Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
PHILEMON _ W from Elsene, company number BE0424221184, closed financial year 2024 with a result of € -174,570 after tax. For that financial year PHILEMON _ W recorded a gross margin of € 135,978 and equity of € 1.1 million. Compared with financial year 2023, the result moved from € -115,993 to € -174,570. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 1.1 million
▼ 14% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -174,570
▼ 51 % more loss than in 2023
Profit after tax over the fiscal year.
€ 8,101
▲ 150% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 234,846.
People and assets in 2024
€ 68,927
▼ 20% vs 2023
Of which on lease € 4,264.
Debts at end 2024
€ 3,069
▼ 82% vs 2023
Loans from banks and other lenders, long and short.
€ 177,664
▲ 3% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 16,275
▼ 16% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 561,824 | € 216,902 | € 192,314 | € 135,978 | ▼ 29% |
| Profit after taxes | € 234,925 | € -89,044 | € -115,993 | € -174,570 | ▼ € 58,578 |
| Equity | € 1,454,004 | € 1,364,959 | € 1,248,967 | € 1,074,396 | ▼ 14% |
| Total debts | € 3,760,468 | € 3,542,788 | € 3,387,261 | € 3,323,683 | ▼ 2% |
| Cash | € 21,203 | € 15,870 | € 3,240 | € 8,101 | ▲ 150% |
| Land & buildings | € 4,836,313 | € 4,649,589 | € 4,429,628 | € 4,228,361 | ▼ 5% |
| Retained profit | € 614,454 | € 525,409 | € 409,417 | € 234,846 | ▼ 43% |
| Bank debt | € 135,118 | € 29,106 | € 16,779 | € 3,069 | ▼ 82% |
| Balance sheet total | € 5,214,471 | € 4,907,748 | € 4,636,227 | € 4,398,079 | ▼ 5% |
Key figures of PHILEMON _ W, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PHILEMON _ W?
What happened at PHILEMON _ W in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 174,570. filed late Source: NBB ↗
- Philémon WACHTELAER became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 234,925 profit in 2021 to € 174,570 loss in 2024.
Paid € 56,068 in corporate taxes since 2021.
Best year ever: 2021, with € 234,925 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PHILEMON _ W is Philémon WACHTELAER. Philémon WACHTELAER is also behind Centre d'Information de l'Architecture, de l'Urbanisme et du Design-Informatiecentrum voor Architectuur, Stedebouw en Design and ARCHI.BE.
Directors
According to the 2024 annual accounts
Philémon WACHTELAER
Director
Also active at: Centre d'Information de l'Architecture, de l'Urbanisme et du Design-Informatiecentrum voor Architectuur, Stedebouw en Design, ARCHI.BE
since 2022
Establishments
Establishment units
Physical locations of this company
Kluisstraat 26
1050 Elsene
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
- 0424.221.184
- VAT number
- BE 0424.221.184
- Registered office
- Kluisstraat 26, 1050 Elsene
- Names & denominations
- PHILEMON _ W
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 1983
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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