PHILTEX
ActiveSummary
PHILTEX has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €555 and a net result of €3,235. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 7097 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+44
Solvency27▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 7097 sector peers (2025).
NBB · sector comparisonPosition among 7097 sector peers
Solvency
better than 14%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
3 d early
2024
16 d early
2023
61 d late
2022
53 d late
2021
60 d late
2020
13 d late
2019
96 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
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. Usually files around 22 September (4 of the last 5 filed years within 56 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€555
2024 · -€2,680
Total assets
€27,261▼ 14.7%
2024 · €31,953
Net result
€3,235▲ 322%
2024 · €767
Working capital
€109
2024 · -€3,730
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,650▼ 49.7%€4,396▲ 166%-€3,098€1,509€3,468▲ 130%
Net result€920within the sector's middle half▼ 61.0%€246within the sector's middle half▼ 73.3%-€4,008below the sector's middle half€767within the sector's middle half€3,235within the sector's middle half▲ 322%
Equity€314below the sector's middle half€560below the sector's middle half▲ 78.2%-€3,448below the sector's middle half-€2,680below the sector's middle half▲ 22.3%€555below the sector's middle half
Total assets€19,230below the sector's middle half▼ 1.8%€22,686below the sector's middle half▲ 18.0%€24,762below the sector's middle half▲ 9.2%€31,953below the sector's middle half▲ 29.0%€27,261below the sector's middle half▼ 14.7%
Debt€18,915▼ 6.3%€22,126▲ 17.0%€28,209▲ 27.5%€34,634▲ 22.8%€26,706▼ 22.9%
Working capital-€2,045below the sector's middle half▲ 46.0%-€977below the sector's middle half▲ 52.2%-€4,287below the sector's middle half▼ 339%-€3,730below the sector's middle half▲ 13.0%€109below the sector's middle half
Solvency1.6%below the sector's middle half▲ 4.7pp2.5%below the sector's middle half▲ 0.8pp-13.9%below the sector's middle half▼ 16.4pp-8.4%below the sector's middle half▲ 5.5pp2.0%below the sector's middle half▲ 10.4pp
Current ratio0.89below the sector's middle half▲ 0.080.96below the sector's middle half▲ 0.060.85below the sector's middle half▼ 0.110.89below the sector's middle half▲ 0.041.00below the sector's middle half▲ 0.11
Return on assets (ROA)4.8%within the sector's middle half▼ 7.3pp1.1%within the sector's middle half▼ 3.7pp-16.2%below the sector's middle half▼ 17.3pp2.4%within the sector's middle half▲ 18.6pp11.9%within the sector's middle half▲ 9.5pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 130% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27,261
Fixed assets
€445 ▼ 57.6%
Current assets
€26,816 ▼ 13.2%
Equity and liabilities €27,261
Equity
€555
Debt
€26,706
Debt finances 98.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€4,073▲
2024 · €2,189
Cash flow
€3,839▲
2024 · €1,448
Quick ratio
0.22▼
2024 · 0.26
Interest coverage
5.67▲
2024 · 1.85
Debt ≤ 1 year
€26,706▼
2024 · €34,634
Equity ratios withheld: equity of €555 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,324 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
3.1%
stopped otherwise
95%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €822 | €822 | €698 | €681 | €604 | ▼ 11.2% |
| Other operating charges640/8 | - | - | - | €1,460 | €593 | ▼ 59.4% |
| Gross operating margin9900 | €2,471 | €5,218 | -€2,401 | €3,649 | €4,665 | ▲ 27.8% |
| Operating profit (loss)9901 | €1,650 | €4,396 | -€3,098 | €1,509 | €3,468 | ▲ 130% |
| Financial income75/76B | €35 | €2 | €156 | €444 | €485 | ▲ 9.4% |
| Recurring financial income75 | €35 | €2 | €156 | €444 | €485 | ▲ 9.4% |
| Financial charges65/66B | €764 | €4,152 | €1,066 | €1,185 | €718 | ▼ 39.4% |
| Recurring financial charges65 | €764 | €4,152 | €1,066 | €1,185 | €718 | ▼ 39.4% |
| Profit (loss) for the period before taxes9903 | €920 | €246 | -€4,008 | €767 | €3,235 | ▲ 322% |
| Profit (loss) for the period9904 | €920 | €246 | -€4,008 | €767 | €3,235 | ▲ 322% |
| Profit (loss) for the period to be appropriated9905 | €920 | €246 | -€4,008 | €767 | €3,235 | ▲ 322% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19,230 | €22,686 | €24,762 | €31,953 | €27,261 | ▼ 14.7% |
| Fixed assets21/28 | €2,359 | €1,537 | €840 | €1,050 | €445 | ▼ 57.6% |
| Tangible fixed assets22/27 | €2,359 | €1,537 | €840 | €1,050 | €445 | ▼ 57.6% |
| Plant, machinery and equipment23 | €1,904 | €1,372 | €840 | €307 | - | - |
| Furniture and vehicles24 | €455 | €165 | - | €742 | €445 | ▼ 40.0% |
| Current assets29/58 | €16,870 | €21,149 | €23,922 | €30,903 | €26,816 | ▼ 13.2% |
| Stocks and contracts in progress3 | €15,200 | €19,150 | €20,035 | €21,933 | €20,830 | ▼ 5.0% |
| Stocks30/36 | €15,200 | €19,150 | €20,035 | €21,933 | €20,830 | ▼ 5.0% |
| Amounts receivable within one year40/41 | - | €389 | €3,741 | €7,806 | €2,672 | ▼ 65.8% |
| Trade receivables40 | - | €389 | - | €1,908 | €276 | ▼ 85.5% |
| Other amounts receivable41 | - | - | €3,741 | €5,898 | €2,396 | ▼ 59.4% |
| Cash at bank and in hand54/58 | €1,670 | €1,609 | €146 | €1,165 | €3,309 | ▲ 184% |
| Deferred charges and accrued income490/1 | - | - | - | - | €5 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19,230 | €22,686 | €24,762 | €31,953 | €27,261 | ▼ 14.7% |
| Equity10/15 | €314 | €560 | -€3,448 | -€2,680 | €555 | ▲ 121% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€18,286 | -€18,040 | -€22,048 | -€21,280 | -€18,045 | ▲ 15.2% |
| Amounts payable17/49 | €18,915 | €22,126 | €28,209 | €34,634 | €26,706 | ▼ 22.9% |
| Amounts payable within one year42/48 | €18,915 | €22,126 | €28,209 | €34,634 | €26,706 | ▼ 22.9% |
| Financial debts43 | €4,717 | €3,621 | €4,785 | €4,246 | - | - |
| Credit institutions430/8 | €4,717 | €3,621 | €4,785 | €4,246 | - | - |
| Trade debts44 | €2,411 | €2,498 | €3,547 | €2,392 | €1,226 | ▼ 48.8% |
| Suppliers440/4 | €2,411 | €2,498 | €3,547 | €2,392 | €1,226 | ▼ 48.8% |
| Advances received on contracts in progress46 | - | €350 | - | - | - | - |
| Taxes, remuneration and social security45 | €8,889 | €15,656 | €19,877 | €25,436 | €22,921 | ▼ 9.9% |
| Taxes450/3 | €8,889 | €15,450 | €19,877 | €25,436 | €22,921 | ▼ 9.9% |
| Remuneration and social security454/9 | - | €206 | - | - | - | - |
| Other amounts payable47/48 | €2,898 | - | - | €2,559 | €2,559 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €920 | €246 | -€4,008 | €767 | €3,235 | ▲ 322% |
| + Depreciation and write-downs630 | €822 | €822 | €698 | €681 | €604 | ▼ 11.2% |
| Operating cash flow (approximation) | €1,742 | €1,068 | -€3,310 | €1,448 | €3,839 | ▲ 165% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€891 | €0 | ▲ 100% |
| Change in cash | - | -€61 | -€1,464 | €1,019 | €2,144 | ▲ 110% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €3,235 ▲322%
Net result €3,235, the highest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €767
Net result €767 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet -€4,008
Net result drops to -€4,008, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 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, Jette · 1 establishment unit since 2016
Ground area
330 m²
Building footprint
121 m²
Volume, LiDAR
1,171 m³
Parcel 21463D0281/00Y006, Brussels · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PHILTEX SHOP
since 20162.252.356.925
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0281/00Y006 | Brussels | 330 m² | 1 · 121 m² | 14.8 m · 4 fl. |
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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INFLATE
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GRAVITEX
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Of 9,863 companies in sector 73110 we hold annual accounts for 3,758. 327 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
Founded14-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
46190Agents in non-specialised wholesale trade
46421Wholesale trade
47639Retail sale of other sporting goods
58190Other publishing activities, excluding software publishing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0651938681
Registered
11-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.