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 36 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Patrick Kreins from Büllingen, company number BE0500602746, closed financial year 2024 with a result of € 7,160 after tax. For that financial year Patrick Kreins recorded a gross margin of € 281,297 and equity of € -26,817. Compared with financial year 2023, the result moved from € 15,144 to € 7,160. The company is profitable. 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 August 29, 2025.
€ -26,817
▲ € 7,160 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,160
▼ 53% vs 2023
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -45,417.
People and assets in 2024
3
Average over the fiscal year, from the social balance sheet.
€ 187,607
▼ 13% vs 2023
€ 62,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 29,181
▲ € 28,671 vs 2023
Of which on lease € 28,952.
Debts at end 2024
€ 146,641
▲ 23% vs 2023
€ 23,060 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 143,746
▼ 44% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 75,919
▲ 87% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 272,016 | € 229,830 | € 267,025 | € 281,297 | ▲ 5% |
| Profit after taxes | € 20,802 | € 3,358 | € 15,144 | € 7,160 | ▼ 53% |
| Equity | € -52,479 | € -49,121 | € -33,977 | € -26,817 | ▲ € 7,160 |
| Total debts | € 420,198 | € 418,707 | € 431,939 | € 372,877 | ▼ 14% |
| Cash | € 1,091 | € 861 | € 861 | - | |
| Land & buildings | € 186,761 | € 173,502 | € 160,257 | € 147,011 | ▼ 8% |
| Retained profit | € -71,079 | € -67,721 | € -52,577 | € -45,417 | ▲ € 7,160 |
| Bank debt | € 148,851 | € 145,550 | € 119,475 | € 146,641 | ▲ 23% |
| Balance sheet total | € 367,719 | € 369,586 | € 397,962 | € 346,060 | ▼ 13% |
| Employees (FTE) | - | - | 3 | 3 |
Key figures of Patrick Kreins, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Patrick Kreins?
What happened at Patrick Kreins in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 7,160 (▼ 53% vs 2023). filed late Source: NBB ↗
- New establishment in Büllingen. KBO
- Patrick KREINS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 20,802 profit in 2021 to € 7,160 profit in 2024.
Paid € 438 in corporate taxes since 2021.
Best year ever: 2021, with € 20,802 profit.
On average € 93,800 of value added per employee in 2024.
Management
Behind Patrick Kreins is Patrick KREINS.
Directors
According to the 2024 annual accounts
Patrick KREINS
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Honsfeld 364
4760 Büllingen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0500.602.746
- VAT number
- BE 0500.602.746
- Registered office
- Honsfeld 364, 4760 Büllingen
- Names & denominations
- Patrick Kreins
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2012
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Dakwerkzaamheden
Vervaardiging van ander schrijn- en timmerwerk
Installatie van isolatie
Groothandel in bouwmaterialen, algemeen assortiment
Schrijnwerk
Isolatiewerkzaamheden