Pharrowtech
A bankruptcy procedure is open for Pharrowtech according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €2.89M and a net result of €-17.53M.
| Equity | €2.89M |
| Net result | €-17.53M |
| Staff (FTE) | 23.4 |
| Better than sector | 83% |
Fragile profile, watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 75.8% | 34.5% | |
| Net result | €-17.53M | €14k | |
| Equity | €2.89M | €72k | |
| Gross operating margin | €-4.96M | €70k | |
| Staff costs | €2.61M | €279k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-16.85M |
| Net profit | €-17.53M |
| Cash flow | €-16.87M |
| Staff costs | €2.61M |
| Income taxes | - |
| Dividends | - |
| Total assets | €3.82M |
| Equity | €2.89M |
| Debt | €924k |
| of which ≤ 1y | €924k |
| of which > 1y | - |
| Working capital | €1.08M |
| Employees (FTE) | 23.4 |
| 2023 | |
|---|---|
| Current ratio | 2.17 |
| Quick ratio | 2.17 |
| Working capital ratio | 28.4% |
| Solvency | 75.8% |
| Debt / equity | 0.32 |
| Long-term debt ratio | - |
| Interest coverage | -709.38 |
| Gross margin | - |
| Net margin | - |
| ROA | -459.2% |
| ROE | -606.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.82M |
| Fixed assets | 21/28 | €1.81M |
| Intangible fixed assets | 21 | €374k |
| Tangible fixed assets | 22/27 | €1.43M |
| Financial fixed assets | 28 | €1 |
| Current assets | 29/58 | €2.01M |
| Amounts receivable within one year | 40/41 | €440k |
| Cash & bank | 54/58 | €1.50M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.82M |
| Equity | 10/15 | €2.89M |
| Contributions / capital | 10/11 | €23.22M |
| Accumulated profits (losses) | 14 | €-20.33M |
| Amounts payable | 17/49 | €924k |
| Amounts payable within one year | 42/48 | €924k |
| Trade debts payable within one year | 44 | €622k |
| Income statement | ||
| Gross operating margin | 9900 | €-4.96M |
| Operating result | 9901 | €-17.50M |
| Financial income | 75 | €1k |
| Financial charges | 65 | €24k |
| Result before taxes | 9903 | €-17.53M |
| Net result for the period | 9904 | €-17.53M |
| Result to be appropriated | 9905 | €-17.53M |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | KARL VANSTIPELEN STATIONSSTRAAT 108 A,
3400 LANDEN |
15-04-2025 → present | Belgian State Gazette |
| Curator | WINNY
TIRMARCHE STATIONSSTRAAT 108, 3400 LANDEN- |
15-04-2025 → present | Belgian State Gazette |
| NACE primary | Computer programming & consultancy(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 15-03-2019 |
| Status | Active |
| Postal code | 3001 |
| First BS signal | 22-04-2025 |
| Latest BS signal | 22-04-2025 |
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. |
|---|---|---|---|---|
| 24433E0025/00C002 | Flanders | 6,606 m² | 1 · 2,027 m² | 32.0 m · 9 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
27-11-2024 5 directors appointed, 2 reappointed
- Wim van Thillo, Bestuurder
- Carl de Ranter, Bestuurder
- Rudi Severijns, Bestuurder
- Peter Vanbekbergen, Bestuurder
- Sander Verbrugge, Bestuurder
- Pieter Vorenkamp, Bestuurder
- Bert Kegels, Commissaris
Technical details
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"een uitgifte van het proces-verbaal",
"drie volmachten",
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}23-07-2024 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
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"summary": "Artikel 5.1 regelt de inbreng van aandelen als vergoeding voor inbrengen, met een totaal van 35.261.549 aandelen verdeeld over twee soorten.",
"new_text": "Als vergoeding voor de inbrengen werden 35.261.549 aandelen uitgegeven, bestaande uit twee soorten van aandelen: (1) een soort gewone aandelen, vertegenwoordigd door 28.605.802 aandelen (de \u201CGewone Aandelen\u201D), (2) een soort preferente aandelen, vertegenwoordigd door 6.655.747 aandelen (de \u201CPreferente Aandelen\u201D).",
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"new_text": "De Vennootschap beschikt over een statutair onbeschikbare eigen vermogensrekening waarop de inbrengen van de Aandeelhouders geboekt worden, die niet vatbaar is voor uitkering aan de Aandeelhouders. Deze statutair onbeschikbare eigen vermogensrekening bedraagt drie\u00EBntwintig miljoen tweehonderdeenentwintigduizend tweehonderd euro drie\u00EBntachtig cent (\u20AC 23.221.200,83).",
"change_kind": "renumbered",
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"summary": "Artikel 9.5 (voorheen 9.5 bis) definieert de besluiten die een Gekwalificeerde Bestuurdersmeerderheid vereisen, zoals goedkeuring van het Business Plan, oprichting van dochtervennootschappen, en grote transacties.",
"new_text": "Onverminderd Artikel 9.5., vereisen de volgende besluiten of acties van, of met betrekking tot de Vennootschap en/of haar Dochtervennootschappen, die, behoudens in het geval wanneer het besluit of de handeling) is opgenomen in het business plan van de Vennootschap (hierin begrepen de door de Vennootschap goedgekeurde jaarlijkse begroting voor operationele uitgaven en investeringen) (het \u201CBusiness ",
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"new_text": "De Vennootschap wordt in al haar handelingen, met inbegrip van de vertegenwoordiging ten aanzien van derden en in rechte, rechtsgeldig vertegenwoordigd door de Raad van Bestuur handelend door twee (2) gezamenlijk optredende Bestuurders, alsook door de CEO, die handelt binnen de perken van het dagelijks bestuur.",
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"summary": "Artikel 5:89 stelt dat het bestuursorgaan effecthouders de mogelijkheid kan bieden om op afstand deel te nemen aan de algemene vergadering via een elektronisch communicatiemiddel.",
"new_text": "Het bestuursorgaan kan, in overeenstemming met artikel 5:89 van het Wetboek van Vennootschappen en Verenigingen, de effecthouders de mogelijkheid bieden om op afstand deel te nemen aan de algemene vergadering door middel van een door de vennootschap ter beschikking gesteld elektronisch communicatiemiddel.",
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"new_text": "De vereffenaar(s) beschikt/beschikken over alle machten genoemd in de artikel 2:87 van het Wetboek van Vennootschappen, zonder bijzondere machtiging van de algemene vergadering. De algemene vergadering kan evenwel te allen tijde deze bevoegdheden bij gewone meerderheid beperken.",
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"voorwerp_change_summary": "De vennootschap heeft tot voorwerp het ontwikkelen, aankopen, verkopen, verhuren, promoten, onderhouden en aanpassen van technologie en software, met inzonderheid toegespitst op snelle draadloze data en communicatie verbindingen, en het ontwikkelen, produceren, assembleren, aankopen, verkopen, verhuren, promoten, onderhouden en aanpassen van hardware (elektronische schakelingen, elektronische apparatuur, onderdelen, printplaten, chips, ...).",
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}19-10-2022 Registered office moved within Leuven
- Verbrande Poort 8, 3000 Leuven → Philipssite 5-A, bus 32, 3001 Leuven
Technical details
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}22-04-2022 Capital increase of €13,999,992.26
- Inbreng in geld · Apport en numéraire
- 2 kapitaalbewegingen in deze akte
Technical details
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}29-11-2021 Capital increase of €1,015,995.24 to €1,015,995.24
- €0 → €1.015.995,24
- Inbreng in geld · Apport en numéraire
Technical details
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]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Pharrowtech |