De Phonograaf
ActiveSummary
The computed 12-month bankruptcy probability of De Phonograaf is 2.0% (moderate). The 2025 annual accounts show equity of €31k and a net result of €-17k. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 13305 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▼-42
Solvency50▼-9
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.72 in 2024; short-term debt: 35% and cash: 11.4% of total assets), and 74.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.5%
Return on assets
-13.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-02-2026, 73 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
73 d early
2024
48 d early
2023
42 d early
2022
4 d early
2021
47 d early
2020
37 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▼ 35.1%
2024 · €47k
2018: €43k
2019: €54k
2020: €55k
2021: €55k
2022: €40k
2023: €37k
2024: €47k
2018 → 2025
Total assets
€120k▼ 13.8%
2024 · €140k
2018: €221k
2019: €193k
2020: €158k
2021: €156k
2022: €145k
2023: €135k
2024: €140k
2018 → 2025
Net result
€-17k
2024 · €10k
2018: €24k
2019: €11k
2020: €1k
2021: €-395
2022: €-15k
2023: €-3k
2024: €10k
2018 → 2025
Working capital
€-26k▼ 169%
2024 · €-10k
2018: €-27k
2019: €-14k
2020: €-6k
2021: €-633
2022: €-16k
2023: €-15k
2024: €-10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€40k▼ 26.7%€37k▼ 7.8%€47k▲ 28.0%€31k▼ 35.1%
Operating result€3k-€-11k€51€13k▲ 25,536%€-15k
Net result€-395-€-15k▼ 3,589%€-3k▲ 78.7%€10k€-17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €13k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120k
Fixed assets
€104k ▼ 9.7%
Current assets
€16k ▼ 32.8%
Equity and liabilities €120k
Equity
€31k ▼ 35.1%
Debt
€90k ▼ 2.8%
Debt's share of the balance-sheet total rises from 66.1% to 74.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8k▼
2024 · €31k
Cash flow
€6k▼
2024 · €29k
Current ratio
0.39▼
2024 · 0.72
Quick ratio
0.36▼
2024 · 0.61
Debt to equity
2.93▲
2024 · 1.95
ROE
-54.1%▼
2024 · 21.9%
ROA
-13.8%▼
2024 · 7.4%
Interest coverage
4.17▼
2024 · 11.77
Debt ≤ 1 year
€42k▲
2024 · €34k
Debt > 1 year
€48k▼
2024 · €58k
Staff costs
€397▼
2024 · €630
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€140k€120k▼
Fixed assets21/28€115k€104k▼
Tangible fixed assets22/27€115k€104k▼
Land and buildings22€88k€78k▼
Plant, machinery and equipment23€13k€11k▼
Furniture and vehicles24€14k€15k▲
Current assets29/58€25k€16k▼
Stocks and contracts in progress3€4k€1k▼
Stocks30/36€4k€1k▼
Amounts receivable within one year40/41€257€1k▲
Other amounts receivable41€257€1k▲
Cash at bank and in hand54/58€20k€14k▼
Equity and liabilities
Total equity and liabilities10/49€140k€120k▼
Equity10/15€47k€31k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€27k€10k▼
Amounts payable17/49€92k€90k▼
Amounts payable after more than one year17€58k€48k▼
Financial debts170/4€58k€48k▼
Amounts payable within one year42/48€34k€42k▲
Current portion of amounts payable after more than one year42€6k€9k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€21k€27k▲
Income statement
Code20242025
Remuneration, social security and pensions62€630€397▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€23k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€34k€11k▼
Operating profit (loss)9901€13k€-15k▼
Financial income75/76B€26-
Recurring financial income75€26-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€10k€-17k▼
Profit (loss) for the period9904€10k€-17k▼
Profit (loss) for the period to be appropriated9905€10k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€10k▼
Profit (loss) brought forward from the previous period14P€16k€27k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-17k ▼261%
Net result drops to €-17k, the lowest in the series.
13-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Assenede · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Markt 69960 AssenedeGround area
266 m²
Building footprint
258 m²
Volume, LiDAR
1,565 m³
Parcel 43002E0688/00C000, Flanders · tallest building 13.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Phonograaf
since 20162.258.870.969
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43002E0688/00C000 | Flanders | 266 m² | 1 · 258 m² | 13.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 297 EUR awarded · 297 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 90 EUR | 90 EUR |
| 2022 | 1 | 207 EUR | 207 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAssenede2.258.870.969
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Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 4,101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2016
Fiscal year end30-09
Activities, NACEBEL 2025
56301Cafés and bars
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.