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PHENIX ONE

Active
Private limited company (pre-2019)founded 201214 yrs activeJoseph Baecklaan 72, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0848.584.110
Summary

The computed 12-month bankruptcy probability of PHENIX ONE is 1.8% (moderate). The 2024 annual accounts show equity of €61,779 and a net result of €9,972. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 36381 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability86▼-11
Solvency100▲+3
Growth68=
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 7.12 against 3.52 in 2023; short-term debt: 14% and cash: 32.4% of total assets), and 14% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-06-2026, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
33 d early
2024
56 d early
2023
71 d early
2022
16 d late
2021
35 d early
2020
13 d early
2019
24 d early
← 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 31 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 26 June (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PHENIX ONE was incorporated on 11 September 2012.1 Revenue grew from EUR 24,000 in 2018 to EUR 54,979 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

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Financials · fiscal year 2024, micro schema

Turnover
€54,979▲ 91.2%
2020 · €28,755
EBIT margin
26.4%▲ 60.3pp
2020 · -33.9%
Net result
€9,972▼ 38.4%
2023 · €16,181
Working capital
€61,779▲ 19.8%
2023 · €51,573
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€28,755▼ 20.3%€54,979▲ 91.2%
Operating result-€9,735€14,542€8,526▼ 41.4%€22,483▲ 164%€14,058▼ 37.5%
Net result-€9,874below the sector's middle half€13,159within the sector's middle half€6,146within the sector's middle half▼ 53.3%€16,181within the sector's middle half▲ 163%€9,972within the sector's middle half▼ 38.4%
EBIT margin-33.9%▼ 55.2pp26.4%▲ 60.3pp
Equity€16,321below the sector's middle half▼ 37.7%€29,481within the sector's middle half▲ 80.6%€35,626within the sector's middle half▲ 20.8%€51,808within the sector's middle half▲ 45.4%€61,779within the sector's middle half▲ 19.2%
Total assets€21,593below the sector's middle half▼ 19.1%€42,282below the sector's middle half▲ 95.8%€37,843below the sector's middle half▼ 10.5%€72,311within the sector's middle half▲ 91.1%€71,875within the sector's middle half▼ 0.6%
Debt€5,271▲ 954%€12,801▲ 143%€2,217▼ 82.7%€20,504▲ 825%€10,096▼ 50.8%
Working capital€11,404below the sector's middle half▼ 30.3%€20,713within the sector's middle half▲ 81.6%€31,125within the sector's middle half▲ 50.3%€51,573within the sector's middle half▲ 65.7%€61,779within the sector's middle half▲ 19.8%
Solvency75.6%above the sector's middle half▼ 22.5pp69.7%above the sector's middle half▼ 5.9pp94.1%above the sector's middle half▲ 24.4pp71.6%above the sector's middle half▼ 22.5pp86.0%above the sector's middle half▲ 14.3pp
Current ratio3.16above the sector's middle half▼ 30.562.62within the sector's middle half▼ 0.5515.04above the sector's middle half▲ 12.423.52above the sector's middle half▼ 11.537.12above the sector's middle half▲ 3.60
Return on assets (ROA)-45.7%below the sector's middle half▼ 74.1pp31.1%above the sector's middle half▲ 76.9pp16.2%within the sector's middle half▼ 14.9pp22.4%above the sector's middle half▲ 6.1pp13.9%within the sector's middle half▼ 8.5pp
Staff (FTE)0.5
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2020: -€9,735-€9,735Net result 2020: -€9,874-€9,874Operating result 2021: €14,542€14,542Net result 2021: €13,159€13,159Operating result 2022: €8,526€8,526Net result 2022: €6,146€6,146Operating result 2023: €22,483€22,483Net result 2023: €16,181€16,181Operating result 2024: €14,058€14,058Net result 2024: €9,972€9,97220202021202220232024€0€10,000€20,000Operating result 2022: €8,526€8,530Net result 2022: €6,146€6,150Operating result 2023: €22,483€22,500Net result 2023: €16,181€16,200Operating result 2024: €14,058€14,100Net result 2024: €9,972€9,970202220232024
The operating result falls in 2024; 2024 is 37% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €71,875
Equity €61,779 ▲ 19.2%
Debt €10,096 ▼ 50.8%
Debt's share of the balance-sheet total falls from 28.4% to 14.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€14,293▼
2023 · €26,749
Cash flow
€10,207▼
2023 · €20,448
Debt to equity
0.16▼
2023 · 0.40
ROE
16.1%▼
2023 · 31.2%
Interest coverage
238.22▲
2023 · 127.99
Debt ≤ 1 year
€10,096▼
2023 · €20,504
Income taxes
€4,922▼
2023 · €6,092
Staff costs
€27,616
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 1.8% 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 497,338 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% 1.9%
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% 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 34,696 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 · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€72,311€71,875▼
Fixed assets21/28€235-
Tangible fixed assets22/27€235-
Furniture and vehicles24€235-
Current assets29/58€72,076€71,875▼
Amounts receivable within one year40/41€48,905€48,598▼
Trade receivables40€14,900€32,100▲
Other amounts receivable41€34,005€16,498▼
Cash at bank and in hand54/58€23,172€23,277▲
Equity and liabilities
Total equity and liabilities10/49€72,311€71,875▼
Equity10/15€51,808€61,779▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€31,348€41,319▲
Amounts payable17/49€20,504€10,096▼
Amounts payable within one year42/48€20,504€10,096▼
Trade debts44€13,180-
Suppliers440/4€13,180-
Taxes, remuneration and social security45€7,324€10,096▲
Taxes450/3€7,324€5,204▼
Remuneration and social security454/9-€4,892
Income statement Code20232024
Remuneration, social security and pensions62-€27,616
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,266€235▼
Other operating charges640/8€289€7,473▲
Gross operating margin9900€27,038€49,382▲
Operating profit (loss)9901€22,483€14,058▼
Financial income75/76B-€895
Recurring financial income75-€895
Financial charges65/66B€209€60▼
Recurring financial charges65€209€60▼
Profit (loss) for the period before taxes9903€22,274€14,894▼
Income taxes67/77€6,092€4,922▼
Profit (loss) for the period9904€16,181€9,972▼
Profit (loss) for the period to be appropriated9905€16,181€9,972▼
Appropriation of the result
Profit (loss) to be appropriated9906€31,348€41,319▲
Profit (loss) brought forward from the previous period14P€15,166€31,348▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€28,755€54,979----
Goods, raw materials, services and sundry goods60/61-€37,093----
Remuneration, social security and pensions62----€27,616-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,916€4,032€4,266€4,266€235▼ 94.5%
Other operating charges640/8-€1,860€423€289€7,473▲ 2,485%
Gross operating margin9900-€4,345€20,434€13,215€27,038€49,382▲ 82.6%
Operating profit (loss)9901-€9,735€14,542€8,526€22,483€14,058▼ 37.5%
Financial income75/76B----€895-
Recurring financial income75----€895-
Financial charges65/66B-€141€163€209€60▼ 71.3%
Recurring financial charges65€139€141€163€209€60▼ 71.3%
Profit (loss) for the period before taxes9903-€9,874€14,401€8,362€22,274€14,894▼ 33.1%
Income taxes67/77-€1,242€2,217€6,092€4,922▼ 19.2%
Profit (loss) for the period9904-€9,874€13,159€6,146€16,181€9,972▼ 38.4%
Profit (loss) for the period to be appropriated9905-€9,874€13,159€6,146€16,181€9,972▼ 38.4%
Line20202021202220232024Change
Assets
Total assets20/58€21,593€42,282€37,843€72,311€71,875▼ 0.6%
Fixed assets21/28€4,918€8,768€4,501€235--
Tangible fixed assets22/27€4,918€8,768€4,501€235--
Furniture and vehicles24-€8,768€4,501€235--
Current assets29/58€16,675€33,514€33,342€72,076€71,875▼ 0.3%
Amounts receivable within one year40/41€12,139€26,220€15,230€48,905€48,598▼ 0.6%
Trade receivables40-€23,332€9,510€14,900€32,100▲ 115%
Other amounts receivable41-€2,889€5,720€34,005€16,498▼ 51.5%
Cash at bank and in hand54/58€4,536€7,294€18,112€23,172€23,277▲ 0.5%
Equity and liabilities
Total equity and liabilities10/49€21,593€42,282€37,843€72,311€71,875▼ 0.6%
Equity10/15€16,321€29,481€35,626€51,808€61,779▲ 19.2%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€4,139€9,021€15,166€31,348€41,319▲ 31.8%
Amounts payable17/49€5,271€12,801€2,217€20,504€10,096▼ 50.8%
Amounts payable within one year42/48€5,271€12,801€2,217€20,504€10,096▼ 50.8%
Trade debts44€4,614€12,800-€13,180--
Suppliers440/4-€12,800-€13,180--
Taxes, remuneration and social security45--€2,217€7,324€10,096▲ 37.8%
Taxes450/3--€2,217€7,324€5,204▼ 29.0%
Remuneration and social security454/9----€4,892-
Other amounts payable47/48-€1----
Line20202021202220232024Change
Profit (loss) for the period9904-€9,874€13,159€6,146€16,181€9,972▼ 38.4%
+ Depreciation and write-downs630€4,916€4,032€4,266€4,266€235▼ 94.5%
Operating cash flow (approximation)-€4,958€17,192€10,412€20,448€10,207▼ 50.1%
Investment in fixed assets (approximation)--€7,882€0€0--
Change in cash-€2,758€10,818€5,060€106▼ 97.9%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
05-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity doublescurrent ratio 7.12
Current ratio from 3.52 to 7.12; short-term debt falls from €20,504 to €10,096.
21-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
16-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial Liquidity times 6current ratio 15.04
Current ratio from 2.62 to 15.04; short-term debt falls from €12,801 to €2,217.
26-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €13,159
Net result €13,159 after one loss-making year.
18-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€9,874
Net result drops to -€9,874, the lowest in the series; recovery starts the following year.
07-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Liquidity quadruplescurrent ratio 33.72
Current ratio from 8.23 to 33.72; short-term debt falls from €2,578 to €500.
Show earlier events
27-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
05-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 36 days late
2017
08-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 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, Sint-Jans-Molenbeek · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
8,003 m²
Building footprint
538 m²
Volume, LiDAR
12,418 m³
2 parcels, Brussels · tallest building 37.3 m, ±12 floors. Linked by address, not a title deed.
30 companies at this address See who is registered here
1 establishment unit
PHENIX ONE
Liedtsstraat 23, 1030 SchaarbeekSpecialised construction activities
since 20182.305.246.669
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21523B0861/00D000 Brussels 7,479 m² 1 · 282 m² 37.3 m · 12 fl.
21909E0042/00C009 Brussels 523 m² 1 · 256 m² 18.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

Of 15,524 companies in sector 43990 we hold annual accounts for 7,427. 6,190 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 (pre-2019)
Founded11-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43230Insulation installation
43240Other construction installation
43350Other building finishing work
49320Non-scheduled passenger transport by road
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0848584110
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.