Personal Health Solution
The computed 12-month bankruptcy probability of Personal Health Solution is 1.3% (low). The 2024 annual accounts show equity of €555 and a net result of €-24k. Equity is shrinking by ~62.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 14% of 33 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €555 |
| Net result | €-24k |
| Better than sector | 14% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.6% | 41.4% | |
| Net result | €-24k | €36k | |
| Equity | €555 | €169k | |
| Gross operating margin | €-431 | €370k | |
| Total assets | €96k | €561k |
Show 9 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-944 |
| Net profit | €-24k |
| Cash flow | €-4k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €96k |
| Equity | €555 |
| Debt | €95k |
| of which ≤ 1y | €56k |
| of which > 1y | €39k |
| Working capital | €-37k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.33 |
| Quick ratio | 0.33 |
| Working capital ratio | -38.8% |
| Solvency | 0.6% |
| Debt / equity | 171.76 |
| Long-term debt ratio | 71.00 |
| Interest coverage | -0.27 |
| Gross margin | - |
| Net margin | - |
| ROA | -24.8% |
| ROE | -4290.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €96k |
| Fixed assets | 21/28 | €77k |
| Intangible fixed assets | 21 | €77k |
| Current assets | 29/58 | €19k |
| Amounts receivable within one year | 40/41 | €13k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €96k |
| Equity | 10/15 | €555 |
| Contributions / capital | 10/11 | €14k |
| Reserves | 13 | €0 |
| Accumulated profits (losses) | 14 | €-13k |
| Amounts payable | 17/49 | €95k |
| Amounts payable after one year | 17 | €39k |
| Amounts payable within one year | 42/48 | €56k |
| Trade debts payable within one year | 44 | €28k |
| Income statement | ||
| Gross operating margin | 9900 | €-431 |
| Operating result | 9901 | €-20k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-24k |
| Net result for the period | 9904 | €-24k |
| Result to be appropriated | 9905 | €-24k |
-
Pitteman EngineeringDirectorState Gazette act 24062524 (17-04-2024)Current12-11-2023 → present
-
JBJ ENGINEERINGLegal entityDirector· perm. rep.: DEPOORTER, JimState Gazette act 22350642 (05-08-2022)Current05-08-2022 → present
-
PERSONAL HEALTH PLANLegal entityDirector· perm. rep.: SCHAUBROECK, MartijnState Gazette act 22350642 (05-08-2022)Current05-08-2022 → present
| NACE primary | Uitgeven van computerspellen(58210) |
| Legal form | Private limited company(610) |
| Incorporation | 13-04-2021 |
| Status | Active |
| Postal code | 8400 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0524/00Z000 | Flanders | 508 m² | 1 · 135 m² | 8.3 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-04-2024 2 directors appointed
- Pitteman Engineering, Bestuurder
- BV FRWRD, Dagelijks bestuur
Technical details
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"corrected_publication_numac": null
}05-08-2022 Capital increase of €10,000 to €14,000
- €4.000 → €14.000
- Inbreng in geld · Apport en numéraire
Technical details
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}| Legal nameNL | Personal Health Solution |
| AbbreviationNL | PHS |