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PHENIX ROYAL

Active
Public limited companyfounded 199827 yrs activeBelgicalaan 16, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0464.968.906
Summary

The computed 12-month bankruptcy probability of PHENIX ROYAL is 2.8% (moderate). The 2024 annual accounts show negative equity (-€46,870) and a net result of -€116,440. Equity is shrinking by ~32.7% per year across the filed fiscal years. Its solvency ranks better than 23% of 490 sector peers (fiscal year 2024). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
PHENIX ROYALActiveChecked score 49/100
Risk analysis ReportCompare

Overview

Activity
Hotels and similar accommodation
NACE 55100Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
#5 company by total assets in Sint-Jans-Molenbeek, Accommodation and food service sector1 site
Size
€1.6mtotal assets 2024
Equity
-€46,870
Loss
-€116,440
Financial health
49 Fair Checked score 2024
Bankruptcy chance 12 m
2.8%
Structure
Parent
Royal Belgian
Accounts 67 d overdue0 of 12 deeds read
Why 49- Liquidity: current ratio 0.00, cash €3,131- Figures for FY 2024 (filed 30-09-2025)+ Founded in 1998+ Size: total assets €1.6mShow the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 14% of its sector peers (NACE 55, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 22-7
equity -2.9% of total assets
Liquidity 4-6
short-term debt 83.5% · cash 0.2%
Profitability 12+4
return on assets -7.2%
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,509 companies)
Last 24 months 11-2024: 1.9% 12-2024: 1.9%● 0.0% vs 11-2024 01-2025: 1.9%● 0.0% vs 12-2024 02-2025: 1.9%▲ +1.7% vs 01-2025 03-2025: 1.9%● 0.0% vs 02-2025 04-2025: 1.8%▼ -2.1% vs 03-2025 05-2025: 1.8%▲ +0.3% vs 04-2025 06-2025: 1.8%▼ -4.8% vs 05-2025 07-2025: 1.9%▲ +7.4% vs 06-2025 08-2025: 2.3%▲ +21.9% vs 07-2025 09-2025: 2.4%▲ +2.2% vs 08-2025 10-2025: 1.7%▼ -26.2% vs 09-2025 11-2025: 1.7%▼ -0.6% vs 10-2025 12-2025: 1.7%● 0.0% vs 11-2025 01-2026: 1.7%● 0.0% vs 12-2025 02-2026: 1.8%▲ +1.7% vs 01-2026 03-2026: 1.8%● 0.0% vs 02-2026 04-2026: 1.7%▼ -2.1% vs 03-2026 05-2026: 1.7%▲ +0.2% vs 04-2026 06-2026: 1.7%▼ -3.9% vs 05-2026 07-2026: 1.6%▼ -3.6% vs 06-2026lowest value 08-2026: 2.2%▲ +39.7% vs 07-2026 09-2026: 2.4%▲ +6.2% vs 08-2026 10-2026: 2.8%▲ +16.1% vs 09-2026highest value
  • Liquidity: current ratio 0.00, cash €3,131 raises the probability
  • Figures for FY 2024 (filed 30-09-2025) raises the probability
  • Founded in 1998 lowers the probability for this profile
  • Size: total assets €1.6m lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2023; short-term debt: 83.5% and cash: 0.2% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 55, micro). Better than this share of them on solvency 27%, liquidity 8%, profitability 17%, growth against the median 4%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.00, cash €3,131
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 30-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1998
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: total assets €1.6m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€46,870
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
87 d late
2022
109 d late
2021
93 d late
2020
27 d late
2019
73 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 75 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · full…
  2. Annual accounts filedfiscal year 2023 · full…
  3. Weakest financial yearnet -€138,917

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€46,870 View
  • Risk: 7 loss-making years in a rowloss fiscal year 2024 -€116,440 View
  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View
  • Positive: Company by total assets in Sint-Jans-Molenbeek, Accommodation and…in the Checked rankings #5 View
  • Controlled by Royal Belgian parent View

By topic

Financials

Fiscal year
2024
Total assets
€1.6m
Loss
-€116,440
Solvency
-2.9%
Total assets▼ 1.3%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2016
  1. 30-09-2025Annual accounts filed
  2. 26-10-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Hotels and similar accommodationNACE 55100
Founded
23-12-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

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