PHILIPPE
ActiveSummary
PHILIPPE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €427,783 and a net result of €35,889. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 84% of 46 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+12
Solvency100=
Growth50▲+1
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 16.63 against 42.45 in 2024; short-term debt: 5.6% and cash: 41.7% of total assets), and 9.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 75
Relative position
BE, all sectors
reference
Veterinary activities (NACE 75)
about 90% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
90.7%
Return on assets
7.6%
Age of the figures
12 mo
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 18-02-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 d early
2024
71 d early
2023
62 d early
2022
156 d late
2021
24 d late
2020
17 d late
2019
62 d early
← 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 10 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 company by equity in Quaregnon, Professional and technical services sector#3 oldest company in Quaregnon, Professional and technical services sector#6 company by total assets in Quaregnon, Professional and technical services sector
Turnover
€215,653▲ 11.4%
2024 · €193,572
EBIT margin
17.3%▲ 6.8pp
2024 · 10.5%
Net result
€35,889▲ 106%
2024 · €17,397
Working capital
€413,249▼ 0.4%
2024 · €415,051
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 75, Veterinary activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€161,140▲ 0.9%€145,212▼ 9.9%€166,305▲ 14.5%€193,572▲ 16.4%€215,653▲ 11.4%
Operating result€27,216▼ 11.5%€6,898▼ 74.7%€16,894▲ 145%€20,405▲ 20.8%€37,315▲ 82.9%
Net result€23,724within the sector's middle half▲ 16.9%-€7,957below the sector's middle half€4,575below the sector's middle half€17,397below the sector's middle half▲ 280%€35,889▲ 106%
EBIT margin16.9%▼ 2.4pp4.8%▼ 12.1pp10.2%▲ 5.4pp10.5%▲ 0.4pp17.3%▲ 6.8pp
Equity€426,878above the sector's middle half▲ 5.9%€418,922above the sector's middle half▼ 1.9%€408,497above the sector's middle half▼ 2.5%€425,894above the sector's middle half▲ 4.3%€427,783▲ 0.4%
Total assets€438,041within the sector's middle half▲ 0.7%€424,843within the sector's middle half▼ 3.0%€411,413within the sector's middle half▼ 3.2%€435,906within the sector's middle half▲ 6.0%€471,571▲ 8.2%
Debt€11,162▼ 64.9%€5,921▼ 47.0%€2,917▼ 50.7%€10,012▲ 243%€42,563▲ 325%
Working capital€411,789▲ 8.7%€412,426▲ 0.2%€401,164▼ 2.7%€415,051▲ 3.5%€413,249▼ 0.4%
Solvency97.5%above the sector's middle half▲ 4.8pp98.6%above the sector's middle half▲ 1.2pp99.3%above the sector's middle half▲ 0.7pp97.7%above the sector's middle half▼ 1.6pp90.7%▼ 7.0pp
above
within
below
the middle half (P25 to P75) of NACE 75, Veterinary activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 83% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €471,571
Fixed assets
€31,890 ▲ 194%
Current assets
€439,681 ▲ 3.4%
Equity and liabilities €471,571
Equity
€427,783 ▲ 0.4%
Provisions
€1,225
Debt
€42,563 ▲ 325%
Debt's share of the balance-sheet total rises from 2.3% to 9.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46,175▲
2024 · €22,944
Cash flow
€44,749▲
2024 · €19,937
Current ratio
16.63▼
2024 · 42.45
Quick ratio
16.59▼
2024 · 42.32
Debt to equity
0.10▲
2024 · 0.02
ROE
8.4%▲
2024 · 4.1%
ROA
7.6%▲
2024 · 4.0%
Debt ≤ 1 year
€26,431▲
2024 · €10,012
Debt > 1 year
€16,132
Income taxes
€9,560▲
2024 · €6,929
Staff costs
€247
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €161,140 | €145,212 | €166,305 | €193,572 | €215,653 | ▲ 11.4% |
| Non-recurring operating income76A | €793 | - | - | - | €6,000 | - |
| Goods, raw materials, services and sundry goods60/61 | €124,702 | €128,736 | €143,943 | €169,122 | €174,418 | ▲ 3.1% |
| Remuneration, social security and pensions62 | - | - | - | - | €247 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,380 | €8,593 | €3,965 | €2,539 | €8,860 | ▲ 249% |
| Other operating charges640/8 | €635 | €986 | €1,504 | €1,506 | €813 | ▼ 46.0% |
| Gross operating margin9900 | €37,231 | €16,476 | €22,363 | €24,450 | €47,235 | ▲ 93.2% |
| Operating profit (loss)9901 | €27,216 | €6,898 | €16,894 | €20,405 | €37,315 | ▲ 82.9% |
| Financial income75/76B | €4,498 | €1,986 | €331 | €8,546 | €9,358 | ▲ 9.5% |
| Recurring financial income75 | €2,660 | €1,069 | €331 | €6,399 | €9,358 | ▲ 46.2% |
| Non-recurring financial income76B | €1,839 | €917 | - | €2,147 | - | - |
| Financial charges65/66B | €758 | €9,519 | €14,994 | €4,624 | - | - |
| Recurring financial charges65 | €758 | €9,519 | €14,994 | €4,624 | - | - |
| Non-recurring financial charges66B | - | - | - | €4,624 | - | - |
| Profit (loss) for the period before taxes9903 | €30,957 | -€636 | €2,231 | €24,326 | €46,674 | ▲ 91.9% |
| Transfer from deferred taxes780 | - | - | - | - | €275 | - |
| Transfer to deferred taxes680 | - | - | - | - | €1,500 | - |
| Income taxes67/77 | €7,233 | €7,321 | -€2,344 | €6,929 | €9,560 | ▲ 38.0% |
| Profit (loss) for the period9904 | €23,724 | -€7,957 | €4,575 | €17,397 | €35,889 | ▲ 106% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €825 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €4,500 | - |
| Profit (loss) for the period to be appropriated9905 | €23,724 | -€7,957 | €4,575 | €17,397 | €32,214 | ▲ 85.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €438,041 | €424,843 | €411,413 | €435,906 | €471,571 | ▲ 8.2% |
| Fixed assets21/28 | €15,089 | €6,496 | €7,333 | €10,843 | €31,890 | ▲ 194% |
| Tangible fixed assets22/27 | €15,064 | €6,471 | €7,308 | €10,818 | €31,865 | ▲ 195% |
| Plant, machinery and equipment23 | €2,576 | €1,200 | €600 | - | - | - |
| Furniture and vehicles24 | €12,488 | €5,271 | €6,708 | €10,818 | €31,865 | ▲ 195% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €422,952 | €418,347 | €404,081 | €425,064 | €439,681 | ▲ 3.4% |
| Stocks and contracts in progress3 | €1,573 | €631 | €1,343 | €1,349 | €1,189 | ▼ 11.9% |
| Stocks30/36 | €1,573 | €631 | €1,343 | €1,349 | €1,189 | ▼ 11.9% |
| Amounts receivable within one year40/41 | €162,695 | €165,918 | €141,233 | €133,799 | €90,597 | ▼ 32.3% |
| Trade receivables40 | €88,618 | €97,632 | €87,273 | €92,915 | €79,593 | ▼ 14.3% |
| Other amounts receivable41 | €74,078 | €68,286 | €53,960 | €40,884 | €11,004 | ▼ 73.1% |
| Current investments50/53 | €107,778 | €98,318 | €167,631 | €223,989 | €151,431 | ▼ 32.4% |
| Cash at bank and in hand54/58 | €149,569 | €152,209 | €93,159 | €64,807 | €196,464 | ▲ 203% |
| Deferred charges and accrued income490/1 | €1,336 | €1,271 | €715 | €1,119 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €438,041 | €424,843 | €411,413 | €435,906 | €471,571 | ▲ 8.2% |
| Equity10/15 | €426,878 | €418,922 | €408,497 | €425,894 | €427,783 | ▲ 0.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €361,172 | €361,172 | €350,672 | €367,922 | €369,597 | ▲ 0.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €26,750 | €26,750 | €26,750 | €26,750 | €30,425 | ▲ 13.7% |
| Distributable reserves133 | €332,562 | €332,562 | €322,062 | €339,312 | €337,312 | ▼ 0.6% |
| Profit (loss) carried forward14 | €59,506 | €51,549 | €51,625 | €51,772 | €51,986 | ▲ 0.4% |
| Provisions and deferred taxes16 | - | - | - | - | €1,225 | - |
| Deferred taxes168 | - | - | - | - | €1,225 | - |
| Amounts payable17/49 | €11,162 | €5,921 | €2,917 | €10,012 | €42,563 | ▲ 325% |
| Amounts payable after more than one year17 | - | - | - | - | €16,132 | - |
| Financial debts170/4 | - | - | - | - | €16,132 | - |
| Amounts payable within one year42/48 | €11,162 | €5,921 | €2,917 | €10,012 | €26,431 | ▲ 164% |
| Current portion of amounts payable after more than one year42 | €5,433 | - | - | - | €7,105 | - |
| Financial debts43 | - | - | - | €7,000 | - | - |
| Credit institutions430/8 | - | - | - | €7,000 | - | - |
| Trade debts44 | €3,361 | €5,921 | €2,167 | €1,449 | €11,961 | ▲ 726% |
| Suppliers440/4 | €3,361 | €5,921 | €2,167 | €1,449 | €11,961 | ▲ 726% |
| Taxes, remuneration and social security45 | €2,350 | - | €750 | €1,564 | €2,365 | ▲ 51.2% |
| Taxes450/3 | €2,350 | - | €750 | €1,564 | €2,365 | ▲ 51.2% |
| Other amounts payable47/48 | €19 | - | - | - | €5,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,724 | -€7,957 | €4,575 | €17,397 | €35,889 | ▲ 106% |
| + Depreciation and write-downs630 | €9,380 | €8,593 | €3,965 | €2,539 | €8,860 | ▲ 249% |
| Operating cash flow (approximation) | €33,104 | €636 | €8,540 | €19,937 | €44,749 | ▲ 124% |
| Investment in fixed assets (approximation) | - | €0 | -€4,802 | -€6,049 | -€29,908 | ▼ 394% |
| Change in cash | - | €2,640 | -€59,050 | -€28,352 | €131,657 | ▲ 564% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
18-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 156 days late
30-09
Financial
Back to profitnet €4,575
Net result €4,575 after one loss-making year.
2022
30-09
Financial
Weakest financial yearnet -€7,957
Net result drops to -€7,957, the lowest in the series; recovery starts the following year.
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
30-09
Financial
Liquidity triplescurrent ratio 37.89
Current ratio from 12.92 to 37.89; short-term debt falls from €31,776 to €11,162.
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 17 days late
2020
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Quaregnon · 1 establishment unit since 2004
Ground area
822 m²
Building footprint
162 m²
Volume, LiDAR
990 m³
Parcel 53512D1214/00G003, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PHILIPPE
since 20042.344.528.701
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53512D1214/00G003 | Wallonia | 822 m² | 1 · 162 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600131AI7OOG6US83
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Of 6,089 companies in sector 75000 we hold annual accounts for 1,951. 1,423 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-05-2004
Fiscal year end30-09
Activities, NACEBEL 2025
75000Veterinary services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0865388963
Also
9925:BE0865388963
Registered
09-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.