Equity
€73,222 from €255,696 in 2022
Equity fell by 71% in 3 years.
PHILBO
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €106,312 (2022)
€10,470▲ 623%
lowest -€80,893 (2024)
-€73,623▲ €7,270
peak €255,696 (2022)
€73,222▼ 50.1%
€270,337▼ 15.2%
peak 2.9 FTE (2022)
1 FTE▼ 56.5%
Board1 name since 2001
1 director
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €1,448 to €10,470Loss of €73,623Staff from 2.3 FTE to 1 FTEEquity from €146,845 to €73,222Debts from €318,877 to €270,337
Key points
from the 2025 annual accountsLosses
-€182,474 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€270,337 79% of the balance sheet
Financial debts 26%Suppliers 55%Taxes and wages 5%Other 13%
Of this, €194,787 falls due within a year.
Staff
2 employees on 31-12-2025
In 2025, nobody joined and 1 person left.
Filings
25 annual accounts since 2001
Seven of the last ten came late. The 2023 accounts came latest: 107 days after the end of the period.
Position in the sector
-€73,623
Lower net result than 91% of companies in retail trade. Sector median €38,016 · 13,231 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,221 companies had the same profile as PHILBO has now. Each dot stands for 4 companies, two years later.
88.6%
were still trading
7.4%
stopped another way
3.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,221 companies, not a prediction for PHILBO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474923480
Board meeting of 19-11-2020
Gazette deed
Registered office moved from Beigem to Viivoorde
New registered office: Jean Baptiste Nowélei 52-1800 Viivoorde · Previous registered office: Beigemsesteenweg 269/0001-1852 Beigem · General meeting of 01-03-2018 · Gazette deed
Registered office moved from Vilvoorde to Grimbergen
New registered office: Beigemsesteenweg 269 BUS 0001 te 1852 Grimbergen · Previous registered office: Nieuwe Rolleweg 73, 1800 Vilvoorde · General meeting of 26-01-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PHILBO Vilvoorde | €343,559 | €10,470 | 21.3% | 1 |
| D.C.S.-YPSILON Sint-Lievens-Houtem | €531,528 | €13,249 | 84.9% | 1.6 |
| EBA Westerlo | €319,457 | €23,740 | 97.1% | 0.6 |
| LIBRE INFO La Louvière | €296,431 | €8,623 | 32.1% | - |
| AKB invest Destelbergen | €291,780 | €13,478 | 93.1% | - |
| DAGBLADHANDEL UP 2 DATE Sint-Martens-Latem | €372,939 | €9,123 | 7.3% | - |
| A & D Mechelen | €294,686 | €14,247 | 94.9% | - |
These companies have the same main activity as PHILBO: retail sale of newspapers and periodicals (NACE 47621). They are comparable in size and age: total assets between €292,000 and €532,000, founded between 1987 and 2007.
Official details
Source: KBO- Status
- Active since 01-06-2001Normal situation
- Activity
- Retail sale of newspapers and periodicalsNACE 47621
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment unit
- 2.100.349.1161800 Vilvoorde, since 28-06-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 27-12-2025
Annual accounts 2025
- ≈ €77,000estimated
- €343,559▼ 26.2%
- Employeeson 31-12-2025
- 2▼ 33.3%
- Filing
- Filed on 31-08-2026
Insights on PHILBO
PHILBO files the abbreviated format. That format states no turnover. The gross margin fell from €67,484 in 2006 to €10,470 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PHILBO
- What is the company number of PHILBO?
- The company number of PHILBO is 0474.923.480. The VAT number is the same number with BE in front: BE 0474.923.480.
- Where is PHILBO based?
- The registered office is at Nowélei (Jean Baptiste) 52, 1800 Vilvoorde.Company details
- What does PHILBO do?
- According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
- What is the legal form of PHILBO?
- PHILBO is a private limited company (pre-2019) (BVBA).
- When was PHILBO founded?
- PHILBO was founded on 01-06-2001.
- Is PHILBO still active?
- Yes, PHILBO is an active enterprise in the KBO register.
- How many employees does PHILBO have?
- PHILBO had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PHILBO fall under?
- In its 2025 annual accounts, PHILBO states joint committee 201 (Independent retail).
- What is the turnover of PHILBO?
- The turnover in financial year 2025 is ≈ €77,000. This figure is estimated from the gross margin of €10,470 and 42 comparable companies (NACE 476). It probably lies between €40,000 and €170,000. It is a rough estimate.
- Is PHILBO profitable?
- In financial year 2025, PHILBO made a loss of €73,623.
- Where can I find the annual accounts of PHILBO?
- PHILBO filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PHILBO due?
- PHILBO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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