Summary
PHILCOR 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 €50k and a net result of €22k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 8048 sector peers (fiscal year 2025). The company has been active since 2009 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.
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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 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
56 d early
2023
55 d early
2022
49 d early
2021
34 d early
2020
26 d early
2019
38 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€50k▲ 77.0%
2024 · €28k
Net result
€22k▲ 1,641%
2024 · €1k
Total assets
€69k▲ 42.9%
2024 · €48k
Solvency
73.5%▲ 14.1pp
2024 · 59.3%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-10k€-3k▲ 65.6%€12k€4k▼ 69.6%€32k▲ 789%
Net result€-12k€-6k▲ 50.9%€8k€1k▼ 84.6%€22k▲ 1,641%
Equity€25k▼ 32.0%€19k▼ 23.1%€27k▲ 42.8%€28k▲ 4.6%€50k▲ 77.0%
Total assets€48k▼ 4.3%€36k▼ 26.0%€43k▲ 20.1%€48k▲ 12.0%€69k▲ 42.9%
Debt€23k▲ 67.5%€17k▼ 29.1%€16k▼ 5.9%€20k▲ 24.7%€18k▼ 6.7%
Working capital€25k▼ 32.0%€19k▼ 23.1%€27k▲ 42.8%€28k▲ 4.6%€50k▲ 77.0%
Solvency51.4%▼ 20.9pp53.4%▲ 2.0pp63.5%▲ 10.1pp59.3%▼ 4.2pp73.5%▲ 14.1pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 789% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €69k
Equity
€50k ▲ 77.0%
Debt
€18k ▼ 6.7%
Debt's share of the balance-sheet total falls from 40.7% to 26.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
43.5%▲
2024 · 4.4%
ROA
31.9%▲
2024 · 2.6%
Debt ≤ 1 year
€18k▼
2024 · €20k
Income taxes
€10k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €502 | €450 | €493 | €505 | €520 | ▲ 2.8% |
| Gross operating margin9900 | €-10k | €-3k | €12k | €4k | €32k | ▲ 692% |
| Operating profit (loss)9901 | €-10k | €-3k | €12k | €4k | €32k | ▲ 789% |
| Financial income75/76B | - | - | - | €12 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €12 | €0 | ▼ 100% |
| Financial charges65/66B | €1k | €2k | €180 | €180 | €212 | ▲ 17.7% |
| Recurring financial charges65 | €1k | €2k | €180 | €180 | €212 | ▲ 17.7% |
| Profit (loss) for the period before taxes9903 | €-11k | €-5k | €12k | €3k | €32k | ▲ 827% |
| Income taxes67/77 | €368 | €600 | €4k | €2k | €10k | ▲ 354% |
| Profit (loss) for the period9904 | €-12k | €-6k | €8k | €1k | €22k | ▲ 1,641% |
| Profit (loss) for the period to be appropriated9905 | €-12k | €-6k | €8k | €1k | €22k | ▲ 1,641% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48k | €36k | €43k | €48k | €69k | ▲ 42.9% |
| Current assets29/58 | €48k | €36k | €43k | €48k | €69k | ▲ 42.9% |
| Amounts receivable within one year40/41 | €15k | €20k | €23k | €29k | €23k | ▼ 19.3% |
| Trade receivables40 | €15k | €20k | €23k | €25k | €23k | ▼ 8.4% |
| Other amounts receivable41 | €0 | - | €17 | €4k | €362 | ▼ 90.5% |
| Cash at bank and in hand54/58 | €24k | €5k | €12k | €9k | €35k | ▲ 296% |
| Deferred charges and accrued income490/1 | €10k | €10k | €8k | €10k | €10k | ▲ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48k | €36k | €43k | €48k | €69k | ▲ 42.9% |
| Equity10/15 | €25k | €19k | €27k | €28k | €50k | ▲ 77.0% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €19k | €13k | €21k | €22k | €44k | ▲ 98.4% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €17k | €11k | €21k | €22k | €44k | ▲ 98.4% |
| Amounts payable17/49 | €23k | €17k | €16k | €20k | €18k | ▼ 6.7% |
| Amounts payable within one year42/48 | €23k | €17k | €16k | €20k | €18k | ▼ 6.7% |
| Financial debts43 | €112 | €50 | €0 | €115 | €0 | ▼ 100% |
| Credit institutions430/8 | €112 | €50 | €0 | €115 | €0 | ▼ 100% |
| Trade debts44 | €10k | €4k | €3k | €6k | €6k | ▲ 5.5% |
| Suppliers440/4 | €10k | €4k | €3k | €6k | €6k | ▲ 5.5% |
| Taxes, remuneration and social security45 | €9k | €10k | €7k | €6k | €9k | ▲ 37.1% |
| Taxes450/3 | €5k | €7k | €7k | €6k | €9k | ▲ 37.1% |
| Remuneration and social security454/9 | €3k | €3k | €0 | - | - | - |
| Other amounts payable47/48 | €4k | €3k | €6k | €7k | €3k | ▼ 55.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-12k | €-6k | €8k | €1k | €22k | ▲ 1,641% |
| Operating cash flow (approximation) | €-12k | €-6k | €8k | €1k | €22k | ▲ 1,641% |
| Change in cash | - | €-18k | €7k | €-3k | €26k | ▲ 870% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €22k ▲1,641%
Operating result €32k, net result €22k, both a record.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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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, Kapellen · 1 establishment unit since 2009
Ground area
3,034 m²
Building footprint
261 m²
Volume, LiDAR
1,137 m³
Parcel 11362M0184/00H003, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Kraaienheuvel 6, 2950 Kapellen
since 20092.179.711.546
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362M0184/00H003 | Flanders | 3,034 m² | 1 · 261 m² | 8.1 m · 1 fl. |
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.
Similar companies · same sector, comparable size
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 10,435 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-07-2009
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.