PHALANX
ActivePHALANX has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292k and a net result of €108k. Equity is growing by ~128.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency89▲+16
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.53 against 3.18 in 2024), but 55.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.7%
Return on assets
16.5%
Age of the figures
15 mo
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 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
49 d early
2023
15 d early
2022
92 d early
2021
94 d early
2020
on the day
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€40k
EBIT margin
27.6%
Net result
€108k▲ 7.3%
2024 · €100k
2019: €8k
2020: €987
2021: €9k
2022: €34k
2023: €37k
2024: €100k
2019 → 2025
Working capital
€182k▲ 42.8%
2024 · €127k
2019: €17k
2020: €19k
2021: €33k
2022: €72k
2023: €70k
2024: €127k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€47k▲ 272%€84k▲ 78.1%€184k▲ 120%€292k▲ 58.5%
Operating result€15k-€52k▲ 246%€60k▲ 15.5%€143k▲ 138%€158k▲ 10.6%
Net result€9k-€34k▲ 296%€37k▲ 6.7%€100k▲ 173%€108k▲ 7.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 11% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €652k
Fixed assets
€419k▲ 9.2%
Current assets
€233k▲ 25.6%
Equity and liabilities €652k
Equity
€292k▲ 58.5%
Debt
€361k▼ 6.4%
The debt ratio falls from 67.7% to 55.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€225k▲
2024 · €185k
Cash flow
€175k▲
2024 · €143k
Solvency
44.7%▲
2024 · 32.3%
Current ratio
4.53▲
2024 · 3.18
Quick ratio
4.53▲
2024 · 3.18
Debt / equity
1.24▼
2024 · 2.09
ROE
36.9%▼
2024 · 54.5%
ROA
16.5%▼
2024 · 17.6%
Interest coverage
15.18▼
2024 · 27.28
Debt
€361k▼
2024 · €385k
Debt ≤ 1 year
€51k▼
2024 · €58k
Debt > 1 year
€280k▼
2024 · €297k
Income taxes
€39k▲
2024 · €38k
Staff costs
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€569k€652k▲
Fixed assets21/28€384k€419k▲
Tangible fixed assets22/27€384k€419k▲
Land and buildings22€383k€419k▲
Plant, machinery and equipment23€591€285▼
Financial fixed assets28€62€62=
Current assets29/58€186k€233k▲
Amounts receivable within one year40/41€4k€58k▲
Trade receivables40-€51k
Other amounts receivable41€4k€7k▲
Current investments50/53€125k-
Cash at bank and in hand54/58€23k€175k▲
Deferred charges and accrued income490/1€33k-
Equity and liabilities
Total equity and liabilities10/49€569k€652k▲
Equity10/15€184k€292k▲
Contributions10/11€20k€20k=
Reserves13€164k€271k▲
Distributable reserves133€164k€271k▲
Amounts payable17/49€385k€361k▼
Amounts payable after more than one year17€297k€280k▼
Financial debts170/4€297k€280k▼
Amounts payable within one year42/48€58k€51k▼
Current portion of amounts payable after more than one year42€17k€18k▲
Financial debts43€21k€13k▼
Credit institutions430/8€21k€13k▼
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€8k€17k▲
Taxes450/3€8k€17k▲
Other amounts payable47/48€11k-
Accrued charges and deferred income492/3€30k€30k=
Income statement
Code20242025
Non-recurring operating income76A-€600
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€67k▲
Other operating charges640/8€8k€3k▼
Non-recurring operating charges66A-€33k
Gross operating margin9900€194k€263k▲
Operating profit (loss)9901€143k€158k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€7k€15k▲
Recurring financial charges65€7k€15k▲
Profit (loss) for the period before taxes9903€138k€147k▲
Income taxes67/77€38k€39k▲
Profit (loss) for the period9904€100k€108k▲
Profit (loss) for the period to be appropriated9905€100k€108k▲
Appropriation of the result
Profit (loss) to be appropriated9906€100k€108k▲
Transfer to equity691/2€100k€108k▲
To other reserves6921€100k€108k▲
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
Next filing, fiscal year 2026, expected by
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €108k ▲7.3%
Operating result €158k, net result €108k, both a record.
30-06
Financial
Equity above €200kEq €292k ▲58.5%
7 profitable years in a row build equity to €292k.
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Equity above €150kEq €184k ▲120%
6 profitable years in a row build equity to €184k.
16-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €987 ▼87.5%
Net result drops to €987, the lowest in the series; recovery starts the following year.
2019
26-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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, Brasschaat · 1 establishment unit since 2008
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.
Bredabaan 12372930 BrasschaatGround area
2,038 m²
Building footprint
300 m²
Volume, LiDAR
2,005 m³
Parcel 11008B0178/00P000, Flanders · tallest building 19.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Phalanx BVBA
since 20082.171.343.515
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008B0178/00P000 | Flanders | 2,038 m² | 1 · 300 m² | 19.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
LIMBO
BE 0462.960.907
Lommel · Eq €291k
Beautiful Jostine
BE 0692.542.980
Wuustwezel · Eq €291k
IMMO32
BE 0507.604.760
Tongeren-Borgloon · Eq €292k
Quick-MSDS
BE 0835.394.583
Ronse · Eq €292k
TRAVACOL
BE 0405.709.131
Merelbeke-Melle · Eq €293k
Of 4,406 companies in sector 46180 we hold annual accounts for 1,875. 1,297 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-05-2008
Fiscal year end30-06
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
45192
46879Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.