PHILEAU
ActiveThe computed 12-month bankruptcy probability of PHILEAU is 1.6% (moderate). The 2025 annual accounts show negative equity (€-3k) and a net result of €-1k. Equity is shrinking by ~54% per year across the filed fiscal years. Its solvency ranks better than 5% of 27358 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency33=
Growth58=
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24 against 0.19 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-31.5%
Return on assets
-12.5%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€3k
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: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d early
2023
30 d early
2022
12 d early
2021
24 d late
2020
16 d late
2019
39 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€31k
EBIT margin
-12.9%
Net result
€-1k▲ 73.7%
2024 · €-5k
2018: €-10k
2019: €-11k
2020: €-6k
2021: €-5k
2022: €-7k
2023: €-3k
2024: €-5k
2018 → 2025
Working capital
€-10k▲ 11.7%
2024 · €-11k
2018: €34k
2019: €23k
2020: €17k
2021: €13k
2022: €6k
2023: €-9k
2024: €-11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€31k-
Equity€13k-€6k▼ 54.1%€3k▼ 51.6%€-2k€-3k▼ 65.8%
Operating result€-4k-€-6k▼ 59.2%€-3k▲ 59.2%€-4k▼ 73.4%€-943▲ 78.7%
Net result€-5k-€-7k▼ 51.5%€-3k▲ 56.3%€-5k▼ 56.4%€-1k▲ 73.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €943 in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10k
Fixed assets
€7k▼ 27.4%
Current assets
€3k▲ 20.7%
Key figures and ratios
EBITDA
€2k▲
2024 · €-2k
Cash flow
€1k▲
2024 · €-2k
Solvency
-31.5%▼
2024 · -15.8%
Current ratio
0.24▲
2024 · 0.19
Quick ratio
0.24▲
2024 · 0.19
Debt / equity
-4.17▲
2024 · -7.33
ROE
39.7%▼
2024 · 250.2%
ROA
-12.5%▲
2024 · -39.5%
Interest coverage
5.49▲
2024 · -7.93
Debt
€13k▼
2024 · €14k
Debt ≤ 1 year
€13k▼
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€12k€10k▼
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€9k€7k▼
Furniture and vehicles24€9k€7k▼
Financial fixed assets28€25€25=
Current assets29/58€3k€3k▲
Amounts receivable within one year40/41€2k€679▼
Trade receivables40€2k€679▼
Other amounts receivable41€351-
Cash at bank and in hand54/58€340€2k▲
Deferred charges and accrued income490/1€175€888▲
Equity and liabilities
Total equity and liabilities10/49€12k€10k▼
Equity10/15€-2k€-3k▼
Contributions10/11€19k€19k=
Reserves13€9k€9k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-29k€-31k▼
Amounts payable17/49€14k€13k▼
Amounts payable within one year42/48€14k€13k▼
Trade debts44€3k-
Suppliers440/4€3k-
Taxes, remuneration and social security45-€67
Taxes450/3-€67
Other amounts payable47/48€11k€13k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€778€829▲
Gross operating margin9900€-1k€2k▲
Operating profit (loss)9901€-4k€-943▲
Financial charges65/66B€241€288▲
Recurring financial charges65€241€288▲
Profit (loss) for the period before taxes9903€-5k€-1k▲
Profit (loss) for the period9904€-5k€-1k▲
Profit (loss) for the period to be appropriated9905€-5k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-31k▼
Profit (loss) brought forward from the previous period14P€-25k€-29k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Liquidity times 6current ratio 13.62
Current ratio from 2.30 to 13.62; short-term debt falls from €13k to €999.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
VLAMINCK Mathieu Carl François
CurrentDirector · since 28-12-2023
VLAMINCK Philippe Charles Gérard
CurrentDirector · since 28-12-2023
28-12-2023
VLAMINCK Mathieu Carl François: Appointed as Director
28-12-2023
VLAMINCK Philippe Charles Gérard: Appointed as Director
Location & real-estate footprint
Registered office, Braine-l'Alleud · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Vallée Bailly 1281420 Braine-l'AlleudGround area
1,452 m²
Building footprint
107 m²
Volume, LiDAR
769 m³
Parcel 25742A0038/00B002, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
phileau
since 20072.165.577.953
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25742A0038/00B002 | Wallonia | 1,452 m² | 1 · 107 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SANIDEC
BE 0899.605.120
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PENNYWORTH
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 2,396 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-04-2007
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:phileau@skynet.be