PHILIPPART TEXTILES
ActivePHILIPPART TEXTILES has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €-11k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 53% of 11323 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-22
Solvency72▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.41 in 2024; short-term debt: 40.8% and cash: 0.6% of total assets), and 53.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.6%
Return on assets
-13%
Age of the figures
12 mo
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-11k
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 05-03-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
61 d early
2023
49 d early
2022
59 d early
2021
46 d early
2020
80 d early
2019
73 d early
← before the deadline
after the deadline →
neutral · 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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▼ 21.8%
2024 · €49k
2018: €23k
2019: €46k
2020: €41k
2021: €50k
2022: €44k
2023: €52k
2024: €49k
2018 → 2025
Total assets
€82k▼ 19.7%
2024 · €103k
2018: €107k
2019: €86k
2020: €84k
2021: €63k
2022: €52k
2023: €121k
2024: €103k
2018 → 2025
Net result
€-11k▼ 272%
2024 · €-3k
2018: €22k
2019: €24k
2020: €10k
2021: €9k
2022: €13k
2023: €8k
2024: €-3k
2018 → 2025
Working capital
€7k▼ 43.7%
2024 · €12k
2018: €43k
2019: €58k
2020: €43k
2021: €44k
2022: €26k
2023: €8k
2024: €12k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€44k▼ 11.9%€52k▲ 17.8%€49k▼ 5.5%€38k▼ 21.8%
Operating result€17k-€20k▲ 14.0%€14k▼ 29.9%€1k▼ 89.9%€-8k
Net result€9k-€13k▲ 52.5%€8k▼ 39.9%€-3k€-11k▼ 272%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €1k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€42k▼ 32.8%
Current assets
€40k▲ 1.0%
Equity and liabilities €82k
Equity
€38k▼ 21.8%
Debt
€44k▼ 17.8%
The debt ratio rises from 52.2% to 53.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€15k▼
2024 · €24k
Cash flow
€12k▼
2024 · €20k
Solvency
46.6%▼
2024 · 47.8%
Current ratio
1.19▼
2024 · 1.41
Quick ratio
1.19▼
2024 · 1.41
Debt / equity
1.15▲
2024 · 1.09
ROE
-27.8%▼
2024 · -5.9%
ROA
-13.0%▼
2024 · -2.8%
Interest coverage
4.84▼
2024 · 6.77
Debt
€44k▼
2024 · €54k
Debt ≤ 1 year
€34k▲
2024 · €28k
Debt > 1 year
€10k▼
2024 · €25k
Income taxes
€336▼
2024 · €1k
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€103k€82k▼
Fixed assets21/28€63k€42k▼
Tangible fixed assets22/27€60k€39k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€55k€34k▼
Other tangible fixed assets26€5k€3k▼
Financial fixed assets28€3k€3k=
Current assets29/58€40k€40k▲
Amounts receivable within one year40/41€17k€12k▼
Trade receivables40€9k€3k▼
Other amounts receivable41€9k€9k▲
Cash at bank and in hand54/58€279€496▲
Deferred charges and accrued income490/1€22k€28k▲
Equity and liabilities
Total equity and liabilities10/49€103k€82k▼
Equity10/15€49k€38k▼
Contributions10/11€500€500=
Reserves13€51k€51k=
Distributable reserves133€51k€51k=
Profit (loss) carried forward14€-3k€-14k▼
Amounts payable17/49€54k€44k▼
Amounts payable after more than one year17€25k€10k▼
Financial debts170/4€25k€10k▼
Amounts payable within one year42/48€28k€34k▲
Current portion of amounts payable after more than one year42€14k€15k▲
Financial debts43€5k€13k▲
Credit institutions430/8€5k€13k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€2k€7▼
Remuneration and social security454/9€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k▼
Other operating charges640/8€714€1k▲
Gross operating margin9900€25k€16k▼
Operating profit (loss)9901€1k€-8k▼
Financial income75/76B€386€547▲
Recurring financial income75€386€547▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-2k€-10k▼
Income taxes67/77€1k€336▼
Profit (loss) for the period9904€-3k€-11k▼
Profit (loss) for the period to be appropriated9905€-3k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-14k▼
Profit (loss) brought forward from the previous period14P-€-3k
The notes to these accounts (12 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
05-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €24k ▲12.6%
Operating result €35k, net result €24k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 4.38
Current ratio from 1.86 to 4.38; short-term debt falls from €50k to €17k.
18-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-02
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
2 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, Kortrijk · 1 establishment unit since 2000
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.
Min. Vanden Peereboomlaan(Kor) 558500 KortrijkGround area
830 m²
Building footprint
145 m²
Volume, LiDAR
1,618 m³
Parcel 34022E0547/00H013, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Min. Vanden Peereboomlaan(Kor) 55, 8500 Kortrijk
since 20002.099.342.096
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0547/00H013 | Flanders | 830 m² | 1 · 145 m² | 15.0 m · 4 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.
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MAD agency
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Of 1,276 companies in sector 46160 we hold annual accounts for 686. 509 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-08-1999
Fiscal year end30-09
Activities, NACEBEL
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
51160
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.