Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2022; threshold 65 %.
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Annual account missing NBB
Fiscal year 2023 was expected before 31 July 2024 and has not been filed.
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Busy address KBO
45 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2022
PATRONALE LIFE from Brussel, company number BE0415120705, closed financial year 2022 with a result of € 4.1 million after tax. For that financial year PATRONALE LIFE recorded revenue of € 309,646 and equity of € 85 million. Compared with financial year 2021, the result moved from € 2.2 million to € 4.1 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 4, 2023.
€ 85 million
▼ 2% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.1 million
▲ 85% vs 2021
Profit after tax over the fiscal year.
€ 16,755
▼ 95% vs 2021
Cash and bank balances on the last day of the fiscal year.
€ 6 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2022
€ 17.6 million
▼ 4% vs 2021
€ 969,176 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 86,890
▼ 28% vs 2021
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 206 days on average.
€ 561,864
▼ 96% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 292,981 | € 309,646 | ▲ 6% |
| Profit after taxes | € 2,211,754 | € 4,084,992 | ▲ 85% |
| Equity | € 86,861,804 | € 84,966,804 | ▼ 2% |
| Total debts | € 38,204,954 | € 24,471,989 | ▼ 36% |
| Cash | € 350,854 | € 16,755 | ▼ 95% |
| Retained profit | € 3,318,720 | € 323,721 | ▼ 90% |
| Dividend | € 6,024,618 | € 5,979,991 | ▼ 1% |
| Bank debt | € 18,293,380 | € 17,643,404 | ▼ 4% |
| Balance sheet total | € 125,066,758 | € 109,438,793 | ▼ 12% |
Key figures of PATRONALE LIFE, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to PATRONALE LIFE?
What happened at PATRONALE LIFE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Fernand Moeykens stepped down as director. NBB
- Filip Moeykens stepped down as director. NBB
- Werner Van Walle stepped down as director. NBB
- Michel Van Den Broeck stepped down as director. NBB
- Bart Cornu stepped down as director. NBB
- Bruno De Winter stepped down as director. NBB
- Luc Willems stepped down as director. NBB
- Colette Dierick stepped down as director. NBB
In short
From € 2.2 million profit in 2021 to € 4.1 million profit in 2022.
Paid € 103,166 in corporate taxes since 2021.
Best year ever: 2022, with € 4.1 million profit.
Paid out € 12 million in dividends to the owners in total.
Management
The shares are held by Fork Invest BVBA (45.9%), - Andere (natuurlijke personen) (37.8%), Mylecke NV (8.2%), PATRONALE LIFE NV (2.9%), ABC GROUP NV (2.8%) and Seeking Alpha BV (1.8%). It owns 100% of Patronale Life itself.
Directors
According to the 2022 annual accounts
Fernand Moeykens
Chairman of the board
since 2022 · until 2028
Filip Moeykens
Managing director
Also active at: MANUGENIE, HYPOSTART, INDOMI, SOCODIX DE HAARD CVBA, GEWESTELIJKE MAATSCHAPPIJ VOOR HUISVESTINGSKREDIET - SOCIETE REGIONALE DE CREDIT AU LOGEMENT, Demer en Dijle, De Vrijdomskaai, Timoti +33 more
since 2022 · until 2028
Werner Van Walle
Director
Also active at: MANUGENIE, HYPOSTART, INDOMI, SOCODIX, Demer en Dijle, De Vrijdomskaai, SOGIMES, Gearless Windpower +33 more
since 2022 · until 2028
since 2022 · until 2028
Bart Cornu
Director
since 2022 · until 2028
Erik Dralans
Director
since 2018 · until 2022
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
Shareholders
45.9%
- Andere (natuurlijke personen)
37.8%
8.2%
2.9%
2.8%
1.8%
0.6%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Bischoffsheimlaan 33
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 45 companies are registered at this address.
All companies at this address →MANUGENIE same network
€ 1.4 million revenue · 2025
KREDIET VOOR SOCIALE WONINGEN
€ 588,696 revenue · 2025
L'Entr'Aide Financière du Tournaisis
€ 1.5 million revenue · 2024
SOCODIX same network
€ 54,108 revenue · 2025
GEWESTELIJKE MAATSCHAPPIJ VOOR HUISVESTINGSKREDIET - SOCIETE REGIONALE DE CREDIT AU LOGEMENT same network
€ 76,499 gross margin · 2025
+40 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.120.705
- VAT number
- BE 0415.120.705
- Registered office
- Bischoffsheimlaan 33, 1000 Brussel
- Names & denominations
- PATRONALE LIFE · PATRONALE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 1975
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Rechtstreekse verzekeringsverrichtingen leven
Verstrekken van hypothecair krediet