David Philtjens
ActiveDavid Philtjens has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56k and a net result of €2k. Equity is growing by ~38.4% per year across the filed fiscal years. Its solvency ranks better than 47% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-10
Solvency70▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.6 against 1.93 in 2024; short-term debt: 34.5% and cash: 7.7% of total assets), but 55.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
44.7%
Return on assets
2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
15 d late
2023
1 d early
2022
1 d late
2021
on the day
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€56k▲ 4.6%
2024 · €54k
2018: €4k
2019: €12k
2020: €2k
2021: €21k
2022: €27k
2023: €41k
2024: €54k
2018 → 2025
Total assets
€125k▼ 6.9%
2024 · €134k
2018: €56k
2019: €64k
2020: €80k
2021: €79k
2022: €79k
2023: €113k
2024: €134k
2018 → 2025
Net result
€2k▼ 81.6%
2024 · €13k
2018: €-5k
2019: €-1k
2020: €-10k
2021: €19k
2022: €8k
2023: €15k
2024: €13k
2018 → 2025
Working capital
€69k▲ 23.8%
2024 · €56k
2018: €816
2019: €10k
2020: €-3k
2021: €22k
2022: €34k
2023: €49k
2024: €56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€27k▲ 31.0%€41k▲ 50.6%€54k▲ 30.0%€56k▲ 4.6%
Operating result€25k-€9k▼ 61.7%€20k▲ 109%€18k▼ 7.3%€4k▼ 78.6%
Net result€19k-€8k▼ 59.6%€15k▲ 97.5%€13k▼ 9.9%€2k▼ 81.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 79% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€13k▼ 29.9%
Current assets
€113k▼ 3.3%
Equity and liabilities €125k
Equity
€56k▲ 4.6%
Debt
€69k▼ 14.4%
The debt ratio falls from 60.2% to 55.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €22k
Cash flow
€6k▼
2024 · €17k
Solvency
44.7%▲
2024 · 39.8%
Current ratio
2.60▲
2024 · 1.93
Quick ratio
2.60▲
2024 · 1.93
Debt / equity
1.24▼
2024 · 1.51
ROE
4.4%▼
2024 · 25.1%
ROA
2.0%▼
2024 · 10.0%
Interest coverage
29.60▼
2024 · 65.52
Debt
€69k▼
2024 · €81k
Debt ≤ 1 year
€43k▼
2024 · €60k
Income taxes
€1k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€134k€125k▼
Fixed assets21/28€18k€13k▼
Tangible fixed assets22/27€16k€12k▼
Land and buildings22€8k€7k▼
Furniture and vehicles24€7k€5k▼
Financial fixed assets28€2k€400▼
Current assets29/58€117k€113k▼
Amounts receivable within one year40/41€94k€89k▼
Trade receivables40€61k€56k▼
Other amounts receivable41€33k€33k=
Cash at bank and in hand54/58€22k€10k▼
Deferred charges and accrued income490/1€1k€14k▲
Equity and liabilities
Total equity and liabilities10/49€134k€125k▼
Equity10/15€54k€56k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€35k€37k▲
Amounts payable17/49€81k€69k▼
Amounts payable within one year42/48€60k€43k▼
Current portion of amounts payable after more than one year42€2k€10k▲
Trade debts44€47k€21k▼
Suppliers440/4€47k€21k▼
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€7k€6k▼
Remuneration and social security454/9€3k€6k▲
Other amounts payable47/48€1k€1k=
Accrued charges and deferred income492/3€20k€26k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€661€545▼
Gross operating margin9900€22k€8k▼
Operating profit (loss)9901€18k€4k▼
Financial charges65/66B€331€247▼
Recurring financial charges65€331€247▼
Profit (loss) for the period before taxes9903€18k€4k▼
Income taxes67/77€5k€1k▼
Profit (loss) for the period9904€13k€2k▼
Profit (loss) for the period to be appropriated9905€13k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€37k▲
Profit (loss) brought forward from the previous period14P€23k€35k▲
Profit to be distributed694/7€1k-
Return on contributions (dividend)694€1k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
30-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €19k
Net result €19k after 3 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herk-de-Stad · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ganzenhoek 293540 Herk-de-StadGround area
437 m²
Building footprint
84 m²
Volume, LiDAR
457 m³
Parcel 71012B0105/00S007, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DAVID PHILTJENS BVBA
since 20172.269.852.062
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71012B0105/00S007 | Flanders | 437 m² | 1 · 84 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,964 companies in sector 43331 we hold annual accounts for 1,791. 1,555 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-06-2017
Fiscal year end30-09
Activities, NACEBEL
43331Floor and wall tiling
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.