ACTIVE

PHILIPPAERTS

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Financial year 2025 · closed on 31/12/2025

Net result

991 k €

-9.9% YoY

Gross margin

1,4 M €

-14.0% YoY

Equity

4,1 M €

+31.9% YoY

Workforce

3,0 ETP

-23.1% YoY

What does PHILIPPAERTS do?

PHILIPPAERTS is a Public limited company incorporated in 1990. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Alken. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.323.688

Incorporation

22/01/1990

Legal form

Public limited company

Registered office

Industrieterrein Kolmen 1102
3570 Alken · FlandreSee on map

Contributed capital

136 104,81 €

Latest accounts

31/12/2025

Average workforce

3,0 ETP

Activities (NACE)

47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main 47112Retail sale in non-specialised stores with food, beverages or tobacco predominating 47781Other retail sale of new goods in specialised stores 47781Other retail sale of new goods in specialised stores 52112Warehousing and storage 52481Warehousing and support activities for transportation+9

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,4 M €	-14.0%	1,7 M €	+10.8%	1,5 M €	+17.7%	1,3 M €	+2.1%	1,2 M €	-15.6%	1,5 M €	+45.5%	1 M €	+9.4%	923,8 k €	+1.0%	914,4 k €	+0.1%	913,4 k €		–		–		–		822,5 k €	+3.7%	793,2 k €	-10.5%	886,5 k €	-2.6%	910 k €	+25.6%	724,8 k €	+15.4%	628,2 k €	+0.2%	627,2 k €
EBITDA	1,2 M €	-10.5%	1,4 M €	+9.7%	1,3 M €	+19.0%	1,1 M €	+7.0%	989,7 k €	-20.9%	1,3 M €	+62.2%	771,6 k €	+11.0%	695,5 k €	+15.8%	600,4 k €	-16.7%	720,5 k €	+15.8%	622,1 k €	-9.8%	689,4 k €	+4.8%	657,7 k €	+6.8%	615,7 k €	+5.6%	583 k €	-22.3%	750,5 k €	+6.0%	707,7 k €	+43.2%	494,1 k €	+1.4%	487,3 k €	+4.5%	466,2 k €
Operating result	1,2 M €	-12.0%	1,4 M €	+12.9%	1,2 M €	+18.0%	1 M €	+23.8%	846,7 k €	-27.9%	1,2 M €	+81.1%	648,1 k €	+13.7%	569,9 k €	-4.5%	596,9 k €	-11.3%	673 k €	+10.8%	607,6 k €	-12.0%	690,2 k €	+9.5%	630,2 k €	+3.6%	608,6 k €	+4.9%	580 k €	-8.5%	633,6 k €	-3.2%	654,4 k €	+51.9%	430,8 k €	+0.3%	429,8 k €	+13.9%	377,2 k €
Net result	991 k €	-9.9%	1,1 M €	+17.7%	934,6 k €	+19.3%	783,2 k €	+14.4%	684,8 k €	-7.6%	741 k €	+66.6%	444,9 k €	+7.8%	412,9 k €	-1.5%	419,1 k €	-18.9%	516,8 k €	+20.0%	430,6 k €	-18.9%	531,2 k €	+10.1%	482,3 k €	+5.2%	458,3 k €	+1.3%	452,5 k €	-15.3%	533,9 k €	+11.1%	480,6 k €	+42.8%	336,6 k €	+1.6%	331,1 k €	+22.7%	269,8 k €
Balance sheet
Equity	4,1 M €	+31.9%	3,1 M €	+54.8%	2 M €	-3.2%	2,1 M €	+60.8%	1,3 M €	-28.6%	1,8 M €	-26.8%	2,5 M €	-34.6%	3,8 M €	+12.3%	3,4 M €	+14.3%	2,9 M €	-34.6%	4,5 M €	+10.6%	4,1 M €	+15.1%	3,5 M €	+15.8%	3 M €	+17.7%	2,6 M €	+21.2%	2,1 M €	-6.8%	2,3 M €	+26.6%	1,8 M €	+22.9%	1,5 M €	+29.0%	1,1 M €
Total assets	5 M €	+19.8%	4,1 M €	+28.8%	3,2 M €	-6.2%	3,4 M €	-1.6%	3,5 M €	+28.0%	2,7 M €	-21.1%	3,5 M €	-31.9%	5,1 M €	+13.9%	4,4 M €	+12.0%	4 M €	-26.4%	5,4 M €	+5.9%	5,1 M €	+13.4%	4,5 M €	+12.4%	4 M €	+9.3%	3,7 M €	+13.3%	3,2 M €	-3.4%	3,3 M €	+9.2%	3,1 M €	+15.5%	2,7 M €	+2.9%	2,6 M €
Cash	1,9 M €	+59.7%	1,2 M €	-23.3%	1,6 M €	-6.8%	1,7 M €	-10.0%	1,8 M €	+71.8%	1,1 M €	-34.1%	1,6 M €	-45.2%	3 M €	+6.0%	2,8 M €	+7.9%	2,6 M €	+14.8%	2,3 M €	-23.8%	3 M €	+22.5%	2,4 M €	+71.0%	1,4 M €	+15.1%	1,2 M €	-13.1%	1,4 M €	+18.3%	1,2 M €	+37.9%	873 k €	+65.1%	528,8 k €	-46.0%	980 k €
Debts	856,4 k €	-16.4%	1 M €	-14.7%	1,2 M €	-11.3%	1,4 M €	-38.1%	2,2 M €	+139%	914,6 k €	-7.1%	984,2 k €	-23.8%	1,3 M €	+19.1%	1,1 M €	+6.5%	1 M €	+14.5%	890,5 k €	-13.0%	1 M €	+7.2%	954,7 k €	+0.8%	947 k €	-11.2%	1,1 M €	-2.2%	1,1 M €	+10.6%	986,3 k €	-15.5%	1,2 M €	+5.3%	1,1 M €	-18.7%	1,4 M €
Other
Workforce	3,0 ETP	-23.1%	3,9 ETP	-27.8%	5,4 ETP	+1.9%	5,3 ETP	-11.7%	6,0 ETP	+7.1%	5,6 ETP	-8.2%	6,1 ETP	-1.6%	6,2 ETP	+6.9%	5,8 ETP	0.0%	5,8 ETP	-1.7%	5,9 ETP	+1.7%	5,8 ETP	-1.7%	5,9 ETP	+13.5%	5,2 ETP	-10.3%	5,8 ETP	-1.7%	5,9 ETP	0.0%	5,9 ETP	-1.7%	6,0 ETP	+46.3%	4,1 ETP	+2.5%	4,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 24 ended

Active mandates

Ludo Philippaerts

Managing director · since 19 décembre 2023 · until 19 décembre 2029

Active

Philippaerts Invest

Director · since 19 décembre 2023 · until 19 décembre 2029 · 0827.031.896

Represented by Linda Philippaerts

Active

Somagis

Director · since 19 décembre 2023 · until 19 décembre 2029 · 0826.738.423

Represented by Guido Philippaerts

Active

Steven Philippaerts

Managing director · since 19 décembre 2023 · until 19 décembre 2029

Active

Ended mandates

Ludo Philiaerts

Managing director · since 19 décembre 2023 · until 19 décembre 2029

Ended

Steven Philipaerts

Managing director · since 19 décembre 2023 · until 19 décembre 2029

Ended

Guido Philippaerts

Managing director · since 15 juin 2020 · until 15 juin 2025

Ended

Guido Philippaerts

Managing director · since 15 juin 2020 · until 15 juin 2026

Ended

At this address

Other companies at this address

Company	CBE no.
Groep Philippaerts● Active	0559.861.234
PHILIPPAERTS IMMO● Active	0833.394.997
Philippaerts Invest● Active	0827.031.896

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2026	16/07/2025	25/07/2024	14/07/2023	06/07/2022	20/07/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	19/06/2023	20/06/2022	21/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	23/07/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	16/07/2025	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	25/07/2024	Dutch	PDF
Abridged model	31/12/2022	19/06/2023	14/07/2023	Dutch	PDF
Abridged model	31/12/2021	20/06/2022	06/07/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	20/07/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	22/09/2020	Dutch	PDF
Abridged model	31/12/2018	17/06/2019	25/06/2019	Dutch	PDF
Abridged model	31/12/2017	18/06/2018	20/08/2018	Dutch	PDF
Abridged model	31/12/2016	19/06/2017	10/08/2017	Dutch	PDF
Full model	31/12/2015	20/06/2016	29/06/2016	Dutch	PDF
Full model	31/12/2014	15/06/2015	22/06/2015	Dutch	PDF
Full model	31/12/2013	16/06/2014	18/06/2014	Dutch	PDF
Abridged model	31/12/2012	17/06/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	18/06/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	11/08/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	26/06/2009	Dutch	PDF
Abridged model	31/12/2007	16/06/2008	15/07/2008	Dutch	PDF
Abridged model	31/12/2006	18/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 24 ended

Active mandates

Ludo Philippaerts

Managing director · since 19 décembre 2023 · until 19 décembre 2029

Active

Philippaerts Invest

Director · since 19 décembre 2023 · until 19 décembre 2029 · 0827.031.896

Represented by Linda Philippaerts

Active

Somagis

Director · since 19 décembre 2023 · until 19 décembre 2029 · 0826.738.423

Represented by Guido Philippaerts

Active

Steven Philippaerts

Managing director · since 19 décembre 2023 · until 19 décembre 2029

Active

Ended mandates

Ludo Philiaerts

Managing director · since 19 décembre 2023 · until 19 décembre 2029

Ended

Steven Philipaerts

Managing director · since 19 décembre 2023 · until 19 décembre 2029

Ended

Guido Philippaerts

Managing director · since 15 juin 2020 · until 15 juin 2025

Ended

Guido Philippaerts

Managing director · since 15 juin 2020 · until 15 juin 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/03/2011
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring14/02/2011
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring28/09/2010
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates08/07/2010
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025991 k €↓
2024
Annual accounts 20241,1 M €↑
2023
Annual accounts 2023934,6 k €↑
2022
Annual accounts 2022783,2 k €↑
2021
Annual accounts 2021684,8 k €↓
2020
Annual accounts 2020741 k €↑
2019
Annual accounts 2019444,9 k €↑
2018
Annual accounts 2018412,9 k €↓
2017
Annual accounts 2017419,1 k €↓
2016
Annual accounts 2016516,8 k €↑
2015
Annual accounts 2015430,6 k €↓
2014
Annual accounts 2014531,2 k €↑
2013
Annual accounts 2013482,3 k €↑
2012
Annual accounts 2012458,3 k €↑
2011
Annual accounts 2011452,5 k €↓
2010
Annual accounts 2010533,9 k €↑
2009
Annual accounts 2009480,6 k €↑
2008
Annual accounts 2008336,6 k €↑
2007
Annual accounts 2007331,1 k €↑
2006
Annual accounts 2006269,8 k €
22/01/1990
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PHILIPPAERTS

Overview

What does PHILIPPAERTS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline