PHIMANCO
ActiveThe computed 12-month bankruptcy probability of PHIMANCO is 1.7% (moderate). The 2024 annual accounts show equity of €193k and a net result of €-43k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 58% of 1774 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency55▲+6
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity tight (current ratio 1.24 against 1.28 in 2023), and 68.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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 · 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 2024Solvency, return and age of the figures
Solvency
31.9%
Return on assets
-7.2%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
7 d late
2022
on the day
2021
on the day
2020
25 d late
2019
14 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-43k
2023 · €68k
2018: €49k
2019: €60k
2020: €167k
2021: €119k
2022: €107k
2023: €68k
2018 → 2024
Working capital
€84k▼ 41.6%
2023 · €143k
2018: €136k
2019: €178k
2020: €82k
2021: €108k
2022: €114k
2023: €143k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€147k-€190k▲ 29.3%€237k▲ 24.6%€237k=€193k▼ 18.3%
Operating result€233k-€182k▼ 21.9%€160k▼ 11.9%€101k▼ 37.1%€-36k
Net result€167k-€119k▼ 28.8%€107k▼ 10.0%€68k▼ 36.5%€-43k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €36k after €101k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €606k
Fixed assets
€171k▼ 18.0%
Current assets
€435k▼ 33.2%
Equity and liabilities €606k
Equity
€193k▼ 18.3%
Debt
€413k▼ 33.8%
The debt ratio falls from 72.5% to 68.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€13k▼
2023 · €150k
Cash flow
€6k▼
2023 · €117k
Solvency
31.9%▲
2023 · 27.5%
Current ratio
1.24▼
2023 · 1.28
Quick ratio
1.06▼
2023 · 1.16
Debt / equity
2.14▼
2023 · 2.64
ROE
-22.5%▼
2023 · 28.8%
ROA
-7.2%▼
2023 · 7.9%
Interest coverage
1.19▼
2023 · 14.75
Debt
€413k▼
2023 · €624k
Debt ≤ 1 year
€351k▼
2023 · €509k
Debt > 1 year
€61k▼
2023 · €115k
Income taxes
€380▼
2023 · €24k
Staff costs
€400k▲
2023 · €335k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€860k€606k▼
Fixed assets21/28€208k€171k▼
Intangible fixed assets21€41k€28k▼
Tangible fixed assets22/27€165k€140k▼
Plant, machinery and equipment23€15k€11k▼
Furniture and vehicles24€18k€15k▼
Other tangible fixed assets26€132k€114k▼
Financial fixed assets28€2k€2k=
Current assets29/58€652k€435k▼
Amounts receivable after more than one year29€29k€29k=
Other amounts receivable291€29k€29k=
Stocks and contracts in progress3€63k€63k▼
Stocks30/36€63k€63k▼
Amounts receivable within one year40/41€273k€76k▼
Trade receivables40€203k€1k▼
Other amounts receivable41€71k€75k▲
Cash at bank and in hand54/58€274k€257k▼
Deferred charges and accrued income490/1€13k€11k▼
Equity and liabilities
Total equity and liabilities10/49€860k€606k▼
Equity10/15€237k€193k▼
Contributions10/11€6k€6k=
Reserves13€230k€187k▼
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Distributable reserves133€223k€179k▼
Amounts payable17/49€624k€413k▼
Amounts payable after more than one year17€115k€61k▼
Financial debts170/4€115k€61k▼
Amounts payable within one year42/48€509k€351k▼
Current portion of amounts payable after more than one year42€110k€60k▼
Trade debts44€304k€244k▼
Suppliers440/4€304k€244k▼
Taxes, remuneration and social security45€28k€46k▲
Taxes450/3€4k€2k▼
Remuneration and social security454/9€24k€43k▲
Other amounts payable47/48€67k€2k▼
Accrued charges and deferred income492/3€171-
Income statement
Code20232024
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€335k€400k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€49k▲
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A-€959
Gross operating margin9900€488k€416k▼
Operating profit (loss)9901€101k€-36k▼
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€11k€11k▼
Recurring financial charges65€10k€11k▲
Non-recurring financial charges66B€487-
Profit (loss) for the period before taxes9903€92k€-43k▼
Income taxes67/77€24k€380▼
Profit (loss) for the period9904€68k€-43k▼
Profit (loss) for the period to be appropriated9905€68k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€68k€-43k▼
Transfer from equity791/2-€43k
Profit to be distributed694/7€68k-
Return on contributions (dividend)694€68k-
Social balance
Average headcount (FTE)90877.77.8▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-43k ▼164%
Net result drops to €-43k, the lowest in the series.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 7 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €200kEq €237k ▲24.6%
5 profitable years in a row build equity to €237k.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €150kEq €190k ▲29.3%
4 profitable years in a row build equity to €190k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-12
Financial
Highest result since 2018net €167k ▲178%
Operating result €233k, net result €167k, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 14 days late
2019
31-12
Financial
Equity above €200kEq €219k ▲19.1%
2 profitable years in a row build equity to €219k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
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, Rixensart · 1 establishment unit since 2001
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.
Rue du Gros Tienne 97A1332 RixensartGround area
3,535 m²
Building footprint
454 m²
Volume, LiDAR
3,471 m³
2 parcels, Brussels, Wallonia · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DELI TRAITEUR
since 20012.098.291.132
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033C0685/00M000 | Wallonia | 2,161 m² | 1 · 201 m² | 7.4 m · 2 fl. |
| 21447B0296/00R012 | Brussels | 1,374 m² | 1 · 252 m² | 15.0 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.098.291.132
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Of 21,633 companies in sector 56112 we hold annual accounts for 9,658. 6,704 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2001
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:02/648.03.54