Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 1.9 to 0.6.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
PATTYN GROUP from Brugge, company number BE0688686736, closed financial year 2025 with a result of € 3.4 million after tax. For that financial year PATTYN GROUP recorded revenue of € 2.4 million and equity of € 31.1 million. Compared with financial year 2024, the result moved from € 2.9 million to € 3.4 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 31.1 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.4 million
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 63,568
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 31 million.
People and assets in 2025
0.6
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 389,151
▲ 2% 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.
€ 15,231
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 386,723
▲ 104% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 88 days on average.
€ 50,138
▲ 84% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,365,877 | € 1,389,489 | € 1,539,025 | € 2,418,557 | ▲ 57% |
| Profit after taxes | € 4,724,130 | € -482,752 | € 2,898,774 | € 3,413,531 | ▲ 18% |
| Equity | € 25,318,239 | € 24,808,095 | € 27,706,868 | € 31,120,399 | ▲ 12% |
| Total debts | € 19,420,842 | € 19,488,676 | € 19,842,702 | € 47,001,104 | ▲ 137% |
| Cash | € 1,361,089 | € 1,113,246 | € 1,361,433 | € 63,568 | ▼ 95% |
| Retained profit | € 25,213,239 | € 24,703,095 | € 27,601,868 | € 31,015,399 | ▲ 12% |
| Dividend | € 0 | € 27,393 | € 0 | € 0 | |
| Bank debt | € 19,209,545 | € 17,199,402 | € 19,526,294 | € 0 | ▼ 100% |
| Balance sheet total | € 44,739,081 | € 44,296,770 | € 47,549,570 | € 78,121,503 | ▲ 64% |
| Employees (FTE) | 2.5 | 1.9 | 1 | 0.6 | ▼ 0.4 |
Key figures of PATTYN GROUP, 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 PATTYN GROUP?
What happened at PATTYN GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.4 million (▲ 18% vs 2024). Source: NBB ↗
- SPN BV stepped down as director. NBB
- LPN BV stepped down as director. NBB
- SLPS BV became a director. NBB
- Guillem Clofent became a director. NBB
- Carson Brennan became a director. NBB
- Michael Kachmer became a director. NBB
- SPN BV became a director. NBB
In short
From € 4.7 million profit in 2022 to € 3.4 million profit in 2025.
Paid € 67,683 in corporate taxes since 2022.
Best year ever: 2022, with € 4.7 million profit.
Paid out € 27,393 in dividends to the owners in total.
Management
The stake of MARELEC FOOD TECHNOLOGIES, LPN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PATTYN GROUPBehind PATTYN GROUP are SLPS BV, Carson Brennan , Guillem Clofent and Michael Kachmer. The shares are held by MARELEC FOOD TECHNOLOGIES (100%) and LPN (50%). It owns 100% of Delaere Engineering, 100% of DLB Holding, 100% of Pattyn North America, 100% of Visio Nerf, 100% of Pattyn Asia and 100% of Pattyn Canada itself.
Directors
According to the 2025 annual accounts
Director · represented by Stefaan Lips
Also active at: PATTYN METAL CONSTRUCTION, DELAERE ENGINEERING, PATTYN BELGIUM
since 2026
since 2025
since 2026
Michael Kachmer
Director
since 2025
since 2020 · until 2026
since 2020 · until 2026
Shareholders
50%
Participations
100%
100%
Pattyn North America
100%
Visio Nerf
100%
Pattyn Asia
100%
Pattyn Canada
100%
General De Manipulados Plasticos SA
100%
100%
Pattyn France SAS
1%
Establishments
Establishment units
Physical locations of this company
Hoge Hul 2
8000 Brugge
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
- 0688.686.736
- VAT number
- BE 0688.686.736
- Registered office
- Hoge Hul 2, 8000 Brugge
- Names & denominations
- PATTYN GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2018
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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