PHIMAAI
ActivePHIMAAI has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72k and a net result of €21k. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+6
Solvency64▼-5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.66 in 2024; short-term debt: 61.4% and cash: 9.2% of total assets), but 61.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.6%
Return on assets
11.3%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €72k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-03-2026, 46 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
46 d late
2024
on the day
2023
5 d early
2022
on the day
2021
24 d late
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€72k▲ 20.4%
2024 · €60k
2019: €90k
2020: €79k
2021: €87k
2022: €47k
2023: €50k
2024: €60k
2019 → 2025
Total assets
€186k▲ 36.3%
2024 · €136k
2019: €105k
2020: €95k
2021: €93k
2022: €109k
2023: €112k
2024: €136k
2019 → 2025
Net result
€21k▲ 125%
2024 · €9k
2019: €4k
2020: €-12k
2021: €9k
2022: €12k
2023: €9k
2024: €9k
2019 → 2025
Working capital
€65k▲ 29.8%
2024 · €50k
2019: €19k
2020: €73k
2021: €70k
2022: €30k
2023: €38k
2024: €50k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€47k▼ 46.1%€50k▲ 7.3%€60k▲ 18.4%€72k▲ 20.4%
Operating result€10k-€19k▲ 88.4%€16k▼ 18.0%€12k▼ 21.4%€30k▲ 142%
Net result€9k-€12k▲ 41.8%€9k▼ 27.1%€9k▲ 4.3%€21k▲ 125%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 142% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €186k
Fixed assets
€6k▼ 30.6%
Current assets
€180k▲ 41.2%
Equity and liabilities €186k
Equity
€72k▲ 20.4%
Debt
€114k▲ 48.7%
The debt ratio rises from 56.3% to 61.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▲
2024 · €16k
Cash flow
€24k▲
2024 · €13k
Solvency
38.6%▼
2024 · 43.7%
Current ratio
1.57▼
2024 · 1.66
Quick ratio
1.57▼
2024 · 1.66
Debt / equity
1.59▲
2024 · 1.29
ROE
29.2%▲
2024 · 15.6%
ROA
11.3%▲
2024 · 6.8%
Interest coverage
188.02▲
2024 · 121.62
Debt
€114k▲
2024 · €77k
Debt ≤ 1 year
€114k▲
2024 · €77k
Income taxes
€9k▲
2024 · €4k
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€136k€186k▲
Fixed assets21/28€9k€6k▼
Tangible fixed assets22/27€9k€6k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€127k€180k▲
Amounts receivable within one year40/41€14k€52k▲
Trade receivables40€10k€48k▲
Other amounts receivable41€4k€3k▼
Current investments50/53€75k€110k▲
Cash at bank and in hand54/58€37k€17k▼
Deferred charges and accrued income490/1€747€811▲
Equity and liabilities
Total equity and liabilities10/49€136k€186k▲
Equity10/15€60k€72k▲
Contributions10/11€6k€6k=
Reserves13€65k€66k▲
Tax-exempt reserves132€325€325=
Distributable reserves133€64k€65k▲
Profit (loss) carried forward14€-11k€0▲
Amounts payable17/49€77k€114k▲
Amounts payable within one year42/48€77k€114k▲
Trade debts44€2k€35k▲
Suppliers440/4€2k€35k▲
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€75k€78k▲
Income statement
Code20242025
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€242€809▲
Gross operating margin9900€18k€33k▲
Operating profit (loss)9901€12k€30k▲
Financial income75/76B€2k€552▼
Recurring financial income75€2k€552▼
Financial charges65/66B€128€173▲
Recurring financial charges65€128€173▲
Profit (loss) for the period before taxes9903€14k€30k▲
Income taxes67/77€4k€9k▲
Profit (loss) for the period9904€9k€21k▲
Profit (loss) for the period to be appropriated9905€9k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€10k▲
Profit (loss) brought forward from the previous period14P€-11k€-11k=
Transfer from equity791/2-€7k
Transfer to equity691/2€9k€10k▲
To other reserves6921€9k€10k▲
Profit to be distributed694/7-€7k
Return on contributions (dividend)694-€7k
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
18-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 46 days late
2025
30-06
Financial
Highest result since 2019net €21k ▲125%
Operating result €30k, net result €21k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
30-06
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 13.57
Current ratio from 5.43 to 13.57; short-term debt falls from €17k to €6k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-12k ▼430%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity doublescurrent ratio 5.43
Current ratio from 2.28 to 5.43.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Roeselare · 1 establishment unit since 2009
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.
Kleine Weg 1878800 RoeselareGround area
1,312 m²
Building footprint
246 m²
Volume, LiDAR
1,545 m³
Parcel 36503C0926/00F000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PHIMAAI
since 20092.177.484.605
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36503C0926/00F000 | Flanders | 1,311 m² | 1 · 246 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,966 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2009
Fiscal year end30-06
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.