PHIBO MANAGEMENT
ActiveSummary
PHIBO MANAGEMENT has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€38,011) and a net result of -€35,706. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 7859 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability24▼-4
Solvency19▼-6
Growth32=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.07 in 2024; short-term debt: 88.9% and cash: 0% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-5.9%
Return on assets
-5.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€38,011
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 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 · 4 filingsDeviation from the deadline
2025
46 d late
2024
378 d late
2023
86 d late
2022
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 126 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 6 October (3 of the last 4 filed years within 72 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€38,011▼ 1,549%
2024 · -€2,305
Total assets
€642,829▲ 5.5%
2024 · €609,089
Net result
-€35,706▼ 54.8%
2024 · -€23,070
Working capital
-€543,907▼ 46.3%
2024 · -€371,830
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€20,907-€13,843▼ 33.8%€2,125▼ 84.6%-€18,626
Net result€15,809within the sector's middle half-€957within the sector's middle half▼ 93.9%-€23,070below the sector's middle half-€35,706below the sector's middle half▼ 54.8%
Equity€19,809within the sector's middle half-€20,766within the sector's middle half▲ 4.8%-€2,305below the sector's middle half-€38,011below the sector's middle half▼ 1,549%
Total assets€41,873below the sector's middle half-€606,339above the sector's middle half▲ 1,348%€609,089above the sector's middle half▲ 0.5%€642,829above the sector's middle half▲ 5.5%
Debt€22,065-€585,574▲ 2,554%€611,394▲ 4.4%€680,840▲ 11.4%
Working capital€19,809within the sector's middle half--€247,375below the sector's middle half-€371,830below the sector's middle half▼ 50.3%-€543,907below the sector's middle half▼ 46.3%
Solvency47.3%within the sector's middle half-3.4%below the sector's middle half▼ 43.9pp-0.4%below the sector's middle half▼ 3.8pp-5.9%below the sector's middle half▼ 5.5pp
Current ratio1.90within the sector's middle half-0.10below the sector's middle half▼ 1.800.07below the sector's middle half▼ 0.030.05below the sector's middle half▼ 0.02
Return on assets (ROA)37.8%above the sector's middle half-0.2%below the sector's middle half▼ 37.6pp-3.8%below the sector's middle half▼ 3.9pp-5.6%below the sector's middle half▼ 1.8pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18,626 after €2,125 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €642,829
Fixed assets
€615,001 ▲ 5.6%
Current assets
€27,828 ▲ 4.7%
Key figures and ratios
Debt to equity
-17.91
Debt ≤ 1 year
€571,735▲
2024 · €398,420
Debt > 1 year
€109,105▼
2024 · €212,974
Income taxes
€56▼
2024 · €160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €342 | - | - | - | - |
| Other operating charges640/8 | €1,546 | €318 | €2,444 | €7,271 | ▲ 198% |
| Gross operating margin9900 | €22,795 | €14,161 | €4,569 | -€11,354 | ▼ 348% |
| Operating profit (loss)9901 | €20,907 | €13,843 | €2,125 | -€18,626 | ▼ 976% |
| Financial income75/76B | €303 | - | - | €1 | - |
| Recurring financial income75 | €303 | - | - | €1 | - |
| Financial charges65/66B | €1,122 | €11,408 | €25,036 | €17,026 | ▼ 32.0% |
| Recurring financial charges65 | €1,122 | €11,408 | €25,036 | €17,026 | ▼ 32.0% |
| Profit (loss) for the period before taxes9903 | €20,089 | €2,435 | -€22,910 | -€35,650 | ▼ 55.6% |
| Income taxes67/77 | €4,280 | €1,478 | €160 | €56 | ▼ 64.9% |
| Profit (loss) for the period9904 | €15,809 | €957 | -€23,070 | -€35,706 | ▼ 54.8% |
| Profit (loss) for the period to be appropriated9905 | €15,809 | €957 | -€23,070 | -€35,706 | ▼ 54.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €41,873 | €606,339 | €609,089 | €642,829 | ▲ 5.5% |
| Fixed assets21/28 | - | €580,000 | €582,500 | €615,001 | ▲ 5.6% |
| Financial fixed assets28 | - | €580,000 | €582,500 | €615,001 | ▲ 5.6% |
| Current assets29/58 | €41,873 | €26,339 | €26,589 | €27,828 | ▲ 4.7% |
| Amounts receivable after more than one year29 | - | - | - | €16,354 | - |
| Other amounts receivable291 | - | - | - | €16,354 | - |
| Amounts receivable within one year40/41 | €38,045 | €26,268 | €26,467 | €11,474 | ▼ 56.6% |
| Trade receivables40 | €17,142 | €9,914 | €9,913 | €10,374 | ▲ 4.6% |
| Other amounts receivable41 | €20,904 | €16,354 | €16,554 | €1,100 | ▼ 93.4% |
| Cash at bank and in hand54/58 | €3,828 | €71 | €123 | €0 | ▼ 100% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €41,873 | €606,339 | €609,089 | €642,829 | ▲ 5.5% |
| Equity10/15 | €19,809 | €20,766 | -€2,305 | -€38,011 | ▼ 1,549% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Reserves13 | €15,809 | €16,766 | €0 | - | - |
| Distributable reserves133 | €15,809 | €16,766 | €0 | - | - |
| Profit (loss) carried forward14 | - | - | -€6,305 | -€42,011 | ▼ 566% |
| Amounts payable17/49 | €22,065 | €585,574 | €611,394 | €680,840 | ▲ 11.4% |
| Amounts payable after more than one year17 | - | €311,860 | €212,974 | €109,105 | ▼ 48.8% |
| Financial debts170/4 | - | €311,860 | €212,974 | €109,105 | ▼ 48.8% |
| Amounts payable within one year42/48 | €22,065 | €273,714 | €398,420 | €571,735 | ▲ 43.5% |
| Current portion of amounts payable after more than one year42 | - | €94,140 | €98,885 | €122,543 | ▲ 23.9% |
| Financial debts43 | - | €5,156 | €5,158 | €195 | ▼ 96.2% |
| Credit institutions430/8 | - | €5,156 | €5,158 | €195 | ▼ 96.2% |
| Trade debts44 | €658 | €5,663 | €9,389 | €16,676 | ▲ 77.6% |
| Suppliers440/4 | €658 | €5,663 | €9,389 | €16,676 | ▲ 77.6% |
| Advances received on contracts in progress46 | - | €380 | €0 | - | - |
| Taxes, remuneration and social security45 | €21,407 | €14,917 | €19,462 | €4,623 | ▼ 76.2% |
| Taxes450/3 | €12,550 | €14,917 | €19,462 | €4,623 | ▼ 76.2% |
| Remuneration and social security454/9 | €8,856 | - | - | - | - |
| Other amounts payable47/48 | - | €153,457 | €265,526 | €427,698 | ▲ 61.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,809 | €957 | -€23,070 | -€35,706 | ▼ 54.8% |
| Operating cash flow (approximation) | €15,809 | €957 | -€23,070 | -€35,706 | ▼ 54.8% |
| Investment in fixed assets (approximation) | - | - | -€2,500 | -€32,501 | ▼ 1,200% |
| Change in cash | - | -€3,757 | €52 | -€123 | ▼ 338% |
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
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 46 days late
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 378 days late
27-03
State Gazette act
Permanent representative: Bart HuybrechtsRegistered-office move · Power of attorney4 facts ▸
State Gazette act
Permanent representative: Bart Huybrechts
Registered-office move · Power of attorney4 facts ▸
- Board meeting, 05/03/2026
- Registered-office move, Driezenstraat 34, 2300 Turnhout
- Power of attorney, BV HB Accountants
- Permanent representative, Bart Huybrechts
2025
31-12
Financial
Weakest financial yearnet -€35,706
Net result drops to -€35,706, the lowest in the series.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 86 days late
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Turnhout · 1 establishment unit since 2021
Ground area
230 m²
Building footprint
100 m²
Volume, LiDAR
629 m³
Parcel 13453T0133/00Y002, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PHIBO MANAGEMENT
since 20212.321.421.816
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453T0133/00Y002 | Flanders | 230 m² | 1 · 100 m² | 11.0 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.
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 3
-
100%
-
50%
-
50%
According to the 2025 annual accounts of PHIBO MANAGEMENT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,517. 2,285 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
Founded01-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0770631346
Also
9925:BE0770631346
Registered
03-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.