PHASE 23

PHASE 23 has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of -€37,598. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 94% of 39,200 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).