Summary
ELKE PHILIPPETH is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €31k and a net result of €20k. Equity is shrinking by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 8048 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 05-12-2025, 146 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
146 d early
2024
35 d early
2023
27 d early
2022
44 d early
2021
17 d early
2020
36 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€31k▼ 7.0%
2024 · €34k
2018: €62k
2019: €62k● 0.0% vs 2018
2020: €65k▲ +3.8% vs 2019highest in 8 years
2021: €52k▼ -19.3% vs 2020
2022: €36k▼ -30.9% vs 2021
2023: €28k▼ -20.9% vs 2022lowest in 8 years
2024: €34k▲ +18.1% vs 2023
2025: €31k▼ -7.0% vs 2024
2018 → 2025
Net result
€20k▲ 296%
2024 · €5k
2018: €18k
2019: €-18k▼ -201% vs 2018lowest in 8 years
2020: €21k▲ +213% vs 2019
2021: €21k▲ +1.7% vs 2020highest in 8 years
2022: €2k▼ -90.6% vs 2021
2023: €2k▲ +21.6% vs 2022
2024: €5k▲ +116% vs 2023
2025: €20k▲ +296% vs 2024
2018 → 2025
Total assets
€56k▲ 21.1%
2024 · €46k
2018: €66k
2019: €66k● 0.0% vs 2018
2020: €74k▲ +12.8% vs 2019
2021: €99k▲ +33.8% vs 2020highest in 8 years
2022: €57k▼ -42.3% vs 2021
2023: €42k▼ -26.3% vs 2022lowest in 8 years
2024: €46k▲ +8.8% vs 2023
2025: €56k▲ +21.1% vs 2024
2018 → 2025
Solvency
56.4%▼ 17.0pp
2024 · 73.4%
2018: 94.7%highest in 8 years
2019: 94.7%● 0.0% vs 2018highest in 8 years
2020: 87.2%▼ -8.0% vs 2019
2021: 52.6%▼ -39.7% vs 2020lowest in 8 years
2022: 62.9%▲ +19.8% vs 2021
2023: 67.6%▲ +7.3% vs 2022
2024: 73.4%▲ +8.6% vs 2023
2025: 56.4%▼ -23.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€36k▼ 30.9%€28k▼ 20.9%€34k▲ 18.1%€31k▼ 7.0%
2021: €52khighest in 5 years
2022: €36k▼ -30.9% vs 2021
2023: €28k▼ -20.9% vs 2022lowest in 5 years
2024: €34k▲ +18.1% vs 2023
2025: €31k▼ -7.0% vs 2024
Operating result€27k-€3k▼ 89.4%€4k▲ 30.0%€7k▲ 99.9%€26k▲ 250%
2021: €27khighest in 5 years
2022: €3k▼ -89.4% vs 2021lowest in 5 years
2023: €4k▲ +30.0% vs 2022
2024: €7k▲ +99.9% vs 2023
2025: €26k▲ +250% vs 2024
Net result€21k-€2k▼ 90.6%€2k▲ 21.6%€5k▲ 116%€20k▲ 296%
2021: €21khighest in 5 years
2022: €2k▼ -90.6% vs 2021lowest in 5 years
2023: €2k▲ +21.6% vs 2022
2024: €5k▲ +116% vs 2023
2025: €20k▲ +296% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 250% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €56k
Equity
€31k ▼ 7.0%
Debt
€24k ▲ 98.5%
Debt's share of the balance-sheet total rises from 26.6% to 43.6%. Equity is lower and debt is higher.
Key figures and ratios
ROE
65.4%▲
2024 · 15.3%
ROA
36.8%▲
2024 · 11.3%
Debt ≤ 1 year
€24k▲
2024 · €12k
Income taxes
€5k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€46k€56k▲
Current assets29/58€46k€56k▲
Amounts receivable within one year40/41€29k€48k▲
Other amounts receivable41€29k€48k▲
Cash at bank and in hand54/58€16k€7k▼
Deferred charges and accrued income490/1€752€769▲
Equity and liabilities
Total equity and liabilities10/49€46k€56k▲
Equity10/15€34k€31k▼
Contributions10/11€6k€6k=
Reserves13€27k€25k▼
Distributable reserves133€27k€25k▼
Amounts payable17/49€12k€24k▲
Amounts payable within one year42/48€12k€24k▲
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€2k€380▼
Taxes450/3€2k€380▼
Other amounts payable47/48€8k€21k▲
Accrued charges and deferred income492/3€190-
Income statement
Code20242025
Other operating charges640/8€502€573▲
Gross operating margin9900€8k€26k▲
Operating profit (loss)9901€7k€26k▲
Financial charges65/66B€220€60▼
Recurring financial charges65€220€60▼
Profit (loss) for the period before taxes9903€7k€26k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€5k€20k▲
Profit (loss) for the period to be appropriated9905€5k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€20k▲
Transfer from equity791/2-€2k
Transfer to equity691/2€5k-
To other reserves6921€5k-
Profit to be distributed694/7-€23k
Return on contributions (dividend)694-€23k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €948 | €948 | - | - | - | - |
| Other operating charges640/8 | €503 | €450 | €230 | €502 | €573 | ▲ 14.1% |
| Gross operating margin9900 | €28k | €4k | €4k | €8k | €26k | ▲ 235% |
| Operating profit (loss)9901 | €27k | €3k | €4k | €7k | €26k | ▲ 250% |
| Financial charges65/66B | €316 | €251 | €45 | €220 | €60 | ▼ 72.7% |
| Recurring financial charges65 | €316 | €251 | €45 | €220 | €60 | ▼ 72.7% |
| Profit (loss) for the period before taxes9903 | €26k | €3k | €4k | €7k | €26k | ▲ 260% |
| Income taxes67/77 | €5k | €600 | €1k | €2k | €5k | ▲ 163% |
| Profit (loss) for the period9904 | €21k | €2k | €2k | €5k | €20k | ▲ 296% |
| Profit (loss) for the period to be appropriated9905 | €21k | €2k | €2k | €5k | €20k | ▲ 296% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99k | €57k | €42k | €46k | €56k | ▲ 21.1% |
| Fixed assets21/28 | €948 | - | - | - | - | - |
| Tangible fixed assets22/27 | €948 | - | - | - | - | - |
| Furniture and vehicles24 | €948 | - | - | - | - | - |
| Current assets29/58 | €98k | €57k | €42k | €46k | €56k | ▲ 21.1% |
| Amounts receivable within one year40/41 | €65k | €31k | €30k | €29k | €48k | ▲ 66.6% |
| Other amounts receivable41 | €65k | €31k | €30k | €29k | €48k | ▲ 66.6% |
| Cash at bank and in hand54/58 | €33k | €26k | €9k | €16k | €7k | ▼ 58.6% |
| Deferred charges and accrued income490/1 | - | €858 | €4k | €752 | €769 | ▲ 2.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99k | €57k | €42k | €46k | €56k | ▲ 21.1% |
| Equity10/15 | €52k | €36k | €28k | €34k | €31k | ▼ 7.0% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €46k | €30k | €22k | €27k | €25k | ▼ 8.5% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €44k | €28k | €22k | €27k | €25k | ▼ 8.5% |
| Amounts payable17/49 | €47k | €21k | €14k | €12k | €24k | ▲ 98.5% |
| Amounts payable within one year42/48 | €47k | €21k | €14k | €12k | €24k | ▲ 102% |
| Trade debts44 | €3k | - | €2k | €3k | €3k | ▲ 8.1% |
| Suppliers440/4 | €3k | - | €2k | €3k | €3k | ▲ 8.1% |
| Taxes, remuneration and social security45 | €4k | €1k | €1k | €2k | €380 | ▼ 77.3% |
| Taxes450/3 | €4k | €1k | €1k | €2k | €380 | ▼ 77.3% |
| Other amounts payable47/48 | €40k | €19k | €10k | €8k | €21k | ▲ 172% |
| Accrued charges and deferred income492/3 | €457 | €494 | - | €190 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €2k | €2k | €5k | €20k | ▲ 296% |
| + Depreciation and write-downs630 | €948 | €948 | - | - | - | - |
| Operating cash flow (approximation) | €22k | €3k | €2k | €5k | €20k | ▲ 296% |
| Change in cash | - | €-7k | €-17k | €7k | €-10k | ▼ 228% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €21k ▲1.7%
Operating result €27k, net result €21k, both a record.
25-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Schoten
Ground area
958 m²
Building footprint
166 m²
Volume, LiDAR
971 m³
Parcel 11040D0146/00R003, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0146/00R003 | Flanders | 958 m² | 1 · 166 m² | 12.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 24,727 companies in sector 64210 we hold annual accounts for 19,768. 8,915 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-09-2007
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.