PHA GROUP
ActiveThe computed 12-month bankruptcy probability of PHA GROUP is 3.9% (moderate). The 2024 annual accounts show equity of €25k and a net result of €22k. Its solvency ranks better than 74% of 396 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency96
Growth-
Track record79
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity ample (current ratio 3.09; short-term debt: 29.4% and cash: 57.7% of total assets), and 29.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 61
Relative position
BE, all sectors
reference
Sector 61
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 13-11-2025, 105 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
105 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€25k
Total assets
€36k
Net result
€22k
Working capital
€22k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €36k
Fixed assets
€3k
Current assets
€32k
Equity and liabilities €36k
Equity
€25k
Debt
€10k
Debt finances 29.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€23k
Cash flow
€23k
Solvency
70.6%
Current ratio
3.09
Quick ratio
3.09
Debt / equity
0.42
ROE
88.1%
ROA
62.2%
Interest coverage
180.82
Debt
€10k
Debt ≤ 1 year
€10k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€36k
Fixed assets21/28€3k
Tangible fixed assets22/27€1k
Plant, machinery and equipment23€1k
Financial fixed assets28€2k
Current assets29/58€32k
Amounts receivable within one year40/41€12k
Trade receivables40€12k
Cash at bank and in hand54/58€21k
Equity and liabilities
Total equity and liabilities10/49€36k
Equity10/15€25k
Contributions10/11€3k
Profit (loss) carried forward14€22k
Amounts payable17/49€10k
Amounts payable within one year42/48€10k
Trade debts44€846
Suppliers440/4€846
Taxes, remuneration and social security45€4k
Taxes450/3€4k
Other amounts payable47/48€6k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€456
Other operating charges640/8€116
Gross operating margin9900€23k
Operating profit (loss)9901€22k
Financial charges65/66B€126
Recurring financial charges65€126
Profit (loss) for the period before taxes9903€22k
Profit (loss) for the period9904€22k
Profit (loss) for the period to be appropriated9905€22k
Appropriation of the result
Profit (loss) to be appropriated9906€22k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 105 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Wemmel · 1 establishment unit since 2023
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.
Lt. Graffplein 151780 WemmelGround area
220 m²
Building footprint
254 m²
Volume, LiDAR
3,136 m³
2 parcels, Brussels, Flanders · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
PHA GROUP
since 20232.353.038.866
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 fl. |
| 21809K0164/00P002 | Brussels | 72 m² | 1 · 110 m² | 22.9 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IBRAHIM 911
BE 1006.770.225
Zaventem · Eq €25k
ADM
BE 0463.498.167
Niel · Eq €25k
NGN TELECOM
BE 1004.991.462
Liedekerke · Eq €25k
KORAB
BE 1004.568.226
Ternat · Eq €25k
BMY SERVICE
BE 1006.172.486
Sint-Jans-Molenbeek · Eq €26k
Of 1,376 companies in sector 61100 we hold annual accounts for 586. 348 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-03-2023
Fiscal year end31-12
Activities, NACEBEL
61100Wired, wireless and satellite telecommunications
61200Telecommunications
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.