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 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHILIPPUS IMMO PROJECTS from Geetbets, company number BE0648791329, closed financial year 2025 with a result of € -90,886 after tax. For that financial year PHILIPPUS IMMO PROJECTS recorded a gross margin of € -35,575 and equity of € -5,043. Compared with financial year 2024, the result moved from € -45,933 to € -90,886. 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 August 17, 2026.
€ -5,043
▼ € 90,886 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -90,886
▼ 98 % more loss than in 2024
Profit after tax over the fiscal year.
€ 8,093
▲ € 6,307 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -45,043.
People and assets in 2025
€ 2,119
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▲ 3% vs 2024
€ 17,872 is repaid this year. At this pace the long-term loan is gone in ≈ 44 years.
€ 32,667
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,271 | € 88,080 | € 21,089 | € -35,575 | ▼ € 56,664 |
| Profit after taxes | € -26,781 | € 21,334 | € -45,933 | € -90,886 | ▼ € 44,953 |
| Equity | € 97,942 | € 119,276 | € 85,843 | € -5,043 | ▼ € 90,886 |
| Total debts | € 1,527,011 | € 1,499,168 | € 2,091,995 | € 2,205,451 | ▲ 5% |
| Cash | € 80,289 | € 6,759 | € 1,786 | € 8,093 | ▲ € 6,307 |
| Land & buildings | € 361,898 | € 364,596 | € 352,362 | € 340,128 | ▼ 3% |
| Retained profit | € 70,442 | € 91,776 | € 45,843 | € -45,043 | ▼ € 90,886 |
| Bank debt | € 1,382,557 | € 1,382,465 | € 1,934,860 | € 2,002,184 | ▲ 3% |
| Balance sheet total | € 1,624,953 | € 1,618,444 | € 2,177,838 | € 2,200,408 | ▲ 1% |
Key figures of PHILIPPUS IMMO PROJECTS, 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 PHILIPPUS IMMO PROJECTS?
What happened at PHILIPPUS IMMO PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 90,886. filed late Source: NBB ↗
- New establishment in Ganshoren. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,781 loss in 2022 to € 90,886 loss in 2025.
Paid € 140 in corporate taxes since 2022.
Best year ever: 2023, with € 21,334 profit.
Management
Behind PHILIPPUS IMMO PROJECTS is Kevin Philippus. Kevin Philippus is also behind Makikinvest.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Hulsbeekstraat 95
3450 Geetbets
Laurent Heirbautstraat 14
1083 Ganshoren
Active since 18 February 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0648.791.329
- VAT number
- BE 0648.791.329
- Registered office
- Hulsbeekstraat 95, 3450 Geetbets
- Names & denominations
- PHILIPPUS IMMO PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 2016
- Peppol
- Active · Active since 18 Dec 2025
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