PHILSERVICES
ActiveSummary
The computed 12-month bankruptcy probability of PHILSERVICES is 2.4% (moderate). The 2025 annual accounts show equity of €11k and a net result of €9k. Equity is growing by ~170.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency76▲+37
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.95 against 0.88 in 2024; short-term debt: 49.5% and cash: 0.9% of total assets), and 49.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
50.5%
Return on assets
42.7%
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 02-07-2026, 29 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
29 d early
2024
30 d early
2023
26 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k▲ 547%
2024 · €2k
2023: €-4klowest in 3 years
2024: €2k▲ +137% vs 2023
2025: €11k▲ +547% vs 2024highest in 3 years
2023 → 2025
Total assets
€21k▲ 74.8%
2024 · €12k
2023: €5klowest in 3 years
2024: €12k▲ +132% vs 2023
2025: €21k▲ +74.8% vs 2024highest in 3 years
2023 → 2025
Net result
€9k▲ 48.6%
2024 · €6k
2023: €-7klowest in 3 years
2024: €6k▲ +188% vs 2023
2025: €9k▲ +48.6% vs 2024highest in 3 years
2023 → 2025
Working capital
€10k
2024 · €-1k
2023: €-10klowest in 3 years
2024: €-1k▲ +86.5% vs 2023
2025: €10k▲ +871% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-4k-€2k€11k▲ 547%
2023: €-4klowest in 3 years
2024: €2k▲ +137% vs 2023
2025: €11k▲ +547% vs 2024highest in 3 years
Operating result€-7k-€9k€13k▲ 42.3%
2023: €-7klowest in 3 years
2024: €9k▲ +241% vs 2023
2025: €13k▲ +42.3% vs 2024highest in 3 years
Net result€-7k-€6k€9k▲ 48.6%
2023: €-7klowest in 3 years
2024: €6k▲ +188% vs 2023
2025: €9k▲ +48.6% vs 2024highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 42% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21k
Fixed assets
€708 ▼ 76.2%
Current assets
€21k ▲ 123%
Equity and liabilities €21k
Equity
€11k ▲ 547%
Debt
€11k ▲ 0.2%
Debt's share of the balance-sheet total falls from 86.4% to 49.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▲
2024 · €12k
Cash flow
€11k▲
2024 · €8k
Current ratio
1.95▲
2024 · 0.88
Debt to equity
0.98▼
2024 · 6.33
ROE
84.6%▼
2024 · 368.3%
ROA
42.7%▼
2024 · 50.2%
Interest coverage
38.74▲
2024 · 19.98
Debt ≤ 1 year
€11k▲
2024 · €11k
Income taxes
€4k▲
2024 · €3k
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 · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€12k€21k▲
Fixed assets21/28€3k€708▼
Tangible fixed assets22/27€3k€708▼
Furniture and vehicles24€3k€708▼
Current assets29/58€9k€21k▲
Amounts receivable within one year40/41€6k€20k▲
Trade receivables40€145-
Other amounts receivable41€6k€20k▲
Cash at bank and in hand54/58€3k€201▼
Equity and liabilities
Total equity and liabilities10/49€12k€21k▲
Equity10/15€2k€11k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-833€8k▲
Amounts payable17/49€11k€11k▲
Amounts payable within one year42/48€11k€11k▲
Trade debts44€442€3k▲
Suppliers440/4€442€3k▲
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3€10k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€1k€17▼
Gross operating margin9900€13k€16k▲
Operating profit (loss)9901€9k€13k▲
Financial income75/76B€129€665▲
Recurring financial income75€129€665▲
Financial charges65/66B€581€401▼
Recurring financial charges65€581€401▼
Profit (loss) for the period before taxes9903€9k€14k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€6k€9k▲
Profit (loss) for the period to be appropriated9905€6k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-833€8k▲
Profit (loss) brought forward from the previous period14P€-7k€-833▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | = |
| Other operating charges640/8 | €250 | €1k | €17 | ▼ 98.4% |
| Gross operating margin9900 | €-5k | €13k | €16k | ▲ 23.2% |
| Operating profit (loss)9901 | €-7k | €9k | €13k | ▲ 42.3% |
| Financial income75/76B | - | €129 | €665 | ▲ 415% |
| Recurring financial income75 | - | €129 | €665 | ▲ 415% |
| Financial charges65/66B | €205 | €581 | €401 | ▼ 30.9% |
| Recurring financial charges65 | €205 | €581 | €401 | ▼ 30.9% |
| Profit (loss) for the period before taxes9903 | €-7k | €9k | €14k | ▲ 52.5% |
| Income taxes67/77 | €130 | €3k | €4k | ▲ 61.1% |
| Profit (loss) for the period9904 | €-7k | €6k | €9k | ▲ 48.6% |
| Profit (loss) for the period to be appropriated9905 | €-7k | €6k | €9k | ▲ 48.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €5k | €12k | €21k | ▲ 74.8% |
| Fixed assets21/28 | €5k | €3k | €708 | ▼ 76.2% |
| Tangible fixed assets22/27 | €5k | €3k | €708 | ▼ 76.2% |
| Furniture and vehicles24 | €5k | €3k | €708 | ▼ 76.2% |
| Current assets29/58 | €30 | €9k | €21k | ▲ 123% |
| Amounts receivable within one year40/41 | - | €6k | €20k | ▲ 256% |
| Trade receivables40 | - | €145 | - | - |
| Other amounts receivable41 | - | €6k | €20k | ▲ 265% |
| Cash at bank and in hand54/58 | €30 | €3k | €201 | ▼ 94.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €5k | €12k | €21k | ▲ 74.8% |
| Equity10/15 | €-4k | €2k | €11k | ▲ 547% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-7k | €-833 | €8k | ▲ 1,096% |
| Amounts payable17/49 | €10k | €11k | €11k | ▲ 0.2% |
| Amounts payable within one year42/48 | €10k | €11k | €11k | ▲ 0.2% |
| Trade debts44 | €545 | €442 | €3k | ▲ 527% |
| Suppliers440/4 | €545 | €442 | €3k | ▲ 527% |
| Taxes, remuneration and social security45 | €6k | €10k | €8k | ▼ 22.8% |
| Taxes450/3 | €6k | €10k | €8k | ▼ 22.8% |
| Other amounts payable47/48 | €4k | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-7k | €6k | €9k | ▲ 48.6% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | = |
| Operating cash flow (approximation) | €-5k | €8k | €11k | ▲ 35.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €3k | €-3k | ▼ 195% |
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
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €9k ▲48.6%
Operating result €13k, net result €9k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.95
Current ratio from 0.88 to 1.95.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Zaventem · 1 establishment unit since 2023
Ground area
1.6 ha
Building footprint
1,068 m²
Volume, LiDAR
19,276 m³
2 parcels, Brussels, Flanders · tallest building 24.3 m, ±7 floors. Linked by address, not a title deed.
662
companies at this address
See who is registered here
1 establishment unit
PHILSERVICES
since 20232.341.120.833
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819C0145/00R003 | Brussels | 1.5 ha | 1 · 876 m² | 24.3 m · 7 fl. |
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,414. 4,183 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
Founded22-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Contact
E-mail
vdb2102@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.