ACTIVE

Patria

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Financial year 2025 · Closed on 31/12/2025

Net result473,4 k €+112,4 %over 1 year
Gross margin1,3 M €+28,7 %over 1 year
Equity9,7 M €+2,6 %over 1 year

Identity

Source · BCE/KBO

Patria is a Non-profit organization incorporated in 1926. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0402.424.888
Incorporation
07/07/1926
Legal form
Non-profit organization
Registered office
Boulevard Saucy 8-10
4020 Liège · WallonieSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin1,3 M €986,4 k €912,8 k €787,5 k €838,3 k €
EBITDA955,1 k €497,6 k €523,3 k €421,7 k €535,4 k €
Operating result522,7 k €182,8 k €97,8 k €38,4 k €-30,9 k €
Net result473,4 k €222,9 k €112,8 k €71,5 k €7 k €
Balance sheet
Equity9,7 M €9,4 M €9,2 M €9,1 M €8,9 M €
Total assets10,3 M €9,8 M €9,5 M €9,4 M €9,2 M €
Cash2,8 M €2,2 M €1,5 M €1,7 M €120 €
Debts466,2 k €245,6 k €204,4 k €239,9 k €175,1 k €
Other
Workforce–2,0 ETP2,0 ETP–2,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

18 active · 27 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FAROUK CHENNIT
Directorsince 20/05/2026
SOPHIE REGINSTER
Directorsince 20/05/2026
Yassine Jellouli
Directorsince 20/05/2026
ISABELLE DEBROUX
Managing directorsince 11/06/2025Directorsince 13/12/2023
JEAN-LUC MOUTHUY
Directorsince 11/06/2025
JESSICA PATINIOTIS
Directorsince 11/06/2025
MARC SCIUS
Directorsince 11/06/2025
Marc DELVENNE
Directorsince 14/06/2013Mandate2013 accountsended
Marc EVRARD
Directorsince 13/12/2023
Nicolas CAHAY
Directorsince 13/12/2023
ALAIN CUVELIER
Managing director05/10/2022 → 11/06/2025
JORDAN ATANASOV
Director01/06/2021 → 11/06/2025
Gaston MERKELBACK
Managing directorsince 11/05/2021Chairman of the board of directorssince 14/06/2013Director14/06/2013 → 2019 accountsended
Raymond DOCQUIER
Directorsince 01/01/2020
Isabelle BUCHELOT
Directorsince 25/04/2019
Jean-Marc NAMOTTE
Directorsince 14/06/2013Mandate2014 accountsended
Raymond VRIJDAGHS
Directorsince 14/06/2013
Philippe CONTENT
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ISABELLE MICHEL
Directorlisted until the 2024 accounts
Pierre HENTIENS
Director13/12/2023 → 2024 accounts
René PETIT
Director13/12/2023 → 2024 accounts

Other companies at this address

Boulevard Saucy 8-10 4020 Liège
CompanyCBE no.
CSC-SERVICE CENTRAL CHOMAGE Section Liège● Active
0923.021.613

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/07/202610/09/202530/07/202421/09/202305/09/202219/08/2021
General meeting30/06/202611/06/202519/06/202414/06/202312/05/202211/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202613/07/2026FrenchPDF
Abridged model31/12/202411/06/202510/09/2025FrenchPDF
Abridged model31/12/202319/06/202430/07/2024FrenchPDF
Abridged model31/12/202214/06/202321/09/2023FrenchPDF
Abridged model31/12/202112/05/202205/09/2022FrenchPDF
Abridged model31/12/202011/05/202119/08/2021FrenchPDF
Abridged model31/12/201923/06/202001/10/2020FrenchPDF
Abridged model31/12/201825/04/201927/06/2019FrenchPDF
Abridged model31/12/201726/03/201807/09/2018FrenchPDF
Abridged model31/12/201614/06/201715/01/2018FrenchPDF
Abridged model31/12/201523/06/201625/08/2016FrenchPDF
Abridged model31/12/201408/06/201529/09/2015FrenchPDF
Abridged model31/12/201306/06/201423/10/2014FrenchPDF
Abridged model31/12/201214/06/201313/06/2014FrenchPDF
Abridged model31/12/201120/06/201209/07/2012FrenchPDF
Abridged model31/12/201028/06/201130/06/2011FrenchPDF
Abridged model31/12/200918/06/201021/06/2010FrenchPDF
Abridged model31/12/200826/06/200930/06/2009FrenchPDF
Abridged model31/12/200719/06/200802/07/2008FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

18 active · 27 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FAROUK CHENNIT
Directorsince 20/05/2026
SOPHIE REGINSTER
Directorsince 20/05/2026
Yassine Jellouli
Directorsince 20/05/2026
ISABELLE DEBROUX
Managing directorsince 11/06/2025Directorsince 13/12/2023
JEAN-LUC MOUTHUY
Directorsince 11/06/2025
JESSICA PATINIOTIS
Directorsince 11/06/2025
MARC SCIUS
Directorsince 11/06/2025
Marc DELVENNE
Directorsince 14/06/2013Mandate2013 accountsended
Marc EVRARD
Directorsince 13/12/2023
Nicolas CAHAY
Directorsince 13/12/2023
ALAIN CUVELIER
Managing director05/10/2022 → 11/06/2025
JORDAN ATANASOV
Director01/06/2021 → 11/06/2025
Gaston MERKELBACK
Managing directorsince 11/05/2021Chairman of the board of directorssince 14/06/2013Director14/06/2013 → 2019 accountsended
Raymond DOCQUIER
Directorsince 01/01/2020
Isabelle BUCHELOT
Directorsince 25/04/2019
Jean-Marc NAMOTTE
Directorsince 14/06/2013Mandate2014 accountsended
Raymond VRIJDAGHS
Directorsince 14/06/2013
Philippe CONTENT
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ISABELLE MICHEL
Directorlisted until the 2024 accounts
Pierre HENTIENS
Director13/12/2023 → 2024 accounts
René PETIT
Director13/12/2023 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/10/2026
    Nouvelle composition des administrateurs et démissions-Nominations
    PDF
  • Mandates22/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other29/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates16/10/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/02/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/04/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/10/2013
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1926
Name
Registered office
Annual accounts
Filings17 filings
Mandates
SOPHIE REGINSTER
FAROUK CHENNIT
Yassine Jellouli
MARC SCIUS
JEAN-LUC MOUTHUY
JESSICA PATINIOTIS
ISABELLE DEBROUX
Marc EVRARD
Nicolas CAHAY
Marc DELVENNE
ALAIN CUVELIER
JORDAN ATANASOV
1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Patria
Boulevard Saucy 8-10, 4020 Liège-4020
Director
Director
Director
Managing directorDirector
Director
Director
Director
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Boulevard Saucy 8-10, 4020 Liège-4020Current
accounts 2021 → 2025
Accounts 2025 · 2026-00292281

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
PatriaCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00292281

Events

  1. 2025
    Annual accounts 2025473,4 k €↑
  2. 2024
    Annual accounts 2024222,9 k €↑
  3. 2023
    Annual accounts 2023112,8 k €↑
  4. 2022
    Annual accounts 202271,5 k €↑
  5. 2021
    Annual accounts 20217 k €↓
  6. 2020
    Annual accounts 2020350 k €↑
  7. 2019
    Annual accounts 2019125,4 k €↑
  8. 2018
    Annual accounts 201870,4 k €↓
  9. 2017
    Annual accounts 201774,4 k €↓
  10. 2016
    Annual accounts 2016179,1 k €↑
  11. 2015
    Annual accounts 2015-26,6 k €↓
  12. 2014
    Annual accounts 201411,7 k €↑
  13. 2013
    Annual accounts 20137 k €↑
  14. 2012
    Annual accounts 20122,7 k €↓
  15. 2011
    Annual accounts 201111,4 k €↓
  16. 2010
    Annual accounts 2010233,4 k €↑
  17. 2009
    Annual accounts 2009230,7 k €
  18. 07/07/1926
    IncorporationNon-profit organization