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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MIPATT from Ledegem, company number BE0829681481, closed financial year 2025 with a result of € -3,361 after tax. For that financial year MIPATT recorded a gross margin of € -116 and equity of € -32,466. Compared with financial year 2024, the result moved from € -5,566 to € -3,361. The company made a loss. 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 July 16, 2026.
€ -32,466
▼ € 3,361 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,361
▲ 40 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,399
▲ 193% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -44,866.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,526
▼ 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.
€ 12,957
▲ 199% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 249
▼ 76% 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 | |
|---|---|---|---|---|---|
| Gross margin | € -13,410 | € -10,008 | € -2,341 | € -116 | ▲ € 2,225 |
| Profit after taxes | € -16,281 | € -13,048 | € -5,566 | € -3,361 | ▲ € 2,205 |
| Equity | € -10,492 | € -23,540 | € -29,106 | € -32,466 | ▼ € 3,361 |
| Total debts | € 47,112 | € 41,967 | € 40,619 | € 48,253 | ▲ 19% |
| Cash | € 1,350 | € 1,789 | € 1,158 | € 3,399 | ▲ 193% |
| Retained profit | € -22,892 | € -35,940 | € -41,506 | € -44,866 | ▼ € 3,361 |
| Balance sheet total | € 36,620 | € 18,427 | € 11,513 | € 15,787 | ▲ 37% |
Key figures of MIPATT, 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 MIPATT?
What happened at MIPATT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,361. Source: NBB ↗
- New establishment in Ledegem. KBO
- Miguel Pattyn became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 16,281 loss in 2022 to € 3,361 loss in 2025.
Management
Behind MIPATT is Miguel Pattyn. Miguel Pattyn is also behind PATTYVAN.
Directors
According to the 2025 annual accounts
since 2010
Establishments
Establishment units
Physical locations of this company
Kleine Izegemsestraat 55
8880 Ledegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0829.681.481
- VAT number
- BE 0829.681.481
- Registered office
- Kleine Izegemsestraat 55, 8880 Ledegem
- Names & denominations
- MIPATT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2010
- Peppol
- Active · Active since 17 Oct 2025
- Activities · NACE
Landschapsverzorging
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden