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P.H.K.

Active
Private limited companyfounded 1997active for 29 yearsArmand Huysmanslaan 21, 1050 Elsene, BelgiumKBO/BCE: BE 0460.110.095
Summary

The computed 12-month bankruptcy probability of P.H.K. is 4.9% (elevated). The annual accounts of P.H.K. for financial year 2024 show a net loss of 97% of total assets and of 96% of the equity at the start of that year. The 2024 annual accounts show equity of €2,710 and a net result of -€61,454. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 8,956 sector peers (NACE 73, financial year 2024). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Market research and public opinion polling
NACE 73200
1 site
Size
€63,527total assets 2024
Equity
€2,710
Loss
-€61,454
Turnover not published (micro format)
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.9%
Structure
Accounts 72 days overdue0 of 3 deeds read
Why 35raises risk1 financial year not filed after the legal deadline; latest accounts 250 days late; 3 of the last 3 lateLoss of €61,454, the second in a row (financial year 2024)Figures for financial year 2024 (filed 08-04-2026)lowers riskFounded in 1997Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 9% of its sector peers (NACE 73, micro)
Financial strength · tick = 2023
Weak
Solvency 29-58
equity 4.3% of total assets
Liquidity 14-38
short-term debt 95.7% · cash 11.1%
Profitability 0=
return on assets -96.7%
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,204 companies, NACE 73, micro)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.7%▲ +0.3 percentage points vs 11-2024 01-2025: 2.0%▲ +1.3 percentage points vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 1.9%▼ -0.1 percentage points vs 02-2025 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.8%▼ -0.1 percentage points vs 04-2025 06-2025: 1.7%▼ -0.1 percentage points vs 05-2025 07-2025: 1.8%▲ +0.1 percentage points vs 06-2025 08-2025: 2.2%▲ +0.4 percentage points vs 07-2025 09-2025: 2.0%▼ -0.2 percentage points vs 08-2025 10-2025: 2.1%▲ +0.1 percentage points vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.8%▲ +0.7 percentage points vs 11-2025 01-2026: 5.4%▲ +2.6 percentage points vs 12-2025 02-2026: 5.4%● unchanged vs 01-2026 03-2026: 5.7%▲ +0.3 percentage points vs 02-2026highest value 04-2026: 5.2%▼ -0.5 percentage points vs 03-2026 05-2026: 3.6%▼ -1.6 percentage points vs 04-2026 06-2026: 3.4%▼ -0.2 percentage points vs 05-2026 07-2026: 3.7%▲ +0.3 percentage points vs 06-2026 08-2026: 4.7%▲ +1.0 percentage point vs 07-2026 09-2026: 4.5%▼ -0.2 percentage points vs 08-2026 10-2026: 4.9%▲ +0.4 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.73, compared with 2.32 in 2023; short-term debt: 95.7% and cash: 11.1% of total assets), and 95.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 73, micro): better than 16% on solvency, 8% on liquidity, 6% on profitability and 5% on growth.

The bankruptcy probability was computed on 10-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Eight signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 250 days late; 3 of the last 3 late
NBB · filings
raises risk · Loss of €61,454, the second in a row (financial year 2024)
NBB · annual accounts
lowers risk · Founded in 1997
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 08-04-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€61,454
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 8956 sector peers (2024).
NBB · sector comparison
Position among 8956 sector peers
Solvency
better than 15%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-04-2026, 250 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
250 days late
2023
138 days late
2022
70 days late
2021
282 days late
2020
195 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 176 days after the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawal
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€61,454
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Equity fell in 2024from €64,163 to €2,710 ▼ 95.8% View
  • Caution: Among the weakest 5% on net resultsector median €13,770 · 8,956 companies -€61,454 View
  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€61,454 View

By topic

Financials

Financial year
2024
Total assets
€63,527
Loss
-€61,454
Solvency
4.3%
Total assets▼ 38.4%
Net result
20182024
Go to Financials

Timeline

Events
32
Since
1998
  1. 09-10-2023Annual accounts filed
  2. 09-05-2023Annual accounts filed
  3. 11-02-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Market research and public opinion pollingNACE 73200
Founded
27-02-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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