PHARO LHC
ActivePHARO LHC has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 56% of 16922 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +37 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+30
Growth78=
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.2 against 1.77 in 2024), and 34.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.6%
Return on assets
36%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €51k
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 15-07-2026, 16 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
16 d early
2024
8 d early
2023
28 d late
2022
61 d late
2021
143 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▲ 122%
2024 · €23k
2021: €-12k
2022: €-8k
2023: €28k
2024: €23k
2021 → 2025
Total assets
€77k▲ 14.6%
2024 · €68k
2021: €37k
2022: €43k
2023: €64k
2024: €68k
2021 → 2025
Net result
€28k
2024 · €-5k
2021: €-14k
2022: €4k
2023: €36k
2024: €-5k
2021 → 2025
Working capital
€43k▲ 91.7%
2024 · €22k
2021: €-22k
2022: €-19k
2023: €7k
2024: €22k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-12k-€-8k▲ 36.1%€28k€23k▼ 18.6%€51k▲ 122%
Operating result€-14k-€5k€44k▲ 754%€-4k€37k
Net result€-14k-€4k€36k▲ 728%€-5k€28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €37k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €77k
Fixed assets
€16k▼ 5.2%
Current assets
€62k▲ 21.0%
Equity and liabilities €77k
Equity
€51k▲ 122%
Debt
€27k▼ 40.3%
The debt ratio falls from 66.1% to 34.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€44k▲
2024 · €11k
Cash flow
€34k▲
2024 · €10k
Solvency
65.6%▲
2024 · 33.9%
Current ratio
3.20▲
2024 · 1.77
Quick ratio
3.20▲
2024 · 1.77
Debt / equity
0.52▼
2024 · 1.95
ROE
54.9%▲
2024 · -22.8%
ROA
36.0%▲
2024 · -7.8%
Interest coverage
34.65▲
2024 · 10.56
Debt
€27k▼
2024 · €45k
Debt ≤ 1 year
€19k▼
2024 · €29k
Debt > 1 year
€7k▼
2024 · €16k
Income taxes
€8k▲
2024 · €115
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€68k€77k▲
Fixed assets21/28€16k€16k▼
Tangible fixed assets22/27€16k€16k▼
Furniture and vehicles24€16k€16k▼
Current assets29/58€51k€62k▲
Amounts receivable after more than one year29€34k€34k=
Other amounts receivable291€34k€34k=
Amounts receivable within one year40/41€5k€6k▲
Trade receivables40-€6k
Other amounts receivable41€5k€0▼
Cash at bank and in hand54/58€12k€21k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€68k€77k▲
Equity10/15€23k€51k▲
Contributions10/11€2k€2k=
Reserves13€21k€48k▲
Distributable reserves133€21k€48k▲
Amounts payable17/49€45k€27k▼
Amounts payable after more than one year17€16k€7k▼
Financial debts170/4€16k€7k▼
Amounts payable within one year42/48€29k€19k▼
Current portion of amounts payable after more than one year42€18k€8k▼
Financial debts43€2k€2k▲
Credit institutions430/8€2k€2k▲
Trade debts44€640€1k▲
Suppliers440/4€640€1k▲
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€7k€6k▼
Other amounts payable47/48€1k€849▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€6k▼
Other operating charges640/8€21k€470▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€36k€44k▲
Operating profit (loss)9901€-4k€37k▲
Financial income75/76B€278€126▼
Recurring financial income75€278€126▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€-5k€36k▲
Income taxes67/77€115€8k▲
Profit (loss) for the period9904€-5k€28k▲
Profit (loss) for the period to be appropriated9905€-5k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€28k▲
Transfer from equity791/2€5k-
Transfer to equity691/2-€28k
To other reserves6921-€28k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2021net €36k ▲728%
Operating result €44k, net result €36k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.26
Current ratio from 0.43 to 1.26; short-term debt falls from €33k to €26k.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 143 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-07-2022
Resigned as Director
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koning Boudewijnlaan 20A3500 HasseltGround area
3,766 m²
Building footprint
984 m²
Volume, LiDAR
7,855 m³
Parcel 71323C0286/00F002, Flanders · tallest building 21.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pharo LHC
since 20202.311.744.877
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0286/00F002 | Flanders | 3,766 m² | 1 · 984 m² | 21.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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PEPA CONSULTING
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Of 29,885 companies in sector 62200 we hold annual accounts for 18,322. 15,221 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2020
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
50100Water transport
58290Other software publishing
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
70200Business and other management consultancy
70220Business consulting
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.