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Phantasma ex Machina

Active
Private limited companyfounded 2022active for 4 yearsPlace de l'Hôtel de Ville 5, 4700 Eupen, BelgiumKBO/BCE: BE 0789.726.092
Summary

Phantasma ex Machina has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of -€7,244. Equity has been growing by about 1688% per year since 2023. Its solvency ranks better than 95% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-08-2022 Normal situation
Registered office
22 active companies are registered at this address 4 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Activities of head offices NACE 70100
Establishment unit
2.340.633.556 4700 Eupen, since 17-08-2022
Financial year end
31 December
Peppol
Reachable since 06-01-2026

Board and ownership

Board

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
-€6,824
▲ 53.9%
Loss
€7,244
▼ 78.2%
Equity
€1.0m
Total assets
€1.1m
▲ 0.2%
  • 2025 accounts filed 41 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskLiquidity: current ratio 0.13, cash €4,515Last filed accounts filed 41 days late; 1 of the last 3 accounts latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €1.1mShow the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Average
Solvency 100+78
equity 95.9% of total assets
Liquidity 51+1
short-term debt 4.1% · cash 0.4%
Profitability 18+3
return on assets -0.7%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,531 companies, NACE 70, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.7%▲ +0.2 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.6%▼ -0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.2%▼ -0.9 percentage points vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.13 (0.11 in 2024), below 1. Short-term debt is 4.1% and cash 0.4% of total assets. 4.1% of the assets are financed with debt and provisions.
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 86% of them on solvency, 36% on liquidity, 13% on profitability and 99% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.13, cash €4,515
NBB · annual accounts
raises risk · Last filed accounts filed 41 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 41 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 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 · 3 filings
Deviation from the deadline
2025
41 days late
2024
on the day
2023
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 8 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 31 July (3 of the last 3 accounts filed within 41 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Caution: Lower net result than 87% of companies in head offices and management consultancysector median €27,193 · 39,291 companies -€7,244 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€7,244 View

Recent changes

  1. · Gazette deed Miscellaneous
  2. · Gazette deed Verschiedenes - Kapital - Aktien
  3. · Gazette deed IncorporationStarting capital €3,000 · Appointment: VERVIER Markus (sole director)
All 8 events

Comparable companies

These companies have the same main activity as Phantasma ex Machina: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €633,000 and €1.7m, founded between 2021 and 2023.

CompanyTotal assetsGross margin
Phantasma ex Machina Eupen€1.1m-€0.007m
TeGa Invest Burg-Reuland€1.1m-€0.002m
STORM 102 Antwerpen€1.0m-€3.1m
NEWDAIS Blégny€1.0m-€0.04m
Orsted Belgium Renewables Brussel€1.6m-€2.3m
The Show Must Go On Aalst€1.7m-€0.001m
Velix Holsbeek€0.6m-€0.09m
Full comparison

Key facts about Phantasma ex Machina

What is the company number of Phantasma ex Machina?
The company number of Phantasma ex Machina is 0789.726.092. The VAT number is the same number with BE in front: BE 0789.726.092.
Where is Phantasma ex Machina based?
The registered office is at Place de l'Hôtel de Ville 5, 4700 Eupen.Company details
What does Phantasma ex Machina do?
According to the KBO register, the main activity is activities of head offices (NACE 70100).
What is the legal form of Phantasma ex Machina?
The legal form of Phantasma ex Machina is Private limited company (BV).
When was Phantasma ex Machina founded?
Phantasma ex Machina was founded on 17-08-2022.
Is Phantasma ex Machina still active?
Yes, Phantasma ex Machina is an active enterprise in the KBO register.
What is the turnover of Phantasma ex Machina?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Phantasma ex Machina profitable?
In financial year 2025, Phantasma ex Machina made a loss of €7,244.
Where can I find the annual accounts of Phantasma ex Machina?
Phantasma ex Machina filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Phantasma ex Machina due?
Phantasma ex Machina must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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