PATCOBEL
ActiveSummary
The annual accounts of PATCOBEL for fiscal year 2025 show a net loss of 57% of total assets. The 2025 annual accounts show equity of €94k and a net result of €-54k. Equity is shrinking by ~22.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 95% of 2276 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
cash: 92.4% of total assets, and 0% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
100%
Return on assets
-57.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-54k
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
59 d early
2023
60 d early
2022
78 d early
2021
53 d early
2020
59 d early
2019
74 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€94k▼ 36.4%
2024 · €148k
2018: €5.98M
2019: €2.19M
2020: €318k
2021: €296k
2022: €236k
2023: €177k
2024: €148k
2018 → 2025
Total assets
€94k▼ 36.4%
2024 · €148k
2018: €6.18M
2019: €2.20M
2020: €327k
2021: €296k
2022: €236k
2023: €177k
2024: €148k
2018 → 2025
Net result
€-54k▼ 79.9%
2024 · €-30k
2018: €-574k
2019: €462k
2020: €-72k
2021: €-22k
2022: €-60k
2023: €-58k
2024: €-30k
2018 → 2025
Working capital
€206k▼ 20.4%
2021 · €259k
2018: €-161k
2019: €2.10M
2020: €246k
2021: €259k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€296k-€236k▼ 20.4%€177k▼ 24.6%€148k▼ 16.8%€94k▼ 36.4%
Operating result€-52k-€-60k▼ 14.6%€-54k▲ 10.4%€-30k▲ 44.8%€-53k▼ 77.7%
Net result€-22k-€-60k▼ 171%€-58k▲ 3.9%€-30k▲ 48.6%€-54k▼ 79.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €53k in 2025 against €30k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94k
Fixed assets
€4k ▼ 65.3%
Current assets
€90k ▼ 34.0%
Key figures and ratios
EBITDA
€-45k▼
2024 · €-22k
Cash flow
€-46k▼
2024 · €-22k
Solvency
100.0%=
2024 · 100.0%
ROE
-57.2%▼
2024 · -20.2%
ROA
-57.2%▼
2024 · -20.2%
Interest coverage
-43.89▼
2024 · -41.91
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€148k€94k▼
Fixed assets21/28€11k€4k▼
Tangible fixed assets22/27€11k€4k▼
Furniture and vehicles24€11k€4k▼
Current assets29/58€136k€90k▼
Amounts receivable within one year40/41€3k€3k▲
Trade receivables40€3k€3k▲
Cash at bank and in hand54/58€133k€87k▼
Equity and liabilities
Total equity and liabilities10/49€148k€94k▼
Equity10/15€148k€94k▼
Contributions10/11€107k€107k=
Capital10€107k€107k=
Issued capital100€107k€107k=
Reserves13€71k€71k=
Non-distributable reserves130/1€63k€63k=
Legal reserve130€63k€63k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€-30k€-84k▼
Income statement
Code20242025
Non-recurring operating income76A€30k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Other operating charges640/8€689€587▼
Gross operating margin9900€-22k€-45k▼
Operating profit (loss)9901€-30k€-53k▼
Financial income75/76B€313-
Recurring financial income75€313-
Financial charges65/66B€530€1k▲
Recurring financial charges65€530€1k▲
Profit (loss) for the period before taxes9903€-30k€-54k▼
Profit (loss) for the period9904€-30k€-54k▼
Profit (loss) for the period to be appropriated9905€-30k€-54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-84k▼
Profit (loss) brought forward from the previous period14P€0€-30k▼
The notes to these accounts (4 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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity times 31current ratio 889.16
Current ratio from 28.99 to 889.16; short-term debt falls from €9k to €292.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €462k
Net result €462k after one loss-making year.
31-12
Financial
Liquidity times 2342current ratio 407.19
Current ratio from 0.17 to 407.19; short-term debt falls from €195k to €5k.
31-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Show earlier events
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2014
31-07
State Gazette act
Board meeting · Director resignation
Permanent representative · Director appointment
2010
07-12
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
15-06
State Gazette act
General meeting · Statutes amendment
Share issue · Auditor report · Frank Liesse
2006
03-07
State Gazette act
Share issue · Capital increase
Power of attorney · Statutes amendment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Herent · 1 establishment unit since 2005
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.
Schoonzichtlaan 203020 HerentGround area
4,060 m²
Building footprint
363 m²
Volume, LiDAR
160 m³
Parcel 24127D0001/00Y000, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Schoonzichtlaan 20, 3020 Herent
since 20052.150.104.176
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24127D0001/00Y000 | Flanders | 4,060 m² | 1 · 363 m² | 6.2 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.
Structure & network
Connections & network
2 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 7,191 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.