PHI-BIS
ActiveSummary
PHI-BIS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.60M and a net result of €462k. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 57% of 4178 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-3
Solvency67▲+2
Growth67=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.23 in 2024; short-term debt: 58.2% and cash: 0.2% of total assets), and 58.2% of the assets are financed with debt.
Credit check for your own amount and term
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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.8%
Return on assets
7.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
13 d early
2023
35 d early
2022
21 d early
2021
24 d early
2020
12 d early
2019
18 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€16.19M▲ 7.5%
2024 · €15.06M
2018: €12.16Mlowest in 8 years
2019: €13.28M▲ +9.2% vs 2018
2020: €13.79M▲ +3.8% vs 2019
2021: €12.86M▼ -6.7% vs 2020
2022: €13.58M▲ +5.6% vs 2021
2023: €14.14M▲ +4.1% vs 2022
2024: €15.06M▲ +6.6% vs 2023
2025: €16.19M▲ +7.5% vs 2024highest in 8 years
2018 → 2025
EBIT margin
4.7%▲ 0.2pp
2024 · 4.5%
2018: -0.7%lowest in 8 years
2019: 2.9%▲ +504% vs 2018
2020: 3.5%▲ +20.3% vs 2019
2021: 4.9%▲ +40.5% vs 2020
2022: 4.8%▼ -1.0% vs 2021
2023: 4.9%▲ +1.1% vs 2022highest in 8 years
2024: 4.5%▼ -7.8% vs 2023
2025: 4.7%▲ +4.8% vs 2024
2018 → 2025
Net result
€462k▼ 10.4%
2024 · €515k
2018: €-201klowest in 8 years
2019: €123k▲ +161% vs 2018
2020: €249k▲ +102% vs 2019
2021: €403k▲ +61.7% vs 2020
2022: €439k▲ +9.0% vs 2021
2023: €475k▲ +8.3% vs 2022
2024: €515k▲ +8.4% vs 2023highest in 8 years
2025: €462k▼ -10.4% vs 2024
2018 → 2025
Working capital
€1.28M▲ 79.8%
2024 · €711k
2018: €809k
2019: €651k▼ -19.5% vs 2018
2020: €401k▼ -38.4% vs 2019
2021: €13k▼ -96.9% vs 2020
2022: €-499k▼ -4087% vs 2021lowest in 8 years
2023: €-30k▲ +94.0% vs 2022
2024: €711k▲ +2460% vs 2023
2025: €1.28M▲ +79.8% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€12.86M-€13.58M▲ 5.6%€14.14M▲ 4.1%€15.06M▲ 6.6%€16.19M▲ 7.5%
2021: €12.86Mlowest in 5 years
2022: €13.58M▲ +5.6% vs 2021
2023: €14.14M▲ +4.1% vs 2022
2024: €15.06M▲ +6.6% vs 2023
2025: €16.19M▲ +7.5% vs 2024highest in 5 years
Equity€1.13M-€1.37M▲ 20.8%€1.63M▲ 18.6%€2.14M▲ 31.7%€2.60M▲ 21.6%
2021: €1.13Mlowest in 5 years
2022: €1.37M▲ +20.8% vs 2021
2023: €1.63M▲ +18.6% vs 2022
2024: €2.14M▲ +31.7% vs 2023
2025: €2.60M▲ +21.6% vs 2024highest in 5 years
Operating result€624k-€653k▲ 4.5%€687k▲ 5.3%€676k▼ 1.7%€761k▲ 12.6%
2021: €624klowest in 5 years
2022: €653k▲ +4.5% vs 2021
2023: €687k▲ +5.3% vs 2022
2024: €676k▼ -1.7% vs 2023
2025: €761k▲ +12.6% vs 2024highest in 5 years
Net result€403k-€439k▲ 9.0%€475k▲ 8.3%€515k▲ 8.4%€462k▼ 10.4%
2021: €403klowest in 5 years
2022: €439k▲ +9.0% vs 2021
2023: €475k▲ +8.3% vs 2022
2024: €515k▲ +8.4% vs 2023highest in 5 years
2025: €462k▼ -10.4% vs 2024
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.23M
Fixed assets
€1.32M ▼ 7.4%
Current assets
€4.90M ▲ 26.7%
Equity and liabilities €6.23M
Equity
€2.60M ▲ 21.6%
Debt
€3.62M ▲ 14.7%
Debt's share of the balance-sheet total falls from 59.6% to 58.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€874k▼
2024 · €910k
Cash flow
€575k▼
2024 · €750k
Current ratio
1.35▲
2024 · 1.23
Quick ratio
0.95▲
2024 · 0.90
Debt to equity
1.39▼
2024 · 1.48
ROE
17.7%▼
2024 · 24.1%
ROA
7.4%▼
2024 · 9.7%
Interest coverage
55.69▲
2024 · 49.15
Debt ≤ 1 year
€3.62M▲
2024 · €3.16M
Income taxes
€345k▲
2024 · €170k
Staff costs
€2.16M▼
2024 · €2.34M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 64 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.30M€6.23M▲
Formation expenses20€0€0=
Fixed assets21/28€1.43M€1.32M▼
Intangible fixed assets21€61k€36k▼
Tangible fixed assets22/27€1.37M€1.29M▼
Land and buildings22€1.25M€1.19M▼
Plant, machinery and equipment23€88k€66k▼
Furniture and vehicles24€28k€30k▲
Other tangible fixed assets26€0€0=
Assets under construction and advance payments27€2k€0▼
Current assets29/58€3.87M€4.90M▲
Stocks and contracts in progress3€1.01M€1.45M▲
Stocks30/36€1.01M€1.45M▲
Goods purchased for resale34€1.01M€1.45M▲
Amounts receivable within one year40/41€2.81M€3.42M▲
Trade receivables40€1.90M€2.42M▲
Other amounts receivable41€907k€994k▲
Cash at bank and in hand54/58€8k€10k▲
Deferred charges and accrued income490/1€46k€32k▼
Equity and liabilities
Total equity and liabilities10/49€5.30M€6.23M▲
Equity10/15€2.14M€2.60M▲
Contributions10/11€700k€700k=
Reserves13€42k€42k=
Non-distributable reserves130/1€26k€26k=
Reserves not available under the articles1311€26k€26k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€1.40M€1.86M▲
Investment grants15€0-
Amounts payable17/49€3.16M€3.62M▲
Amounts payable within one year42/48€3.16M€3.62M▲
Trade debts44€2.49M€2.97M▲
Suppliers440/4€2.49M€2.97M▲
Taxes, remuneration and social security45€671k€659k▼
Taxes450/3€238k€310k▲
Remuneration and social security454/9€433k€349k▼
Income statement
Code20242025
Operating income70/76A€15.11M€16.24M▲
Turnover70€15.06M€16.19M▲
Other operating income74€45k€45k▼
Non-recurring operating income76A€251€50▼
Operating charges60/66A€14.43M€15.48M▲
Goods for resale, raw materials and consumables60€10.20M€11.10M▲
Purchases600/8€10.05M€11.54M▲
Change in stocks: decrease (increase)609€147k€-434k▼
Services and other goods61€1.65M€2.09M▲
Remuneration, social security and pensions62€2.34M€2.16M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€235k€113k▼
Other operating charges640/8€9k€8k▼
Operating profit (loss)9901€676k€761k▲
Financial income75/76B€35k€69k▲
Recurring financial income75€35k€69k▲
Income from current assets751€33k€69k▲
Other financial income752/9€2k€406▼
Financial charges65/66B€25k€23k▼
Recurring financial charges65€25k€23k▼
Debt charges650€19k€16k▼
Other financial charges652/9€6k€7k▲
Profit (loss) for the period before taxes9903€685k€807k▲
Income taxes67/77€170k€345k▲
Taxes670/3€170k€345k▲
Profit (loss) for the period9904€515k€462k▼
Profit (loss) for the period to be appropriated9905€515k€462k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.40M€1.86M▲
Profit (loss) brought forward from the previous period14P€884k€1.40M▲
Social balance
Average headcount (FTE)908743.041.0▼
The notes to these accounts (55 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €12.92M | €13.64M | €14.21M | €15.11M | €16.24M | ▲ 7.5% |
| Turnover70 | €12.86M | €13.58M | €14.14M | €15.06M | €16.19M | ▲ 7.5% |
| Other operating income74 | €55k | €59k | €72k | €45k | €45k | ▼ 0.8% |
| Non-recurring operating income76A | - | €790 | €2k | €251 | €50 | ▼ 80.0% |
| Operating charges60/66A | €12.29M | €12.98M | €13.52M | €14.43M | €15.48M | ▲ 7.2% |
| Goods for resale, raw materials and consumables60 | €8.33M | €8.70M | €8.87M | €10.20M | €11.10M | ▲ 8.9% |
| Purchases600/8 | €8.41M | €8.80M | €8.91M | €10.05M | €11.54M | ▲ 14.8% |
| Change in stocks: decrease (increase)609 | €-82k | €-99k | €-47k | €147k | €-434k | ▼ 395% |
| Services and other goods61 | €1.16M | €1.45M | €2.23M | €1.65M | €2.09M | ▲ 26.7% |
| Remuneration, social security and pensions62 | €2.50M | €2.52M | €2.16M | €2.34M | €2.16M | ▼ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €299k | €292k | €260k | €235k | €113k | ▼ 51.7% |
| Other operating charges640/8 | €7k | €7k | €5k | €9k | €8k | ▼ 8.3% |
| Non-recurring operating charges66A | €212 | €7k | €3k | - | - | - |
| Operating profit (loss)9901 | €624k | €653k | €687k | €676k | €761k | ▲ 12.6% |
| Financial income75/76B | €12k | €11k | €694 | €35k | €69k | ▲ 98.6% |
| Recurring financial income75 | €12k | €11k | €694 | €35k | €69k | ▲ 98.6% |
| Income from current assets751 | €11k | €10k | - | €33k | €69k | ▲ 108% |
| Other financial income752/9 | €729 | €604 | €694 | €2k | €406 | ▼ 77.3% |
| Financial charges65/66B | €73k | €47k | €19k | €25k | €23k | ▼ 8.4% |
| Recurring financial charges65 | €73k | €47k | €19k | €25k | €23k | ▼ 8.4% |
| Debt charges650 | €67k | €42k | €12k | €19k | €16k | ▼ 15.2% |
| Other financial charges652/9 | €6k | €5k | €7k | €6k | €7k | ▲ 11.4% |
| Profit (loss) for the period before taxes9903 | €563k | €616k | €669k | €685k | €807k | ▲ 17.8% |
| Income taxes67/77 | €160k | €177k | €194k | €170k | €345k | ▲ 103% |
| Taxes670/3 | €160k | €177k | €194k | €170k | €345k | ▲ 103% |
| Profit (loss) for the period9904 | €403k | €439k | €475k | €515k | €462k | ▼ 10.4% |
| Profit (loss) for the period to be appropriated9905 | €403k | €439k | €475k | €515k | €462k | ▼ 10.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.92M | €4.66M | €5.46M | €5.30M | €6.23M | ▲ 17.5% |
| Formation expenses20 | - | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €2.12M | €1.87M | €1.66M | €1.43M | €1.32M | ▼ 7.4% |
| Intangible fixed assets21 | €493k | €347k | €208k | €61k | €36k | ▼ 41.1% |
| Tangible fixed assets22/27 | €1.63M | €1.52M | €1.45M | €1.37M | €1.29M | ▼ 5.9% |
| Land and buildings22 | €1.41M | €1.34M | €1.31M | €1.25M | €1.19M | ▼ 4.7% |
| Plant, machinery and equipment23 | €215k | €141k | €107k | €88k | €66k | ▼ 24.4% |
| Furniture and vehicles24 | €5k | €36k | €31k | €28k | €30k | ▲ 6.5% |
| Other tangible fixed assets26 | - | - | €0 | €0 | €0 | - |
| Assets under construction and advance payments27 | - | €870 | - | €2k | €0 | ▼ 100% |
| Current assets29/58 | €2.80M | €2.79M | €3.81M | €3.87M | €4.90M | ▲ 26.7% |
| Stocks and contracts in progress3 | €1.01M | €1.11M | €1.16M | €1.01M | €1.45M | ▲ 42.9% |
| Stocks30/36 | €1.01M | €1.11M | €1.16M | €1.01M | €1.45M | ▲ 42.9% |
| Goods purchased for resale34 | €1.01M | €1.11M | €1.16M | €1.01M | €1.45M | ▲ 42.9% |
| Amounts receivable within one year40/41 | €1.76M | €1.62M | €2.61M | €2.81M | €3.42M | ▲ 21.8% |
| Trade receivables40 | €1.61M | €1.50M | €1.67M | €1.90M | €2.42M | ▲ 27.6% |
| Other amounts receivable41 | €147k | €119k | €935k | €907k | €994k | ▲ 9.6% |
| Cash at bank and in hand54/58 | €6k | €10k | €18k | €8k | €10k | ▲ 36.2% |
| Deferred charges and accrued income490/1 | €20k | €48k | €23k | €46k | €32k | ▼ 31.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.92M | €4.66M | €5.46M | €5.30M | €6.23M | ▲ 17.5% |
| Equity10/15 | €1.13M | €1.37M | €1.63M | €2.14M | €2.60M | ▲ 21.6% |
| Contributions10/11 | €700k | €700k | €700k | €700k | €700k | = |
| Reserves13 | €42k | €42k | €42k | €42k | €42k | = |
| Non-distributable reserves130/1 | €26k | €26k | €26k | €26k | €26k | = |
| Reserves not available under the articles1311 | €26k | €26k | €26k | €26k | €26k | = |
| Distributable reserves133 | €15k | €15k | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €392k | €629k | €884k | €1.40M | €1.86M | ▲ 33.0% |
| Investment grants15 | - | - | €0 | €0 | - | - |
| Amounts payable17/49 | €3.79M | €3.29M | €3.84M | €3.16M | €3.62M | ▲ 14.7% |
| Amounts payable after more than one year17 | €1.00M | - | - | - | - | - |
| Financial debts170/4 | €1.00M | - | - | - | - | - |
| Other loans174 | €1.00M | - | - | - | - | - |
| Amounts payable within one year42/48 | €2.79M | €3.29M | €3.84M | €3.16M | €3.62M | ▲ 14.7% |
| Trade debts44 | €1.93M | €2.56M | €3.02M | €2.49M | €2.97M | ▲ 19.2% |
| Suppliers440/4 | €1.93M | €2.56M | €3.02M | €2.49M | €2.97M | ▲ 19.2% |
| Taxes, remuneration and social security45 | €508k | €519k | €600k | €671k | €659k | ▼ 1.8% |
| Taxes450/3 | €186k | €268k | €276k | €238k | €310k | ▲ 30.3% |
| Remuneration and social security454/9 | €323k | €251k | €324k | €433k | €349k | ▼ 19.4% |
| Other amounts payable47/48 | €349k | €203k | €220k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €403k | €439k | €475k | €515k | €462k | ▼ 10.4% |
| + Depreciation and write-downs630 | €299k | €292k | €260k | €235k | €113k | ▼ 51.7% |
| Operating cash flow (approximation) | €701k | €731k | €735k | €750k | €575k | ▼ 23.3% |
| Investment in fixed assets (approximation) | - | €-40k | €-46k | €-8k | €-8k | ▲ 7.4% |
| Change in cash | - | €4k | €7k | €-10k | €3k | ▲ 127% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
State Gazette act
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Christophe Beckers · Power of attorney6 facts ▸
State Gazette act
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Christophe Beckers · Power of attorney6 facts ▸
- General meeting, 30-06-2026
- Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Christophe Beckers (representative)
- Power of attorney, Catherine Wailly
- Power of attorney, Bram Busselot
- Power of attorney
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €515k ▲8.4%
Net result €515k, the highest in the series.
31-12
Financial
Equity above €2MEq €2.14M ▲31.7%
6 profitable years in a row build equity to €2.14M.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €1MEq €1.13M ▲23.8%
3 profitable years in a row build equity to €1.13M.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €123k
Net result €123k after one loss-making year.
Show earlier events
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 27 acts read
About the unread acts
Of the 27 Belgian State Gazette acts we know for this company, 1 has been read. The other 26 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Malle · 1 establishment unit since 1984
Ground area
529 m²
Building footprint
162 m²
Volume, LiDAR
926 m³
Parcel 11032A0668/00A000, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Apotheek Medimalle
since 19842.024.612.209
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11032A0668/00A000 | Flanders | 529 m² | 1 · 162 m² | 12.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| Ernst et Young Reviseurs d'EntreprisesCurrent Statutory auditor · represented by Christophe Beckers | 31-08-2026 → present |
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,619 EUR awarded · 1,619 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,619 EUR | 1,619 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteMalle2.024.612.209
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Identification & contact
Identification
Legal formPrivate limited company
Founded12-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
68321Property management for co-owned buildings (syndics)
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.