Philippe DAIX
ActiveThe file of Philippe DAIX contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.5% (low). The 2025 annual accounts show equity of €452,436 and a net result of €64,559. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 92% of 2076 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+5
Solvency100=
Growth78▲+26
Track record85
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days only on tighter terms
Liquidity ample (current ratio 5.99 against 4.14 in 2024; short-term debt: 16.1% and cash: 0% of total assets), and 16.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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
83.8%
Return on assets
12%
Age of the figures
18 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 11-02-2026, 103 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
103 d late
2024
468 d late
2023
30 d late
2022
30 d late
2021
30 d late
2020
30 d late
2019
29 d late
← 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 103 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 November (4 of the last 5 filed years within 73 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€64,559▲ 63.4%
2024 · €39,519
Working capital
€433,760▲ 20.4%
2024 · €360,402
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Operating result€10,102€55,496▲ 449%€25,180▼ 54.6%€31,831▲ 26.4%€60,047▲ 88.6%
Net result€23,244within the sector's middle half▲ 350%€54,100above the sector's middle half▲ 133%€33,122above the sector's middle half▼ 38.8%€39,519within the sector's middle half▲ 19.3%€64,559within the sector's middle half▲ 63.4%
Equity€261,136above the sector's middle half▲ 9.8%€315,236above the sector's middle half▲ 20.7%€348,358above the sector's middle half▲ 10.5%€387,877within the sector's middle half▲ 11.3%€452,436within the sector's middle half▲ 16.6%
Total assets€344,564above the sector's middle half▲ 15.6%€392,754above the sector's middle half▲ 14.0%€445,931above the sector's middle half▲ 13.5%€503,479within the sector's middle half▲ 12.9%€539,599within the sector's middle half▲ 7.2%
Debt€83,429▲ 38.4%€77,518▼ 7.1%€97,573▲ 25.9%€115,602▲ 18.5%€87,163▼ 24.6%
Working capital€245,954above the sector's middle half▲ 11.7%€301,738above the sector's middle half▲ 22.7%€341,376above the sector's middle half▲ 13.1%€360,402within the sector's middle half▲ 5.6%€433,760within the sector's middle half▲ 20.4%
Solvency75.8%above the sector's middle half▼ 4.0pp80.3%above the sector's middle half▲ 4.5pp78.1%above the sector's middle half▼ 2.1pp77.0%above the sector's middle half▼ 1.1pp83.8%above the sector's middle half▲ 6.8pp
Current ratio4.42above the sector's middle half▼ 1.565.28above the sector's middle half▲ 0.874.64above the sector's middle half▼ 0.644.14above the sector's middle half▼ 0.505.99above the sector's middle half▲ 1.86
Return on assets (ROA)6.7%within the sector's middle half▲ 5.0pp13.8%within the sector's middle half▲ 7.0pp7.4%within the sector's middle half▼ 6.3pp7.8%within the sector's middle half▲ 0.4pp12.0%above the sector's middle half▲ 4.1pp
Staff (FTE)2.6▲ 13.0%2.4▼ 7.7%2.4=1.5below the sector's middle half▼ 37.5%0.5below the sector's middle half▼ 66.7%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 89% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €539,599
Fixed assets
€18,974 ▼ 32.8%
Current assets
€520,625 ▲ 9.5%
Equity and liabilities €539,599
Equity
€452,436 ▲ 16.6%
Debt
€87,163 ▼ 24.6%
Debt's share of the balance-sheet total falls from 23.0% to 16.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€69,699▲
2024 · €40,913
Cash flow
€74,211▲
2024 · €48,601
Quick ratio
5.89▲
2024 · 4.05
Debt to equity
0.19▼
2024 · 0.30
ROE
14.3%▲
2024 · 10.2%
Interest coverage
25.22▲
2024 · 15.16
Debt ≤ 1 year
€86,864▼
2024 · €114,852
Debt > 1 year
€0=
2024 · €0
Income taxes
€20,497▲
2024 · €12,096
Staff costs
€25,742▼
2024 · €44,415
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 31,370 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,295 | €5,190 | €14,617 | €1,406 | ▼ 90.4% |
| Remuneration, social security and pensions62 | - | €80,067 | €60,590 | €44,415 | €25,742 | ▼ 42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,516 | €9,565 | €9,812 | €9,082 | €9,652 | ▲ 6.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0 | €0 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0 | €0 | - |
| Other operating charges640/8 | - | €7,114 | €6,459 | €4,242 | €2,560 | ▼ 39.7% |
| Non-recurring operating charges66A | - | €0 | - | €0 | €0 | - |
| Gross operating margin9900 | €129,173 | €152,242 | €102,042 | €89,570 | €98,001 | ▲ 9.4% |
| Operating profit (loss)9901 | €10,102 | €55,496 | €25,180 | €31,831 | €60,047 | ▲ 88.6% |
| Financial income75/76B | - | €16,978 | €20,879 | €22,483 | €27,772 | ▲ 23.5% |
| Recurring financial income75 | €21,372 | €16,978 | €20,879 | €22,483 | €27,772 | ▲ 23.5% |
| Non-recurring financial income76B | - | - | - | €0 | €0 | - |
| Financial charges65/66B | - | €1,545 | €938 | €2,700 | €2,763 | ▲ 2.4% |
| Recurring financial charges65 | €1,027 | €1,545 | €938 | €2,700 | €2,763 | ▲ 2.4% |
| Non-recurring financial charges66B | - | - | - | €0 | €0 | - |
| Profit (loss) for the period before taxes9903 | €30,448 | €70,930 | €45,122 | €51,615 | €85,056 | ▲ 64.8% |
| Transfer from deferred taxes780 | - | - | - | €0 | €0 | - |
| Transfer to deferred taxes680 | - | - | - | €0 | €0 | - |
| Income taxes67/77 | €7,204 | €16,829 | €12,000 | €12,096 | €20,497 | ▲ 69.5% |
| Profit (loss) for the period9904 | €23,244 | €54,100 | €33,122 | €39,519 | €64,559 | ▲ 63.4% |
| Transfer from tax-exempt reserves789 | - | - | - | €0 | €0 | - |
| Transfer to tax-exempt reserves689 | - | - | - | €0 | €0 | - |
| Profit (loss) for the period to be appropriated9905 | €23,244 | €54,100 | €33,122 | €39,519 | €64,559 | ▲ 63.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €344,564 | €392,754 | €445,931 | €503,479 | €539,599 | ▲ 7.2% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €26,635 | €20,594 | €10,781 | €28,225 | €18,974 | ▼ 32.8% |
| Intangible fixed assets21 | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €26,635 | €20,594 | €10,781 | €28,225 | €18,974 | ▼ 32.8% |
| Land and buildings22 | - | - | - | €0 | €0 | - |
| Plant, machinery and equipment23 | - | €7,205 | €4,547 | €16,295 | €14,752 | ▼ 9.5% |
| Furniture and vehicles24 | - | €5,402 | €3,411 | €9,962 | €2,746 | ▼ 72.4% |
| Leasing and similar rights25 | - | €4,308 | €0 | €0 | €0 | - |
| Other tangible fixed assets26 | - | €3,679 | €2,824 | €1,968 | €1,476 | ▼ 25.0% |
| Assets under construction and advance payments27 | - | - | - | €0 | €0 | - |
| Financial fixed assets28 | - | - | - | €0 | €0 | - |
| Current assets29/58 | €317,929 | €372,160 | €435,150 | €475,254 | €520,625 | ▲ 9.5% |
| Amounts receivable after more than one year29 | - | - | - | €0 | €0 | - |
| Trade receivables290 | - | - | - | €0 | €0 | - |
| Other amounts receivable291 | - | - | - | €0 | €0 | - |
| Stocks and contracts in progress3 | €9,985 | €8,945 | €9,680 | €10,525 | €8,996 | ▼ 14.5% |
| Stocks30/36 | - | €8,945 | €9,680 | €10,525 | €8,996 | ▼ 14.5% |
| Contracts in progress37 | - | - | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | €303,238 | €347,445 | €417,024 | €463,712 | €510,560 | ▲ 10.1% |
| Trade receivables40 | - | €73,443 | €43,803 | €34,776 | €46,851 | ▲ 34.7% |
| Other amounts receivable41 | - | €274,002 | €373,221 | €428,936 | €463,709 | ▲ 8.1% |
| Cash at bank and in hand54/58 | €4,707 | €15,770 | €8,446 | €401 | €150 | ▼ 62.6% |
| Deferred charges and accrued income490/1 | - | - | - | €616 | €918 | ▲ 49.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €344,564 | €392,754 | €445,931 | €503,479 | €539,599 | ▲ 7.2% |
| Equity10/15 | €261,136 | €315,236 | €348,358 | €387,877 | €452,436 | ▲ 16.6% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Uncalled capital101 | - | - | - | €0 | €0 | - |
| Outside capital11 | - | - | - | €0 | €0 | - |
| Share premium1100/10 | - | - | - | €0 | €0 | - |
| Other1109/19 | - | - | - | €0 | €0 | - |
| Revaluation surpluses12 | - | - | - | €0 | €0 | - |
| Reserves13 | €22,260 | €22,260 | €22,260 | €22,260 | €22,260 | = |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | - | - | - | €0 | €0 | - |
| Own shares acquired1312 | - | - | - | €0 | €0 | - |
| Financial assistance1313 | - | - | - | €0 | €0 | - |
| Other1319 | - | - | - | €0 | €0 | - |
| Tax-exempt reserves132 | - | €11,060 | €11,060 | €11,060 | €11,060 | = |
| Distributable reserves133 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €176,876 | €230,976 | €264,098 | €303,617 | €368,176 | ▲ 21.3% |
| Investment grants15 | - | - | - | €0 | €0 | - |
| Advance to shareholders on the distribution of net assets19 | - | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | - | - | - | €0 | €0 | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0 | €0 | - |
| Pensions and similar obligations160 | - | - | - | €0 | €0 | - |
| Taxes161 | - | - | - | €0 | €0 | - |
| Major repairs and maintenance162 | - | - | - | €0 | €0 | - |
| Environmental obligations163 | - | - | - | €0 | €0 | - |
| Other liabilities and charges164/5 | - | - | - | €0 | €0 | - |
| Deferred taxes168 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €83,429 | €77,518 | €97,573 | €115,602 | €87,163 | ▼ 24.6% |
| Amounts payable after more than one year17 | €7,654 | €3,296 | €0 | €0 | €0 | - |
| Financial debts170/4 | - | €3,296 | €0 | €0 | €0 | - |
| Trade debts175 | - | - | - | €0 | €0 | - |
| Advances received on contracts in progress176 | - | - | - | €0 | €0 | - |
| Other amounts payable178/9 | - | - | - | €0 | €0 | - |
| Amounts payable within one year42/48 | €71,975 | €70,422 | €93,773 | €114,852 | €86,864 | ▼ 24.4% |
| Current portion of amounts payable after more than one year42 | - | €4,357 | €3,296 | €733 | - | - |
| Financial debts43 | - | - | - | €3,927 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €3,927 | - | - |
| Other loans439 | - | - | - | €0 | €0 | - |
| Trade debts44 | €42,425 | €30,910 | €46,108 | €70,082 | €49,182 | ▼ 29.8% |
| Suppliers440/4 | - | €30,910 | €46,108 | €70,082 | €49,182 | ▼ 29.8% |
| Bills of exchange payable441 | - | - | - | €0 | €0 | - |
| Advances received on contracts in progress46 | - | - | - | €0 | €0 | - |
| Taxes, remuneration and social security45 | - | €35,155 | €44,369 | €40,110 | €37,683 | ▼ 6.1% |
| Taxes450/3 | - | €19,137 | €30,478 | €37,185 | €37,683 | ▲ 1.3% |
| Remuneration and social security454/9 | - | €16,018 | €13,892 | €2,925 | - | - |
| Other amounts payable47/48 | - | - | - | €0 | €0 | - |
| Accrued charges and deferred income492/3 | - | €3,800 | €3,800 | €750 | €299 | ▼ 60.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,244 | €54,100 | €33,122 | €39,519 | €64,559 | ▲ 63.4% |
| + Depreciation and write-downs630 | €9,516 | €9,565 | €9,812 | €9,082 | €9,652 | ▲ 6.3% |
| Operating cash flow (approximation) | €32,760 | €63,665 | €42,934 | €48,601 | €74,211 | ▲ 52.7% |
| Investment in fixed assets (approximation) | - | -€3,524 | €0 | -€26,525 | -€401 | ▲ 98.5% |
| Change in cash | - | €11,063 | -€7,324 | -€8,045 | -€251 | ▲ 96.9% |
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
24-02
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise de Liège, division Namur · event 19-02-2026
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 103 days late
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 468 days late
06-02
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 22-01-2026
2025
31-03
Financial
Highest result since 2019net €64,559 ▲63.4%
Operating result €60,047, net result €64,559, both a record.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Weakest financial yearnet €5,161 ▼87.7%
Net result drops to €5,161, the lowest in the series; recovery starts the following year.
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2017
01-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2016
08-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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, Namur · 1 establishment unit since 1992
Ground area
1,606 m²
Building footprint
132 m²
Volume, LiDAR
801 m³
Parcel 92078C0084/00E002, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Grand Cortil (LO) 85, 5101 Namur
since 19922.056.625.474
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92078C0084/00E002 | Wallonia | 1,606 m² | 1 · 132 m² | 8.6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SARAH LECLERE RUE DE BEHOGNE 78, 5580 ROCHE-
FORT |
22-01-2026 → 19-02-2026 |
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Of 9,537 companies in sector 43222 we hold annual accounts for 5,668. 4,136 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded31-12-1991
Fiscal year end31-03
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43240Other construction installation
43410Roofing work
47552Retail sale of lighting equipment
Contact
E-mail
daixp@skynet.be
Phone
081/582517
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446294525
Registered
18-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.