PHAT - DAT
ActiveSummary
The computed 12-month bankruptcy probability of PHAT - DAT is 5.4% (elevated). The 2025 annual accounts show negative equity (-€106,060) and a net result of -€1,709. Equity is growing by about 3.9% per year across the filed financial years. The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, abbreviated format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,709▼ 7.8%
2024 · -€1,586
Working capital
-€11,409▼ 18.0%
2021 · -€9,671
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €918 in 2025 against €797 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€918
2025
Net result-€1,709
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1,022
2022
Equity-€106,060
2025
Debt€106,060
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€11,409
2022
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€9,032-€8,718▼ 3.5%€37,572▲ 331%€9,064▼ 75.9%-€1,334-€2,617▼ 96.2%-€797▲ 69.6%-€918▼ 15.3%
Net result-€1,212-€4,619€34,314▲ 643%€9,213▼ 73.2%-€2,038-€4,293▼ 111%-€1,586▲ 63.1%-€1,709▼ 7.8%
Equity-€144,581--€139,962▲ 3.2%-€105,648▲ 24.5%-€96,435▲ 8.7%-€98,473▼ 2.1%-€102,765▼ 4.4%-€104,351▼ 1.5%-€106,060▼ 1.6%
Total assets€5,583-€6,950▲ 24.5%€1,022▼ 85.3%€1,147▲ 12.2%€1,022▼ 10.9%
Debt€150,164-€146,911▼ 2.2%€106,670▼ 27.4%€97,582▼ 8.5%€99,495▲ 2.0%€102,765▲ 3.3%€104,351▲ 1.5%€106,060▲ 1.6%
Working capital-€71,929--€65,428▲ 9.0%-€53,703▲ 17.9%-€9,671▲ 82.0%-€11,409▼ 18.0%
Key figures and ratios
Debt ≤ 1 year
€21,392▲
2024 · €17,032
Debt > 1 year
€84,668▼
2024 · €87,300
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €380 | €380 | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €348 | €348 | €305 | - | - | - |
| Gross operating margin9900 | €10,049 | €10,046 | €38,206 | €9,412 | -€986 | -€2,313 | -€797 | -€918 | ▼ 15.3% |
| Operating profit (loss)9901 | €9,032 | €8,718 | €37,572 | €9,064 | -€1,334 | -€2,617 | -€797 | -€918 | ▼ 15.3% |
| Financial income75/76B | - | - | - | €700 | - | - | - | - | - |
| Recurring financial income75 | €0 | €1 | - | €700 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €551 | €704 | €1,675 | €789 | €791 | ▲ 0.3% |
| Recurring financial charges65 | €10,245 | €4,100 | €3,258 | €551 | €704 | €1,675 | €789 | €791 | ▲ 0.3% |
| Profit (loss) for the period before taxes9903 | -€1,212 | €4,619 | €34,314 | €9,213 | -€2,038 | -€4,293 | -€1,586 | -€1,709 | ▼ 7.8% |
| Profit (loss) for the period9904 | -€1,212 | €4,619 | €34,314 | €9,213 | -€2,038 | -€4,293 | -€1,586 | -€1,709 | ▼ 7.8% |
| Profit (loss) for the period to be appropriated9905 | -€1,212 | €4,619 | €34,314 | €9,213 | -€2,038 | -€4,293 | -€1,586 | -€1,709 | ▼ 7.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5,583 | €6,950 | €1,022 | €1,147 | €1,022 | - | - | - | - |
| Fixed assets21/28 | €889 | €509 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €666 | €286 | - | - | - | - | - | - | - |
| Financial fixed assets28 | €223 | €223 | - | - | - | - | - | - | - |
| Current assets29/58 | €4,694 | €6,441 | €1,022 | €1,147 | €1,022 | - | - | - | - |
| Stocks and contracts in progress3 | €699 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €270 | €1,542 | €1,022 | €1,147 | €1,022 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €1,147 | €1,022 | - | - | - | - |
| Cash at bank and in hand54/58 | €3,704 | €4,883 | - | - | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5,583 | €6,950 | €1,022 | €1,147 | €1,022 | - | - | - | - |
| Equity10/15 | -€144,581 | -€139,962 | -€105,648 | -€96,435 | -€98,473 | -€102,765 | -€104,351 | -€106,060 | ▼ 1.6% |
| Contributions10/11 | €37,184 | €37,184 | €37,184 | €37,184 | €37,184 | €37,184 | €37,184 | €37,184 | = |
| Reserves13 | €31,993 | €31,993 | €31,993 | €31,993 | €31,993 | €31,993 | €31,993 | €31,993 | = |
| Distributable reserves133 | - | - | - | €31,993 | €31,993 | €31,993 | €31,993 | €31,993 | = |
| Profit (loss) carried forward14 | -€213,757 | -€209,138 | -€174,824 | -€165,611 | -€167,649 | -€171,942 | -€173,527 | -€175,237 | ▼ 1.0% |
| Amounts payable17/49 | €150,164 | €146,911 | €106,670 | €97,582 | €99,495 | €102,765 | €104,351 | €106,060 | ▲ 1.6% |
| Amounts payable after more than one year17 | €73,541 | €75,042 | €51,945 | €86,764 | €87,064 | €87,214 | €87,300 | €84,668 | ▼ 3.0% |
| Financial debts170/4 | - | - | - | €86,764 | €87,064 | €87,214 | €87,300 | €84,668 | ▼ 3.0% |
| Amounts payable within one year42/48 | €76,623 | €71,869 | €54,725 | €10,819 | €12,431 | €15,551 | €17,032 | €21,392 | ▲ 25.6% |
| Financial debts43 | - | - | - | €3,420 | €3,881 | €4,534 | €5,138 | €5,948 | ▲ 15.8% |
| Credit institutions430/8 | - | - | - | €3,420 | €3,881 | €4,534 | €5,138 | €5,948 | ▲ 15.8% |
| Trade debts44 | €62,986 | €64,700 | €54,411 | €7,399 | €8,551 | €11,017 | €11,894 | €15,444 | ▲ 29.8% |
| Suppliers440/4 | - | - | - | €7,399 | €8,551 | €11,017 | €11,894 | €15,444 | ▲ 29.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €19 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,212 | €4,619 | €34,314 | €9,213 | -€2,038 | -€4,293 | -€1,586 | -€1,709 | ▼ 7.8% |
| + Depreciation and write-downs630 | €380 | €380 | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€832 | €4,999 | €34,314 | €9,213 | -€2,038 | -€4,293 | -€1,586 | -€1,709 | ▼ 7.8% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - | - |
| Change in cash | - | €1,179 | - | - | - | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-06-2026 | 2026-00181043 |
| 31-12-2024 | full format | 06-06-2025 | 2025-00126877 |
| 31-12-2023 | full format | 28-06-2024 | 2024-00191451 |
| 31-12-2022 | full format | 19-06-2023 | 2023-00135690 |
| 31-12-2021 | full format | 30-06-2022 | 2022-20153161 |
| 31-12-2020 | full format | 19-07-2021 | 2021-36900374 |
| 31-12-2019 | full format | 30-07-2020 | 2020-37300122 |
| 31-12-2018 | full format | 31-07-2019 | 2019-42400296 |
| 31-12-2017 | full format | 27-07-2018 | 2018-38900391 |
| 31-12-2016 | full format | 04-07-2017 | 2017-26500025 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.