PhaRA Holding
ActiveSummary
PhaRA Holding has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.5m and a net result of €382,454. Equity has been growing by about 7.4% per year since 2018. Its solvency ranks better than 86% of 10,818 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 28-12-2016 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.269.863.148 2018 Antwerpen, since 28-12-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Board and ownership
Board
- HEGOSPDirector · since 26-05-2025 · permanent representative GOOSSENS Hendrik Romain Beatrijs
- INTHDirector · since 26-05-2025 · permanent representative THEEUWES Ingrid Maria Lutgarde
- Normec Belgium BVDirector · since 26-05-2025 · permanent representative WOLFF Robert
Shareholders
- Normec Belgium70%2025 annual accounts of Normec Belgium
- Newton Dutch Bidco B.V.consolidatesannual accounts 2025
- Holdings
- Shares in 4 companies including PhaRa and Phara Plus BV
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €599,160
- ▲ 6.9%
- Turnover
- ≈ €910,000
- estimated
- Profit
- €382,454
- ▼ 56.4%
- Equity
- €6.5m
- =
- Total assets
- €7.3m
- ▲ 2.0%
- Employees on 31-12-2025
- 2
- =
Score breakdownraises riskLiquidity: current ratio 3.80, cash €241,090, halvedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Figures for financial year 2025 (filed on 16-06-2026)Size: 2 FTE, total assets €7.3mShow the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 89.3% of total assets
Liquidity
54-9
short-term debt 10.7% · cash 3.3%
Profitability
75-9
return on assets 5.3%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: 0.1%▲ +0.1 percentage points vs 05-2025
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged 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 02-2026lowest value
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%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.1%● unchanged vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €600,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.8 (4.74 in 2024), above the usual 1.5. Short-term debt is 10.7% and cash 3.3% of total assets. 10.7% 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, 43% on liquidity, 40% on profitability and 40% on growth.
The bankruptcy probability was computed on 03-11-2026 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 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 16-06-2026, 45 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
45 days early
2024
64 days early
2023
35 days early
2022
40 days early
2021
58 days early
2020
64 days early
2019
80 days early
← 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 55 days before 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 16 June (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
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Positive: More equity than 94% of companies in head offices and management consultancysector median €324,686 · 10,828 companies €6.5m View
- Caution: Result fell in 2025from €877,343 to €382,454 ▼ 56.4% View
- Board changedlatest change 01-02-2026 · 5 in office 2 joined · 1 left View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €382,454 8 years View
Recent changes
- · Gazette deed 1 director appointed, 1 director resigningResignation: Normec Belgium BV (director) · Permanent representatives: Robert Marcel Wolff and Christianus Mijnardus Zomer · Appointment: Normec Belgium BV (director)
- · Gazette deed Appointment: Pierre-Henri Philippe Erno Baviera (director)
- · Gazette deed Resignation: Milan Arvid Portengen (director)
Companies linked to PhaRA Holding
Comparable companies
These companies have the same main activity as PhaRA Holding: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €5.5m and €7.3m, founded between 2014 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| PhaRA Holding Antwerpen | €7.3m | €0.6m |
| SAM INVEST Chaumont-Gistoux | €7.3m | €0.5m |
| Pyority Antwerpen | €5.5m | €0.9m |
| CARIVARO Oudenburg | €6.1m | €0.7m |
| TDMC Ardooie | €5.5m | €0.5m |
| QUATRO PUURS Buggenhout | €6.9m | €0.6m |
| Listed by A estate Gent | €7.2m | €0.7m |
Key facts about PhaRA Holding
- What is the company number of PhaRA Holding?
- The company number of PhaRA Holding is 0668.528.948. The VAT number is the same number with BE in front: BE 0668.528.948.
- Where is PhaRA Holding based?
- The registered office is at Anneessensstraat 3-5, 2018 Antwerpen.Company details
- What does PhaRA Holding do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of PhaRA Holding?
- The legal form of PhaRA Holding is Private limited company (BV).
- When was PhaRA Holding founded?
- PhaRA Holding was founded on 28-12-2016.
- Is PhaRA Holding still active?
- Yes, PhaRA Holding is an active enterprise in the KBO register.
- How many employees does PhaRA Holding have?
- PhaRA Holding had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PhaRA Holding fall under?
- In its 2025 annual accounts, PhaRA Holding states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of PhaRA Holding?
- The turnover in financial year 2025 is ≈ €910,000. This figure is estimated from the gross margin of €599,160 and 74 comparable companies (NACE 70200). It probably lies between €710,000 and €1.7m.
- Is PhaRA Holding profitable?
- In financial year 2025, PhaRA Holding made a profit of €382,454.
- Where can I find the annual accounts of PhaRA Holding?
- PhaRA Holding filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PhaRA Holding due?
- PhaRA Holding must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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