PHéNX
ActivePHéNX has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €247k and a net result of €33k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 20% of 1937 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-2
Solvency41▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.21 in 2023; short-term debt: 75.6% and cash: 8.5% of total assets), and 84.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1937 sector peers (2024).
NBB · sector comparisonPosition among 1937 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
35 d early
2022
39 d early
2021
30 d early
2020
18 d early
2019
103 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€247k▲ 15.3%
2023 · €214k
2018: €114k
2019: €117k
2020: €121k
2021: €153k
2022: €182k
2023: €214k
2018 → 2024
Total assets
€1.58M▲ 47.3%
2023 · €1.07M
2018: €386k
2019: €585k
2020: €783k
2021: €977k
2022: €848k
2023: €1.07M
2018 → 2024
Net result
€33k▲ 1.3%
2023 · €32k
2018: €9k
2019: €3k
2020: €3k
2021: €32k
2022: €29k
2023: €32k
2018 → 2024
Working capital
€181k▲ 9.2%
2023 · €165k
2018: €90k
2019: €97k
2020: €316k
2021: €281k
2022: €144k
2023: €165k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€121k-€153k▲ 26.4%€182k▲ 19.0%€214k▲ 17.7%€247k▲ 15.3%
Operating result€15k-€73k▲ 375%€63k▼ 13.1%€65k▲ 3.4%€70k▲ 7.6%
Net result€3k-€32k▲ 832%€29k▼ 9.1%€32k▲ 11.1%€33k▲ 1.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 8% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.58M
Fixed assets
€204k▲ 56.9%
Current assets
€1.37M▲ 45.9%
Equity and liabilities €1.58M
Equity
€247k▲ 15.3%
Provisions
€40k=
Debt
€1.29M▲ 58.0%
The debt ratio rises from 76.3% to 81.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€103k▲
2023 · €84k
Cash flow
€65k▲
2023 · €51k
Solvency
15.7%▼
2023 · 20.0%
Current ratio
1.15▼
2023 · 1.21
Quick ratio
1.15▼
2023 · 1.21
Debt / equity
5.22▲
2023 · 3.81
ROE
13.2%▼
2023 · 15.1%
ROA
2.1%▼
2023 · 3.0%
Interest coverage
8.27▼
2023 · 9.80
Debt
€1.29M▲
2023 · €816k
Debt ≤ 1 year
€1.19M▲
2023 · €774k
Debt > 1 year
€88k▲
2023 · €27k
Income taxes
€25k▲
2023 · €25k
Staff costs
€881k▲
2023 · €795k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.07M€1.58M▲
Fixed assets21/28€130k€204k▲
Tangible fixed assets22/27€67k€141k▲
Furniture and vehicles24€67k€141k▲
Financial fixed assets28€63k€63k=
Current assets29/58€939k€1.37M▲
Amounts receivable within one year40/41€849k€1.21M▲
Trade receivables40€765k€999k▲
Other amounts receivable41€84k€213k▲
Cash at bank and in hand54/58€69k€134k▲
Deferred charges and accrued income490/1€22k€26k▲
Equity and liabilities
Total equity and liabilities10/49€1.07M€1.58M▲
Equity10/15€214k€247k▲
Contributions10/11€100k€100k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€113k€145k▲
Provisions and deferred taxes16€40k€40k=
Provisions for liabilities and charges160/5€40k€40k=
Environmental obligations163€40k€40k=
Amounts payable17/49€816k€1.29M▲
Amounts payable after more than one year17€27k€88k▲
Financial debts170/4€27k€88k▲
Amounts payable within one year42/48€774k€1.19M▲
Current portion of amounts payable after more than one year42€8k€26k▲
Financial debts43€356k€658k▲
Credit institutions430/8€303k€594k▲
Other loans439€52k€64k▲
Trade debts44€272k€412k▲
Suppliers440/4€272k€412k▲
Taxes, remuneration and social security45€139k€92k▼
Taxes450/3€44k€13▼
Remuneration and social security454/9€95k€92k▼
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3€15k€10k▼
Income statement
Code20232024
Non-recurring operating income76A€6k-
Remuneration, social security and pensions62€795k€881k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€33k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€883k€988k▲
Operating profit (loss)9901€65k€70k▲
Financial income75/76B€17€13▼
Recurring financial income75€17€13▼
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€57k€58k▲
Income taxes67/77€25k€25k▲
Profit (loss) for the period9904€32k€33k▲
Profit (loss) for the period to be appropriated9905€32k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€113k€145k▲
Profit (loss) brought forward from the previous period14P€81k€113k▲
Social balance
Average headcount (FTE)90878.510.0▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €33k ▲1.3%
Net result €33k, the highest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €214k ▲17.7%
6 profitable years in a row build equity to €214k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €153k ▲26.4%
4 profitable years in a row build equity to €153k.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 103 days late
2019
31-12
Financial
Weakest financial yearnet €3k ▼61.7%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Merelbeke-Melle · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Guldensporenpark 1209820 Merelbeke-MelleGround area
1,042 m²
Building footprint
567 m²
Volume, LiDAR
3,994 m³
Parcel 44043A0418/00R000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PHéNX
since 20162.252.908.142
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44043A0418/00R000 | Flanders | 1,042 m² | 1 · 567 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 3 entries · 11,791 EUR awarded · 11,791 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 10,000 EUR |
| 2022 | 2 | 11,791 EUR | 1,791 EUR |
Schemes
Werkbaarheidscheque (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,555 companies in sector 71121 we hold annual accounts for 6,562. 5,015 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-05-2016
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.