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PHASIANUS

Active
Public limited companyfounded 1993active for 33 yearsJules Cockxstraat 10, 1160 Oudergem, Belgium14 active companies are registered at this addressKBO/BCE: BE 0450.059.709
Summary

PHASIANUS has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91,324 and a net result of €61,179. Equity is shrinking by about 4.8% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2025, full format

2025 annual accounts filed late (3 days) Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00394590.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€61,179▼ 2.0%
2024 · €62,430
Working capital
-€55,289▲ 17.0%
2024 · -€66,609
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 1% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€82,604 2025 Net result€61,179 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€68,755-€70,930▲ 3.2%€69,647▼ 1.8%€71,879▲ 3.2%€73,475▲ 2.2%€78,216▲ 6.5%€83,167▲ 6.3%€82,604▼ 0.7%
Net result€47,077-€48,619▲ 3.3%€52,151▲ 7.3%€53,750▲ 3.1%€54,884▲ 2.1%€58,327▲ 6.3%€62,430▲ 7.0%€61,179▼ 2.0%
Equity€114,727-€116,269▲ 1.3%€119,801▲ 3.0%€119,801=€67,685▼ 43.5%€68,012▲ 0.5%€80,442▲ 18.3%€91,324▲ 13.5%
Total assets€240,432-€226,141▼ 5.9%€206,904▼ 8.5%€233,024▲ 12.6%€245,490▲ 5.3%€308,962▲ 25.9%€308,339▼ 0.2%€196,001▼ 36.4%
Debt€125,705-€109,872▼ 12.6%€87,102▼ 20.7%€113,223▲ 30.0%€177,804▲ 57.0%€240,950▲ 35.5%€227,897▼ 5.4%€104,677▼ 54.1%
Working capital-€55,211--€34,896▲ 36.8%-€31,210▲ 10.6%-€30,693▲ 1.7%-€80,875▼ 163%-€79,675▲ 1.5%-€66,609▲ 16.4%-€55,289▲ 17.0%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €196,001
Fixed assets €169,938 =
Current assets €26,063 ▼ 81.2%
Equity and liabilities €196,001
Equity €91,324 ▲ 13.5%
Debt €104,677 ▼ 54.1%
Debt's share of the balance-sheet total falls from 73.9% to 53.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.32▼
2024 · 0.68
Debt to equity
1.15▼
2024 · 2.83
ROE
67.0%▼
2024 · 77.6%
ROA
31.2%▲
2024 · 20.2%
Debt ≤ 1 year
€81,352▼
2024 · €205,010
Income taxes
€20,551▲
2024 · €20,415
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,372 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,372 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€308,339€196,001▼
Fixed assets21/28€169,938€169,938=
Tangible fixed assets22/27€169,938€169,938=
Land and buildings22€169,938€169,938=
Current assets29/58€138,401€26,063▼
Amounts receivable within one year40/41€1,585€26,063▲
Other amounts receivable41€1,585€26,063▲
Cash at bank and in hand54/58€136,816-
Equity and liabilities
Total equity and liabilities10/49€308,339€196,001▼
Equity10/15€80,442€91,324▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€6,150€6,150=
Non-distributable reserves130/1€6,150€6,150=
Legal reserve130€6,150€6,150=
Profit (loss) carried forward14€12,792€23,674▲
Amounts payable17/49€227,897€104,677▼
Amounts payable within one year42/48€205,010€81,352▼
Trade debts44€2,275€2,933▲
Suppliers440/4€2,275€2,933▲
Other amounts payable47/48€202,735€78,419▼
Accrued charges and deferred income492/3€22,887€23,325▲
Income statement Code20242025
Operating income70/76A€89,852€91,987▲
Other operating income74€89,852€91,987▲
Operating charges60/66A€6,685€9,383▲
Services and other goods61€6,266€8,319▲
Other operating charges640/8€419€1,064▲
Operating profit (loss)9901€83,167€82,604▼
Financial charges65/66B€322€874▲
Recurring financial charges65€322€874▲
Other financial charges652/9€322€874▲
Profit (loss) for the period before taxes9903€82,845€81,730▼
Income taxes67/77€20,415€20,551▲
Taxes670/3€20,415€20,551▲
Profit (loss) for the period9904€62,430€61,179▼
Profit (loss) for the period to be appropriated9905€62,430€61,179▼
Appropriation of the result
Profit (loss) to be appropriated9906€62,792€73,971▲
Profit (loss) brought forward from the previous period14P€362€12,792▲
Transfer to equity691/2-€297
Addition to contributions691-€297
Profit to be distributed694/7€50,000€50,000=
Return on contributions (dividend)694€50,000€50,000=

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€76,396€80,353€86,675€89,852€91,987▲ 2.4%
Other operating income74---€76,396€80,353€86,675€89,852€91,987▲ 2.4%
Operating charges60/66A---€4,517€6,878€8,459€6,685€9,383▲ 40.4%
Services and other goods61---€4,197€6,878€8,099€6,266€8,319▲ 32.8%
Other operating charges640/8---€320-€360€419€1,064▲ 154%
Operating profit (loss)9901€68,755€70,930€69,647€71,879€73,475€78,216€83,167€82,604▼ 0.7%
Recurring financial income75-€0€0------
Financial charges65/66B---€213€296€375€322€874▲ 171%
Recurring financial charges65---€213€296€375€322€874▲ 171%
Other financial charges652/9---€213€296€375€322€874▲ 171%
Profit (loss) for the period before taxes9903€68,755€70,930€69,647€71,666€73,178€77,841€82,845€81,730▼ 1.3%
Income taxes67/77€21,678€22,312€17,495€17,917€18,295€19,514€20,415€20,551▲ 0.7%
Taxes670/3---€17,917€18,295€19,514€20,415€20,551▲ 0.7%
Profit (loss) for the period9904€47,077€48,619€52,151€53,750€54,884€58,327€62,430€61,179▼ 2.0%
Profit (loss) for the period to be appropriated9905€47,077€48,619€52,151€53,750€54,884€58,327€62,430€61,179▼ 2.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€240,432€226,141€206,904€233,024€245,490€308,962€308,339€196,001▼ 36.4%
Fixed assets21/28€169,938€169,938€169,938€169,938€169,938€169,938€169,938€169,938=
Tangible fixed assets22/27€169,938€169,938€169,938€169,938€169,938€169,938€169,938€169,938=
Land and buildings22---€169,938€169,938€169,938€169,938€169,938=
Current assets29/58€70,494€56,203€36,965€63,086€75,552€139,024€138,401€26,063▼ 81.2%
Amounts receivable within one year40/41---€1,084--€1,585€26,063▲ 1,544%
Other amounts receivable41---€1,084--€1,585€26,063▲ 1,544%
Cash at bank and in hand54/58€70,494€56,203€36,965€62,002€75,552€139,024€136,816--
Equity and liabilities
Total equity and liabilities10/49€240,432€226,141€206,904€233,024€245,490€308,962€308,339€196,001▼ 36.4%
Equity10/15€114,727€116,269€119,801€119,801€67,685€68,012€80,442€91,324▲ 13.5%
Contributions10/11€61,500€61,500€61,500€61,500€61,500€61,500€61,500€61,500=
Capital10---€61,500€61,500€61,500€61,500€61,500=
Issued capital100---€61,500€61,500€61,500€61,500€61,500=
Reserves13€6,150€6,150€6,150€6,150€6,150€6,150€6,150€6,150=
Non-distributable reserves130/1---€6,150€6,150€6,150€6,150€6,150=
Legal reserve130---€6,150€6,150€6,150€6,150€6,150=
Profit (loss) carried forward14€47,077€48,619€52,151€52,151€35€362€12,792€23,674▲ 85.1%
Amounts payable17/49€125,705€109,872€87,102€113,223€177,804€240,950€227,897€104,677▼ 54.1%
Amounts payable within one year42/48€125,705€91,099€68,175€93,779€156,427€218,699€205,010€81,352▼ 60.3%
Trade debts44€926---€5,052€7,975€2,275€2,933▲ 28.9%
Suppliers440/4----€5,052€7,975€2,275€2,933▲ 28.9%
Taxes, remuneration and social security45----€4,295€5,514---
Taxes450/3----€4,295€5,514---
Other amounts payable47/48---€93,779€147,080€205,210€202,735€78,419▼ 61.3%
Accrued charges and deferred income492/3---€19,443€21,378€22,251€22,887€23,325▲ 1.9%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€47,077€48,619€52,151€53,750€54,884€58,327€62,430€61,179▼ 2.0%
Operating cash flow (approximation)€47,077€48,619€52,151€53,750€54,884€58,327€62,430€61,179▼ 2.0%
Investment in fixed assets (approximation)-€0€0€0€0€0€0€0-
Change in cash--€14,291-€19,237€25,037€13,549€63,472-€2,208--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 27 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 03-08-2026 2026-00394590
31-12-2024 full format 27-06-2025 2025-00224764
31-12-2023 full format 30-07-2024 2024-00316471
31-12-2022 full format 12-06-2023 2023-00126812
31-12-2021 full format 20-06-2022 2022-20078190
31-12-2020 full format 21-06-2021 2021-21900473
31-12-2019 full format 18-06-2020 2020-18200511
31-12-2018 full format 14-06-2019 2019-18700364
31-12-2017 full format 20-06-2018 2018-20700522
31-12-2016 full format 20-06-2017 2017-19200524

Show all 27 filings

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