PHDJ
ActivePHDJ has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.34M and a net result of €1.27M. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 4060 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-9
Solvency66▲+3
Growth64=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.38 in 2024), and 43.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
56.2%
Return on assets
8.6%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
5 d early
2022
25 d late
2021
30 d late
2020
27 d late
2019
45 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
07-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€435k▼ 1.4%
2019 · €441k
2018: €426k
2019: €441k
2018 → 2020
EBIT margin
13.2%▲ 1.2pp
2019 · 12.1%
2018: 5.7%
2019: 12.1%
2018 → 2020
Net result
€1.27M▲ 5.9%
2024 · €1.20M
2018: €-1k
2019: €19k
2020: €28k
2021: €457k
2022: €-9k
2023: €10k
2024: €1.20M
2018 → 2025
Working capital
€-2.41M▲ 33.1%
2024 · €-3.61M
2018: €-1.08M
2019: €-1.10M
2020: €-1.51M
2021: €-1.36M
2022: €-1.49M
2023: €-1.63M
2024: €-3.61M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.87M-€5.86M▼ 0.1%€5.87M▲ 0.2%€7.07M▲ 20.5%€8.34M▲ 18.0%
Operating result€57k-€35k▼ 39.7%€-44k€-28k▲ 37.1%€-15k▲ 45.4%
Net result€457k-€-9k€10k€1.20M▲ 12,338%€1.27M▲ 5.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2025 against €28k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.85M
Fixed assets
€11.09M=
Current assets
€3.76M▲ 68.1%
Equity and liabilities €14.85M
Equity
€8.34M▲ 18.0%
Debt
€6.51M▲ 4.0%
The debt ratio falls from 47.0% to 43.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€-10k▲
2024 · €-26k
Cash flow
€1.28M▲
2024 · €1.20M
Solvency
56.2%▲
2024 · 53.0%
Current ratio
0.61▲
2024 · 0.38
Quick ratio
0.57▲
2024 · 0.34
Debt / equity
0.78▼
2024 · 0.89
ROE
15.2%▼
2024 · 17.0%
ROA
8.6%▼
2024 · 9.0%
Interest coverage
-0.05▲
2024 · -0.16
Debt
€6.51M▲
2024 · €6.26M
Debt ≤ 1 year
€6.17M▲
2024 · €5.84M
Debt > 1 year
€317k▼
2024 · €406k
Income taxes
€694▼
2024 · €821
Staff costs
€269k▼
2024 · €274k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€13.33M€14.85M▲
Fixed assets21/28€11.09M€11.09M=
Tangible fixed assets22/27€23k€21k▼
Furniture and vehicles24€23k€18k▼
Other tangible fixed assets26€472€3k▲
Financial fixed assets28€11.07M€11.07M=
Current assets29/58€2.23M€3.76M▲
Stocks and contracts in progress3€222k€228k▲
Stocks30/36€222k€228k▲
Amounts receivable within one year40/41€1.58M€3.07M▲
Trade receivables40€107k€151k▲
Other amounts receivable41€1.47M€2.92M▲
Current investments50/53€401k€401k=
Cash at bank and in hand54/58€27k€57k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€13.33M€14.85M▲
Equity10/15€7.07M€8.34M▲
Contributions10/11€3.40M€3.40M=
Capital10€3.40M€3.40M=
Issued capital100€3.40M€3.40M=
Revaluation surpluses12€545k€545k=
Reserves13€574k€637k▲
Non-distributable reserves130/1€574k€637k▲
Legal reserve130€173k€237k▲
Own shares acquired1312€401k€401k=
Profit (loss) carried forward14€2.55M€3.76M▲
Amounts payable17/49€6.26M€6.51M▲
Amounts payable after more than one year17€406k€317k▼
Financial debts170/4€406k€317k▼
Amounts payable within one year42/48€5.84M€6.17M▲
Current portion of amounts payable after more than one year42€86k€97k▲
Financial debts43€1.00M€1.00M=
Credit institutions430/8€1.00M€1.00M=
Trade debts44€84k€88k▲
Suppliers440/4€84k€88k▲
Advances received on contracts in progress46€6k€5k▼
Taxes, remuneration and social security45€105k€101k▼
Taxes450/3€52k€57k▲
Remuneration and social security454/9€53k€44k▼
Other amounts payable47/48€4.56M€4.88M▲
Accrued charges and deferred income492/3€9k€21k▲
Income statement
Code20242025
Remuneration, social security and pensions62€274k€269k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k▲
Other operating charges640/8€1k€640▼
Gross operating margin9900€250k€259k▲
Operating profit (loss)9901€-28k€-15k▲
Financial income75/76B€1.39M€1.48M▲
Recurring financial income75€1.39M€1.48M▲
Financial charges65/66B€157k€195k▲
Recurring financial charges65€157k€195k▲
Profit (loss) for the period before taxes9903€1.20M€1.27M▲
Income taxes67/77€821€694▼
Profit (loss) for the period9904€1.20M€1.27M▲
Profit (loss) for the period to be appropriated9905€1.20M€1.27M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.61M€3.82M▲
Profit (loss) brought forward from the previous period14P€1.41M€2.55M▲
Transfer to equity691/2€60k€64k▲
To the legal reserve6920€60k€64k▲
Social balance
Average headcount (FTE)90873.63.5▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €1.27M ▲5.9%
Net result €1.27M, the highest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-9k ▼102%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 45 days late
2019
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
7 acts for this company are 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, Herstal · 2 establishment units since 1987
Ground area
2,806 m²
Building footprint
551 m²
Volume, LiDAR
3,736 m³
2 parcels, Wallonia · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Rue Haute(VIS) 17, 4600 Visé
since 19872.031.310.949
Rue d'Abhooz 23, 4040 Herstal
since 20142.234.821.701
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62312A0453/00K000 | Wallonia | 2,544 m² | 1 · 483 m² | 7.5 m · 2 fl. |
| 62108C0071/00N000 | Wallonia | 262 m² | 1 · 68 m² | 12.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MAISON DE GREEF
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ANDERS DIAMONDS
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Of 2,003 companies in sector 47770 we hold annual accounts for 884. 116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-04-1987
Fiscal year end31-12
Activities, NACEBEL
47770Retail sale of watches and jewellery
52484
69109Other legal services
70321
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.