024: €242k
2018 → 2025
Total assets
€420k▼ 7.8%
2024 · €456k
2018: €357k
2019: €348k
2020: €346k
2021: €328k
2022: €318k
2023: €346k
2024: €456k
2018 → 2025
Net result
€27k▼ 7.5%
2024 · €29k
2018: €4k
2019: €6k
2020: €19k
2021: €22k
2022: €3k
2023: €17k
2024: €29k
2018 → 2025
Working capital
€220k▼ 2.2%
2024 · €225k
2018: €134k
2019: €138k
2020: €157k
2021: €179k
2022: €176k
2023: €200k
2024: €225k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€193k-€196k▲ 1.6%€213k▲ 8.8%€242k▲ 13.5%€269k▲ 11.0%
Operating result€33k-€8k▼ 76.4%€27k▲ 241%€48k▲ 79.2%€40k▼ 16.2%
Net result€22k-€3k▼ 85.9%€17k▲ 468%€29k▲ 68.0%€27k▼ 7.5%
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 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €420k
Fixed assets
€100k▲ 16.9%
Current assets
€320k▼ 13.5%
Equity and liabilities €420k
Equity
€269k▲ 11.0%
Debt
€151k▼ 29.2%
The debt ratio falls from 46.9% to 36.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€68k▼
2024 · €81k
Cash flow
€55k▼
2024 · €62k
Solvency
64.0%▲
2024 · 53.1%
Current ratio
3.20▲
2024 · 2.55
Quick ratio
2.58▲
2024 · 2.41
Debt / equity
0.56▼
2024 · 0.88
ROE
9.9%▼
2024 · 11.9%
ROA
6.4%▲
2024 · 6.3%
Interest coverage
16.68▲
2024 · 10.70
Debt
€151k▼
2024 · €214k
Debt ≤ 1 year
€100k▼
2024 · €146k
Debt > 1 year
€51k▼
2024 · €68k
Income taxes
€14k▲
2024 · €12k
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€456k€420k▼
Fixed assets21/28€86k€100k▲
Tangible fixed assets22/27€86k€100k▲
Land and buildings22€38k€30k▼
Plant, machinery and equipment23€7k€40k▲
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25€39k€29k▼
Current assets29/58€370k€320k▼
Stocks and contracts in progress3€20k€62k▲
Stocks30/36€20k€62k▲
Amounts receivable within one year40/41€272k€80k▼
Trade receivables40€268k€76k▼
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€74k€174k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€456k€420k▼
Equity10/15€242k€269k▲
Contributions10/11€79k€79k=
Reserves13€163k€190k▲
Distributable reserves133€163k€190k▲
Amounts payable17/49€214k€151k▼
Amounts payable after more than one year17€68k€51k▼
Financial debts170/4€68k€51k▼
Amounts payable within one year42/48€146k€100k▼
Current portion of amounts payable after more than one year42€24k€17k▼
Trade debts44€72k€34k▼
Suppliers440/4€72k€34k▼
Taxes, remuneration and social security45€23k€29k▲
Taxes450/3€23k€29k▲
Other amounts payable47/48€26k€20k▼
Income statement
Code20242025
Non-recurring operating income76A-€29k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€28k▼
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€87k€71k▼
Operating profit (loss)9901€48k€40k▼
Financial income75/76B€344€4k▲
Recurring financial income75€344€307▼
Non-recurring financial income76B-€4k
Financial charges65/66B€8k€4k▼
Recurring financial charges65€8k€4k▼
Profit (loss) for the period before taxes9903€41k€41k▼
Income taxes67/77€12k€14k▲
Profit (loss) for the period9904€29k€27k▼
Profit (loss) for the period to be appropriated9905€29k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€27k▼
Transfer to equity691/2€29k€27k▼
To other reserves6921€29k€27k▼
The notes to these accounts (8 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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
31-12
Financial
Highest result since 2018net €29k ▲68%
Operating result €48k, net result €29k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Equity above €200kEq €213k ▲8.8%
6 profitable years in a row build equity to €213k.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
31-12
Financial
Weakest financial yearnet €3k ▼85.9%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
31-12
Financial
Equity above €150kEq €153k ▲4.3%
2 profitable years in a row build equity to €153k.
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
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
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, Gistel · 1 establishment unit since 2008
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.
Verlorenkost 68470 GistelGround area
2,570 m²
Building footprint
251 m²
Volume, LiDAR
978 m³
Parcel 35019A0507/02G000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CORVELEIJN PATRICK
since 20082.171.318.670
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35019A0507/02G000 | Flanders | 2,570 m² | 1 · 251 m² | 7.5 m · 1 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
VAN BOGAERT GEBROEDERS
BE 0470.087.833
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ATELIER M. DOOMS
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HAMELS DIRK
BE 0474.035.634
Haacht · Eq €271k
aw-Dirkx
BE 0672.603.542
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B-N Interieurdesign
BE 0881.220.650
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Of 1,600 companies in sector 16230 we hold annual accounts for 782. 612 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-05-2008
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.