PHARO LHC
The computed 12-month bankruptcy probability of PHARO LHC is 0.4% (very low). 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 54% of 2748 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €51k |
| Net result | €28k |
| Better than sector | 54% |
| Active | 5 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 65.6% | 62.2% | |
| Net result | €28k | €40k | |
| Equity | €51k | €62k | |
| Gross operating margin | €44k | €63k | |
| Total assets | €77k | €121k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €44k |
| Net profit | €28k |
| Cash flow | €34k |
| Staff costs | - |
| Income taxes | €8k |
| Dividends | - |
| Total assets | €77k |
| Equity | €51k |
| Debt | €27k |
| of which ≤ 1y | €19k |
| of which > 1y | €7k |
| Working capital | €43k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 3.20 |
| Quick ratio | 3.20 |
| Working capital ratio | 54.9% |
| Solvency | 65.6% |
| Debt / equity | 0.52 |
| Long-term debt ratio | 0.14 |
| Interest coverage | 34.65 |
| Gross margin | - |
| Net margin | - |
| ROA | 36.0% |
| ROE | 54.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €77k |
| Fixed assets | 21/28 | €16k |
| Tangible fixed assets | 22/27 | €16k |
| Current assets | 29/58 | €62k |
| Amounts receivable within one year | 40/41 | €6k |
| Cash & bank | 54/58 | €21k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €77k |
| Equity | 10/15 | €51k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €48k |
| Amounts payable | 17/49 | €27k |
| Amounts payable after one year | 17 | €7k |
| Amounts payable within one year | 42/48 | €19k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €44k |
| Operating result | 9901 | €37k |
| Financial income | 75 | €126 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €36k |
| Income taxes | 67/77 | €8k |
| Net result for the period | 9904 | €28k |
| Result to be appropriated | 9905 | €28k |
| NACE primary | Computer programming & consultancy(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 22-12-2020 |
| Status | Active |
| Postal code | 3500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0286/00F002 | Flanders | 3,766 m² | 1 · 984 m² | 21.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-05-2024 Registered office moved within Hasselt
- Oude Kuringerbaan 59 -3500 Hasselt → Koning Boudewijnlaan 20A 3500 Hasselt
Technical details
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"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "Koning Boudewijnlaan 20A\n3500 Hasselt",
"city": "Hasselt",
"region": "vlaams_gewest",
"street": "Koning Boudewijnlaan",
"country": "BE",
"postcode": "3500",
"box_number": null,
"street_number": "20A",
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"old_address": {
"raw": "Oude Kuringerbaan 59 -3500 Hasselt",
"city": "Hasselt",
"region": "vlaams_gewest",
"street": "Oude Kuringerbaan",
"country": "BE",
"postcode": "3500",
"box_number": null,
"street_number": "59",
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},
"effective_date": "2023-09-13",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
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"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
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],
"notary": {
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},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-10",
"filing_date": "2024-04-22",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2024-04-22",
"unanimous": null
},
"subject_company": {
"kbo": "0760.417.444",
"name_full": "PHARO LHC",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jos Claes",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 10/03/2024 - Ar",
"Annexes du Moniteur belge"
]
}18-07-2022 HEYLEN Joanna resigns as director
- HEYLEN Joanna, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "HEYLEN Joanna",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "statutair",
"subkind": "regular",
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering besluit de huidige statutair bestuurder, met name mevrouw HEYLEN Joanna, voornoemd, ontslag te geven uit haar functie.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "substantive_delegation",
"role": "notaris",
"person": {
"rrn": null,
"name": "Micha\u00EBl Van der Linden",
"address": "Toekomststraat 56 te 3500 Hasselt",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De vergadering verleent aan ondergetekende notaris alle machten om de geco\u00F6rdineerde tekst van de statuten van de vennootschap op te stellen, te ondertekenen en neer te leggen op de griffie van de bevoegde Ondernemingsrechtbank, overeenkomstig de wettelijke bepalingen ter zake.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Micha\u00EBl VAN der LINDEN",
"firm_city": null,
"firm_name": null,
"office_city": "Hasselt",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-07-18",
"filing_date": "2022-07-14",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2022-07-08",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0760.417.444",
"name_full": "PHARO LHC",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Micha\u00EBl Van der Linden",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"Voor eensluidend afschrift, geco\u00F6rdineerde statuten."
],
"corrected_publication_numac": null
}13-05-2022 Registered office moved within Hasselt
- Windmolenstraat 61, 3500 Hasselt → Oude Kuringerbaan 59, 3500 Hasselt
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
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"city": "Hasselt",
"region": "vlaams_gewest",
"street": "Oude Kuringerbaan",
"country": "BE",
"postcode": "3500",
"box_number": null,
"street_number": "59",
"locality_suffix": null
},
"old_address": {
"raw": "Windmolenstraat 61, 3500 Hasselt",
"city": "Hasselt",
"region": "vlaams_gewest",
"street": "Windmolenstraat",
"country": "BE",
"postcode": "3500",
"box_number": null,
"street_number": "61",
"locality_suffix": null
},
"effective_date": "2021-11-08",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-05-13",
"filing_date": "2022-05-04",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2022-05-04",
"unanimous": true
},
"subject_company": {
"kbo": "0760.417.444",
"name_full": "PHARO LHC",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jo Heylen",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PHARO LHC |