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Philing

Active Public limited companyfounded 2012active for 14 yearsChaussée de Louvain 431A, 1380 LasneKBO/BCE: BE 0843.588.214 #2 company by total assets in Lasne, Professional and technical services sector
Philing
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Overview

Lifetime

14 annual accounts with figures on one time axis
peak €429,189 (2020)
-€1.2m▼ €102,715
lowest -€1.2m (2013)
€667,962▲ €1.6m
peak €2.3m (2022)
€1.8m▲ 60.4%
€40.6m▲ 38.8%
peak 3.3 FTE (2015)
1.9 FTEunchanged
Board8 names since 2020
4 directorsMarc Van Doornick and 3 others
Documentsfilings and deeds
17-07-202614 days before the deadline
2025financial year
Back to profit: €667,9621 director appointed, 2 resignations 10-07Equity from €1.1m to €1.8mDebts from €29.3m to €40.6mInvestments €24.1mCash from €1.1m to €1.9m

Key points

from the 2025 annual accounts

Result

€667,962 €667,962
-€939,0002024€668,0002025

Back in profit in 2025, after a loss of €939,327 in 2024.

Debts

€40.6m 96% of the balance sheet
Financial debts 99%Suppliers 0%Taxes and wages 0%

Of this, €139,831 falls due within a year.

Staff

2 employees on 31-12-2025
112023112024022025

In 2025, nobody joined and 2 people left.

Liquidity

32.59 was 7.56 in 2024

Short-term debts fell from €2.2m to €139,831.

Group

18 companies controlled

Heads a group.

Board

1 joined · 2 left

Board changed. Latest change 08-06-2026 · 2 in office.

Checked score

92
Excellent
Financially stronger than 39% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Weak

29=equity 4.2% of total assets
55+1short-term debt 0.3% · cash 4.4%
21+6return on assets 1.6%

Score breakdown

raises risk
Equity €1.8m (4.2% of total assets)
lowers risk
Size: 1.9 FTE, total assets €42.4m
Sector: Activities of head offices; management consultancy activities (NACE 70)
Figures for financial year 2025 (filed on 17-07-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 13% of them on solvency, 46% on liquidity, 14% on profitability and 83% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit verdict

Credit of up to €160,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 32.59 (7.56 in 2024), above the usual 1.5. Short-term debt is 0.3% and cash 4.4% of total assets. However, 95.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: 1.9 FTE, total assets €42.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €1.8m (4.2% of total assets)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Figures for financial year 2025 (filed on 17-07-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 3873 sector peers (2025).
NBB · sector comparison
Position among 3873 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
34 days early
2023
20 days early
2022
6 days early
2021
18 days late
2020
16 days early
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MV
Marc Van Doornick
Managing director
ER
Estée Roguet
Director, since 14-04-2026
CR
C² REVISEURS & ASSOCIES
Auditor, Cheryl Delforge
  • PIC 1871 1 sharedeed of 23-01-2026

Shares in 23 companies, including Phifin and SAS AD HOC85

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0843588214
1 director appointed, 2 resignations Resignations: Catherine Philippson and Charles Spierer · Appointment: Estée Roguet · General meeting of 14-04-2026 · Gazette deed
Capital increase of €1 to €1,435,525.25 Capital from €1,435,524.25 to €1,435,525.25, 1 new share · PIC 1871 holds 64,082 shares · General meeting of 22-12-2025 · Gazette deed
1 director appointed, 2 resignations Resignations: Jacques-Martin Philippson (managing director) and Françoise Philipson · Appointment: Charles Spierer · General meeting of 12-06-2025 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
Philing Lasne €42.4m -€1.2m 4.2% 1.9
Tjaka Oostkamp €56.5m -€0.3m 71.7% 1
CHROMA IMPACT INVESTMENT Mont-Saint-Guibert €40.9m -€0.6m 99.5% 0.8
SKALLI INVEST Brussels €30.0m -€0.1m 99.9% 1
SOCIETE PATRIMONIALE A PORTEFEUILLE Charleroi €32.8m -€0.2m 70.7% 1.3
ICONIC GROUP Watermael-Boitsfort €74.6m -€0.2m 48.0% 1
FPB Invest Berchem-Sainte-Agathe €29.7m -€0.1m 37.0% 0.5

These companies have the same main activity as Philing: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €30m and €75m, founded between 2004 and 2017.

Official details

Source: KBO
Status
Active since 08-02-2012Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.207.707.4291380 Lasne, since 10-02-2012
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

-€1.2m▼ 9.7%
€667,962
€1.8m▲ 60.4%
€42.4m▲ 39.5%
Employeeson 31-12-2025
2=
Filing
Filed on 17-07-2026, 14 days before the end of the filing period
Financials

Companies linked to Philing

Insights on Philing

Philing has existed since 2012. In 2019 the gross margin rose from €2,857 to €419,626.

The gross margin has fallen every year since 2020.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 17-07-2026, 14 days before the deadline
-€1.2m
▼ €102,715
-€1.5m
▲ €625,945
-€1.4m
▲ €615,720
€748,156
▲ €1.6m
4.2%
▲ 0.5 percentage points
32.59
▲ 25.04

Turnover: not included in this filing.

In the rankings #2 company by total assets in Lasne, Professional and technical services sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €42.4m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

Compare with sector

4.2%

Higher than 10% of 3,873 companies in 2025.

32.59

Higher than 95% of 3,727 companies in 2025.

1.6%

Higher than 43% of 3,849 companies in 2025.

Philing Middle half of the sector 80% of the sector Full accounts in head offices and management consultancy (NACE 70)

Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half

Staff

€99,124

Staff costs divided by the average number of full-time equivalents.

-2 people

people who joined people who left

In 2025, nobody joined and 2 people left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012
Balance sheet: assets
20/58 42.4m30.4m18.5m16.7m15.6m14.9m14.6m12.9m20.5m16.3m13.9m12.5m7.4m1.8m
20 0000---1912,7477,05011,55411,3667,169-
21/28 37.8m13.8m16.9m15.6m14.9m13.6m13.5m12.1m12.1m10.4m8.2m-4.5m261,018
21 0008331,7762,719168,275399,746631,218862,6891.1m327,995--
22/27 989,9831.1m1.1m1.1m1.2m1.3m1.3m1.5m1.6m1.6m1.6m1.6m--
22 864,439904,493944,548984,6021.0m1.1m1.1m1.1m1.2m1.2m1.3m1.3m--
24 85,592117,58218,14319,64628,14522,02127,02453,61286,57175,18882,29396,906--
26 39,95357,41691,040116,144153,630190,252197,789256,946278,826276,641279,487200,390--
28 36.8m12.7m15.9m14.4m13.7m12.3m12.0m10.2m9.9m7.9m5.5m4.9m4.5m261,018
29/58 4.6m16.5m1.6m1.1m749,8731.2m1.1m801,9818.4m5.9m5.7m5.7m2.9m1.6m
29 622,88913.4m272,486203,216161,45292,11230,51230,5127.4m2.3m2.1m2.2m1.8m1.5m
290 14,94614,94627,37327,37327,37330,51230,51230,5127.4m2.3m2.1m2.2m1.8m1.5m
291 607,94313.4m245,113175,843134,07861,600--------
40/41 108,733656,943155,136158,215309,399441,171689,941457,847579,327565,305910,6531.4m98,05727,208
40 29,672548,19056,956142,051306,288431,578677,991240,878217,563164,002224,256266,7361,210-
41 79,061108,75398,18016,1643,1119,59211,950216,969361,763401,303686,3961.1m96,84727,208
50/53 2.0m1.4m893,025393,217----------
54/58 1.9m1.1m224,221383,161275,218708,723399,086307,526434,4063.1m2.7m2.2m1.1m50,062
490/1 13,06012,01249,6354,1093,8044,5265,5866,0969,612-9,27121,000--
Balance sheet: equity and liabilities
10/49 42.4m30.4m18.5m16.7m15.6m14.9m14.6m12.9m20.5m16.3m13.9m12.5m7.4m1.8m
10/15 1.8m1.1m2.1m2.3m2.1m1.3m1.1m1.1m1.4m1.6m1.9m1.7m-418,010710,423
10/11 1.4m1.4m1.5m1.5m1.5m997,024997,024997,024997,024997,024997,024-750,000750,000
10 1.4m1.4m1.5m1.5m1.5m------997,024--
100 1.4m1.4m1.5m1.5m1.5m1.5m1.5m1.5m1.5m1.5m1.5m1.5m1.3m1.3m
101 -----500,000500,000500,000500,000500,000500,000500,000500,000500,000
12 -0------------
13 129,849129,849135,412135,412125,098109,058100,260100,260100,260100,26044,62334,765--
130/1 129,849129,849135,412135,412125,098109,058--------
130 129,849129,849135,412135,412125,098109,058100,260100,260100,260100,26044,62334,765--
14 209,306-458,657505,526667,832471,866167,115-53-1,073306,274504,461847,841660,544-1.2m-39,577
17/49 40.6m29.3m16.4m14.4m13.5m13.6m13.5m11.8m19.1m14.7m12.0m10.8m7.9m1.1m
17 40.4m27.1m16.2m14.1m13.2m13.5m13.4m11.7m18.8m13.3m11.9m9.6m6.7m1.1m
170/4 40.4m27.1m16.2m14.1m13.2m13.5m13.4m11.7m18.8m13.3m11.9m9.6m6.7m1.1m
42/48 139,8312.2m219,314257,546304,91796,890108,988105,567295,5831.4m98,4571.2m1.1m7,865
42 65,99662,37758,95655,72361,93360,24470,28669,64264,44055,36055,24453,401--
44 48,908672,70720,18252,41230,64015,77824,90020,974214,959198,72329,40136,1827,8657,865
440/4 48,908672,70720,18252,41230,64015,77824,90020,974214,959198,72329,40136,1827,8657,865
45 20,86420,10920,06217,54314,54220,86813,80214,95016,18412,61013,81212,550--
450/3 00790-6,439-1,074------
454/9 20,86420,10919,98317,54314,54214,42913,80213,87616,18412,61013,81212,550--
47/48 4,0631.4m120,114131,868197,802----1.1m-1.1m1.1m-
492/3 86,80411,21325,9703,7311,9164,9812,1842,094------
Income statement
70 -----------332,027--
76A 393--69--13,6985,509-1.1m88,291---
9900 -1.2m-1.1m-135,678219,687325,839429,189419,6262,857-185,766-28,851151,981101,705-72,302-55,015
60/61 -----------275,927--
62 188,335193,311169,594145,677121,927119,649134,679143,556144,469126,593162,563---
630 80,19490,41886,19094,00690,495263,791334,330340,373336,788348,579135,84285,997292-
631/4 -12,428------------
640/8 69,365327,40517,05713,17713,64914,0965,44229,83213,7132,87611,9301,774671348
66A -442,991--------1,699-1.2m-
9901 -1.5m-2.1m-408,520-33,17499,76831,653-54,825-510,904-680,737-506,899-158,353-24,245-73,264-55,363
75/76B 2.3m1.3m349,941277,60452,893180,501107,838247,733536,9971.7m340,957-67,25815,787
75 404,012505,119348,954138,32752,893180,501107,838247,733536,997595,183340,957246,36867,25815,787
76B 1.9m795,464987139,277-----1.1m----
65/66B 88,613111,963103,72238,151-168,94036,18850,54843,38554,31047,79572,929-10,6701
65 88,613111,96352,64038,127-456,24036,18850,54843,38554,31047,79572,929112,67710,6701
66B --51,08224287,300---------
9903 668,755-939,327-162,301206,279321,601175,9662,465-306,556-198,0501.1m196,267696,308-1.2m-39,577
67/77 793-50809-1,445792137265-888999--
9904 667,962-939,327-162,306206,279320,791175,9661,020-307,347-198,1871.1m197,155695,309-1.2m-39,577
9905 667,962-939,327-162,306206,279320,791175,9661,020-307,347-198,1871.1m197,155695,309-1.2m-39,577
Appropriation of the result
9906 209,306-458,657505,526678,146487,906175,913-53-1,073306,2742.0m857,699695,309-1.2m-39,577
14P -458,657480,671667,832471,866167,115---------
791/2 ------------39,577-
691/2 ---10,31416,0408,798---55,6379,85834,765--
6920 ---10,31416,0408,798---55,6379,85834,765--
694/7 ---------1.4m----
694 ---------1.4m----
Social balance sheet
9087 1.91.91.81.81.81.82.22.82.82.83.32.9--
Hours worked1013 3,0583,2253,1023,0292,9983,1053,7324,8434,9023,9985,289---
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 17-07-2026 2026-00305805 PDF
31-12-2024 full format 27-06-2025 2025-00188060 PDF
31-12-2023 full format 11-07-2024 2024-00236830 PDF
31-12-2022 full format 25-07-2023 2023-00267632 PDF
31-12-2021 full format 18-08-2022 2022-20294508 PDF
31-12-2020 full format 15-07-2021 2021-36200253 PDF
31-12-2019 full format 28-08-2020 2020-46300077 PDF
31-12-2018 full format 24-07-2019 2019-37000538 PDF
31-12-2017 full format 25-06-2018 2018-22600597 PDF
31-12-2016 full format 31-08-2017 2017-56500280 PDF
31-12-2015 full format 17-06-2016 2016-19100278 PDF
31-12-2014 full format 30-06-2015 2015-25500251 PDF
31-12-2013 full format 30-07-2014 2014-37300304 PDF
31-12-2012 full format 10-07-2013 2013-29000589 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012
-1.4m-2.0m-322,33060,832190,264295,445279,505-170,531-343,949-158,320-22,51161,752-72,972-
748,156-848,909-76,116300,286411,287439,758335,35033,025138,6011.5m332,997781,306-1.2m-
24.2m2.7m1.6m1.6m1.6m413,8151.8m286,4382.1m2.9m1.5m2.5m5.4m261,018
795,614833,321-158,940107,943-433,505309,63791,560-126,880-2.6m358,237553,5111.1m1.0m-
4.4m14.4m1.4m884,372444,9551.1m1.0m696,4148.1m4.5m5.6m4.5m1.8m1.5m
------------7.3%--
4.2%3.6%11.5%13.8%13.4%8.6%7.5%8.5%6.8%9.8%13.6%13.5%-5.6%39.1%
32.597.567.274.432.4612.8710.327.6028.494.2558.234.692.62-
22.8726.437.676.266.4610.6712.2910.7413.639.176.376.41-1.56
37.6%-84.9%-7.6%9.0%15.3%13.8%0.1%-28.0%-14.1%69.4%10.4%41.1%--5.6%
1.6%-3.1%-0.9%1.2%2.1%1.2%0.0%-2.4%-1.0%6.8%1.4%5.5%-15.7%-2.2%
-16.05-18.20-6.121.60-0.42------0.55--
-----------293 days--
-----------48 days--

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date22222
full-time11111
part-time11111
in full-time equivalents1.81.81.81.81.8
1.91.81.81.81.8
On a permanent contract22222
Joined011--
Left211--

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€18,845€113,797€21,241€4,424€19,000
Financial fixed assets€24.2m€2.6m€1.6m€1.6m€1.5m
€80,194€90,418€86,190€94,006€90,495

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Philing

The operating result for 2025 is a loss of €1.5m, smaller than the loss of €2.1m in 2024.

Debt's share of the balance-sheet total falls from 96.4% to 95.8%. Equity and debt are higher.

Large changes and their cause
  • 2024 Net result -479%, Total assets +64% on 2023. Demerger with Guardiola Capital, Official Gazette 03-10-2024.

Board & ownership

Board

2 directors, 1 in day-to-day management, 1 auditor, last change in June 2026
Estée Roguet
Director
since 14-04-2026
listed in the 2025 annual accounts, filed on 17-07-2026
Marc Van Doornick
Director and managing director
director in office according to the deed of 13-11-2020 managing director appointed by deed of 13-11-2020 6-year term from 2020
listed in the 2025 annual accounts, filed on 17-07-2026
C² REVISEURS & ASSOCIES
Company auditor, permanent representative Cheryl Delforge
appointed by deed of 03-10-2024
Marc Van Doornick

Office holders in the KBO →

Mandates through the years

8 names, the dashed line is today
Marc Van Doornick
Director, Managing director
Estée Roguet
Director
C² REVISEURS & ASSOCIES
Company auditor
Catherine Philippson
Director
Charles Spierer
Director
Françoise Philipson
Director
Jacques-Martin Philippson
Director
Françoise Philippson
Director
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • Marc Van Doornick
    • Director, since before 13-11-2020
    • Managing director, appointed by deed of 13-11-2020, still in office
  • Estée Roguet
    • Director, since before 31-12-2025
  • C² REVISEURS & ASSOCIES
    • Company auditor, appointed by deed of 03-10-2024, still in office
  • Catherine Philippson
    • Director, from before 31-12-2021 to 14-04-2026
  • Charles Spierer
    • Director, appointed by deed of 10-07-2025, until 14-04-2026
  • Françoise Philipson
    • Director, until 10-07-2025
  • Jacques-Martin Philippson
    • Director, from before 13-11-2020 to 10-07-2025
    • Managing director, appointed by deed of 13-11-2020, until 12-06-2025
  • Françoise Philippson
    • Director, from before 31-12-2021, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Shareholders
Philippson Jacques-Martin, Françoise Philippson, Catherine Philippson
and 1 other
This company
Philing
Equity €1.8m
Profit €667,962 in 2025

Capital

Capital
€1,435,525.25
Shares
14,501
Contribution per share
€98.99
Equity per share
€122 in 2025
Source
deed of 23-01-2026

Articles of association

deed of 07-11-2022 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
Term of at most 6 years
“Vacance, administrateurs restants peuvent coopter nouvel administrateur”
“Présidence, conseil peut nommer président parmi ses membres”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of June at 16:00

Shareholders

After the capital increase deed of 23-01-2026 ↗
  • PIC 1871 1 share · €1 · nominatifs
Stated in the deed deed of 22-08-2024 ↗

Capital transactions

Capital over time
  1. 23-01-2026 Capital increase of €1 · to €1,435,525.25 · 1 new share at €1 per share
  2. 03-10-2024 Capital reduction of €61,500 · to €1,435,524.25 · partial demerger
  3. 22-08-2024 Capital stated in 2 deeds · €1,497,024.25 · 14,500 shares

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros
This companyPhiling23 holdings, 3 countries 2025 accounts

Belgium 8 Equity Result

Europe 15 Equity Result

  • FR La Maison Partners29.69% €7.7m result €918,361
  • FR Domaine des Fouquettes SCEA99.6% €208,502 result -€88,100
  • FR Oceani Villages sas99% €157,683 result €12,962
  • FR SCI Des Gâts Prompts99.7% -€62,416 result €246
  • FR SCI La Missionnaire99.7% -€64,203 result -€2,290
  • FR SCI Colbert De Blainville99.7% -€91,959 result -€6,810
  • FR SCI De La Tourette99.7% -€106,974 result -€9,955
  • FR SCI L'Ouche de l'Eglise99.7% -€129,018 result -€17,194
  • FR SCI De La République99.7% -€147,625 result -€48,863
  • FR SCI Au Coeur du Port99.7% -€197,838 result -€1,462
  • FR SCI Baie de la Pipe99.7% -€202,196 result -€5,792
  • FR SCI Du Marais de la Guerche99.7% -€227,380 result -€29,726
  • FR SAS AD HOC85 -€242,015 result -€118,192
  • FR SCI du Quai Vernier99.7% -€477,626 result -€110,221
  • LU Altoria Fund71.51% - result -

Source: list of holdings in its own 2025 accounts. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

Heads the group Philing Group, risk and exposure

At the same address

Chaussée de Louvain 431A, 1380 Lasne · 7 other companies
Guardiola Capital
registered office since 01-10-2024 · founded in 2024
 total assets €7.1m (2025)
1014.462.721
Phifin
registered office since 14-07-2011 · founded in 2011 · group Philing
 total assets €6.1m (2025)
0837.970.528
DSGI
registered office since 18-05-2022 · founded in 2022
 total assets €3.1m (2025)
0786.328.619
AZURTIS
establishment since 04-04-2005 · founded in 2004
 0.5 FTE (2025)
0870.032.095
WINERY
registered office since 03-09-2004 · founded in 2004 · group Philing
 14 FTE (2025)
0867.068.350
Lucky Cycle
registered office since 20-03-2014 · founded in 2014 · negative equity (2025)
 total assets €944,375 (2025)
0548.756.417
EYS
registered office since 13-12-2011 · founded in 2011 · negative equity (2025)
 total assets €14,676 (2025)
0841.844.786

Earlier ties

BUREAU LEFEBVRE
via Marc Van Doornick, no longer at BUREAU LEFEBVRE · Director · deed of 07-05-2021
founded in 1987 · negative equity (2025)
 total assets €19,377 (2025)

Holdings and subsidiaries

23 holdings · 18 subsidiaries, including indirect ones

Holdings 23

Share, source and own figures per holding (23)

Source for every holding own accounts 2025

  • Phifinsubsidiary
    Equity €4.0m Profit of €13,423 in 2025 (loss of €1,652 in 2024) Checked score 88
    100%
  • SAS AD HOC85FRsubsidiary
    Equity -€242,015Result -€118,192
    100%
  • SCI Au Coeur du PortFRsubsidiary
    Equity -€197,838Result -€1,462
    99.7%
  • SCI Baie de la PipeFRsubsidiary
    Equity -€202,196Result -€5,792
    99.7%
  • SCI Colbert De BlainvilleFRsubsidiary
    Equity -€91,959Result -€6,810
    99.7%
  • SCI De La RépubliqueFRsubsidiary
    Equity -€147,625Result -€48,863
    99.7%
  • SCI De La TouretteFRsubsidiary
    Equity -€106,974Result -€9,955
    99.7%
  • SCI Des Gâts PromptsFRsubsidiary
    Equity -€62,416Result €246
    99.7%
  • SCI Du Marais de la GuercheFRsubsidiary
    Equity -€227,380Result -€29,726
    99.7%
  • SCI du Quai VernierFRsubsidiary
    Equity -€477,626Result -€110,221
    99.7%
  • SCI L'Ouche de l'EgliseFRsubsidiary
    Equity -€129,018Result -€17,194
    99.7%
  • SCI La MissionnaireFRsubsidiary
    Equity -€64,203Result -€2,290
    99.7%
  • Domaine des Fouquettes SCEAFRsubsidiary
    Equity €208,502Result -€88,100
    99.6%
  • Oceani Villages sasFRsubsidiary
    Equity €157,683Result €12,962
    99%
  • CORNALINE HOUSE HOLDINGsubsidiary
    86.67%
  • WINERYsubsidiary
    Equity €35,764 Loss of €24,020 in 2025 (loss of €366,147 in 2024) Checked score 66
    Alsoaccounts WINERY 2025deed 07-11-2022
    80%
  • Altoria FundLUsubsidiary
    71.51%
  • CETIM PROJECTS
    Equity €94,277 Profit of €1.2m in 2025 (profit of €599,367 in 2024) Checked score 96
    33.17%
  • Lucky Cycle
    Equity -€203,687 Loss of €77,399 in 2025 (profit of €26,287 in 2024) Checked score 53
    30.02%
  • La Maison PartnersFR
    Equity €7.7mResult €918,361
    29.69%
  • HELI AVIATION PARTNERS
    Equity -€868,222 Loss of €231,380 in 2025 (loss of €809,748 in 2024) Checked score 46
    25%
  • ALTORIA CAPITAL
    Equity €194,261Result -€5,739
    17.5%
  • CETIM Student RE
    Equity €3.6m Profit of €7,834 in 2025 (profit of €7,673 in 2024) Checked score 83
    10%
All subsidiaries, including indirect ones 18

Philing or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.

  • Phifin 100%
  • SAS AD HOC85FR 100%
  • SCI Au Coeur du PortFR 99.7%
  • SCI Baie de la PipeFR 99.7%
  • SCI Colbert De BlainvilleFR 99.7%
  • SCI De La RépubliqueFR 99.7%
  • SCI De La TouretteFR 99.7%
  • SCI Des Gâts PromptsFR 99.7%
  • SCI Du Marais de la GuercheFR 99.7%
  • SCI du Quai VernierFR 99.7%
  • SCI L'Ouche de l'EgliseFR 99.7%
  • SCI La MissionnaireFR 99.7%
  • Domaine des Fouquettes SCEAFR 99.6%
  • Oceani Villages sasFR 99%
  • CORNALINE HOUSE HOLDING 86.67%1 subsidiary
  • WINERY 80%
  • Altoria FundLU 71.51%
Holdings through the years 2013 to 2025
Holdings through the years
Name201320152016201720182019202020212022202320242025
Phifin 75%100%
SAS AD HOC85FR 100%
SCI Au Coeur du PortFR 99%99.7%
SCI Baie de la PipeFR 99%99.7%
SCI Colbert De BlainvilleFR 99%99.7%
SCI De La RépubliqueFR 99%99.7%
SCI De La TouretteFR 99%99.7%
SCI Des Gâts PromptsFR 99%99.7%
SCI Du Marais de la GuercheFR 99%99.7%
SCI du Quai VernierFR 99%99.7%
SCI L'Ouche de l'EgliseFR 99%99.7%
SCI La MissionnaireFR 99%99.7%
Domaine des Fouquettes SCEAFR 97%99.6%
Oceani Villages sasFR 40%99%
CORNALINE HOUSE HOLDING 86.67%
WINERY 50%66.67%100%80%
Altoria FundLU 71.51%
CETIM PROJECTS 25%33.17%
Lucky Cycle 17.5%30%30.02%
La Maison PartnersFR 29.69%
HELI AVIATION PARTNERS 25%
ALTORIA CAPITAL 17.5%
CETIM Student RE 10%
TRADI-QUAL BENELUX 100%
EUROPEAN CROWN REAL ESTATE 86.7%
CETIM HOLDING 30%
EUROPEAN AIRCRAFT PRIVATE CLUB 7%10%14.12%
PILATUS ONE 8%8%
Pilatus Three 8%
EASYVEST 16.66%6.24%
Ad Hoc 85FR 100%
DSGI 54.36%
INYTIUM 48%49.04%
Exposants 41FR 49%
Bon Group 40.15%
CETIM 25%33.17%
The Belgian Pie Company 30%32.5%
HELIVENTURE FTO 25%
2GW 50%
MintT 10%12.36%
ALLYUM 25%
BELGIAN LAND 1.8%
FilmInvest scspLU listed
PRODUISONS ! 50%
Produisons! FranceFR 50%
AZURTIS 51%
PROGRESS FUND 33%
SOLCARBON 50%25%
BLUE SQUARES HOLDING 75%

Source: list of holdings in its own accounts

Board mandates elsewhere

13 board mandates
Board mandates of PhilingPhiling sits on their board13
BON
Director · 16 locations
Founded in 2006 · 45 FTE (2025) · negative equity
Bon Kitchen
Director · 2 locations
Founded in 2010 · 26 FTE (2025) · negative equity
PILATUS ONE
Director
Founded in 2014 · total assets €2.2m (2024) · accounts filed late
MintT
Director · 2 locations
Founded in 2014 · 7 FTE (2025) · negative equity
TF CO
Director · 25 locations
Founded in 2005 · 163 FTE (2025)
The Belgian Pie Company
Director
Founded in 2016 · turnover €455,514 (2025)
Show 7 more
Bon Group
Director
Founded in 2019 · total assets €9.8m (2025)
Guardiola Capital
Director
Founded in 2024 · total assets €7.1m (2025)
Phifin
Director
Founded in 2011 · total assets €6.1m (2025) · group Philing
DSGI
Director
Founded in 2022 · total assets €3.1m (2025)
Bon Immo
Director · 3 locations
Founded in 2006 · 4.9 FTE (2025)
CETIM
Director
No longer active · 1 FTE (2025)
CETIM HOLDING
Director
No longer active · total assets €671,498 (2025)

Acquisitions and mergers

1 transaction
Demerger with:Guardiola Capital
partial demerger · Gazette deed of 03-10-2024 (3 deeds)

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
VOCATIO
via Marc Van Doornick · Secretary general · deed of 28-05-2019
Founded in 2005
→

Timeline

Timeline

35 events since 2012

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0843588214
Annual accounts 2025 filed NBBfull format · 14 days before the deadline
1 director appointed, 2 resignationsResignations: Catherine Philippson and Charles Spierer · Appointment: Estée Roguet · General meeting of 14-04-20269 points ▸
  • General meeting, 14-04-2026
  • Director resignation, Catherine Philippson
  • Director resignation, Charles Spierer
  • Director appointment, Estée Roguet
  • Power of attorney, Jordens srl
  • Power of attorney, Kréanove srl
  • Power of attorney, Marion de Crombrugghe
  • Power of attorney, Serge Solau
  • Power of attorney, Stéphane Verhaegen

Open the deed in the Belgian Official Gazette

Capital increase of €1 to €1,435,525.25Capital from €1,435,524.25 to €1,435,525.25, 1 new share · PIC 1871 holds 64,082 shares · General meeting of 22-12-20257 points ▸
  • General meeting, 22-12-2025
  • Capital increase, €1
  • PIC 1871 holds 64,082 shares
  • Power of attorney, MOULART Marie
  • Capital, €1,435,525.25, 14,501 shares
  • Amendment of the articles, article 5
  • Power of attorney, Sophie Maquet
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2025
Back to profit net €667,962 The net result is €667,962, after 2 loss-making years.
Liquidity more than quadruples current ratio 32.59 The current ratio rises from 7.56 to 32.59. Short-term debt falls from €2.2m to €139,831.
1 director appointed, 2 resignationsResignations: Jacques-Martin Philippson (managing director) and Françoise Philipson · Appointment: Charles Spierer · General meeting of 12-06-20255 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFfull format · 34 days before the deadline
2024
Demerger: Guardiola Invest splits off to Guardiola CapitalCompany renamed from Guardiola Invest to Philing · Capital decrease of €61,500 to €1,435,524.25 · Capital from €1,497,024.25 to €1,435,524.25 · General meeting of 30-09-20247 points ▸
  • General meeting, 30-09-2024
  • Auditor appointment, C² REVISEURS & ASSOCIES (company auditor)
  • Power of attorney, VERHAEGEN Stéphane
  • Capital decrease, €61,500
  • Amendment of the articles, article 5
  • Name change, Philing
  • Power of attorney, Sophie MAQUET
  • The deed holds 12 more points.

Open the deed in the Belgian Official Gazette

Demerger proposal: GUARDIOLA INVEST splits off to GUARDIOLA CAPITALPhilippson Jacques-Martin holds 1 share · Françoise Philippson holds 1 share · Catherine Philippson holds 1 share7 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFfull format · 20 days before the deadline
2023
Reappointments: Catherine Philippson (director) and Françoise Philippson (director)General meeting of 14-06-20223 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFfull format · 6 days before the deadline
2022
Amendment of the articles3 points ▸
  • General meeting, 28-10-2022
  • Capital, €1,497,024.25, 14,500 shares
  • Registered office clause, 1380 Lasne Chaussée de Louvain 431A
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFfull format · 18 days late
2021
Equity above €2m equity €2.1m ▲64.5% After 3 profitable years in a row, equity reaches €2.1m.
Annual accounts 2020 filed PDFfull format · 16 days before the deadline
2020
2 directors appointed, 2 reappointmentsReappointments: Marc Van Doornick and Jacques-Martin Philippson · Appointments: Marc Van Doornick (managing director) and Jacques-Martin Philippson (managing director) · Director discharge: Marc Van Doornick · General meeting of 09-06-20208 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFfull format · 28 days late
2019
Back to profit net €1,020 The net result is €1,020, after 2 loss-making years.
Annual accounts 2018 filed PDFfull format · 7 days before the deadline
2018
Annual accounts 2017 filed PDFfull format · 36 days before the deadline
2017
Liquidity more than 6 times current ratio 28.49 The current ratio rises from 4.25 to 28.49. Short-term debt falls from €1.4m to €295,583.
Annual accounts 2016 filed PDFfull format · 31 days late
2016
Highest result from 2012 to 2025 net €1.1m ▲464% The net result of €1.1m is the highest of those years.
Annual accounts 2015 filed PDFfull format · 44 days before the deadline
2015
Liquidity more than 12 times current ratio 58.23 The current ratio rises from 4.69 to 58.23. Short-term debt falls from €1.2m to €98,457.
Annual accounts 2014 filed PDFfull format · 31 days before the deadline
2014
Back to profit net €695,309 The net result is €695,309, after 2 loss-making years.
Equity above €1m equity €1.7m Equity rises from -€418,010 to €1.7m.
Annual accounts 2013 filed PDFfull format · 1 day before the deadline
2013
Weakest financial year net -€1.2m The net result drops to -€1.2m, the lowest from 2012 to 2025. It recovers the following year.
Annual accounts 2012 filed PDFfull format · 21 days before the deadline
2012
First establishment Chaussée de Louvain 431, Lasne
Incorporation PDFpublished on 24-02-2012

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Philing was incorporated on 8 February 2012.1 In 2026 the capital was increased by €1 to €1.4m.2 The company has filed 14 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-01-2026
  3. 3National Bank, annual accounts 2025

Company details

Identity

Enterprise number
0843.588.214
VAT number
BE 0843.588.214
Peppol ID
0208:0843588214
LEI code
967600X21Z8GGJETWH85 no longer live in the LEI register
Legal form
Public limited company
Status
Active, normal situation
Founded
08-02-2012
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of June at 16:00
deed of 07-11-2022 (in French)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Philing in French
Former name
Guardiola Invest until the deed of 03-10-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-11-2022 (in French)
Name clauseThe company operates under this name according to its articles.
Guardiola Invest
deed of 07-11-2022 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne”
deed of 07-11-2022 (in French)

Activities

NACEBEL 2025
VAT activities
70200 Business and other management consultancy main activity
Social security (RSZ) activities
70200 Business and other management consultancy main activity
Codes under NACEBEL 2008
VAT activities
70220 Business consulting main activity
Social security (RSZ) activities
70220 Business consulting main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Toute activité de centre d'affaires comprenant la mise à disposition d'espaces de travail et de parkings ainsi que tous les services liés…”
6 activities
  1. Toute activité de centre d'affaires comprenant la mise à disposition d'espaces de travail et de parkings ainsi que tous les services liés directement ou indirectement;
  2. Le courtage, tous offres et prestations de services et de structuration financière, juridique, fiscale et autres (à l'exclusion des activités réglementées), sous quelque forme que ce soit, et la gestion d'actifs pour compte de ses clients; elle pourra effectuer toutes les formalités administratives, légales ou réglementaires pour compte de ses clients;
  3. Toute activité de gestion, de management et de conseil en matière d'organisation financière ou économique et de développement d'entreprise; la société pourra agir en tant que conseil, dans toutes affaires commerciales, industrielles ou financières et plus particulièrement les prestations de services en matière d'organisation et gestion de projets, commerciale, de formation, de stratégie, de vente et achat, de gestion de stocks, de gestion financière et tout ce qui se rapporte aux activités commerciales des sociétés, en général tous problèmes concernant le management des entreprises, leur gestion économiques, financières et ses incidences fiscales;
  4. Souscrire, placer ou prendre en prise ferme, acheter, vendre ou négocier toutes actions, parts sociales, obligations, créances, participations et autres valeurs mobilières, émises par des entreprises belges ou étrangères (sous forme de sociétés, à forme commerciale ou autre), institutions et associations ayant ou non un statut de droit (semi) public; sans préjudice du monopole légal des agents de change et des banques;
  5. Assurer la gestion centralisatrice de la trésorerie des entreprises qui lui sont liées, notamment la réception des disponibilités excédentaires des entreprises liées et leur placement auprès de celles qui en ont en insuffisance. Elle peut en outre accorder des crédits aux entreprises, qui lui sont liées et, à titre occasionnel, à des entreprises tierces;
  6. L'achat, la vente, la location, la réparation, la restauration et la gestion d'immeubles, de maisons, d'appartements ou de bureaux; le nettoyage et la désinfection d'immeubles, de meubles, ameublements et autres objets divers;
deed of 22-08-2024 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Chaussée de Louvain 431A registered office 1380 Lasne
Chaussée de Louvain 431 1380 Lasne 10-02-2012 2.207.707.429

Buildings and parcels at the addresses

Ground area
5,379 m²
Buildings
503 m²
Volume, LiDAR
3,664 m³
Tallest building
12.8 m
Buildings to scale, each on its own parcel
347 m², 10.0 m 156 m², 12.8 m 347 m², 10.0 m 156 m², 12.8 m

Location

registered office establishment The establishment unit on the map
8 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
25076F0006/00S0053,200 m² 1 · 156 m² 12.8 m · 2
25076F0005/00N0022,179 m² 1 · 347 m² 10.0 m · 3

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