What does PHILIPS do?

PHILIPS is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Private Limited, started on 8 December 2022, 1 establishment.

What is the address of PHILIPS?

The registered office of PHILIPS is located at Dorp 3, 9968 Assenede.

Is PHILIPS still active?

Yes. According to the CBE (15 November 2026) PHILIPS is active, legal situation “Normale toestand”, started on 8 December 2022.

Is PHILIPS registered on Peppol?

Yes, PHILIPS is registered on the Peppol network with ID 0208:0794542539.

What is the enterprise number of PHILIPS?

The enterprise number of PHILIPS is BE0794542539.

When was PHILIPS founded?

PHILIPS was founded on 8 December 2022.

Who are the directors of PHILIPS?

According to the 2025 annual accounts, the directors of PHILIPS are: Timothy Philips.

Is PHILIPS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 December 2022; 3 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 1 events from the Belgian Official Gazette processed.

How much profit did PHILIPS make in 2025?

PHILIPS posted a profit after taxes of € 73,122 in financial year 2025.

What is the revenue of PHILIPS?

As a small company, PHILIPS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 96,769.

PHILIPS (Private Limited) - Assenede - BE0794542539

Dossier PHILIPS, printed on 15 November 2026 from databakkes.be/en/0794542539/philips. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

PHILIPS from Assenede, company number BE0794542539, closed financial year 2025 with a result of € 73,122 after tax. For that financial year PHILIPS recorded a gross margin of € 96,769 and equity of € 29,478. Compared with financial year 2024, the result moved from € -63,309 to € 73,122. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 26, 2026.

What it is worth Growing

€ 29,478

▲ € 73,122 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 73,122

▲ still € 63,309 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 121,819

▲ € 101,808 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 26,478.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 24,689

▼ 32% vs 2024

€ 11,874 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 14,389

▼ 72% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 29,145

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year
	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 23,978 Gross margin 2023: € 23,978 First fiscal year in the series	€ 21,398 Gross margin 2024: € 21,398 ▼ 11% vs 2023 (€ 23,978) Unfavourable step	€ 96,769 Gross margin 2025: € 96,769 ▲ € 75,371 vs 2024 (€ 21,398) Favourable step	▲ € 75,371
Profit after taxes	€ 16,665 Profit after taxes 2023: € 16,665 First fiscal year in the series	€ -63,309 Profit after taxes 2024: € -63,309 ▼ € 79,974 vs 2023 (€ 16,665) Unfavourable step	€ 73,122 Profit after taxes 2025: € 73,122 ▲ € 136,431 vs 2024 (€ -63,309) Favourable step	▲ € 136,431
Equity	€ 19,665 Equity 2023: € 19,665 First fiscal year in the series	€ -43,644 Equity 2024: € -43,644 ▼ € 63,309 vs 2023 (€ 19,665) Unfavourable step	€ 29,478 Equity 2025: € 29,478 ▲ € 73,122 vs 2024 (€ -43,644) Favourable step	▲ € 73,122
Total debts	€ 52,620 Total debts 2023: € 52,620 First fiscal year in the series	€ 109,097 Total debts 2024: € 109,097 ▲ 107% vs 2023 (€ 52,620) Unfavourable step	€ 100,842 Total debts 2025: € 100,842 ▼ 8% vs 2024 (€ 109,097) Favourable step	▼ 8%
Cash	€ 20,035 Cash 2023: € 20,035 First fiscal year in the series	€ 20,012 Cash 2024: € 20,012 Unchanged (€ 20,035) Unfavourable step	€ 121,819 Cash 2025: € 121,819 ▲ € 101,808 vs 2024 (€ 20,012) Favourable step	▲ € 101,808
Retained profit	€ 16,665 Retained profit 2023: € 16,665 First fiscal year in the series	€ -46,644 Retained profit 2024: € -46,644 ▼ € 63,309 vs 2023 (€ 16,665) Unfavourable step	€ 26,478 Retained profit 2025: € 26,478 ▲ € 73,122 vs 2024 (€ -46,644) Favourable step	▲ € 73,122
Bank debt	€ 20,848 Bank debt 2023: € 20,848 First fiscal year in the series	€ 36,109 Bank debt 2024: € 36,109 ▲ 73% vs 2023 (€ 20,848) Unfavourable step	€ 24,689 Bank debt 2025: € 24,689 ▼ 32% vs 2024 (€ 36,109) Favourable step	▼ 32%
Balance sheet total	€ 72,285 Balance sheet total 2023: € 72,285 First fiscal year in the series	€ 65,453 Balance sheet total 2024: € 65,453 ▼ 9% vs 2023 (€ 72,285) Unchanged	€ 130,319 Balance sheet total 2025: € 130,319 ▲ 99% vs 2024 (€ 65,453) Unchanged	▲ 99%

Key figures of PHILIPS, 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.

Ask about PHILIPS the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to PHILIPS?

What happened at PHILIPS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 26, 2026 New annual accounts for financial year 2025: profit of € 73,122. filed late Source: NBB ↗
Dec 12, 2022 Incorporation, published in the Gazette. Source: Staatsblad ↗
Dec 8, 2022 New establishment in Assenede. KBO
2022 Timothy Philips became a director. NBB

In short

From € 16,665 profit in 2023 to € 73,122 profit in 2025.

Paid € 10,211 in corporate taxes since 2023.

Best year ever: 2025, with € 73,122 profit.

Original PDFs at the National Bank ↗

Management

Timothy Philips

PHILIPS

Bogaert-BV

Behind PHILIPS is Timothy Philips. Timothy Philips is also behind Bogaert-BV.

Directors

According to the 2025 annual accounts

Timothy Philips

Director

Also active at: Bogaert-BV

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Dorp 3

9968 Assenede

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Bogaert-BV same network

€ 390,442 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Shareholders according to the Official Gazette deeds

Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.

Incorporation

12 December 2022 Source: Deed ↗

PHILIPS Timothy Patriek Nancy(oprichter) 100%

Details

Company number: 0794.542.539
VAT number: BE 0794.542.539
Registered office: Dorp 3, 9968 Assenede
Names & denominations: PHILIPS
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 8 December 2022
Peppol: Active · Active since 30 Sept 2026
Activities · NACE: Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗