PHITECH
ActiveSummary
PHITECH has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €34k and a net result of €11k. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 28% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability74▼-26
Solvency63▲+6
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.37 against 1.28 in 2023; short-term debt: 59.1% and cash: 44.6% of total assets), and 62.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
37.8%
Return on assets
12.3%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-03-2026, 235 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
235 d late
2023
111 d late
2022
120 d late
2021
69 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€34k▲ 48.2%
2023 · €23k
Total assets
€91k▲ 24.7%
2023 · €73k
Net result
€11k▼ 46.8%
2023 · €21k
Working capital
€20k▲ 45.7%
2023 · €14k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€13k-€-1k€32k€21k▼ 35.5%
Net result€7k-€-4k€21k€11k▼ 46.8%
Equity€37k-€32k▼ 12.1%€23k▼ 27.8%€34k▲ 48.2%
Total assets€82k-€77k▼ 6.1%€73k▼ 4.7%€91k▲ 24.7%
Debt€45k-€45k▼ 1.2%€50k▲ 12.0%€57k▲ 13.7%
Working capital€16k-€19k▲ 22.3%€14k▼ 29.1%€20k▲ 45.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 35% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €91k
Fixed assets
€17k ▲ 82.3%
Current assets
€74k ▲ 16.1%
Equity and liabilities €91k
Equity
€34k ▲ 48.2%
Debt
€57k ▲ 13.7%
Debt's share of the balance-sheet total falls from 68.2% to 62.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▼
2023 · €36k
Cash flow
€17k▼
2023 · €25k
Current ratio
1.37▲
2023 · 1.28
Debt to equity
1.65▼
2023 · 2.15
ROE
32.5%▼
2023 · 90.5%
ROA
12.3%▼
2023 · 28.8%
Interest coverage
4.80▼
2023 · 9.61
Debt ≤ 1 year
€54k▲
2023 · €50k
Debt > 1 year
€3k
Income taxes
€4k▼
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €4k | €6k | ▲ 31.3% |
| Other operating charges640/8 | €222 | €1k | €2k | €2k | ▼ 32.9% |
| Non-recurring operating charges66A | - | €5k | - | - | - |
| Gross operating margin9900 | €18k | €9k | €39k | €28k | ▼ 28.0% |
| Operating profit (loss)9901 | €13k | €-1k | €32k | €21k | ▼ 35.5% |
| Financial income75/76B | €0 | €1 | €1 | €145 | ▲ 12,224% |
| Recurring financial income75 | €0 | €1 | €1 | €145 | ▲ 12,224% |
| Financial charges65/66B | €4k | €4k | €4k | €5k | ▲ 44.8% |
| Recurring financial charges65 | €4k | €4k | €4k | €5k | ▲ 44.8% |
| Profit (loss) for the period before taxes9903 | €10k | €-6k | €28k | €15k | ▼ 45.7% |
| Income taxes67/77 | €3k | €-1k | €7k | €4k | ▼ 42.6% |
| Profit (loss) for the period9904 | €7k | €-4k | €21k | €11k | ▼ 46.8% |
| Profit (loss) for the period to be appropriated9905 | €7k | €-4k | €21k | €11k | ▼ 46.8% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €82k | €77k | €73k | €91k | ▲ 24.7% |
| Fixed assets21/28 | €25k | €14k | €9k | €17k | ▲ 82.3% |
| Tangible fixed assets22/27 | €25k | €14k | €9k | €17k | ▲ 82.3% |
| Plant, machinery and equipment23 | €7k | €9k | €6k | €4k | ▼ 39.5% |
| Furniture and vehicles24 | €18k | €5k | €3k | €8k | ▲ 167% |
| Leasing and similar rights25 | - | - | - | €5k | - |
| Current assets29/58 | €56k | €63k | €64k | €74k | ▲ 16.1% |
| Amounts receivable within one year40/41 | €22k | €44k | €33k | €33k | ▲ 0.3% |
| Trade receivables40 | €22k | €44k | €33k | €31k | ▼ 7.4% |
| Other amounts receivable41 | - | - | €228 | €3k | ▲ 1,125% |
| Cash at bank and in hand54/58 | €34k | €19k | €31k | €41k | ▲ 33.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €82k | €77k | €73k | €91k | ▲ 24.7% |
| Equity10/15 | €37k | €32k | €23k | €34k | ▲ 48.2% |
| Contributions10/11 | €4k | €4k | €4k | €4k | = |
| Outside capital11 | €4k | €4k | €4k | €4k | = |
| Other1109/19 | €4k | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €33k | €28k | €19k | €30k | ▲ 58.2% |
| Amounts payable17/49 | €45k | €45k | €50k | €57k | ▲ 13.7% |
| Amounts payable after more than one year17 | €5k | €942 | - | €3k | - |
| Financial debts170/4 | €5k | €942 | - | €3k | - |
| Amounts payable within one year42/48 | €40k | €44k | €50k | €54k | ▲ 8.0% |
| Current portion of amounts payable after more than one year42 | €4k | €4k | €942 | €2k | ▲ 123% |
| Trade debts44 | €17k | €27k | €4k | €8k | ▲ 78.5% |
| Suppliers440/4 | €17k | €27k | €4k | €8k | ▲ 78.5% |
| Taxes, remuneration and social security45 | €20k | €10k | €15k | €18k | ▲ 23.0% |
| Taxes450/3 | €19k | €9k | €15k | €18k | ▲ 23.0% |
| Remuneration and social security454/9 | €2k | €630 | - | - | - |
| Other amounts payable47/48 | - | €3k | €30k | €26k | ▼ 13.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €-4k | €21k | €11k | ▼ 46.8% |
| + Depreciation and write-downs630 | €4k | €4k | €4k | €6k | ▲ 31.3% |
| Operating cash flow (approximation) | €11k | €-209 | €25k | €17k | ▼ 33.7% |
| Investment in fixed assets (approximation) | - | €7k | €0 | €-13k | - |
| Change in cash | - | €-15k | €11k | €10k | ▼ 11.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 235 days late
2024
19-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 111 days late
2023
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2022
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2019
Ground area
125 m²
Building footprint
109 m²
Volume, LiDAR
799 m³
Parcel 11003A0145/00H009, Flanders · tallest building 13.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PHITECH / PHIMEDI
since 20192.294.799.076
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0145/00H009 | Flanders | 125 m² | 1 · 109 m² | 13.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
EQUINOXE CONSULTING
BE 0869.849.874
Waterloo · Eq €34,350
Dutch Code
BE 1009.046.062
Pelt · Eq €34,283
SYTIM
BE 0794.509.974
Dalhem · Eq €34,624
Interventions Strategiques et Opérationelles
BE 0462.164.319
Mons · Eq €34,212
MINA SOFTWARE
BE 0831.257.237
Zaventem · Eq €34,738
Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,275 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
74999Other professional, scientific and technical activities
86940Nursing and midwifery
Scores and ratios are computed by Checked and are not a credit decision.