Equity
-€255,824
Debts exceed assets in financial year 2025.
PHONOTECH
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001Gross marginpeak €469,387 (2025)
€469,387▲ 261%
Resultlowest -€305,125 (2024)
€36,998▲ €342,122
Equitypeak €45,149 (2017)
-€255,824▲ €36,998
Debts
€1.6m▲ 38.9%
Staffpeak 5 FTE (2017)
4.1 FTE▼ 14.6%
Board3 names since 2017
1 directorGP ATHENA
Owners3 names in the annual accounts
Documentsfilings and deeds
11-05-202681 days before the deadline
2025financial year
Gross margin from €130,099 to €469,387Back to profit: €36,998Staff from 4.8 FTE to 4.1 FTEEquity from -€292,822 to -€255,824Debts from €1.1m to €1.6mCash from €28,387 to €105,769
Key points
from the 2025 annual accountsResult
€36,998 €36,998
Back in profit in 2025, after a loss of €305,125 in 2024.
Debts
€1.6m 120% of the balance sheet
Financial debts 4%Suppliers 19%Taxes and wages 2%Other 75%
Of this, €417,799 falls due within a year.
Staff
5 employees on 31-12-2025
In 2025, 6 people joined and 5 left.
Filings
25 annual accounts since 2001
Three of the last ten came late. The 2016 accounts came latest: 29 days after the end of the period.
Position in the sector
-19.5%
Lower solvency than 95% of companies in wood and cork. Sector median 52.1% · 173 companies.
Checked score
55
Fair
Financially stronger than 37% of micro companies in wood and cork (NACE 16)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 1,032 companies (NACE 16, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025lowest value
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.3 percentage points vs 06-2025
08-2025: 5.1%▲ +4.0 percentage points vs 07-2025highest value
09-2025: 5.1%● unchanged vs 08-2025highest value
10-2025: 5.1%● unchanged vs 09-2025highest value
11-2025: 5.1%● unchanged vs 10-2025highest value
12-2025: 5.1%● unchanged vs 11-2025
01-2026: 5.1%● unchanged vs 12-2025
02-2026: 5.1%● unchanged vs 01-2026
03-2026: 5.0%▼ -0.1 percentage points vs 02-2026
04-2026: 5.0%● unchanged vs 03-2026
05-2026: 4.9%▼ -0.1 percentage points vs 04-2026
06-2026: 1.2%▼ -3.7 percentage points vs 05-2026
07-2026: 1.2%● unchanged vs 06-2026
08-2026: 1.2%● unchanged vs 07-2026
09-2026: 1.2%● unchanged vs 08-2026
10-2026: 1.2%● unchanged vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€255,824
Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
lowers risk
Liquidity: current ratio 2.46, cash €105,769
Founded in 2000
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 16, micro). It does better than 9% of them on solvency, 37% on liquidity, 40% on profitability and 64% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,449 companies had the same profile as PHONOTECH has now. Each dot stands for 4 companies, two years later.
92.3%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PHONOTECH itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 1,449 companies, not a prediction for PHONOTECH. 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
No credit on open account
Liquidity is ample, with a current ratio of 2.46 (2.15 in 2024), above the usual 1.5. Short-term debt is 31.9% and cash 8.1% of total assets. However, equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 173 sector peers (2025).
NBB · sector comparisonPosition among 173 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 days early
2024
20 days early
2023
27 days early
2022
12 days early
2021
89 days early
2020
80 days early
2019
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 47 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (4 of the last 5 accounts filed within 55 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- RMS8 consolidatesscore 70equity €617,863 (2025) · annual accounts 2019
Recent changes
1 director appointed, 2 resignations
Resignations: Vincent PIRONT and METIS GROUP · Appointment: GP ATHENA · Permanent representative: Guillaume PIRONT · General meeting of 06-05-2024 · Gazette deed
Changes of role: Vincent PIRONT (director) and METIS GROUP (director)
Permanent representative: Guillaume PIRONT · “La commercialisation de logiciels de mesure acoustique; La conception, la production, l'achat et la vente, la…” (deed in French) · Director discharge: Vincent PIRONT · General meeting of 19-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472982490
First establishment
Rue des Waides 8, Thimister-Clermont
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| PHONOTECH Thimister-Clermont | €1.3m | €469,387 | -19.5% | 4.1 |
| KOPELINO Beernem | €1.2m | €340,218 | 69.9% | 2.8 |
| KOMPAKT Olen | €0.7m | €602,846 | 59.3% | 7.3 |
| PAN-TERRE Herstal | €1.0m | €599,618 | 39.4% | 8.9 |
| WFR Anzegem | €3.4m | €654,473 | 23.4% | 6.2 |
| TREIZE Uccle | €1.0m | €127,796 | 67.0% | 2.8 |
| FINIPAN Wevelgem | €0.4m | €980,793 | 19.4% | 6.5 |
These companies have the same main activity as PHONOTECH: manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16210). They are comparable in size and age: total assets between €419,000 and €3.4m, founded between 1985 and 2012.
Official details
Source: KBO- Status
- Active since 06-10-2000Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 5 November 2026.
- Activity
- Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materialsNACE 16210and 2 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 100Auxiliary committee for blue-collar workers · annual accounts 2025
- Establishment unit
- 2.241.370.4864890 Thimister-Clermont, since 01-04-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- Turnover
- ≈ €1.1mestimated
- Total assets
- €1.3m▲ 56.9%
- Employeeson 31-12-2025
- 5▲ 25.0%
- Filing
- Filed on 11-05-2026, 81 days before the end of the filing period
Insights on PHONOTECH
PHONOTECH has existed since 2000. The present size dates from 2025. The gross margin rose that year from €130,099 to €469,387.
Solvency rose in 2025 from -35.1% to -19.5% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PHONOTECH
- What is the company number of PHONOTECH?
- The company number of PHONOTECH is 0472.982.490. The VAT number is the same number with BE in front: BE 0472.982.490.
- Where is PHONOTECH based?
- The registered office is at Rue des Waides 8, 4890 Thimister-Clermont.Company details
- What does PHONOTECH do?
- According to the KBO register, the main activity is manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16210).
- What is the legal form of PHONOTECH?
- PHONOTECH is a private limited company (BV).
- When was PHONOTECH founded?
- PHONOTECH was founded on 06-10-2000.
- Is PHONOTECH still active?
- Yes, PHONOTECH is an active enterprise in the KBO register.
- How many employees does PHONOTECH have?
- PHONOTECH had an average of 4.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PHONOTECH fall under?
- In its 2025 annual accounts, PHONOTECH states joint committees 200 (Auxiliary committee for white-collar workers) and 100 (Auxiliary committee for blue-collar workers).
- What is the turnover of PHONOTECH?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €469,387 and 2,281 comparable companies of the same size. It probably lies between €670,000 and €1.9m. It is a rough estimate.
- Is PHONOTECH profitable?
- In financial year 2025, PHONOTECH made a profit of €36,998.
- Where can I find the annual accounts of PHONOTECH?
- PHONOTECH filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PHONOTECH due?
- PHONOTECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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