PHADO
ActiveSummary
For PHADO, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €349,629 and a net result of €40,938. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 68% of 9523 sector peers (fiscal year 2024). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · fiscal year 2024, micro schema
In the rankings
#2 oldest company in Kapelle-op-den-Bos, Administrative and support services sector#7 company by equity in Kapelle-op-den-Bos, Administrative and support services sector#9 company by total assets in Kapelle-op-den-Bos, Administrative and support services sector
Equity
€349,629▲ 13.3%
2023 · €308,691
Total assets
€504,059▼ 6.2%
2023 · €537,437
Net result
€40,938▲ 132%
2023 · €17,672
Working capital
-€74,219▼ 5.6%
2023 · -€70,312
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€59,927▼ 9.3%€36,809▼ 38.6%€67,135▲ 82.4%€42,483▼ 36.7%€57,933▲ 36.4%
Net result€34,112above the sector's middle half▲ 98.0%€4,627within the sector's middle half▼ 86.4%€56,572above the sector's middle half▲ 1,123%€17,672within the sector's middle half▼ 68.8%€40,938within the sector's middle half▲ 132%
Equity€229,820above the sector's middle half▲ 17.4%€234,447above the sector's middle half▲ 2.0%€291,019above the sector's middle half▲ 24.1%€308,691above the sector's middle half▲ 6.1%€349,629above the sector's middle half▲ 13.3%
Total assets€614,322above the sector's middle half▼ 4.5%€589,378above the sector's middle half▼ 4.1%€571,646above the sector's middle half▼ 3.0%€537,437above the sector's middle half▼ 6.0%€504,059above the sector's middle half▼ 6.2%
Debt€384,502▼ 14.2%€354,931▼ 7.7%€280,627▼ 20.9%€228,746▼ 18.5%€154,430▼ 32.5%
Working capital-€100,226below the sector's middle half▲ 16.3%-€88,247below the sector's middle half▲ 12.0%-€53,721below the sector's middle half▲ 39.1%-€70,312below the sector's middle half▼ 30.9%-€74,219below the sector's middle half▼ 5.6%
Solvency37.4%within the sector's middle half▲ 7.0pp39.8%within the sector's middle half▲ 2.4pp50.9%within the sector's middle half▲ 11.1pp57.4%within the sector's middle half▲ 6.5pp69.4%within the sector's middle half▲ 11.9pp
Current ratio0.01below the sector's middle half=0.06below the sector's middle half▲ 0.050.15below the sector's middle half▲ 0.090.10below the sector's middle half▼ 0.050.00below the sector's middle half▼ 0.10
Return on assets (ROA)5.6%within the sector's middle half▲ 2.9pp0.8%within the sector's middle half▼ 4.8pp9.9%within the sector's middle half▲ 9.1pp3.3%within the sector's middle half▼ 6.6pp8.1%within the sector's middle half▲ 4.8pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 36% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €504,059
Fixed assets
€503,909 ▼ 4.9%
Current assets
€150 ▼ 98.1%
Equity and liabilities €504,059
Equity
€349,629 ▲ 13.3%
Debt
€154,430 ▼ 32.5%
Debt's share of the balance-sheet total falls from 42.6% to 30.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€87,006▲
2023 · €70,491
Cash flow
€70,011▲
2023 · €45,680
Debt to equity
0.44▼
2023 · 0.74
ROE
11.7%▲
2023 · 5.7%
Interest coverage
10.23▼
2023 · 10.96
Debt ≤ 1 year
€74,369▼
2023 · €78,127
Debt > 1 year
€80,061▼
2023 · €150,619
Income taxes
€8,486▼
2023 · €18,566
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,354 | €29,354 | €28,008 | €28,008 | €29,073 | ▲ 3.8% |
| Other operating charges640/8 | - | €1,214 | €1,459 | €1,905 | €1,830 | ▼ 3.9% |
| Gross operating margin9900 | €90,492 | €67,377 | €96,602 | €72,396 | €88,836 | ▲ 22.7% |
| Operating profit (loss)9901 | €59,927 | €36,809 | €67,135 | €42,483 | €57,933 | ▲ 36.4% |
| Financial income75/76B | - | €529 | €244 | €187 | - | - |
| Recurring financial income75 | €7 | €529 | €244 | €187 | - | - |
| Financial charges65/66B | - | €13,768 | €4,516 | €6,432 | €8,509 | ▲ 32.3% |
| Recurring financial charges65 | €5,897 | €13,768 | €4,516 | €6,432 | €8,509 | ▲ 32.3% |
| Profit (loss) for the period before taxes9903 | €54,037 | €23,570 | €62,863 | €36,238 | €49,424 | ▲ 36.4% |
| Income taxes67/77 | €19,925 | €18,943 | €6,291 | €18,566 | €8,486 | ▼ 54.3% |
| Profit (loss) for the period9904 | €34,112 | €4,627 | €56,572 | €17,672 | €40,938 | ▲ 132% |
| Profit (loss) for the period to be appropriated9905 | €34,112 | €4,627 | €56,572 | €17,672 | €40,938 | ▲ 132% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €614,322 | €589,378 | €571,646 | €537,437 | €504,059 | ▼ 6.2% |
| Fixed assets21/28 | €613,492 | €584,138 | €562,180 | €529,622 | €503,909 | ▼ 4.9% |
| Tangible fixed assets22/27 | €461,346 | €431,992 | €410,034 | €377,476 | €351,763 | ▼ 6.8% |
| Land and buildings22 | - | €431,992 | €403,984 | €375,976 | €347,968 | ▼ 7.4% |
| Furniture and vehicles24 | - | - | - | - | €3,795 | - |
| Leasing and similar rights25 | - | - | €6,050 | - | - | - |
| Assets under construction and advance payments27 | - | - | - | €1,500 | - | - |
| Financial fixed assets28 | €152,146 | €152,146 | €152,146 | €152,146 | €152,146 | = |
| Current assets29/58 | €830 | €5,240 | €9,466 | €7,815 | €150 | ▼ 98.1% |
| Current investments50/53 | €572 | €4,966 | €9,365 | €7,719 | - | - |
| Cash at bank and in hand54/58 | €258 | €274 | €101 | €96 | €150 | ▲ 56.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €614,322 | €589,378 | €571,646 | €537,437 | €504,059 | ▼ 6.2% |
| Equity10/15 | €229,820 | €234,447 | €291,019 | €308,691 | €349,629 | ▲ 13.3% |
| Contributions10/11 | - | €21,939 | €21,939 | €21,939 | €21,939 | = |
| Reserves13 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Non-distributable reserves130/1 | - | €5,000 | €5,000 | - | - | - |
| Reserves not available under the articles1311 | - | €5,000 | €5,000 | - | - | - |
| Distributable reserves133 | - | - | - | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €202,881 | €207,508 | €264,080 | €281,752 | €322,690 | ▲ 14.5% |
| Amounts payable17/49 | €384,502 | €354,931 | €280,627 | €228,746 | €154,430 | ▼ 32.5% |
| Amounts payable after more than one year17 | €283,446 | €261,444 | €217,440 | €150,619 | €80,061 | ▼ 46.8% |
| Financial debts170/4 | - | €261,444 | €217,440 | €150,619 | €80,061 | ▼ 46.8% |
| Amounts payable within one year42/48 | €101,056 | €93,487 | €63,187 | €78,127 | €74,369 | ▼ 4.8% |
| Current portion of amounts payable after more than one year42 | - | €44,004 | €44,004 | €44,004 | €49,285 | ▲ 12.0% |
| Financial debts43 | - | €1,936 | €3,212 | - | €3,849 | - |
| Credit institutions430/8 | - | €1,936 | €3,212 | - | €3,849 | - |
| Trade debts44 | €3,099 | €3,278 | €7,191 | €8,155 | €10,788 | ▲ 32.3% |
| Suppliers440/4 | - | €3,278 | €7,191 | €8,155 | €10,788 | ▲ 32.3% |
| Taxes, remuneration and social security45 | - | €19,205 | €8,205 | €18,513 | €10,447 | ▼ 43.6% |
| Taxes450/3 | - | €16,805 | €5,454 | €18,513 | €10,447 | ▼ 43.6% |
| Remuneration and social security454/9 | - | €2,400 | €2,751 | - | - | - |
| Other amounts payable47/48 | - | €25,064 | €575 | €7,455 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,112 | €4,627 | €56,572 | €17,672 | €40,938 | ▲ 132% |
| + Depreciation and write-downs630 | €29,354 | €29,354 | €28,008 | €28,008 | €29,073 | ▲ 3.8% |
| Operating cash flow (approximation) | €63,466 | €33,981 | €84,580 | €45,680 | €70,011 | ▲ 53.3% |
| Investment in fixed assets (approximation) | - | €0 | -€6,050 | €4,550 | -€3,360 | ▼ 174% |
| Change in cash | - | €16 | -€173 | -€5 | €54 | ▲ 1,180% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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