Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MMA Philippe from Houffalize, company number BE0787535575, closed financial year 2025 with a result of € -11,639 after tax. For that financial year MMA Philippe recorded revenue of € 50,350 and equity of € -32,138. Compared with financial year 2024, the result moved from € -10,690 to € -11,639. 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 29, 2026.
€ -32,138
▼ € 11,639 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,639
▼ 9 % more loss than in 2024
Profit after tax over the fiscal year.
€ 20,426
▲ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -32,338.
People and assets in 2025
€ 2,818
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 29,221
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 119,731
▲ 39% vs 2024
Loans from banks and other lenders, long and short.
€ 1,279
▲ € 1,251 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,885
▲ 128% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 44,486 | € 32,729 | € 50,350 | ▲ 54% |
| Gross margin | € 5,844 | € 3,281 | € 8,911 | ▲ 172% |
| Profit after taxes | € -10,009 | € -10,690 | € -11,639 | ▼ € 949 |
| Equity | € -9,809 | € -20,499 | € -32,138 | ▼ € 11,639 |
| Total debts | € 92,662 | € 88,389 | € 126,192 | ▲ 43% |
| Cash | € 25,851 | € 12,887 | € 20,426 | ▲ 59% |
| Land & buildings | - | € 20,044 | € 20,044 | |
| Retained profit | € -10,009 | € -20,699 | € -32,338 | ▼ € 11,639 |
| Bank debt | € 84,515 | € 86,215 | € 119,731 | ▲ 39% |
| Balance sheet total | € 82,853 | € 67,890 | € 94,053 | ▲ 39% |
Key figures of MMA Philippe, fiscal years 2023 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 MMA Philippe?
What happened at MMA Philippe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,639. filed late Source: NBB ↗
- New establishment in Houffalize. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,009 loss in 2023 to € 11,639 loss in 2025.
Establishments
Establishment units
Physical locations of this company
Rue Voie-de-Messe 4
6660 Houffalize
Place du Crucifix 1
6660 Houffalize
Active since 22 June 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0787.535.575
- VAT number
- BE 0787.535.575
- Registered office
- Rue Voie-de-Messe 4, 6660 Houffalize
- Names & denominations
- MMA Philippe · Brasserie Philippe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2022
- Peppol
- Active · Active since 4 Jul 2022
- Contact
- [email protected] +32497031522
- Activities · NACE
Vervaardiging van bier