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.
Financials
Financial year 2025
Pataga Yarn from Peer, company number BE0744396410, closed financial year 2025 with a result of € 454,612 after tax. For that financial year Pataga Yarn recorded a gross margin of € 549,778 and equity of € -449,406. Compared with financial year 2024, the result moved from € 547,396 to € 454,612. 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 January 22, 2026.
€ -449,406
▲ € 454,612 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 454,612
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 2,439
▲ € 2,235 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 € -2.4 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 60,976
▼ 21% vs 2024
€ 61,000 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 23,086
▼ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,704
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,266,695 | € 2,234 | € 64,336 | - | |
| Gross margin | - | - | - | € 549,778 | |
| Profit after taxes | € -1,985,843 | € -499,335 | € 547,396 | € 454,612 | ▼ 17% |
| Equity | € -952,079 | € -1,451,414 | € -904,018 | € -449,406 | ▲ € 454,612 |
| Total debts | € 1,370,358 | € 1,572,354 | € 2,116,629 | € 1,266,392 | ▼ 40% |
| Cash | € 21,600 | € 1,727 | € 204 | € 2,439 | ▲ € 2,235 |
| Retained profit | € -2,952,079 | € -3,451,414 | € -2,904,018 | € -2,449,406 | ▲ € 454,612 |
| Balance sheet total | € 418,279 | € 120,940 | € 1,212,611 | € 816,986 | ▼ 33% |
| Employees (FTE) | 6 | 1.3 | 1 | 1 |
Key figures of Pataga Yarn, 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 January 2027.
What happened to Pataga Yarn?
What happened at Pataga Yarn in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 454,612 (▼ 17% vs 2024). Source: NBB ↗
- New establishment in Peer. KBO
- Start of the company according to the CBE. KBO
- Luc STAS became a director. NBB
- Akash Jacky MULANI became a director. NBB
- Srinath ANANTHAN became a director. NBB
In short
From € 2 million loss in 2022 to € 454,612 profit in 2025.
Best year ever: 2024, with € 547,396 profit.
On average € 549,800 of value added per employee in 2025.
Management
Behind Pataga Yarn are Luc STAS, Akash Jacky MULANI and Srinath ANANTHAN. The shares are held by Avon Capital Pte. Ltd (100%).
Directors
According to the 2025 annual accounts
Luc STAS
Director
Also active at: Pataga Real Estate, Pataga Green Energy, Pataga Machinery, CETINA, SPINPOWER
since 2020
Akash Jacky MULANI
Director
Also active at: Pataga Real Estate, Pataga Green Energy, Pataga Machinery
since 2020
Srinath ANANTHAN
Director
since 2020
Shareholders
Avon Capital Pte. Ltd
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kaulillerweg 119
3990 Peer
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
- 0744.396.410
- VAT number
- BE 0744.396.410
- Registered office
- Kaulillerweg 119, 3990 Peer
- Names & denominations
- Pataga Yarn
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2020
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Vervaardiging van synthetische en kunstmatige vezels
Textielveredeling
Vervaardiging van kunststoffen in primaire vormen
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