Liquidity
31.40 was 16.77 in 2024
Short-term debts fell from €3,287 to €2,187.
PHILLECTRIC
Lifetime
2 annual accounts with figures on one time axispeak €66,626 (2024)
€19,544▼ 70.7%
peak €45,452 (2024)
€11,225▼ 75.3%
peak €76,677 (2025)
€76,677▲ 17.2%
€2,187▼ 33.5%
Board2 names since 2023
1 director
Documentsfilings and deeds
25-02-202664 days before the deadline
2025micro format
Gross margin from €66,626 to €19,544Result from €45,452 to €11,225Equity from €65,452 to €76,677Debts from €3,287 to €2,187Cash from €39,704 to €56,010
Key points
from the 2025 annual accountsStarting capital
€20,000 2,000 shares
Position in the sector
97.2%
Higher solvency than 95% of companies in specialised construction. Sector median 46.8% · 37,271 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as PHILLECTRIC has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,326 companies, not a prediction for PHILLECTRIC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0804347358
Incorporation
Founding capital of €20,000, 2,000 shares · Founder: · Appointments: (statutory director) and (statutory director) · published on 31-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PHILLECTRIC Rixensart | €78,864 | €19,544 | 97.2% | - |
| YannElec Ramillies | €81,755 | €18,170 | 8.3% | - |
| STROOMtechNICK Kortemark | €81,085 | €20,490 | 37.3% | - |
| Xavier Brahy Electricité Uccle | €76,949 | €21,920 | 34.5% | - |
| JW-Solar Tielt-Winge | €84,588 | €18,812 | 46.2% | - |
| Elektro Wauters.M Roosdaal | €89,350 | €20,297 | 47.9% | - |
| DRB CONSTRUCT Ypres | €84,311 | €20,754 | 41.3% | - |
These companies have the same main activity as PHILLECTRIC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €76,900 and €89,400, founded in 2023.
Official details
Source: KBO- Status
- Active since 27-07-2023Normal situation
- Activity
- General electrical installation workNACE 43211
- Financial year end
- 30 September
- Peppol
- Reachable since 19-11-2025
Annual accounts to 30-09-2025
- €78,864▲ 14.7%
- Filing
- Filed on 25-02-2026, 64 days before the end of the filing period
Insights on PHILLECTRIC
PHILLECTRIC has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,677 and a net result of €11,225.
Its solvency ranks better than 95% of 37,271 sector peers (NACE 43, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PHILLECTRIC
- What is the company number of PHILLECTRIC?
- The company number of PHILLECTRIC is 0804.347.358. The VAT number is the same number with BE in front: BE 0804.347.358.
- Where is PHILLECTRIC based?
- The registered office is at Centenaire 2e Avenue 29, 1332 Rixensart.Company details
- What does PHILLECTRIC do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of PHILLECTRIC?
- PHILLECTRIC is a private limited company (BV).
- When was PHILLECTRIC founded?
- PHILLECTRIC was founded on 27-07-2023.
- Is PHILLECTRIC still active?
- Yes, PHILLECTRIC is an active enterprise in the KBO register.
- What is the turnover of PHILLECTRIC?
- The turnover of PHILLECTRIC was €0 in financial year 2025, according to the filed annual accounts.Financials
- Is PHILLECTRIC profitable?
- In financial year 2025, PHILLECTRIC made a profit of €11,225.
- Where can I find the annual accounts of PHILLECTRIC?
- PHILLECTRIC filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PHILLECTRIC due?
- PHILLECTRIC must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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