PHIBO INDUSTRIES
ActivePHIBO INDUSTRIES has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.59M and a net result of €324k. Equity is shrinking by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+8
Solvency72▲+6
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 3.69 against 2.97 in 2024; short-term debt: 25.3% and cash: 66.3% of total assets), but 53% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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 →
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
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
47%
Return on assets
9.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
5 d early
2023
1 d early
2022
32 d early
2021
3 d early
2020
52 d early
2019
9 d early
← before the deadline
after the deadline →
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
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.59M=
2024 · €1.59M
2018: €3.34M
2019: €3.70M
2020: €4.28M
2021: €4.53M
2022: €4.74M
2023: €1.59M
2024: €1.59M
2018 → 2025
Total assets
€3.39M▼ 12.8%
2024 · €3.88M
2018: €3.57M
2019: €4.47M
2020: €4.61M
2021: €4.86M
2022: €5.41M
2023: €4.51M
2024: €3.88M
2018 → 2025
Net result
€324k▲ 89.6%
2024 · €171k
2018: €193k
2019: €358k
2020: €578k
2021: €255k
2022: €213k
2023: €342k
2024: €171k
2018 → 2025
Working capital
€2.31M▼ 2.6%
2024 · €2.37M
2018: €3.19M
2019: €3.43M
2020: €3.95M
2021: €4.17M
2022: €4.44M
2023: €2.62M
2024: €2.37M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.53M-€4.74M▲ 4.7%€1.59M▼ 66.5%€1.59M=€1.59M=
Operating result€335k-€303k▼ 9.4%€446k▲ 47.1%€198k▼ 55.7%€395k▲ 99.5%
Net result€255k-€213k▼ 16.4%€342k▲ 60.0%€171k▼ 50.1%€324k▲ 89.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 100% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.39M
Fixed assets
€220k▼ 28.4%
Current assets
€3.17M▼ 11.4%
Equity and liabilities €3.39M
Equity
€1.59M=
Debt
€1.80M▼ 21.6%
The debt ratio falls from 59.0% to 53.0%. Debt is lower.
Key figures and ratios
EBITDA
€489k▲
2024 · €256k
Cash flow
€418k▲
2024 · €229k
Solvency
47.0%▲
2024 · 41.0%
Current ratio
3.69▲
2024 · 2.97
Quick ratio
3.27▲
2024 · 2.67
Debt / equity
1.13▼
2024 · 1.44
ROE
20.3%▲
2024 · 10.7%
ROA
9.6%▲
2024 · 4.4%
Interest coverage
15.86▲
2024 · 5.85
Debt
€1.80M▼
2024 · €2.29M
Debt ≤ 1 year
€858k▼
2024 · €1.20M
Debt > 1 year
€938k▼
2024 · €1.09M
Income taxes
€111k▲
2024 · €72k
Staff costs
€291k▼
2024 · €311k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.88M€3.39M▼
Fixed assets21/28€307k€220k▼
Intangible fixed assets21€158k€83k▼
Tangible fixed assets22/27€148k€136k▼
Land and buildings22€87k€86k▼
Plant, machinery and equipment23€32k€27k▼
Furniture and vehicles24€29k€23k▼
Financial fixed assets28€669€669=
Current assets29/58€3.57M€3.17M▼
Stocks and contracts in progress3€364k€356k▼
Stocks30/36€364k€356k▼
Amounts receivable within one year40/41€261k€450k▲
Trade receivables40€206k€397k▲
Other amounts receivable41€55k€53k▼
Current investments50/53€97k€106k▲
Cash at bank and in hand54/58€2.83M€2.24M▼
Deferred charges and accrued income490/1€25k€10k▼
Equity and liabilities
Total equity and liabilities10/49€3.88M€3.39M▼
Equity10/15€1.59M€1.59M=
Contributions10/11€19k€19k=
Reserves13€1.57M€1.57M=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.57M€1.57M=
Profit (loss) carried forward14€0€0=
Investment grants15€2k€2k=
Amounts payable17/49€2.29M€1.80M▼
Amounts payable after more than one year17€1.09M€938k▼
Financial debts170/4€1.09M€938k▼
Amounts payable within one year42/48€1.20M€858k▼
Current portion of amounts payable after more than one year42€150k€150k=
Trade debts44€425k€323k▼
Suppliers440/4€425k€323k▼
Advances received on contracts in progress46€102k€7k▼
Taxes, remuneration and social security45€66k€55k▼
Taxes450/3€7k€13k▲
Remuneration and social security454/9€59k€42k▼
Other amounts payable47/48€462k€324k▼
Income statement
Code20242025
Non-recurring operating income76A-€400
Remuneration, social security and pensions62€311k€291k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€94k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-2k€0▲
Other operating charges640/8€16k€16k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€582k€796k▲
Operating profit (loss)9901€198k€395k▲
Financial income75/76B€88k€71k▼
Recurring financial income75€88k€71k▼
Non-recurring financial income76B€0-
Financial charges65/66B€44k€31k▼
Recurring financial charges65€44k€31k▼
Profit (loss) for the period before taxes9903€242k€435k▲
Income taxes67/77€72k€111k▲
Profit (loss) for the period9904€171k€324k▲
Profit (loss) for the period to be appropriated9905€171k€324k▲
Appropriation of the result
Profit (loss) to be appropriated9906€171k€324k▲
Transfer from equity791/2€0-
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€171k€324k▲
Return on contributions (dividend)694€171k€324k▲
Social balance
Average headcount (FTE)90874.54.4▼
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €171k ▼50.1%
Net result drops to €171k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Highest result since 2018net €578k ▲61.3%
Operating result €850k, net result €578k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 12.74
Current ratio from 5.43 to 12.74; short-term debt falls from €774k to €337k.
21-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Ronse · 1 establishment unit since 1992
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.
Nieuwe Pontstraat 239600 RonseGround area
4,047 m²
Building footprint
1,356 m²
Volume, LiDAR
8,727 m³
Parcel 45422D1011/00G000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nieuwe Pontstraat 23, 9600 Ronse
since 19922.055.843.041
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45422D1011/00G000 | Flanders | 4,047 m² | 1 · 1,356 m² | 7.3 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 2025 · 13 entries · 460,672 EUR awarded · 371,791 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 6 | -7,936 EUR | 7,564 EUR |
| 2024 | 3 | 437,881 EUR | 358,500 EUR |
| 2023 | 2 | 28,000 EUR | 3,000 EUR |
| 2022 | 2 | 2,727 EUR | 2,727 EUR |
Schemes
Ontwikkelingsproject
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,554 companies in sector 71121 we hold annual accounts for 6,557. 2,702 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-1991
Fiscal year end30-09
Activities, NACEBEL
46649Wholesale of other machinery and equipment
51872
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.