PHIL CAR
ActiveSummary
PHIL CAR has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €135,325 and a net result of €62,753. Equity is growing by ~28.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Overview
What they do
Bodywork repair (including spraying and painting)
NACE 95314NACE 45204
#8 company by equity in Manage, Other services sector1 site
How big
€241,121total assets 2024
- Staff
- 2 FTE
- Equity
- €135,325
- Profit
- €62,753
Turnover not published (abridged schema)
Who decides
Accounts 39 d early0 of 2 deeds read
Why 89- Higher-failure-rate region+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+11
Solvency81=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 2.3 against 1.84 in 2023; short-term debt: 25.6% and cash: 48.3% of total assets), and 43.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
39 d early
2024
104 d early
2023
55 d early
2022
21 d early
2021
24 d late
2020
100 d early
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 44 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 June (4 of the last 5 filed years within 63 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2018net €62,753 ▲170%
Financials
Fiscal year 2024Total assets €241,121Profit €62,753Solvency 56.1%Liquidity 2.30
Total assets
€241,121▲ 66.0%
2018 - 2024
Net result
€62,753▲ 170%
2018 - 2024
Equity
€135,325▲ 65.0%
2018 - 2024
Staff (FTE)
2▲ 5.3%
2018 - 2024
Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
In the rankings
#8 company by equity in Manage, Other services sector#10 company by total assets in Manage, Other services sector
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€46,296▲ 60.8%€17,339▼ 62.5%€435▼ 97.5%€32,493▲ 7,377%€78,828▲ 143%
Net result€39,299above the sector's middle half▲ 58.4%€12,750within the sector's middle half▼ 67.6%-€1,131within the sector's middle half€23,209within the sector's middle half€62,753above the sector's middle half▲ 170%
Equity€58,339within the sector's middle half▲ 116%€70,289within the sector's middle half▲ 20.5%€67,558within the sector's middle half▼ 3.9%€82,022within the sector's middle half▲ 21.4%€135,325above the sector's middle half▲ 65.0%
Total assets€123,040within the sector's middle half▲ 63.5%€116,582within the sector's middle half▼ 5.2%€132,709within the sector's middle half▲ 13.8%€145,282within the sector's middle half▲ 9.5%€241,121within the sector's middle half▲ 66.0%
Debt€64,701▲ 34.2%€46,293▼ 28.5%€65,152▲ 40.7%€63,260▼ 2.9%€105,795▲ 67.2%
Working capital€11,702within the sector's middle half€22,987within the sector's middle half▲ 96.4%€25,476within the sector's middle half▲ 10.8%€41,807within the sector's middle half▲ 64.1%€80,172within the sector's middle half▲ 91.8%
Solvency47.4%within the sector's middle half▲ 11.5pp60.3%within the sector's middle half▲ 12.9pp50.9%within the sector's middle half▼ 9.4pp56.5%within the sector's middle half▲ 5.6pp56.1%within the sector's middle half▼ 0.3pp
Current ratio1.31within the sector's middle half▲ 0.371.77within the sector's middle half▲ 0.461.59within the sector's middle half▼ 0.191.84within the sector's middle half▲ 0.262.30within the sector's middle half▲ 0.45
Return on assets (ROA)31.9%above the sector's middle half▼ 1.0pp10.9%within the sector's middle half▼ 21.0pp-0.9%within the sector's middle half▼ 11.8pp16.0%above the sector's middle half▲ 16.8pp26.0%above the sector's middle half▲ 10.1pp
Staff (FTE)2.3within the sector's middle half▲ 15.0%3▲ 30.4%2.9▼ 3.3%1.9▼ 34.5%2▲ 5.3%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 143% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €241,121
Fixed assets
€99,196 ▲ 83.8%
Current assets
€141,925 ▲ 55.4%
Equity and liabilities €241,121
Equity
€135,325 ▲ 65.0%
Debt
€105,795 ▲ 67.2%
Debt's share of the balance-sheet total rises from 43.5% to 43.9%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€102,744▲
2023 · €52,905
Cash flow
€86,669▲
2023 · €43,622
Quick ratio
2.28▲
2023 · 1.82
Debt to equity
0.78▲
2023 · 0.77
ROE
46.4%▲
2023 · 28.3%
Interest coverage
45.47▼
2023 · 55.34
Debt ≤ 1 year
€61,753▲
2023 · €49,502
Debt > 1 year
€44,040▲
2023 · €13,206
Income taxes
€13,839▲
2023 · €8,348
Staff costs
€102,757▲
2023 · €77,858
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,328 | - |
| Remuneration, social security and pensions62 | - | €58,140 | €81,373 | €77,858 | €102,757 | ▲ 32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,271 | €18,100 | €15,886 | €20,412 | €23,915 | ▲ 17.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €5,502 | -€1,984 | ▼ 136% |
| Other operating charges640/8 | - | €2,183 | €1,281 | €2,461 | €4,312 | ▲ 75.2% |
| Gross operating margin9900 | €109,331 | €95,763 | €98,974 | €138,726 | €207,829 | ▲ 49.8% |
| Operating profit (loss)9901 | €46,296 | €17,339 | €435 | €32,493 | €78,828 | ▲ 143% |
| Financial income75/76B | - | €5 | €1 | €21 | €23 | ▲ 7.9% |
| Recurring financial income75 | €36 | €5 | €1 | €21 | €23 | ▲ 7.9% |
| Financial charges65/66B | - | €984 | €889 | €956 | €2,259 | ▲ 136% |
| Recurring financial charges65 | €966 | €984 | €889 | €956 | €2,259 | ▲ 136% |
| Profit (loss) for the period before taxes9903 | €45,366 | €16,360 | -€453 | €31,558 | €76,592 | ▲ 143% |
| Income taxes67/77 | €6,067 | €3,610 | €678 | €8,348 | €13,839 | ▲ 65.8% |
| Profit (loss) for the period9904 | €39,299 | €12,750 | -€1,131 | €23,209 | €62,753 | ▲ 170% |
| Profit (loss) for the period to be appropriated9905 | €39,299 | €12,750 | -€1,131 | €23,209 | €62,753 | ▲ 170% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €123,040 | €116,582 | €132,709 | €145,282 | €241,121 | ▲ 66.0% |
| Fixed assets21/28 | €73,607 | €63,922 | €63,721 | €53,973 | €99,196 | ▲ 83.8% |
| Intangible fixed assets21 | €24,000 | €20,000 | €16,000 | €12,000 | €8,000 | ▼ 33.3% |
| Tangible fixed assets22/27 | €46,238 | €40,557 | €44,356 | €38,603 | €87,810 | ▲ 127% |
| Plant, machinery and equipment23 | - | €6,975 | €10,012 | €8,553 | €12,429 | ▲ 45.3% |
| Furniture and vehicles24 | - | €33,582 | €34,344 | €30,050 | €75,382 | ▲ 151% |
| Financial fixed assets28 | €3,369 | €3,365 | €3,365 | €3,370 | €3,386 | ▲ 0.5% |
| Current assets29/58 | €49,432 | €52,660 | €68,988 | €91,308 | €141,925 | ▲ 55.4% |
| Stocks and contracts in progress3 | €2,733 | €1,255 | €4,412 | €1,122 | €1,089 | ▼ 2.9% |
| Stocks30/36 | - | €1,255 | €4,412 | €1,122 | €1,089 | ▼ 2.9% |
| Amounts receivable within one year40/41 | €8,376 | €18,866 | €25,912 | €11,581 | €15,041 | ▲ 29.9% |
| Trade receivables40 | - | €11,332 | €15,888 | €3,032 | €1,630 | ▼ 46.2% |
| Other amounts receivable41 | - | €7,534 | €10,025 | €8,549 | €13,411 | ▲ 56.9% |
| Cash at bank and in hand54/58 | €34,618 | €29,181 | €33,070 | €74,806 | €116,385 | ▲ 55.6% |
| Deferred charges and accrued income490/1 | - | €3,358 | €5,593 | €3,801 | €9,409 | ▲ 148% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €123,040 | €116,582 | €132,709 | €145,282 | €241,121 | ▲ 66.0% |
| Equity10/15 | €58,339 | €70,289 | €67,558 | €82,022 | €135,325 | ▲ 65.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €422 | €422 | €422 | €23,422 | €116,725 | ▲ 398% |
| Non-distributable reserves130/1 | - | €422 | €422 | - | - | - |
| Reserves not available under the articles1311 | - | €422 | €422 | - | - | - |
| Distributable reserves133 | - | - | - | €23,422 | €116,725 | ▲ 398% |
| Profit (loss) carried forward14 | €39,317 | €51,267 | €48,536 | €40,000 | - | - |
| Amounts payable17/49 | €64,701 | €46,293 | €65,152 | €63,260 | €105,795 | ▲ 67.2% |
| Amounts payable after more than one year17 | €26,970 | €16,344 | €21,364 | €13,206 | €44,040 | ▲ 233% |
| Financial debts170/4 | - | €16,344 | €21,364 | €13,206 | €44,040 | ▲ 233% |
| Amounts payable within one year42/48 | €37,731 | €29,673 | €43,512 | €49,502 | €61,753 | ▲ 24.7% |
| Current portion of amounts payable after more than one year42 | - | €10,626 | €10,880 | €8,158 | €16,570 | ▲ 103% |
| Trade debts44 | €5,422 | €4,443 | €7,670 | €5,667 | €10,620 | ▲ 87.4% |
| Suppliers440/4 | - | €4,443 | €7,670 | €5,667 | €10,620 | ▲ 87.4% |
| Advances received on contracts in progress46 | - | - | €2,900 | €2,000 | - | - |
| Taxes, remuneration and social security45 | - | €11,877 | €17,086 | €24,870 | €18,971 | ▼ 23.7% |
| Taxes450/3 | - | €4,421 | €2,509 | €8,863 | €2,398 | ▼ 72.9% |
| Remuneration and social security454/9 | - | €7,457 | €14,577 | €16,006 | €16,572 | ▲ 3.5% |
| Other amounts payable47/48 | - | €2,727 | €4,977 | €8,807 | €15,591 | ▲ 77.0% |
| Accrued charges and deferred income492/3 | - | €275 | €275 | €552 | €3 | ▼ 99.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,299 | €12,750 | -€1,131 | €23,209 | €62,753 | ▲ 170% |
| + Depreciation and write-downs630 | €12,271 | €18,100 | €15,886 | €20,412 | €23,915 | ▲ 17.2% |
| Operating cash flow (approximation) | €51,571 | €30,850 | €14,755 | €43,622 | €86,669 | ▲ 98.7% |
| Investment in fixed assets (approximation) | - | -€8,414 | -€15,685 | -€10,665 | -€69,138 | ▼ 548% |
| Change in cash | - | -€5,437 | €3,890 | €41,735 | €41,580 | ▼ 0.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
VERHEES
BE 0430.008.918
Mol · Eq €135,855
Smart Car Repair Aalst
BE 0448.563.533
Aalst · Eq €134,736
CARROSSERIE DU CHATEAU
BE 0444.582.969
Braine-le-Comte · Eq €136,036
CARROSSERIE MINEUR
BE 0831.010.579
Walcourt · Eq €134,568
SEGHERS CARROSSERIE & BANDEN
BE 0687.514.917
Kapelle-op-den-Bos · Eq €134,046
Of 1,877 companies in this sector we hold annual accounts for 849. 704 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 22-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €62,753 ▲170%
Operating result €78,828, net result €62,753, both a record.
31-12
Financial
Equity above €100,000Eq €135,325 ▲65%
2 profitable years in a row build equity to €135,325.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €23,209
Net result €23,209 after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €24,803
Net result €24,803 after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Company details
Private limited company · founded 01-07-2016Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded01-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
95314Bodywork repair (including spraying and painting)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0657942486
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Manage · 1 establishment unit since 2016
Ground area
389 m²
Building footprint
81 m²
Parcel 52006A0369/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
PHIL CAR
since 2016unit no. 2.254.409.068
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52006A0369/00L000 | Wallonia | 389 m² | 1 · 81 m² | - |
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.
Go further with this company
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