PHIBIO
ActiveSummary
PHIBIO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.13M and a net result of €187k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 72% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48▼-30
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 7.93 against 6.47 in 2024; short-term debt: 7% and cash: 0.1% of total assets), and 23.5% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
76.5%
Return on assets
3.5%
Age of the figures
9 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
18 d early
2024
3 d early
2023
on the day
2022
51 d late
2021
26 d early
2020
24 d early
2019
23 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, micro schema
Turnover
€1.03M▲ 89.7%
2020 · €543k
2019: €318klowest in 3 years
2020: €543k▲ +70.6% vs 2019
2021: €1.03M▲ +89.7% vs 2020highest in 3 years
2019 → 2021
EBIT margin
68.0%▲ 29.6pp
2020 · 38.4%
2019: -16.3%lowest in 3 years
2020: 38.4%▲ +336% vs 2019
2021: 68.0%▲ +77.1% vs 2020highest in 3 years
2019 → 2021
Net result
€187k▼ 50.0%
2024 · €375k
2018: €9k
2019: €-77k▼ -931% vs 2018lowest in 8 years
2020: €156k▲ +303% vs 2019
2021: €506k▲ +224% vs 2020highest in 8 years
2022: €360k▼ -28.9% vs 2021
2023: €241k▼ -33.1% vs 2022
2024: €375k▲ +55.7% vs 2023
2025: €187k▼ -50.0% vs 2024
2018 → 2025
Working capital
€2.61M▲ 15.6%
2024 · €2.26M
2018: €23k
2019: €-56k▼ -342% vs 2018lowest in 8 years
2020: €300k▲ +634% vs 2019
2021: €563k▲ +87.8% vs 2020
2022: €943k▲ +67.4% vs 2021
2023: €1.79M▲ +89.6% vs 2022
2024: €2.26M▲ +26.2% vs 2023
2025: €2.61M▲ +15.6% 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€1.03M-
Equity€2.97M-€3.33M▲ 12.1%€3.57M▲ 7.2%€3.94M▲ 10.5%€4.13M▲ 4.6%
2021: €2.97Mlowest in 5 years
2022: €3.33M▲ +12.1% vs 2021
2023: €3.57M▲ +7.2% vs 2022
2024: €3.94M▲ +10.5% vs 2023
2025: €4.13M▲ +4.6% vs 2024highest in 5 years
Operating result€700k-€437k▼ 37.6%€297k▼ 31.9%€482k▲ 62.1%€205k▼ 57.5%
2021: €700khighest in 5 years
2022: €437k▼ -37.6% vs 2021
2023: €297k▼ -31.9% vs 2022
2024: €482k▲ +62.1% vs 2023
2025: €205k▼ -57.5% vs 2024lowest in 5 years
Net result€506k-€360k▼ 28.9%€241k▼ 33.1%€375k▲ 55.7%€187k▼ 50.0%
2021: €506khighest in 5 years
2022: €360k▼ -28.9% vs 2021
2023: €241k▼ -33.1% vs 2022
2024: €375k▲ +55.7% vs 2023
2025: €187k▼ -50.0% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.39M
Fixed assets
€2.41M ▲ 0.1%
Current assets
€2.98M ▲ 11.9%
Equity and liabilities €5.39M
Equity
€4.13M ▲ 4.6%
Debt
€1.27M ▲ 12.4%
Debt's share of the balance-sheet total rises from 22.2% to 23.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€210k▼
2024 · €487k
Cash flow
€192k▼
2024 · €380k
Current ratio
7.93▲
2024 · 6.47
Debt to equity
0.31▲
2024 · 0.29
ROE
4.5%▼
2024 · 9.5%
ROA
3.5%▼
2024 · 7.4%
Interest coverage
2.97▼
2024 · 7.19
Debt ≤ 1 year
€376k▼
2024 · €412k
Debt > 1 year
€890k▲
2024 · €714k
Income taxes
€110k▼
2024 · €161k
Staff costs
€26k▲
2024 · €6k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.07M€5.39M▲
Fixed assets21/28€2.40M€2.41M▲
Tangible fixed assets22/27€23k€25k▲
Furniture and vehicles24€23k€19k▼
Other tangible fixed assets26-€6k
Financial fixed assets28€2.38M€2.38M▲
Current assets29/58€2.67M€2.98M▲
Amounts receivable after more than one year29€1.11M€1.52M▲
Other amounts receivable291€1.11M€1.52M▲
Amounts receivable within one year40/41€1.30M€1.35M▲
Trade receivables40€103k-
Other amounts receivable41€1.19M€1.35M▲
Cash at bank and in hand54/58€39k€3k▼
Deferred charges and accrued income490/1€221k€110k▼
Equity and liabilities
Total equity and liabilities10/49€5.07M€5.39M▲
Equity10/15€3.94M€4.13M▲
Contributions10/11€2.39M€2.39M=
Profit (loss) carried forward14€1.56M€1.74M▲
Amounts payable17/49€1.13M€1.27M▲
Amounts payable after more than one year17€714k€890k▲
Financial debts170/4€714k€890k▲
Amounts payable within one year42/48€412k€376k▼
Current portion of amounts payable after more than one year42€164k€68k▼
Financial debts43€6k€166k▲
Credit institutions430/8€6k€166k▲
Trade debts44€17k€14k▼
Suppliers440/4€17k€14k▼
Taxes, remuneration and social security45€223k€129k▼
Taxes450/3€202k€110k▼
Remuneration and social security454/9€21k€18k▼
Other amounts payable47/48€2k-
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€6k€26k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€-2k€-743▲
Gross operating margin9900€493k€237k▼
Operating profit (loss)9901€482k€205k▼
Financial income75/76B€121k€163k▲
Recurring financial income75€121k€163k▲
Financial charges65/66B€68k€71k▲
Recurring financial charges65€68k€71k▲
Profit (loss) for the period before taxes9903€535k€297k▼
Income taxes67/77€161k€110k▼
Profit (loss) for the period9904€375k€187k▼
Profit (loss) for the period to be appropriated9905€375k€187k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.56M€1.74M▲
Profit (loss) brought forward from the previous period14P€1.19M€1.55M▲
The notes to these accounts (8 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €1.03M | - | - | - | - | - |
| Non-recurring operating income76A | €197k | - | - | - | €2k | - |
| Goods, raw materials, services and sundry goods60/61 | €418k | - | - | - | - | - |
| Remuneration, social security and pensions62 | €97k | €53k | €130k | €6k | €26k | ▲ 326% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €10k | €8k | €5k | €5k | ▲ 2.0% |
| Other operating charges640/8 | €1k | €3k | €12k | €2k | €2k | ▼ 4.1% |
| Non-recurring operating charges66A | - | - | €2k | €-2k | €-743 | ▲ 69.0% |
| Gross operating margin9900 | €805k | €502k | €450k | €493k | €237k | ▼ 51.8% |
| Operating profit (loss)9901 | €700k | €437k | €297k | €482k | €205k | ▼ 57.5% |
| Financial income75/76B | €358 | €72k | €75k | €121k | €163k | ▲ 34.8% |
| Recurring financial income75 | €358 | €72k | €75k | €121k | €163k | ▲ 34.8% |
| Financial charges65/66B | €4k | €5k | €31k | €68k | €71k | ▲ 4.3% |
| Recurring financial charges65 | €4k | €5k | €31k | €68k | €71k | ▲ 4.3% |
| Profit (loss) for the period before taxes9903 | €696k | €503k | €341k | €535k | €297k | ▼ 44.5% |
| Income taxes67/77 | €190k | €144k | €100k | €161k | €110k | ▼ 31.6% |
| Profit (loss) for the period9904 | €506k | €360k | €241k | €375k | €187k | ▼ 50.0% |
| Profit (loss) for the period to be appropriated9905 | €506k | €360k | €241k | €375k | €187k | ▼ 50.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.25M | €3.71M | €4.56M | €5.07M | €5.39M | ▲ 6.3% |
| Fixed assets21/28 | €2.41M | €2.40M | €2.39M | €2.40M | €2.41M | ▲ 0.1% |
| Tangible fixed assets22/27 | €29k | €19k | €11k | €23k | €25k | ▲ 10.3% |
| Furniture and vehicles24 | €29k | €19k | €11k | €23k | €19k | ▼ 17.2% |
| Other tangible fixed assets26 | - | - | - | - | €6k | - |
| Financial fixed assets28 | €2.38M | €2.38M | €2.38M | €2.38M | €2.38M | ▲ 0.1% |
| Current assets29/58 | €846k | €1.31M | €2.17M | €2.67M | €2.98M | ▲ 11.9% |
| Amounts receivable after more than one year29 | - | €1.11M | €1.11M | €1.11M | €1.52M | ▲ 37.0% |
| Other amounts receivable291 | - | €1.11M | €1.11M | €1.11M | €1.52M | ▲ 37.0% |
| Stocks and contracts in progress3 | €17k | €18k | - | - | - | - |
| Stocks30/36 | €17k | €18k | - | - | - | - |
| Amounts receivable within one year40/41 | €814k | €109k | €915k | €1.30M | €1.35M | ▲ 4.1% |
| Trade receivables40 | €796k | €105k | €126k | €103k | - | - |
| Other amounts receivable41 | €18k | €4k | €789k | €1.19M | €1.35M | ▲ 13.0% |
| Cash at bank and in hand54/58 | €12k | €224 | €3k | €39k | €3k | ▼ 92.6% |
| Deferred charges and accrued income490/1 | €3k | €69k | €140k | €221k | €110k | ▼ 50.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.25M | €3.71M | €4.56M | €5.07M | €5.39M | ▲ 6.3% |
| Equity10/15 | €2.97M | €3.33M | €3.57M | €3.94M | €4.13M | ▲ 4.6% |
| Contributions10/11 | €2.38M | €2.39M | €2.39M | €2.39M | €2.39M | = |
| Reserves13 | €9k | - | - | - | - | - |
| Non-distributable reserves130/1 | €9k | - | - | - | - | - |
| Reserves not available under the articles1311 | €9k | - | - | - | - | - |
| Profit (loss) carried forward14 | €585k | €944k | €1.19M | €1.56M | €1.74M | ▲ 11.6% |
| Amounts payable17/49 | €283k | €377k | €989k | €1.13M | €1.27M | ▲ 12.4% |
| Amounts payable after more than one year17 | - | €13k | €609k | €714k | €890k | ▲ 24.6% |
| Financial debts170/4 | - | €13k | €609k | €714k | €890k | ▲ 24.6% |
| Amounts payable within one year42/48 | €283k | €364k | €380k | €412k | €376k | ▼ 8.8% |
| Current portion of amounts payable after more than one year42 | - | - | €93k | €164k | €68k | ▼ 58.5% |
| Financial debts43 | €2k | €80k | €5k | €6k | €166k | ▲ 2,848% |
| Credit institutions430/8 | €2k | €80k | €5k | €6k | €166k | ▲ 2,848% |
| Trade debts44 | €753 | €35k | €82k | €17k | €14k | ▼ 20.3% |
| Suppliers440/4 | €753 | €35k | €82k | €17k | €14k | ▼ 20.3% |
| Taxes, remuneration and social security45 | €264k | €245k | €199k | €223k | €129k | ▼ 42.4% |
| Taxes450/3 | €239k | €236k | €134k | €202k | €110k | ▼ 45.6% |
| Remuneration and social security454/9 | €25k | €9k | €65k | €21k | €18k | ▼ 11.9% |
| Other amounts payable47/48 | €16k | €3k | €1k | €2k | - | - |
| Accrued charges and deferred income492/3 | €150 | €94 | €190 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €506k | €360k | €241k | €375k | €187k | ▼ 50.0% |
| + Depreciation and write-downs630 | €7k | €10k | €8k | €5k | €5k | ▲ 2.0% |
| Operating cash flow (approximation) | €513k | €369k | €249k | €380k | €192k | ▼ 49.3% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €-17k | €-9k | ▲ 48.3% |
| Change in cash | - | €-12k | €2k | €37k | €-36k | ▼ 199% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €506k ▲224%
Operating result €700k, net result €506k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €156k
Net result €156k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-77k
Net result drops to €-77k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2018
Ground area
4,310 m²
Building footprint
692 m²
Volume, LiDAR
12,598 m³
Parcel 21013B0040/00C021, Brussels · tallest building 28.8 m, ±8 floors. Linked by address, not a title deed.
104
companies at this address
See who is registered here
1 establishment unit
PHIBIO
since 20182.272.956.062
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0040/00C021 | Brussels | 4,310 m² | 1 · 692 m² | 28.8 m · 8 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 12,845 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
Founded30-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.