PHILCOTRANS
PHILCOTRANS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €496k and a net result of €153k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 59% of 37 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
| Equity | €496k |
| Net result | €153k |
| Staff (FTE) | 28.6 |
| Better than sector | 59% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 45.3% | 35.5% | |
| Net result | €153k | €44k | |
| Equity | €496k | €333k | |
| Total assets | €1.09M | €1.04M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | full schema | full schema | full schema |
| Revenue | €4.46M | €4.00M | €3.52M |
| EBITDA | €222k | €163k | €253k |
| Net profit | €153k | €87k | €165k |
| Cash flow | €157k | €96k | €174k |
| Staff costs | €1.85M | €1.89M | €1.74M |
| Income taxes | €62k | €63k | €75k |
| Dividends | €150k | €85k | €165k |
| Total assets | €1.09M | €975k | €1.07M |
| Equity | €496k | €493k | €491k |
| Debt | €599k | €482k | €581k |
| of which ≤ 1y | €599k | €481k | €575k |
| of which > 1y | - | - | €5k |
| Working capital | €496k | €490k | €484k |
| Employees (FTE) | 28.6 | 27.1 | 27.4 |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 1.83 | 2.02 | 1.84 |
| Quick ratio | 1.83 | 2.02 | 1.84 |
| Working capital ratio | 45.3% | 50.2% | 45.1% |
| Solvency | 45.3% | 50.6% | 45.8% |
| Debt / equity | 1.21 | 0.98 | 1.18 |
| Long-term debt ratio | - | - | 0.01 |
| Interest coverage | 146.66 | 72.93 | 137.57 |
| Gross margin | 90.8% | 90.2% | 90.3% |
| Net margin | 3.4% | 2.2% | 4.7% |
| ROA | 14.0% | 8.9% | 15.4% |
| ROE | 30.8% | 17.7% | 33.7% |
| EBITDA margin | 5.0% | 4.1% | 7.2% |
| Days sales outstanding | 43d | 59d | 60d |
| Days payable outstanding | 240d | 206d | 244d |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €1.09M | €975k | €1.07M |
| Fixed assets | 21/28 | - | €4k | €13k |
| Tangible fixed assets | 22/27 | - | €4k | €12k |
| Financial fixed assets | 28 | - | - | €565 |
| Current assets | 29/58 | €1.09M | €971k | €1.06M |
| Amounts receivable within one year | 40/41 | €663k | €778k | €687k |
| Cash & bank | 54/58 | €428k | €190k | €368k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.09M | €975k | €1.07M |
| Equity | 10/15 | €496k | €493k | €491k |
| Contributions / capital | 10/11 | €62k | €62k | €62k |
| Reserves | 13 | €427k | €427k | €427k |
| Accumulated profits (losses) | 14 | €7k | €4k | €2k |
| Amounts payable | 17/49 | €599k | €482k | €581k |
| Amounts payable after one year | 17 | - | - | €5k |
| Amounts payable within one year | 42/48 | €599k | €481k | €575k |
| Trade debts payable within one year | 44 | €269k | €221k | €229k |
| Income statement | ||||
| Turnover | 70 | €4.46M | €4.00M | €3.52M |
| Operating result | 9901 | €218k | €155k | €245k |
| Financial income | 75 | €0 | €135 | €81 |
| Financial charges | 65 | €4k | €5k | €4k |
| Result before taxes | 9903 | €215k | €150k | €240k |
| Income taxes | 67/77 | €62k | €63k | €75k |
| Net result for the period | 9904 | €153k | €87k | €165k |
| Result to be appropriated | 9905 | €153k | €87k | €165k |
| NACE primary | Freight transport by road(49410) |
| Legal form | Public limited company(014) |
| Incorporation | 04-02-1993 |
| Status | Active |
| Postal code | 2620 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11018B0152/00D003 | Flanders | 4.6 ha | 1 · 2,886 m² | 22.5 m · 5 fl. |
| 12342C0548/00G002 | Flanders | 4.3 ha | 1 · 5.9 ha | 29.2 m · 4 fl. |
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
29-11-2024 Geert Van Goolen appointed as statutory auditor
- Geert Van Goolen, Commissaris
Technical details
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"evidence_quote": "De algemene vergadering beslist om de besloten vennootschap AUDIT VAN GOOLEN (0801.670.554), met maatschappelijke zetei te Kerkstraat 152, 1851 Grimbergen, vertegenwoordigd door bedrijfsrevisor Geert Van Goolen, te benoemen als commissaris voor een periode van 3 jaar tot de Algemene Vergadering die ",
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}| Legal nameNL | PHILCOTRANS |