ACTIVE

Philosophy

Financial year 2024 · closed on 31/12/2024
Net result
169,9 k €
+25.6% YoY
Revenue
30,9 k €
-5.5% YoY
Equity
-530,8 k €
+24.3% YoY
Workforce
0,0 ETP

What does Philosophy do?

Philosophy is a Private limited company incorporated in 2007. Its main activity is: Operation of sports facilities. Its registered office is in Brasschaat.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0889.091.112
Incorporation
27/04/2007
Legal form
Private limited company
Registered office
Kapelsesteenweg 292
2930 Brasschaat · FlandreSee on map
Contributed capital
19 000,00 €
Latest accounts
31/12/2024
Average workforce
0,0 ETP
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue30,9 k €32,7 k €109,3 k €71,6 k €83,8 k €104 k €180,6 k €
EBITDA35,1 k €25,9 k €47,9 k €54,7 k €108,2 k €-108,9 k €-136,9 k €-147,4 k €1 M €-9,5 k €77,3 k €50,7 k €40,5 k €18,5 k €6,4 k €23,6 k €47,6 k €
Operating result15,8 k €16,3 k €34,3 k €32,5 k €83,3 k €-196,6 k €-280,5 k €-291,1 k €887,9 k €-167,5 k €-9,8 k €1,9 k €-7 k €-22,4 k €-34,5 k €-17 k €-23,6 k €
Net result169,9 k €135,3 k €18,9 k €22,3 k €61,7 k €183,9 k €-286,2 k €-297,5 k €482,6 k €-166,3 k €-15 k €-407 €-759,3 k €-20,5 k €-33 k €-18,4 k €-27,6 k €
Balance sheet
Equity-530,8 k €-700,7 k €-836 k €-854,9 k €-877,2 k €-938,8 k €-1,1 M €-836,5 k €-539 k €-1 M €-855,2 k €-840,2 k €-839,8 k €-80,5 k €-60 k €-27 k €-8,6 k €
Total assets1,9 M €5,1 M €73,7 k €60,5 k €119,2 k €192,2 k €300,4 k €352,6 k €397,7 k €661,5 k €513,3 k €336,1 k €353,5 k €1 M €1,1 M €1,1 M €161,4 k €
Cash1,8 M €5 M €42,6 k €48,3 k €21,5 k €3,3 k €35,2 k €7,4 k €3,1 k €4 k €11,3 k €3,4 k €11,7 k €1,7 k €19,4 k €
Debts2,4 M €5,8 M €909,7 k €915,4 k €996,4 k €1,1 M €1 M €787,5 k €532,6 k €1,7 M €1,4 M €1,1 M €1,2 M €1,1 M €1,1 M €1,1 M €167,3 k €
Other
Workforce0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

Philip de Groot

Director · since 27 avril 2007

Active

Ended mandates

Philip De Groot

Manager · since 27 avril 2007

Ended
Ph. de Groot

Director

Ended
Ph. de Groot

Manager

Ended
Philip de Groot

Director

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/08/202529/08/202427/09/202330/09/202230/11/202128/10/2020
General meeting31/07/202530/05/202431/08/202331/08/202229/10/202108/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202431/07/202525/08/2025DutchPDF
Abridged model31/12/202330/05/202429/08/2024DutchPDF
Abridged model31/12/202231/08/202327/09/2023DutchPDF
Abridged model31/12/202131/08/202230/09/2022DutchPDF
Abridged model31/12/202029/10/202130/11/2021DutchPDF
Abridged model31/12/201908/09/202028/10/2020DutchPDF
Abridged model31/12/201831/05/201930/08/2019DutchPDF
Abridged model31/12/201730/06/201827/08/2018DutchPDF
Abridged model31/12/201626/05/201728/07/2017DutchPDF
Abridged model31/12/201526/05/201601/08/2016DutchPDF
Abridged model31/12/201428/05/201525/08/2015DutchPDF
Abridged model31/12/201330/05/201429/09/2014DutchPDF
Abridged model31/12/201204/10/201313/11/2013DutchPDF
Abridged model31/12/201131/05/201226/06/2012DutchPDF
Abridged model31/12/201005/09/201110/10/2011DutchPDF
Abridged model31/12/200930/09/201025/10/2010DutchPDF
Abridged model31/12/200828/05/200928/09/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2024 · 1 active · 4 ended

Active mandates

Philip de Groot

Director · since 27 avril 2007

Active

Ended mandates

Philip De Groot

Manager · since 27 avril 2007

Ended
Ph. de Groot

Director

Ended
Ph. de Groot

Manager

Ended
Philip de Groot

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office01/07/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other08/12/2016
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office10/06/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring16/10/2012
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring13/06/2012
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office03/08/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other08/05/2007
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2024
    Annual accounts 2024169,9 k €
  2. 2023
    Annual accounts 2023135,3 k €
  3. 2022
    Annual accounts 202218,9 k €
  4. 2021
    Annual accounts 202122,3 k €
  5. 2020
    Annual accounts 202061,7 k €
  6. 2019
    Annual accounts 2019183,9 k €
  7. 2018
    Annual accounts 2018-286,2 k €
  8. 2017
    Annual accounts 2017-297,5 k €
  9. 2016
    Annual accounts 2016482,6 k €
  10. 2015
    Annual accounts 2015-166,3 k €
  11. 2014
    Annual accounts 2014-15 k €
  12. 2013
    Annual accounts 2013-407 €
  13. 2012
    Annual accounts 2012-759,3 k €
  14. 2011
    Annual accounts 2011-20,5 k €
  15. 2010
    Annual accounts 2010-33 k €
  16. 2009
    Annual accounts 2009-18,4 k €
  17. 2008
    Annual accounts 2008-27,6 k €
  18. 27/04/2007
    IncorporationPrivate limited company