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ALIPHIL

Active
Public limited companyfounded 199927 yrs activeDrève Richelle 161 Bât.D, 1410 Waterloo, BelgiumKBO/BCE: BE 0466.431.032
Summary

ALIPHIL has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €253,273 and a net result of €271,442. Equity is shrinking by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 4235 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+4
Solvency67▼-29
Growth53=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.4 in 2024; short-term debt: 57.7% and cash: 25.4% of total assets), and 57.7% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
42.3%
Return on assets
45.4%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
27 d early
2023
8 d early
2022
28 d early
2021
13 d early
2020
22 d early
2019
11 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 8 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ALIPHIL was incorporated on 5 July 1999.1 In 2016 the capital was increased by EUR 62,400 to EUR 124,800.2 The registered office moved to Gosselies in 2017 and to Waterloo in 2020.34 The board currently has 3 members; XAVIER PIERLET has served longest, since 2017.5 Revenue grew from EUR 128,820 in 2018 to EUR 164,090 in 2025.6

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 08-02-2016
  3. 3Belgian State Gazette, 20-11-2017
  4. 4Belgian State Gazette, 06-01-2020
  5. 5Belgian State Gazette, 20-02-2018
  6. 6National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€164,090▲ 3.1%
2024 · €159,187
EBIT margin
75.1%▲ 4.7pp
2024 · 70.5%
Net result
€271,442▲ 223%
2024 · €84,091
Working capital
€20,569▼ 57.9%
2024 · €48,812
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€137,410▲ 1.4%€144,261▲ 5.0%€158,794▲ 10.1%€159,187▲ 0.2%€164,090▲ 3.1%
Operating result€88,452▲ 9.1%€118,120▲ 33.5%€115,984▼ 1.8%€112,163▼ 3.3%€123,263▲ 9.9%
Net result€91,398within the sector's middle half▲ 42.1%€76,011within the sector's middle half▼ 16.8%€85,387within the sector's middle half▲ 12.3%€84,091within the sector's middle half▼ 1.5%€271,442above the sector's middle half▲ 223%
EBIT margin64.4%▲ 4.5pp81.9%▲ 17.5pp73.0%▼ 8.8pp70.5%▼ 2.6pp75.1%▲ 4.7pp
Equity€896,259above the sector's middle half▲ 11.4%€332,270within the sector's middle half▼ 62.9%€317,740within the sector's middle half▼ 4.4%€301,831within the sector's middle half▼ 5.0%€253,273within the sector's middle half▼ 16.1%
Total assets€981,336within the sector's middle half▲ 15.0%€450,223within the sector's middle half▼ 54.1%€428,787below the sector's middle half▼ 4.8%€422,480below the sector's middle half▼ 1.5%€598,439below the sector's middle half▲ 41.6%
Debt€85,077▲ 76.5%€117,953▲ 38.6%€111,047▼ 5.9%€120,649▲ 8.6%€345,166▲ 186%
Working capital€67,005within the sector's middle half▼ 67.4%€38,621within the sector's middle half▼ 42.4%€44,406within the sector's middle half▲ 15.0%€48,812within the sector's middle half▲ 9.9%€20,569within the sector's middle half▼ 57.9%
Solvency91.3%above the sector's middle half▼ 3.0pp73.8%above the sector's middle half▼ 17.5pp74.1%above the sector's middle half▲ 0.3pp71.4%above the sector's middle half▼ 2.7pp42.3%within the sector's middle half▼ 29.1pp
Current ratio1.79within the sector's middle half▼ 3.481.33within the sector's middle half▼ 0.461.40within the sector's middle half▲ 0.071.40within the sector's middle half=1.06within the sector's middle half▼ 0.34
Return on assets (ROA)9.3%within the sector's middle half▲ 1.8pp16.9%above the sector's middle half▲ 7.6pp19.9%above the sector's middle half▲ 3.0pp19.9%above the sector's middle half=45.4%above the sector's middle half▲ 25.5pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2021: €88,452€88,452Net result 2021: €91,398€91,398Operating result 2022: €118,120€118,120Net result 2022: €76,011€76,011Operating result 2023: €115,984€115,984Net result 2023: €85,387€85,387Operating result 2024: €112,163€112,163Net result 2024: €84,091€84,091Operating result 2025: €123,263€123,263Net result 2025: €271,442€271,44220212022202320242025€0€100,000€200,000€300,000Operating result 2023: €115,984€116,000Net result 2023: €85,387€85,400Operating result 2024: €112,163€112,000Net result 2024: €84,091€84,100Operating result 2025: €123,263€123,000Net result 2025: €271,442€271,000202320242025
The operating result recovers in 2025; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €598,439
Fixed assets €232,704 ▼ 8.0%
Current assets €365,735 ▲ 116%
Equity and liabilities €598,439
Equity €253,273 ▼ 16.1%
Debt €345,166 ▲ 186%
Debt's share of the balance-sheet total rises from 28.6% to 57.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€143,578▲
2024 · €132,478
Cash flow
€291,756▲
2024 · €104,406
Debt to equity
1.36▲
2024 · 0.40
ROE
107.2%▲
2024 · 27.9%
Interest coverage
127.94▲
2024 · 117.28
Debt ≤ 1 year
€345,166▲
2024 · €120,649
Income taxes
€30,700▲
2024 · €26,942
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,129 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€422,480€598,439▲
Fixed assets21/28€253,019€232,704▼
Tangible fixed assets22/27€193,019€172,704▼
Land and buildings22€193,019€172,704▼
Financial fixed assets28€60,000€60,000=
Companies linked by participating interests282/3€60,000€60,000=
Participating interests282€60,000€60,000=
Current assets29/58€169,461€365,735▲
Amounts receivable within one year40/41€25,000€213,640▲
Trade receivables40-€15,824
Other amounts receivable41€25,000€197,816▲
Cash at bank and in hand54/58€144,461€152,095▲
Equity and liabilities
Total equity and liabilities10/49€422,480€598,439▲
Equity10/15€301,831€253,273▼
Contributions10/11€62,400€62,400=
Capital10€62,400€62,400=
Issued capital100€62,400€62,400=
Reserves13€6,240€6,240=
Non-distributable reserves130/1€6,240€6,240=
Legal reserve130€6,240€6,240=
Profit (loss) carried forward14€233,191€184,633▼
Amounts payable17/49€120,649€345,166▲
Amounts payable within one year42/48€120,649€345,166▲
Trade debts44€17,891€1,650▼
Suppliers440/4€17,891€1,650▼
Taxes, remuneration and social security45€2,920€23,596▲
Taxes450/3€2,920€23,596▲
Other amounts payable47/48€99,839€319,920▲
Income statement Code20242025
Operating income70/76A€178,648€184,110▲
Turnover70€159,187€164,090▲
Other operating income74€19,461€20,020▲
Operating charges60/66A€66,485€60,847▼
Services and other goods61€28,128€21,923▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,315€20,315=
Other operating charges640/8€18,043€18,609▲
Operating profit (loss)9901€112,163€123,263▲
Financial income75/76B-€180,000
Recurring financial income75-€180,000
Income from financial fixed assets750-€180,000
Financial charges65/66B€1,130€1,122▼
Recurring financial charges65€1,130€1,122▼
Other financial charges652/9€1,130€1,122▼
Profit (loss) for the period before taxes9903€111,033€302,141▲
Income taxes67/77€26,942€30,700▲
Taxes670/3€26,942€30,700▲
Profit (loss) for the period9904€84,091€271,442▲
Profit (loss) for the period to be appropriated9905€84,091€271,442▲
Appropriation of the result
Profit (loss) to be appropriated9906€333,191€504,633▲
Profit (loss) brought forward from the previous period14P€249,100€233,191▼
Profit to be distributed694/7€100,000€320,000▲
Return on contributions (dividend)694€100,000€320,000▲

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€149,893€175,523€177,503€178,648€184,110▲ 3.1%
Turnover70€137,410€144,261€158,794€159,187€164,090▲ 3.1%
Other operating income74€12,483€17,041€18,708€19,461€20,020▲ 2.9%
Non-recurring operating income76A-€14,221----
Operating charges60/66A€61,441€57,403€61,519€66,485€60,847▼ 8.5%
Services and other goods61€19,553€21,267€23,864€28,128€21,923▼ 22.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,199€20,315€20,315€20,315€20,315=
Other operating charges640/8€15,688€15,821€17,340€18,043€18,609▲ 3.1%
Operating profit (loss)9901€88,452€118,120€115,984€112,163€123,263▲ 9.9%
Financial income75/76B€7,170€12,136--€180,000-
Recurring financial income75€7,170€12,136--€180,000-
Income from financial fixed assets750€6,088€12,136--€180,000-
Other financial income752/9€1,082-----
Financial charges65/66B€328€327€1,046€1,130€1,122▼ 0.7%
Recurring financial charges65€328€327€1,046€1,130€1,122▼ 0.7%
Other financial charges652/9€328€327€1,046€1,130€1,122▼ 0.7%
Profit (loss) for the period before taxes9903€95,294€129,929€114,937€111,033€302,141▲ 172%
Income taxes67/77€3,896€53,918€29,551€26,942€30,700▲ 13.9%
Taxes670/3€25,464€53,976€29,551€26,942€30,700▲ 13.9%
Tax adjustments and reversals of tax provisions77€21,567€57----
Profit (loss) for the period9904€91,398€76,011€85,387€84,091€271,442▲ 223%
Profit (loss) for the period to be appropriated9905€91,398€76,011€85,387€84,091€271,442▲ 223%
Line20212022202320242025Change
Assets
Total assets20/58€981,336€450,223€428,787€422,480€598,439▲ 41.6%
Fixed assets21/28€829,254€293,649€273,334€253,019€232,704▼ 8.0%
Tangible fixed assets22/27€253,964€233,649€213,334€193,019€172,704▼ 10.5%
Land and buildings22€253,964€233,649€213,334€193,019€172,704▼ 10.5%
Financial fixed assets28€575,291€60,000€60,000€60,000€60,000=
Affiliated companies280/1€515,291-----
Amounts receivable281€515,291-----
Companies linked by participating interests282/3€60,000€60,000€60,000€60,000€60,000=
Participating interests282€60,000€60,000€60,000€60,000€60,000=
Current assets29/58€152,081€156,574€155,453€169,461€365,735▲ 116%
Amounts receivable within one year40/41€102,770€16,075€1,531€25,000€213,640▲ 755%
Trade receivables40€37,096€1,395€1,369-€15,824-
Other amounts receivable41€65,675€14,680€162€25,000€197,816▲ 691%
Cash at bank and in hand54/58€49,311€140,499€153,922€144,461€152,095▲ 5.3%
Equity and liabilities
Total equity and liabilities10/49€981,336€450,223€428,787€422,480€598,439▲ 41.6%
Equity10/15€896,259€332,270€317,740€301,831€253,273▼ 16.1%
Contributions10/11€62,400€62,400€62,400€62,400€62,400=
Capital10€62,400€62,400€62,400€62,400€62,400=
Issued capital100€62,400€62,400€62,400€62,400€62,400=
Reserves13€6,240€6,240€6,240€6,240€6,240=
Non-distributable reserves130/1€6,240€6,240€6,240€6,240€6,240=
Legal reserve130€6,240€6,240€6,240€6,240€6,240=
Profit (loss) carried forward14€827,619€263,630€249,100€233,191€184,633▼ 20.8%
Amounts payable17/49€85,077€117,953€111,047€120,649€345,166▲ 186%
Amounts payable within one year42/48€85,077€117,953€111,047€120,649€345,166▲ 186%
Trade debts44€45,392€5,380€6,580€17,891€1,650▼ 90.8%
Suppliers440/4€45,392€5,380€6,580€17,891€1,650▼ 90.8%
Taxes, remuneration and social security45€25,464€154€4,576€2,920€23,596▲ 708%
Taxes450/3€25,464€154€4,576€2,920€23,596▲ 708%
Other amounts payable47/48€14,221€112,420€99,892€99,839€319,920▲ 220%
Line20212022202320242025Change
Profit (loss) for the period9904€91,398€76,011€85,387€84,091€271,442▲ 223%
+ Depreciation and write-downs630€26,199€20,315€20,315€20,315€20,315=
Operating cash flow (approximation)€117,597€96,326€105,702€104,406€291,756▲ 179%
Investment in fixed assets (approximation)-€515,291€0€0€0-
Change in cash-€91,188€13,423-€9,461€7,633▲ 181%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-09
State Gazette act Reappointment: REMON&CO SRL (statutory auditor)
Power of attorney6 facts ▸
  • General meeting, 25-06-2026
  • Auditor reappointment, REMON&CO SRL (statutory auditor)
  • Power of attorney, Jean-Matthieu Jonet
  • Power of attorney, Guillaume Hellebaut
  • Power of attorney
  • Power of attorney
08-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
30-03
State Gazette act Resignation: ABSolute Consulting SRL (director)
Director discharge · Power of attorney5 facts ▸
  • General meeting, 27/02/2026
  • Director resignation, ABSolute Consulting SRL (director)
  • Director discharge, ABSolute Consulting SRL (director)
  • Power of attorney, Guillaume Hellebaut
  • Power of attorney, Jean-Matthieu Jonet
2025
31-12
Financial Highest result since 2018net €271,442 ▲223%
Operating result €123,263, net result €271,442, both a record.
04-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
01-04
State Gazette act Resignation: M&P Properties srl (director)
Appointment: HEWIMA SRL (director) · Director discharge · Mandate compensation11 facts ▸
  • General meeting, 10-02-2025
  • Director resignation, M&P Properties srl (director)
  • Director discharge, M&P Properties srl
  • Director appointment, HEWIMA SRL (director)
  • Mandate compensation, HEWIMA SRL
  • Board meeting, 13-02-2025
  • Director resignation, M&P Properties srl (daily management delegate)
  • Director discharge, M&P Properties srl
  • Director appointment, HEWIMA SRL (daily management delegate)
  • Power of attorney, HEWIMA SRL
  • Power of attorney, HEWIMA SRL
2024
23-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
12-10
State Gazette act Reappointment: Christophe Remon & Co (statutory auditor)
Permanent representative: Darya Shkred · Power of attorney4 facts ▸
  • General meeting, 30-06-2023
  • Auditor reappointment, Christophe Remon & Co (statutory auditor)
  • Permanent representative, Darya Shkred
  • Power of attorney, les administrateurs
03-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
13-02
State Gazette act Appointment: M&P PROPERTIES SRL (director)
Permanent representative: Luc Parmentier · Mandate compensation · Power of attorney20 facts ▸
  • General meeting, 20-01-2023
  • Director appointment, M&P PROPERTIES SRL (director)
  • Mandate compensation, M&P PROPERTIES SRL
  • Power of attorney, Sophie Rysselinck
  • Power of attorney, Nathalie Latran
  • Power of attorney, Guillaume Hellebaut
  • Power of attorney, Sophie Rysselinck
  • Power of attorney, Nathalie Latran
  • Power of attorney, Guillaume Hellebaut
  • Board meeting, 22-01-2023
  • Director appointment, M&P PROPERTIES SRL (daily management delegate)
  • Permanent representative, Luc Parmentier
  • +8 further facts in this act
2022
14-10
State Gazette act Resignation: F.O.A Management srl (director)
Permanent representative: Nadia Vrancken · Power of attorney9 facts ▸
  • Board meeting, 29-06-2022
  • Power of attorney, Nicolas FOSSION
  • General meeting, 30-06-2022
  • Director resignation, F.O.A Management srl (director)
  • Power of attorney, Sophie Rysselinck
  • Power of attorney, Nathalie Latran
  • Board meeting, 24-08-2022
  • Director resignation, F.O.A Management srl (daily management delegate)
  • Permanent representative, Nadia Vrancken
18-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
Show earlier events
2021
28-12
State Gazette act Resignations: KEYSTONE, F.O.A. MANAGEMENT and 2 others
Reappointments: KEYSTONE, F.O.A. MANAGEMENT and 2 others · Permanent representatives: Thomas RIHOUX, Nadia VRANCKEN and 2 others · Statutes amendment26 facts ▸
  • General meeting, 20-12-2021
  • Statutes amendment
  • Purpose change, La Société a pour objet l’étude, la création, le développement et l’exploitation, pour compte propre, pour compte d’autrui, par ou avec autrui, en gros et en dé…
  • Statutes amendment
  • Capital, €62.400
  • Director resignation, KEYSTONE (non-statutory director)
  • Director resignation, F.O.A. MANAGEMENT (non-statutory director)
  • Director resignation, ABSOLUTE CONSULTING (non-statutory director)
  • Director resignation, XAVIER PIERLET (non-statutory director)
  • Director reappointment, KEYSTONE (non-statutory director)
  • Director reappointment, F.O.A. MANAGEMENT (non-statutory director)
  • Director reappointment, ABSOLUTE CONSULTING (non-statutory director)
  • +14 further facts in this act
26-08
State Gazette act Resignations & appointments
Power of attorney13 facts ▸
  • Board meeting, 10-06-2021
  • General meeting, 30-06-2021
  • Power of attorney
  • Power of attorney, F.O.A. Management SRL
  • Power of attorney, Sophie RYSSELINCK
  • Power of attorney, Olivier t'SERSTÉVENS
  • Power of attorney, Nicolas FOSSION
  • Power of attorney, Sophie RYSSELINCK
  • Power of attorney, Nathalie LATRAN
  • Power of attorney, Nicolas FOSSION
  • Power of attorney, F.O.A. Management SRL
  • Power of attorney
  • +1 further facts in this act
09-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
23-10
State Gazette act Reappointment: Christophe REMON & CO (commissaire aux comptes)
Permanent representative: Darya SHKRED4 facts ▸
  • General meeting, 18-05-2020
  • Auditor reappointment, Christophe REMON & CO (commissaire aux comptes)
  • General meeting, 10-06-2020
  • Permanent representative, Darya SHKRED (représentant pour exercer le mandat de commissaire)
20-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
06-01
State Gazette act Appointment: KEYSTONE (director)
Permanent representative: Thomas RIHOUX · Mandate compensation · Registered-office move14 facts ▸
  • General meeting, 22-11-2019
  • Director appointment, KEYSTONE (director)
  • Permanent representative, Thomas RIHOUX
  • Mandate compensation, KEYSTONE
  • Board meeting, 25-11-2019
  • Registered-office move, Drève Richelle, 161 Bâtiment D Boite 19 à 1410 WATERLOO
  • Power of attorney, Véronique Vandermeersch
  • Power of attorney, Sabrina Lo Vetere
  • Power of attorney, Philippe Huart
  • Power of attorney, Philippe Thibaut
  • Power of attorney, PHT Consulting SPRL
  • Power of attorney, Jean-Marc Deflandre
  • +2 further facts in this act
2019
17-09
State Gazette act Appointment: SPRL F.O.A MANAGEMENT (managing director)
Permanent representative: Nadia VRANCKEN · Mandate compensation4 facts ▸
  • Board meeting, 17-04-2019
  • Director appointment, SPRL F.O.A MANAGEMENT (managing director)
  • Permanent representative, Nadia VRANCKEN
  • Mandate compensation, SPRL F.O.A MANAGEMENT
17-09
State Gazette act Resignation: PHT Consulting SPRL (director and chair of the board)
Appointment: ABSOlute Consulting SPRL (chair of the board) · Mandate compensation4 facts ▸
  • Board meeting, 30-08-2019
  • Director resignation, PHT Consulting SPRL (director and chair of the board)
  • Director appointment, ABSOlute Consulting SPRL (chair of the board)
  • Mandate compensation, ABSOlute Consulting SPRL
05-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 5 days late
2018
06-12
State Gazette act Reappointment: Christophe REMON & CO (commissaire aux comptes)
Power of attorney4 facts ▸
  • General meeting, 16-04-2018
  • Auditor reappointment, Christophe REMON & CO (commissaire aux comptes)
  • Power of attorney, Sabrina Lo Vétéré
  • Power of attorney, Myrlam Jacquemart
26-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 57 days late
20-02
State Gazette act Resignations: Buzz Management SPRL, CAI SPRL and John Mestdagh
Permanent representatives: Eric Mestdagh, Carl Mestdagh and 4 others · Appointments: F.O.A. Management SPRL, ABSOlute Consulting SPRL and 2 others · Mandate compensation15 facts ▸
  • General meeting, 22-11-2017
  • Director resignation, Buzz Management SPRL (director and chair)
  • Permanent representative, Eric Mestdagh
  • Director resignation, CAI SPRL (director and managing director)
  • Permanent representative, Carl Mestdagh
  • Director resignation, John Mestdagh (director)
  • Director appointment, F.O.A. Management SPRL (director)
  • Permanent representative, Nadia Vrancken
  • Director appointment, ABSOlute Consulting SPRL (director)
  • Permanent representative, Olivier Beguin
  • Director appointment, PHT Consulting SPRL (director)
  • Permanent representative, Philippe Thibaut
  • +3 further facts in this act
05-01
State Gazette act Resignation: Buzz Management SPRL (director and chair)
Appointment: PHT Consulting SPRL (chair of the board) · Permanent representative: Philippe Thibaut · Power of attorney7 facts ▸
  • Board meeting, 22-11-2017
  • Power of attorney, F.O.A. Management SPRL
  • Director resignation, Buzz Management SPRL (director and chair)
  • Director appointment, PHT Consulting SPRL (chair of the board)
  • Permanent representative, Philippe Thibaut
  • Power of attorney, F.O.A. Management SPRL
  • Power of attorney, F.O.A. Management SPRL
2017
20-11
State Gazette act Appointments: CAI SPRL (managing director) and Buzz Management SPRL (chair)
Permanent representatives: Carl Mestdagh and Eric Mestdagh · Registered-office move6 facts ▸
  • Board meeting, 23-12-2016
  • Registered-office move, 6041 Gosselies, avenue Jean Mermoz 1 bte 4
  • Director appointment, CAI SPRL (managing director)
  • Permanent representative, Carl Mestdagh
  • Director appointment, Buzz Management SPRL (chair)
  • Permanent representative, Eric Mestdagh
20-09
State Gazette act Resignations: Eric Mestdagh, John Mestdagh and 2 others
Appointments: CAI SPRL, Buzz Management SPRL and John Mestdagh · Permanent representatives: Carl Mestdagh and Eric Mestdagh · Mandate compensation11 facts ▸
  • General meeting, 23-12-2016
  • Director resignation, Eric Mestdagh (director and chair)
  • Director resignation, John Mestdagh (director)
  • Director resignation, Bénédicte Moureau (director and managing director)
  • Director resignation, Jacqueline Defossez (director)
  • Director appointment, CAI SPRL (director)
  • Permanent representative, Carl Mestdagh
  • Director appointment, Buzz Management SPRL (director)
  • Permanent representative, Eric Mestdagh
  • Director appointment, John Mestdagh (director)
  • Mandate compensation, ALIPHIL
25-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
29-07
State Gazette act Restructuring
Demerger · Accounting effect · Share issue5 facts ▸
  • General meeting, 05-07-2016
  • Demerger, scission partielle par constitution d'une société nouvelle, constitution de la société anonyme France DISTRIBUTION
  • Accounting effect, 01-11-2015
  • Share issue, actions nouvelles, 1200
  • Power of attorney, administrateurs de la société scindée et de la société bénéficiaire
23-03
State Gazette act Resignations & appointments
Mandate compensation · Power of attorney4 facts ▸
  • General meeting, 24-02-2016
  • Mandate compensation, Bénédicte MOUREAU
  • Power of attorney, Gérard GOLENVAUX
  • Power of attorney, Raphaël BOUCHER
08-02
State Gazette act Restructuring
Appointment: C. REMON (réviseur d'entreprise) · Demerger · Capital increase13 facts ▸
  • Board meeting, 16-01-2016
  • Demerger, scission partielle, 01-11-2015
  • Capital increase, €62.400
  • Capital, €62.400
  • Capital, €62.400
  • Net-asset statement, 31-10-2015
  • Net-asset statement, 31-10-2015
  • Accounting effect, 01-11-2015
  • Auditor appointment, C. REMON (réviseur d'entreprise)
  • Exchange ratio, 1:1
  • Personnel transfer, L'ensemble du personnel sous contrat d'emploi actuellement sera transféré
  • Retained asset, Participation 30% du capital de la société filiale France RETAIL
  • +1 further facts in this act
2015
09-01
State Gazette act Capital & shares
Capital decrease · Statutes amendment · Power of attorney4 facts ▸
  • General meeting, 22-12-2014
  • Capital decrease, €237.600
  • Statutes amendment
  • Power of attorney, Conseil d'administration
2012
04-07
State Gazette act Resignation: Francis MOUREAU (director)
Appointment: Jacqueline DEFOSSEZ (director)3 facts ▸
  • General meeting, 16-04-2012
  • Director resignation, Francis MOUREAU (director)
  • Director appointment, Jacqueline DEFOSSEZ (director)
2011
27-05
State Gazette act Reappointments: Bénédicte MOUREAU, Eric MESTDAGH and 2 others
5 facts ▸
  • General meeting, 15-04-2011
  • Director reappointment, Bénédicte MOUREAU (managing director)
  • Director reappointment, Eric MESTDAGH (président du conseil d' administration)
  • Director reappointment, Francis MOUREAU (director)
  • Director reappointment, John MESTDAGH (director)
2005
02-08
State Gazette act Reappointments: Bénédicte MOUREAU, Eric MESTDAGH and 2 others
5 facts ▸
  • General meeting, 15-04-2005
  • Director reappointment, Bénédicte MOUREAU (managing director)
  • Director reappointment, Eric MESTDAGH (président du conseil d' administration)
  • Director reappointment, Francis MOUREAU (director)
  • Director reappointment, John MESTDAGH (director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
24 of 24 acts read

Directors · office · real estate

Directors
3 directors, 1 in day-to-day management, no change since 2025

Board 3

HEWIMA
Director · since 22-01-2025 · Private limited company
Current
KEYSTONE
Non-statutory director · Private limited company · perm. rep.: Thomas RIHOUX
Current
XAVIER PIERLET
Non-statutory director · Private limited company (pre-2019) · perm. rep.: Xavier Pierlet
Current
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
BUZZ MANAGEMENT
Director · since 23-12-2016 · Private limited company · perm. rep.: Eric Mestdagh
Not recently confirmed
C.A.I.
Director · since 23-12-2016 · Private limited company (pre-2019) · perm. rep.: Carl Mestdagh
Not recently confirmed
PHT CONSULTING
Director · since 22-11-2017 · Private limited company · perm. rep.: Philippe Thibaut
Not recently confirmed

Day-to-day management 1

HEWIMA
Daily management delegate · since 22-01-2025 · Private limited company
Current

Permanent representatives 2

Thomas RIHOUX
Permanent representative · for KEYSTONE
Current
Xavier Pierlet
Permanent representative · for XAVIER PIERLET
Current
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Carl Mestdagh
Permanent representative · since 23-12-2016 · for C.A.I.
Not recently confirmed
Eric Mestdagh
Permanent representative · since 23-12-2016 · for BUZZ MANAGEMENT
Not recently confirmed
Philippe Thibaut
Permanent representative · since 22-11-2017 · for PHT CONSULTING
Not recently confirmed

Statutory auditor 1

SRL REMON & Co
Statutory auditor · since 01-09-2026 · perm. rep.: Darya Shkred
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Waterloo · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
1.8 ha
Building footprint
3,315 m²
Volume, LiDAR
33,713 m³
2 parcels, Wallonia · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
CHAMPION PHILIPPEVILLE
Rue de France 39, 5600 PhilippevilleWarehousing and support activities for transportation
since 19992.092.787.569
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25763M0621/00F000indicative Wallonia 1.0 ha 1 · 1,772 m² 22.9 m · 6 fl.
93056D0119/00A020 Wallonia 8,064 m² 1 · 1,543 m² -
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

20 people since 2005, 7 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
XAVIER PIERLET
  • Director, from 22-11-2017 to 20-12-2021
  • Non-statutory director, already before 28-12-2021 to date
KEYSTONE
  • Director, from 10-10-2019 to 20-12-2021
  • Non-statutory director, already before 28-12-2021 to date
HEWIMA
  • Director, from 22-01-2025 to date
  • Daily management delegate, from 22-01-2025 to date
SRL REMON & Co
  • Statutory auditor, from 01-09-2026 to date
BUZZ MANAGEMENT
  • Director, from 23-12-2016 not ended, last confirmed 20-09-2017
C.A.I.
  • Director, from 23-12-2016 not ended, last confirmed 20-09-2017
PHT CONSULTING
  • Director, from 22-11-2017 not ended, last confirmed 20-02-2018
CHRISTOPHE REMON & CO
  • Statutory auditor, from 16-04-2018 to 01-09-2026
ABSOlute Consulting
  • Director, from 22-11-2017 to 20-12-2021
  • Chair of the board, from 20-05-2019 ended, last mentioned 17-09-2019
  • Non-statutory director, already before 28-12-2021 to 22-12-2025
Meeùs & Parmentier Properties
  • Director, from 20-01-2023 to 11-12-2024
  • Daily management delegate, from 22-01-2023 to 11-12-2024
F.O.A. MANAGEMENT
  • Director, from 22-11-2017 to 20-12-2021
  • Managing director, from 17-04-2019 to 30-06-2022
  • Non-statutory director, already before 28-12-2021 to 30-06-2022
PHT Consulting SPRL
  • Chair of the board, from 22-11-2017 ended, last mentioned 05-01-2018
  • Director and chair of the board, until 20-05-2019
C. REMON
  • Réviseur d'entreprise, from 26-01-2016 to 16-04-2018
Buzz Management SPRL
  • Chair, from 23-12-2016 ended, last mentioned 20-11-2017
  • Director and chair, until 22-11-2017
  • Director and chair, until 22-12-2017
CAI SPRL
  • Managing director, from 23-12-2016 to 22-11-2017
  • Director and managing director, until 22-11-2017
John Mestdagh
  • Director, already before 02-08-2005 to 22-11-2017
Bénédicte MOUREAU
  • Managing director, already before 02-08-2005 to 23-12-2016
  • Director and managing director, until 23-12-2016
Eric Mestdagh
  • Président du conseil d' administration, already before 02-08-2005 ended, last mentioned 27-05-2011
  • Director and chair, until 23-12-2016
Jacqueline DEFOSSEZ
  • Director, from 16-04-2012 to 23-12-2016
Francis MOUREAU
  • Director, already before 02-08-2005 to 16-04-2012
See the board, name and seat on a given date →

Articles of association

Purpose
L'étude, la création, le développement et l'exploitation... de toutes formules de distribution et de services... La participation dans d'autres entreprises... L'établissement... de…
Full purpose

L'étude, la création, le développement et l'exploitation... de toutes formules de distribution et de services... La participation dans d'autres entreprises... L'établissement... de restaurants, hôtels... L'achat, la fabrication... de toutes denrées... D'une manière générale, la société peut faire... toutes opérations mobilières, immobilières, commerciales, industrielles ou financières... La société peut aussi assumer des mandats d'administrateur ou de liquidateur.

Structure & network

Part of the group JEC INVEST 31 companies Group, risk and exposure

Owners and holdings

2 owners · 1 holding

Chain of control

  1. JEC INVEST 99.92%
  2. ALIPHIL

Highest known parent: JEC INVEST. The sources do not say who stands above it.

Owners 2

Holdings 1

According to the 2025 annual accounts of ALIPHIL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

21 connected companies
Linked via shared directors
MECCO-GOSSENT
Shared director
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AG REAL ESTATE
Shared corporate director
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GENT ZUID
Shared corporate director
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HD17 IMMO
Shared corporate director
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JULIE BRICHANT UNIT 3
Shared corporate director
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NINIA
Shared corporate director
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Nouveaux Entrepôts et Garages
Shared corporate director
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Néris
Shared corporate director
→
OTTIGNIMMO
Shared corporate director
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RDV-INVEST
Shared corporate director
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THOMAS & PIRON HOLDING
Shared corporate director
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TOLEDA INVEST
Shared corporate director
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Triomphe 174
Shared corporate director
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UNIPARK
Shared corporate director
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WOLUWE 102
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Acquisitions and mergers

1 transaction
Split off to:France DISTRIBUTION
partial demerger · State Gazette act of 29-07-2016 (2 acts) · effective 01-11-2015

Capital and shareholders

Capital over the years
  1. 28-12-2021 Capital stated in the act · 62,400 EUR · 1,200 shares
  2. 08-02-2016 Capital increase of 62,400 EUR · to 124,800 EUR · from reserves
  3. 09-01-2015 Capital reduction of 237,600 EUR · to 62,400 EUR · repaid to the shareholders

Similar companies · same sector, comparable size

Of 3,043 companies in sector 47221 we hold annual accounts for 1,566. 1,239 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded05-07-1999
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
E-invoicing
Reachable via Peppol
Peppol ID 0208:0466431032

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.