Equity
€396,800 ▲ 14.5%
46phi has made a profit without a break since 2023.
46phi
Overview
Lifetime
5 annual accounts with figures on one time axispeak €274,242 (2024)
€93,307▼ 66.0%
lowest -€16,999 (2022)
€50,134▼ 70.9%
peak €396,800 (2025)
€396,800▲ 14.5%
€33,444▼ 28.3%
Board1 name since 2020
1 director
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €274,242 to €93,307Result from €172,112 to €50,134Equity from €346,666 to €396,800Debts from €46,673 to €33,444
Key points
from the 2025 annual accountsResult
€50,134 ▼ 70.9%
The result fell in 2025 from €172,112 to €50,134.
Turnover
≈ €120,000 estimated
The micro format states no turnover.
Liquidity
11.87 was 7.27 in 2024
Short-term debts fell from €46,146 to €32,868.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 28 to 47 days before the end of the period.
Position in the sector
92.2%
Higher solvency than 93% of companies in real estate. Sector median 28.9% · 17,199 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as 46phi has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for 46phi. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 22-12-2020
- 167 sharesdeed of 24-12-2020
- 167 sharesdeed of 24-12-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0760428431
Incorporation
Founding capital of €334,000, 334 shares, €146,800 paid up · Founders: and · Appointment: (director) · published on 24-12-2020 · Gazette deed
First establishment
Willekenslaan 76, Begijnendijk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| 46phi Begijnendijk | €430,243 | €93,307 | 92.2% | - |
| IMMINCKUS Châtelet | €467,476 | €89,668 | 25.2% | - |
| BOXSECURISE Tournai | €432,039 | €105,386 | 27.7% | 0 |
| CSF HORSE TRADING Charleroi | €476,171 | €84,990 | 56.6% | - |
| NEXIUS OFFICE Nivelles | €375,058 | €82,215 | 5.0% | - |
| LAURAKI Hasselt | €483,149 | €94,553 | 42.2% | - |
| JLR Projects Kortenberg | €594,056 | €89,878 | 33.8% | - |
These companies have the same main activity as 46phi: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €375,000 and €594,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 22-12-2020Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 8 others
- Establishment unit
- 2.314.449.0013130 Begijnendijk, since 22-12-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 04-01-2026
Annual accounts 2025
- €93,307▼ 66.0%
- €50,134▼ 70.9%
- €396,800▲ 14.5%
- €430,243▲ 9.4%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on 46phi
46phi files the micro format. That format states no turnover. The gross margin rose from €3,317 in 2021 to €93,307 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadline€93,307
▼ 66.0%
€73,820
▼ 70.0%
€50,134
▼ 70.9%
€357,288
▲ 23.5%
92.2%
▲ 4.1 percentage points
11.87
▲ 4.60
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €100,000 and €150,000.
Balance sheet
balance sheet total €430,243 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
92.2%
Higher than 93% of 17,199 companies in 2025.
11.87
Higher than 93% of 16,496 companies in 2025.
11.7%
Higher than 77% of 16,875 companies in 2025.
46phi
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
430,243 | 393,339 | 195,233 | 115,045 | 130,790 | |
21/28 |
40,088 | 57,863 | 85,294 | 59,195 | 95,641 | |
22/27 |
40,088 | 57,863 | 85,294 | 59,195 | 95,641 | |
23 |
1,413 | 3,051 | 652 | - | - | |
24 |
38,675 | 54,812 | 4,689 | 6,327 | 7,965 | |
26 |
- | 0 | 79,953 | 52,868 | 87,675 | |
29/58 |
390,156 | 335,476 | 109,939 | 55,850 | 35,149 | |
40/41 |
7,383 | 100,866 | 23,946 | 2,542 | 4,851 | |
40 |
7,383 | 100,475 | 22,274 | 2,288 | 1 | |
41 |
0 | 391 | 1,672 | 253 | 4,849 | |
50/53 |
200,000 | - | - | - | - | |
54/58 |
180,910 | 232,643 | 84,339 | 53,237 | 30,237 | |
490/1 |
1,863 | 1,967 | 1,654 | 72 | 61 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
430,243 | 393,339 | 195,233 | 115,045 | 130,790 | |
10/15 |
396,800 | 346,666 | 174,553 | 113,723 | 130,722 | |
10/11 |
146,800 | 146,800 | 146,800 | 146,800 | 146,800 | |
13 |
222,246 | 172,112 | - | - | - | |
133 |
222,246 | 172,112 | - | - | - | |
14 |
27,753 | 27,753 | 27,753 | -33,077 | -16,078 | |
17/49 |
33,444 | 46,673 | 20,680 | 1,322 | 68 | |
42/48 |
32,868 | 46,146 | 20,151 | 1,322 | 68 | |
44 |
614 | 1,883 | 2,311 | 1,322 | 68 | |
440/4 |
614 | 1,883 | 2,311 | 1,322 | 68 | |
45 |
26,764 | 44,264 | 17,840 | - | - | |
450/3 |
26,764 | 44,264 | 17,840 | - | - | |
47/48 |
5,490 | - | - | - | - | |
492/3 |
576 | 527 | 529 | - | - | |
| Income statement | ||||||
9900 |
93,307 | 274,242 | 101,038 | 19,842 | 3,317 | |
630 |
19,088 | 27,431 | 32,705 | 36,446 | 18,656 | |
640/8 |
400 | 387 | 384 | 348 | 695 | |
9901 |
73,820 | 246,424 | 67,949 | -16,952 | -16,034 | |
65/66B |
45 | 48 | 55 | 48 | 44 | |
65 |
45 | 48 | 55 | 48 | 44 | |
9903 |
73,775 | 246,376 | 67,894 | -16,999 | -16,078 | |
67/77 |
23,641 | 74,263 | 7,064 | - | - | |
9904 |
50,134 | 172,112 | 60,830 | -16,999 | -16,078 | |
9905 |
50,134 | 172,112 | 60,830 | -16,999 | -16,078 | |
| Appropriation of the result | ||||||
9906 |
77,887 | 199,866 | 27,753 | -33,077 | -16,078 | |
14P |
27,753 | 27,753 | -33,077 | -16,078 | - | |
691/2 |
50,134 | 172,112 | - | - | - | |
6921 |
50,134 | 172,112 | - | - | - | |
| Document | ||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00214639 | |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00214851 | |
| 31-12-2023 | micro format | 03-07-2024 | 2024-00207114 | |
| 31-12-2022 | micro format | 14-06-2023 | 2023-00124969 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20094582 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 92,908 | 273,855 | 100,654 | 19,494 | 2,622 | ||
| 69,222 | 199,544 | 93,535 | 19,447 | 2,578 | ||
| 1,313 | 0 | 84,669 | 0 | 114,297 | ||
| -51,733 | 148,304 | 31,102 | 23,000 | - | ||
| 357,288 | 289,330 | 89,788 | 54,528 | 35,081 | ||
| 92.2% | 88.1% | 89.4% | 98.9% | 99.9% | ||
| 11.87 | 7.27 | 5.46 | 42.23 | - | ||
| 0.08 | 0.13 | 0.12 | 0.01 | 0.00 | ||
| 12.6% | 49.6% | 34.8% | -14.9% | -12.3% | ||
| 11.7% | 43.8% | 31.2% | -14.8% | -12.3% | ||
| over 100 | over 100 | over 100 | over 100 | 59.93 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,313 | - | €84,669 | - | €112,624 |
| Intangible fixed assets | - | - | - | - | €1,673 |
| Financial fixed assets | - | - | - | - | €0 |
| €19,088 | €27,431 | €32,705 | €36,446 | €18,656 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on 46phi
The operating result for 2025 is 70% lower than in 2024.
Debt's share of the balance-sheet total falls from 11.9% to 7.8%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 22-12-2020
term without a fixed end
listed in the 2025 annual accounts, filed on 29-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 13. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”deed of 24-12-2020
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), from 22-12-2020 to date
Control
Founders
,
This company
46phi
Equity €396,800
Profit €50,134 in 2025
Capital
- Contribution
- €146,800
- Shares
- 334
- Contribution per share
- €440
- Equity per share
- €1,188 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 24-12-2020 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste overdrager en helft ten laste koper(s),naar evenredigheid aantal verworven aandelen bij meer dan één koper, elke…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 24-12-2020 ↗
- 167 shares (50%) · €167,000
- 167 shares (50%) · €167,000
Network & group
No group
46phi has no parent and no holdings in its annual accounts. is the only director. 46phi shares no director with another company.
Timeline
Timeline
13 events since 2020Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 32 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0760428431
2025
Annual accounts 2024 filed PDFmicro format · 29 days before the deadline
2024
Highest result from 2021 to 2025 net €172,112 ▲183% The operating result of €246,424 and the net result of €172,112 are both a record.
Equity above €200,000 equity €346,666 ▲98.6% After 2 profitable years in a row, equity reaches €346,666.
Annual accounts 2023 filed PDFmicro format · 28 days before the deadline
2023
Back to profit net €60,830 The net result is €60,830, after 2 loss-making years.
Equity above €150,000 equity €174,553 ▲53.5% Equity rises from €113,723 to €174,553.
Annual accounts 2022 filed PDFmicro format · 47 days before the deadline
2022
Weakest financial year net -€16,999 The net result drops to -€16,999, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 34 days before the deadline
2020
IncorporationFounding capital of €334,000, 334 shares, €146,800 paid up · Founders: and · Appointment: (director) · published on 24-12-20207 points ▸
- Founder,
- Founder,
- Founding capital, €334,000, 334 shares
- 334 shares
- Registered office clause, Willekenslaan 76, 3130 Betekom
- Board rule, 1
- Director appointment, (director (not named in the articles))
- The deed holds 8 more points.
First establishment Willekenslaan 76, Begijnendijk
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0760.428.431
- VAT number
- BE 0760.428.431
- Peppol ID
- 0208:0760428431
- Other Peppol ID
- 9925:BE0760428431
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 22-12-2020
- Financial year
- ends on 31 December
- Peppol
- Reachable since 04-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- 46phi in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 24-12-2020 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- 46phideed of 24-12-2020 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 24-12-2020 (in Dutch)
Activities
NACEBEL 202568203
Renting and operating of own or leased non-residential real estate, excluding land main activity
68202
Real estate activities
68204
Real estate activities
93130
Fitness centres
Codes under NACEBEL 2008
68203
Real estate rental main activity
47252
Retail trade
68201
Real estate activities
68202
Real estate activities
68204
Real estate activities
70220
Business consulting
77110
Renting of cars
93130
Sports, amusement and recreation activities
96040
Personal service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het inrichten,organiseren,uitbaten,verhuren en anderszins ter beschikking stellen van binnen-en buitenruimtes; Het…”deed of 24-12-2020 (in Dutch)
21 activities
- Het inrichten,organiseren,uitbaten,verhuren en anderszins ter beschikking stellen van binnen-en buitenruimtes
- Het inrichten,organiseren,uitbaten,verhuren en anderszins ter beschikking stellen van materialen en hulpmiddelen voor fitness,sport,wellness,zwembaden,sauna’s en dergelijke,en,in het algemeen,voor het versterken,instandhouden en herstellen van mentale en fysieke gezondheid,welzijn,rust en ontspanning,concentratie,inspiratie,innovatie en dergelijke meer,alsook het creëren van gunstige omstandigheden daartoe
- Het ontwikkelen en ontplooien van alle activiteiten met het oog op het informeren en opleiden over,en het beïnvloeden,toepassen,verbeteren en optimaliseren van processen en praktijken op basis van duurzaamheidsprincipes in de ruimste zin,zowel op individueel als collectief vlak,waaronder ondernemingen,verenigingen,gemeenschappen en andere samenwerkings- en samenlevingsvormen,alsook de maatschappij,milieu,klimaat,de wereld in haar geheel en de wisselwerking tussen elk van deze
- Het onderzoeken en bepalen van onderbouwde methodologieën,theorieën,praktijken,alsook het beheren,uitvoeren,toepassen,administreren en versterken van dergelijke methodologieën,theorieën,praktijken en specifieke know-how in of als deel van beslissingsprocessen,strategieën en bedrijfsvoering in het algemeen of specifieke deeldomeinen daarvan
- Het analyseren,uitwerken,verbeteren,optimaliseren en automatiseren van processen
- Het onderzoeken,uitwerken,testen,verbeteren,integreren,bijdragen aan,en beoordelen,verifiëren en valideren van artificiële intelligentie,en methodologieën en oplossingen die daarvan gebruik maken
- Het ontwikkelen en ontplooien van alle activiteiten in het kader van en met het oog op fact-checking,en het verifiëren en valideren van verklaringen,vaststellingen,bewijzen,besluiten,veralgemeningen en dergelijke,en beweringen in het algemeen
- De aankoop/verkoop,import/export van wijnen,likeuren en sterke dranken,alsook de vervaardiging daarvan,in hun geheel of bepaalde benodigdheden of deelprocessen daarvan,inclusief wijnbouw
- De aankoop/verkoop,import/export van wagens,alsook leasing en renting daarvan,alsook het organiseren en uitbaten van deelvervoer
- Het ontwikkelen en ontplooien van alle activiteiten met het oog op het creëren en commercialiseren van intellectuele eigendomsrechten,alsook het begeleiden en faciliteren daarvan,inclusief het creëren,uitgeven,publiceren en exploiteren van boeken,tijdschriften,artikels,muziek,grafische en beeldende kunst,software,applicaties en dergelijke,in welke vorm ook
- Het ontwikkelen en ontplooien van en als tussenpersoon optreden voor het organiseren en verlenen van gepersonaliseerde diensten
- Het inrichten,uitbaten of anderszins deelnemen aan de organisatie en commercialisatie van evenementen,wedstrijden,spelen,teambuildings,manifestaties,tentoonstellingen,excursies en reizen,zowel in werkelijkheid als virtueel en enige combinatie daarvan
- Het inrichten en uitbaten van webshops,alsook het commercialiseren van digitale of andere abonnements- en andere formules in verband met bovenstaande activiteiten,alsook het verkopen,distribueren en aanbieden van ondersteunende,ancillaire of anderszins daaraan gekoppelde of gerelateerde producten en diensten
- Het opzetten,uitbaten en deelnemen aan agenturen,franchises en commissie-gebaseerde activiteiten en diensten
- Het begeleiden,faciliteren en verstrekken van adviezen in verband met alle bovenstaande activiteiten
- Alle financiële transacties,zoals de werving door aankoop of anderszins van onder meer effecten,obligaties of aandelen van al dan niet geassocieerde ondernemingen
- De aankoop,verkoop,cessie en ruil van alle roerende waarden,aandelen,deelbewijzen,obligaties,overheidsfondsen,opties en alle andere roerende rechten
- Het verwerven,beheren huren of verhuren,vervaardigen,overdragen,... van alle roerende of onroerende goederen,inclusief de zakelijke rechten verbonden aan deze laatsten voor zover van toepassing.De vennootschap kan tevens alle roerende en onroerende goederen als investering verwerven,zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met haar voorwerp
- Het opnemen van mandaten,inclusief deze van vereffenaar,bestuurder,zaakvoerder,... in vennootschappen en verenigingen
- Het stellen van alle roerende of onroerende handelingen die rechtstreeks of onrechtstreeks verband houden met haar voorwerp of gelijkaardige voorwerpen
- Het verschaffen van alle garanties
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Willekenslaan 76 registered office 3130 Begijnendijk | 22-12-2020 | 2.314.449.001 |
Buildings and parcels at the address
- Ground area
- 815 m²
- Buildings
- 121 m²
- Volume, LiDAR
- 685 m³
- Tallest building
- 6.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24010B0488/00R000 | 815 m² | 1 · 121 m² | 6.8 m · 2 |