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 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PHILCO from Brussel, company number BE0438483847, closed financial year 2025 with a result of € -330,491 after tax. For that financial year PHILCO recorded a gross margin of € -7,898 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € -2.5 million to € -330,491. 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 31, 2026.
€ 1.4 million
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -330,491
▲ 87 % less loss than in 2024
Profit after tax over the fiscal year.
€ 12,417
▲ € 11,824 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.7 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.2 million
▼ 49% vs 2024
Loans from banks and other lenders, long and short.
€ 399,372
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,556
▲ 254% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 109,086 | € 220,421 | € 53,166 | € -7,898 | ▼ € 61,065 |
| Profit after taxes | € 222,045 | € -6,708 | € -2,480,113 | € -330,491 | ▲ € 2.1 million |
| Equity | € 1,007,955 | € 1,001,247 | € 1,721,133 | € 1,390,643 | ▼ 19% |
| Total debts | € 4,422,236 | € 4,361,970 | € 4,656,750 | € 2,601,890 | ▼ 44% |
| Cash | € 85 | € 68,771 | € 593 | € 12,417 | ▲ € 11,824 |
| Land & buildings | € 68,429 | € 68,429 | € 3,268,429 | € 3,108,429 | ▼ 5% |
| Retained profit | € 945,954 | € 939,246 | € -1,540,867 | € -1,711,358 | ▼ € 170,491 |
| Bank debt | € 4,074,826 | € 4,180,312 | € 4,287,780 | € 2,197,961 | ▼ 49% |
| Balance sheet total | € 5,430,191 | € 5,363,217 | € 6,377,883 | € 3,992,532 | ▼ 37% |
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:
- Nikolaas Coenegrachts stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 330,491. filed late Source: NBB ↗
- Nikolaas Coenegrachts became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 222,045 profit in 2022 to € 330,491 loss in 2025.
Paid € 1,433 in corporate taxes since 2022.
Best year ever: 2022, with € 222,045 profit.
A new publication or filing at PHILCO? We notify you, reason included.
Follow PHILCODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Directors
According to the 2025 annual accounts
Nikolaas Coenegrachts
Director
Also active at: Marsim Beheer, ICN DEVELOPMENT, ICN PROJECTS, ICN BB2930, ICN BB2990, ICN BEL DEV I
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Joseph Stevensstraat 7
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →Fonds de constructions d'institutions hospitalières et médico-sociales de la Communautée francaise
Carrières Saint-Louis de Landelies
€ 105,440 revenue · 2025
Charbonnages de Maurage
€ -11,470 gross margin · 2025
JCDECAUX STREET FURNITURE BELGIUM
€ 90.7 million revenue · 2025
La Maison de l'Employé
€ 42,450 revenue · 2025
+45 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.483.847
- VAT number
- BE 0438.483.847
- Registered office
- Joseph Stevensstraat 7, 1000 Brussel
- Names & denominations
- PHILCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 1989
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Ontwikkeling van niet-residentiële bouwprojecten
Overige zakelijke dienstverlening, neg
Handel in eigen onroerend goed
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering