PHIE

The computed 12-month bankruptcy probability of PHIE is 2.1% (moderate). The annual accounts of PHIE for financial year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €22,365 and a net result of -€23,428. Equity is shrinking by about 33% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 32% of 22,595 sector peers (NACE 47, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.