PHILD
ActiveSummary
PHILD has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €4,503 and a net result of €967. Equity is shrinking by about 6.6% per year across the filed financial years. Its solvency ranks better than 81% of 980 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €4,503
- Profit
- €967
Why 97lowers riskLiquidity: current ratio 5.66, cash €3,818Sector: Activities of head offices; management consultancy activities (NACE 70)Equity €4,503 (87.0% of total assets)Figures for financial year 2026 (filed 18-09-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 86% on solvency, 92% on liquidity, 62% on profitability and 71% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 34 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · micro…
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €1,662
Financials · financial year 2026, micro format
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result falls in 2026; 2026 is 29% below 2025.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 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% | 0.9% |
| 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 74.5% 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 34,693 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,583 | €1,645 | €2,672 | €2,083 | €1,690 | €661 | - | €264 | - |
| Other operating charges640/8 | - | - | - | €348 | €348 | €385 | €387 | €400 | ▲ 3.4% |
| Gross operating margin9900 | €3,309 | €2,985 | €4,349 | €2,870 | -€1,394 | €206 | €2,417 | €2,106 | ▼ 12.9% |
| Operating profit (loss)9901 | €1,378 | €992 | €1,191 | €439 | -€3,432 | -€840 | €2,030 | €1,442 | ▼ 29.0% |
| Financial charges65/66B | - | - | - | €39 | €39 | €39 | €41 | €57 | ▲ 39.0% |
| Recurring financial charges65 | €37 | €61 | €42 | €39 | €39 | €39 | €41 | €57 | ▲ 39.0% |
| Profit (loss) for the period before taxes9903 | €1,341 | €931 | €1,149 | €400 | -€3,471 | -€879 | €1,989 | €1,385 | ▼ 30.4% |
| Income taxes67/77 | - | €728 | - | €677 | - | - | €327 | €418 | ▲ 27.8% |
| Profit (loss) for the period9904 | €1,341 | €203 | €1,149 | -€277 | -€3,471 | -€879 | €1,662 | €967 | ▼ 41.8% |
| Profit (loss) for the period to be appropriated9905 | €1,341 | €203 | €1,149 | -€277 | -€3,471 | -€879 | €1,662 | €967 | ▼ 41.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €15,029 | €12,711 | €10,018 | €7,227 | €2,945 | €2,248 | €4,238 | €5,177 | ▲ 22.2% |
| Fixed assets21/28 | €3,087 | €2,038 | €4,934 | €2,851 | €1,161 | €500 | €500 | €1,359 | ▲ 172% |
| Tangible fixed assets22/27 | €2,502 | €2,038 | €4,434 | €2,351 | €661 | - | - | €859 | - |
| Furniture and vehicles24 | - | - | - | €2,351 | €661 | - | - | €859 | - |
| Financial fixed assets28 | €585 | - | €500 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €11,942 | €10,673 | €5,084 | €4,376 | €1,784 | €1,748 | €3,738 | €3,818 | ▲ 2.1% |
| Amounts receivable within one year40/41 | - | - | €151 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €11,942 | €10,673 | €4,933 | €4,376 | €1,784 | €1,748 | €3,738 | €3,818 | ▲ 2.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €15,029 | €12,711 | €10,018 | €7,227 | €2,945 | €2,248 | €4,238 | €5,177 | ▲ 22.2% |
| Equity10/15 | €5,149 | €5,352 | €6,501 | €6,224 | €2,753 | €1,874 | €3,536 | €4,503 | ▲ 27.3% |
| Contributions10/11 | €18,600 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €1,860 | - | - | - |
| Profit (loss) carried forward14 | -€15,311 | -€15,108 | -€13,959 | -€14,236 | -€17,707 | -€18,586 | -€15,064 | -€14,097 | ▲ 6.4% |
| Amounts payable17/49 | €9,880 | €7,359 | €3,517 | €1,003 | €192 | €374 | €702 | €674 | ▼ 4.0% |
| Amounts payable within one year42/48 | €9,880 | €7,359 | €3,517 | €1,003 | €192 | €374 | €702 | €674 | ▼ 4.0% |
| Trade debts44 | €2,318 | €5,059 | €3,517 | €23 | €47 | €117 | €111 | €86 | ▼ 22.5% |
| Suppliers440/4 | - | - | - | €23 | €47 | €117 | €111 | €86 | ▼ 22.5% |
| Taxes, remuneration and social security45 | - | - | - | €980 | €145 | €257 | €591 | €588 | ▼ 0.5% |
| Taxes450/3 | - | - | - | €980 | €145 | €257 | €591 | €588 | ▼ 0.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,341 | €203 | €1,149 | -€277 | -€3,471 | -€879 | €1,662 | €967 | ▼ 41.8% |
| + Depreciation and write-downs630 | €1,583 | €1,645 | €2,672 | €2,083 | €1,690 | €661 | - | €264 | - |
| Operating cash flow (approximation) | €2,924 | €1,848 | €3,821 | €1,806 | -€1,781 | -€218 | €1,662 | €1,231 | ▼ 25.9% |
| Investment in fixed assets (approximation) | - | -€596 | -€5,568 | €0 | €0 | €0 | €0 | -€1,123 | - |
| Change in cash | - | -€1,269 | -€5,740 | -€557 | -€2,592 | -€36 | €1,990 | €80 | ▼ 96.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | micro format | 18-09-2026 | 2026-00515762 |
| 31-03-2025 | micro format | 29-09-2025 | 2025-00509464 |
| 31-03-2024 | micro format | 30-09-2024 | 2024-00478481 |
| 31-03-2023 | micro format | 21-09-2023 | 2023-00450041 |
| 31-03-2022 | micro format | 03-10-2022 | 2022-20446329 |
| 31-03-2021 | micro format | 27-09-2021 | 2021-68500335 |
| 31-03-2020 | micro format | 28-09-2020 | 2020-56100003 |
| 31-03-2019 | full format | 23-09-2019 | 2019-65200214 |
| 31-03-2018 | full format | 01-10-2018 | 2018-67000428 |
| 31-03-2017 | full format | 21-09-2017 | 2017-61800215 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DEFREYN Philippe |
|
| LANGENAEKEN Johnny |
|
Owners and capital
Capital and shareholders
- 25-01-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
25-01
Gazette deed
Resignation: LANGENAEKEN Johnny (manager)Appointment: DEFREYN Philippe (director) · Director discharge · Board rule9 facts ▸
- Director resignation, LANGENAEKEN Johnny (manager)
- Director discharge, LANGENAEKEN Johnny
- Board rule, 1
- Director appointment, DEFREYN Philippe (director (not named in the articles))
- Registered office clause, “unanimité, rue du Houblon,47/22,à 1000 Bruxelles” (deed in French)
- General meeting, 06-10-2023
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21811M0137/00G000 | Brussels | 3,297 m² | 1 · 1,837 m² | 21.0 m · 5 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PHILD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, Le siège est établi en Région de Bruxelles-Capitale.” (deed in French)“Région de Bruxelles Capitale, sièges administratifs,d'exploitation,agences et succursales en Belgique ou à l'étranger par simple décision de…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, titulaires peuvent prendre connaissance du registre relatif à leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cessions entre vifs modalisées et organisées,le cas échéant,préalablement à l’arrivée de nouveaux actionnaires et de modifications de…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of September at 20:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Les plus étendus conférés par articles 2:87. et suivants CSA, confirmation par Tribunal de l'Entreprise compétent” (deed in French)