Philéole
ActiveSummary
The annual accounts of Philéole for fiscal year 2024 show a net loss of 52% of total assets and of 371% of the equity at the start of that year. The 2024 annual accounts show equity of €32k and a net result of €-542k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 244 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency28▼-18
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 3.48 against 6.3 in 2023; short-term debt: 12.2% and cash: 2.9% of total assets), but 96.9% of the assets are financed with debt.
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Signals
Eight 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 72
Relative position
BE, all sectors
reference
Scientific research and development (NACE 72)
about 30% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
3.1%
Return on assets
-52.5%
Age of the figures
21 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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-542k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 244 sector peers (2024).
NBB · sector comparisonPosition among 244 sector peers
Solvency
better than 13%
← weakest
strongest →
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 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
19 d early
2022
on the day
2021
29 d late
2020
31 d late
2019
11 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-542k▼ 46.7%
2023 · €-369k
Working capital
€313k▲ 76.4%
2023 · €177k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-87k▼ 321%€-69k▲ 20.8%€-205k▼ 196%€-359k▼ 75.0%€-523k▼ 45.6%
Net result€-88k▼ 304%€-70k▲ 21.0%€-206k▼ 196%€-369k▼ 79.4%€-542k▼ 46.7%
Equity€148k▲ 71.7%€203k▲ 37.4%€-3k€146k€32k▼ 78.1%
Total assets€271k▲ 12.7%€454k▲ 67.4%€532k▲ 17.2%€683k▲ 28.2%€1.03M▲ 51.3%
Debt€123k▼ 20.2%€251k▲ 103%€535k▲ 113%€537k▲ 0.3%€1.00M▲ 86.5%
Working capital€67k€-49k€42k€177k▲ 323%€313k▲ 76.4%
Staff (FTE)0.31.8▲ 500%2.1▲ 16.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €523k in 2024 against €359k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.03M
Fixed assets
€594k ▲ 25.9%
Current assets
€439k ▲ 108%
Equity and liabilities €1.03M
Equity
€32k ▼ 78.1%
Debt
€1.00M ▲ 86.5%
Debt's share of the balance-sheet total rises from 78.6% to 96.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-404k▼
2023 · €-268k
Cash flow
€-423k▼
2023 · €-278k
Current ratio
3.48▼
2023 · 6.30
Debt to equity
31.37▲
2023 · 3.68
ROA
-52.5%▲
2023 · -54.1%
Interest coverage
-19.46▲
2023 · -25.21
Debt ≤ 1 year
€126k▲
2023 · €33k
Debt > 1 year
€551k▲
2023 · €503k
Staff costs
€84k▼
2023 · €91k
A ratio outside any meaningful range has been withheld (balance sheet total €1.03M, equity €32k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €2k | €91k | €84k | ▼ 7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €43k | €80k | €91k | €119k | ▲ 30.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2k | - | - |
| Other operating charges640/8 | - | - | €423 | €8k | €3k | ▼ 63.9% |
| Gross operating margin9900 | €-48k | €-26k | €-123k | €-168k | €-317k | ▼ 89.3% |
| Operating profit (loss)9901 | €-87k | €-69k | €-205k | €-359k | €-523k | ▼ 45.6% |
| Financial income75/76B | - | €96 | €22 | €609 | €2k | ▲ 229% |
| Recurring financial income75 | €0 | €96 | €22 | €609 | €2k | ▲ 229% |
| Financial charges65/66B | - | €511 | €676 | €11k | €21k | ▲ 95.3% |
| Recurring financial charges65 | €706 | €511 | €676 | €11k | €21k | ▲ 95.3% |
| Profit (loss) for the period before taxes9903 | €-88k | €-70k | €-206k | €-369k | €-542k | ▼ 46.8% |
| Income taxes67/77 | - | - | - | €117 | - | - |
| Profit (loss) for the period9904 | €-88k | €-70k | €-206k | €-369k | €-542k | ▼ 46.7% |
| Profit (loss) for the period to be appropriated9905 | €-88k | €-70k | €-206k | €-369k | €-542k | ▼ 46.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €271k | €454k | €532k | €683k | €1.03M | ▲ 51.3% |
| Formation expenses20 | €2k | €1k | €525 | - | - | - |
| Fixed assets21/28 | €177k | €342k | €413k | €472k | €594k | ▲ 25.9% |
| Intangible fixed assets21 | €169k | €329k | €405k | €406k | €512k | ▲ 26.3% |
| Tangible fixed assets22/27 | €9k | €13k | €7k | €66k | €67k | ▲ 1.2% |
| Plant, machinery and equipment23 | - | €13k | €7k | €65k | €63k | ▼ 2.2% |
| Furniture and vehicles24 | - | - | - | €1k | €4k | ▲ 158% |
| Financial fixed assets28 | - | - | €1k | - | €15k | - |
| Current assets29/58 | €93k | €111k | €119k | €211k | €439k | ▲ 108% |
| Stocks and contracts in progress3 | €6k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €10k | €23k | €16k | €41k | €405k | ▲ 894% |
| Trade receivables40 | - | €15k | €2k | €18k | €365k | ▲ 1,937% |
| Other amounts receivable41 | - | €8k | €14k | €23k | €41k | ▲ 77.7% |
| Cash at bank and in hand54/58 | €76k | €88k | €103k | €169k | €30k | ▼ 82.5% |
| Deferred charges and accrued income490/1 | - | - | - | €372 | €4k | ▲ 924% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €271k | €454k | €532k | €683k | €1.03M | ▲ 51.3% |
| Equity10/15 | €148k | €203k | €-3k | €146k | €32k | ▼ 78.1% |
| Contributions10/11 | €236k | €361k | €361k | €879k | €1.31M | ▲ 48.7% |
| Capital10 | - | €336k | €336k | €854k | €1.28M | ▲ 50.1% |
| Issued capital100 | - | €336k | €336k | €854k | €1.28M | ▲ 50.1% |
| Outside capital11 | - | €25k | €25k | €25k | €25k | = |
| Share premium1100/10 | - | €25k | €25k | €25k | €25k | = |
| Profit (loss) carried forward14 | €-88k | €-158k | €-364k | €-733k | €-1.28M | ▼ 73.9% |
| Amounts payable17/49 | €123k | €251k | €535k | €537k | €1.00M | ▲ 86.5% |
| Amounts payable after more than one year17 | €97k | €91k | €458k | €503k | €551k | ▲ 9.5% |
| Financial debts170/4 | - | €91k | €458k | €503k | €551k | ▲ 9.5% |
| Amounts payable within one year42/48 | €25k | €160k | €77k | €33k | €126k | ▲ 277% |
| Trade debts44 | €15k | €50k | €71k | €19k | €118k | ▲ 526% |
| Suppliers440/4 | - | €50k | €71k | €19k | €118k | ▲ 526% |
| Taxes, remuneration and social security45 | - | - | €6k | €15k | €8k | ▼ 42.8% |
| Taxes450/3 | - | - | €175 | €3k | - | - |
| Remuneration and social security454/9 | - | - | €6k | €12k | €8k | ▼ 30.1% |
| Other amounts payable47/48 | - | €110k | €116 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €324k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-88k | €-70k | €-206k | €-369k | €-542k | ▼ 46.7% |
| + Depreciation and write-downs630 | €17k | €43k | €80k | €91k | €119k | ▲ 30.5% |
| Operating cash flow (approximation) | €-71k | €-27k | €-126k | €-278k | €-423k | ▼ 52.0% |
| Investment in fixed assets (approximation) | - | €-208k | €-151k | €-150k | €-241k | ▼ 60.9% |
| Change in cash | - | €12k | €15k | €66k | €-140k | ▼ 310% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
03-09
State Gazette act
Capital & sharesLegal-form conversion · Declaration · Share issue54 facts ▸
State Gazette act
Capital & shares
Legal-form conversion · Declaration · Share issue54 facts ▸
- General meeting, 31-08-2026
- Other statement, 24-01-2014
- Legal-form conversion, société anonyme
- Other statement, 15:00, meeting opening
- Other statement, shareholder representation, mandataire des actionnaires
- Other statement, agenda
- Other statement, rapport special organe administration, report reference
- Other statement, rapport reviseur, report reference
- Other statement, agenda item, emission 30000 droits souscription
- Other statement, agenda item, renonciation droit preferance
- Other statement, agenda item, procuration organe administration attribution droits
- Other statement, agenda item, nouvelles actions meme nature
- +42 further facts in this act
10-08
State Gazette act
Capital & shares · Statutes amendmentCapital · Share issue · Capital increase12 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital · Share issue · Capital increase12 facts ▸
- General meeting, 04/08/2026
- Capital, €1.820.986
- Share issue, droits de souscription, 3000
- Capital increase
- Authorised capital, EUR, 5 ans
- Statutes amendment
- Power of attorney, Antoine LOGÉ
- Share division, 10, 135360
- Waiver of preemptive rights, Renonciation individuelle et irrévocable par les actionnaires présents au droit de préférence
- Power of attorney, deux administrateurs ou administrateur-délégué
- Power of attorney, organe d'administration
- Notarial observation, Non-convocation de l'actionnaire DELERUE Thierry et risque de nullité des décisions
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-542k
Net result drops to €-542k, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 6.30
Current ratio from 1.55 to 6.30; short-term debt falls from €77k to €33k.
31-12
Financial
Equity above €100kEq €146k
Equity rises from €-3k to €146k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 1.55
Current ratio from 0.69 to 1.55; short-term debt falls from €160k to €77k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Equity above €200kEq €203k ▲37.4%
Equity rises from €148k to €203k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
Show earlier events
2020
31-12
Financial
Liquidity times 5current ratio 3.67
Current ratio from 0.81 to 3.67; short-term debt falls from €56k to €25k.
31-12
Financial
Equity above €100kEq €148k ▲71.7%
Equity rises from €86k to €148k.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 11 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 12 acts read
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 2 have been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rixensart · 1 establishment unit since 2014
Ground area
5,747 m²
Building footprint
165 m²
Volume, LiDAR
1,262 m³
Parcel 25091A0740/00A000, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
PHILEOLE
since 20142.226.932.631
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091A0740/00A000 | Wallonia | 5,747 m² | 1 · 165 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Other provisions of the articles (3)
- Other statement (2)
- Power of attorney
Structure & network
Connections & network
No current directors or connected companies found in the register.
Capital and shareholders
Shareholders according to the acts
After the capital increase
act of 03-09-2026 ↗
- FP FOURNIER (BE 1040.974.207) 1,430 shares
- RND HOLDINGS (BE 1040.974.405) 1,720 shares
- MICHEL GAVAGE SONORISATION (BE 0899.574.238) 1,430 shares
- VON BEUST Joachim 120 shares
- GROUPE LAURENT BARTH GLB (BE 1040.974.504) 720 shares
- LOHEST Philippe 850 shares
- SPREDS FINANCE (BE 0538.839.354) 2,087 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 03-09-2026 Capital increase of 292,495 EUR · to 2,113,481 EUR · 8,357 new shares
- 10-08-2026 Capital stated in the act · 1,820,986 EUR · 135,360 shares
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Of 1,178 companies in sector 72109 we hold annual accounts for 715. 311 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
28150Manufacture of machinery and equipment not elsewhere classified
72109Other research and development on natural sciences
46180Agents specialised in the wholesale of other particular products
70200Business and other management consultancy
73300Public relations and communication consultancy
74999Other professional, scientific and technical activities
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.