PATRICK GEMOETS
ActiveSummary
PATRICK GEMOETS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €864k and a net result of €226k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 1247 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▲+8
Solvency96▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 2.99 against 2.65 in 2023; short-term debt: 28.9% and cash: 29.6% of total assets), and 29.4% of the assets are financed with debt.
Credit check 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 86
Relative position
BE, all sectors
reference
Sector 86
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
70.6%
Return on assets
18.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
30 d late
2022
33 d early
2021
2 d early
2020
37 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€226k▲ 63.9%
2023 · €138k
2018: €181k
2019: €145k
2020: €62k
2021: €153k
2022: €247k
2023: €138k
2018 → 2024
Working capital
€705k▲ 21.9%
2023 · €578k
2018: €442k
2019: €565k
2020: €537k
2021: €588k
2022: €670k
2023: €578k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€604k-€691k▲ 14.5%€825k▲ 19.4%€783k▼ 5.2%€864k▲ 10.4%
Operating result€88k-€221k▲ 152%€355k▲ 60.8%€186k▼ 47.7%€225k▲ 21.2%
Net result€62k-€153k▲ 147%€247k▲ 61.6%€138k▼ 44.3%€226k▲ 63.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 21% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.22M
Fixed assets
€165k ▼ 24.9%
Current assets
€1.06M ▲ 13.9%
Equity and liabilities €1.22M
Equity
€864k ▲ 10.4%
Debt
€360k ▼ 1.9%
Debt's share of the balance-sheet total falls from 31.9% to 29.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€286k▲
2023 · €259k
Cash flow
€286k▲
2023 · €211k
Current ratio
2.99▲
2023 · 2.65
Debt to equity
0.42▼
2023 · 0.47
ROE
26.2%▲
2023 · 17.6%
ROA
18.5%▲
2023 · 12.0%
Interest coverage
52.52▼
2023 · 73.45
Debt ≤ 1 year
€354k▲
2023 · €352k
Debt > 1 year
€2k▼
2023 · €9k
Income taxes
€81k▲
2023 · €57k
Staff costs
€167k▼
2023 · €239k
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 · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.15M€1.22M▲
Fixed assets21/28€219k€165k▼
Intangible fixed assets21€691€145▼
Tangible fixed assets22/27€219k€165k▼
Land and buildings22€61k€52k▼
Furniture and vehicles24€106k€83k▼
Leasing and similar rights25€21k-
Other tangible fixed assets26€30k€30k=
Current assets29/58€930k€1.06M▲
Amounts receivable within one year40/41€71k€73k▲
Trade receivables40-€3k
Other amounts receivable41€71k€70k▼
Current investments50/53€504k€617k▲
Cash at bank and in hand54/58€348k€362k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.15M€1.22M▲
Equity10/15€783k€864k▲
Contributions10/11€6k€6k=
Reserves13€776k€858k▲
Distributable reserves133€776k€858k▲
Amounts payable17/49€367k€360k▼
Amounts payable after more than one year17€9k€2k▼
Financial debts170/4€9k€2k▼
Amounts payable within one year42/48€352k€354k▲
Current portion of amounts payable after more than one year42€40k€16k▼
Trade debts44€99k€51k▼
Suppliers440/4€99k€51k▼
Taxes, remuneration and social security45€32k€20k▼
Remuneration and social security454/9€32k€20k▼
Other amounts payable47/48€181k€267k▲
Accrued charges and deferred income492/3€6k€4k▼
Income statement
Code20232024
Remuneration, social security and pensions62€239k€167k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€61k▼
Other operating charges640/8€7k€6k▼
Gross operating margin9900€504k€459k▼
Operating profit (loss)9901€186k€225k▲
Financial income75/76B€12k€87k▲
Recurring financial income75€12k€87k▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€195k€307k▲
Income taxes67/77€57k€81k▲
Profit (loss) for the period9904€138k€226k▲
Profit (loss) for the period to be appropriated9905€138k€226k▲
Appropriation of the result
Profit (loss) to be appropriated9906€138k€226k▲
Transfer from equity791/2€181k€145k▼
Transfer to equity691/2€138k€226k▲
To other reserves6921€138k€226k▲
Profit to be distributed694/7€181k€145k▼
Return on contributions (dividend)694€181k€145k▼
Social balance
Average headcount (FTE)90874.64.1▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €247k ▲61.6%
Operating result €355k, net result €247k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €62k ▼57.1%
Net result drops to €62k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hannut · 3 establishment units since 2001
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 Emile Duchesne (GD HT) 36A4280 HannutGround area
4,344 m²
Building footprint
508 m²
Volume, LiDAR
2,628 m³
4 parcels, Flanders, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Rue Nicolas Jadot 35, 4500 Huy
since 20012.205.784.453
PATRICK GEMOETS
since 20072.252.145.406
PATRICK GEMOETS
since 20112.252.145.109
4 parcels
Flanders
1
(25%)
Wallonia
3
(75%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64031A0378/00F000 | Wallonia | 2,882 m² | 1 · 186 m² | 10.6 m · 3 fl. |
| 53070B0044/00E000 | Wallonia | 673 m² | 1 · 86 m² | 7.9 m · 1 fl. |
| 61007A0061/00B005 | Wallonia | 555 m² | 1 · 124 m² | - |
| 24059B0290/00F004 | Flanders | 234 m² | 1 · 111 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels 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
DE BRUYNE - ZUTTERMAN
BE 0845.705.089
Lichtervelde · Eq €864,616
BERTRAND-YSEWYN
BE 0811.248.018
Bilzen-Hoeselt · Eq €862,897
TANDARTSENPRAKTIJK GUTTERMANN
BE 0870.483.344
Sint-Truiden · Eq €865,257
VAN QUICKELBERGHE LIEN
BE 0627.718.177
Laarne · Eq €862,358
TANDKLINIEK MERELBEKE
BE 0874.483.407
Merelbeke-Melle · Eq €862,238
Of 6,942 companies in sector 86230 we hold annual accounts for 4,291. 3,056 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
Founded10-10-2001
Fiscal year end31-12
Activities, NACEBEL 2025
86230Dental practice
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.