PHILIPPE TURCO
ActivePHILIPPE TURCO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €20k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 36% of 12665 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency66▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.77 in 2024; short-term debt: 59.3% and cash: 6.4% of total assets), but 59.3% 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 · 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
40.7%
Return on assets
44.8%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-04-2026, 92 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
92 d early
2024
26 d late
2023
16 d early
2022
14 d early
2021
52 d early
2020
12 d early
2019
14 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k=
2024 · €19k
2019: €72k
2020: €112k
2021: €19k
2022: €19k
2023: €19k
2024: €19k
2019 → 2025
Total assets
€46k▲ 6.9%
2024 · €43k
2019: €93k
2020: €154k
2021: €92k
2022: €58k
2023: €37k
2024: €43k
2019 → 2025
Net result
€20k▼ 9.0%
2024 · €22k
2019: €60k
2020: €39k
2021: €24k
2022: €28k
2023: €19k
2024: €22k
2019 → 2025
Working capital
€19k=
2024 · €19k
2019: €55k
2020: €58k
2021: €-17k
2022: €1k
2023: €19k
2024: €19k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€19k=€19k=€19k=€19k=
Operating result€32k-€37k▲ 17.1%€27k▼ 28.6%€27k▲ 1.9%€25k▼ 8.4%
Net result€24k-€28k▲ 14.7%€19k▼ 30.1%€22k▲ 15.7%€20k▼ 9.0%
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 2025; 2025 is 8% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €46k
Equity
€19k=
Debt
€27k▲ 12.3%
The debt ratio rises from 56.5% to 59.3%. Debt is higher.
Key figures and ratios
Solvency
40.7%▼
2024 · 43.5%
Current ratio
1.69▼
2024 · 1.77
Quick ratio
1.69▼
2024 · 1.77
Debt / equity
1.46▲
2024 · 1.30
ROE
110.2%▼
2024 · 121.1%
ROA
44.8%▼
2024 · 52.7%
Debt
€27k▲
2024 · €24k
Debt ≤ 1 year
€27k▲
2024 · €24k
Income taxes
€6k▼
2024 · €7k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€43k€46k▲
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Furniture and vehicles24€0€0=
Current assets29/58€43k€46k▲
Amounts receivable after more than one year29€28k€31k▲
Other amounts receivable291€28k€31k▲
Amounts receivable within one year40/41€10k€12k▲
Trade receivables40€10k€12k▲
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€188€0▼
Equity and liabilities
Total equity and liabilities10/49€43k€46k▲
Equity10/15€19k€19k=
Contributions10/11€19k€19k=
Amounts payable17/49€24k€27k▲
Amounts payable within one year42/48€24k€27k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€22k€21k▼
Taxes450/3€22k€21k▼
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€29k€26k▼
Operating profit (loss)9901€27k€25k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€74€501▲
Recurring financial charges65€74€501▲
Profit (loss) for the period before taxes9903€29k€26k▼
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€22k€20k▼
Profit (loss) for the period to be appropriated9905€22k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€20k▼
Profit to be distributed694/7€22k€20k▼
Return on contributions (dividend)694€22k€20k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €19k ▼30.1%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €112k ▲54.7%
2 profitable years in a row build equity to €112k.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial 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, Zemst
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.
Joseph Wauterslaan 21981 ZemstGround area
827 m²
Building footprint
159 m²
Volume, LiDAR
849 m³
Parcel 23034B0018/00E000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23034B0018/00E000 | Flanders | 827 m² | 1 · 159 m² | 8.7 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 22,051 companies in sector 69101 we hold annual accounts for 9,053. 6,011 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-06-2018
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.