Financials
- Fiscal year
- 2024
- Total assets
- €1.1m
- Profit
- €6,239
- Solvency
- 27.8%
Total assets▼ 0.2%
Net result
20182024
PHIL-INC
ActiveSummary
The computed 12-month bankruptcy probability of PHIL-INC is 2.8% (moderate). The 2024 annual accounts show equity of €295,449 and a net result of €6,239. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 49% of 18932 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Food and beverage service activities
NACE 56309NACE 74142
2 sites
Size
€1.1mtotal assets 2024
- Equity
- €295,449
- Profit
- €6,239
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 10 deeds read
Why 52- Figures for FY 2024 (filed 20-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 79 days late; 2 of the last 3 late- Sector Food and beverage service activities (NACE 56)+ Founded in 2005Show the evidence
Checked score
Score 2024
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 50% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
53+1
equity 27.8% of total assets
Liquidity
54-46
short-term debt 10.8% · cash 3.7%
Profitability
69=
return on assets 0.6%
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 16 months
07-2025: 2.9%
08-2025: 3.7%▲ +27.6% vs 07-2025
09-2025: 4.2%▲ +13.5% vs 08-2025
10-2025: 5.0%▲ +19.9% vs 09-2025highest value
11-2025: 1.1%▼ -77.7% vs 10-2025
12-2025: 1.1%● 0.0% vs 11-2025
01-2026: 1.1%▼ -0.5% vs 12-2025
02-2026: 1.1%▲ +1.2% vs 01-2026
03-2026: 1.1%▲ +2.2% vs 02-2026
04-2026: 1.1%▼ -3.8% vs 03-2026lowest value
05-2026: 1.1%▲ +3.9% vs 04-2026
06-2026: 1.2%▲ +3.1% vs 05-2026
07-2026: 1.3%▲ +12.3% vs 06-2026
08-2026: 2.0%▲ +47.8% vs 07-2026
09-2026: 2.3%▲ +15.3% vs 08-2026
10-2026: 2.8%▲ +23.4% vs 09-2026
- Figures for FY 2024 (filed 20-10-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 79 days late; 2 of the last 3 late raises the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
- Founded in 2005 lowers the probability for this profile
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 1.76 against 2.83 in 2023; short-term debt: 10.8% and cash: 3.7% of total assets), but 72.2% of the assets are financed with debt.
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 56, micro). Better than this share of them on solvency 48%, liquidity 57%, profitability 48%, growth against the median 45%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-10-2025, 79 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
79 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
13 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €6,239
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 15
- Since
- 2016
- 18-10-2025Annual accounts filed
- 31-12-2024Back to profit
- 30-08-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Food and beverage service activitiesNACE 56309
- Founded
- 20-10-2005
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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