Philip Vertessen
ActivePhilip Vertessen has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.89M and a net result of €5k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 3276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650k at 30 days acceptable
short-term debt: 0.7% and cash: 83.6% of total assets, and 0.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.2%
Return on assets
0.1%
Age of the figures
9 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
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
7 d early
2023
15 d early
2022
28 d early
2021
38 d early
2020
36 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€6.89M▲ 0.1%
2024 · €6.88M
2018: €2.58M
2019: €3.10M
2020: €3.61M
2021: €4.37M
2022: €6.86M
2023: €6.75M
2024: €6.88M
2018 → 2025
Total assets
€6.94M▼ 0.2%
2024 · €6.96M
2018: €7.08M
2019: €7.43M
2020: €9.73M
2021: €9.10M
2022: €8.06M
2023: €6.92M
2024: €6.96M
2018 → 2025
Net result
€5k▼ 96.0%
2024 · €128k
2018: €578k
2019: €522k
2020: €507k
2021: €760k
2022: €2.49M
2023: €-107k
2024: €128k
2018 → 2025
Working capital
€5.76M▲ 1.4%
2024 · €5.68M
2018: €2.46M
2019: €2.60M
2020: €3.14M
2021: €3.89M
2022: €6.26M
2023: €5.56M
2024: €5.68M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.37M-€6.86M▲ 57.1%€6.75M▼ 1.5%€6.88M▲ 1.9%€6.89M▲ 0.1%
Operating result€1.14M-€3.57M▲ 212%€-131k€-5k▲ 96.2%€-37k▼ 642%
Net result€760k-€2.49M▲ 228%€-107k€128k€5k▼ 96.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37k in 2025 against €5k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.94M
Fixed assets
€1.13M▼ 6.3%
Current assets
€5.81M▲ 1.1%
Equity and liabilities €6.94M
Equity
€6.89M▲ 0.1%
Debt
€59k▼ 24.1%
The debt ratio falls from 1.1% to 0.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54k▼
2024 · €84k
Cash flow
€96k▼
2024 · €217k
Solvency
99.2%▲
2024 · 98.9%
Debt / equity
0.01▼
2024 · 0.01
ROE
0.1%▼
2024 · 1.9%
ROA
0.1%▼
2024 · 1.8%
Interest coverage
19.94▲
2024 · 17.31
Debt
€59k▼
2024 · €77k
Debt ≤ 1 year
€51k▼
2024 · €68k
Income taxes
€25k▲
2024 · €14k
A ratio outside any meaningful range has been withheld (balance sheet total €6.94M, equity €6.89M).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.96M€6.94M▼
Fixed assets21/28€1.21M€1.13M▼
Tangible fixed assets22/27€1.20M€1.12M▼
Land and buildings22€1.17M€1.11M▼
Furniture and vehicles24€33k€9k▼
Other tangible fixed assets26-€7k
Financial fixed assets28€7k€7k=
Current assets29/58€5.75M€5.81M▲
Amounts receivable within one year40/41€63k€9k▼
Trade receivables40€19k€3k▼
Other amounts receivable41€43k€6k▼
Current investments50/53€4.53M-
Cash at bank and in hand54/58€1.15M€5.80M▲
Deferred charges and accrued income490/1€18k€2k▼
Equity and liabilities
Total equity and liabilities10/49€6.96M€6.94M▼
Equity10/15€6.88M€6.89M▲
Contributions10/11€12k€12k=
Reserves13€6.87M€6.87M▲
Tax-exempt reserves132€619k€453k▼
Distributable reserves133€6.25M€6.42M▲
Amounts payable17/49€77k€59k▼
Amounts payable within one year42/48€68k€51k▼
Trade debts44€24k€15k▼
Suppliers440/4€24k€15k▼
Taxes, remuneration and social security45€6k€17k▲
Taxes450/3€4k€15k▲
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€38k€20k▼
Accrued charges and deferred income492/3€10k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89k€91k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-2k-
Other operating charges640/8€6k€4k▼
Gross operating margin9900€88k€58k▼
Operating profit (loss)9901€-5k€-37k▼
Financial income75/76B€152k€70k▼
Recurring financial income75€152k€70k▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€142k€30k▼
Income taxes67/77€14k€25k▲
Profit (loss) for the period9904€128k€5k▼
Transfer from tax-exempt reserves789€13k€166k▲
Profit (loss) for the period to be appropriated9905€140k€171k▲
Appropriation of the result
Profit (loss) to be appropriated9906€140k€171k▲
Transfer from equity791/2€833€859▲
Transfer to equity691/2€140k€171k▲
To other reserves6921€140k€171k▲
Profit to be distributed694/7€833€859▲
Return on contributions (dividend)694€833€859▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €128k
Net result €128k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 85.04
Current ratio from 37.41 to 85.04; short-term debt falls from €153k to €68k.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-107k ▼104%
Net result drops to €-107k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 37.41
Current ratio from 6.28 to 37.41; short-term debt falls from €1.19M to €153k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €2.49M ▲228%
Operating result €3.57M, net result €2.49M, both a record.
31-12
Financial
Liquidity triplescurrent ratio 6.28
Current ratio from 1.82 to 6.28; short-term debt falls from €4.72M to €1.19M.
31-12
Financial
Equity above €5MEq €6.86M ▲57.1%
5 profitable years in a row build equity to €6.86M.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Laakdal
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Eindhoutseweg 262431 LaakdalGround area
2,412 m²
Building footprint
237 m²
Volume, LiDAR
1,535 m³
Parcel 13042A0200/00G003, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13042A0200/00G003 | Flanders | 2,412 m² | 1 · 237 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 117 EUR awarded · 117 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 117 EUR | 117 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
549300RJRVR8C9QH6J07
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Of 2,258 companies in sector 69102 we hold annual accounts for 1,754. 449 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2009
Fiscal year end31-12
Activities, NACEBEL
69102Activities of notaries
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.