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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PNF Patine from Lo-Reninge, company number BE0705829111, closed financial year 2025 with a result of € 50,959 after tax. For that financial year PNF Patine recorded a gross margin of € 368,055 and equity of € 33,372. Compared with financial year 2024, the result moved from € 37,204 to € 50,959. Profitable, and profit is growing. The buffer shrank hard: equity is 60 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 33,372
▼ 60% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,959
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 20,507
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 237,852
▲ 1% 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.
€ 50,822
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 67,068
▼ 40% vs 2024
€ 32,416 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 39,084
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,637
▼ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 402,059 | € 522,919 | € 355,211 | € 368,055 | ▲ 4% |
| Profit after taxes | € -17,496 | € 74,105 | € 37,204 | € 50,959 | ▲ 37% |
| Equity | € -5,096 | € 75,209 | € 82,413 | € 33,372 | ▼ 60% |
| Total debts | € 350,752 | € 262,524 | € 209,430 | € 152,585 | ▼ 27% |
| Cash | € 51,412 | € 4,689 | € 58,510 | € 20,507 | ▼ 65% |
| Land & buildings | € 4,732 | - | - | - | |
| Retained profit | € -17,496 | € 56,609 | € 63,813 | € 14,772 | ▼ 77% |
| Dividend | € 0 | € 0 | € 30,000 | € 100,000 | ▲ 233% |
| Bank debt | € 208,602 | € 171,007 | € 112,502 | € 67,068 | ▼ 40% |
| Balance sheet total | € 345,657 | € 337,733 | € 291,843 | € 185,958 | ▼ 36% |
Key figures of PNF Patine, 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 PNF Patine?
What happened at PNF Patine in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,959 (▲ 37% vs 2024). filed late Source: NBB ↗
- New establishment in Wingene. KBO
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,496 loss in 2022 to € 50,959 profit in 2025.
Paid € 53,947 in corporate taxes since 2022.
Best year ever: 2023, with € 74,105 profit.
Paid out € 130,000 in dividends to the owners in total.
Management
Behind PNF Patine are Patrick Leemans and Franky Fonteyne.
Directors
According to the 2025 annual accounts
Patrick Leemans
Director
Franky Fonteyne
Director
Establishments
Establishment units
Physical locations of this company
Oude-eiermarkt 9
8647 Lo-Reninge
Blauwhuisstraat 1
8020 Oostkamp
Active since 26 September 2018
Gravestraat 9
8750 Wingene
Active since 12 December 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0705.829.111
- VAT number
- BE 0705.829.111
- Registered office
- Oude-eiermarkt 9, 8647 Lo-Reninge
- Names & denominations
- PNF Patine
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 2018
- Peppol
- Active · Active since 24 Aug 2026
- Activities · NACE
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