PHILIPPE BOURDEAUD'HUI
ActivePHILIPPE BOURDEAUD'HUI has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.65M and a net result of €1.29M. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 56% of 2916 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
96
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency93▲+14
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €450k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.62 in 2023), and 49.7% 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+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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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 2024Solvency, return and age of the figures
Solvency
50.3%
Return on assets
14%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
92 d late
2022
91 d late
2021
135 d late
2020
173 d late
2019
151 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€4.65M▲ 38.4%
2023 · €3.36M
2018: €1.84M
2019: €2.13M
2020: €2.22M
2021: €2.30M
2022: €2.44M
2023: €3.36M
2018 → 2024
Total assets
€9.25M▲ 17.8%
2023 · €7.86M
2018: €3.35M
2019: €3.75M
2020: €4.45M
2021: €5.16M
2022: €5.99M
2023: €7.86M
2018 → 2024
Net result
€1.29M▲ 40.1%
2023 · €921k
2018: €355k
2019: €290k
2020: €277k
2021: €374k
2022: €527k
2023: €921k
2018 → 2024
Working capital
€3.86M▲ 50.8%
2023 · €2.56M
2018: €1.70M
2019: €1.94M
2020: €1.64M
2021: €1.51M
2022: €1.59M
2023: €2.56M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.22M-€2.30M▲ 3.3%€2.44M▲ 6.2%€3.36M▲ 37.8%€4.65M▲ 38.4%
Operating result€332k-€426k▲ 28.5%€774k▲ 81.5%€1.39M▲ 80.1%€1.76M▲ 26.4%
Net result€277k-€374k▲ 35.3%€527k▲ 40.8%€921k▲ 74.8%€1.29M▲ 40.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 26% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.25M
Fixed assets
€1.10M▼ 7.4%
Current assets
€8.15M▲ 22.2%
Equity and liabilities €9.25M
Equity
€4.65M▲ 38.4%
Debt
€4.60M▲ 2.3%
The debt ratio falls from 57.2% to 49.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€1.85M▲
2023 · €1.53M
Cash flow
€1.38M▲
2023 · €1.05M
Solvency
50.3%▲
2023 · 42.8%
Current ratio
1.90▲
2023 · 1.62
Quick ratio
0.93▲
2023 · 0.78
Debt / equity
0.99▼
2023 · 1.34
ROE
27.8%▲
2023 · 27.4%
ROA
14.0%▲
2023 · 11.7%
Interest coverage
65.77▼
2023 · 78.49
Debt
€4.60M▲
2023 · €4.50M
Debt ≤ 1 year
€4.29M▲
2023 · €4.11M
Debt > 1 year
€308k▼
2023 · €388k
Income taxes
€442k▼
2023 · €455k
Staff costs
€531k▼
2023 · €609k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€7.86M€9.25M▲
Fixed assets21/28€1.19M€1.10M▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€1.17M€1.08M▼
Land and buildings22€1.10M€1.04M▼
Plant, machinery and equipment23€42k€25k▼
Furniture and vehicles24€27k€19k▼
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€18k€18k=
Current assets29/58€6.67M€8.15M▲
Stocks and contracts in progress3€3.48M€4.15M▲
Contracts in progress37€3.48M€4.15M▲
Amounts receivable within one year40/41€863k€1.45M▲
Trade receivables40€814k€1.37M▲
Other amounts receivable41€49k€80k▲
Cash at bank and in hand54/58€2.33M€2.56M▲
Deferred charges and accrued income490/1-€94
Equity and liabilities
Total equity and liabilities10/49€7.86M€9.25M▲
Equity10/15€3.36M€4.65M▲
Contributions10/11€12k€12k=
Reserves13€3.32M€4.62M▲
Tax-exempt reserves132€20k€20k=
Distributable reserves133€3.30M€4.60M▲
Profit (loss) carried forward14€26k€17k▼
Amounts payable17/49€4.50M€4.60M▲
Amounts payable after more than one year17€388k€308k▼
Financial debts170/4€388k€308k▼
Amounts payable within one year42/48€4.11M€4.29M▲
Current portion of amounts payable after more than one year42€84k€80k▼
Financial debts43-€42k
Credit institutions430/8-€42k
Trade debts44€143k€157k▲
Suppliers440/4€143k€157k▲
Taxes, remuneration and social security45€531k€528k▼
Taxes450/3€467k€465k▼
Remuneration and social security454/9€65k€64k▼
Other amounts payable47/48€3.35M€3.49M▲
Income statement
Code20232024
Remuneration, social security and pensions62€609k€531k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€133k€86k▼
Other operating charges640/8€12k€28k▲
Gross operating margin9900€2.15M€2.41M▲
Operating profit (loss)9901€1.39M€1.76M▲
Financial income75/76B€2k€118▼
Recurring financial income75€2k€118▼
Financial charges65/66B€19k€28k▲
Recurring financial charges65€19k€28k▲
Profit (loss) for the period before taxes9903€1.38M€1.73M▲
Income taxes67/77€455k€442k▼
Profit (loss) for the period9904€921k€1.29M▲
Profit (loss) for the period to be appropriated9905€921k€1.29M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.61M€1.32M▼
Profit (loss) brought forward from the previous period14P€690k€26k▼
Transfer to equity691/2€1.59M€1.30M▼
To other reserves6921€1.59M€1.30M▼
Social balance
Average headcount (FTE)908712.011.2▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 92 days late
2024
31-12
Financial
Highest result since 2018net €1.29M ▲40.1%
Operating result €1.76M, net result €1.29M, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 92 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 91 days late
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 135 days late
20-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 173 days late
2020
31-12
Financial
Weakest financial yearnet €277k ▼4.5%
Net result drops to €277k, the lowest in the series; recovery starts the following year.
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 151 days late
2019
31-12
Financial
Equity above €2MEq €2.13M ▲15.7%
2 profitable years in a row build equity to €2.13M.
28-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 89 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 92 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 92 days late
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 92 days late
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, Brussel · 1 establishment unit since 2007
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.
Dieudonné Lefèvrestraat 651020 BrusselGround area
435 m²
Building footprint
737 m²
Volume, LiDAR
7,187 m³
Parcel 21815D0319/00Y003, Brussels · tallest building 16.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PHILIPPE BOURDEAUD'HUI
since 20072.160.111.707
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0319/00Y003 | Brussels | 435 m² | 1 · 737 m² | 16.8 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.
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Of 1,018 companies in sector 69103 we hold annual accounts for 610. 207 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-08-2002
Fiscal year end31-12
Activities, NACEBEL
69103Activities of bailiffs
74113
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.