Summary
PATIAGO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €312k and a net result of €38k. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 86% of 5527 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 09-07-2026, 22 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
22 d early
2024
14 d early
2023
76 d early
2022
6 d early
2021
17 d early
2020
46 d early
2019
4 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
€312k▲ 7.8%
2024 · €289k
2018: €491k
2019: €621k
2020: €638k
2021: €671k
2022: €-286k
2023: €-252k
2024: €289k
2018 → 2025
Net result
€38k▼ 93.0%
2024 · €541k
2018: €130k
2019: €129k
2020: €17k
2021: €33k
2022: €-957k
2023: €34k
2024: €541k
2018 → 2025
Total assets
€342k▲ 11.2%
2024 · €308k
2018: €1.03M
2019: €1.05M
2020: €1.01M
2021: €1.01M
2022: €9k
2023: €9k
2024: €308k
2018 → 2025
Solvency
91.1%▼ 2.9pp
2024 · 94.0%
2018: 47.6%
2019: 59.4%
2020: 62.9%
2021: 66.3%
2022: -3132.9%
2023: -2790.3%
2024: 94.0%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€140k-€140k=
Equity€671k-€-286k€-252k▲ 12.0%€289k€312k▲ 7.8%
Operating result€50k-€57k▲ 14.6%€51k▼ 9.9%€21k▼ 58.5%€10k▼ 51.5%
Net result€33k-€-957k€34k€541k▲ 1,471%€38k▼ 93.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 52% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €342k
Fixed assets
€308k ▲ 10.8%
Current assets
€34k ▲ 15.6%
Equity and liabilities €342k
Equity
€312k ▲ 7.8%
Debt
€31k ▲ 64.7%
Debt's share of the balance-sheet total rises from 6.0% to 8.9%. Equity and debt are higher.
Key figures and ratios
ROE
12.1%▼
2024 · 187.1%
ROA
11.0%▼
2024 · 175.8%
Debt ≤ 1 year
€31k▲
2024 · €19k
Income taxes
€3k▼
2024 · €4k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€308k€342k▲
Fixed assets21/28€278k€308k▲
Financial fixed assets28€278k€308k▲
Current assets29/58€29k€34k▲
Amounts receivable within one year40/41€7k€10k▲
Other amounts receivable41€7k€10k▲
Cash at bank and in hand54/58€22k€24k▲
Deferred charges and accrued income490/1-€400
Equity and liabilities
Total equity and liabilities10/49€308k€342k▲
Equity10/15€289k€312k▲
Contributions10/11€230k€230k=
Reserves13€59k€82k▲
Non-distributable reserves130/1€23k€23k=
Reserves not available under the articles1311€23k€23k=
Distributable reserves133€36k€59k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€19k€31k▲
Amounts payable within one year42/48€19k€31k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€17k€10k▼
Taxes450/3€13k€10k▼
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48€0€17k▲
Income statement
Code20242025
Other operating charges640/8€442€496▲
Gross operating margin9900€22k€11k▼
Operating profit (loss)9901€21k€10k▼
Financial income75/76B€527k€30k▼
Recurring financial income75€249k€260▼
Non-recurring financial income76B€278k€30k▼
Financial charges65/66B€3k€428▼
Recurring financial charges65€3k€428▼
Profit (loss) for the period before taxes9903€545k€40k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€541k€38k▼
Profit (loss) for the period to be appropriated9905€541k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€38k▲
Profit (loss) brought forward from the previous period14P€-505k€0▲
Transfer to equity691/2€36k€23k▼
To other reserves6921€36k€23k▼
Profit to be distributed694/7-€15k
Return on contributions (dividend)694-€15k
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (7 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €541k ▲1471%
Net result €541k, the highest in the series.
31-12
Financial
Liquidity times 46current ratio 1.58
Current ratio from 0.03 to 1.58; short-term debt falls from €261k to €19k.
31-12
Financial
Equity above €200kEq €289k
2 profitable years in a row build equity to €289k.
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
31-12
Financial
Weakest financial yearnet €-957k ▼3014%
Net result drops to €-957k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
31-12
Financial
Equity above €500kEq €621k ▲26.3%
2 profitable years in a row build equity to €621k.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full 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, Gerpinnes · 1 establishment unit since 2016
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.
Rue Sainte-Rolende(GOU) 136280 GerpinnesGround area
1,701 m²
Building footprint
133 m²
Volume, LiDAR
767 m³
Parcel 52029B0108/00M000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PATIAGO
since 20162.253.450.550
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52029B0108/00M000 | Wallonia | 1,701 m² | 1 · 133 m² | 8.7 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.
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,773 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 formPrivate limited company
Founded27-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.