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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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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
PATER PATRIAE from Gent, company number BE0714966808, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year PATER PATRIAE recorded revenue of € 48,000 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € -120,027 to € 1.9 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 March 27, 2026.
€ 2.3 million
▲ € 1.9 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▲ still € 120,027 loss in 2024
Profit after tax over the fiscal year.
€ 3,588
▼ 75% 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 € -102,317.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 23,425
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 210 days on average.
€ 9,063
▲ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 48,000 | € 48,000 | € 48,000 | € 48,000 | |
| Profit after taxes | € -3,305 | € 3,700 | € -120,027 | € 1,896,423 | ▲ € 2 million |
| Equity | € 560,024 | € 563,723 | € 443,696 | € 2,340,119 | ▲ € 1.9 million |
| Total debts | € 481,494 | € 468,522 | € 338,269 | € 333,988 | ▼ 1% |
| Cash | € 20,521 | € 11,249 | € 14,544 | € 3,588 | ▼ 75% |
| Retained profit | € -1,882,412 | € -1,878,713 | € -1,998,740 | € -102,317 | ▲ € 1.9 million |
| Balance sheet total | € 1,041,518 | € 1,032,245 | € 781,965 | € 2,674,107 | ▲ 242% |
Key figures of PATER PATRIAE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to PATER PATRIAE?
What happened at PATER PATRIAE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.9 million. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,305 loss in 2022 to € 1.9 million profit in 2025.
Paid € 1,100 in corporate taxes since 2022.
Best year ever: 2025, with € 1.9 million profit.
Management
Behind PATER PATRIAE are Alain Grillaert and Hans Vanoorbeek. It owns 100% of Pegase Travel NV itself.
Directors
According to the 2025 annual accounts
Alain Grillaert
Director
Also active at: Vectis Partners, BOESMANSKOP, Pegase Travel, Oxygen, Exclusive Destinations Travel, VM Workwear Group, Doornroosje Bis
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 1121 box /0103
9051 Gent
Kortrijksesteenweg 1176
9051 Gent
Active since 30 November 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →MAES Q - CONSULTING
€ 185,569 gross margin · 2025
TARAHUMARA
€ 112 gross margin · 2025
Pegase Travel same network
€ 20.1 million revenue · 2025
CATCHH
€ 24,080 gross margin · 2025
Allegretto Festival Foundation
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0714.966.808
- VAT number
- BE 0714.966.808
- Registered office
- Kortrijksesteenweg 1121 bus /0103, 9051 Gent
- Names & denominations
- PATER PATRIAE
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 30 November 2018
- Peppol
- Active · Active since 13 May 2025
- Contact
- [email protected]
- Activities · NACE
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