PHILYRA EQUUS
ActivePHILYRA EQUUS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-10.41M) and a net result of €-5.40M. Equity is shrinking by ~49.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 1736 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-6
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.53 in 2024; short-term debt: 493.8% and cash: 0.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Ten 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 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
-393.8%
Return on assets
-204.1%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-10.41M
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 27-07-2026, 4 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
4 d early
2024
9 d early
2023
37 d early
2022
38 d early
2021
37 d early
2020
40 d early
2019
46 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-10.41M▼ 108%
2024 · €-5.02M
2018: €5.02M
2019: €4.31M
2020: €3.67M
2021: €1.18M
2022: €-116k
2023: €-4.25M
2024: €-5.02M
2018 → 2025
Total assets
€2.64M▼ 64.7%
2024 · €7.49M
2018: €5.82M
2019: €5.73M
2020: €7.14M
2021: €10.35M
2022: €9.66M
2023: €6.70M
2024: €7.49M
2018 → 2025
Net result
€-5.40M▼ 600%
2024 · €-771k
2018: €-650k
2019: €-709k
2020: €-645k
2021: €-2.49M
2022: €-1.29M
2023: €-4.13M
2024: €-771k
2018 → 2025
Working capital
€-11.08M▼ 88.0%
2024 · €-5.90M
2018: €4.61M
2019: €3.98M
2020: €3.41M
2021: €1.02M
2022: €-207k
2023: €-4.33M
2024: €-5.90M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.18M-€-116k€-4.25M▼ 3,569%€-5.02M▼ 18.1%€-10.41M▼ 108%
Operating result€-2.49M-€-1.29M▲ 48.1%€-4.13M▼ 220%€-970k▲ 76.5%€-5.38M▼ 455%
Net result€-2.49M-€-1.29M▲ 48.1%€-4.13M▼ 220%€-771k▲ 81.4%€-5.40M▼ 600%
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 stays negative: a loss of €5.38M in 2025 against €970k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.64M
Fixed assets
€668k▼ 23.8%
Current assets
€1.98M▼ 70.1%
Key figures and ratios
EBITDA
€-5.20M▼
2024 · €-904k
Cash flow
€-5.21M▼
2024 · €-705k
Solvency
-393.8%▼
2024 · -67.0%
Current ratio
0.15▼
2024 · 0.53
Quick ratio
0.02▲
2024 · 0.02
Debt / equity
-1.25▲
2024 · -2.49
ROA
-204.1%▼
2024 · -10.3%
Interest coverage
-17057.90▼
2024 · -6825.51
Debt
€13.06M▲
2024 · €12.51M
Debt ≤ 1 year
€13.06M▲
2024 · €12.51M
Income taxes
€32k
Staff costs
€100k▼
2024 · €148k
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€7.49M€2.64M▼
Fixed assets21/28€877k€668k▼
Tangible fixed assets22/27€871k€660k▼
Plant, machinery and equipment23€50k€13k▼
Furniture and vehicles24€821k€647k▼
Financial fixed assets28€6k€8k▲
Current assets29/58€6.61M€1.98M▼
Stocks and contracts in progress3€6.37M€1.68M▼
Stocks30/36€6.37M€1.68M▼
Amounts receivable within one year40/41€222k€249k▲
Trade receivables40€57k€45k▼
Other amounts receivable41€165k€204k▲
Cash at bank and in hand54/58€18k€21k▲
Deferred charges and accrued income490/1€419€24k▲
Equity and liabilities
Total equity and liabilities10/49€7.49M€2.64M▼
Equity10/15€-5.02M€-10.41M▼
Contributions10/11€5.67M€5.67M=
Capital10€5.67M€5.67M=
Issued capital100€5.67M€5.67M=
Profit (loss) carried forward14€-10.69M€-16.08M▼
Amounts payable17/49€12.51M€13.06M▲
Amounts payable within one year42/48€12.51M€13.06M▲
Trade debts44€108k€72k▼
Suppliers440/4€108k€72k▼
Taxes, remuneration and social security45€22k€20k▼
Remuneration and social security454/9€22k€20k▼
Other amounts payable47/48€12.38M€12.97M▲
Income statement
Code20242025
Remuneration, social security and pensions62€148k€100k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€182k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4.95M
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-754k€-145k▲
Operating profit (loss)9901€-970k€-5.38M▼
Financial income75/76B€200k€35k▼
Recurring financial income75€200k€10▼
Non-recurring financial income76B€200k€35k▼
Financial charges65/66B€133€15k▲
Recurring financial charges65€133€305▲
Non-recurring financial charges66B-€14k
Profit (loss) for the period before taxes9903€-771k€-5.36M▼
Income taxes67/77-€32k
Profit (loss) for the period9904€-771k€-5.40M▼
Profit (loss) for the period to be appropriated9905€-771k€-5.40M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10.69M€-16.08M▼
Profit (loss) brought forward from the previous period14P€-9.92M€-10.69M▼
The notes to these accounts (9 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-5.40M
Net result drops to €-5.40M, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Lasne · 2 establishment units since 2018
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.
Chaussée de Louvain 4351380 LasneGround area
1.0 ha
Building footprint
1,571 m²
Volume, LiDAR
8,788 m³
2 parcels, Wallonia · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Philyra Equus
since 20182.275.537.450
Tienne de la Petite Bilande 140, 1300 Wavre
since 20252.376.216.126
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076F0005/00L002 | Wallonia | 8,821 m² | 1 · 1,080 m² | 7.7 m · 1 fl. |
| 25112A0035/00P000 | Wallonia | 1,479 m² | 1 · 491 m² | 10.9 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.
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Of 1,957 companies in sector 01430 we hold annual accounts for 743. 360 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-05-2018
Fiscal year end31-12
Activities, NACEBEL
01430Raising of horses and other equines
93127Equestrian clubs
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.