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 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PATINCO from Wingene, company number BE0441930416, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year PATINCO recorded a gross margin of € 2.6 million and equity of € 6.4 million. Compared with financial year 2024, the result moved from € 1.6 million to € 1.9 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 24, 2026.
€ 6.4 million
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 18,275
▲ 224% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 565
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 293,183
Loans from banks and other lenders, long and short.
€ 432,338
▲ 54% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,633,695 | € 163,149 | € 2,168,673 | € 2,647,800 | ▲ 22% |
| Profit after taxes | € 1,185,451 | € 253,694 | € 1,632,648 | € 1,936,514 | ▲ 19% |
| Equity | € 6,769,773 | € 7,023,467 | € 8,656,115 | € 6,392,629 | ▼ 26% |
| Total debts | € 283,675 | € 126,480 | € 280,910 | € 725,521 | ▲ 158% |
| Cash | € 586 | € 9,788 | € 5,647 | € 18,275 | ▲ 224% |
| Retained profit | € 6,724,773 | € 6,978,467 | € 8,611,115 | € 6,347,629 | ▼ 26% |
| Dividend | € 0 | € 0 | € 0 | € 4,200,000 | |
| Bank debt | € 133,556 | € 0 | € 0 | € 293,183 | |
| Balance sheet total | € 7,053,448 | € 7,149,947 | € 8,937,025 | € 7,118,151 | ▼ 20% |
Key figures of PATINCO, 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 July 2027.
What happened to PATINCO?
What happened at PATINCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.9 million (▲ 19% vs 2024). Source: NBB ↗
- Merijn HAECK became a director. NBB
- New establishment in Beernem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million profit in 2022 to € 1.9 million profit in 2025.
Paid € 2.4 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.9 million profit.
Paid out € 4.2 million in dividends to the owners in total.
Management
Behind PATINCO is Merijn HAECK. Merijn HAECK is also behind FODEVA, HAPRO, MEERSSEN, POELVOORDE and DRIE-KAVEN.
Directors
According to the 2025 annual accounts
Merijn HAECK
Director
Also active at: FODEVA, HAPRO, MEERSSEN, POELVOORDE, DRIE-KAVEN, TEN BARNE, BUNDING, KERCKAERT MESTVERWERKING WINGENE
since 2006
Establishments
Establishment units
Physical locations of this company
Heremeersstraat 2A
8750 Wingene
Hubert d'Ydewallestraat 17
8730 Beernem
Active since 17 September 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0441.930.416
- VAT number
- BE 0441.930.416
- Registered office
- Heremeersstraat 2A, 8750 Wingene
- Names & denominations
- PATINCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 1990
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Groothandel in kleding, kledingtoebehoren en bontartikelen
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Detailhandel in schoeisel
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in schoeisel
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)