FILOE
ActiveSummary
FILOE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €286,709 and a net result of -€29,409. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 63% of 9619 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability25▲+25
Solvency75▼-20
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.17 in 2023; short-term debt: 47.4% and cash: 0% of total assets), and 50.3% of the assets are financed with debt.
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Signals
Five 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 dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49.7%
Return on assets
-5.1%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€29,409
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
124 d late
2022
149 d late
2021
51 d early
2020
26 d early
2019
84 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€286,709▼ 9.3%
2023 · €316,118
Total assets
€576,325▲ 28.1%
2023 · €449,912
Net result
-€29,409▲ 61.2%
2023 · -€75,705
Working capital
-€123,870▼ 13.8%
2023 · -€108,832
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
Line20202021202220232024
Operating result€37,918▼ 21.8%€43,804▲ 15.5%€44,229▲ 1.0%-€66,183-€14,373▲ 78.3%
Net result€12,980within the sector's middle half▼ 72.1%€33,841above the sector's middle half▲ 161%€33,022above the sector's middle half▼ 2.4%-€75,705below the sector's middle half-€29,409below the sector's middle half▲ 61.2%
Equity€324,959within the sector's middle half▲ 4.2%€358,800above the sector's middle half▲ 10.4%€391,822above the sector's middle half▲ 9.2%€316,118within the sector's middle half▼ 19.3%€286,709within the sector's middle half▼ 9.3%
Total assets€436,442below the sector's middle half▼ 1.3%€570,442above the sector's middle half▲ 30.7%€528,466above the sector's middle half▼ 7.4%€449,912below the sector's middle half▼ 14.9%€576,325within the sector's middle half▲ 28.1%
Debt€111,483▼ 14.4%€211,642▲ 89.8%€136,643▼ 35.4%€133,794▼ 2.1%€289,616▲ 116%
Working capital-€43,869▼ 6.9%-€66,405▼ 51.4%-€35,172▲ 47.0%-€108,832▼ 209%-€123,870▼ 13.8%
Solvency74.5%above the sector's middle half▲ 3.9pp62.9%above the sector's middle half▼ 11.6pp74.1%above the sector's middle half▲ 11.2pp70.3%above the sector's middle half▼ 3.9pp49.7%within the sector's middle half▼ 20.5pp
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.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14,373 in 2024 against €66,183 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €576,325
Fixed assets
€426,995 =
Current assets
€149,330 ▲ 552%
Equity and liabilities €576,325
Equity
€286,709 ▼ 9.3%
Debt
€289,616 ▲ 116%
Debt's share of the balance-sheet total rises from 29.7% to 50.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.55▲
2023 · 0.17
Debt to equity
1.01▲
2023 · 0.42
ROE
-10.3%▲
2023 · -23.9%
ROA
-5.1%▲
2023 · -16.8%
Debt ≤ 1 year
€273,200▲
2023 · €131,749
Debt > 1 year
€16,416
Income taxes
€10,230▲
2023 · €3,785
Staff costs
€8,329▲
2023 · €1,225
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1,225 | €8,329 | ▲ 580% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €80,550 | - | - |
| Other operating charges640/8 | - | €921 | €774 | - | €1,031 | - |
| Gross operating margin9900 | €38,374 | €44,726 | €45,003 | €15,592 | -€5,013 | ▼ 132% |
| Operating profit (loss)9901 | €37,918 | €43,804 | €44,229 | -€66,183 | -€14,373 | ▲ 78.3% |
| Financial income75/76B | - | €157 | - | €872 | - | - |
| Recurring financial income75 | - | €157 | - | €872 | - | - |
| Financial charges65/66B | - | €2,241 | €1,207 | €6,608 | €4,806 | ▼ 27.3% |
| Recurring financial charges65 | €1,449 | €2,241 | €1,207 | €6,608 | €4,806 | ▼ 27.3% |
| Profit (loss) for the period before taxes9903 | €36,468 | €41,721 | €43,022 | -€71,920 | -€19,179 | ▲ 73.3% |
| Income taxes67/77 | €23,489 | €7,880 | €10,000 | €3,785 | €10,230 | ▲ 170% |
| Profit (loss) for the period9904 | €12,980 | €33,841 | €33,022 | -€75,705 | -€29,409 | ▲ 61.2% |
| Profit (loss) for the period to be appropriated9905 | €12,980 | €33,841 | €33,022 | -€75,705 | -€29,409 | ▲ 61.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €436,442 | €570,442 | €528,466 | €449,912 | €576,325 | ▲ 28.1% |
| Fixed assets21/28 | €426,995 | €426,995 | €426,995 | €426,995 | €426,995 | = |
| Financial fixed assets28 | €426,995 | €426,995 | €426,995 | €426,995 | €426,995 | = |
| Current assets29/58 | €9,448 | €143,447 | €101,471 | €22,917 | €149,330 | ▲ 552% |
| Stocks and contracts in progress3 | - | - | €80,550 | - | - | - |
| Stocks30/36 | - | - | €80,550 | - | - | - |
| Amounts receivable within one year40/41 | €6,069 | €137,938 | €19,710 | €22,715 | €149,199 | ▲ 557% |
| Trade receivables40 | - | €107,556 | €11,713 | €11,921 | €80,438 | ▲ 575% |
| Other amounts receivable41 | - | €30,382 | €7,996 | €10,794 | €68,761 | ▲ 537% |
| Current investments50/53 | €142 | €142 | - | €135 | - | - |
| Cash at bank and in hand54/58 | €3,236 | €5,367 | €259 | €67 | €131 | ▲ 94.4% |
| Deferred charges and accrued income490/1 | - | - | €952 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €436,442 | €570,442 | €528,466 | €449,912 | €576,325 | ▲ 28.1% |
| Equity10/15 | €324,959 | €358,800 | €391,822 | €316,118 | €286,709 | ▼ 9.3% |
| Contributions10/11 | - | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Outside capital11 | - | - | €60,000 | - | - | - |
| Other1109/19 | - | - | €60,000 | - | - | - |
| Reserves13 | €264,500 | €298,500 | €298,500 | €298,500 | €298,500 | = |
| Non-distributable reserves130/1 | - | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves not available under the articles1311 | - | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Distributable reserves133 | - | €292,500 | €292,500 | €292,500 | €292,500 | = |
| Profit (loss) carried forward14 | €459 | €300 | €33,322 | -€42,382 | -€71,791 | ▼ 69.4% |
| Amounts payable17/49 | €111,483 | €211,642 | €136,643 | €133,794 | €289,616 | ▲ 116% |
| Amounts payable after more than one year17 | €58,166 | €1,789 | - | - | €16,416 | - |
| Financial debts170/4 | - | €1,789 | - | - | €16,416 | - |
| Amounts payable within one year42/48 | €53,317 | €209,853 | €136,643 | €131,749 | €273,200 | ▲ 107% |
| Current portion of amounts payable after more than one year42 | - | €21,231 | €1,789 | - | - | - |
| Financial debts43 | - | €25,075 | €60,867 | €45,585 | €24,763 | ▼ 45.7% |
| Credit institutions430/8 | - | €25,075 | €60,867 | €45,585 | €24,763 | ▼ 45.7% |
| Trade debts44 | €105 | €116,223 | €45,028 | €1,266 | €69,498 | ▲ 5,388% |
| Suppliers440/4 | - | €116,223 | €45,028 | €1,266 | €69,498 | ▲ 5,388% |
| Taxes, remuneration and social security45 | - | €10,163 | - | €13,785 | €2,533 | ▼ 81.6% |
| Taxes450/3 | - | €10,163 | - | €13,785 | €2,533 | ▼ 81.6% |
| Other amounts payable47/48 | - | €37,160 | €28,960 | €71,113 | €176,406 | ▲ 148% |
| Accrued charges and deferred income492/3 | - | - | - | €2,045 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,980 | €33,841 | €33,022 | -€75,705 | -€29,409 | ▲ 61.2% |
| Operating cash flow (approximation) | €12,980 | €33,841 | €33,022 | -€75,705 | -€29,409 | ▲ 61.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €2,131 | -€5,108 | -€191 | €64 | ▲ 133% |
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
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 124 days late
2023
31-12
Financial
Weakest financial yearnet -€75,705
Net result drops to -€75,705, the lowest in the series; recovery starts the following year.
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 149 days late
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €46,505 ▲26.2%
Net result €46,505, the highest in the series.
14-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Ieper · 1 establishment unit since 1998
Ground area
378 m²
Building footprint
369 m²
Volume, LiDAR
2,560 m³
2 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
FILOE
since 19982.067.000.615
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011C0001/04Z007 | Flanders | 193 m² | 1 · 184 m² | 11.6 m · 3 fl. |
| 33303E0274/00P000 | Flanders | 185 m² | 1 · 185 m² | 8.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2023 annual accounts of FILOE 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
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
5 categoriesFILOE BV41304
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Of 10,664 companies in sector 47811 we hold annual accounts for 5,221. 3,666 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 (pre-2019)
Founded12-04-1994
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
42220Construction of utility projects for electricity and telecommunications
43212Electrical installation work in industrial facilities
46810Wholesale of solid, liquid and gaseous fuels and related products
47300Retail sale of automotive fuel
68203Renting and operating of own or leased non-residential real estate, excluding land
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0452482828
Also
9925:BE0452482828
Registered
03-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.