Philippe Wangen
ActiveThe computed 12-month bankruptcy probability of Philippe Wangen is 2.0% (moderate). The 2025 annual accounts show equity of €76k and a net result of €9k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 87% of 27676 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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
Profitability81▲+8
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.67 against 14.7 in 2024; short-term debt: 17.7% and cash: 24.1% of total assets), and 17.7% 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
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
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
Sector 43
higher
← 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
82.3%
Return on assets
9.7%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
8 d early
2024
1 d early
2023
on the day
2022
20 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▲ 13.4%
2024 · €67k
2022: €64k
2023: €57k
2024: €67k
2022 → 2025
Total assets
€93k▲ 33.1%
2024 · €70k
2022: €90k
2023: €85k
2024: €70k
2022 → 2025
Net result
€9k▼ 8.7%
2024 · €10k
2022: €62k
2023: €-11k
2024: €10k
2022 → 2025
Working capital
€44k▲ 31.2%
2024 · €33k
2022: €6k
2023: €36
2024: €33k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€64k-€57k▼ 10.8%€67k▲ 17.2%€76k▲ 13.4%
Operating result€77k-€-13k€12k€11k▼ 12.0%
Net result€62k-€-11k€10k€9k▼ 8.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€32k▼ 4.2%
Current assets
€60k▲ 68.0%
Equity and liabilities €93k
Equity
€76k▲ 13.4%
Debt
€16k▲ 573%
The debt ratio rises from 3.5% to 17.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▼
2024 · €15k
Cash flow
€11k▼
2024 · €12k
Solvency
82.3%▼
2024 · 96.5%
Current ratio
3.67▼
2024 · 14.70
Quick ratio
3.43▼
2024 · 13.18
Debt / equity
0.22▲
2024 · 0.04
ROE
11.8%▼
2024 · 14.7%
ROA
9.7%▼
2024 · 14.2%
Interest coverage
72.42▲
2024 · -28.28
Debt
€16k▲
2024 · €2k
Debt ≤ 1 year
€16k▲
2024 · €2k
Income taxes
€3k▼
2024 · €3k
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€70k€93k▲
Fixed assets21/28€34k€32k▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€30k€31k▲
Current assets29/58€36k€60k▲
Stocks and contracts in progress3€4k€4k▲
Stocks30/36€4k€4k▲
Amounts receivable within one year40/41€17k€33k▲
Trade receivables40€15k€20k▲
Other amounts receivable41€2k€13k▲
Cash at bank and in hand54/58€15k€22k▲
Deferred charges and accrued income490/1€0€702▲
Equity and liabilities
Total equity and liabilities10/49€70k€93k▲
Equity10/15€67k€76k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€65k€74k▲
Amounts payable17/49€2k€16k▲
Amounts payable within one year42/48€2k€16k▲
Trade debts44€2k€16k▲
Suppliers440/4€2k€16k▲
Advances received on contracts in progress46€437€0▼
Other amounts payable47/48€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€705€2k▲
Gross operating margin9900€16k€15k▼
Operating profit (loss)9901€12k€11k▼
Financial income75/76B€0€1k▲
Recurring financial income75€0€1k▲
Financial charges65/66B€-529€186▲
Recurring financial charges65€-529€186▲
Profit (loss) for the period before taxes9903€13k€12k▼
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€10k€9k▼
Profit (loss) for the period to be appropriated9905€10k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€74k▲
Profit (loss) brought forward from the previous period14P€55k€65k▲
The notes to these accounts (8 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
31-12
Financial
Liquidity times 15current ratio 14.70
Current ratio from 1.00 to 14.70; short-term debt falls from €27k to €2k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-11k ▼118%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zoersel · 1 establishment unit since 2021
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.
Sniederspad 1452980 ZoerselGround area
5,427 m²
Building footprint
198 m²
Volume, LiDAR
1,029 m³
Parcel 11017C0135/00F000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Philippe Wangen
since 20212.315.578.258
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017C0135/00F000 | Flanders | 5,427 m² | 1 · 198 m² | 8.8 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.
Similar companies · same sector, comparable size
Atelier Ciré
BE 0748.425.868
Zoersel · Eq €76k
ANTONI CREATIV
BE 0743.756.606
Anderlecht · Eq €76k
SMETS VLOEREN
BE 0448.577.686
Zaventem · Eq €76k
G & T
BE 0883.910.322
Wommelgem · Eq €76k
BRS BUILDING
BE 1012.905.672
Sint-Niklaas · Eq €76k
Of 3,963 companies in sector 43331 we hold annual accounts for 1,791. 1,566 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2021
Fiscal year end31-12
Activities, NACEBEL
43331Floor and wall tiling
42110Construction of roads and motorways
43332Laying of wooden floor and wall coverings
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.