PHILO POOL
ActiveSummary
The computed 12-month bankruptcy probability of PHILO POOL is 2.5% (moderate). The 2024 annual accounts show equity of €50k and a net result of €832. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 3550 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-8
Solvency58▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.51 in 2023; short-term debt: 66.2% and cash: 6.5% of total assets), and 67.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
32.5%
Return on assets
0.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
89 d late
2023
84 d late
2022
66 d late
2021
78 d late
2020
89 d late
2019
120 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€832▼ 89.7%
2023 · €8k
2019: €3k
2020: €17k▲ +563% vs 2019highest in 6 years
2021: €14k▼ -15.5% vs 2020
2022: €2k▼ -89.1% vs 2021
2023: €8k▲ +424% vs 2022
2024: €832▼ -89.7% vs 2023lowest in 6 years
2019 → 2024
Working capital
€40k▲ 18.5%
2023 · €33k
2019: €8klowest in 6 years
2020: €98k▲ +1178% vs 2019highest in 6 years
2021: €33k▼ -66.5% vs 2020
2022: €26k▼ -21.7% vs 2021
2023: €33k▲ +30.6% vs 2022
2024: €40k▲ +18.5% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€40k▲ 55.5%€41k▲ 3.9%€49k▲ 19.7%€50k▲ 1.7%
2020: €25klowest in 5 years
2021: €40k▲ +55.5% vs 2020
2022: €41k▲ +3.9% vs 2021
2023: €49k▲ +19.7% vs 2022
2024: €50k▲ +1.7% vs 2023highest in 5 years
Operating result€18k-€3k▼ 82.3%€3k▼ 13.9%€12k▲ 342%€1k▼ 90.1%
2020: €18khighest in 5 years
2021: €3k▼ -82.3% vs 2020
2022: €3k▼ -13.9% vs 2021
2023: €12k▲ +342% vs 2022
2024: €1k▼ -90.1% vs 2023lowest in 5 years
Net result€17k-€14k▼ 15.5%€2k▼ 89.1%€8k▲ 424%€832▼ 89.7%
2020: €17khighest in 5 years
2021: €14k▼ -15.5% vs 2020
2022: €2k▼ -89.1% vs 2021
2023: €8k▲ +424% vs 2022
2024: €832▼ -89.7% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 90% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €154k
Fixed assets
€12k ▼ 35.8%
Current assets
€142k ▲ 42.5%
Equity and liabilities €154k
Equity
€50k ▲ 1.7%
Debt
€104k ▲ 49.7%
Debt's share of the balance-sheet total rises from 58.5% to 67.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▼
2023 · €18k
Cash flow
€5k▼
2023 · €13k
Current ratio
1.39▼
2023 · 1.51
Quick ratio
1.03▼
2023 · 1.12
Debt to equity
2.08▲
2023 · 1.41
ROE
1.7%▼
2023 · 16.4%
ROA
0.5%▼
2023 · 6.8%
Interest coverage
10.79▼
2023 · 37.63
Debt ≤ 1 year
€102k▲
2023 · €66k
Income taxes
€877▼
2023 · €3k
Staff costs
€17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 61 lines
Balance sheet
Code20232024
Assets
Total assets20/58€119k€154k▲
Fixed assets21/28€19k€12k▼
Tangible fixed assets22/27€19k€12k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€17k€11k▼
Financial fixed assets28€500€500=
Current assets29/58€99k€142k▲
Stocks and contracts in progress3€25k€37k▲
Stocks30/36€25k€37k▲
Amounts receivable within one year40/41€60k€94k▲
Trade receivables40€58k€59k▲
Other amounts receivable41€2k€35k▲
Cash at bank and in hand54/58€14k€10k▼
Deferred charges and accrued income490/1-€585
Equity and liabilities
Total equity and liabilities10/49€119k€154k▲
Equity10/15€49k€50k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€3k€3k▲
Non-distributable reserves130/1€3k€3k▲
Legal reserve130€3k€3k▲
Profit (loss) carried forward14€40k€41k▲
Amounts payable17/49€69k€104k▲
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€66k€102k▲
Current portion of amounts payable after more than one year42€7k€2k▼
Financial debts43-€44k
Credit institutions430/8-€3k
Other loans439-€41k
Trade debts44€47k€54k▲
Suppliers440/4€47k€54k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€1k▼
Remuneration and social security454/9-€942
Other amounts payable47/48€9k-
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€808
Gross operating margin9900€21k€26k▲
Operating profit (loss)9901€12k€1k▼
Financial income75/76B€31€976▲
Recurring financial income75€31€976▲
Non-recurring financial income76B-€976
Financial charges65/66B€1k€485▼
Recurring financial charges65€470€485▲
Non-recurring financial charges66B€645-
Profit (loss) for the period before taxes9903€11k€2k▼
Income taxes67/77€3k€877▼
Profit (loss) for the period9904€8k€832▼
Profit (loss) for the period to be appropriated9905€8k€832▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€41k▲
Profit (loss) brought forward from the previous period14P€33k€40k▲
Transfer to equity691/2€808€42▼
To the legal reserve6920€808€42▼
Social balance
Average headcount (FTE)9087-0.4
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €17k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €531 | €2k | €5k | €5k | €4k | ▼ 25.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-9k | €1k | - | - |
| Other operating charges640/8 | - | - | €626 | €2k | €2k | ▲ 49.7% |
| Non-recurring operating charges66A | - | - | - | - | €808 | - |
| Gross operating margin9900 | €35k | €5k | €-490 | €21k | €26k | ▲ 23.4% |
| Operating profit (loss)9901 | €18k | €3k | €3k | €12k | €1k | ▼ 90.1% |
| Financial income75/76B | - | €15k | - | €31 | €976 | ▲ 3,077% |
| Recurring financial income75 | €4k | €15k | - | €31 | €976 | ▲ 3,077% |
| Non-recurring financial income76B | - | - | - | - | €976 | - |
| Financial charges65/66B | - | €93 | €566 | €1k | €485 | ▼ 56.5% |
| Recurring financial charges65 | €68 | €93 | €566 | €470 | €485 | ▲ 3.2% |
| Non-recurring financial charges66B | - | - | - | €645 | - | - |
| Profit (loss) for the period before taxes9903 | €22k | €18k | €2k | €11k | €2k | ▼ 84.8% |
| Income taxes67/77 | €6k | €4k | €675 | €3k | €877 | ▼ 72.0% |
| Profit (loss) for the period9904 | €17k | €14k | €2k | €8k | €832 | ▼ 89.7% |
| Profit (loss) for the period to be appropriated9905 | €17k | €14k | €2k | €8k | €832 | ▼ 89.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €116k | €109k | €113k | €119k | €154k | ▲ 29.8% |
| Fixed assets21/28 | €531 | €8k | €25k | €19k | €12k | ▼ 35.8% |
| Tangible fixed assets22/27 | €531 | €8k | €24k | €19k | €12k | ▼ 36.7% |
| Plant, machinery and equipment23 | - | €3k | €3k | €2k | €1k | ▼ 42.2% |
| Furniture and vehicles24 | - | €5k | €21k | €17k | €11k | ▼ 36.1% |
| Financial fixed assets28 | - | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €116k | €100k | €89k | €99k | €142k | ▲ 42.5% |
| Stocks and contracts in progress3 | €28k | €52k | €47k | €25k | €37k | ▲ 45.7% |
| Stocks30/36 | - | €52k | €47k | €25k | €37k | ▲ 45.7% |
| Amounts receivable within one year40/41 | €531 | €16k | €39k | €60k | €94k | ▲ 56.3% |
| Trade receivables40 | - | €15k | €38k | €58k | €59k | ▲ 1.8% |
| Other amounts receivable41 | - | €652 | €872 | €2k | €35k | ▲ 1,420% |
| Cash at bank and in hand54/58 | €65k | €32k | €2k | €14k | €10k | ▼ 28.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €585 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €116k | €109k | €113k | €119k | €154k | ▲ 29.8% |
| Equity10/15 | €25k | €40k | €41k | €49k | €50k | ▲ 1.7% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | €6k | €6k | = |
| Issued capital100 | - | €19k | €19k | €19k | €19k | = |
| Uncalled capital101 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €962 | €2k | €2k | €3k | €3k | ▲ 1.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | €3k | €3k | ▲ 1.6% |
| Legal reserve130 | - | €2k | €2k | €3k | €3k | ▲ 1.6% |
| Profit (loss) carried forward14 | €18k | €32k | €33k | €40k | €41k | ▲ 2.0% |
| Amounts payable17/49 | €91k | €69k | €72k | €69k | €104k | ▲ 49.7% |
| Amounts payable after more than one year17 | - | - | €9k | €2k | - | - |
| Financial debts170/4 | - | - | €9k | €2k | - | - |
| Amounts payable within one year42/48 | €18k | €67k | €63k | €66k | €102k | ▲ 54.6% |
| Current portion of amounts payable after more than one year42 | - | - | €7k | €7k | €2k | ▼ 74.7% |
| Financial debts43 | - | - | - | - | €44k | - |
| Credit institutions430/8 | - | - | - | - | €3k | - |
| Other loans439 | - | - | - | - | €41k | - |
| Trade debts44 | €1k | €56k | €48k | €47k | €54k | ▲ 15.9% |
| Suppliers440/4 | - | €56k | €48k | €47k | €54k | ▲ 15.9% |
| Taxes, remuneration and social security45 | - | €9k | €4k | €3k | €2k | ▼ 34.2% |
| Taxes450/3 | - | €9k | €4k | €3k | €1k | ▼ 64.9% |
| Remuneration and social security454/9 | - | - | - | - | €942 | - |
| Other amounts payable47/48 | - | €3k | €4k | €9k | - | - |
| Accrued charges and deferred income492/3 | - | €2k | €0 | €2k | €2k | ▲ 21.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €14k | €2k | €8k | €832 | ▼ 89.7% |
| + Depreciation and write-downs630 | €531 | €2k | €5k | €5k | €4k | ▼ 25.4% |
| Operating cash flow (approximation) | €17k | €16k | €7k | €13k | €5k | ▼ 64.0% |
| Investment in fixed assets (approximation) | - | €-10k | €-22k | €0 | €3k | - |
| Change in cash | - | €-33k | €-30k | €12k | €-4k | ▼ 133% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 89 days late
2024
31-12
Financial
Weakest financial yearnet €832 ▼89.7%
Net result drops to €832, the lowest in the series.
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 84 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 66 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 78 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2020
31-12
Financial
Highest result since 2019net €17k ▲563%
Operating result €18k, net result €17k, both a record.
31-12
Financial
Liquidity times 5current ratio 6.52
Current ratio from 1.31 to 6.52; short-term debt falls from €24k to €18k.
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 120 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Manhay · 1 establishment unit since 2019
Ground area
486 m²
Building footprint
218 m²
Parcel 83051A0289/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Route du Coignelot, Vaux-Ch. 15, 6960 Manhay
since 20192.286.628.312
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83051A0289/00C000 | Wallonia | 485 m² | 1 · 218 m² | - |
Linked by address, not proof of ownership
Good to know
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 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,083 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.