Philips Constant
ActivePhilips Constant has been active since 1947 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.63M and a net result of €761k. Equity is growing by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 34% of 404 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency67▼-29
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 2.41 in 2024), but 67.6% 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○neutral
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
32.4%
Return on assets
15.1%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
11 d early
2023
14 d early
2022
12 d early
2021
10 d early
2020
9 d early
2019
7 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.63M▼ 49.7%
2024 · €3.25M
2019: €944k
2020: €1.08M
2021: €1.75M
2022: €2.49M
2023: €2.91M
2024: €3.25M
2019 → 2025
Total assets
€5.03M▼ 24.2%
2024 · €6.64M
2019: €6.12M
2020: €5.71M
2021: €5.93M
2022: €6.42M
2023: €7.18M
2024: €6.64M
2019 → 2025
Net result
€761k▼ 9.1%
2024 · €837k
2019: €591k
2020: €636k
2021: €1.17M
2022: €1.24M
2023: €921k
2024: €837k
2019 → 2025
Working capital
€1.85M▼ 50.7%
2024 · €3.76M
2019: €2.09M
2020: €2.39M
2021: €3.04M
2022: €2.91M
2023: €3.36M
2024: €3.76M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.75M-€2.49M▲ 42.4%€2.91M▲ 16.9%€3.25M▲ 11.6%€1.63M▼ 49.7%
Operating result€1.17M-€1.39M▲ 18.9%€809k▼ 41.6%€784k▼ 3.1%€697k▼ 11.1%
Net result€1.17M-€1.24M▲ 6.3%€921k▼ 25.8%€837k▼ 9.2%€761k▼ 9.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 11% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.03M
Fixed assets
€220k▼ 2.2%
Current assets
€4.81M▼ 25.0%
Equity and liabilities €5.03M
Equity
€1.63M▼ 49.7%
Provisions
€415k▼ 41.4%
Debt
€2.99M▲ 11.2%
The debt ratio rises from 40.5% to 59.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€769k▼
2024 · €851k
Cash flow
€833k▼
2024 · €904k
Solvency
32.4%▼
2024 · 48.9%
Current ratio
1.63▼
2024 · 2.41
Quick ratio
1.06▼
2024 · 1.87
Debt / equity
1.83▲
2024 · 0.83
ROE
46.6%▲
2024 · 25.8%
ROA
15.1%▲
2024 · 12.6%
Interest coverage
74.00▼
2024 · 89.64
Debt
€2.99M▲
2024 · €2.69M
Debt ≤ 1 year
€2.96M▲
2024 · €2.66M
Income taxes
€155k▲
2024 · €134k
Staff costs
€1.18M▲
2024 · €1.07M
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€6.64M€5.03M▼
Fixed assets21/28€225k€220k▼
Tangible fixed assets22/27€201k€191k▼
Land and buildings22€244€0▼
Plant, machinery and equipment23€42k€29k▼
Furniture and vehicles24€159k€163k▲
Financial fixed assets28€24k€29k▲
Current assets29/58€6.42M€4.81M▼
Stocks and contracts in progress3€1.46M€1.67M▲
Stocks30/36€1.46M€1.67M▲
Amounts receivable within one year40/41€2.11M€2.21M▲
Trade receivables40€2.11M€2.18M▲
Other amounts receivable41€500€30k▲
Cash at bank and in hand54/58€2.83M€924k▼
Deferred charges and accrued income490/1€20k€8k▼
Equity and liabilities
Total equity and liabilities10/49€6.64M€5.03M▼
Equity10/15€3.25M€1.63M▼
Contributions10/11€300k€300k=
Capital10€300k€300k=
Issued capital100€300k€300k=
Revaluation surpluses12€99k€99k=
Reserves13€2.85M€1.23M▼
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Tax-exempt reserves132€42k€42k=
Distributable reserves133€2.77M€1.16M▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€708k€415k▼
Provisions for liabilities and charges160/5€708k€415k▼
Pensions and similar obligations160€386k€179k▼
Other liabilities and charges164/5€322k€235k▼
Amounts payable17/49€2.69M€2.99M▲
Amounts payable within one year42/48€2.66M€2.96M▲
Trade debts44€998k€1.36M▲
Suppliers440/4€998k€1.36M▲
Advances received on contracts in progress46€518k€493k▼
Taxes, remuneration and social security45€466k€509k▲
Taxes450/3€299k€295k▼
Remuneration and social security454/9€168k€215k▲
Other amounts payable47/48€675k€592k▼
Accrued charges and deferred income492/3€30k€27k▼
Income statement
Code20242025
Non-recurring operating income76A€8k€14k▲
Remuneration, social security and pensions62€1.07M€1.18M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€72k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€81k€-59k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€49k€-293k▼
Other operating charges640/8€63k€72k▲
Gross operating margin9900€2.11M€1.67M▼
Operating profit (loss)9901€784k€697k▼
Financial income75/76B€196k€229k▲
Recurring financial income75€196k€229k▲
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€971k€916k▼
Income taxes67/77€134k€155k▲
Profit (loss) for the period9904€837k€761k▼
Profit (loss) for the period to be appropriated9905€837k€761k▼
Appropriation of the result
Profit (loss) to be appropriated9906€837k€761k▼
Transfer from equity791/2-€2.00M
Transfer to equity691/2€337k€386k▲
To other reserves6921€337k€386k▲
Profit to be distributed694/7€500k€2.38M▲
Return on contributions (dividend)694-€2.00M
Directors or managers695€500k€375k▼
Social balance
Average headcount (FTE)908714.415.7▲
The notes to these accounts (13 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
22-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €1.24M ▲6.3%
Operating result €1.39M, net result €1.24M, both a record.
30-06
Financial
Equity above €2MEq €2.49M ▲42.4%
4 profitable years in a row build equity to €2.49M.
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Equity above €1MEq €1.08M ▲14.4%
2 profitable years in a row build equity to €1.08M.
07-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 7 days late
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 109 days late
2018
08-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
2017
20-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2025
This board is reconstructed from a single act (25087343). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
BAU-ARD STRATEGY BV
CurrentManaging director · since 10-07-2025 · Legal entity · perm. rep.: Werner PHILIPS
COELINVEST BV
CurrentManaging director · since 10-07-2025 · Legal entity · perm. rep.: Constant PHILIPS Junior
BAU-ARD STRATEGY
CurrentSole director · since 30-06-2025 · Legal entity · perm. rep.: Werner PHILIPS
10-07-2025
BAU-ARD STRATEGY BV: Appointed as Managing director
10-07-2025
COELINVEST BV: Appointed as Managing director
30-06-2025
BAU-ARD STRATEGY: Appointed as Sole director
30-06-2025
BAU-ARD STRATEGY: Resigned as Permanent representative
30-06-2025
COELINVEST: Resigned as Permanent representative
30-11-2022
Coelinvest NV: Resigned as Managing director
30-11-2022
Coelinvest NV: Resigned as Chair
30-11-2022
Philips Constant Senior: Resigned as Director
Location & real-estate footprint
Registered office, Puurs-Sint-Amands · 1 establishment unit since 1947
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.
Begijnhofstraat 492870 Puurs-Sint-AmandsGround area
1,868 m²
Building footprint
1,869 m²
Parcel 12030A0479/00Y000, Flanders. Linked by address, not a title deed.
1 establishment unit
Philips Constant
since 19472.004.056.127
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12030A0479/00Y000 | Flanders | 1,868 m² | 1 · 1,868 m² | - |
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
GEREEDSCHAPSMAKERIJ JAAK SIMONS
BE 0437.844.736
Hamont-Achel · Eq €1.62M
WERKHUIZEN LAVY
BE 0426.201.370
Brugge · Eq €1.59M
CONTINENTAL ENERGY SYSTEMS
BE 0424.898.996
Malle · Eq €1.58M
CHIMIDEROUIL BELGIUM
BE 0412.721.439
Mons · Eq €1.55M
UNICA
BE 0414.469.617
Ukkel · Eq €1.79M
Of 211 companies in sector 28299 we hold annual accounts for 154. 100 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-07-1947
Fiscal year end30-06
Activities, NACEBEL
28299Manufacture of machinery and equipment not elsewhere classified
28990Manufacture of machinery and equipment not elsewhere classified
29430
29564
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.