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PH TECHNICAL SERVICES

Active
Private limited companyfounded 2024active for 2 yearsTulpenlaan 16, 2520 Ranst, BelgiumKBO/BCE: BE 1012.101.067
Summary

PH TECHNICAL SERVICES has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,391 and a net result of €31,391. Its solvency ranks better than 74% of 1,680 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Repair and maintenance of machinery
NACE 33120
1 site
Size
≈ €160,000turnover 2025, estimated
Equity
€32,391
Profit
€31,391
Turnover estimated from the gross margin
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 4 days early
Why 90raises riskFounded in 2024Size: total assets €47,929lowers riskLiquidity: current ratio 2.97, cash €36,880Equity €32,391 (67.6% of total assets)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 83% of its sector peers (NACE 33, micro)
Financial strength
Strong
Solvency 93
equity 67.6% of total assets
Liquidity 86
short-term debt 32.4% · cash 76.9%
Profitability 100
return on assets 65.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,388 companies, NACE 33, micro)
Last 24 months 08-2025: 1.8% 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.9%▲ +0.1 percentage points vs 09-2025 11-2025: 2.3%▲ +0.4 percentage points vs 10-2025 12-2025: 2.4%▲ +0.1 percentage points vs 11-2025 01-2026: 2.7%▲ +0.3 percentage points vs 12-2025 02-2026: 2.7%● unchanged vs 01-2026 03-2026: 2.9%▲ +0.2 percentage points vs 02-2026 04-2026: 3.0%▲ +0.1 percentage points vs 03-2026 05-2026: 2.9%▼ -0.1 percentage points vs 04-2026 06-2026: 2.9%● unchanged vs 05-2026 07-2026: 3.2%▲ +0.3 percentage points vs 06-2026 08-2026: 3.3%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 3.3%● unchanged vs 08-2026highest value 10-2026: 0.3%▼ -3.0 percentage points vs 09-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.97, above the usual 1.5; short-term debt: 32.4% and cash: 76.9% of total assets), and 32.4% of the assets are financed with debt and provisions.
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 33, micro): better than 75% on solvency, 84% on liquidity and 90% on profitability.

The bankruptcy probability was computed on 27-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.97, cash €36,880
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €47,929
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €32,391 (67.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
4 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: HOREMANS Patrik (director) ·…

Financials · financial year 2025, micro format

Turnover
≈ €160,000
Estimated: probably between €96,000 and €290,000
Total assets
€47,929
Net result
€31,391
Working capital
€30,540

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €47,929
Fixed assets €1,851
Current assets €46,079
Equity and liabilities €47,929
Equity €32,391
Debt €15,539
Debt finances 32.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€39,545
Cash flow
€31,550
Current ratio
2.97
Debt to equity
0.48
ROE
96.9%
ROA
65.5%
Debt ≤ 1 year
€15,539
Income taxes
€8,020

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€47,929
Fixed assets21/28€1,851
Tangible fixed assets22/27€1,851
Plant, machinery and equipment23€1,851
Current assets29/58€46,079
Amounts receivable within one year40/41€8,832
Trade receivables40€7,707
Other amounts receivable41€1,124
Cash at bank and in hand54/58€36,880
Deferred charges and accrued income490/1€367
Equity and liabilities
Total equity and liabilities10/49€47,929
Equity10/15€32,391
Contributions10/11€1,000
Profit (loss) carried forward14€31,391
Amounts payable17/49€15,539
Amounts payable within one year42/48€15,539
Trade debts44€3,062
Suppliers440/4€3,062
Taxes, remuneration and social security45€12,476
Taxes450/3€12,476
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€160
Gross operating margin9900€39,545
Operating profit (loss)9901€39,385
Financial income75/76B€26
Recurring financial income75€26
Profit (loss) for the period before taxes9903€39,411
Income taxes67/77€8,020
Profit (loss) for the period9904€31,391
Profit (loss) for the period to be appropriated9905€31,391
Appropriation of the result
Profit (loss) to be appropriated9906€31,391

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€160
Gross operating margin9900€39,545
Operating profit (loss)9901€39,385
Financial income75/76B€26
Recurring financial income75€26
Profit (loss) for the period before taxes9903€39,411
Income taxes67/77€8,020
Profit (loss) for the period9904€31,391
Profit (loss) for the period to be appropriated9905€31,391
Line2025
Assets
Total assets20/58€47,929
Fixed assets21/28€1,851
Tangible fixed assets22/27€1,851
Plant, machinery and equipment23€1,851
Current assets29/58€46,079
Amounts receivable within one year40/41€8,832
Trade receivables40€7,707
Other amounts receivable41€1,124
Cash at bank and in hand54/58€36,880
Deferred charges and accrued income490/1€367
Equity and liabilities
Total equity and liabilities10/49€47,929
Equity10/15€32,391
Contributions10/11€1,000
Profit (loss) carried forward14€31,391
Amounts payable17/49€15,539
Amounts payable within one year42/48€15,539
Trade debts44€3,062
Suppliers440/4€3,062
Taxes, remuneration and social security45€12,476
Taxes450/3€12,476
Line2025
Profit (loss) for the period9904€31,391
+ Depreciation and write-downs630€160
Operating cash flow (approximation)€31,550

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 27-01-2026 2026-00016759

Similar companies · same sector, comparable size

Of the 3,709 active companies whose main activity is repair and maintenance of machinery (NACE 33120), figures are known for 1,405. 1,018 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
HOREMANS Patrik
Director (not named in the articles) · since 02-08-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
HOREMANS Patrik
  • Director (not named in the articles), from 02-08-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 02-08-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 02-08-2024 Incorporation · €1,000

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

PH TECHNICAL SERVICES was incorporated on 31 July 2024 as a private limited company by one natural person, with a starting capital of €1,000.12 Since 2024, HOREMANS Patrik has served as director of the company.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-08-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
27-01
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
02-08
Gazette deed Incorporation
Appointment: HOREMANS Patrik (director) · Founder · Founding capital4 facts ▸
  • Incorporation, 31-07-2024
  • Founder, HOREMANS Patrik
  • Founding capital, €1,000
  • Director appointment, HOREMANS Patrik (director (not named in the articles))
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded31-07-2024
Financial year end30-06
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012101067
Also 9925:BE1012101067
Registered 11-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ranst · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
648 m²
Building footprint
121 m²
Building volume
463 m³
Parcel 11035C0108/00F002, Flanders · tallest building 8.0 m. Linked by address, not a title deed.
1 establishment unit
PH TECHNICAL SERVICES
Tulpenlaan 16, 2520 RanstRepair and maintenance of machinery
since 2024unit no. 2.362.379.768
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11035C0108/00F002 Flanders 648 m² 1 · 121 m² 8.0 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
PH TECHNICAL SERVICES
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, Tulpenlaan 16,2520 Ranst” (deed in Dutch)

deed of 02-08-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Intern bestuur Iedere bestuurder is bevoegd om alle handelingen te verrichten die nodig of dienstig zijn tot verwezenlijking van het…”
Board ruleHow the board is made up, meets and takes decisions.
“1” (deed in Dutch)
“Bepaalde of onbepaalde termijn, hoofdelijk met rechtspersoon alsof mandaat in eigen naam en voor eigen rekening” (deed in Dutch)
“Tenzij anders bepaald in benoemingsbesluit, te allen tijde ontslag door loutere kennisgeving aan bestuursorgaan” (deed in Dutch)

deed of 02-08-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Friday of December at 17:00

deed of 02-08-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bestemming winst en vaststelling uitkeringen, commissaris beoordeelt conform artikel 5:143,2e lid WVV in voorkomend geval” (deed in Dutch)
Other provision: “Uitkeringen uit winst lopende boekjaar of winst voorgaande boekjaar zolang jaarrekening nog niet goedgekeurd,in voorkomend geval verminderd…” (deed in Dutch)
Liquidation distribution: “Vereffenaar, goederen nog in natura voorhanden op dezelfde wijze verdeeld” (deed in Dutch)
Other provision: “Alle handelingen nodig of dienstig tot verwezenlijking voorwerp, intern bestuur” (deed in Dutch)
Other provision: “Toelatingsvoorwaarden algemene vergadering, houder van effecten op naam moet als zodanig ingeschreven zijn in het register van de effecten…” (deed in Dutch)
Other provision: “Bepaalde of onbepaalde termijn, handelingen en beslissingen binnen behoeften dagelijks leven;handelingen en beslissingen die wegens minder…” (deed in Dutch)
1 more provision in the deed, see the deed of 02-08-2024

deed of 02-08-2024