Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PATRIWAE from Kortrijk, company number BE0462013968, closed financial year 2025 with a result of € -41,173 after tax. For that financial year PATRIWAE recorded a gross margin of € 137,532 and equity of € 524,662. Compared with financial year 2024, the result moved from € -19,818 to € -41,173. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 524,662
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -41,173
▼ 108 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,817
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 184,122.
People and assets in 2025
€ 2,084
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 912,510
▼ 11% vs 2024
€ 119,702 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 394
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 75,823 | € 167,627 | € 162,173 | € 137,532 | ▼ 15% |
| Profit after taxes | € -215,851 | € -4,630 | € -19,818 | € -41,173 | ▼ € 21,355 |
| Equity | € 590,282 | € 585,652 | € 565,834 | € 524,662 | ▼ 7% |
| Total debts | € 2,813,198 | € 2,672,350 | € 2,554,726 | € 2,493,534 | ▼ 2% |
| Cash | € 8,268 | € 6,700 | € 6,520 | € 5,817 | ▼ 11% |
| Land & buildings | € 3,536,213 | € 3,381,993 | € 2,399,865 | € 2,282,604 | ▼ 5% |
| Retained profit | € 249,742 | € 245,112 | € 225,294 | € 184,122 | ▼ 18% |
| Bank debt | € 1,261,807 | € 1,146,966 | € 1,030,568 | € 912,510 | ▼ 11% |
| Balance sheet total | € 3,554,136 | € 3,391,549 | € 3,236,998 | € 3,118,890 | ▼ 4% |
Key figures of PATRIWAE, 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 PATRIWAE?
What happened at PATRIWAE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 41,173. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Kortrijk. KBO
- Marie-rose Debaere became a director. NBB
- Frank Waelkens became a director. NBB
In short
From € 215,851 loss in 2022 to € 41,173 loss in 2025.
Paid € 4 in corporate taxes since 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PATRIWAE are Marie-rose Debaere and Frank Waelkens.
Directors
According to the 2025 annual accounts
Marie-rose Debaere
Manager
since 1997
Frank Waelkens
Manager
since 1997
Establishments
Establishment units
Physical locations of this company
Evarist Carpentierlaan(Kor) 52
8500 Kortrijk
Koning Leopold III-laan(Kor) 10
8500 Kortrijk
Active since 24 November 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.013.968
- VAT number
- BE 0462.013.968
- Registered office
- Evarist Carpentierlaan(Kor) 52, 8500 Kortrijk
- Names & denominations
- PATRIWAE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1997
- Peppol
- Active · Active since 21 Oct 2025