PhilElia
ActivePhilElia has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €721k and a net result of €-28k. Equity is shrinking by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability64=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.22 in 2023; short-term debt: 11% and cash: 3.4% of total assets), and 11% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
89%
Return on assets
-3.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
30 d late
2022
66 d late
2021
11 d late
2020
58 d early
2019
83 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, unclassified schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-28k▲ 22.6%
2023 · €-36k
2018: €68k
2019: €83k
2020: €76k
2021: €-43k
2022: €-84k
2023: €-36k
2018 → 2024
Working capital
€-53k▲ 39.9%
2023 · €-88k
2018: €379k
2019: €485k
2020: €454k
2021: €87k
2022: €54k
2023: €-88k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€914k-€871k▼ 4.8%€786k▼ 9.7%€749k▼ 4.6%€721k▼ 3.8%
Operating result€107k-€-41k€-43k▼ 3.1%€-30k▲ 28.5%€-28k▲ 7.3%
Net result€76k-€-43k€-84k▼ 94.8%€-36k▲ 57.4%€-28k▲ 22.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28k in 2024 against €30k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €810k
Fixed assets
€774k▼ 7.5%
Current assets
€36k▲ 43.1%
Equity and liabilities €810k
Equity
€721k▼ 3.8%
Debt
€89k▼ 21.2%
The debt ratio falls from 13.1% to 11.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€35k▲
2023 · €29k
Cash flow
€35k▲
2023 · €23k
Solvency
89.0%▲
2023 · 86.9%
Current ratio
0.41▲
2023 · 0.22
Quick ratio
0.40▲
2023 · 0.20
Debt / equity
0.12▼
2023 · 0.15
ROE
-3.9%▲
2023 · -4.8%
ROA
-3.4%▲
2023 · -4.2%
Interest coverage
902.06▲
2023 · 147.39
Debt
€89k▼
2023 · €113k
Debt ≤ 1 year
€89k▼
2023 · €113k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€862k€810k▼
Fixed assets21/28€837k€774k▼
Tangible fixed assets22/27€837k€774k▼
Land and buildings22€752k€703k▼
Plant, machinery and equipment23€85k€71k▼
Furniture and vehicles24€0€0=
Current assets29/58€25k€36k▲
Stocks and contracts in progress3€3k€1k▼
Stocks30/36€3k€1k▼
Amounts receivable within one year40/41€5k€5k▼
Trade receivables40€5k€5k▼
Other amounts receivable41-€146
Cash at bank and in hand54/58€14k€27k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€862k€810k▼
Equity10/15€749k€721k▼
Contributions10/11€357k€357k=
Reserves13€389k€364k▼
Non-distributable reserves130/1€36k€36k=
Reserves not available under the articles1311€36k€36k=
Tax-exempt reserves132€25k-
Distributable reserves133€328k€328k=
Profit (loss) carried forward14€2k€-702▼
Investment grants15€2k€2k▼
Amounts payable17/49€113k€89k▼
Amounts payable within one year42/48€113k€89k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€20k-
Taxes450/3€20k-
Other amounts payable47/48€91k€87k▼
Income statement
Code20232024
Non-recurring operating income76A€7k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€63k▲
Other operating charges640/8€7k€9k▲
Gross operating margin9900€35k€44k▲
Operating profit (loss)9901€-30k€-28k▲
Financial income75/76B€1k€450▼
Recurring financial income75€1k€450▼
Financial charges65/66B€196€38▼
Recurring financial charges65€196€38▼
Profit (loss) for the period before taxes9903€-29k€-28k▲
Income taxes67/77€7k-
Profit (loss) for the period9904€-36k€-28k▲
Transfer from tax-exempt reserves789€25k€25k=
Profit (loss) for the period to be appropriated9905€-11k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-702▼
Profit (loss) brought forward from the previous period14P€13k€2k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 30 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 66 days late
2022
31-12
Financial
Weakest financial yearnet €-84k
Net result drops to €-84k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 11 days late
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
09-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €83k ▲22.5%
Operating result €120k, net result €83k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 17.10
Current ratio from 5.62 to 17.10; short-term debt falls from €82k to €30k.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Amel · 1 establishment unit since 2000
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.
Halenfeld,Auf dem Hütel 384770 Amel1 establishment unit
Halenfeld,Auf dem Hütel 38, 4770 Amel
since 20002.231.579.030
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,469 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2000
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:tapschmitzn@hotmail.com
Phone:080/349.268