PATRICK MOERMAN
ActiveSummary
PATRICK MOERMAN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €555k and a net result of €76k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 90% of 2937 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▼-2
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.46 against 2.44 in 2023; short-term debt: 11% and cash: 13.2% of total assets), and 23.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
76.3%
Return on assets
10.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-09-2025, 51 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
not confirmed
2024
51 d late
2023
33 d early
2022
31 d late
2021
95 d late
2020
30 d late
2019
41 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€555k▲ 16.0%
2023 · €478k
2018: €168klowest in 7 years
2019: €242k▲ +44.1% vs 2018
2020: €242k▲ +0.3% vs 2019
2021: €347k▲ +43.0% vs 2020
2022: €403k▲ +16.2% vs 2021
2023: €478k▲ +18.7% vs 2022
2024: €555k▲ +16.0% vs 2023highest in 7 years
2018 → 2024
Total assets
€727k▲ 8.2%
2023 · €672k
2018: €635klowest in 7 years
2019: €655k▲ +3.2% vs 2018
2020: €839k▲ +28.1% vs 2019highest in 7 years
2021: €727k▼ -13.4% vs 2020
2022: €714k▼ -1.8% vs 2021
2023: €672k▼ -5.9% vs 2022
2024: €727k▲ +8.2% vs 2023
2018 → 2024
Net result
€76k▼ 4.0%
2023 · €80k
2018: €-113klowest in 7 years
2019: €42k▲ +137% vs 2018
2020: €36k▼ -14.9% vs 2019
2021: €135k▲ +278% vs 2020highest in 7 years
2022: €86k▼ -36.2% vs 2021
2023: €80k▼ -7.7% vs 2022
2024: €76k▼ -4.0% vs 2023
2018 → 2024
Working capital
€198k▲ 111%
2023 · €94k
2018: €61klowest in 7 years
2019: €159k▲ +160% vs 2018
2020: €216k▲ +35.4% vs 2019highest in 7 years
2021: €171k▼ -21.0% vs 2020
2022: €123k▼ -28.0% vs 2021
2023: €94k▼ -23.7% vs 2022
2024: €198k▲ +111% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€242k-€347k▲ 43.0%€403k▲ 16.2%€478k▲ 18.7%€555k▲ 16.0%
2020: €242klowest in 5 years
2021: €347k▲ +43.0% vs 2020
2022: €403k▲ +16.2% vs 2021
2023: €478k▲ +18.7% vs 2022
2024: €555k▲ +16.0% vs 2023highest in 5 years
Operating result€81k-€101k▲ 25.5%€104k▲ 3.2%€107k▲ 2.9%€120k▲ 11.9%
2020: €81klowest in 5 years
2021: €101k▲ +25.5% vs 2020
2022: €104k▲ +3.2% vs 2021
2023: €107k▲ +2.9% vs 2022
2024: €120k▲ +11.9% vs 2023highest in 5 years
Net result€36k-€135k▲ 278%€86k▼ 36.2%€80k▼ 7.7%€76k▼ 4.0%
2020: €36klowest in 5 years
2021: €135k▲ +278% vs 2020highest in 5 years
2022: €86k▼ -36.2% vs 2021
2023: €80k▼ -7.7% vs 2022
2024: €76k▼ -4.0% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 12% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €727k
Fixed assets
€449k ▼ 12.5%
Current assets
€278k ▲ 75.1%
Equity and liabilities €727k
Equity
€555k ▲ 16.0%
Debt
€173k ▼ 10.9%
Debt's share of the balance-sheet total falls from 28.8% to 23.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€226k▲
2023 · €206k
Cash flow
€183k▲
2023 · €178k
Current ratio
3.46▲
2023 · 2.44
Quick ratio
3.19▲
2023 · 2.07
Debt to equity
0.31▼
2023 · 0.41
ROE
13.8%▼
2023 · 16.6%
ROA
10.5%▼
2023 · 11.8%
Interest coverage
20.63▲
2023 · 20.19
Debt ≤ 1 year
€80k▲
2023 · €65k
Debt > 1 year
€92k▼
2023 · €129k
Income taxes
€34k▲
2023 · €33k
Staff costs
€65k▲
2023 · €57k
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 · 60 lines
Balance sheet
Code20232024
Assets
Total assets20/58€672k€727k▲
Fixed assets21/28€513k€449k▼
Intangible fixed assets21€1k€330▼
Tangible fixed assets22/27€512k€449k▼
Land and buildings22€337k€305k▼
Plant, machinery and equipment23€39k€50k▲
Furniture and vehicles24€136k€94k▼
Current assets29/58€159k€278k▲
Stocks and contracts in progress3€24k€22k▼
Stocks30/36€24k€22k▼
Amounts receivable within one year40/41€74k€118k▲
Trade receivables40€11k€43k▲
Other amounts receivable41€63k€75k▲
Current investments50/53-€27k
Cash at bank and in hand54/58€46k€96k▲
Deferred charges and accrued income490/1€15k€15k▼
Equity and liabilities
Total equity and liabilities10/49€672k€727k▲
Equity10/15€478k€555k▲
Contributions10/11€20k€20k=
Reserves13€458k€535k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€457k€533k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€194k€173k▼
Amounts payable after more than one year17€129k€92k▼
Financial debts170/4€129k€92k▼
Amounts payable within one year42/48€65k€80k▲
Current portion of amounts payable after more than one year42€39k€38k▼
Trade debts44€8k€22k▲
Suppliers440/4€8k€22k▲
Taxes, remuneration and social security45€6k€16k▲
Taxes450/3€4k€13k▲
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€12k€4k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€57k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€106k▲
Other operating charges640/8€11k€15k▲
Non-recurring operating charges66A€0€53▲
Gross operating margin9900€274k€306k▲
Operating profit (loss)9901€107k€120k▲
Financial income75/76B€15k€2k▼
Recurring financial income75€291€2k▲
Non-recurring financial income76B€15k€0▼
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€112k€111k▼
Transfer from deferred taxes780€0-
Income taxes67/77€33k€34k▲
Profit (loss) for the period9904€80k€76k▼
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€80k€76k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€76k▼
Transfer to equity691/2€70k€76k▲
To other reserves6921€70k€76k▲
Profit to be distributed694/7€10k€0▼
Return on contributions (dividend)694€10k€0▼
Social balance
Average headcount (FTE)90871.11.2▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €8k | €0 | - | - |
| Remuneration, social security and pensions62 | - | €28k | €41k | €57k | €65k | ▲ 12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €75k | €81k | €84k | €99k | €106k | ▲ 7.4% |
| Other operating charges640/8 | - | €5k | €6k | €11k | €15k | ▲ 45.0% |
| Non-recurring operating charges66A | - | €9k | €177 | €0 | €53 | - |
| Gross operating margin9900 | €199k | €224k | €235k | €274k | €306k | ▲ 11.8% |
| Operating profit (loss)9901 | €81k | €101k | €104k | €107k | €120k | ▲ 11.9% |
| Financial income75/76B | - | €2 | €141 | €15k | €2k | ▼ 88.5% |
| Recurring financial income75 | €263 | €2 | €141 | €291 | €2k | ▲ 506% |
| Non-recurring financial income76B | - | - | - | €15k | €0 | ▼ 100% |
| Financial charges65/66B | - | €13k | €11k | €10k | €11k | ▲ 7.3% |
| Recurring financial charges65 | €25k | €13k | €11k | €10k | €11k | ▲ 7.3% |
| Profit (loss) for the period before taxes9903 | €56k | €88k | €94k | €112k | €111k | ▼ 1.4% |
| Transfer from deferred taxes780 | - | €71k | €25k | €0 | - | - |
| Income taxes67/77 | €20k | €24k | €33k | €33k | €34k | ▲ 4.9% |
| Profit (loss) for the period9904 | €36k | €135k | €86k | €80k | €76k | ▼ 4.0% |
| Transfer from tax-exempt reserves789 | - | €137k | €38k | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €36k | €272k | €124k | €80k | €76k | ▼ 4.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €839k | €727k | €714k | €672k | €727k | ▲ 8.2% |
| Fixed assets21/28 | €389k | €460k | €451k | €513k | €449k | ▼ 12.5% |
| Intangible fixed assets21 | - | - | €2k | €1k | €330 | ▼ 71.6% |
| Tangible fixed assets22/27 | €389k | €460k | €449k | €512k | €449k | ▼ 12.3% |
| Land and buildings22 | - | €366k | €326k | €337k | €305k | ▼ 9.5% |
| Plant, machinery and equipment23 | - | €21k | €38k | €39k | €50k | ▲ 27.1% |
| Furniture and vehicles24 | - | €73k | €85k | €136k | €94k | ▼ 30.7% |
| Current assets29/58 | €450k | €267k | €264k | €159k | €278k | ▲ 75.1% |
| Stocks and contracts in progress3 | €18k | €22k | €14k | €24k | €22k | ▼ 10.5% |
| Stocks30/36 | - | €22k | €14k | €24k | €22k | ▼ 10.5% |
| Amounts receivable within one year40/41 | €395k | €127k | €135k | €74k | €118k | ▲ 60.8% |
| Trade receivables40 | - | €1k | €6k | €11k | €43k | ▲ 291% |
| Other amounts receivable41 | - | €125k | €129k | €63k | €75k | ▲ 20.4% |
| Current investments50/53 | - | - | - | - | €27k | - |
| Cash at bank and in hand54/58 | €35k | €115k | €103k | €46k | €96k | ▲ 108% |
| Deferred charges and accrued income490/1 | - | €4k | €12k | €15k | €15k | ▼ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €839k | €727k | €714k | €672k | €727k | ▲ 8.2% |
| Equity10/15 | €242k | €347k | €403k | €478k | €555k | ▲ 16.0% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €345k | €327k | €383k | €458k | €535k | ▲ 16.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €38k | - | - | - | - |
| Distributable reserves133 | - | €287k | €381k | €457k | €533k | ▲ 16.7% |
| Profit (loss) carried forward14 | €-123k | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | €96k | €25k | - | - | - | - |
| Deferred taxes168 | - | €25k | - | - | - | - |
| Amounts payable17/49 | €501k | €355k | €311k | €194k | €173k | ▼ 10.9% |
| Amounts payable after more than one year17 | €201k | €169k | €107k | €129k | €92k | ▼ 28.3% |
| Financial debts170/4 | - | €169k | €107k | €129k | €92k | ▼ 28.3% |
| Amounts payable within one year42/48 | €234k | €97k | €141k | €65k | €80k | ▲ 23.5% |
| Current portion of amounts payable after more than one year42 | - | €70k | €64k | €39k | €38k | ▼ 1.9% |
| Financial debts43 | - | €2k | - | - | - | - |
| Other loans439 | - | €2k | - | - | - | - |
| Trade debts44 | €35k | €7k | €21k | €8k | €22k | ▲ 184% |
| Suppliers440/4 | - | €7k | €21k | €8k | €22k | ▲ 184% |
| Taxes, remuneration and social security45 | - | €12k | €13k | €6k | €16k | ▲ 174% |
| Taxes450/3 | - | €11k | €13k | €4k | €13k | ▲ 245% |
| Remuneration and social security454/9 | - | €998 | - | €2k | €3k | ▲ 50.9% |
| Other amounts payable47/48 | - | €5k | €42k | €12k | €4k | ▼ 67.3% |
| Accrued charges and deferred income492/3 | - | €89k | €64k | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €135k | €86k | €80k | €76k | ▼ 4.0% |
| + Depreciation and write-downs630 | €75k | €81k | €84k | €99k | €106k | ▲ 7.4% |
| Operating cash flow (approximation) | €111k | €216k | €171k | €178k | €183k | ▲ 2.3% |
| Investment in fixed assets (approximation) | - | €-152k | €-75k | €-162k | €-42k | ▲ 73.9% |
| Change in cash | - | €80k | €-12k | €-56k | €50k | ▲ 189% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 51 days late
2024
31-12
Financial
Equity above €500kEq €555k ▲16%
6 profitable years in a row build equity to €555k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 95 days late
2021
31-12
Financial
Highest result since 2018net €135k ▲278%
Net result €135k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
11-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 224 days late
2019
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
31-12
Financial
Equity above €200kEq €242k ▲44.1%
Equity rises from €168k to €242k.
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
21-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 52 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 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, Aalter · 1 establishment unit since 2001
Ground area
1,378 m²
Building footprint
406 m²
Volume, LiDAR
1,859 m³
Parcel 44502D0320/00E000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SPARRENHOF
since 20012.100.431.268
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44502D0320/00E000 | Flanders | 1,378 m² | 1 · 406 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalter2.100.431.268
Dual-learning approval
2 live approvals · 4 endedHulpkelner (vwo)
Hulpkelner duaal (so)
Show 4 ended approvals
Hulpkelner (so)
Hulpkelner (so)
Hulpkelner (vwo)
Hulpkelner duaal (so)
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 5,989 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-07-2001
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.