Financials
Financial year 2025
PATRIAS from Kruisem, company number BE0866502483, closed financial year 2025 with a result of € 39,767 after tax. For that financial year PATRIAS recorded a gross margin of € 273,497 and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 83,643 to € 39,767. The company is profitable. 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 April 28, 2026.
€ 3.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,767
▼ 52% vs 2024
Profit after tax over the fiscal year.
€ 160,752
▲ € 137,541 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 € 1.6 million.
People and assets in 2025
0.1
Average over the fiscal year, from the social balance sheet.
€ 10,940
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,163
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.9 million
▼ 12% vs 2024
€ 249,353 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 88,110
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,004
▼ 75% 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 | € 220,009 | € 354,394 | € 255,475 | € 273,497 | ▲ 7% |
| Profit after taxes | € -5,397 | € 60,373 | € 83,643 | € 39,767 | ▼ 52% |
| Equity | € 3,603,003 | € 3,689,307 | € 3,772,950 | € 3,812,716 | ▲ 1% |
| Total debts | € 2,863,537 | € 2,605,232 | € 2,329,133 | € 2,007,741 | ▼ 14% |
| Cash | € 190,048 | € 42,231 | € 23,211 | € 160,752 | ▲ € 137,541 |
| Land & buildings | € 4,768,768 | € 4,577,650 | € 4,511,269 | € 4,241,545 | ▼ 6% |
| Retained profit | € 1,375,370 | € 1,438,695 | € 1,522,338 | € 1,562,105 | ▲ 3% |
| Dividend | € 800 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,763,694 | € 2,386,038 | € 2,119,258 | € 1,859,657 | ▼ 12% |
| Balance sheet total | € 6,560,555 | € 6,381,454 | € 6,184,710 | € 5,898,797 | ▼ 5% |
| Employees (FTE) | 1.2 | 0.6 | 0 | 0.1 |
Key figures of PATRIAS, 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 PATRIAS?
What happened at PATRIAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,767 (▼ 52% vs 2024). Source: NBB ↗
- Morgane Saveyn became a director. NBB
- Axelle Saveyn became a director. NBB
- Astrid Van Huffel became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Kruisem. KBO
In short
From € 5,397 loss in 2022 to € 39,767 profit in 2025.
Paid € 71,827 in corporate taxes since 2022.
Best year ever: 2024, with € 83,643 profit.
On average € 183,300 of value added per employee in 2022.
Management
Behind PATRIAS are Morgane Saveyn, Axelle Saveyn and Astrid Van Huffel. It owns 14.4% of Iurevin itself.
Establishments
Establishment units
Physical locations of this company
Winkelkouter(KRU) 46
9770 Kruisem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0866.502.483
- VAT number
- BE 0866.502.483
- Registered office
- Winkelkouter(KRU) 46, 9770 Kruisem
- Names & denominations
- PATRIAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 July 2004
- Peppol
- Active · Active since 1 Oct 2025
- Activities · NACE
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