Financials
- Fiscal year
- 2025
- Total assets
- €355,509
- Loss
- -€36,615
- Solvency
- -6.1%
Phil Brands
ActiveSummary
The computed 12-month bankruptcy probability of Phil Brands is 5.5% (elevated). The 2025 annual accounts show negative equity (-€21,615) and a net result of -€36,615. Its solvency ranks better than 19% of 1770 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of food products
NACE 10830
2 sites
Size
€355,509total assets 2025
- Equity
- -€21,615
- Loss
- -€36,615
Turnover not published (abridged schema)
Structure
Accounts 57 d early0 of 1 deed read
Why 35- Sector Manufacture of food products (NACE 10)- 1 change of registered office in 24 months- Founded in 2024+ Figures for FY 2025 (filed 04-03-2026)Show the evidence
Checked score
Score 2025
35
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 24% of its sector peers (NACE 10, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
19
equity -6.1% of total assets
Liquidity
47
short-term debt 29.6% · cash 7.1%
Profitability
6
return on assets -10.3%
Bankruptcy probability, 12 months
5.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 4.1%lowest value
03-2025: 4.1%● 0.0% vs 02-2025lowest value
04-2025: 4.2%▲ +4.1% vs 03-2025
05-2025: 4.6%▲ +7.9% vs 04-2025
06-2025: 4.8%▲ +3.7% vs 05-2025
07-2025: 5.2%▲ +9.4% vs 06-2025
08-2025: 5.2%● 0.0% vs 07-2025
09-2025: 5.7%▲ +9.0% vs 08-2025
10-2025: 5.5%▼ -3.2% vs 09-2025
11-2025: 5.4%▼ -1.0% vs 10-2025
12-2025: 9.0%▲ +66.2% vs 11-2025
01-2026: 9.1%▲ +1.1% vs 12-2025highest value
02-2026: 9.1%● 0.0% vs 01-2026highest value
03-2026: 9.1%● 0.0% vs 02-2026highest value
04-2026: 5.6%▼ -38.6% vs 03-2026
05-2026: 5.6%● 0.0% vs 04-2026
06-2026: 5.6%● 0.0% vs 05-2026
07-2026: 5.6%● 0.0% vs 06-2026
08-2026: 5.6%● 0.0% vs 07-2026
09-2026: 5.6%▼ -0.7% vs 08-2026
10-2026: 5.5%▼ -0.5% vs 09-2026
- Sector Manufacture of food products (NACE 10) raises the probability
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2025 (filed 04-03-2026) lowers the probability
- Founded in 2024 raises the probability for this profile
No credit on open account
Liquidity short (current ratio 0.32; short-term debt: 29.6% and cash: 7.1% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 10, micro). Better than this share of them on solvency 16%, liquidity 41%, profitability 14%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-03-2026, 57 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
57 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
- 04-03-2026Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Manufacture of food productsNACE 10830
- Founded
- 23-01-2024
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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