Summary
PHALCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.5m and a net result of €4,331. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 95% of 2,986 sector peers (NACE 64, financial year 2025). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
30-06
Gazette deed
Reappointment: AVISOR SRL (statutory auditor)Permanent representative: Dorothée HURTEUX3 facts ▸
Gazette deed
Reappointment: AVISOR SRL (statutory auditor)
Permanent representative: Dorothée HURTEUX3 facts ▸
- General meeting, 29-05-2026
- Auditor reappointment, AVISOR SRL (statutory auditor)
- Permanent representative, Dorothée HURTEUX
16-06
NBB filing
Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial
Back to profitnet €4,331
Net result €4,331 after 2 loss-making years.
31-12
Financial
Liquidity more than quadruplescurrent ratio 29.25
Current ratio from 6.62 to 29.25; short-term debt falls from €31,526 to €6,429.
29-12
Gazette deed
Appointment: SAS COMPAGNIE FINANCIERE MONTRACHET (managing director)Permanent representative: Brigitte LAMIC4 facts ▸
Gazette deed
Appointment: SAS COMPAGNIE FINANCIERE MONTRACHET (managing director)
Permanent representative: Brigitte LAMIC4 facts ▸
- General meeting, 08-12-2025
- Board meeting, 08-12-2025
- Director appointment, SAS COMPAGNIE FINANCIERE MONTRACHET (managing director)
- Permanent representative, Brigitte LAMIC
06-10
Gazette deed
Appointment: Stéphanie GLORIEUX (directrice chargée de la gestion journalière)3 facts ▸
Gazette deed
Appointment: Stéphanie GLORIEUX (directrice chargée de la gestion journalière)
3 facts ▸
- Board meeting, 07-08-2025
- Director appointment, Stéphanie GLORIEUX (directrice chargée de la gestion journalière)
- Director in office, CFM (director)
01-09
Gazette deed
Permanent representative: Brigitte LAMIC-CAYONResignation: Brigitte LAMIC-CAYON (director) · Appointment: Julien CAYON (director) · Director discharge6 facts ▸
Gazette deed
Permanent representative: Brigitte LAMIC-CAYON
Resignation: Brigitte LAMIC-CAYON (director) · Appointment: Julien CAYON (director) · Director discharge6 facts ▸
- Permanent representative, Brigitte LAMIC-CAYON
- Director resignation, Brigitte LAMIC-CAYON (director)
- Director discharge, Brigitte LAMIC-CAYON (director)
- Director appointment, Julien CAYON (director)
- Board composition, SAS COMPAGNIE FINANCIERE MONTRACHET (director)
- Board composition, Julien CAYON (director)
04-06
NBB filing
Annual accounts filed
financial year 2024 · full format
2024
31-12
Financial
Liquidity more than quadruplescurrent ratio 6.62
Current ratio from 1.52 to 6.62; short-term debt falls from €339,793 to €31,526.
25-06
NBB filing
Annual accounts filed
financial year 2023 · full format
2023
03-07
NBB filing
Annual accounts filed
financial year 2022 · full format
2022
31-12
Financial
Back to profitnet €1,329
Net result €1,329 after one loss-making year.
Show earlier events
31-12
Financial
Liquidity more than quadruplescurrent ratio 37.47
Current ratio from 8.58 to 37.47; short-term debt falls from €23,074 to €4,829.
22-08
NBB filing
Annual accounts filed
financial year 2021 · full format · 22 days late
2021
31-12
Financial
Weakest financial yearnet -€2.3m
Net result drops to -€2.3m, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity more than 6 timescurrent ratio 8.58
Current ratio from 1.29 to 8.58; short-term debt falls from €289,239 to €23,074.
11-08
NBB filing
Annual accounts filed
financial year 2020 · full format · 11 days late
2020
28-08
NBB filing
Annual accounts filed
financial year 2019 · full format · 28 days late
2019
31-12
Financial
Highest result from 2018 to 2025net €453,473 ▲22,745%
Operating result €6,383, net result €453,473, both a record.
31-12
Financial
Liquidity more than 5 timescurrent ratio 1.59
Current ratio from 0.28 to 1.59; short-term debt falls from €510,775 to €141,616.
16-07
NBB filing
Annual accounts filed
financial year 2018 · full format
2018
21-09
NBB filing
Annual accounts filed
financial year 2017 · full format · 52 days late
2017
11-07
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 24 annual accounts filed, the latest 10 are here; all 24 are under Financials.
4 of 12 deeds read
About the unread acts
Of the 12 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
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