PHIMARG
The computed 12-month bankruptcy probability of PHIMARG is 1.2% (low). The 2024 annual accounts show negative equity (€-37k) and a net result of €-63k. Equity is shrinking by ~248.7% per year across the filed fiscal years. Its solvency ranks better than 21% of 772 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-37k |
| Net result | €-63k |
| Better than sector | 21% |
| Active | 4 yrs |
Mixed profile: strong on stability, weaker on solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →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 | -2.1% | 16.3% | |
| Net result | €-63k | €-2k | |
| Equity | €-37k | €129k | |
| Gross operating margin | €123k | €45k | |
| Total assets | €1.71M | €1.72M |
| Fiscal year | 2024 |
|---|---|
| Revenue | €211k |
| EBITDA | €84k |
| Net profit | €-63k |
| Cash flow | €49k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.71M |
| Equity | €-37k |
| Debt | €1.75M |
| of which ≤ 1y | €743k |
| of which > 1y | €1.01M |
| Working capital | €-614k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.17 |
| Quick ratio | 0.17 |
| Working capital ratio | -35.9% |
| Solvency | -2.1% |
| Debt / equity | -47.63 |
| Long-term debt ratio | -27.42 |
| Interest coverage | 2.40 |
| Gross margin | 58.4% |
| Net margin | -30.0% |
| ROA | -3.7% |
| ROE | 172.2% |
| EBITDA margin | 39.7% |
| Days sales outstanding | 184d |
| Days payable outstanding | 831d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.71M |
| Fixed assets | 21/28 | €1.59M |
| Tangible fixed assets | 22/27 | €1.59M |
| Current assets | 29/58 | €128k |
| Amounts receivable within one year | 40/41 | €106k |
| Cash & bank | 54/58 | €16k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.71M |
| Equity | 10/15 | €-37k |
| Contributions / capital | 10/11 | €300k |
| Accumulated profits (losses) | 14 | €-337k |
| Amounts payable | 17/49 | €1.75M |
| Amounts payable after one year | 17 | €1.01M |
| Amounts payable within one year | 42/48 | €743k |
| Trade debts payable within one year | 44 | €199k |
| Income statement | ||
| Turnover | 70 | €211k |
| Gross operating margin | 9900 | €123k |
| Operating result | 9901 | €-28k |
| Financial charges | 65 | €35k |
| Result before taxes | 9903 | €-63k |
| Net result for the period | 9904 | €-63k |
| Result to be appropriated | 9905 | €-63k |
| NACE primary | Real estate rental(68203) |
| Legal form | Private limited company(610) |
| Incorporation | 19-10-2021 |
| Status | Active |
| Postal code | 1420 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55005C0266/00F000 | Wallonia | 2.6 ha | 1 · 7,492 m² | - |
| 25744D0154/00M000 | Wallonia | 2,086 m² | 1 · 829 m² | 18.7 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-10-2024 Michaël De Ridder appointed as statutory auditor
- Michaël De Ridder, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Micha\u00EBl De Ridder",
"address": null,
"birth_date": null,
"profession": "r\u00E9viseur d\u0027entreprises",
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": {
"kbo": "0458.736.952",
"name": "DGST \u0026 Partners - R\u00E9viseur d\u0027entreprises",
"address": "1170 Watermael-Boitsfort, avenue Emile van Becelaere, 28A Bte 71",
"country": "BE",
"legal_form": "SRL"
},
"statutory": null,
"compensated": true,
"effective_date": null,
"evidence_quote": "En date du 2 septembre 2024, l\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire qui s\u0027est tenue a d\u00E9cid\u00E9, \u00E0 l\u0027unanimit\u00E9, de nommer en qualit\u00E9 de commissaire la SRL \u00AB DGST \u0026 Partners - R\u00E9viseur d\u0027entreprises",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": "2026"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Micha\u00EBl De Ridder",
"address": null,
"birth_date": null,
"profession": "r\u00E9viseur d\u0027entreprises",
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0458.736.952",
"name": "DGST \u0026 Partners - R\u00E9viseur d\u0027entreprises",
"address": "1170 Watermael-Boitsfort, avenue Emile van Becelaere, 28A Bte 71",
"country": "BE",
"legal_form": "SRL"
},
"statutory": null,
"compensated": true,
"effective_date": null,
"evidence_quote": "",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-10-17",
"filing_date": "2024-10-10",
"act_kind_objet": "Nomination de commissaire"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-09-02",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0775.908.047",
"name_full": "PHIMARG",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "NATKA CONSULTING Scomm",
"person_name": null,
"org_rep_person_name": "Nathalie Calomme",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | PHIMARG |