Summary
GELDOF PHILIPPE 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 €7.60M and a net result of €1.04M. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 81% of 5527 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 advice 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 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
8 d early
2023
14 d early
2021
31 d late
2020
31 d late
2019
38 d late
2018
30 d late
← 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
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€7.60M▼ 3.5%
2024 · €7.87M
2018: €1.62M
2019: €1.88M
2020: €2.61M
2021: €3.37M
2023: €6.35M
2024: €7.87M
2018 → 2025
Net result
€1.04M▼ 31.6%
2024 · €1.52M
2018: €350k
2019: €298k
2020: €759k
2021: €795k
2023: €2.99M
2024: €1.52M
2018 → 2025
Total assets
€8.86M▲ 9.1%
2024 · €8.12M
2018: €2.06M
2019: €2.33M
2020: €3.12M
2021: €4.25M
2023: €6.58M
2024: €8.12M
2018 → 2025
Solvency
85.8%▼ 11.2pp
2024 · 96.9%
2018: 78.9%
2019: 80.8%
2020: 83.7%
2021: 79.2%
2023: 96.6%
2024: 96.9%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€2.61M-€3.37M▲ 29.1%€6.35M▲ 88.7%€7.87M▲ 23.9%€7.60M▼ 3.5%
Operating result€1.01M-€1.05M▲ 4.0%€2.04M▲ 94.9%€1.51M▼ 25.8%€1.12M▼ 25.9%
Net result€759k-€795k▲ 4.8%€2.99M▲ 276%€1.52M▼ 49.2%€1.04M▼ 31.6%
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 has fallen two years in a row; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.86M
Fixed assets
€4.02M ▲ 57.1%
Current assets
€4.84M ▼ 13.0%
Equity and liabilities €8.86M
Equity
€7.60M ▼ 3.5%
Debt
€1.26M ▲ 407%
Debt's share of the balance-sheet total rises from 3.1% to 14.2%. Equity is lower and debt is higher.
Key figures and ratios
ROE
13.7%▼
2024 · 19.3%
ROA
11.7%▼
2024 · 18.7%
Debt ≤ 1 year
€1.26M▲
2024 · €249k
Income taxes
€652k▼
2024 · €892k
Staff costs
€59k▲
2024 · €57k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.12M€8.86M▲
Fixed assets21/28€2.56M€4.02M▲
Tangible fixed assets22/27€2.56M€4.02M▲
Land and buildings22€2.48M€3.95M▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€73k€63k▼
Financial fixed assets28€0-
Current assets29/58€5.56M€4.84M▼
Amounts receivable after more than one year29€1.68M€770k▼
Other amounts receivable291€1.68M€770k▼
Amounts receivable within one year40/41€244k€245k▲
Trade receivables40€240k€242k▲
Other amounts receivable41€3k€3k=
Current investments50/53€3.39M€3.47M▲
Cash at bank and in hand54/58€176k€235k▲
Deferred charges and accrued income490/1€79k€124k▲
Equity and liabilities
Total equity and liabilities10/49€8.12M€8.86M▲
Equity10/15€7.87M€7.60M▼
Contributions10/11€244k€19k▼
Reserves13€3.38M€3.33M▼
Tax-exempt reserves132€19k€19k=
Distributable reserves133€3.36M€3.31M▼
Profit (loss) carried forward14€4.25M€4.25M=
Amounts payable17/49€249k€1.26M▲
Amounts payable within one year42/48€249k€1.26M▲
Trade debts44€16k€27k▲
Suppliers440/4€16k€27k▲
Taxes, remuneration and social security45€232k€197k▼
Taxes450/3€219k€181k▼
Remuneration and social security454/9€13k€16k▲
Other amounts payable47/48€949€1.04M▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€57k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€128k€203k▲
Other operating charges640/8€14k€70k▲
Gross operating margin9900€1.71M€1.45M▼
Operating profit (loss)9901€1.51M€1.12M▼
Financial income75/76B€1.41M€690k▼
Recurring financial income75€186k€690k▲
Non-recurring financial income76B€1.23M€0▼
Financial charges65/66B€517k€120k▼
Recurring financial charges65€517k€120k▼
Profit (loss) for the period before taxes9903€2.41M€1.69M▼
Income taxes67/77€892k€652k▼
Profit (loss) for the period9904€1.52M€1.04M▼
Profit (loss) for the period to be appropriated9905€1.52M€1.04M▼
Appropriation of the result
Profit (loss) to be appropriated9906€5.74M€5.29M▼
Profit (loss) brought forward from the previous period14P€4.22M€4.25M▲
Transfer from equity791/2-€1.09M
Transfer to equity691/2€1.49M€1.04M▼
To other reserves6921€1.49M€1.04M▼
Profit to be distributed694/7-€1.09M
Return on contributions (dividend)694-€1.09M
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (8 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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €2.99M ▲276%
Operating result €2.04M, net result €2.99M, both a record.
30-09
Financial
Liquidity times 7current ratio 17.36
Current ratio from 2.39 to 17.36; short-term debt falls from €670k to €222k.
30-09
Financial
Equity above €5MEq €6.35M ▲88.7%
5 profitable years in a row build equity to €6.35M.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Equity above €2MEq €2.61M ▲38.3%
3 profitable years in a row build equity to €2.61M.
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 38 days late
2019
31-12
Financial
Weakest financial yearnet €298k ▼15.1%
Net result drops to €298k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Show earlier events
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
20-07
State Gazette act
General meeting · Statutes amendment
Capital increase · Capital
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
28-09
State Gazette act
General meeting · Capital increase
Capital · Legal-form conversion
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-01
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2007
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.
Neerbroek 422070 Beveren-Kruibeke-ZwijndrechtGround area
1,952 m²
Building footprint
267 m²
Volume, LiDAR
1,679 m³
Parcel 11056B0929/00H000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Geldof Philippe
since 20072.161.422.789
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11056B0929/00H000 | Flanders | 1,952 m² | 1 · 267 m² | 10.0 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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
8 locations
Recognitions · licences · registrations
Legal Entity Identifier
8945009WAOAB5O1KLP77
Similar companies · same sector, comparable size
Rule
BE 0725.574.153
Beveren-Kruibeke-Zwijndrecht · Eq €7,590,827
GROUP CHRISTIAENS
BE 0886.321.860
Grimbergen · Eq €7,607,641
INPACS INVEST
BE 0803.695.676
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PROVEC
BE 0754.992.768
Gent · Eq €7,575,504
FD&L Real Estate
BE 0434.234.455
Geel · Eq €7,616,660
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 6,849 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2007
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:03/8211862