Turnover
≈ €31,000 estimated
The abbreviated format states no turnover.
PHANPHAN
Lifetime
17 annual accounts with figures on one time axispeak €59,406 (2022)
€7,943▼ 52.1%
lowest -€11,760 (2009)
-€6,869▼ €15,860
peak €152,282 (2024)
€145,413▼ 4.5%
€82,979▲ 164%
peak 0 FTE (2022)
0 FTE
Board1 name since 2008
1 directorVerbeecke Riekelt
Documentsfilings and deeds
28-07-20263 days before the deadline
2025abbreviated format
Gross margin from €16,593 to €7,943Loss of €6,869Debts from €31,378 to €82,979Investments €73,251
Key points
from the 2025 annual accountsDebts
€82,979 ▲ 164%
Debts rose by €51,601 in 2025.
Investments
€73,251 6.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.50 was 2.49 in 2024
Short-term debts rose from €29,844 to €37,460.
Filings
17 annual accounts since 2009
Nine of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.
Position in the sector
-€6,869
Lower net result than 83% of companies in head offices and management consultancy. Sector median €37,464 · 10,858 companies.
Checked score
93
Excellent
Financially stronger than 43% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.6%▲ +0.1 percentage points vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.0%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.9 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: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Loss of €6,869 (financial year 2025)
lowers risk
Liquidity: current ratio 1.50, cash €47,860
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €228,392
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 59% of them on solvency, 64% on liquidity, 17% on profitability and 33% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as PHANPHAN has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PHANPHAN itself is lower: < 0.1% within 12 months. It rests on far more data about PHANPHAN than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,908 companies, not a prediction for PHANPHAN. 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
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.5 (2.49 in 2024), above the usual 1.5. Short-term debt is 16.4% and cash 21% of total assets. 36.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
27 days late
2023
9 days late
2022
8 days late
2021
16 days late
2020
16 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 15 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0806114243
Registered office moved from Sint-Niklaas to Temse
New registered office: Hollebeek 45/B te 9140 Temse · Previous registered office: Bergstraat 14, 9111 Sint-Niklaas · General meeting of 26-07-2024 · Gazette deed
Resignation: Verbeecke Riekelt (manager)
Reappointment: Verbeecke Riekelt (director) · Director discharge: Verbeecke Riekelt · Gazette deed
Incorporation
published on 05-09-2008 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PHANPHAN | €228,392 | €7,943 | 63.7% | 0 |
| ALHIERS Ranst | €254,850 | €8,746 | -38.0% | 0 |
| FN-CONSULT Kontich | €193,305 | €11,411 | 78.0% | 0 |
| EUROPEAN NURSERYSTOCK ASSOCIATION Ghent | €164,005 | €7,857 | 43.2% | 0 |
| HIVA INVEST Hasselt | €165,656 | €5,480 | 60.9% | 0 |
| FREDERIC STAINIER Tubize | €209,194 | €12,498 | 68.5% | 0 |
| NOSHAQ PARTNERS Liège | €135,150 | €7,328 | 89.6% | 0 |
These companies have the same main activity as PHANPHAN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €135,000 and €255,000, founded between 2008 and 2013.
Official details
Source: KBO- Status
- Active since 03-09-2008Normal situation
- Legal form
- Private limited company
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Establishment unit
- 2.172.955.5949111 Sint-Niklaas, since 03-09-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2026
Annual accounts 2025
- €228,392▲ 24.4%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on PHANPHAN
PHANPHAN files the abbreviated format. That format states no turnover. The gross margin rose from -€4,503 in 2009 to €7,943 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 PHANPHAN
- What is the company number of PHANPHAN?
- The company number of PHANPHAN is 0806.114.243. The VAT number is the same number with BE in front: BE 0806.114.243.
- What does PHANPHAN do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of PHANPHAN?
- PHANPHAN is a private limited company (BV).
- When was PHANPHAN founded?
- PHANPHAN was founded on 03-09-2008.
- Is PHANPHAN still active?
- Yes, PHANPHAN is an active enterprise in the KBO register.Company details
- What is the turnover of PHANPHAN?
- The turnover in financial year 2025 is ≈ €31,000. This figure is estimated from the gross margin of €7,943 and 140 comparable companies (NACE 70200). It probably lies between €14,000 and €79,000. It is a rough estimate.Financials
- Is PHANPHAN profitable?
- In financial year 2025, PHANPHAN made a loss of €6,869.
- Where can I find the annual accounts of PHANPHAN?
- PHANPHAN filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PHANPHAN due?
- PHANPHAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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