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 filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€15,284) and a net result of -€5,410. Equity is shrinking by about 39% per year across the filed financial years. 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).

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Phagacel & PégalachActive

Risk analysis Report Compare

Activity

Sports and recreation education

NACE 85510

1 site

Size

€3,310total assets 2023

Equity: -€15,284
Deficit: -€5,410

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 0.1%

2023 figures too old to score

Structure

2024 accounts not filed, 456 days past the deadline1 of 2 deeds summarised

Signalsraises riskFigures for financial year 2023 (filed 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 available figures for FY 2023 are too old to assess current financial health.

Filing: At least two filing cycles 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, 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% (3,815 companies, NACE 85, micro)

Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 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

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Signals

Six signals.

lowers riskraises risk

Legal form: non-profit association

KBO

Sector: Education (NACE 85)

KBO

Figures for financial year 2023 (filed 01-09-2024)

NBB · annual accounts

Size: total assets €3,310

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

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 deadline30-10-2026 today

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

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

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-08-2024 Annual accounts filedfinancial year 2023 · micro…
10-06-2024 Registered officeDirector in office · Registered-office…
31-12-2023 Weakest financial yearnet -€5,410

Key points

Risk: 2024 accounts not fileddeadline was 31-07-2025 456 days past the deadline View
Risk: Negative equityfinancial year 2023: debts exceed assets -€15,284 View
Risk: 4 loss-making years in a rowloss financial year 2023 -€5,410 View
Caution: Among the weakest 5% on solvencysector median 44.2% · 2,265 companies -461.8% View

By topic

Financials

Financial year: 2023
Total assets: €3,310
Loss: -€5,410
Solvency: -461.8%

Total assets▼ 12.1%

Net result

20202023

Go to Financials

Timeline

Events: 6
Since: 2021

26-07-2023Annual accounts filed
01-07-2022Annual accounts filed
03-08-2021Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Non-profit association
Activity: Sports and recreation educationNACE 85510
Founded: 26-08-2019
Year ends: 31-12
Peppol: Not found in the Peppol directory

Go to Company details

Key facts about Phagacel & Pégalach

What is the company number of Phagacel & Pégalach?: 0732.885.775. In Belgium the VAT number is the company 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?: Non-profit association (VZW).
When was Phagacel & Pégalach 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?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.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.