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PHILIP MULKERS

Active
Private limited companyfounded 1999active for 27 yearsIndustrieweg 1503, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0466.789.734
Summary

PHILIP MULKERS has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €780,047 and a net result of €113,268. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 80% of 9,302 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
General construction of residential buildings
NACE 41001Other specialised construction activities NACE 43990
9th largest company by equity in Herk-de-Stad, Construction sector1 site
Size
€1.1mtotal assets 2025
Staff
2.6 FTE
Equity
€780,047
Profit
€113,268
Turnover not published (micro format)
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts filed 61 days late1 of 3 deeds summarised
Why 90raises riskLast filed accounts filed 61 days late; 1 of the last 3 lateSector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 1999Size: total assets €1.1mShow the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 70% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency 97+10
equity 71.9% of total assets
Liquidity 69+5
short-term debt 14.0% · cash 17.3%
Profitability 82+3
return on assets 10.4%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,431 companies, NACE 41, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 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: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.3 percentage points vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged 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: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%▼ -0.2 percentage points vs 09-2026
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.4, compared with 1.01 in 2024, below the usual 1.5; short-term debt: 14% and cash: 17.3% of total assets), and 28.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 81% on solvency, 74% on liquidity, 64% on profitability and 61% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €1.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
12 days late
2023
122 days early
2022
29 days early
2021
6 days late
2020
57 days early
2019
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% 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 6 August (4 of the last 5 filed years within 55 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignations: MULKERS Philip Frans Dora (statutair…Appointments: MULKERS Philip Frans Dora…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Among the best 5% on net resultsector median €8,523 · 9,292 companies €113,268 View
  • Board changedlatest change 13-04-2026 · 3 in office 3 joined · 1 left View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Positive: 8 profitable years in a rowprofit 2025: €113,268 8 years View

By topic

Financials

Financial year
2025
Total assets
€1.1m
Profit
€113,268
Solvency
71.9%
Total assets▲ 0.5%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
  • MULKERS Lander Els JeroenDirector
  • MULKERS Lotte Raf MiekeDirector
  • MULKERS Philip Frans DoraDirector
Go to Board & ownership

Timeline

Events
29
Since
2001
Next accounts
by 31-07-2027
  1. 31-03-2024Annual accounts filed
  2. 02-07-2023Annual accounts filed
  3. 06-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
03-09-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
33
Who signs
Each director alone
Annual meeting
29 June at 18:00
Purpose
“De fabricatie, groot- en kleinhandel in alle bouwmaterialen, de verhuring van materialen…” (deed in Dutch)
Go to Articles of association

Key facts about PHILIP MULKERS

What is the company number of PHILIP MULKERS?
0466.789.734. In Belgium the VAT number is the company number with BE in front: BE 0466.789.734.
Where is PHILIP MULKERS based?
The registered office is at Industrieweg 1503, 3540 Herk-de-Stad.Company details
What does PHILIP MULKERS do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of PHILIP MULKERS?
Private limited company (BV).
When was PHILIP MULKERS founded?
On 03-09-1999.
Is PHILIP MULKERS still active?
Yes, PHILIP MULKERS is an active enterprise in the KBO register.
How many employees does PHILIP MULKERS have?
On average 2.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PHILIP MULKERS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is PHILIP MULKERS profitable?
In financial year 2025, PHILIP MULKERS made a profit of €113,268.
Where can I find the annual accounts of PHILIP MULKERS?
PHILIP MULKERS filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PHILIP MULKERS due?
By 31-07-2027, for financial year 2026.Timeline

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