Philipp's Partyservice

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Philipp's Partyservice is 3.9% (moderate). The 2025 annual accounts show equity of €25k and a net result of €14k. Equity is growing by ~74.7% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 4 filed financial years, each closing on 30-09. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-09-2025, that is 30-04-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-09-2025	30-04-2026	24-03-2026	37 d early	2026-00060554
30-09-2024	30-04-2025	28-03-2025	33 d early	2025-00056585
30-09-2023	30-04-2024	28-03-2024	33 d early	2024-00051052
30-09-2022	30-04-2023	08-03-2023	53 d early	2023-00038367

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

3.9% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€14k-33.9%

Working capital€8k-52.0%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 24-03-2026 with the NBB · fiscal year 2025 · ander

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~74.7%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€28k

-45.5% 22-25

Net profit

€14k

-33.9% 22-25

Cash flow

€23k

-46.7% 22-25

Total assets

€52k

+11.0% 22-25

Equity

€25k

-23.0% 22-25

Working capital

€8k

-52.0% 22-25

Employees (FTE)

3

+20.0% 22-25

Staff costs

€5k

-34.7% 22-25

Show 12 other metrics

Income taxes

€5k

-37.6% 22-25

Dividends

€22k

+1200.5% 22-25

Debt

€27k

+85.7% 22-25

Debt ≤ 1y

€27k

+85.7% 22-25

Debt > 1y

€1k

- 22-25

Current ratio

1.30

-39.9% 22-25

Quick ratio

1.26

-39.6% 22-25

Solvency

47.7%

-30.6% 22-25

Debt / equity

1.10

+141.0% 22-25

ROE

57.4%

-14.2% 22-25

ROA

27.4%

-40.4% 22-25

Interest coverage

92.88

-47.9% 22-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	ander
Revenue	-
EBITDA	€28k
Net profit	€14k
Cash flow	€23k
Staff costs	€5k
Income taxes	€5k
Dividends	€22k
Total assets	€52k
Equity	€25k
Debt	€27k
of which ≤ 1y	€27k
of which > 1y	-
Working capital	€8k
Employees (FTE)	3.0

Ratios (computed)

	2025
Current ratio	1.30
Quick ratio	1.26
Working capital ratio	15.7%
Solvency	47.7%
Debt / equity	1.10
Long-term debt ratio	-
Interest coverage	92.88
Gross margin	-
Net margin	-
ROA	27.4%
ROE	57.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €17k · 32.0% Current assets €35k · 68.0%

Equity & liabilities

Equity €25k · 47.7% Debt €27k · 52.3%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€52k
Fixed assets	21/28	€17k
Tangible fixed assets	22/27	€17k
Current assets	29/58	€35k
Stocks & contracts in progress	3	€1k
Amounts receivable within one year	40/41	€8k
Cash & bank	54/58	€24k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€52k
Equity	10/15	€25k
Contributions / capital	10/11	€8k
Accumulated profits (losses)	14	€17k
Amounts payable	17/49	€27k
Amounts payable within one year	42/48	€27k
Trade debts payable within one year	44	€4k
Income statement
Gross operating margin	9900	€36k
Operating result	9901	€19k
Financial income	75	€250
Financial charges	65	€306
Result before taxes	9903	€19k
Income taxes	67/77	€5k
Net result for the period	9904	€14k
Result to be appropriated	9905	€14k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

78 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Rue d'Aix la Chapelle 2214701 Eupen

Establishment units

1 location

Philipp's Partyservice

Rue d'Aix la Chapelle 221, 4701 EupenGroothandel in dranken, algemeen assortiment

since 20212.324.125.443

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area539 m²

Buildings1

Building footprint100 m²

Volume (LiDAR)923 m³

Tallest building11.0 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63041G0272/00V008	Wallonia	538 m²	1 · 100 m²	11.0 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.