Active · per the CBE, 29 October 2026

PATCH

BE0426450996

Rechtspersoon Public limited company 1 establishment

PATCH is a logistics company in Ingelmunster. Public Limited, started on 7 November 1984, 1 establishment.

Kortrijkstraat 121, 8770 Ingelmunster

Active for

41 year, 11 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

PATCH from Ingelmunster, company number BE0426450996, closed financial year 2025 with a result of € 102,784 after tax. For that financial year PATCH recorded a gross margin of € 389,858 and equity of € -200,494. Compared with financial year 2024, the result moved from € 37,417 to € 102,784. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.

What it is worth Caution

€ -200,494

▲ € 102,784 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 102,784

▲ 175% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 38,107

▲ 45% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -262,494.

People and assets in 2025

Wage cost

€ 135,393

▲ 1% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt ≈ 9 years to go

€ 924,145

▼ 10% vs 2024

€ 98,671 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 249,209

▼ 12% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 37,383

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 237,393 € 252,357 € 327,345 € 389,858 ▲ 19%
Profit after taxes € -35,687 € -39,391 € 37,417 € 102,784 ▲ 175%
Equity € -301,304 € -340,695 € -303,278 € -200,494 ▲ € 102,784
Total debts € 2,286,271 € 2,239,475 € 2,156,354 € 1,983,961 ▼ 8%
Cash € 21,933 € 22,541 € 26,228 € 38,107 ▲ 45%
Land & buildings € 1,822,362 € 1,751,386 € 1,699,268 € 1,667,142 ▼ 2%
Retained profit € -363,304 € -402,695 € -365,278 € -262,494 ▲ € 102,784
Bank debt € 1,220,157 € 1,121,487 € 1,022,816 € 924,145 ▼ 10%
Balance sheet total € 1,984,968 € 1,898,780 € 1,853,076 € 1,783,467 ▼ 4%

Key figures of PATCH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.

What happened to PATCH?

What happened at PATCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • LISBET VERSTRAETE stepped down as director. NBB
  • PATRICK CNUDDE stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 102,784 (▲ 175% vs 2024). Source: NBB ↗
  • LISBET VERSTRAETE became a director. NBB
  • PATRICK CNUDDE became a director. NBB
  • New establishment in Ingelmunster. KBO
  • Start of the company according to the CBE. KBO

In short

From € 35,687 loss in 2022 to € 102,784 profit in 2025.

Paid € 4 in corporate taxes since 2022.

Best year ever: 2025, with € 102,784 profit.

Management

Directors

According to the 2025 annual accounts

LISBET VERSTRAETE

Director

Also active at: Berca/Pacoliba, CNUDDE EN ZOON

since 2022 · until 2028

PATRICK CNUDDE

Managing director

Also active at: Berca/Pacoliba, CNUDDE EN ZOON, BERCA SUD

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijkstraat 121

8770 Ingelmunster

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0426.450.996
VAT number
BE 0426.450.996
Registered office
Kortrijkstraat 121, 8770 Ingelmunster
Names & denominations
PATCH
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
7 November 1984
Peppol
Active · Active since 20 Nov 2020
Activities · NACE

Detailhandel in schoeisel

Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren

Groothandel in textiel

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Detailhandel in huishoudtextiel en beddengoed

Groothandel in huishoudtextiel en beddengoed

Wassen en poetsen van motorvoertuigen

Detailhandel in overige sportartikelen

+3

Frequently asked questions

What does PATCH do?
PATCH is a logistics company in Ingelmunster. Public Limited, started on 7 November 1984, 1 establishment.
What is the address of PATCH?
The registered office of PATCH is located at Kortrijkstraat 121, 8770 Ingelmunster.
Is PATCH still active?
Yes. According to the CBE (29 October 2026) PATCH is active, legal situation “Normale toestand”, started on 7 November 1984.
Is PATCH registered on Peppol?
Yes, PATCH is registered on the Peppol network with ID 0208:0426450996.
What is the enterprise number of PATCH?
The enterprise number of PATCH is BE0426450996.
When was PATCH founded?
PATCH was founded on 7 November 1984.