PHILIPPE CONSTRUCTION
ActiveSummary
For PHILIPPE CONSTRUCTION, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€61,059) and a net result of -€49,756. Equity is shrinking by ~33.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 9598 sector peers (fiscal year 2022). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0▼-19
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2022Solvency, return and age of the figures
Solvency
-309.6%
Return on assets
-252.3%
Age of the figures
45 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-11-2023, 122 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
not filed
2023
not filed
2022
122 d late
2021
29 d late
2019
53 d late
2018
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 74 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€49,756▼ 1,889%
2021 · -€2,502
Working capital
-€61,319▼ 92.9%
2021 · -€31,791
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920212022
Operating result€1,597--€2,558€1,434--€48,883
Net result€720--€6,044-€2,502--€49,756▼ 1,889%
Equity-€15,156--€21,199▼ 39.9%-€31,303--€61,059▼ 95.1%
Total assets€70,553-€71,589▲ 1.5%€77,559-€19,719▼ 74.6%
Debt€85,709-€92,788▲ 8.3%€108,863-€80,778▼ 25.8%
Working capital-€15,363--€21,199▼ 38.0%-€31,791--€61,319▼ 92.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €48,883 after €1,434 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €19,719
Fixed assets
€260 ▼ 46.7%
Current assets
€19,459 ▼ 74.8%
Key figures and ratios
EBITDA
-€48,655▼
2021 · €1,630
Cash flow
-€49,528▼
2021 · -€2,305
Solvency
-309.6%▼
2021 · -40.4%
Current ratio
0.24▼
2021 · 0.71
Quick ratio
0.13▼
2021 · 0.59
Debt to equity
-1.32▲
2021 · -3.48
ROA
-252.3%▼
2021 · -3.2%
Interest coverage
-51.18▼
2021 · 0.48
Debt ≤ 1 year
€80,778▼
2021 · €108,863
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,832 | €207 | €196 | €228 | ▲ 16.2% |
| Other operating charges640/8 | - | - | €1,155 | €528 | ▼ 54.3% |
| Non-recurring operating charges66A | - | - | - | €970 | - |
| Gross operating margin9900 | €4,114 | €2,755 | €2,786 | -€47,157 | ▼ 1,793% |
| Operating profit (loss)9901 | €1,597 | -€2,558 | €1,434 | -€48,883 | ▼ 3,509% |
| Financial income75/76B | - | - | €4 | €78 | ▲ 1,730% |
| Recurring financial income75 | €232 | €29 | €4 | €78 | ▲ 1,730% |
| Financial charges65/66B | - | - | €3,831 | €951 | ▼ 75.2% |
| Recurring financial charges65 | €497 | €457 | €3,389 | €951 | ▼ 71.9% |
| Non-recurring financial charges66B | - | - | €443 | - | - |
| Profit (loss) for the period before taxes9903 | €805 | -€5,722 | -€2,393 | -€49,756 | ▼ 1,979% |
| Income taxes67/77 | €85 | €322 | €109 | - | - |
| Profit (loss) for the period9904 | €720 | -€6,044 | -€2,502 | -€49,756 | ▼ 1,889% |
| Profit (loss) for the period to be appropriated9905 | €720 | -€6,044 | -€2,502 | -€49,756 | ▼ 1,889% |
| Line | 2018 | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €70,553 | €71,589 | €77,559 | €19,719 | ▼ 74.6% |
| Fixed assets21/28 | €207 | - | €488 | €260 | ▼ 46.7% |
| Tangible fixed assets22/27 | €207 | - | €488 | €260 | ▼ 46.7% |
| Furniture and vehicles24 | - | - | €488 | €260 | ▼ 46.7% |
| Current assets29/58 | €70,346 | €71,589 | €77,071 | €19,459 | ▼ 74.8% |
| Stocks and contracts in progress3 | €7,100 | €10,625 | €12,925 | €8,850 | ▼ 31.5% |
| Contracts in progress37 | - | - | €12,925 | €8,850 | ▼ 31.5% |
| Amounts receivable within one year40/41 | €62,173 | €60,716 | €64,146 | €10,410 | ▼ 83.8% |
| Trade receivables40 | - | - | €64,146 | €10,410 | ▼ 83.8% |
| Cash at bank and in hand54/58 | €1,072 | €248 | - | €198 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €70,553 | €71,589 | €77,559 | €19,719 | ▼ 74.6% |
| Equity10/15 | -€15,156 | -€21,199 | -€31,303 | -€61,059 | ▼ 95.1% |
| Contributions10/11 | €18,650 | €18,650 | €18,650 | €18,650 | = |
| Capital10 | - | - | €18,650 | - | - |
| Issued capital100 | - | - | €18,650 | - | - |
| Reserves13 | €12,850 | €12,850 | €12,850 | €12,850 | = |
| Non-distributable reserves130/1 | - | - | €500 | €500 | = |
| Legal reserve130 | - | - | €500 | - | - |
| Reserves not available under the articles1311 | - | - | - | €500 | - |
| Tax-exempt reserves132 | - | - | €12,350 | €12,350 | = |
| Profit (loss) carried forward14 | -€46,656 | -€52,699 | -€62,803 | -€92,559 | ▼ 47.4% |
| Amounts payable17/49 | €85,709 | €92,788 | €108,863 | €80,778 | ▼ 25.8% |
| Amounts payable within one year42/48 | €85,709 | €92,788 | €108,863 | €80,778 | ▼ 25.8% |
| Financial debts43 | - | - | €2,849 | - | - |
| Credit institutions430/8 | - | - | €2,849 | - | - |
| Trade debts44 | €1,936 | €105 | €732 | €1,434 | ▲ 96.0% |
| Suppliers440/4 | - | - | €732 | €1,434 | ▲ 96.0% |
| Taxes, remuneration and social security45 | - | - | €2,026 | €8,579 | ▲ 323% |
| Taxes450/3 | - | - | €2,026 | €8,579 | ▲ 323% |
| Other amounts payable47/48 | - | - | €103,255 | €70,765 | ▼ 31.5% |
| Line | 2018 | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €720 | -€6,044 | -€2,502 | -€49,756 | ▼ 1,889% |
| + Depreciation and write-downs630 | €1,832 | €207 | €196 | €228 | ▲ 16.2% |
| Operating cash flow (approximation) | €2,552 | -€5,837 | -€2,305 | -€49,528 | ▼ 2,048% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - |
| Change in cash | - | -€825 | - | - | - |
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
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
31-12
Financial
Weakest financial yearnet -€49,756
Net result drops to -€49,756, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 53 days late
02-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 672 days late
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 90 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
28-12
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 150 days late
2011
16-12
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 138 days late
2010
31-08
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 31 days late
2009
24-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 24 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Sprimont · 1 establishment unit since 2008
Ground area
120 m²
Building footprint
139 m²
Parcel 62028B1097/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Philippe Construction
since 20082.172.037.658
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62028B1097/00C000 | Wallonia | 120 m² | 1 · 139 m² | - |
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.
Similar companies · same sector and region
LMC Lab
BE 1020.005.478
Sprimont
ATC SOLUTIONS
BE 0705.959.961
Eupen
B.TEST SRL Groupe Delta
BE 0649.535.556
Herve
BACHELET GROUP
BE 0403.885.333
Liège
BACHELET INSPECTION SERVICES
BE 0747.798.734
Liège
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,147 companies in sector 71209 we hold annual accounts for 1,087. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded07-06-2006
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
66210Risk and damage evaluation
68322Real estate appraisal on a fee or contract basis
70200Business and other management consultancy
74999Other professional, scientific and technical activities
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0881699217
Also
9925:BE0881699217
Registered
26-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.