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PHDJ

Active
Public limited companyfounded 1987active for 39 yearsRue d'Abhooz 23, 4040 Herstal, Belgium11 active companies are registered at this addressKBO/BCE: BE 0431.035.138
Summary

PHDJ has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.3m and a net result of €1.3m. Equity is growing by about 4.6% per year across the filed financial years. Its solvency ranks better than 71% of 5,007 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
PHDJActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of watches and jewellery
NACE 47770
2 sites
Size
€14.8mtotal assets 2025
Staff
3.5 FTE
Equity
€8.3m
Profit
€1.3m
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Holdings
3
Accounts filed 31 days late0 of 7 deeds read
Why 86raises riskLiquidity: current ratio 0.61, cash €57,049Latest accounts 31 days late; 1 of the last 3 latelowers riskFounded in 1987Size: 3.5 FTE, total assets €14.8mShow the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 81+3
equity 56.2% of total assets
Liquidity 31+2
short-term debt 41.6% · cash 0.4%
Profitability 29-1
return on assets 8.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,222 companies, NACE 47, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.6 percentage points vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.3%▼ -0.3 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €700,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.61, compared with 0.38 in 2024, below 1; short-term debt: 41.6% and cash: 0.4% of total assets), and 43.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 69% on solvency, 28% on liquidity, 25% on profitability and 71% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.61, cash €57,049
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: 3.5 FTE, total assets €14.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
NBB · filings
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
on the day
2023
5 days early
2022
25 days late
2021
30 days late
2020
27 days late
2019
45 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Other provision · Capital increasePower of attorney · Capital…
  3. General meeting · ShareholdingPower of attorney · Capital

Key points

  • Positive: Among the best 5% on net resultsector median €40,191 · 5,007 companies €1.3m View
  • Heads a groupcompanies controlled 11 View
  • Active since 1987founded 21-04-1987 39 years View

By topic

Financials

Financial year
2025
Total assets
€14.8m
Profit
€1.3m
Solvency
56.2%
Turnover▼ 1.4%
Net result
20182020
Go to Financials

Timeline

Events
45
Since
1989
Next accounts
by 31-07-2027
  1. 31-12-2025Highest result from 2018 to 2025
  2. 31-07-2025Annual accounts filed
  3. 12-11-2024General meeting · Shareholding
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Retail sale of watches and jewelleryNACE 47770
Founded
21-04-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about PHDJ

What is the company number of PHDJ?
0431.035.138. In Belgium the VAT number is the company number with BE in front: BE 0431.035.138.
Where is PHDJ based?
The registered office is at Rue d'Abhooz 23, 4040 Herstal.Company details
What does PHDJ do?
According to the KBO register, the main activity is retail sale of watches and jewellery (NACE 47770).
What is the legal form of PHDJ?
Public limited company (NV).
When was PHDJ founded?
On 21-04-1987.
Is PHDJ still active?
Yes, PHDJ is an active enterprise in the KBO register.
How many employees does PHDJ have?
On average 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PHDJ?
€434,728 in financial year 2020, according to the filed annual accounts.
Is PHDJ profitable?
In financial year 2025, PHDJ made a profit of €1.3m.
Where can I find the annual accounts of PHDJ?
PHDJ filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PHDJ due?
By 31-07-2027, for financial year 2026.Timeline

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