Active BE 0758.841.490Private limited company

PHICON

Miksebaan 346 ·2930 Brasschaat, Belgium· 5 yrs active

Sector: Real estate activities (68121)

Conclusion Checked

The computed 12-month bankruptcy probability of PHICON is 0.5% (low). The 2025 annual accounts show equity of €3.82M and a net result of €66k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 94% of 512 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€3.82M
Net result	€66k
Better than sector	94%
Active	5 yrs

Snowflake analysis 5 axes · computed by Checked

73 / 100

Strong profile, led by solvency.

Health 83

Profitability 9

Solvency 100

Growth 78

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

0.5% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

More than 3 years active

Founded in 2020, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2025 · computed

83 / 100 Excellent

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 30-01-2026 with the NBB · fiscal year 2025 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	93.9%	15.4%	better than 94% of 512 sector peers
Net result	€66k	€6k	better than 73% of 512 sector peers
Equity	€3.82M	€137k	better than 91% of 512 sector peers
Gross operating margin	€44k	€77k	better than 41% of 511 sector peers
Employees (FTE)	0.0	0.0	better than 32% of 160 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€43k

- +243% vs sector

Net profit

€66k

-98.2% far above sector median

Cash flow

€76k

-98.0% far above sector median

Total assets

€4.07M

-16.5% far above sector median

Equity

€3.82M

-10.4% far above sector median

Working capital

€3.33M

-11.5% far above sector median

Employees (FTE)

0

- -100% vs sector

Income taxes

€32k

-92.2% far above sector median

Dividends

€508k

- 20-25

Debt

€248k

-59.3% +279% vs sector

Debt ≤ 1y

€248k

-59.3% +279% vs sector

Current ratio

14.44

+101.2% far above sector median

Quick ratio

14.44

+101.2% far above sector median

Solvency

93.9%

+7.3% +182% vs sector

Debt / equity

0.06

-54.6% -98% vs sector

ROE

1.7%

-98.0% far above sector median

ROA

1.6%

-97.9% far above sector median

Interest coverage

82.63

- +71% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Revenue	-
EBITDA	€43k
Net profit	€66k
Cash flow	€76k
Staff costs	-
Income taxes	€32k
Dividends	€508k
Total assets	€4.07M
Equity	€3.82M
Debt	€248k
of which ≤ 1y	€248k
of which > 1y	-
Working capital	€3.33M
Employees (FTE)	0.0

Ratios (computed)

	2025
Current ratio	14.44
Quick ratio	14.44
Working capital ratio	81.7%
Solvency	93.9%
Debt / equity	0.06
Long-term debt ratio	-
Interest coverage	82.63
Gross margin	-
Net margin	-
ROA	1.6%
ROE	1.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €497k · 12.2% Current assets €3.57M · 87.8%

Equity & liabilities

Equity €3.82M · 93.9% Debt €248k · 6.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€4.07M
Fixed assets	21/28	€497k
Tangible fixed assets	22/27	€2k
Financial fixed assets	28	€495k
Current assets	29/58	€3.57M
Amounts receivable within one year	40/41	€7k
Investments	50/53	€2.52M
Cash & bank	54/58	€56k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€4.07M
Equity	10/15	€3.82M
Contributions / capital	10/11	€2k
Reserves	13	€3.82M
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€248k
Amounts payable within one year	42/48	€248k
Trade debts payable within one year	44	€109k
Income statement
Gross operating margin	9900	€44k
Operating result	9901	€33k
Financial income	75	€66k
Financial charges	65	€515
Result before taxes	9903	€98k
Income taxes	67/77	€32k
Net result for the period	9904	€66k
Result to be appropriated	9905	€66k

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Ratios computed by Checked.

Legal Structure

NACE primary	Real estate activities(68121)
Legal form	Private limited company(610)
Incorporation	27-11-2020
Status	Active
Postal code	2930

Establishment units 1 location

PHICON

Miksebaan 346, 2930 BrasschaatProjectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken

since 20202.310.305.319

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11322C0194/00H000	Flanders	294 m²	1 · 294 m²	8.7 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

30-01-2026