PHITECH
ActivePHITECH has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €145k and a net result of €22k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
94
/ 100
Excellent▲ +3 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-6
Solvency76▲+8
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 1.71 in 2023), but 65.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
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 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
30 d early
2022
28 d early
2021
23 d late
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€145k▲ 16.5%
2023 · €125k
2018: €29k
2019: €68k
2020: €71k
2021: €91k
2022: €106k
2023: €125k
2018 → 2024
Total assets
€425k▲ 12.1%
2023 · €379k
2018: €72k
2019: €208k
2020: €212k
2021: €244k
2022: €320k
2023: €379k
2018 → 2024
Net result
€22k▲ 7.7%
2023 · €20k
2018: €7k
2019: €80k
2020: €27k
2021: €36k
2022: €16k
2023: €20k
2018 → 2024
Working capital
€148k▲ 49.1%
2023 · €99k
2018: €29k
2019: €67k
2020: €58k
2021: €50k
2022: €37k
2023: €99k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€71k-€91k▲ 28.4%€106k▲ 16.5%€125k▲ 18.1%€145k▲ 16.5%
Operating result€27k-€43k▲ 60.3%€21k▼ 50.8%€31k▲ 47.9%€32k▲ 3.4%
Net result€27k-€36k▲ 34.6%€16k▼ 55.5%€20k▲ 25.9%€22k▲ 7.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 3% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €425k
Fixed assets
€136k▼ 3.4%
Current assets
€290k▲ 21.2%
Equity and liabilities €425k
Equity
€145k▲ 16.5%
Debt
€280k▲ 9.9%
The debt ratio falls from 67.2% to 65.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€67k▲
2023 · €61k
Cash flow
€56k▲
2023 · €50k
Solvency
34.1%▲
2023 · 32.8%
Current ratio
2.04▲
2023 · 1.71
Quick ratio
1.94▲
2023 · 1.61
Debt / equity
1.93▼
2023 · 2.04
ROE
14.9%▼
2023 · 16.1%
ROA
5.1%▼
2023 · 5.3%
Interest coverage
29.66▲
2023 · 25.02
Debt
€280k▲
2023 · €255k
Debt ≤ 1 year
€142k▲
2023 · €140k
Debt > 1 year
€73k▼
2023 · €84k
Income taxes
€9k▼
2023 · €9k
Staff costs
€93k▲
2023 · €91k
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€379k€425k▲
Fixed assets21/28€140k€136k▼
Tangible fixed assets22/27€140k€135k▼
Plant, machinery and equipment23€130k€107k▼
Furniture and vehicles24€10k€29k▲
Financial fixed assets28€265€265=
Current assets29/58€239k€290k▲
Stocks and contracts in progress3€13k€14k▲
Stocks30/36€13k€14k▲
Amounts receivable within one year40/41€166k€156k▼
Trade receivables40€161k€147k▼
Other amounts receivable41€5k€9k▲
Cash at bank and in hand54/58€59k€113k▲
Deferred charges and accrued income490/1€351€6k▲
Equity and liabilities
Total equity and liabilities10/49€379k€425k▲
Equity10/15€125k€145k▲
Contributions10/11€19k€19k=
Reserves13€106k€127k▲
Distributable reserves133€106k€127k▲
Amounts payable17/49€255k€280k▲
Amounts payable after more than one year17€84k€73k▼
Financial debts170/4€84k€73k▼
Amounts payable within one year42/48€140k€142k▲
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€83k€59k▼
Suppliers440/4€83k€59k▼
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€21k€16k▼
Taxes450/3€5k€4k▼
Remuneration and social security454/9€16k€12k▼
Other amounts payable47/48€25k€58k▲
Accrued charges and deferred income492/3€31k€65k▲
Income statement
Code20232024
Remuneration, social security and pensions62€91k€93k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€35k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€-3k▼
Other operating charges640/8€3k€971▼
Gross operating margin9900€151k€157k▲
Operating profit (loss)9901€31k€32k▲
Financial income75/76B€1€282▲
Recurring financial income75€1€282▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€29k€30k▲
Income taxes67/77€9k€9k▼
Profit (loss) for the period9904€20k€22k▲
Profit (loss) for the period to be appropriated9905€20k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€22k▲
Transfer from equity791/2€981€1k▲
Transfer to equity691/2€20k€22k▲
To other reserves6921€20k€22k▲
Profit to be distributed694/7€981€1k▲
Return on contributions (dividend)694€981€1k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €106k ▲16.5%
5 profitable years in a row build equity to €106k.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Highest result since 2018net €80k ▲1051%
Operating result €90k, net result €80k, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 92 days late
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
Olivier PONCIN
CurrentDirector · since 22-11-2023
22-11-2023
Olivier PONCIN: Appointed as Director
22-11-2023
Arnaud BROHÉ: Resigned as Director
Location & real-estate footprint
Registered office, Genappe · 3 establishment units since 2014
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 Banterley 831471 GenappeGround area
9.7 ha
Building footprint
3,146 m²
Volume, LiDAR
39,032 m³
3 parcels, Wallonia · tallest building 19.7 m, ±5 floors. Linked by address, not a title deed.
3 establishment units
Rue Banterley 83, 1471 Genappe
since 20142.236.930.658
PHITECH
since 20212.312.704.385
PHITECH
since 20222.335.267.080
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61040B0656/00H000 | Wallonia | 8.3 ha | 1 · 2,758 m² | 19.6 m · 5 fl. |
| 25020A0277/02_000 | Wallonia | 1.4 ha | 1 · 328 m² | 9.8 m · 3 fl. |
| 25059D0243/00H000 | Wallonia | 382 m² | 1 · 59 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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 siteMont-Saint-Guibert2.335.267.080
Similar companies · same sector, comparable size
FARMHELP
BE 0742.839.856
Langemark-Poelkapelle · Eq €145k
WAGRILIN
BE 0803.372.905
Deinze · Eq €145k
AGRIBAYART
BE 0475.449.557
Celles (lez-Tournai) · Eq €145k
ABIOXIR BE1
BE 0738.526.425
Assesse · Eq €146k
Boonen Agri Service
BE 0466.967.007
Sint-Truiden · Eq €144k
Of 4,668 companies in sector 01610 we hold annual accounts for 1,363. 1,135 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-2014
Fiscal year end31-12
Activities, NACEBEL
01610Support activities for crop production
71121Engineering and related technical consultancy, excluding land surveyors
47761Retail sale of flowers, plants, seeds and fertilisers
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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
4 entriesE-mail:phitech.info@gmail.com
Phone:0474/657.257
E-mail:olivier@phitech.be
Phone:+32472423366