Phifin
ActiveSummary
Phifin has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.0m and a net result of €13,423. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 62% of 8782 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▲+1
Solvency90▼-10
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280,000 at 30 days acceptable
short-term debt: 0% and cash: 0% of total assets, and 34.8% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
65.2%
Return on assets
0.2%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
30 d early
2023
51 d early
2022
17 d early
2021
23 d early
2020
16 d early
2019
18 d 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 25 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 8 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€4.0m▲ 0.3%
2024 · €4.0m
Total assets
€6.1m▲ 37.3%
2024 · €4.5m
Net result
€13,423
2024 · -€1,652
Working capital
€82,513▲ 24.8%
2024 · €66,090
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€355▲ 97.9%-€2,059▼ 480%-€647▲ 68.6%-€1,365▼ 111%€13,708
Net result-€753below the sector's middle half▲ 95.6%-€2,410below the sector's middle half▼ 220%-€952below the sector's middle half▲ 60.5%-€1,652below the sector's middle half▼ 73.7%€13,423within the sector's middle half
Equity€4.0mabove the sector's middle half=€4.0mabove the sector's middle half▼ 0.1%€4.0mabove the sector's middle half=€4.0mabove the sector's middle half=€4.0mabove the sector's middle half▲ 0.3%
Total assets€4.5mabove the sector's middle half=€4.5mabove the sector's middle half=€4.5mabove the sector's middle half=€4.5mabove the sector's middle half=€6.1mabove the sector's middle half▲ 37.3%
Debt€473,233=€474,496▲ 0.3%€475,523▲ 0.2%€478,145▲ 0.6%€2.1m▲ 345%
Working capital€68,651within the sector's middle half▼ 1.0%€66,202within the sector's middle half▼ 3.6%€66,090within the sector's middle half€82,513within the sector's middle half▲ 24.8%
Solvency89.4%above the sector's middle half=89.4%above the sector's middle half=89.3%above the sector's middle half=89.3%above the sector's middle half▼ 0.1pp65.2%within the sector's middle half▼ 24.0pp
Current ratio46.15above the sector's middle half26.18above the sector's middle half
Return on assets (ROA)0.0%below the sector's middle half▲ 0.4pp-0.1%below the sector's middle half=0.0%below the sector's middle half=0.0%below the sector's middle half=0.2%below the sector's middle half▲ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13,708 after a loss of €1,365 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.1m
Fixed assets
€6.0m ▲ 37.6%
Current assets
€82,513 ▲ 20.1%
Equity and liabilities €6.1m
Equity
€4.0m ▲ 0.3%
Debt
€2.1m ▲ 345%
Debt's share of the balance-sheet total rises from 10.7% to 34.8%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.53▲
2024 · 0.12
ROE
0.3%▲
2024 · 0.0%
Debt ≤ 1 year
€0▼
2024 · €2,625
Debt > 1 year
€2.1m▲
2024 · €475,497
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €967 | €1,016 | €1,010 | €1,066 | €1,097 | ▲ 2.9% |
| Gross operating margin9900 | €612 | -€1,043 | €363 | -€299 | €14,806 | ▲ 5,052% |
| Operating profit (loss)9901 | -€355 | -€2,059 | -€647 | -€1,365 | €13,708 | ▲ 1,104% |
| Financial charges65/66B | €398 | €351 | €304 | €287 | €285 | ▼ 0.7% |
| Recurring financial charges65 | €398 | €351 | €304 | €287 | €285 | ▼ 0.7% |
| Profit (loss) for the period before taxes9903 | -€753 | -€2,410 | -€952 | -€1,652 | €13,423 | ▲ 912% |
| Profit (loss) for the period9904 | -€753 | -€2,410 | -€952 | -€1,652 | €13,423 | ▲ 912% |
| Profit (loss) for the period to be appropriated9905 | -€753 | -€2,410 | -€952 | -€1,652 | €13,423 | ▲ 912% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.5m | €4.5m | €4.5m | €4.5m | €6.1m | ▲ 37.3% |
| Fixed assets21/28 | €4.4m | €4.4m | €4.4m | €4.4m | €6.0m | ▲ 37.6% |
| Financial fixed assets28 | €4.4m | €4.4m | €4.4m | €4.4m | €6.0m | ▲ 37.6% |
| Current assets29/58 | €68,816 | €67,669 | €67,744 | €68,715 | €82,513 | ▲ 20.1% |
| Amounts receivable within one year40/41 | €67,203 | €67,420 | €67,353 | €66,860 | €82,463 | ▲ 23.3% |
| Trade receivables40 | €12,100 | €12,100 | €12,100 | €12,100 | €30,250 | ▲ 150% |
| Other amounts receivable41 | €55,103 | €55,320 | €55,253 | €54,760 | €52,213 | ▼ 4.7% |
| Cash at bank and in hand54/58 | €1,613 | €248 | €391 | €1,854 | €50 | ▼ 97.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.5m | €4.5m | €4.5m | €4.5m | €6.1m | ▲ 37.3% |
| Equity10/15 | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | ▲ 0.3% |
| Contributions10/11 | €4.3m | €4.3m | €4.3m | €4.3m | €4.3m | = |
| Capital10 | €4.3m | €4.3m | €4.3m | €4.3m | €4.3m | = |
| Issued capital100 | €4.3m | €4.3m | €4.3m | €4.3m | €4.3m | = |
| Profit (loss) carried forward14 | -€315,035 | -€317,444 | -€318,396 | -€320,048 | -€306,625 | ▲ 4.2% |
| Amounts payable17/49 | €473,233 | €474,496 | €475,523 | €478,145 | €2.1m | ▲ 345% |
| Amounts payable after more than one year17 | €472,997 | €472,997 | €475,497 | €475,497 | €2.1m | ▲ 348% |
| Financial debts170/4 | €472,997 | €472,997 | €475,497 | €475,497 | €2.1m | ▲ 348% |
| Amounts payable within one year42/48 | €165 | €1,466 | - | €2,625 | €0 | ▼ 100% |
| Trade debts44 | €165 | €1,466 | - | €2,625 | €0 | ▼ 100% |
| Suppliers440/4 | €165 | €1,466 | - | €2,625 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €0 | €0 | - |
| Taxes450/3 | - | - | - | €0 | €0 | - |
| Accrued charges and deferred income492/3 | €72 | €33 | €26 | €24 | €24 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€753 | -€2,410 | -€952 | -€1,652 | €13,423 | ▲ 912% |
| Operating cash flow (approximation) | -€753 | -€2,410 | -€952 | -€1,652 | €13,423 | ▲ 912% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1.7m | - |
| Change in cash | - | -€1,364 | €142 | €1,463 | -€1,805 | ▼ 223% |
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
State Gazette act
Appointments: PHILING SA (director) and Estée ROGUET (director)Permanent representative: Marc Van Doornick4 facts ▸
State Gazette act
Appointments: PHILING SA (director) and Estée ROGUET (director)
Permanent representative: Marc Van Doornick4 facts ▸
- General meeting, 05-06-2026
- Director appointment, PHILING SA (director)
- Permanent representative, Marc Van Doornick (permanent representative)
- Director appointment, Estée ROGUET (director)
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €13,423
Net result €13,423 after 7 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 16current ratio 265.20
Current ratio from 16.54 to 265.20; short-term debt falls from €3,480 to €215.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
Board 2
Estée ROGUET
CurrentDirector · since 05-06-2026
Philing
CurrentDirector · since 05-06-2026 · Public limited company · perm. rep.: Marc Van Doornick
Permanent representatives 1
Marc Van Doornick
CurrentPermanent representative · since 05-06-2026 · for Philing
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Lasne · 1 establishment unit since 2011
Ground area
5,379 m²
Building footprint
503 m²
Volume, LiDAR
767 m³
2 parcels, Wallonia · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Chaussée de Louvain 431, 1380 Lasne
since 20112.202.987.289
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076F0006/00S005 | Wallonia | 3,200 m² | 1 · 156 m² | 12.8 m · 2 fl. |
| 25076F0005/00N002 | Wallonia | 2,179 m² | 1 · 347 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2026, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| Estée ROGUET |
|
| Philing |
|
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- Philing
- Phifin
Highest known parent: Philing. The sources do not say who stands above it.
Owners 1
- PhilingparentSourceaccounts Philing 2025100%
Holdings 1
-
14.81%
According to the 2025 annual accounts of Phifin 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
1 connected companyThe connected companies are in the list below.
This company
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Shareholding
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Linked via shared directors
TF CO
Shared corporate director
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Company details
Identification
Legal formPublic limited company
Founded14-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0837970528
Registered
27-03-2026
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.