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PHANASEM

Active Private limited companyfounded 2002active for 24 yearsChemin de la Guelenne 15, 7060 SoigniesKBO/BCE: BE 0476.839.429 #9 company by total assets in Soignies, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €1.1m (2024)
€1.1m▼ 5.3%
lowest -€353,756 (2018)
€154,674▼ 31.2%
peak €558,805 (2020)
€461,382▲ 48.6%
€3.5m▲ 15.4%
peak 12.4 FTE (2023)
10.1 FTE▼ 4.7%
Board5 names since 2002
3 directors and 2 others
Documentsfilings and deeds
28-08-202628 days late
2025abbreviated format
Result from €224,848 to €154,674Equity from €310,476 to €461,382Debts from €3.1m to €3.5mCash from €100,658 to €42,237

Key points

from the 2025 annual accounts

Equity

€461,382 ▲ 48.6%
€310,0002024€461,0002025

Equity rose in 2025 from €310,476 to €461,382.

Turnover

≈ €4.6m estimated

The accounts state no turnover.

Debts

€3.5m 88% of the balance sheet
Financial debts 22%Suppliers 71%Taxes and wages 3%Other 4%

€179,092 of the debts are secured on the company's own assets. In 2022 that was €152,528.

Staff

11 employees on 31-12-2025
55202145202212152023109202413182025

In 2025, 13 people joined and 18 left.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Six of the last ten came late. The 2019 accounts came latest: 35 days after the end of the period.

Position in the sector

11.5%

Lower solvency than 82% of companies in wholesale trade. Sector median 44.1% · 10,745 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,681 companies had the same profile as PHANASEM has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,681 companies, not a prediction for PHANASEM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Director
  • 497 sharesdeed of 20-11-2020
  • 497 sharesdeed of 20-11-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0476839429
Amendment of the articles General meeting of 17-12-2024 · Gazette deed
2 directors appointed, 1 resignation Resignation: · Appointments: and · General meeting of 21-05-2024 · Gazette deed
Appointments: (alternate director) and (alternate director) General meeting of 21-12-2022 · Gazette deed
All 37 events

Comparable companies

same main activity, similar in size and age
Company
PHANASEM Soignies €4.0m €1.1m 11.5% 10.1
ANIMAL SPECIAL PRODUCTS INTERNATIONAL Herenthout €4.0m €1.2m 15.5% 11.3
AGRO FYTO BOERAEVE Poperinge €3.5m €1.7m 28.2% 9.1
AGRI-TECH Sint-Gillis-Waas €3.4m €1.5m 64.4% 9.9
VAN GASTEL - RENDERS Brecht €6.2m €1.3m 40.7% 10.4
Tuincentrum Thielemans Tremelo €3.7m €1.2m 87.4% 6.2
LANDBOUWPRODUCTEN DECOSTER Middelkerke €3.7m €1.6m 31.2% 8.9

These companies have the same main activity as PHANASEM: wholesale of agricultural produce and animal feed, general range (NACE 46216). They are comparable in size and age: total assets between €3.4m and €6.2m, founded between 1998 and 2006.

Official details

Source: KBO
Status
Active since 06-02-2002Normal situation
Activity
Wholesale of agricultural produce and animal feed, general rangeNACE 46216and 4 others
Joint committees
119Food trade
201Independent retail · annual accounts 2025
Establishment units
2.098.888.2757060 Soignies, since 11-03-2002
2.273.485.5057060 Soignies, since 07-03-2018
Financial year end
31 December
Peppol
Reachable since 15-10-2025
Company details

Annual accounts 2025

€4.0m▲ 18.5%
Employeeson 31-12-2025
11=
Filing
Filed on 28-08-2026
Financials

Insights on PHANASEM

PHANASEM files the abbreviated format. That format states no turnover. The gross margin rose from €104,545 in 2006 to €1.1m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PHANASEM

What is the company number of PHANASEM?
The company number of PHANASEM is 0476.839.429. The VAT number is the same number with BE in front: BE 0476.839.429.
Where is PHANASEM based?
The registered office is at Chemin de la Guelenne 15, 7060 Soignies.Company details
What does PHANASEM do?
According to the KBO register, the main activity is wholesale of agricultural produce and animal feed, general range (NACE 46216).
What is the legal form of PHANASEM?
PHANASEM is a private limited company (BV).
When was PHANASEM founded?
PHANASEM was founded on 06-02-2002.
Is PHANASEM still active?
Yes, PHANASEM is an active enterprise in the KBO register.
How many employees does PHANASEM have?
PHANASEM had an average of 10.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PHANASEM fall under?
In its 2025 annual accounts, PHANASEM states joint committees 119 (Food trade) and 201 (Independent retail).
What is the turnover of PHANASEM?
The turnover in financial year 2025 is ≈ €4.6m. This figure is estimated from the gross margin of €1.1m and 98 comparable companies (NACE 46). It probably lies between €2.7m and €7.7m.
Is PHANASEM profitable?
In financial year 2025, PHANASEM made a profit of €154,674.
Where can I find the annual accounts of PHANASEM?
PHANASEM filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PHANASEM due?
PHANASEM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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