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PHILINVEST

Active
Private limited companyfounded 2018active for 8 yearsLombaardstraat 23 A, 8900 Ieper, BelgiumKBO/BCE: BE 0689.801.246
Summary

PHILINVEST has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €380,762 and a net result of -€25,777. Equity has been growing by about 21% per year since 2019. Its solvency ranks better than 51% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 05-02-2018 Normal situation
Activity
Property management for co-owned buildings (syndics) NACE 68321and 1 other
Establishment unit
2.272.719.403 8900 Ieper, since 05-02-2018
Financial year end
30 September
Peppol
Reachable since 05-10-2025

Board and ownership

Board

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Gross margin
-€20,240
▼ 54.6%
Loss
€25,777
▲ 468%
Equity
€380,762
▼ 6.3%
Total assets
€1.3m
▼ 16.5%
Turnover not published (micro format)
Score breakdownraises riskLoss of €25,777, the second in a row (financial year 2025)lowers riskSize: total assets €1.3mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 16-04-2026)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 30% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 55+3
equity 29.9% of total assets
Liquidity 25-15
short-term debt 70.1% · cash 10.3%
Profitability 16-2
return on assets -2.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025highest value 03-2025: < 0.1%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: 0.1%▲ +0.1 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.39 (1.32 in 2024), below the usual 1.5. Short-term debt is 70.1% and cash 10.3% of total assets. 70.1% of the assets are financed with debt and provisions.
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 68, micro). It does better than 49% of them on solvency, 20% on liquidity, 18% on profitability and 32% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Figures for financial year 2025 (filed on 16-04-2026)
NBB · annual accounts
raises risk · Loss of €25,777, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€25,777
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-04-2026, 20 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
20 days early
2024
76 days early
2023
90 days early
2022
19 days early
2021
47 days early
2020
32 days early
2019
103 days early
← 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 55 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 14 March (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
30-09-2026 year end04-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€25,777 View
  • Caution: Lower net result than 86% of companies in real estatesector median €6,030 · 17,139 companies -€25,777 View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View

Recent changes

  1. · Gazette deed Change of role: Philip Steyaert, from manager to director
  2. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as PHILINVEST: property management for co-owned buildings (syndics) (NACE 68321). They are comparable in size and age: total assets between €887,000 and €2.2m, founded between 2016 and 2020.

CompanyTotal assetsGross margin
PHILINVEST Ieper€1.3m-€0.02m
GIMACOS Houthalen-Helchteren€1.3m-€0.03m
BREDEAU Antwerpen€1.5m-€0.001m
DLB BELGIUM Elsene€0.9m-€0.001m
LBW-Halen Halen€2.1m-€0.01m
ATLANTIS-REALTY La Hulpe€2.2m-€0.06m
DC-GROUND Lede€1.5m-€0.01m
Full comparison

Key facts about PHILINVEST

What is the company number of PHILINVEST?
The company number of PHILINVEST is 0689.801.246. The VAT number is the same number with BE in front: BE 0689.801.246.
Where is PHILINVEST based?
The registered office is at Lombaardstraat 23 A, 8900 Ieper.Company details
What does PHILINVEST do?
According to the KBO register, the main activity is property management for co-owned buildings (syndics) (NACE 68321).
What is the legal form of PHILINVEST?
The legal form of PHILINVEST is Private limited company (BV).
When was PHILINVEST founded?
PHILINVEST was founded on 05-02-2018.
Is PHILINVEST still active?
Yes, PHILINVEST is an active enterprise in the KBO register.
What is the turnover of PHILINVEST?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is PHILINVEST profitable?
In financial year 2025, PHILINVEST made a loss of €25,777.
Where can I find the annual accounts of PHILINVEST?
PHILINVEST filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PHILINVEST due?
PHILINVEST must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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