PHIMA
PHIMA has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €439k and a net result of €-12k. Equity is shrinking by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 29% of 208 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €439k |
| Net result | €-12k |
| Better than sector | 29% |
| Active | 39 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.7% | 32.2% | |
| Net result | €-12k | €8k | |
| Equity | €439k | €503k | |
| Total assets | €6.55M | €2.42M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | full schema | full schema | full schema |
| Revenue | €69k | - | €227k |
| EBITDA | - | - | - |
| Net profit | €-12k | €-79k | €124k |
| Cash flow | - | - | - |
| Staff costs | - | - | - |
| Income taxes | - | - | €37k |
| Dividends | - | - | - |
| Total assets | €6.55M | €6.56M | €2.02M |
| Equity | €439k | €452k | €531k |
| Debt | €6.11M | €6.11M | €1.49M |
| of which ≤ 1y | €6.11M | €6.11M | €1.48M |
| of which > 1y | - | - | - |
| Working capital | €39k | €52k | €134k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 1.01 | 1.01 | 1.09 |
| Quick ratio | 0.97 | 0.96 | 0.91 |
| Working capital ratio | 0.6% | 0.8% | 6.6% |
| Solvency | 6.7% | 6.9% | 26.3% |
| Debt / equity | 13.90 | 13.52 | 2.80 |
| Long-term debt ratio | - | - | - |
| Interest coverage | - | - | - |
| Gross margin | 10.2% | - | -6.7% |
| Net margin | -18.0% | - | 54.8% |
| ROA | -0.2% | -1.2% | 6.2% |
| ROE | -2.8% | -17.4% | 23.5% |
| EBITDA margin | - | - | - |
| Days sales outstanding | 466d | - | 15d |
| Days payable outstanding | 547d | - | 3d |
| Inventory turnover | 0.30 | - | 0.89 |
| Days inventory (DSI) | 1226d | - | 409d |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €6.55M | €6.56M | €2.02M |
| Fixed assets | 21/28 | €400k | €400k | €400k |
| Financial fixed assets | 28 | €400k | €400k | €400k |
| Current assets | 29/58 | €6.15M | €6.16M | €1.62M |
| Stocks & contracts in progress | 3 | €209k | €271k | €271k |
| Amounts receivable within one year | 40/41 | €5.93M | €5.89M | €1.33M |
| Cash & bank | 54/58 | €7k | €2k | €11k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.55M | €6.56M | €2.02M |
| Equity | 10/15 | €439k | €452k | €531k |
| Contributions / capital | 10/11 | €100k | €100k | €100k |
| Reserves | 13 | €339k | €352k | €431k |
| Amounts payable | 17/49 | €6.11M | €6.11M | €1.49M |
| Amounts payable within one year | 42/48 | €6.11M | €6.11M | €1.48M |
| Trade debts payable within one year | 44 | €93k | €52k | €2k |
| Income statement | ||||
| Turnover | 70 | €69k | - | €227k |
| Operating result | 9901 | €-1k | €-56k | €21k |
| Financial income | 75 | €249k | €128k | €39k |
| Financial charges | 65 | €260k | €154k | €75k |
| Result before taxes | 9903 | €-12k | €-79k | €162k |
| Income taxes | 67/77 | - | - | €37k |
| Net result for the period | 9904 | €-12k | €-79k | €124k |
| Result to be appropriated | 9905 | €-12k | €-79k | €124k |
-
SRL ARDENNE ENGINEERINGLegal entityDirectorState Gazette act 25046061 (08-04-2025)Current08-04-2025 → present
-
DAOUST SophieMandataire spécialState Gazette act 23052585 (18-04-2023)Current18-04-2023 → present
3 events
- 18-04-2023 Appointed· Mandataire spécial
- 22-09-2017 Resigned· Director
- 23-03-2017 Appointed· Director
-
GUEBEL MichaëlMandataire spécialState Gazette act 23052585 (18-04-2023)Current18-04-2023 → present
-
MARTINELLI LucMandataire spécialState Gazette act 23052585 (18-04-2023)Current18-04-2023 → present
-
SRL L.A.R.DLegal entityDirectorState Gazette act 23037777 (16-03-2023)Current16-03-2023 → present
2 events
- 08-04-2025 Resigned· Director
- 16-03-2023 Appointed· Director
-
Fabien HEYNENCommissaire de la scprl heynen, nyssen & cieState Gazette act 21021116 (17-02-2021)Current17-02-2021 → present
Show 1 more sitting directors
-
LARAKI ThamiMandataire spécialState Gazette act 23052585 (18-04-2023)Current23-03-2017 → present
10 events
- 18-04-2023 Appointed· Mandataire spécial
- 16-03-2023 Appointed· Managing director
- 06-01-2023 Appointed· Managing director
- 17-02-2021 Appointed· Managing director
- 27-02-2018 Appointed· Director
- 27-02-2018 Appointed· Président du conseil d'administration
- 27-02-2018 Appointed· Administrateur délégué à la gestion journalière
- 22-09-2017 Appointed· Managing director
- 22-09-2017 Appointed· Chair
- 23-03-2017 Appointed· Managing director
Historic, not recently confirmed (1)
-
PIRARD PierreDirectorState Gazette act 18037932 (27-02-2018)Not recently confirmedlast confirmed in an act from 2018
4 events
- 26-09-2018 Resigned· Director
- 27-02-2018 Appointed· Director
- 22-09-2017 Appointed· Director
- 23-03-2017 Resigned· Director
Former directors (4)
-
Vincent DirixDirectorState Gazette act 23003908 (06-01-2023)Former26-09-2018 → 16-03-2023
4 events
- 16-03-2023 Resigned· Director
- 06-01-2023 Appointed· Director
- 17-02-2021 Appointed· Director
- 26-09-2018 Appointed· Director
-
Guy LEROYDirectorState Gazette act 16120534 (29-08-2016)Former29-08-2016 → 23-03-2017
2 events
- 23-03-2017 Resigned· Director
- 29-08-2016 Appointed· Director
-
Johan VANDEN DRIESSCHEDirectorState Gazette act 16120534 (29-08-2016)Former29-08-2016 → 23-03-2017
2 events
- 23-03-2017 Resigned· Director
- 29-08-2016 Appointed· Director
-
Philippe GILSONDirectorState Gazette act 16120534 (29-08-2016)Former29-08-2016 → 23-03-2017
2 events
- 23-03-2017 Resigned· Director
- 29-08-2016 Appointed· Director
| Fabien HEYNENCurrent Commissaire | 09-10-2023 → present |
Show 1 earlier auditors
| HEYNEN, NYSSEN & Cie Commissaire succeeded by Fabien HEYNEN in 2023 | 22-09-2017 → 09-10-2023 |
| NACE primary | Real estate agency activities(68310) |
| Legal form | Public limited company(014) |
| Incorporation | 27-11-1986 |
| Status | Active |
| Postal code | 4910 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63060D0133/00Z000 | Wallonia | 1,927 m² | 1 · 599 m² | - |
| 63060D0133/00A002 | Wallonia | 653 m² | 1 · 170 m² | 7.2 m · 2 fl. |
We know of 31 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
08-04-2025 1 director appointed, 1 resigning
- SRL ARDENNE ENGINEERING, Bestuurder
- SRL L.A.R.D., Bestuurder
Technical details
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}17-05-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
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}09-10-2023 Fabien HEYNEN appointed as commissaire
- Fabien HEYNEN, Commissaire
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}18-04-2023 4 directors appointed
- LARAKI Thami, Mandataire spécial
- GUEBEL Michaël, Mandataire spécial
- DAOUST Sophie, Mandataire spécial
- MARTINELLI Luc, Mandataire spécial
Technical details
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}16-03-2023 2 directors appointed, 1 resigning
- SRL L.A.R.D, Bestuurder
- Thami LARAKI, Gedelegeerd bestuurder
- Vincent DIRIX, Bestuurder
Technical details
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}06-01-2023 2 directors appointed
- Thami Laraki, Gedelegeerd bestuurder
- Vincent Dirix, Bestuurder
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}17-02-2021 3 directors appointed
- Thami LARAKI, Gedelegeerd bestuurder
- Vincent DIRIX, Bestuurder
- Fabien HEYNEN, Commissaire de la scprl heynen, nyssen & cie
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}06-11-2018 Change in the board of directors
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}26-09-2018 1 director appointed, 1 resigning
- Vincent DIRIX, Bestuurder
- Pierre PIRARD, Bestuurder
Technical details
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}14-08-2018 Registered office moved from POLLEUR-THEUX to THEUX
- rue Enkart 40 - 4910 POLLEUR-THEUX → rue Enkart 38 4910 THEUX (POLLEUR)
Technical details
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}27-02-2018 4 directors appointed
- LARAKI Thami, Bestuurder
- PIRARD Pierre, Bestuurder
- LARAKI Thami, Président du conseil d'administration
- LARAKI Thami, Administrateur délégué à la gestion journalière
Technical details
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}22-09-2017 4 directors appointed, 1 resigning
- Thami LARAKI, Gedelegeerd bestuurder
- Thami LARAKI, Voorzitter
- Pierre PIRARD, Bestuurder
- HEYNEN, NYSSEN & Cie, Commissaire
- Sophie DAOUST, Bestuurder
Technical details
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}09-06-2017 Change in the board of directors
Technical details
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}23-03-2017 2 directors appointed, 4 resigning
- Sophie DAOUST, Bestuurder
- Thami LARAKI, Gedelegeerd bestuurder
- Philippe GILSON, Bestuurder
- Guy LEROY, Bestuurder
- Pierre PIRARD, Bestuurder
- Johan VANDEN DRIESSCHE, Bestuurder
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}29-08-2016 3 directors appointed
- Philippe GILSON, Bestuurder
- Johan VANDEN DRIESSCHE, Bestuurder
- Guy LEROY, Bestuurder
Technical details
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}04-02-2016 Capital decrease of €483,659.73 to €538,862.22
- €1.022.521,95 → €538.862,22
- Inbreng in geld · Apport en numéraire
Technical details
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}13-08-2015 Capital decrease of €9,478.95 to €1,022,521.05
- €1.032.000 → €1.022.521,05
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}20-05-2015 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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}20-07-2010 Change in the board of directors
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}03-07-2007 Transaction in capital or shares
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}| Legal nameFR | PHIMA |