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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PATENTS, PRODUCTS & ALGORITHMS from Zulte, company number BE0477926027, closed financial year 2025 with a result of € -13,996 after tax. For that financial year PATENTS, PRODUCTS & ALGORITHMS recorded a gross margin of € -13,701 and equity of € -47,154. Compared with financial year 2024, the result moved from € 18,898 to € -13,996. The company made a loss. 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 July 2, 2026.
€ -47,154
▼ € 13,996 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,996
▼ still € 18,898 profit in 2024
Profit after tax over the fiscal year.
€ 1,107
▼ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -97,154.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 219
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -8,505 | € 9,195 | € 20,504 | € -13,701 | ▼ € 34,205 |
| Profit after taxes | € -10,137 | € 7,610 | € 18,898 | € -13,996 | ▼ € 32,894 |
| Equity | € -59,666 | € -52,056 | € -33,158 | € -47,154 | ▼ € 13,996 |
| Total debts | € 110,715 | € 101,613 | € 92,687 | € 102,548 | ▲ 11% |
| Cash | € 1,989 | € 133 | € 3,645 | € 1,107 | ▼ 70% |
| Retained profit | € -109,666 | € -102,056 | € -83,158 | € -97,154 | ▼ € 13,996 |
| Bank debt | € 845 | € 841 | € 0 | € 0 | |
| Balance sheet total | € 51,049 | € 49,557 | € 59,529 | € 55,394 | ▼ 7% |
Key figures of PATENTS, PRODUCTS & ALGORITHMS, 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 PATENTS, PRODUCTS & ALGORITHMS?
What happened at PATENTS, PRODUCTS & ALGORITHMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,996 (▼ € 32,894 vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,137 loss in 2022 to € 13,996 loss in 2025.
Best year ever: 2024, with € 18,898 profit.
Management
Behind PATENTS, PRODUCTS & ALGORITHMS is Chris Vanhee. Chris Vanhee is also behind ALL INVENTIVE PRODUCTS INTERNATIONAL.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Nieuwlandstraat 40A
9870 Zulte
Kalkhoevestraat 1
8790 Waregem
Active since 9 August 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0477.926.027
- VAT number
- BE 0477.926.027
- Registered office
- Nieuwlandstraat 40A, 9870 Zulte
- Names & denominations
- PATENTS, PRODUCTS & ALGORITHMS · P.P. & A.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2002
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
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