Summary
phi-NiX is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €64,146 and a net result of -€10,974. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 46% of 8048 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-05-2026, 4 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 · 9 filingsDeviation from the deadline
2025
4 d late
2024
6 d late
2023
3 d early
2022
3 d late
2021
8 d late
2020
4 d late
2019
35 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€64,146▼ 14.6%
2024 · €75,120
Net result
-€10,974▼ 63.9%
2024 · -€6,697
Total assets
€136,224▼ 21.1%
2024 · €172,725
Solvency
47.1%▲ 3.6pp
2024 · 43.5%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€19,561€20,193€8,770▼ 56.6%-€5,518-€10,401▼ 88.5%
Net result-€21,493€17,905€6,793▼ 62.1%-€6,697-€10,974▼ 63.9%
Equity€57,120▼ 27.3%€75,025▲ 31.3%€81,817▲ 9.1%€75,120▼ 8.2%€64,146▼ 14.6%
Total assets€253,770▲ 115%€223,100▼ 12.1%€192,630▼ 13.7%€172,725▼ 10.3%€136,224▼ 21.1%
Debt€196,650▲ 401%€148,075▼ 24.7%€110,812▼ 25.2%€97,605▼ 11.9%€72,077▼ 26.2%
Working capital-€47,582-€37,516▲ 21.2%-€37,333▲ 0.5%-€66,179▼ 77.3%-€62,524▲ 5.5%
Solvency22.5%▼ 44.2pp33.6%▲ 11.1pp42.5%▲ 8.8pp43.5%▲ 1.0pp47.1%▲ 3.6pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10,401 in 2025 against €5,518 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136,224
Fixed assets
€127,198 ▼ 20.9%
Current assets
€9,025 ▼ 24.6%
Equity and liabilities €136,224
Equity
€64,146 ▼ 14.6%
Debt
€72,077 ▼ 26.2%
Debt's share of the balance-sheet total falls from 56.5% to 52.9%. Equity and debt are lower.
Key figures and ratios
ROE
-17.1%▼
2024 · -8.9%
ROA
-8.1%▼
2024 · -3.9%
Debt ≤ 1 year
€71,550▼
2024 · €78,148
Income taxes
€56▼
2024 · €191
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €4,204 | €909 | - | €8,111 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,908 | €30,084 | €29,500 | €31,079 | €33,558 | ▲ 8.0% |
| Other operating charges640/8 | €1,239 | €1,202 | €1,442 | €834 | €1,065 | ▲ 27.7% |
| Gross operating margin9900 | -€413 | €51,480 | €39,711 | €26,395 | €24,222 | ▼ 8.2% |
| Operating profit (loss)9901 | -€19,561 | €20,193 | €8,770 | -€5,518 | -€10,401 | ▼ 88.5% |
| Financial income75/76B | €67 | €1 | €22 | €35 | €35 | ▲ 0.9% |
| Recurring financial income75 | €67 | €1 | €22 | €35 | €35 | ▲ 0.9% |
| Financial charges65/66B | €1,799 | €1,693 | €1,991 | €1,023 | €552 | ▼ 46.0% |
| Recurring financial charges65 | €1,799 | €1,693 | €1,991 | €1,023 | €552 | ▼ 46.0% |
| Profit (loss) for the period before taxes9903 | -€21,293 | €18,501 | €6,801 | -€6,506 | -€10,918 | ▼ 67.8% |
| Income taxes67/77 | €201 | €597 | €8 | €191 | €56 | ▼ 70.8% |
| Profit (loss) for the period9904 | -€21,493 | €17,905 | €6,793 | -€6,697 | -€10,974 | ▼ 63.9% |
| Profit (loss) for the period to be appropriated9905 | -€21,493 | €17,905 | €6,793 | -€6,697 | -€10,974 | ▼ 63.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €253,770 | €223,100 | €192,630 | €172,725 | €136,224 | ▼ 21.1% |
| Fixed assets21/28 | €233,318 | €204,357 | €174,857 | €160,756 | €127,198 | ▼ 20.9% |
| Tangible fixed assets22/27 | €231,750 | €202,789 | €173,289 | €159,188 | €125,630 | ▼ 21.1% |
| Plant, machinery and equipment23 | €172,793 | €152,452 | €132,111 | €133,845 | €108,628 | ▼ 18.8% |
| Furniture and vehicles24 | €31,276 | €27,064 | €21,445 | €9,150 | €4,349 | ▼ 52.5% |
| Other tangible fixed assets26 | €27,681 | €23,273 | €19,733 | €16,193 | €12,653 | ▼ 21.9% |
| Financial fixed assets28 | €1,568 | €1,568 | €1,568 | €1,568 | €1,568 | = |
| Current assets29/58 | €20,452 | €18,743 | €17,772 | €11,969 | €9,025 | ▼ 24.6% |
| Stocks and contracts in progress3 | €2,315 | €1,985 | €1,933 | €2,122 | €2,017 | ▼ 5.0% |
| Stocks30/36 | €2,315 | €1,985 | €1,933 | €2,122 | €2,017 | ▼ 5.0% |
| Amounts receivable within one year40/41 | €9,252 | €11,532 | €6,818 | €477 | €644 | ▲ 35.0% |
| Trade receivables40 | €7,977 | €10,256 | €6,563 | €477 | - | - |
| Other amounts receivable41 | €1,276 | €1,276 | €255 | - | €644 | - |
| Cash at bank and in hand54/58 | €8,884 | €5,226 | €8,909 | €8,714 | €5,417 | ▼ 37.8% |
| Deferred charges and accrued income490/1 | - | - | €112 | €655 | €947 | ▲ 44.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €253,770 | €223,100 | €192,630 | €172,725 | €136,224 | ▼ 21.1% |
| Equity10/15 | €57,120 | €75,025 | €81,817 | €75,120 | €64,146 | ▼ 14.6% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €5,000 | €5,000 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €15,405 | €15,405 | = |
| Non-distributable reserves130/1 | €1,855 | €1,855 | €1,855 | - | - | - |
| Reserves not available under the articles1311 | €1,855 | €1,855 | €1,855 | - | - | - |
| Distributable reserves133 | - | - | - | €15,405 | €15,405 | = |
| Profit (loss) carried forward14 | €36,715 | €54,620 | €61,412 | €54,715 | €43,741 | ▼ 20.1% |
| Amounts payable17/49 | €196,650 | €148,075 | €110,812 | €97,605 | €72,077 | ▼ 26.2% |
| Amounts payable after more than one year17 | €126,928 | €91,817 | €55,707 | €19,457 | - | - |
| Financial debts170/4 | €126,928 | €91,817 | €55,707 | €19,457 | - | - |
| Amounts payable within one year42/48 | €68,033 | €56,259 | €55,105 | €78,148 | €71,550 | ▼ 8.4% |
| Current portion of amounts payable after more than one year42 | €36,410 | €35,970 | €36,110 | €36,250 | €19,457 | ▼ 46.3% |
| Trade debts44 | €4,419 | €8,211 | €6,343 | €3,998 | €6,848 | ▲ 71.3% |
| Suppliers440/4 | €4,419 | €8,211 | €6,343 | €3,998 | €6,848 | ▲ 71.3% |
| Taxes, remuneration and social security45 | €4,491 | €3,105 | €2,105 | €1,668 | €1,295 | ▼ 22.3% |
| Taxes450/3 | €4,491 | €3,105 | €2,105 | €1,668 | €1,295 | ▼ 22.3% |
| Other amounts payable47/48 | €22,713 | €8,973 | €10,547 | €36,232 | €43,949 | ▲ 21.3% |
| Accrued charges and deferred income492/3 | €1,689 | - | - | - | €528 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,493 | €17,905 | €6,793 | -€6,697 | -€10,974 | ▼ 63.9% |
| + Depreciation and write-downs630 | €17,908 | €30,084 | €29,500 | €31,079 | €33,558 | ▲ 8.0% |
| Operating cash flow (approximation) | -€3,585 | €47,989 | €36,292 | €24,382 | €22,584 | ▼ 7.4% |
| Investment in fixed assets (approximation) | - | -€1,123 | €0 | -€16,978 | €0 | ▲ 100% |
| Change in cash | - | -€3,658 | €3,683 | -€194 | -€3,298 | ▼ 1,596% |
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
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
27-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
30-09
Financial
Back to profitnet €17,905
Net result €17,905 after one loss-making year.
08-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
30-09
Financial
Weakest financial yearnet -€21,493
Net result drops to -€21,493, the lowest in the series; recovery starts the following year.
04-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
30-09
Financial
Highest result since 2018net €40,137 ▲15.3%
Operating result €52,559, net result €40,137, both a record.
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Ardooie · 2 establishment units since 2016
Ground area
1,398 m²
Building footprint
397 m²
Volume, LiDAR
1,865 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
phi-NiX
since 20162.253.832.117
@ The Yumm’
since 20212.314.327.156
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001B0087/00S000 | Flanders | 1,180 m² | 1 · 301 m² | 9.3 m · 1 fl. |
| 37005B0293/00S000 | Flanders | 218 m² | 1 · 96 m² | 9.4 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteArdooie2.314.327.156
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,772. 11,136 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
Founded06-06-2016
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
56112Limited-service restaurants, excluding mobile food services
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.