SLOTS PHILIP
ActiveSLOTS PHILIP has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €914k and a net result of €26k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 26% of 7930 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability14▲+8
Solvency30▲+3
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.14 in 2024), and 79.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
20.8%
Return on assets
0.6%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
on the day
2023
1 d early
2022
on the day
2021
15 d late
2020
4 d early
2019
4 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 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€914k▲ 3.0%
2024 · €888k
2019: €836k
2020: €730k
2021: €862k
2022: €820k
2023: €877k
2024: €888k
2019 → 2025
Total assets
€4.40M▼ 3.6%
2024 · €4.57M
2019: €3.71M
2020: €4.82M
2021: €4.95M
2022: €4.50M
2023: €4.27M
2024: €4.57M
2019 → 2025
Net result
€26k▲ 149%
2024 · €11k
2019: €17k
2020: €-106k
2021: €132k
2022: €558k
2023: €57k
2024: €11k
2019 → 2025
Working capital
€464k▲ 1.0%
2024 · €459k
2019: €387k
2020: €361k
2021: €651k
2022: €434k
2023: €446k
2024: €459k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€862k-€820k▼ 4.9%€877k▲ 7.0%€888k▲ 1.2%€914k▲ 3.0%
Operating result€203k-€808k▲ 298%€180k▼ 77.8%€147k▼ 18.1%€168k▲ 14.2%
Net result€132k-€558k▲ 322%€57k▼ 89.7%€11k▼ 81.5%€26k▲ 149%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 14% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.40M
Fixed assets
€693k▼ 9.2%
Current assets
€3.71M▼ 2.5%
Equity and liabilities €4.40M
Equity
€914k▲ 3.0%
Debt
€3.49M▼ 5.2%
The debt ratio falls from 80.6% to 79.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€324k▲
2024 · €285k
Cash flow
€182k▲
2024 · €148k
Solvency
20.8%▲
2024 · 19.4%
Current ratio
1.14▲
2024 · 1.14
Quick ratio
0.46▲
2024 · 0.44
Debt / equity
3.82▼
2024 · 4.15
ROE
2.9%▲
2024 · 1.2%
ROA
0.6%▲
2024 · 0.2%
Interest coverage
2.19▲
2024 · 1.79
Debt
€3.49M▼
2024 · €3.68M
Debt ≤ 1 year
€3.25M▼
2024 · €3.35M
Debt > 1 year
€183k▼
2024 · €254k
Income taxes
€20k▲
2024 · €19k
Staff costs
€1.68M▼
2024 · €1.70M
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€4.57M€4.40M▼
Fixed assets21/28€764k€693k▼
Intangible fixed assets21€382€14▼
Tangible fixed assets22/27€763k€693k▼
Land and buildings22€383k€354k▼
Plant, machinery and equipment23€350k€314k▼
Furniture and vehicles24€27k€22k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€368€368=
Current assets29/58€3.81M€3.71M▼
Stocks and contracts in progress3€2.33M€2.21M▼
Stocks30/36€2.33M€2.21M▼
Amounts receivable within one year40/41€876k€917k▲
Trade receivables40€498k€508k▲
Other amounts receivable41€378k€408k▲
Cash at bank and in hand54/58€565k€553k▼
Deferred charges and accrued income490/1€40k€31k▼
Equity and liabilities
Total equity and liabilities10/49€4.57M€4.40M▼
Equity10/15€888k€914k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€826k€852k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€56k€56k=
Distributable reserves133€763k€790k▲
Amounts payable17/49€3.68M€3.49M▼
Amounts payable after more than one year17€254k€183k▼
Financial debts170/4€254k€183k▼
Amounts payable within one year42/48€3.35M€3.25M▼
Current portion of amounts payable after more than one year42€96k€71k▼
Financial debts43€1.10M€1.15M▲
Credit institutions430/8€1.10M€1.15M▲
Trade debts44€1.11M€1.02M▼
Suppliers440/4€1.11M€1.02M▼
Advances received on contracts in progress46€295k€327k▲
Taxes, remuneration and social security45€138k€148k▲
Taxes450/3€104k€86k▼
Remuneration and social security454/9€34k€61k▲
Other amounts payable47/48€606k€539k▼
Accrued charges and deferred income492/3€81k€60k▼
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€1.70M€1.68M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€138k€156k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-189k€-144k▲
Other operating charges640/8€66k€40k▼
Gross operating margin9900€1.86M€1.90M▲
Operating profit (loss)9901€147k€168k▲
Financial income75/76B€41k€26k▼
Recurring financial income75€41k€26k▼
Financial charges65/66B€159k€148k▼
Recurring financial charges65€159k€148k▼
Profit (loss) for the period before taxes9903€30k€47k▲
Income taxes67/77€19k€20k▲
Profit (loss) for the period9904€11k€26k▲
Profit (loss) for the period to be appropriated9905€11k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€26k▲
Transfer to equity691/2€11k€26k▲
To other reserves6921€11k€26k▲
Social balance
Average headcount (FTE)908735.239.5▲
The notes to these accounts (27 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
11-03
State Gazette act
Capital & shares · RestructuringGeneral meeting · Demerger · Capital decrease12 facts ▸
State Gazette act
Capital & shares · Restructuring
General meeting · Demerger · Capital decrease12 facts ▸
- General meeting, 2026-01-29
- Demerger, partielle splitsing door overname, EUR
- Capital decrease, €21.117,08
- Capital increase, €21.117,08
- Share issue, kapitaalaandelen, 11766
- Real estate, Grootwarenhuis met aanhorigheden, op en met grond, gelegen Ijzeren Bareel 20A te 8587 Spiere-Helkijn (Spiere), sectie C, perceelnummer 9D P0000, oppervlakte 1ha…
- Real estate, Woonhuis met aanhorigheden, op en met grond, gelegen Justitiestraat 5 te 8587 Spiere-Helkijn (Spiere), sectie C, perceelnummer 32C P0000, oppervlakte 61a 23ca.…
- Real estate, Garage met aanhorigheden, op en met grond, gelegen Justitiestraat 5+ te 8587 Spiere-Helkijn (Spiere), sectie C, perceelnummer 33E P0000, oppervlakte 1a 5ca. (Co…
- Accounting effect, 2025-07-01
- Statutes amendment
- General meeting, 2026-02-10
- Split proposal, 2025-12-15, 2025-11-09
22-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €558k ▲322%
Operating result €808k, net result €558k, both a record.
15-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 15 days late
2021
30-06
Financial
Back to profitnet €132k
Net result €132k after one loss-making year.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €-106k ▼728%
Net result drops to €-106k, the lowest in the series; recovery starts the following year.
04-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 4 days late
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
21-06-2024
Resigned as Director
21-06-2024
Resigned as Managing director
Location & real-estate footprint
Registered office, Spiere-Helkijn · 2 establishment units since 1995
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.
Ijzeren Bareel 208587 Spiere-HelkijnGround area
3,376 m²
Building footprint
1,065 m²
Volume, LiDAR
5,643 m³
2 parcels, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Slots Décoration - Slots Dinner
since 19952.073.315.909
Slots Décoration - Slots Sanitair
since 20042.137.129.932
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34021A0331/00Z000 | Flanders | 2,902 m² | 1 · 978 m² | 10.9 m · 2 fl. |
| 34036C0008/00C003 | Flanders | 474 m² | 1 · 87 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
1 transactionContributed a business line to:APS HOME
Capital and shareholders
Capital increase of 21,117.08 EUR
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,385 EUR awarded · 1,385 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,385 EUR | 1,385 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteSpiere-Helkijn/Espierres-Helchin2.073.315.909
Similar companies · same sector, comparable size
TRB
BE 0729.736.641
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BE 0439.275.584
Brugge · Eq €913k
PROFINE BELUX
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DECKERS - TEGELDECOR
BE 0437.994.194
Dilsen-Stokkem · Eq €916k
Van Huele - oude bouwmaterialen
BE 0425.417.056
Beernem · Eq €909k
Of 1,794 companies in sector 46831 we hold annual accounts for 1,390. 1,010 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-06-1995
Fiscal year end30-06
Activities, NACEBEL
46831Wholesale of construction materials, general range
47551Retail sale of household furniture
47591Retail trade
51532
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.