Equity
€2.1m ▲ 31.6%
Phinest has made a profit in every financial year since 2012.
Phinest
Lifetime
14 annual accounts with figures on one time axispeak €5.0m (2025)
€5.0m▲ 26.2%
peak €855,407 (2021)
€516,048▲ 130%
peak €2.1m (2025)
€2.1m▲ 31.6%
€1.8m▲ 9.3%
peak 48.3 FTE (2025)
48.3 FTE▲ 13.6%
Board6 names since 2015
3 directors and 2 others
Owners
consolidates
Documentsfilings and deeds
22-06-202639 days before the deadline
2025abbreviated format
Gross margin from €4.0m to €5.0mResult from €224,174 to €516,048Staff from 42.5 FTE to 48.3 FTEEquity from €1.6m to €2.1mCash from €733,336 to €1.1m
Key points
from the 2025 annual accountsResult
€516,048 ▲ 130%
The result rose in 2025: different schema filed.
Turnover
≈ €8.7m estimated
The accounts state no turnover.
Staff
52 employees on 31-12-2025
In 2025, 27 people joined and 18 left.
At the same address
86 companies
Position in the sector
€516,048
Higher net result than 93% of companies in advertising and market research. Sector median €22,751 · 1,968 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as Phinest has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for Phinest. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 19-07-2022
Director, , since 04-08-2022
Director, , since 04-08-2022
- consolidatesannual accounts 2025
Recent changes
Resignations: (director) and (director)
General meeting of 31-07-2026 · Gazette deed
Permanent representative:
Board meeting of 05-02-2026 · Gazette deed
1 director appointed
Changes of role: (director) and (director) · Appointment: · Permanent representatives: , and · General meeting of 04-08-2022 · Gazette deed
Registered office moved within Watermael-Boitsfort
New registered office: Boulevard du Souverain 24, 1170 Watermael-Boitsfort (Bruxelles) · Previous registered office: Boulevard du Souverain 68/3, 1170 Watermael-Boitsfort (Bruxelles) · General meeting of 29-03-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Phinest Watermael-Boitsfort | €4.0m | €5.0m | 53.8% | 48.3 |
| MetiSelect Affligem | €3.5m | €4.2m | 42.3% | 64.8 |
| NGAGE CONSULTING Woluwe-Saint-Lambert | €3.1m | €3.6m | 37.3% | 35.2 |
| BELGIUM WEB CASINO Brussels | €5.3m | €3.4m | 32.2% | 33.1 |
| SATELLIT Uccle | €2.6m | €3.9m | 11.9% | 36.1 |
| Connectis CMC Belgium Saint-Josse-ten-Noode | €6.0m | €3.8m | 62.5% | 43.3 |
| BROPTIMIZE ENERGY Remicourt | €3.1m | €3.9m | 38.5% | 47 |
These companies have the same main activity as Phinest: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €2.6m and €6m, founded between 2009 and 2016.
Official details
Source: KBO- Status
- Active since 18-01-2012Normal situation
- Registered office
- 87 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Public relations and communication consultancyNACE 73300and 6 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.206.845.4161170 Watermael-Boitsfort, since 16-01-2012
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €4.0m▲ 19.8%
- Employeeson 31-12-2025
- 52▲ 20.9%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on Phinest
Phinest files the abbreviated format. That format states no turnover. The gross margin rose from €82,361 in 2012 to €5.0m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Phinest
- What is the company number of Phinest?
- The company number of Phinest is 0842.844.282. The VAT number is the same number with BE in front: BE 0842.844.282.
- Where is Phinest based?
- The registered office is at Vorstlaan 24, 1170 Watermael-Boitsfort.Company details
- What does Phinest do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of Phinest?
- Phinest is a private limited company (BV).
- When was Phinest founded?
- Phinest was founded on 18-01-2012.
- Is Phinest still active?
- Yes, Phinest is an active enterprise in the KBO register.
- How many employees does Phinest have?
- Phinest had an average of 48.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Phinest fall under?
- In its 2024 annual accounts, Phinest states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Phinest?
- The turnover in financial year 2025 is ≈ €8.7m. This figure is estimated from the gross margin of €5.0m and 1,584 comparable companies of the same size. It probably lies between €5.9m and €14.0m. It is a rough estimate.
- Is Phinest profitable?
- In financial year 2025, Phinest made a profit of €516,048.
- Where can I find the annual accounts of Phinest?
- Phinest filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Phinest due?
- Phinest must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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