PHENNIX (0809.752.931): financials and annual accounts

PHENNIX

Brussels ·KBO/BCE: BE 0809.752.931

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Balance sheet: assets
Total assets`20/58`	31,131	29,527	22,240	10,525	25,074	21,697	22,024	39,845	9,592	9,013	6,802	9,537	19,437	18,536	18,975	11,122	6,281
Fixed assets`21/28`	11,107	12,497	14,105	4,740	4,158	4,259	5,569	6,878	8,339	8,339	6,138	8,807	11,146	13,844	11,747	4,528	2,361
Tangible fixed assets`22/27`	8,157	9,547	11,155	1,790	1,208	1,309	2,619	3,928	5,389	5,389	3,188	5,857	8,376	11,074	11,747	4,528	2,361
Plant, machinery and equipment`23`	993	1,383	1,773	1,077	-	564	1,128	1,692	2,034	2,034	1,283	330	-	-	-	-	-
Furniture and vehicles`24`	-	-	218	713	1,208	375	750	1,125	1,688	1,688	238	2,986	5,842	8,103	8,340	2,429	-
Other tangible fixed assets`26`	7,164	8,164	-	-	-	370	741	1,111	1,667	1,667	1,667	2,540	2,534	2,970	3,407	2,099	2,361
Assets under construction and advance payments`27`	-	-	9,164	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	2,950	2,950	2,950	2,950	2,950	2,950	2,950	2,950	2,950	2,950	2,950	2,950	2,770	2,770	-	-	-
Current assets`29/58`	20,024	17,030	8,134	5,785	20,916	17,438	16,455	32,967	1,253	674	664	731	8,291	4,692	7,228	6,593	3,920
Stocks and contracts in progress`3`	11,671	10,896	7,296	4,796	2,996	9,496	9,496	8,996	496	496	496	496	726	-	-	-	-
Stocks`30/36`	11,671	10,896	7,296	4,796	2,996	9,496	9,496	8,996	496	496	496	496	726	-	-	-	-
Amounts receivable within one year`40/41`	696	624	80	-	113	1,006	473	-	-	10	-	-	-	284	4,590	4,945	126
Trade receivables`40`	696	-	-	-	-	1,006	-	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`41`	-	624	80	-	113	-	473	-	-	10	-	-	-	284	4,590	4,945	126
Current investments`50/53`	-	-	-	-	-	-	-	-	757	168	-	-	-	-	-	-	-
Cash at bank and in hand`54/58`	7,658	5,511	466	989	17,807	6,936	6,486	23,971	-	-	168	235	6,815	3,827	2,045	1,301	3,538
Deferred charges and accrued income`490/1`	-	-	292	-	-	-	-	-	-	-	-	-	750	581	593	348	256
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	31,131	29,527	22,240	10,525	25,074	21,697	22,024	39,845	9,592	9,013	6,802	9,537	19,437	18,536	18,975	11,122	6,281
Equity`10/15`	-22,166	-23,300	-23,442	-30,972	-22,517	-23,755	-9,677	-9,084	-5,064	-40,423	-47,443	-14,869	-32,545	-25,865	-24,425	-15,342	-2,396
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	6,200
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,400
Profit (loss) carried forward`14`	-40,766	-41,900	-42,042	-49,572	-41,117	-42,355	-28,277	-27,684	-23,664	-59,023	-66,043	-33,469	-51,145	-44,465	-43,025	-33,942	-8,596
Amounts payable`17/49`	53,297	52,827	45,682	41,497	47,591	45,452	31,701	48,929	14,656	49,436	54,244	24,406	51,982	44,401	43,400	26,463	8,677
Amounts payable within one year`42/48`	53,297	52,827	45,682	41,497	47,591	45,452	31,701	48,929	14,656	49,436	54,244	24,406	51,982	44,401	43,400	26,463	8,677
Trade debts`44`	2,512	2,420	1,578	2,813	11,226	7,958	1,864	20,681	-	-	-	604	26,375	22,304	10,568	6,492	667
Suppliers`440/4`	2,512	2,420	1,578	2,813	11,226	7,958	1,864	20,681	-	-	-	604	26,375	22,304	10,568	6,492	667
Taxes, remuneration and social security`45`	3,971	1,427	1,619	1,582	-	-	-	12,730	13,082	11,700	-	12,742	18,797	7,804	5,348	4,660	7,209
Taxes`450/3`	3,971	1,427	1,619	1,582	-	-	-	2,392	1,382	7,614	-	7,379	6,665	2,767	1,762	660	3,480
Remuneration and social security`454/9`	-	-	-	-	-	-	-	10,338	11,700	4,086	-	5,363	12,132	5,037	3,586	3,999	3,729
Other amounts payable`47/48`	46,814	48,981	42,486	37,102	36,365	37,494	29,837	15,518	1,574	37,736	54,244	11,061	6,810	14,293	27,484	15,312	800
Income statement
Turnover`70`	70,419	54,501	50,644	51,462	48,127	22,967	45,070	74,751	-	-	-	-	-	-	-	-	-
Gross operating margin`9900`	3,576	2,270	9,815	-7,389	3,131	-11,631	995	24,154	-12,666	10,527	-27,140	25,708	35,270	49,686	26,826	9,575	4,004
Goods, raw materials, services and sundry goods`60/61`	66,844	52,230	40,829	58,851	44,996	34,597	44,075	50,597	-	-	-	-	-	-	-	-	-
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	23,235	13,405	3,358	753	4,162	38,427	37,320	32,139	29,707	11,216
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	1,390	1,608	1,720	588	1,586	1,309	1,309	1,450	-	-	3,964	3,375	3,293	3,174	2,674	870	1,112
Other operating charges`640/8`	476	179	412	150	150	999	150	3,360	-	149	678	239	113	821	748	4,137	109
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	9,490	-	-	-
Operating profit (loss)`9901`	1,710	483	7,683	-8,127	1,395	-13,939	-464	-3,891	-26,071	7,020	-32,534	17,933	-6,563	8,371	-8,734	-25,139	-8,434
Financial charges`65/66B`	576	340	153	329	156	139	129	129	29	-	40	257	117	321	349	207	162
Recurring financial charges`65`	576	340	153	329	156	139	129	129	29	-	40	257	117	321	349	207	162
Profit (loss) for the period before taxes`9903`	1,134	143	7,529	-8,456	1,239	-14,078	-593	-4,020	-26,100	7,020	-32,574	17,676	-6,680	-1,440	-9,084	-25,346	-8,596
Profit (loss) for the period`9904`	1,134	143	7,529	-8,456	1,239	-14,078	-593	-4,020	-26,100	7,020	-32,574	17,676	-6,680	-1,440	-9,084	-25,346	-8,596
Profit (loss) for the period to be appropriated`9905`	1,134	143	7,529	-8,456	1,239	-14,078	-593	-4,020	-26,100	7,020	-32,574	17,676	-6,680	-1,440	-9,084	-25,346	-8,596
Appropriation of the result
Profit (loss) to be appropriated`9906`	-40,766	-41,900	-42,042	-49,572	-41,117	-42,355	-28,277	-27,684	-85,123	-59,023	-66,043	-33,469	-51,145	-44,465	-43,025	-33,942	-8,596
Profit (loss) brought forward from the previous period`14P`	-41,900	-42,042	-49,572	-41,116	-42,356	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	-	0.6	-	-	-	-	-	1.3	0.7	0.9	-
Hours worked`1013`	-	-	-	-	-	-	-	1,114	-	-	-	-	-	2,012	1,372	1,551	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	23-09-2026	2026-00525192	PDF
31-12-2024	micro format	02-09-2025	2025-00483077	PDF
31-12-2023	micro format	29-09-2024	2024-00485219	PDF
31-12-2022	micro format	25-09-2023	2023-00454645	PDF
31-12-2021	micro format	17-09-2022	2022-20433125	PDF
31-12-2020	micro format	25-11-2021	2021-78300500	PDF
31-12-2019	micro format	07-11-2020	2020-69700290	PDF
31-12-2018	full format	13-10-2019	2019-70100323	PDF
31-12-2017	micro format	23-05-2019	2019-14300592	PDF
31-12-2016	micro format	22-10-2017	2017-68100009	PDF
31-12-2015	full format	27-09-2016	2016-63400471	PDF
31-12-2014	full format	15-07-2015	2015-31400295	PDF
31-12-2013	full format	30-08-2014	2014-52300031	PDF
31-12-2012	full format	25-09-2013	2013-59700017	PDF
31-12-2011	full format	03-10-2012	2012-60300395	PDF
31-12-2010	full format	29-05-2012	2012-13500095	PDF
31-12-2009	full format	26-10-2010	2010-59000481	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
EBITDA	3,100	2,091	9,403	-7,539	2,981	-12,630	845	-2,441	-	-	-28,571	21,308	-3,270	11,545	-6,061	-24,269	-7,322
Cash flow	2,524	1,751	9,250	-7,868	2,825	-12,769	716	-2,570	-	-	-28,610	21,051	-3,387	1,734	-6,410	-24,476	-7,483
Investment in fixed assets (approximation)	0	0	11,086	1,170	1,484	-1	0	-11	-	2,202	1,295	1,036	596	5,270	9,893	3,037	3,473
Change in cash	2,146	5,045	-523	-16,818	10,871	450	-17,485	-	-	-	-67	-6,581	2,988	1,782	744	-2,237	-
Working capital	-33,273	-35,797	-37,548	-35,712	-26,675	-28,014	-15,246	-15,962	-13,403	-48,762	-53,581	-23,676	-43,691	-39,709	-36,172	-19,870	-4,757
EBIT margin	2.4%	0.9%	15.2%	-15.8%	2.9%	-60.7%	-1.0%	-5.2%	-	-	-	-	-	-	-	-	-
Solvency	-71.2%	-78.9%	-105.4%	-294.3%	-89.8%	-109.5%	-43.9%	-22.8%	-52.8%	-448.5%	-697.5%	-155.9%	-167.4%	-139.5%	-128.7%	-137.9%	-38.1%
Current ratio	0.38	0.32	0.18	0.14	0.44	0.38	0.52	0.67	0.09	0.01	0.01	0.03	0.16	0.11	0.17	0.25	0.45
Quick ratio	0.16	0.12	0.02	0.02	0.38	0.17	0.22	0.49	0.05	0.00	0.00	0.01	0.15	0.11	0.17	0.25	0.45
ROA	3.6%	0.5%	33.9%	-80.3%	4.9%	-64.9%	-2.7%	-10.1%	-272.1%	77.9%	-478.9%	185.3%	-34.4%	-7.8%	-47.9%	-227.9%	-136.8%
Interest coverage	5.38	6.14	61.35	-22.91	19.11	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	4 days	4 days	1 day	-	1 day	16 days	4 days	-	-	-	-	-	-	-	-	-	-
Supplier credit	14 days	17 days	14 days	17 days	91 days	84 days	15 days	149 days	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	€11,086	€1,170	€1,484
Depreciation and write-downs of the year	€1,390	€1,608	€1,720	€588	€1,586

PHENNIX

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-71.2%

Current ratio0.38

Return on assets3.6%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on PHENNIX

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