PHI8
ActiveSummary
PHI8 has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139,109 and a net result of €46,590. Its solvency ranks better than 82% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-03-2023 Normal situation
- Activity
- Computer programming NACE 62100and 2 others
- Establishment unit
- 2.344.683.406 5503 Dinant, since 22-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 25-06-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €67,432
- ▼ 40.4%
- Turnover
- ≈ €160,000
- estimated
- Profit
- €46,590
- ▼ 46.2%
- Equity
- €139,109
- ▲ 50.4%
- Total assets
- €163,089
- ▲ 32.0%
Score breakdownlowers riskLiquidity: current ratio 6.01, cash €109,981Sector: Computer programming, consultancy and related activities (NACE 62)Equity €139,109 (85.3% of total assets)Size: total assets €163,089Show the evidence
Checked score
Score 2025
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 84% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 85.3% of total assets
Liquidity
97+6
short-term debt 14.7% · cash 67.4%
Profitability
100=
return on assets 28.6%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.6%▲ +0.1 percentage points vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025highest value
05-2025: 0.6%● unchanged vs 04-2025highest value
06-2025: 0.6%● unchanged vs 05-2025
07-2025: < 0.1%▼ -0.6 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.01 (3.88 in 2024), above the usual 1.5. Short-term debt is 14.7% and cash 67.4% of total assets. 14.7% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 88% on liquidity, 82% on profitability and 79% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskneutral
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 24-06-2026, 37 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
37 days early
2024
35 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 36 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 24-06-2026 at the NBB all 2 filings
Turnover
≈ €160,000
Estimated: probably between €130,000 and €200,000
Total assets
€163,089▲ 32.0%
2024 · €123,596
Net result
€46,590▼ 46.2%
2024 · €86,520
Working capital
€120,192▲ 34.3%
2024 · €89,464
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€58,949
▼ 46.7%
2025
20242025
Net result
€46,590
▼ 46.2%
2025
middle half of the sector
20242025
Equity
€139,109
▲ 50.4%
2025
middle half of the sector
20242025
Total assets
€163,089
▲ 32.0%
2025
middle half of the sector
20242025
Debt
€23,980
▼ 22.8%
2025
20242025
Working capital
€120,192
▲ 34.3%
2025
highest quarter of the sector
20242025
Solvency
85.3%
▲ 10.4pp
2025
highest quarter of the sector
20242025
Current ratio
6.01
▲ 2.13
2025
highest quarter of the sector
20242025
Return on assets (ROA)
28.6%
▼ 41.4pp
2025
middle half of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€110,574-€58,949▼ 46.7%
Net result€86,520above the sector's middle half-€46,590within the sector's middle half▼ 46.2%
Equity€92,520within the sector's middle half-€139,109within the sector's middle half▲ 50.4%
Total assets€123,596within the sector's middle half-€163,089within the sector's middle half▲ 32.0%
Debt€31,076-€23,980▼ 22.8%
Working capital€89,464within the sector's middle half-€120,192above the sector's middle half▲ 34.3%
Solvency74.9%within the sector's middle half-85.3%above the sector's middle half▲ 10.4pp
Current ratio3.88within the sector's middle half-6.01above the sector's middle half▲ 2.13
Return on assets (ROA)70.0%above the sector's middle half-28.6%within the sector's middle half▼ 41.4pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 47% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163,089
Fixed assets
€18,917 ▲ 519%
Current assets
€144,172 ▲ 19.6%
Equity and liabilities €163,089
Equity
€139,109 ▲ 50.4%
Debt
€23,980 ▼ 22.8%
Debt's share of the balance-sheet total falls from 25.1% to 14.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65,926▼
2024 · €112,379
Cash flow
€53,567▼
2024 · €88,324
Debt to equity
0.17▼
2024 · 0.34
ROE
33.5%▼
2024 · 93.5%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€23,980▼
2024 · €31,076
Income taxes
€12,122▼
2024 · €23,017
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €4,807 | €22,838 |
| Financial fixed assets | €54 | - |
| Depreciation and write-downs of the year | €1,805 | €6,977 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,805 | €6,977 | ▲ 287% |
| Other operating charges640/8 | €772 | €1,506 | ▲ 95.1% |
| Gross operating margin9900 | €113,150 | €67,432 | ▼ 40.4% |
| Operating profit (loss)9901 | €110,574 | €58,949 | ▼ 46.7% |
| Financial income75/76B | €2 | - | - |
| Recurring financial income75 | €2 | - | - |
| Financial charges65/66B | €1,040 | €237 | ▼ 77.2% |
| Recurring financial charges65 | €1,040 | €237 | ▼ 77.2% |
| Profit (loss) for the period before taxes9903 | €109,536 | €58,712 | ▼ 46.4% |
| Income taxes67/77 | €23,017 | €12,122 | ▼ 47.3% |
| Profit (loss) for the period9904 | €86,520 | €46,590 | ▼ 46.2% |
| Profit (loss) for the period to be appropriated9905 | €86,520 | €46,590 | ▼ 46.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €123,596 | €163,089 | ▲ 32.0% |
| Fixed assets21/28 | €3,056 | €18,917 | ▲ 519% |
| Tangible fixed assets22/27 | €3,002 | €18,863 | ▲ 528% |
| Furniture and vehicles24 | €1,279 | €17,343 | ▲ 14× |
| Other tangible fixed assets26 | €1,723 | €1,520 | ▼ 11.8% |
| Financial fixed assets28 | €54 | €54 | = |
| Current assets29/58 | €120,540 | €144,172 | ▲ 19.6% |
| Amounts receivable within one year40/41 | €9,600 | €32,055 | ▲ 234% |
| Trade receivables40 | €9,600 | €32,055 | ▲ 234% |
| Cash at bank and in hand54/58 | €110,504 | €109,981 | ▼ 0.5% |
| Deferred charges and accrued income490/1 | €436 | €2,136 | ▲ 390% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €123,596 | €163,089 | ▲ 32.0% |
| Equity10/15 | €92,520 | €139,109 | ▲ 50.4% |
| Contributions10/11 | €6,000 | €6,000 | = |
| Reserves13 | €600 | €600 | = |
| Non-distributable reserves130/1 | €600 | €600 | = |
| Reserves not available under the articles1311 | €600 | €600 | = |
| Profit (loss) carried forward14 | €85,920 | €132,509 | ▲ 54.2% |
| Amounts payable17/49 | €31,076 | €23,980 | ▼ 22.8% |
| Amounts payable within one year42/48 | €31,076 | €23,980 | ▼ 22.8% |
| Trade debts44 | €137 | €2,669 | ▲ 20× |
| Suppliers440/4 | €137 | €2,669 | ▲ 20× |
| Taxes, remuneration and social security45 | €30,391 | €20,763 | ▼ 31.7% |
| Taxes450/3 | €30,391 | €20,763 | ▼ 31.7% |
| Other amounts payable47/48 | €548 | €548 | = |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €86,520 | €46,590 | ▼ 46.2% |
| + Depreciation and write-downs630 | €1,805 | €6,977 | ▲ 287% |
| Operating cash flow (approximation) | €88,324 | €53,567 | ▼ 39.4% |
| Investment in fixed assets (approximation) | - | -€22,838 | - |
| Change in cash | - | -€522 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as PHI8 has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PHI8 itself is lower: < 0.1% within 12 months. It rests on far more data about PHI8 than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for PHI8. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Directors
2 directors, no change since 2026
CHARLIER Etienne Willy Paul
Current
Director (not named in the articles) · appointed in the act of 24-03-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 24-06-2026
Hainal Tavaszi
Current
Director · appointed in the act of 14-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 24-03-2023Owners and capital
Shareholders
Stated in the act
act of 14-08-2026 ↗
- Etienne Charlier 98 shares
- Hainal Tavaszi 2 shares
Share transfer
act of 14-08-2026 ↗
- to Hainal Tavaszi 2 shares
At incorporation
act of 24-03-2023 ↗
- CHARLIER Etienne Willy Paul 100 shares (100%) · €6,000 in cash
Capital transactions
Capital over time
Act of 14-08-2026Transfer of 2 sharesAppointment: Hainal Tavaszi (director) · Shareholding
- 24-03-2023 Incorporation · €6,000 · 100 shares
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| CHARLIER Etienne Willy Paul |
|
| Hainal Tavaszi |
|
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 24-03-2023 (in French)
Network & group
PHI8 shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of PHI8. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
14-08
Gazette deed
Transfer of 2 sharesAppointment: Hainal Tavaszi (director) · Shareholding8 points ▸
Gazette deed
Transfer of 2 shares
Appointment: Hainal Tavaszi (director) · Shareholding8 points ▸
- General meeting, 13-03-2026
- Share transfer, Hainal Tavaszi
- Etienne Charlier holds 98 shares
- Hainal Tavaszi holds 2 shares
- Director appointment, Hainal Tavaszi (director)
- Director in office, Etienne Charlier (director)
- Other provision, “se mettre en rapport avec l'UCM afin que toutes les démarches administratives soient réalisées rapidement, démarches administratives” (deed in French)
- Other provision, “frais à supporter, répercutés, à prix coûtant, en frais & débours sur la prochaine facture de prestations à émettre” (deed in French)
24-06
micro format · 37 days before the deadline
2025
31-12
Financial
Equity above €100,000equity €139,109 ▲50.4%
With a profit in every financial year since 2024, equity grows to €139,109.
26-06
micro format · 35 days before the deadline
2023
24-03
Gazette deed
IncorporationStarting capital €6,000 · Appointment: CHARLIER Etienne Willy Paul (director) · Founder12 points ▸
Gazette deed
Incorporation
Starting capital €6,000 · Appointment: CHARLIER Etienne Willy Paul (director) · Founder12 points ▸
- Incorporation, 22-03-2023
- Founder, CHARLIER Etienne Willy Paul
- Other provision, “plan financier, fondateur” (deed in French)
- Founding capital, €6,000
- Other provision, “responsabilité des fondateurs en cas de faillite, faillite dans les trois ans de la constitution” (deed in French)
- Bank account, “BE89 1030 8387 7685, compte spécial ouvert au nom de la société en formation” (deed in French)
- Registered office clause, “5503 Sorinnes (Dinant),Grand-Route de Ciney 49B” (deed in French)
- Other provision, “à ce jour, site internet et adresse électronique” (deed in French)
- Board rule, 1
- Director appointment, CHARLIER Etienne Willy Paul (director (not named in the articles))
- Pre-incorporation commitments, “takeover, engagements nom société en formation et activités depuis 2023-03-01” (deed in French)
- Other provision, “guichet d’entreprise” (deed in French)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
PHI8 in French
Enterprise number
0799.819.636
Legal form
Private limited company
Status
Active, normale toestand
Founded
22-03-2023
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-03-2023 (in French)Name clauseThe company operates under this name according to its articles.
PHI8
deed of 24-03-2023 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne, transfert en tout endroit de la Région de Bruxelles-Capitale ou de la région de langue française de Belgique par simple…”
deed of 24-03-2023 (in French)Registered office and establishments
Registered office
Grand-Route-de-Ciney 49B, 5503 Dinant, Belgium
Establishment unit
PHI8, Grand-Route-de-Ciney 49B, 5503 Dinant since 22-03-2023 · unit number 2.344.683.406
E-mail
etienne@phi8.be
Phone
+32476432102
Activities
NACEBEL 202562100
Computer programming main activity
77210
Renting and leasing of sports and recreation goods
82300
Organisation of conventions and trade shows
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
77210
Renting and leasing of sports and recreation goods
82300
Organisation of conventions and trade shows
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 24-03-2023 (in French)
“Développement de logiciels informatiques; Réparations de matériel informatique; Réparations de matériel électronique; Administration et…”
21 activities
- Développement de logiciels informatiques
- Réparations de matériel informatique
- Réparations de matériel électronique
- Administration et maintenance informatiques de réseaux informatiques
- Administration et maintenance informatiques d’infrastructures infonuagiques (Cloud)
- Création,gestion et administration de sites web pour le compte de clients
- Développement de solutions électroniques sur mesure
- Consultance dans les domaines techniques,informatiques et électroniques
- Location de matériel informatique,audiovisuel ou de spectacle
- Organisation d'évènements
- Missions de consultance,de gestion,de développement,de création,d'invention,d'installation,de maintenance et d'entretien dans les domaines de compétence repris ci-avant
- La création et le développement de licences ou de brevets dans les secteurs de l'électronique,de l'informatique,de la logistique,de l'audiovisuel
- La création ou la gestion de sociétés ayant attrait direct ou indirect aux activités décrites ci-dessus
- Le contrôle direct ou indirect pour son propre compte ou pour celui de tiers (physique ou moral),de personnel qualifie dans les techniques décrites ci-dessus ou d'autres sociétés sous-traitantes étant appelées a exercer en sous-traitance
- L'achat et la vente,le commerce de gros ou de détail,l'importation ou l'exportation d'équipement,de licence ou de développement ayant un attrait direct ou indirect a l'activité principale décrite ci-dessus
- Toute activité dans le domaine de télécommunication,de traitement d’information et de transmission tels que l’exploitation d’un copycenter,des cabines téléphoniques,cybercafé,Internet,photocopies
- La représentation,l’activité d’intermédiaire dans le commerce,la promotion du commerce international en général
- La programmation informatique
- Le conseil en matière d’informatique
- La gestion d’installations informatiques
- La formation en matière informatique
Invoicing and payment
VAT number
BE 0799.819.636
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Thursday of June at 20:00
deed of 24-03-2023 (in French)Sites & property
Location
Buildings and parcels at the address
Ground area
615 m²
Building footprint
74 m²
Building volume
517 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 91122D0193/00D010 | Wallonia | 615 m² | 1 · 74 m² | 8.9 m · 2 |