Philco is a property company in Knokke-Heist. Public Limited, started on 31 January 1983, 1 establishment.

What is the address of Philco?

The registered office of Philco is located at Elizabetlaan 214 box 43, 8300 Knokke-Heist.

Is Philco still active?

Yes. According to the CBE (29 October 2026) Philco is active, legal situation “Normale toestand”, started on 31 January 1983.

Is Philco registered on Peppol?

No, Philco is currently not registered on the Peppol network.

What is the enterprise number of Philco?

The enterprise number of Philco is BE0423962155.

When was Philco founded?

Philco was founded on 31 January 1983.

Who are the directors of Philco?

According to the 2025 annual accounts, the directors of Philco are: PHILIPPE VERBAET, THOMAS VERBAET, MATTHIEU VERBAET, Julie VERBAET.

Is Philco a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 January 1983; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Philco make in 2025?

Philco recorded a loss after taxes of € 245,043 in financial year 2025.

What is the revenue of Philco?

As a small company, Philco is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 37,454.

How much does an employee at Philco earn?

The average wage cost per full-time employee at Philco was € 48,700 in 2025: staff costs of € 68,133 for 1.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Philco have?

According to the 2025 annual accounts, Philco has 1.4 full-time equivalents (FTE).

Philco (Public Limited) - Knokke-Heist - BE0423962155

Dossier Philco, printed on 29 October 2026 from databakkes.be/en/0423962155/philco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

Philco from Knokke-Heist, company number BE0423962155, closed financial year 2025 with a result of € -245,043 after tax. For that financial year Philco recorded a gross margin of € 37,454 and equity of € -1.3 million. Compared with financial year 2024, the result moved from € -235,146 to € -245,043. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 23, 2026.

What it is worth Caution

€ -1.3 million

▼ € 245,043 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -245,043

▼ 4 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8,384

▼ 16% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.4 million.

People and assets in 2025

Full-time equivalents

1.4

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 68,133

▲ 1% vs 2024

€ 48,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 11,444

▼ 40% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 2.6 million

▲ 4% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 2,079

▼ 33% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 5,179

▼ 17% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 6,397 Gross margin 2022: € 6,397 First fiscal year in the series	€ 953 Gross margin 2023: € 953 ▼ 85% vs 2022 (€ 6,397) Unfavourable step	€ 29,443 Gross margin 2024: € 29,443 ▲ € 28,490 vs 2023 (€ 953) Favourable step	€ 37,454 Gross margin 2025: € 37,454 ▲ 27% vs 2024 (€ 29,443) Favourable step	▲ 27%
Profit after taxes	€ -158,036 Profit after taxes 2022: € -158,036 First fiscal year in the series	€ -195,957 Profit after taxes 2023: € -195,957 ▼ € 37,921 vs 2022 (€ -158,036) Unfavourable step	€ -235,146 Profit after taxes 2024: € -235,146 ▼ € 39,189 vs 2023 (€ -195,957) Unfavourable step	€ -245,043 Profit after taxes 2025: € -245,043 ▼ € 9,896 vs 2024 (€ -235,146) Unfavourable step	▼ € 9,896
Equity	€ -660,773 Equity 2022: € -660,773 First fiscal year in the series	€ -856,730 Equity 2023: € -856,730 ▼ € 195,957 vs 2022 (€ -660,773) Unfavourable step	€ -1,091,876 Equity 2024: € -1,091,876 ▼ € 235,146 vs 2023 (€ -856,730) Unfavourable step	€ -1,336,918 Equity 2025: € -1,336,918 ▼ € 245,043 vs 2024 (€ -1,091,876) Unfavourable step	▼ € 245,043
Total debts	€ 2,222,382 Total debts 2022: € 2,222,382 First fiscal year in the series	€ 2,549,066 Total debts 2023: € 2,549,066 ▲ 15% vs 2022 (€ 2,222,382) Unfavourable step	€ 2,612,653 Total debts 2024: € 2,612,653 ▲ 2% vs 2023 (€ 2,549,066) Unfavourable step	€ 2,713,393 Total debts 2025: € 2,713,393 ▲ 4% vs 2024 (€ 2,612,653) Unfavourable step	▲ 4%
Cash	€ 12,152 Cash 2022: € 12,152 First fiscal year in the series	€ 24,609 Cash 2023: € 24,609 ▲ 103% vs 2022 (€ 12,152) Favourable step	€ 9,972 Cash 2024: € 9,972 ▼ 59% vs 2023 (€ 24,609) Unfavourable step	€ 8,384 Cash 2025: € 8,384 ▼ 16% vs 2024 (€ 9,972) Unfavourable step	▼ 16%
Land & buildings	€ 1,501,609 Land & buildings 2022: € 1,501,609 First fiscal year in the series	€ 1,575,669 Land & buildings 2023: € 1,575,669 ▲ 5% vs 2022 (€ 1,501,609) Unchanged	€ 1,489,583 Land & buildings 2024: € 1,489,583 ▼ 5% vs 2023 (€ 1,575,669) Unchanged	€ 1,354,401 Land & buildings 2025: € 1,354,401 ▼ 9% vs 2024 (€ 1,489,583) Unchanged	▼ 9%
Retained profit	€ -727,704 Retained profit 2022: € -727,704 First fiscal year in the series	€ -923,661 Retained profit 2023: € -923,661 ▼ € 195,957 vs 2022 (€ -727,704) Unfavourable step	€ -1,158,807 Retained profit 2024: € -1,158,807 ▼ € 235,146 vs 2023 (€ -923,661) Unfavourable step	€ -1,403,850 Retained profit 2025: € -1,403,850 ▼ € 245,043 vs 2024 (€ -1,158,807) Unfavourable step	▼ € 245,043
Bank debt	€ 2,174,772 Bank debt 2022: € 2,174,772 First fiscal year in the series	€ 2,429,272 Bank debt 2023: € 2,429,272 ▲ 12% vs 2022 (€ 2,174,772) Unfavourable step	€ 2,530,984 Bank debt 2024: € 2,530,984 ▲ 4% vs 2023 (€ 2,429,272) Unfavourable step	€ 2,632,984 Bank debt 2025: € 2,632,984 ▲ 4% vs 2024 (€ 2,530,984) Unfavourable step	▲ 4%
Balance sheet total	€ 1,561,609 Balance sheet total 2022: € 1,561,609 First fiscal year in the series	€ 1,692,336 Balance sheet total 2023: € 1,692,336 ▲ 8% vs 2022 (€ 1,561,609) Unchanged	€ 1,520,778 Balance sheet total 2024: € 1,520,778 ▼ 10% vs 2023 (€ 1,692,336) Unchanged	€ 1,376,475 Balance sheet total 2025: € 1,376,475 ▼ 9% vs 2024 (€ 1,520,778) Unchanged	▼ 9%
Employees (FTE)	1.7 Employees (FTE) 2022: 1.7 First fiscal year in the series	1.4 Employees (FTE) 2023: 1.4 ▼ 0.3 vs 2022 (1.7) Unchanged	1.4 Employees (FTE) 2024: 1.4 Unchanged (1.4) Unchanged	1.4 Employees (FTE) 2025: 1.4 Unchanged (1.4) Unchanged

Key figures of Philco, 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 Philco?

What happened at Philco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 THOMAS VERBAET stepped down as director. NBB
2031 MATTHIEU VERBAET stepped down as director. NBB
2028 Julie VERBAET stepped down as director. NBB
Sep 23, 2026 New annual accounts for financial year 2025: loss of € 245,043. filed late Source: NBB ↗
2025 THOMAS VERBAET became a director. NBB
2025 PHILIPPE VERBAET stepped down as director. NBB
2025 MATTHIEU VERBAET became a director. NBB
2019 Julie VERBAET became a director. NBB

In short

From € 158,036 loss in 2022 to € 245,043 loss in 2025.

Paid € 1,268 in corporate taxes since 2022.

On average € 26,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

PHILIPPE VERBAET

Managing director

Also active at: BEETLE

since 2013 · until 2025

THOMAS VERBAET

Managing director

Also active at: BERNARDUS CARE REAL ESTATE II, LINDBERGH CONSULT, BEETLE

since 2025 · until 2031

MATTHIEU VERBAET

Director

Also active at: BEETLE

since 2025 · until 2031

Julie VERBAET

Director

Also active at: DILO.BE, BEETLE

since 2019 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Elizabetlaan 214 box 43

8300 Knokke-Heist

2.024.104.740

Noordzeelaan 7

8300 Knokke-Heist

Active since 31 January 1983

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0423.962.155
VAT number: BE 0423.962.155
Registered office: Elizabetlaan 214 bus 43, 8300 Knokke-Heist
Names & denominations: Philco
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 31 January 1983
Peppol: Not registered
Activities · NACE: Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗

Philco