Philip Van Hoornick

Active

Private limited companyfounded 1992active for 34 yearsBalgerhoekstraat 107, 8750 Wingene, BelgiumKBO/BCE: BE 0447.971.338

Summary

Philip Van Hoornick has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €276,264 and a net result of €31,246, of which €30,281 non-recurring income. Equity remains stable across the filed financial years (±0.3% per year). Its solvency ranks better than 53% of 835 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow Report Compare

Philip Van HoornickActiveChecked score 69/100

Risk analysis Report Compare

Activity

Other education

NACE 85599

1 site

Size

€469,736total assets 2025

Equity: €276,264
Profit: €31,246

Turnover not published (abbreviated or micro format)

Financial health

69 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.8%

Structure

2025 accounts filed 12 days late2 of 4 deeds summarised

Why 69raises risk1 change of registered office in 24 monthsSector: Food and beverage service activities (NACE 56)lowers riskFigures for financial year 2025 (filed 12-08-2026)Founded in 1992Show the evidence

Checked score

Score 2025

69 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 60% of its sector peers (NACE 56, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 84-5

equity 58.8% of total assets

Liquidity 48+3

short-term debt 16.5% · cash 2.0%

Profitability 77+7

return on assets 6.7%

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,763 companies, NACE 56, micro)

Last 24 months 11-2024: 2.3% 12-2024: 2.3%● unchanged vs 11-2024 01-2025: 2.2%▼ -0.1 percentage points vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.3%▲ +0.1 percentage points vs 03-2025 05-2025: 2.6%▲ +0.3 percentage points vs 04-2025 06-2025: 2.6%● unchanged vs 05-2025 07-2025: 2.8%▲ +0.2 percentage points vs 06-2025 08-2025: 3.1%▲ +0.3 percentage points vs 07-2025 09-2025: 2.0%▼ -1.1 percentage points vs 08-2025 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 5.2%▲ +3.2 percentage points vs 10-2025highest value 12-2025: 5.1%▼ -0.1 percentage points vs 11-2025 01-2026: 1.9%▼ -3.2 percentage points vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 2.0%▲ +0.1 percentage points vs 03-2026 05-2026: 2.3%▲ +0.3 percentage points vs 04-2026 06-2026: 2.3%● unchanged vs 05-2026 07-2026: 2.4%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +0.4 percentage points vs 07-2026 09-2026: 0.8%▼ -2.0 percentage points vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026lowest value

Credit of up to €19,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.12, compared with 0.15 in 2024, below 1; short-term debt: 16.5% and cash: 2% of total assets), and 41.2% 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 56, micro): better than 75% on solvency, 45% on liquidity, 61% on profitability and 59% on growth.

The bankruptcy probability was computed on 25-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

lowers riskraises risk

1 change of registered office in 24 months

Belgian Official Gazette

Sector: Food and beverage service activities (NACE 56)

KBO

Figures for financial year 2025 (filed 12-08-2026)

NBB · annual accounts

Founded in 1992

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €276,264

2025 accounts filed 12 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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

12 days late

2024

1 day late

2023

1 day early

2022

109 days late

2021

150 days late

2020

89 days late

2019

100 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 66 days after the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

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 12 August (4 of the last 5 filed years within 97 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

12-08-2026 Annual accounts filedfinancial year 2025 · abbreviated…
06-10-2025 Registered officeDirector in office · Registered-office…
01-08-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Active since 1992founded 04-08-1992 34 years View
Total assets 20256 financial years filed €469,736 View

By topic

Financials

Financial year: 2025
Total assets: €469,736
Profit: €31,246
Solvency: 58.8%

Total assets▲ 23.6%

Net result

20182025

Go to Financials

Timeline

Events: 40
Since: 1994
Next accounts: by 31-07-2027

31-12-2024Back to profit
30-07-2024Annual accounts filed
12-12-2023Resignation: VAN HOORNICK Philip (manager)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Other educationNACE 85599
Founded: 04-08-1992
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 35

Purpose: “De aan- en verkoop van vis en alle aanverwante producten,de verwerking ervan zowel in het…” (deed in Dutch)

Go to Articles of association

Key facts about Philip Van Hoornick

What is the company number of Philip Van Hoornick?: 0447.971.338. In Belgium the VAT number is the company number with BE in front: BE 0447.971.338.
Where is Philip Van Hoornick based?: The registered office is at Balgerhoekstraat 107, 8750 Wingene.Company details
What does Philip Van Hoornick do?: According to the KBO register, the main activity is other education (NACE 85599).
What is the legal form of Philip Van Hoornick?: Private limited company (BV).
When was Philip Van Hoornick founded?: On 04-08-1992.
Is Philip Van Hoornick still active?: Yes, Philip Van Hoornick is an active enterprise in the KBO register.
What is the turnover of Philip Van Hoornick?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Philip Van Hoornick profitable?: In financial year 2025, Philip Van Hoornick made a profit of €31,246.
Where can I find the annual accounts of Philip Van Hoornick?: Philip Van Hoornick filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Philip Van Hoornick due?: By 31-07-2027, for financial year 2026.Timeline