Financials
- Financial year
- 2025
- Total assets
- €9,839
- Loss
- -€1,231
- Solvency
- -31.5%
PHILEAU
ActiveSummary
PHILEAU has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3,099) and a net result of -€1,231. Equity is shrinking by about 54% per year across the filed financial years. Its solvency ranks better than 5% of 34,807 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
≈ €20,000turnover 2025, estimated
- Equity
- -€3,099
- Loss
- -€1,231
Turnover estimated from the gross margin
Structure
- VLAMINCK Mathieu Carl FrançoisDirector
- VLAMINCK Philippe Charles GérardDirector
2025 accounts filed 28 days late1 of 3 deeds summarised
Why 53raises riskCapped at 59: negative equityNegative equity -€3,099Loss of €1,231, the second in a row (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €9,839Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 11% of its sector peers (NACE 43, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
0-9
equity -31.5% of total assets
Liquidity
20+16
short-term debt 131.5% · cash 15.9%
Profitability
49+49
return on assets -12.5%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%
12-2024: 1.2%● unchanged vs 11-2024
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.3%▲ +0.1 percentage points vs 03-2025
05-2025: 1.4%▲ +0.1 percentage points vs 04-2025
06-2025: 1.3%▼ -0.1 percentage points vs 05-2025
07-2025: 1.6%▲ +0.3 percentage points vs 06-2025
08-2025: 2.2%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 2.2%● unchanged vs 08-2025highest value
10-2025: 2.2%● unchanged vs 09-2025highest value
11-2025: 2.2%● unchanged vs 10-2025highest value
12-2025: 2.2%● unchanged vs 11-2025highest value
01-2026: 1.1%▼ -1.1 percentage points vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.0%▼ -0.1 percentage points vs 04-2026
06-2026: 1.1%▲ +0.1 percentage points vs 05-2026
07-2026: 1.2%▲ +0.1 percentage points vs 06-2026
08-2026: 1.6%▲ +0.4 percentage points vs 07-2026
09-2026: 0.9%▼ -0.7 percentage points vs 08-2026lowest value
10-2026: 0.9%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.24, compared with 0.19 in 2024, below 1; short-term debt: 131.5% and cash: 15.9% of total assets), and equity is negative.
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 43, micro): better than 3% on solvency, 11% on liquidity, 23% on profitability and 7% on growth.
The bankruptcy probability was computed on 30-10-2026 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
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€3,099
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
29 days early
2023
30 days early
2022
12 days early
2021
24 days late
2020
16 days late
2019
39 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Board & ownership
- Board
- 2 members
- VLAMINCK Mathieu Carl FrançoisDirector
- VLAMINCK Philippe Charles GérardDirector
Timeline
- Events
- 22
- Since
- 2008
- Next accounts
- by 31-07-2027
- 28-12-2023Resignations: VLAMINCK Mathieu Carl François (manager) and…
- 19-07-2023Annual accounts filed
- 24-08-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 16-04-2007
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 25
- Annual meeting
- Second Monday of June at 11:00
- Purpose
- “Tous travaux d’électricité générale,de plomberie,d’installation de gaz,de chauffage…” (deed in French)
Key facts about PHILEAU
- What is the company number of PHILEAU?
- 0888.918.292. In Belgium the VAT number is the company number with BE in front: BE 0888.918.292.
- Where is PHILEAU based?
- The registered office is at Rue Vallée Bailly 128, 1420 Braine-l'Alleud.Company details
- What does PHILEAU do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of PHILEAU?
- Private limited company (BV).
- When was PHILEAU founded?
- On 16-04-2007.
- Is PHILEAU still active?
- Yes, PHILEAU is an active enterprise in the KBO register.
- What is the turnover of PHILEAU?
- €30,593 in financial year 2021, according to the filed annual accounts.Financials
- Is PHILEAU profitable?
- In financial year 2025, PHILEAU made a loss of €1,231.
- Where can I find the annual accounts of PHILEAU?
- PHILEAU filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PHILEAU due?
- By 31-07-2027, for financial year 2026.Timeline
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