ACTIVE

Patrivan

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Financial year 2025 · closed on 31/12/2025

Net result

-82,7 k €

-353.8% YoY

Gross margin

184,6 k €

-17.9% YoY

Equity

5,6 M €

+31.3% YoY

What does Patrivan do?

Patrivan is a Public limited company incorporated in 1983. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0424.355.006

Incorporation

15/04/1983

Legal form

Public limited company

Registered office

Wolvendreef(Kor) 18
8500 Kortrijk · FlandreSee on map

Contributed capital

5 262 682,45 €

Latest accounts

31/12/2025

Signals

Solid equityLow risk

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2017		2016		2015		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	184,6 k €	-17.9%	224,9 k €	-25.4%	301,5 k €	+39.2%	216,6 k €	+44.3%	150 k €	-32.3%	221,7 k €	-22.7%	286,9 k €	-5.9%	304,8 k €	+1.0%	301,9 k €	-4.3%	315,4 k €	-1.3%	319,5 k €	+2.1%	312,9 k €	+1.0%	309,7 k €	+2.1%	303,3 k €	+327%	71 k €	+10.5%	64,3 k €
EBITDA	-57,6 k €	-233%	43,3 k €	-65.7%	126,5 k €	+120%	57,4 k €	+1153%	-5,5 k €	-107%	81,3 k €	-45.5%	149,2 k €	-9.4%	164,8 k €	-25.9%	222,5 k €	-6.6%	238,2 k €	-2.7%	244,9 k €	+2.1%	239,7 k €	+0.8%	237,9 k €	+1.9%	233,6 k €	+129%	-804,7 k €	-97494%	826,2 €
Operating result	-80,8 k €	-286%	43,3 k €	-65.7%	126,5 k €	+120%	57,4 k €	+247%	-39,1 k €	-148%	81,3 k €	+19.1%	68,3 k €	-18.5%	83,8 k €	-35.4%	129,7 k €	-17.5%	157,3 k €	-4.1%	164 k €	+3.2%	158,8 k €	+597%	22,8 k €	-85.1%	152,7 k €	+117%	-885,6 k €	-107288%	826,2 €
Net result	-82,7 k €	-354%	32,6 k €	-73.2%	121,5 k €	+112%	57,4 k €	+246%	-39,2 k €	-148%	81,3 k €	+19.1%	68,3 k €	-64.4%	191,8 k €	+77.5%	108 k €	-10.7%	120,9 k €	-3.8%	125,7 k €	+25.7%	100 k €	+404%	-32,8 k €	-148%	68,2 k €	+142%	-161,5 k €	-145%	-66 k €
Balance sheet
Equity	5,6 M €	+31.3%	4,3 M €	+0.8%	4,3 M €	+2.9%	4,1 M €	+1.4%	4,1 M €	-2.1%	4,2 M €	+2.0%	4,1 M €	+1.7%	4 M €	+13.8%	3,5 M €	+200%	1,2 M €	+11.4%	1,1 M €	+13.5%	932,5 k €	+12.0%	832,5 k €	-3.8%	865,4 k €	+8.6%	797,2 k €	-16.9%	958,7 k €
Total assets	6 M €	+25.3%	4,8 M €	+1.2%	4,8 M €	+6.6%	4,5 M €	+5.0%	4,2 M €	+1.6%	4,2 M €	+2.1%	4,1 M €	+1.7%	4 M €	+9.1%	3,7 M €	+7.5%	3,4 M €	-7.5%	3,7 M €	+3.5%	3,6 M €	-6.2%	3,8 M €	+57.9%	2,4 M €	-3.2%	2,5 M €	+41.0%	1,8 M €
Cash	402,9 k €	-48.2%	777,5 k €	+8.1%	719,4 k €	+106%	348,4 k €	+159%	134,6 k €	-63.0%	363,8 k €	+1.5%	358,3 k €	+1.1%	354,4 k €	+8948%	3,9 k €	-88.6%	34,2 k €	-85.3%	232,4 k €	+802%	25,8 k €	-86.0%	183,4 k €	+39586%	462,2 €		–		–
Debts	386 k €	-25.3%	516,8 k €	+5.2%	491,2 k €	+54.5%	317,9 k €	+96.9%	161,5 k €	+2100%	7,3 k €	+83.0%	4 k €	0.0%	4 k €	-97.4%	154,5 k €	-93.1%	2,3 M €	-15.1%	2,7 M €	0.0%	2,7 M €	-11.3%	3 M €	+92.1%	1,6 M €	-8.7%	1,7 M €	+109%	816,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 14 ended

Active mandates

Stefaan VANDECASTEELE

Chairman of the board of directors · since 06 juillet 2013 · until 31 mai 2030

Active

Louis VANDECASTEELE

Director · since 30 mai 2008 · until 31 mai 2030

Active

Margaux VANDECASTEELE

Director · since 30 mai 2008 · until 31 mai 2030

Active

Ended mandates

Stefaan VANDECASTEELE

Chairman of the board of directors · since 06 juillet 2013 · until 25 mai 2024

Ended

Stefaan VANDECASTEELE

Chairman of the board of directors · since 06 juillet 2013

Ended

Louis VANDECASTEELE

Director · since 30 mai 2008 · until 25 mai 2024

Ended

Louis VANDECASTEELE

Director · since 30 mai 2008

Ended

At this address

Other companies at this address

Company	CBE no.
ANASSA● Active	0401.386.592
KIA ORA● Active	0436.213.255
Patrivas● Active	0424.355.105
WOLVENHOEVE● Active	0450.532.633

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	17/02/2025	02/07/2024	30/05/2023	09/06/2022	29/06/2021
General meeting	29/05/2026	07/02/2025	31/05/2024	26/05/2023	03/06/2022	17/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/05/2026	30/06/2026	Dutch	PDF
Micro model	31/12/2024	07/02/2025	17/02/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	02/07/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	30/05/2023	Dutch	PDF
Micro model	31/12/2021	03/06/2022	09/06/2022	Dutch	PDF
Micro model	31/12/2020	17/06/2021	29/06/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	23/06/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	05/07/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	03/07/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	16/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	23/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	16/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	19/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	17/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	15/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	08/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	25/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 14 ended

Active mandates

Stefaan VANDECASTEELE

Chairman of the board of directors · since 06 juillet 2013 · until 31 mai 2030

Active

Louis VANDECASTEELE

Director · since 30 mai 2008 · until 31 mai 2030

Active

Margaux VANDECASTEELE

Director · since 30 mai 2008 · until 31 mai 2030

Active

Ended mandates

Stefaan VANDECASTEELE

Chairman of the board of directors · since 06 juillet 2013 · until 25 mai 2024

Ended

Stefaan VANDECASTEELE

Chairman of the board of directors · since 06 juillet 2013

Ended

Louis VANDECASTEELE

Director · since 30 mai 2008 · until 25 mai 2024

Ended

Louis VANDECASTEELE

Director · since 30 mai 2008

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/09/2026
DIVERSEN, ONTSLAGEN, BENOEMINGEN
PDF
Restructuring08/08/2025
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring25/04/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring04/10/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring04/10/2024
ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other03/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates16/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring26/01/2015
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-82,7 k €↓
2024
Annual accounts 202432,6 k €↓
2023
Annual accounts 2023121,5 k €↑
2022
Annual accounts 202257,4 k €↑
2021
Annual accounts 2021-39,2 k €↓
2017
Annual accounts 201781,3 k €↑
2016
Annual accounts 201668,3 k €↓
2015
Annual accounts 2015191,8 k €↑
2013
Annual accounts 2013108 k €↓
2012
Annual accounts 2012120,9 k €↓
2011
Annual accounts 2011125,7 k €↑
2010
Annual accounts 2010100 k €↑
2009
Annual accounts 2009-32,8 k €↓
2008
Annual accounts 200868,2 k €↑
2007
Annual accounts 2007-161,5 k €↓
2006
Annual accounts 2006-66 k €
15/04/1983
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Patrivan

Overview

What does Patrivan do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline