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Phagacel & Pégalach

Active
Non-profit associationfounded 2019active for 7 yearsChemin des Postes 2, 7060 Soignies, BelgiumKBO/BCE: BE 0732.885.775
Summary

For Phagacel & Pégalach, at least two annual filings are missing. The 2023 annual accounts show negative equity (-€15,284) and a net result of -€5,410. Equity has been shrinking by about 39% per year since 2020. Its solvency ranks better than 5% of 2,265 sector peers (NACE 85, financial year 2023). The association has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 26-08-2019 Normal situation
Activity
Sports and recreation education NACE 85510and 2 others
Establishment unit
2.319.748.664 7060 Soignies, since 01-07-2021
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Bal AlineDirector · since 26-08-2019
  • Engels YannickDirector · since 26-08-2019
  • Fosty AliceDirector · since 26-08-2019

Financial position

Bankruptcy probabilitywithin 12 months
0.1%
2023 figures too old to score
Annual accounts 2023
Gross margin
-€5,117
▼ 64.8%
Deficit
€5,410
▲ 69.3%
Equity
-€15,284
▼ 54.8%
Total assets
€3,310
▼ 12.1%
  • Negative equity on 31-12-2023
  • 2024 accounts not filed, 459 days past the deadline
Turnover not published (micro format)
Filed on 30-08-2024
Signalsraises riskFigures for financial year 2023 (filed on 01-09-2024)Two or more financial years not filed2023 accounts filed 30 days latelowers riskLegal form: non-profit associationSector: Education (NACE 85)Size: total assets €3,310Show the evidence

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Weak
Solvency 0=
equity -461.8% of total assets
Liquidity 48-2
short-term debt 561.8% · cash 38.4%
Profitability 0=
return on assets -163.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (3,821 companies, NACE 85, micro)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: 0.1%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.2%▲ +0.1 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026highest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
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Signals

Six signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · Figures for financial year 2023 (filed on 01-09-2024)
NBB · annual accounts
lowers risk · Size: total assets €3,310
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline02-11-2026 today
raises risk · 2023 accounts filed 30 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
30 days late
2022
5 days early
2021
30 days early
2020
3 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 1 day before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2023 -€15,284 View
  • Risk: 4 loss-making years in a rowloss in financial year 2023 -€5,410 View
  • Caution: Lower solvency than 95% of companies in educationsector median 44.2% · 2,265 companies -461.8% View

Recent changes

  1. · Gazette deed Registered office moved from houdeng-Aimeries to Horrues
  2. · Gazette deed Incorporation
All 7 events

Comparable companies

These companies have the same main activity as Phagacel & Pégalach: sports and recreation education (NACE 85510). They are comparable in size and age: total assets between €3,470 and €5,100, founded between 2017 and 2021.

CompanyTotal assetsGross margin
Phagacel & Pégalach Soignies€3,310-€5,117
PASSEUR D'EN VIE Modave€3,523-€119
Ande Kortrijk€4,132-€4,126
GLOWON Antwerpen€3,599-€9,979
EASY COACHING Villers-la-Ville€3,469-€4,219
IMPAKT SOLUTIONS Oudergem€4,450€1,612
ALTINERA Ottignies-Louvain-la-Neuve€5,097-€1,399
Full comparison

Key facts about Phagacel & Pégalach

What is the company number of Phagacel & Pégalach?
The company number of Phagacel & Pégalach is 0732.885.775. The VAT number is the same number with BE in front: BE 0732.885.775.
Where is Phagacel & Pégalach based?
The registered office is at Chemin des Postes 2, 7060 Soignies.Company details
What does Phagacel & Pégalach do?
According to the KBO register, the main activity is sports and recreation education (NACE 85510).
What is the legal form of Phagacel & Pégalach?
The legal form of Phagacel & Pégalach is Non-profit association (VZW).
When was Phagacel & Pégalach founded?
Phagacel & Pégalach was founded on 26-08-2019.
Is Phagacel & Pégalach still active?
Yes, Phagacel & Pégalach is an active enterprise in the KBO register.
What is the turnover of Phagacel & Pégalach?
The annual accounts for financial year 2023 state no turnover. The micro format does not require it.Financials
Is Phagacel & Pégalach profitable?
In financial year 2023, Phagacel & Pégalach made a loss of €5,410.
Where can I find the annual accounts of Phagacel & Pégalach?
Phagacel & Pégalach filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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