Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Etablissements PHILIPPE from Manage, company number BE0417743960, closed financial year 2025 with a result of € 26,300 after tax. For that financial year Etablissements PHILIPPE recorded a gross margin of € 202,344 and equity of € 275,422. Compared with financial year 2024, the result moved from € 41,879 to € 26,300. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 4, 2026.
€ 275,422
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,300
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 103,925
▲ € 97,678 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 137,923.
People and assets in 2025
€ 153,634
▲ 11% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,917
▲ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5,695
▼ 32% vs 2024
€ 2,799 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 244,296
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,430
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,776 | € 184,959 | € 201,143 | € 202,344 | ▲ 1% |
| Profit after taxes | € -2,400 | € 15,374 | € 41,879 | € 26,300 | ▼ 37% |
| Equity | € 268,869 | € 224,243 | € 249,122 | € 275,422 | ▲ 11% |
| Total debts | € 338,782 | € 402,621 | € 248,491 | € 295,359 | ▲ 19% |
| Cash | € 100,233 | € 106,404 | € 6,247 | € 103,925 | ▲ € 97,678 |
| Land & buildings | € 11,329 | € 8,732 | € 11,488 | € 9,443 | ▼ 18% |
| Retained profit | € 102,570 | € 86,744 | € 111,622 | € 137,923 | ▲ 24% |
| Dividend | € 0 | € 31,200 | € 17,000 | € 0 | ▼ 100% |
| Bank debt | € 26,599 | € 12,173 | € 8,399 | € 5,695 | ▼ 32% |
| Balance sheet total | € 607,651 | € 626,864 | € 497,613 | € 570,781 | ▲ 15% |
| Employees (FTE) | 1.6 | - | - | - |
Key figures of Etablissements PHILIPPE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Etablissements PHILIPPE?
What happened at Etablissements PHILIPPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,300 (▼ 37% vs 2024). filed late Source: NBB ↗
- Marc Ubaghs became a director. NBB
- Dimitri PHILIPPE stepped down as director. NBB
- Dimitri PHILIPPE became a director. NBB
- New establishment in Manage. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,400 loss in 2022 to € 26,300 profit in 2025.
Paid € 32,523 in corporate taxes since 2022.
Best year ever: 2024, with € 41,879 profit.
On average € 36,700 of value added per employee in 2022.
Management
The stake of EUROPEAN SAFETY MAINTENANCE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Etablissements PHILIPPEBehind Etablissements PHILIPPE is Marc Ubaghs. The shares are held by EUROPEAN SAFETY MAINTENANCE (100%).
Directors
According to the 2025 annual accounts
Marc Ubaghs
Director
since 2025
since 2021 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Dedobbeleer 50
7170 Manage
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0417.743.960
- VAT number
- BE 0417.743.960
- Registered office
- Rue Dedobbeleer 50, 7170 Manage
- Names & denominations
- Etablissements PHILIPPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1977
- Peppol
- Active · Active since 3 Feb 2026
- Activities · NACE
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Vervaardiging van werkkleding
Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding
Confectie van overige textielartikelen