PHB CONSULT
ActiveSummary
PHB CONSULT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €345k and a net result of €46k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 49% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-9
Solvency76▼-24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 7.02 in 2024; short-term debt: 49% and cash: 29.9% of total assets), and 49% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51%
Return on assets
6.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
6 d early
2022
46 d early
2021
30 d late
2020
46 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€345k▼ 44.3%
2024 · €620k
Total assets
€676k▼ 4.1%
2024 · €705k
Net result
€46k▼ 67.9%
2024 · €143k
Working capital
€213k▼ 58.4%
2024 · €513k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€148k▲ 173%€130k▼ 11.6%€137k▲ 5.3%€-3k€60k
Net result€124k▲ 88.8%€132k▲ 6.5%€100k▼ 23.9%€143k▲ 42.5%€46k▼ 67.9%
Equity€346k▲ 33.2%€439k▲ 26.7%€539k▲ 22.8%€620k▲ 15.0%€345k▼ 44.3%
Total assets€452k▲ 3.2%€495k▲ 9.5%€583k▲ 17.9%€705k▲ 20.8%€676k▼ 4.1%
Debt€106k▼ 40.6%€56k▼ 46.8%€45k▼ 20.5%€85k▲ 90.5%€331k▲ 289%
Working capital€139k▲ 157%€233k▲ 68.3%€315k▲ 35.2%€513k▲ 62.5%€213k▼ 58.4%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €60k after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €676k
Fixed assets
€132k ▲ 22.8%
Current assets
€545k ▼ 8.9%
Equity and liabilities €676k
Equity
€345k ▼ 44.3%
Debt
€331k ▲ 289%
Debt's share of the balance-sheet total rises from 12.1% to 49.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€66k▲
2024 · €5k
Cash flow
€51k▼
2024 · €151k
Current ratio
1.64▼
2024 · 7.02
Debt to equity
0.96▲
2024 · 0.14
ROE
13.3%▼
2024 · 23.0%
ROA
6.8%▼
2024 · 20.2%
Interest coverage
87.50▲
2024 · 4.97
Debt ≤ 1 year
€331k▲
2024 · €85k
Income taxes
€25k▼
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | €2k | - |
| Remuneration, social security and pensions62 | €3k | €4k | €957 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39k | €2k | €2k | €8k | €6k | ▼ 32.1% |
| Other operating charges640/8 | €1k | €2k | €2k | €3k | €3k | ▼ 7.1% |
| Non-recurring operating charges66A | - | - | - | €70k | €2k | ▼ 97.4% |
| Gross operating margin9900 | €192k | €138k | €143k | €78k | €70k | ▼ 10.0% |
| Operating profit (loss)9901 | €148k | €130k | €137k | €-3k | €60k | ▲ 1,828% |
| Financial income75/76B | €30k | €50k | €10k | €181k | €11k | ▼ 93.7% |
| Recurring financial income75 | €30k | €50k | €10k | €3k | €11k | ▲ 311% |
| Non-recurring financial income76B | - | - | - | €178k | €0 | ▼ 100% |
| Financial charges65/66B | €3k | €1k | €1k | €999 | €749 | ▼ 25.1% |
| Recurring financial charges65 | €3k | €1k | €1k | €999 | €749 | ▼ 25.1% |
| Profit (loss) for the period before taxes9903 | €174k | €179k | €146k | €176k | €70k | ▼ 60.0% |
| Income taxes67/77 | €51k | €47k | €46k | €33k | €25k | ▼ 26.2% |
| Profit (loss) for the period9904 | €124k | €132k | €100k | €143k | €46k | ▼ 67.9% |
| Profit (loss) for the period to be appropriated9905 | €124k | €132k | €100k | €143k | €46k | ▼ 67.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €452k | €495k | €583k | €705k | €676k | ▼ 4.1% |
| Fixed assets21/28 | €208k | €205k | €223k | €107k | €132k | ▲ 22.8% |
| Tangible fixed assets22/27 | €8k | €6k | €24k | €30k | €55k | ▲ 80.7% |
| Land and buildings22 | €4k | €4k | €3k | €3k | €3k | ▼ 7.7% |
| Plant, machinery and equipment23 | €367 | €130 | €9k | €9k | €11k | ▲ 31.8% |
| Furniture and vehicles24 | €4k | €3k | €11k | €19k | €41k | ▲ 118% |
| Financial fixed assets28 | €199k | €199k | €199k | €77k | €77k | = |
| Current assets29/58 | €244k | €289k | €360k | €598k | €545k | ▼ 8.9% |
| Amounts receivable after more than one year29 | - | - | €50k | €50k | €50k | = |
| Other amounts receivable291 | - | - | €50k | €50k | €50k | = |
| Amounts receivable within one year40/41 | €774 | €17k | €272 | €242 | €93k | ▲ 38,191% |
| Trade receivables40 | €774 | €14k | €272 | €242 | €0 | ▼ 100% |
| Other amounts receivable41 | €0 | €3k | €0 | - | €93k | - |
| Current investments50/53 | - | - | - | €300k | €200k | ▼ 33.3% |
| Cash at bank and in hand54/58 | €243k | €269k | €308k | €247k | €202k | ▼ 18.4% |
| Deferred charges and accrued income490/1 | - | €4k | €2k | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €452k | €495k | €583k | €705k | €676k | ▼ 4.1% |
| Equity10/15 | €346k | €439k | €539k | €620k | €345k | ▼ 44.3% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €292k | €384k | €484k | €565k | €291k | ▼ 48.6% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Distributable reserves133 | €290k | €382k | €482k | €565k | €291k | ▼ 48.6% |
| Profit (loss) carried forward14 | €34k | €34k | €34k | €34k | €34k | = |
| Amounts payable17/49 | €106k | €56k | €45k | €85k | €331k | ▲ 289% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Financial debts170/4 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €106k | €56k | €45k | €85k | €331k | ▲ 289% |
| Current portion of amounts payable after more than one year42 | €38k | €0 | - | - | - | - |
| Trade debts44 | €3k | €7k | €1k | €2k | €3k | ▲ 38.8% |
| Suppliers440/4 | €3k | €7k | €1k | €2k | €3k | ▲ 38.8% |
| Taxes, remuneration and social security45 | €11k | €3k | €3k | €17k | €8k | ▼ 51.6% |
| Taxes450/3 | €11k | €3k | €3k | €17k | €8k | ▼ 51.6% |
| Other amounts payable47/48 | €54k | €45k | €40k | €66k | €321k | ▲ 382% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €124k | €132k | €100k | €143k | €46k | ▼ 67.9% |
| + Depreciation and write-downs630 | €39k | €2k | €2k | €8k | €6k | ▼ 32.1% |
| Operating cash flow (approximation) | €163k | €134k | €102k | €151k | €51k | ▼ 65.9% |
| Investment in fixed assets (approximation) | - | €0 | €-20k | €108k | €-30k | ▼ 128% |
| Change in cash | - | €26k | €39k | €-60k | €-46k | ▲ 24.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €143k ▲42.5%
Net result €143k, the highest in the series.
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €500kEq €539k ▲22.8%
5 profitable years in a row build equity to €539k.
15-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Liquidity doublescurrent ratio 5.15
Current ratio from 2.31 to 5.15; short-term debt falls from €106k to €56k.
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
15-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 1.44
Current ratio from 0.67 to 1.44; short-term debt falls from €140k to €93k.
Show earlier events
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2001
Ground area
2,599 m²
Building footprint
239 m²
Volume, LiDAR
1,193 m³
Parcel 11322C0009/00X002, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bevrijdingslei 7, 2930 Brasschaat
since 20012.100.283.689
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322C0009/00X002 | Flanders | 2,598 m² | 1 · 239 m² | 11.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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OILINMOTION
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QB CONSULTANCY
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 37,319 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-01-2001
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.