INSTITUUT PHILIPS
ActiveINSTITUUT PHILIPS has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-53k) and a net result of €-2k. Equity is shrinking by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 1043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.09 in 2024; short-term debt: 808.1% and cash: 85.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-708.1%
Return on assets
-26.6%
Age of the figures
15 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-53k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
10 d early
2023
5 d early
2022
1 d early
2021
10 d early
2020
2 d early
2019
43 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-53k▼ 3.9%
2024 · €-51k
2019: €-24k
2020: €-24k
2021: €-37k
2022: €-43k
2023: €-47k
2024: €-51k
2019 → 2025
Total assets
€8k▲ 43.2%
2024 · €5k
2019: €5k
2020: €12k
2021: €6k
2022: €5k
2023: €5k
2024: €5k
2019 → 2025
Net result
€-2k▲ 54.3%
2024 · €-4k
2019: €-3k
2020: €78
2021: €-13k
2022: €-6k
2023: €-4k
2024: €-4k
2019 → 2025
Working capital
€-53k▼ 6.1%
2024 · €-50k
2019: €-25k
2020: €-23k
2021: €-36k
2022: €-42k
2023: €-46k
2024: €-50k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-37k-€-43k▼ 17.1%€-47k▼ 8.2%€-51k▼ 9.3%€-53k▼ 3.9%
Operating result€-13k-€-6k▲ 51.0%€-4k▲ 42.2%€-4k▼ 18.7%€-2k▲ 54.9%
Net result€-13k-€-6k▲ 50.8%€-4k▲ 43.5%€-4k▼ 22.6%€-2k▲ 54.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8k
Fixed assets
€369=
Current assets
€7k▲ 46.4%
Key figures and ratios
Solvency
-708.1%▲
2024 · -975.7%
Current ratio
0.12▲
2024 · 0.09
Quick ratio
0.11▲
2024 · 0.07
Debt / equity
-1.14▼
2024 · -1.10
ROA
-26.6%▲
2024 · -83.4%
Debt
€61k▲
2024 · €56k
Debt ≤ 1 year
€61k▲
2024 · €55k
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€5k€8k▲
Fixed assets21/28€369€369=
Financial fixed assets28€369€369=
Current assets29/58€5k€7k▲
Stocks and contracts in progress3€938€531▼
Stocks30/36€938€531▼
Cash at bank and in hand54/58€4k€6k▲
Deferred charges and accrued income490/1€270€190▼
Equity and liabilities
Total equity and liabilities10/49€5k€8k▲
Equity10/15€-51k€-53k▼
Contributions10/11€10k€10k=
Reserves13€5k€5k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-66k€-68k▼
Amounts payable17/49€56k€61k▲
Amounts payable within one year42/48€55k€61k▲
Trade debts44€394€1k▲
Suppliers440/4€394€1k▲
Taxes, remuneration and social security45€145€355▲
Taxes450/3€145€355▲
Other amounts payable47/48€55k€59k▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Other operating charges640/8€699€787▲
Gross operating margin9900€-4k€-1k▲
Operating profit (loss)9901€-4k€-2k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€68€56▼
Recurring financial charges65€68€56▼
Profit (loss) for the period before taxes9903€-4k€-2k▲
Profit (loss) for the period9904€-4k€-2k▲
Profit (loss) for the period to be appropriated9905€-4k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€-68k▼
Profit (loss) brought forward from the previous period14P€-62k€-66k▼
The notes to these accounts (4 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
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet €-13k ▼16440%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Back to profitnet €78
Net result €78 after one loss-making year.
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
12-12
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.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 1979
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.
Vlaamsekunstlaan 352020 AntwerpenGround area
113 m²
Building footprint
102 m²
Volume, LiDAR
845 m³
Parcel 11809I2121/00M002, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vlaamsekunstlaan 35, 2020 Antwerpen
since 19792.016.434.911
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2121/00M002 | Flanders | 113 m² | 1 · 102 m² | 11.2 m · 3 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.
Similar companies · same sector and region
ATELIER 2020
BE 0759.873.254
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BE 0684.879.584
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HAIR STYLE BLADI
BE 0537.677.334
Antwerpen
HERS
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IRAZ
BE 1010.023.584
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 21,750 companies in sector 96210 we hold annual accounts for 2,832.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-07-1979
Fiscal year end30-06
Activities, NACEBEL
93021
96021Hairdressing
96210Hairdressing and barber services
46450Wholesale of perfume and cosmetics
46480Wholesale trade
47770Retail sale of watches and jewellery
51474
52484
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.