Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PHILIPS BELGIUM COMMERCIAL from Jette, company number BE0632761088, closed financial year 2025 with a result of € 208,659 after tax. For that financial year PHILIPS BELGIUM COMMERCIAL recorded revenue of € 66.9 million and equity of € 13.3 million. Compared with financial year 2024, the result moved from € 1.3 million to € 208,659. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 13.3 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 208,659
▼ 84% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
Cash and bank balances on the last day of the fiscal year.
€ 1.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
163.1
▼ 8.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 24 million
▼ 2% vs 2024
€ 147,200 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5.3 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 6.8 million
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 73,511,988 | € 68,534,937 | € 73,679,204 | € 66,877,901 | ▼ 9% |
| Profit after taxes | € 1,088,813 | € 1,057,540 | € 1,305,787 | € 208,659 | ▼ 84% |
| Equity | € 14,031,481 | € 14,056,021 | € 14,356,809 | € 13,325,467 | ▼ 7% |
| Total debts | € 19,836,631 | € 15,927,356 | € 25,325,316 | € 16,193,195 | ▼ 36% |
| Cash | € 4,099,130 | € 8,097,246 | € 0 | € 1,053,107 | |
| Retained profit | € 1,531,481 | € 1,556,021 | € 1,856,809 | € 825,467 | ▼ 56% |
| Dividend | € 2,471,000 | € 1,033,000 | € 1,005,000 | € 1,240,000 | ▲ 23% |
| Bank debt | € 0 | € 0 | € 6,162,296 | € 0 | ▼ 100% |
| Balance sheet total | € 35,571,262 | € 32,606,255 | € 42,635,334 | € 33,015,315 | ▼ 23% |
| Employees (FTE) | 183.5 | 174.5 | 171.3 | 163.1 | ▼ 8.2 |
Key figures of PHILIPS BELGIUM COMMERCIAL, 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 PHILIPS BELGIUM COMMERCIAL?
What happened at PHILIPS BELGIUM COMMERCIAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gerry Leppens stepped down as director. NBB
- Guido De Bisschop stepped down as director. NBB
- Terence Vanstals stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 208,659 (▼ 84% vs 2024). Source: NBB ↗
- Gerry Leppens became a director. NBB
- Terence Vanstals became a director. NBB
- Guido De Bisschop became a director. NBB
- New establishment in Brussel. KBO
In short
From € 1.1 million profit in 2022 to € 208,659 profit in 2025.
Paid € 2.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.3 million profit.
Paid out € 5.7 million in dividends to the owners in total.
A new publication or filing at PHILIPS BELGIUM COMMERCIAL? We notify you, reason included.
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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
The shares are held by Koninklijke Philips NV (100%).
Directors
According to the 2025 annual accounts
Gerry Leppens
Director
since 2024 · until 2030
Guido De Bisschop
Director
since 2022 · until 2027
Terence Vanstals
Director
since 2022 · until 2027
Shareholders
Koninklijke Philips NV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Burgemeester Etienne Demunterl. 1
1090 Jette
de Meeûssquare 23
1000 Brussel
Active since 1 February 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
philips.be
Registered
1993-12-31
Website info
Features
Security
Details
- Company number
- 0632.761.088
- VAT number
- BE 0632.761.088
- Registered office
- Burgemeester Etienne Demunterl. 1, 1090 Jette
- Names & denominations
- PHILIPS BELGIUM COMMERCIAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2015
- Peppol
- Not registered
- Contact
- philips.be
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