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PATCHENCO

Active
Private limited companyfounded 2007active for 19 yearsChaussée de Louvain 557, 1380 Lasne, BelgiumKBO/BCE: BE 0888.154.962
Summary

The annual accounts of PATCHENCO for financial year 2026 show a net loss of 85% of total assets and of 80% of the equity at the start of that year. The 2026 annual accounts show equity of €7,801 and a net result of -€32,115. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 22% of 246 sector peers (NACE 73, financial year 2026). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 22-03-2007 Normal situation
Activity
Advertising agencies NACE 73110and 5 others
Establishment unit
2.162.420.505 1330 Rixensart, since 21-03-2007
Financial year end
31 March
Peppol
Reachable since 29-12-2025

Board and ownership

Board
  • COLLIGNON PatrickDirector · since 22-03-2007

Financial position

54 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 31-03-2026
Gross margin
-€24,577
▲ 12.9%
Loss
€32,115
▼ 19.9%
Equity
€7,801
▼ 80.5%
Total assets
€37,590
▼ 36.1%
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €32,115, the second in a row (financial year 2026)lowers riskSize: total assets €37,590Liquidity: current ratio 0.83, cash €14,925, halvedFounded in 2007Show the evidence

Checked score

Score 2026
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 22% of micro companies in advertising and market research (NACE 73)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2025
Weak
Solvency 46-47
equity 20.8% of total assets
Liquidity 56-30
short-term debt 79.2% · cash 39.7%
Profitability 0=
return on assets -85.4%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.4%▲ +0.3 percentage points vs 10-2025highest value 12-2025: 0.4%● unchanged vs 11-2025highest value 01-2026: 0.4%● unchanged vs 12-2025highest value 02-2026: 0.4%● unchanged vs 01-2026highest value 03-2026: 0.1%▼ -0.3 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.2 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.83 (2.88 in 2025), below 1. Short-term debt is 79.2% and cash 39.7% of total assets. 79.2% of the assets are financed with debt and provisions.
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 73, micro). It does better than 27% of them on solvency, 48% on liquidity, 6% on profitability and 8% 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

Seven signals.
lowers riskraises riskneutral
raises risk · Loss of €32,115, the second in a row (financial year 2026)
NBB · annual accounts
lowers risk · Size: total assets €37,590
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.83, cash €14,925, halved
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€32,115
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 246 sector peers (2026).
NBB · sector comparison
Position among 246 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 26-10-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
5 days early
2025
4 days early
2024
23 days early
2023
27 days early
2022
3 days late
2021
3 days late
2020
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 26 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 95% of companies in advertising and market researchsector median €16,980 · 246 companies -€32,115 View
  • Caution: 2 loss-making years in a rowloss in financial year 2026 -€32,115 View
  • Positive: Filed on time since financial year 2023accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Capital & shares
  2. · Gazette deed Registered office moved to Lasne
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as PATCHENCO: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €35,800 and €42,600, founded between 2005 and 2008.

CompanyTotal assetsGross margin
PATCHENCO Lasne€37,590-€24,577
DUCOCARRE Waterloo€36,007-€14,004
NEXTIS Tervuren€38,272-€18,850
KP PROJECTS Mechelen€38,548-€5,695
EgoMarketing Ukkel€35,848-€5,377
Digavo-Van de Wal Leuven€39,340-€3,854
todayisnottomorrow Antwerpen€42,630-€6,918
Full comparison

Key facts about PATCHENCO

What is the company number of PATCHENCO?
The company number of PATCHENCO is 0888.154.962. The VAT number is the same number with BE in front: BE 0888.154.962.
Where is PATCHENCO based?
The registered office is at Chaussée de Louvain 557, 1380 Lasne.Company details
What does PATCHENCO do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of PATCHENCO?
The legal form of PATCHENCO is Private limited company (BV).
When was PATCHENCO founded?
PATCHENCO was founded on 22-03-2007.
Is PATCHENCO still active?
Yes, PATCHENCO is an active enterprise in the KBO register.
What is the turnover of PATCHENCO?
The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
Is PATCHENCO profitable?
In financial year 2026, PATCHENCO made a loss of €32,115.
Where can I find the annual accounts of PATCHENCO?
PATCHENCO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of PATCHENCO due?
PATCHENCO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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