Financials
- Financial year
- 2025
- Turnover
- €980
- Loss
- -€1.9m
- Solvency
- 37.8%
PATRIVIN
ActiveSummary
PATRIVIN has the legal form “Public-utility foundation” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €18.1m and a net result of -€1.9m. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 56% of 11,213 sector peers (NACE 68, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Buying and selling of own real estate
NACE 68110Combined facilities support activities NACE 81100
2nd largest company by total assets in Lo-Reninge
Size
€2.2moperating revenue 2025
- Staff
- 1 FTE
- Equity
- €18.1m
- Deficit
- -€1.9m
Structure
- CORNETTE WoutDirector
- DAVID VincentDirector
2025 accounts 58 days early3 of 15 deeds summarised
Signalsraises riskPersistent lossesneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
42
/ 100
Weak▼ -20 on 2024
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Weak
Solvency
63-4
equity 37.8% of total assets
Liquidity
55+4
short-term debt 4.6% · cash 3.6%
Profitability
9-60
return on assets -3.9%
Bankruptcy probability, 12 months
For a Public-utility foundation we don't show a bankruptcy probability: the model is built on companies and gives no reliable figure for associations and foundations.
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.87, compared with 0.28 in 2024, below 1; short-term debt: 4.6% and cash: 3.6% of total assets), and 62.2% of the assets are financed with debt and provisions.
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Signals
Two signals.
raises riskneutral
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 -€1.9m
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 days early
2024
51 days early
2023
33 days early
2022
31 days early
2021
17 days early
2020
37 days early
2019
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€1.9m
- Appointments: CORNETTE Wout (director) and DAVID…Resignations: VRIJE KINDERDAGVERBLIJVEN VEURNE, V.K.V…
Key points
- Caution: Result fell in 2025from -€22,668 to -€1.9m ▼ 8,087% View
- Caution: Among the weakest 5% on net resultsector median €10,062 · 11,204 companies -€1.9m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss financial year 2025 -€1.9m View
By topic
Board & ownership
- Board
- 2 members
- CORNETTE WoutDirector
- DAVID VincentDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-07-2027
- 10-06-2025Annual accounts filed
- 23-07-2024Resignations: Nicolas VANSPEYBROUCK (director) and Steven MAEYAERT…
- 28-06-2024Annual accounts filed
Company details
- Legal form
- Public-utility foundation
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 25-03-2016
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 17
See the provisions in the deeds
Go to Articles of associationKey facts about PATRIVIN
- What is the company number of PATRIVIN?
- 0650.775.671. In Belgium the VAT number is the company number with BE in front: BE 0650.775.671.
- Where is PATRIVIN based?
- The registered office is at Dorpplaats(Ren) 14, 8647 Lo-Reninge.Company details
- What does PATRIVIN do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of PATRIVIN?
- Public-utility foundation.
- When was PATRIVIN founded?
- On 25-03-2016.
- Is PATRIVIN still active?
- Yes, PATRIVIN is an active enterprise in the KBO register.
- How many employees does PATRIVIN have?
- On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PATRIVIN?
- €980 in financial year 2025, according to the filed annual accounts.
- Is PATRIVIN profitable?
- In financial year 2025, PATRIVIN made a loss of €1.9m.
- Where can I find the annual accounts of PATRIVIN?
- PATRIVIN filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PATRIVIN due?
- By 31-07-2027, for financial year 2026.Timeline
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