ACTIVE

PATRIDEC

Financial year 2025 · closed on 31/03/2025
Net result
3,7 M €
+518.1% YoY
Gross margin
4,8 M €
+168.9% YoY
Equity
102 M €
+3.7% YoY
Workforce
0,0 ETP

What does PATRIDEC do?

PATRIDEC is a Private limited company incorporated in 1987. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Sint-Martens-Latem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0432.317.221
Incorporation
04/11/1987
Legal form
Private limited company
Registered office
Bogaertstraat 15
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
11 013 305,97 €
Latest accounts
31/03/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin4,8 M €1,8 M €1,7 M €2,1 M €2,2 M €1,7 M €1,5 M €1,6 M €1,3 M €1,4 M €1,3 M €
EBITDA4,6 M €1,5 M €1,5 M €1,7 M €1,8 M €1,5 M €1,3 M €1,4 M €789,7 k €1,1 M €1,1 M €842,8 k €744,5 k €-3,7 M €408,7 k €211,2 k €33,4 M €-32,9 M €320,1 k €
Operating result3,7 M €636,6 k €561,9 k €577,3 k €591,8 k €817,8 k €729,1 k €870,7 k €252,6 k €634,7 k €255 k €424,6 k €388,3 k €-4,1 M €137,7 k €-26,8 k €33 M €-33,3 M €-24,8 k €
Net result3,7 M €594,9 k €627,1 k €1,9 M €3,2 M €-925,5 k €1,9 M €576,9 k €1,5 M €605,8 k €1 M €326 k €1,9 M €-2,1 M €2,3 M €2,3 M €35,4 M €40,1 M €62,6 k €
Balance sheet
Equity102 M €98,3 M €97,7 M €97,1 M €95,6 M €92,4 M €93,4 M €91,4 M €90,8 M €89,3 M €88,7 M €87,7 M €103,4 M €101,5 M €103,6 M €101,3 M €99 M €63,6 M €7,8 M €
Total assets103,3 M €98,9 M €100 M €98,5 M €96,2 M €93,1 M €93,7 M €91,8 M €93,3 M €89,6 M €89,2 M €105,4 M €104,1 M €102 M €103,9 M €101,9 M €99,9 M €97,5 M €9,7 M €
Cash695 k €1,7 M €4 M €19,6 M €12,4 M €13,1 M €16,9 M €16,8 M €19,4 M €26,7 M €28 M €47,5 M €52,9 M €32,2 M €44 M €21,9 M €2,2 M €4,5 M €674,8 k €
Debts404,1 k €213 k €1,8 M €954,9 k €160,1 k €378,9 k €99,5 k €158,6 k €2,2 M €21,8 k €246,3 k €17,3 M €408,2 k €288,2 k €130,2 k €451,1 k €362,6 k €628 k €746,6 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 5 ended

Active mandates

Marie-Emilie DECEUNINCK

Director · since 22 décembre 2023 · until 31 mars 2027

Active
Frank DECEUNINCK

Director

Active

Ended mandates

Marie-Emilie DECEUNINCK

Director · since 22 décembre 2023 · until 28 août 2027

Ended
Frank DECEUNINCK

Mandate · since 25 mai 1999

Ended
FRANK DECEUNINCK

Administrator - manager · since 25 mai 1999

Ended
FRANK DECEUNINCK

Manager · since 25 mai 1999

Ended
At this address

Other companies at this address

CompanyCBE no.
DEFIACActive
0465.168.151
HOOGBEVERENActive
0636.744.721
IndustriaActive
0726.872.864
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/10/202525/10/202410/11/202320/02/202309/09/202130/10/2020
General meeting27/09/202524/08/202429/09/202327/08/202228/08/202122/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202527/09/202521/10/2025DutchPDF
Abridged model31/03/202424/08/202425/10/2024DutchPDF
Abridged model31/03/202329/09/202310/11/2023DutchPDF
Abridged model31/03/202227/08/202220/02/2023DutchPDF
Abridged model31/03/202128/08/202109/09/2021DutchPDF
Abridged model31/03/202022/08/202030/10/2020DutchPDF
Abridged model31/03/201924/08/201919/09/2019DutchPDF
Abridged model31/03/201825/08/201827/09/2018DutchPDF
Abridged model31/03/201726/08/201728/09/2017DutchPDF
Abridged model31/03/201627/08/201602/11/2016DutchPDF
Abridged model31/03/201522/08/201513/10/2015DutchPDF
Full model31/03/201423/08/201423/09/2014DutchPDF
Full model31/03/201324/08/201328/10/2013DutchPDF
Full model31/03/201225/08/201230/10/2012DutchPDF
Full model31/03/201127/08/201128/10/2011DutchPDF
Full model31/03/201028/08/201006/10/2010DutchPDF
Full model31/03/200922/08/200906/10/2009DutchPDF
Full modelCorrection31/03/200823/08/200823/12/2008DutchPDF
Full model31/03/200823/08/200818/09/2008DutchPDF
Full model31/03/200725/08/200726/09/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 5 ended

Active mandates

Marie-Emilie DECEUNINCK

Director · since 22 décembre 2023 · until 31 mars 2027

Active
Frank DECEUNINCK

Director

Active

Ended mandates

Marie-Emilie DECEUNINCK

Director · since 22 décembre 2023 · until 28 août 2027

Ended
Frank DECEUNINCK

Mandate · since 25 mai 1999

Ended
FRANK DECEUNINCK

Administrator - manager · since 25 mai 1999

Ended
FRANK DECEUNINCK

Manager · since 25 mai 1999

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/06/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares24/04/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares31/10/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares08/01/2008
    KAPITAAL - AANDELEN
    PDF
  • Restructuring19/09/2007
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/07/2007
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring07/06/2007
    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

Timeline

  1. 2025
    Annual accounts 20253,7 M €
  2. 2024
    Annual accounts 2024594,9 k €
  3. 2023
    Annual accounts 2023627,1 k €
  4. 2022
    Annual accounts 20221,9 M €
  5. 2021
    Annual accounts 20213,2 M €
  6. 2020
    Annual accounts 2020-925,5 k €
  7. 2019
    Annual accounts 20191,9 M €
  8. 2018
    Annual accounts 2018576,9 k €
  9. 2017
    Annual accounts 20171,5 M €
  10. 2016
    Annual accounts 2016605,8 k €
  11. 2015
    Annual accounts 20151 M €
  12. 2014
    Annual accounts 2014326 k €
  13. 2013
    Annual accounts 20131,9 M €
  14. 2012
    Annual accounts 2012-2,1 M €
  15. 2011
    Annual accounts 20112,3 M €
  16. 2010
    Annual accounts 20102,3 M €
  17. 2009
    Annual accounts 200935,4 M €
  18. 2008
    Annual accounts 200840,1 M €
  19. 2007
    Annual accounts 200762,6 k €
  20. 04/11/1987
    IncorporationPrivate limited company