PHIL SPORT
ActivePHIL SPORT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-58k) and a net result of €1k. Equity is shrinking by ~35.8% per year across the filed fiscal years. Its solvency ranks better than 10% of 11206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
11
/ 100
Critical▼ -4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency34▼-1
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 0.59 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-74.3%
Return on assets
1.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 11206 sector peers (2025).
NBB · sector comparisonPosition among 11206 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 6 filingsDeviation from the deadline
2025
24 d late
2024
2 d early
2023
59 d late
2022
53 d early
2021
31 d early
2020
36 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-58k▲ 2.1%
2024 · €-59k
2020: €2k
2021: €-23k
2022: €-20k
2023: €-44k
2024: €-59k
2020 → 2025
Total assets
€78k▼ 19.7%
2024 · €97k
2020: €112k
2021: €89k
2022: €90k
2023: €95k
2024: €97k
2020 → 2025
Net result
€1k
2024 · €-15k
2020: €637
2021: €-25k
2022: €3k
2023: €-24k
2024: €-15k
2020 → 2025
Working capital
€-61k▲ 5.7%
2024 · €-65k
2020: €-8k
2021: €-31k
2022: €-24k
2023: €-46k
2024: €-65k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-23k-€-20k▲ 12.2%€-44k▼ 118%€-59k▼ 34.0%€-58k▲ 2.1%
Operating result€-25k-€4k€-23k€-9k▲ 62.9%€5k
Net result€-25k-€3k€-24k€-15k▲ 37.2%€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €9k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78k
Fixed assets
€4k▼ 22.8%
Current assets
€74k▼ 19.5%
Key figures and ratios
EBITDA
€8k▲
2024 · €-5k
Cash flow
€4k▲
2024 · €-11k
Solvency
-74.3%▼
2024 · -60.9%
Current ratio
0.55▼
2024 · 0.59
Quick ratio
0.17▼
2024 · 0.26
Debt / equity
-2.35▲
2024 · -2.64
ROE
-2.2%▼
2024 · 25.4%
ROA
1.7%▲
2024 · -15.5%
Interest coverage
2.13▲
2024 · -0.73
Debt
€136k▼
2024 · €156k
Debt ≤ 1 year
€135k▼
2024 · €156k
Income taxes
€207▲
2024 · €134
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€97k€78k▼
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€2k€399▼
Furniture and vehicles24€4k€4k▼
Current assets29/58€91k€74k▼
Stocks and contracts in progress3€51k€51k▲
Stocks30/36€51k€51k▲
Amounts receivable within one year40/41€32k€16k▼
Trade receivables40€28k€13k▼
Other amounts receivable41€4k€4k=
Cash at bank and in hand54/58€8k€6k▼
Deferred charges and accrued income490/1€1k€43▼
Equity and liabilities
Total equity and liabilities10/49€97k€78k▼
Equity10/15€-59k€-58k▲
Contributions10/11€500€500=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-62k€-61k▲
Amounts payable17/49€156k€136k▼
Amounts payable within one year42/48€156k€135k▼
Current portion of amounts payable after more than one year42€4k-
Trade debts44€32k€29k▼
Suppliers440/4€32k€29k▼
Taxes, remuneration and social security45€27k€31k▲
Taxes450/3€134€375▲
Remuneration and social security454/9€27k€31k▲
Other amounts payable47/48€93k€74k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-3k€9k▲
Operating profit (loss)9901€-9k€5k▲
Financial income75/76B€10€5▼
Recurring financial income75€10€5▼
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€-15k€1k▲
Income taxes67/77€134€207▲
Profit (loss) for the period9904€-15k€1k▲
Profit (loss) for the period to be appropriated9905€-15k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-62k€-61k▲
Profit (loss) brought forward from the previous period14P€-47k€-62k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-25k ▼4068%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ninove · 2 establishment units since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stenebrug 439402 NinoveGround area
4,258 m²
Building footprint
1,143 m²
Volume, LiDAR
6,309 m³
2 parcels, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
PS Wear
since 20132.217.698.528
PS Wear
since 20172.261.391.385
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41038A0559/00W000 | Flanders | 3,314 m² | 1 · 953 m² | 8.0 m · 2 fl. |
| 41038A0222/00K000 | Flanders | 944 m² | 1 · 190 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LEDSWER
BE 0787.549.235
Elsene · Eq €2k
JAMILHOIR
BE 0786.295.856
Mons · Eq €2k
ETOILE
BE 0771.946.586
Knokke-Heist · Eq €2k
HOLLY IRIS
BE 0833.561.283
Brussel · Eq €2k
TEX & CO
BE 0479.252.650
Antwerpen · Eq €2k
Of 1,274 companies in sector 46160 we hold annual accounts for 685. 163 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2013
Fiscal year end31-12
Activities, NACEBEL
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
47120Other non-specialised retail sale
47910Retail trade
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@pswear.be
Phone:0476/26.99.85