Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Philippe Gillet from Tongeren-Borgloon, company number BE0438242139, closed financial year 2026 with a result of € 271,149 after tax. For that financial year Philippe Gillet recorded revenue of € 0 and equity of € -332,037. Compared with financial year 2025, the result moved from € 90,960 to € 271,149. Profitable, and profit is growing. 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 30, 2026.
€ -332,037
▼ € 768,628 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 271,149
▲ 198% vs 2025
Profit after tax over the fiscal year.
€ 208,487
▼ 2% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 161,937 paid out
60 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 1,632
▼ 27% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 247,640
▲ € 217,644 vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|
| Gross margin | € 152,427 | € 194,223 | € 426,296 | ▲ 119% |
| Profit after taxes | € 61,732 | € 90,960 | € 271,149 | ▲ 198% |
| Equity | € 347,349 | € 436,591 | € -332,037 | ▼ € 768,628 |
| Total debts | € 370,930 | € 315,295 | € 550,453 | ▲ 75% |
| Cash | € 118,913 | € 212,046 | € 208,487 | ▼ 2% |
| Land & buildings | € 1,289 | € 1,289 | € 0 | ▼ 100% |
| Retained profit | € 313,249 | € 402,491 | € 511,702 | ▲ 27% |
| Dividend | € 71,228 | € 1,718 | € 161,937 | ▲ € 160,219 |
| Bank debt | € 171,214 | € 136,929 | € 0 | ▼ 100% |
| Balance sheet total | € 730,184 | € 761,720 | € 218,417 | ▼ 71% |
Key figures of Philippe Gillet, fiscal years 2024 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Philippe Gillet?
What happened at Philippe Gillet in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 271,149 (▲ 198% vs 2025). Source: NBB ↗
- Elisabeth Hermans became a director. NBB
- Philippe Gillet became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 61,732 profit in 2024 to € 271,149 profit in 2026.
Paid € 226,164 in corporate taxes since 2024.
Best year ever: 2026, with € 271,149 profit.
Paid out € 234,884 in dividends to the owners in total.
Management
Behind Philippe Gillet are Philippe Gillet and Elisabeth Hermans.
Directors
According to the 2026 annual accounts
Philippe Gillet
Administrator-manager
since 2023
Elisabeth Hermans
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Lindebornstraat 31
3700 Tongeren-Borgloon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.242.139
- VAT number
- BE 0438.242.139
- Registered office
- Lindebornstraat 31, 3700 Tongeren-Borgloon
- Names & denominations
- Philippe Gillet
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 1989
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
Gemengd landbouwbedrijf
Gemengd bedrijf