Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Philem is 6.2% (elevated). The 2024 annual accounts show negative equity (€-4k) and a net result of €-11k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Trust signals
3 signalsAdministrative Flags
0 eventsFinancials
Annual accounts & ratios
Source: NBB · 2024| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-11k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €364 |
| Dividends | - |
| Total assets | €14k |
| Equity | €-4k |
| Debt | €18k |
| of which ≤ 1y | €18k |
| of which > 1y | - |
| Working capital | €-4k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.78 |
| Quick ratio | 0.78 |
| Working capital ratio | -28.7% |
| Solvency | -28.7% |
| Debt / equity | -4.49 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -74.1% |
| ROE | 258.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €14k |
| Current assets | 29/58 | €14k |
| Amounts receivable within one year | 40/41 | €14k |
| Cash & bank | 54/58 | €11 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €14k |
| Equity | 10/15 | €-4k |
| Contributions / capital | 10/11 | €7k |
| Accumulated profits (losses) | 14 | €-11k |
| Amounts payable | 17/49 | €18k |
| Amounts payable within one year | 42/48 | €18k |
| Trade debts payable within one year | 44 | €569 |
| Income statement | ||
| Gross operating margin | 9900 | €-4k |
| Operating result | 9901 | €-5k |
| Financial income | 75 | €3 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €-10k |
| Income taxes | 67/77 | €364 |
| Net result for the period | 9904 | €-11k |
| Result to be appropriated | 9905 | €-11k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Structure & network
Locations & real estate
Establishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040A0001/00K097 | Flanders | 2,402 m² | 1 · 109 m² | 22.3 m · 4 fl. |
Analysis
Snowflake analysis
financial profile on 5 axesMixed profile: strong on profitability, weaker on health.
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Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | Philem |