Equity
PHILECO has made a profit in every financial year since 2022.
PHILECO has made a profit in every financial year since 2022.
The micro format states no turnover.
Higher solvency than 91% of companies in real estate. Sector median 31.0% · 19,830 companies.
In July 2024, 39,326 companies had the same profile as PHILECO has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,326 companies, not a prediction for PHILECO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| PHILECO Esneux | €442,336 | €119,330 | 90.8% | - |
| BALAES IMMO Oreye | €450,889 | €109,546 | 80.8% | - |
| MYMINE Woluwe-Saint-Lambert | €492,248 | €113,272 | 97.2% | - |
| JLVM Liège | €598,815 | €88,502 | -2.5% | - |
| SHEREK INVEST Waremme | €295,656 | €104,817 | 70.9% | - |
| Demu Projects Eeklo | €410,147 | €100,428 | 85.7% | - |
| SBDJ Arlon | €526,672 | €106,732 | 72.3% | - |
These companies have the same main activity as PHILECO: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €296,000 and €599,000, founded between 2021 and 2023.
PHILECO files the micro format. That format states no turnover. The gross margin rose from €97,083 in 2022 to €119,330 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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