Phil & Concept
ActiveSummary
Phil & Concept has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €67k. Equity is growing by ~417.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+80
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.64 against 0.08 in 2024; short-term debt: 24.2% and cash: 59% of total assets), and 24.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.8%
Return on assets
78.5%
Age of the figures
9 mo
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 08-06-2026, 53 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
53 d early
2024
59 d early
2023
28 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€65k
2024 · €-1k
2023: €7k
2024: €-1k
2023 → 2025
Total assets
€85k▲ 175%
2024 · €31k
2023: €9k
2024: €31k
2023 → 2025
Net result
€67k
2024 · €-8k
2023: €-584
2024: €-8k
2023 → 2025
Working capital
€34k
2024 · €-30k
2023: €7k
2024: €-30k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€7k-€-1k€65k
Operating result€-384-€-8k▼ 1,982%€86k
Net result€-584-€-8k▼ 1,322%€67k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €86k after a loss of €8k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€31k ▲ 9.3%
Current assets
€54k ▲ 1,920%
Equity and liabilities €85k
Equity
€65k
Debt
€21k
Debt finances 24.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€95k▲
2024 · €-6k
Cash flow
€76k▲
2024 · €-6k
Current ratio
2.64▲
2024 · 0.08
Debt to equity
0.32▲
2024 · -23.07
ROE
103.5%
ROA
78.5%▲
2024 · -26.9%
Interest coverage
321.59▲
2024 · -22.72
Debt ≤ 1 year
€21k▼
2024 · €32k
Income taxes
€18k▲
2024 · €55
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€31k€85k▲
Fixed assets21/28€28k€31k▲
Tangible fixed assets22/27€27k€31k▲
Furniture and vehicles24€27k€31k▲
Financial fixed assets28€1k-
Current assets29/58€3k€54k▲
Amounts receivable within one year40/41€2k€4k▲
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€472€50k▲
Deferred charges and accrued income490/1-€273
Equity and liabilities
Total equity and liabilities10/49€31k€85k▲
Equity10/15€-1k€65k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-11k€55k▲
Amounts payable17/49€32k€21k▼
Amounts payable within one year42/48€32k€21k▼
Trade debts44€226€823▲
Suppliers440/4€226€823▲
Taxes, remuneration and social security45€55€8k▲
Taxes450/3€55€8k▲
Other amounts payable47/48€32k€12k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€9k▲
Other operating charges640/8€2k€526▼
Gross operating margin9900€-4k€95k▲
Operating profit (loss)9901€-8k€86k▲
Financial charges65/66B€243€295▲
Recurring financial charges65€243€295▲
Profit (loss) for the period before taxes9903€-8k€85k▲
Income taxes67/77€55€18k▲
Profit (loss) for the period9904€-8k€67k▲
Profit (loss) for the period to be appropriated9905€-8k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€55k▲
Profit (loss) brought forward from the previous period14P€-3k€-11k▼
Profit to be distributed694/7-€859
Return on contributions (dividend)694-€859
The notes to these accounts (7 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €67k
Net result €67k after 2 loss-making years.
31-12
Financial
Liquidity times 32current ratio 2.64
Current ratio from 0.08 to 2.64; short-term debt falls from €32k to €21k.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Oudergem · 1 establishment unit since 2021
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.
Charles Schallerlaan 10A/21160 OudergemGround area
188 m²
Building footprint
66 m²
Volume, LiDAR
498 m³
Parcel 21332C0017/00L020, Brussels · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Phil & Concept
since 20212.370.280.122
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332C0017/00L020 | Brussels | 188 m² | 1 · 66 m² | 11.3 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, comparable size
Pesto
BE 0462.472.244
Brecht · Eq €64,553
ANIXTON
BE 0880.036.656
Brussel · Eq €64,571
MaBrique
BE 0768.300.376
Liège · Eq €64,572
SCHMIDTIMMO
BE 0664.560.163
Sprimont · Eq €64,585
IMMO CASA
BE 0476.842.496
Ingelmunster · Eq €64,469
Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 5,031 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
Founded24-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
41001General construction of residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
68321Property management for co-owned buildings (syndics)
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.