Philippe de Balanda
Judicial reorganisationThe file of Philippe de Balanda contains 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2024 annual accounts show equity of €330k and a net result of €151k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 47% of 37959 sector peers (fiscal year 2024).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. An ongoing judicial reorganisation from the Belgian State Gazette caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency80▲+17
Growth78=
Track record60
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity ample (current ratio 2.22 against 1.6 in 2023; short-term debt: 44.7% and cash: 3.5% of total assets), and 44.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
13 d early
2022
29 d late
2021
30 d late
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€330k▲ 84.7%
2023 · €179k
2018: €95k
2019: €133k
2020: €81k
2021: €114k
2022: €34k
2023: €179k
2018 → 2024
Total assets
€597k▲ 28.1%
2023 · €466k
2018: €491k
2019: €536k
2020: €447k
2021: €642k
2022: €596k
2023: €466k
2018 → 2024
Net result
€151k▲ 4.4%
2023 · €145k
2018: €82k
2019: €37k
2020: €-51k
2021: €53k
2022: €-81k
2023: €145k
2018 → 2024
Working capital
€325k▲ 89.1%
2023 · €172k
2018: €320k
2019: €352k
2020: €304k
2021: €411k
2022: €227k
2023: €172k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€81k-€114k▲ 40.6%€34k▼ 70.5%€179k▲ 430%€330k▲ 84.7%
Operating result€-50k-€70k€-51k€215k€202k▼ 5.8%
Net result€-51k-€53k€-81k€145k€151k▲ 4.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 6% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €597k
Fixed assets
€5k▼ 25.0%
Current assets
€591k▲ 28.9%
Equity and liabilities €597k
Equity
€330k▲ 84.7%
Debt
€267k▼ 7.1%
The debt ratio falls from 61.6% to 44.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€204k▼
2023 · €216k
Cash flow
€153k▲
2023 · €146k
Solvency
55.3%▲
2023 · 38.4%
Current ratio
2.22▲
2023 · 1.60
Quick ratio
2.22▲
2023 · 1.56
Debt / equity
0.81▼
2023 · 1.61
ROE
45.8%▼
2023 · 81.1%
ROA
25.4%▼
2023 · 31.1%
Interest coverage
19.49▲
2023 · 13.96
Debt
€267k▼
2023 · €287k
Debt ≤ 1 year
€267k▼
2023 · €287k
Income taxes
€61k▼
2023 · €67k
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€466k€597k▲
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€7k€5k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€1k€844▼
Other tangible fixed assets26€4k€3k▼
Current assets29/58€459k€591k▲
Amounts receivable after more than one year29€270k€270k=
Other amounts receivable291€270k€270k=
Stocks and contracts in progress3€12k€0▼
Stocks30/36€12k€0▼
Amounts receivable within one year40/41€158k€288k▲
Trade receivables40€2k€22k▲
Other amounts receivable41€156k€266k▲
Cash at bank and in hand54/58€11k€21k▲
Deferred charges and accrued income490/1€8k€12k▲
Equity and liabilities
Total equity and liabilities10/49€466k€597k▲
Equity10/15€179k€330k▲
Contributions10/11€12k€12k=
Reserves13€8k€8k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€158k€309k▲
Amounts payable17/49€287k€267k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€287k€267k▼
Financial debts43€95k€97k▲
Credit institutions430/8€95k€97k▲
Trade debts44€9k€17k▲
Suppliers440/4€9k€17k▲
Taxes, remuneration and social security45€168k€138k▼
Taxes450/3€168k€138k▼
Other amounts payable47/48€15k€15k=
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€0▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€221k€207k▼
Operating profit (loss)9901€215k€202k▼
Financial income75/76B€13k€20k▲
Recurring financial income75€13k€20k▲
Financial charges65/66B€15k€10k▼
Recurring financial charges65€15k€10k▼
Profit (loss) for the period before taxes9903€212k€212k▲
Income taxes67/77€67k€61k▼
Profit (loss) for the period9904€145k€151k▲
Profit (loss) for the period to be appropriated9905€145k€151k▲
Appropriation of the result
Profit (loss) to be appropriated9906€158k€309k▲
Profit (loss) brought forward from the previous period14P€13k€158k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
31-12
Financial
Highest result since 2018net €151k ▲4.4%
Net result €151k, the highest in the series.
31-12
Financial
Equity above €200kEq €330k ▲84.7%
2 profitable years in a row build equity to €330k.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €145k
Net result €145k after one loss-making year.
31-12
Financial
Equity above €150kEq €179k ▲430%
Equity rises from €34k to €179k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
02-08
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · amiable · event 27-07-2023
2022
31-12
Financial
Weakest financial yearnet €-81k ▼252%
Net result drops to €-81k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
31-12
Financial
Equity above €100kEq €114k ▲40.6%
Equity rises from €81k to €114k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Equity above €100kEq €133k ▲39.1%
2 profitable years in a row build equity to €133k.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial 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, Kontich · 1 establishment unit since 2014
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.
Antwerpsesteenweg 1292550 KontichGround area
261 m²
Building footprint
230 m²
Volume, LiDAR
1,601 m³
Parcel 11024B0163/00C003, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Maison et Deco - M&D
since 20142.232.819.442
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0163/00C003 | Flanders | 261 m² | 1 · 230 m² | 11.6 m · 3 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 82,570 companies in sector 70200 we hold annual accounts for 52,574. 37,563 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-07-2014
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46232Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.