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PHIDECO

Active
Private limited companyfounded 2014active for 12 yearsRue Elisabeth(VEZ) 2/C, 7538 Tournai, BelgiumKBO/BCE: BE 0554.831.981
Summary

PHIDECO has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72,938 and a net result of €7,581. Equity is growing by about 9.2% per year across the filed financial years. Its solvency ranks better than 72% of 34,678 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
PHIDECOActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€109,568total assets 2025
Equity
€72,938
Profit
€7,581
Turnover not published (micro format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts filed 14 days late1 of 2 deeds read
Why 92raises riskSector: Specialised construction activities (NACE 43)Size: total assets €109,568lowers riskLiquidity: current ratio 4.09, cash €17,635Founded in 2014Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 92-8
equity 66.6% of total assets
Liquidity 70-27
short-term debt 10.4% · cash 16.1%
Profitability 77+77
return on assets 6.9%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)
Last 24 months 11-2024: 1.4% 12-2024: 1.2%▼ -0.2 percentage points vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.1 percentage points vs 06-2025 08-2025: 1.7%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.4%▼ -1.3 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.3%▼ -0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.2%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.09, compared with 5.58 in 2024, above the usual 1.5; short-term debt: 10.4% and cash: 16.1% of total assets), and 33.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 72% on solvency, 68% on liquidity, 54% on profitability and 57% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.09, cash €17,635
NBB · annual accounts
lowers risk · Founded in 2014
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: total assets €109,568
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
14 days late
2024
14 days late
2023
18 days late
2022
30 days late
2021
31 days late
2020
31 days late
2019
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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. The company usually files around 19 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €7,581
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • One director decidessole director in office 1 View
  • Total assets 20256 financial years filed €109,568 View
  • Active since 2014founded 27-06-2014 12 years View

By topic

Financials

Financial year
2025
Total assets
€109,568
Profit
€7,581
Solvency
66.6%
Total assets▲ 47.8%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2016
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 18-08-2024Annual accounts filed
  3. 12-04-2024Resignation: DECOURT Philippe (manager)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
27-06-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
27
Purpose
“L’achat,la vente,l’installation,la pose et le placement de tous types de cuisines…” (deed in French)
Go to Articles of association

Key facts about PHIDECO

What is the company number of PHIDECO?
0554.831.981. In Belgium the VAT number is the company number with BE in front: BE 0554.831.981.
Where is PHIDECO based?
The registered office is at Rue Elisabeth(VEZ) 2/C, 7538 Tournai.Company details
What does PHIDECO do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of PHIDECO?
Private limited company (BV).
When was PHIDECO founded?
On 27-06-2014.
Is PHIDECO still active?
Yes, PHIDECO is an active enterprise in the KBO register.
How many employees does PHIDECO have?
On average 0.7 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of PHIDECO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is PHIDECO profitable?
In financial year 2025, PHIDECO made a profit of €7,581.
Where can I find the annual accounts of PHIDECO?
PHIDECO filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PHIDECO due?
By 31-07-2027, for financial year 2026.Timeline

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