PHLOX
ActivePHLOX has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.68M and a net result of €441k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 92% of 10289 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▲+7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 11.22 against 6.85 in 2024; short-term debt: 2.5% and cash: 0.5% of total assets), and 14.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.8%
Return on assets
10.3%
Age of the figures
15 mo
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 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
4 d early
2023
5 d early
2022
on the day
2021
6 d early
2020
2 d early
2019
10 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.68M▲ 13.6%
2024 · €3.24M
2019: €2.02M
2020: €2.14M
2021: €2.36M
2022: €2.64M
2023: €3.02M
2024: €3.24M
2019 → 2025
Total assets
€4.29M▲ 8.5%
2024 · €3.95M
2019: €3.36M
2020: €3.42M
2021: €3.27M
2022: €3.53M
2023: €3.90M
2024: €3.95M
2019 → 2025
Net result
€441k▲ 107%
2024 · €213k
2019: €180k
2020: €124k
2021: €217k
2022: €281k
2023: €383k
2024: €213k
2019 → 2025
Working capital
€1.12M▲ 49.4%
2024 · €746k
2019: €497k
2020: €520k
2021: €134k
2022: €392k
2023: €669k
2024: €746k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.36M-€2.64M▲ 11.9%€3.02M▲ 14.5%€3.24M▲ 7.0%€3.68M▲ 13.6%
Operating result€-70k-€-87k▼ 24.6%€-162k▼ 85.8%€-107k▲ 33.7%€-191k▼ 77.6%
Net result€217k-€281k▲ 29.8%€383k▲ 35.9%€213k▼ 44.4%€441k▲ 107%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €191k in 2025 against €107k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.29M
Fixed assets
€3.06M▼ 0.5%
Current assets
€1.22M▲ 40.1%
Equity and liabilities €4.29M
Equity
€3.68M▲ 13.6%
Debt
€609k▼ 14.8%
The debt ratio falls from 18.1% to 14.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-176k▼
2024 · €-92k
Cash flow
€456k▲
2024 · €228k
Solvency
85.8%▲
2024 · 81.9%
Current ratio
11.22▲
2024 · 6.85
Quick ratio
11.22▲
2024 · 6.85
Debt / equity
0.17▼
2024 · 0.22
ROE
12.0%▲
2024 · 6.6%
ROA
10.3%▲
2024 · 5.4%
Interest coverage
-22.08▼
2024 · -10.81
Debt
€609k▼
2024 · €715k
Debt ≤ 1 year
€109k▼
2024 · €128k
Debt > 1 year
€499k▼
2024 · €586k
Income taxes
€262▼
2024 · €22k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.95M€4.29M▲
Fixed assets21/28€3.08M€3.06M▼
Tangible fixed assets22/27€51k€36k▼
Furniture and vehicles24€51k€36k▼
Financial fixed assets28€3.03M€3.03M=
Current assets29/58€874k€1.22M▲
Amounts receivable after more than one year29€113k€120k▲
Other amounts receivable291€113k€120k▲
Amounts receivable within one year40/41€726k€1.08M▲
Trade receivables40€47k€92k▲
Other amounts receivable41€679k€984k▲
Cash at bank and in hand54/58€29k€20k▼
Deferred charges and accrued income490/1€6k€9k▲
Equity and liabilities
Total equity and liabilities10/49€3.95M€4.29M▲
Equity10/15€3.24M€3.68M▲
Contributions10/11€1.54M€1.54M=
Reserves13€1.70M€2.14M▲
Distributable reserves133€1.70M€2.14M▲
Amounts payable17/49€715k€609k▼
Amounts payable after more than one year17€586k€499k▼
Financial debts170/4€586k€499k▼
Amounts payable within one year42/48€128k€109k▼
Current portion of amounts payable after more than one year42€75k€76k▲
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Taxes, remuneration and social security45€22k€6k▼
Taxes450/3€22k€6k▼
Other amounts payable47/48€24k€19k▼
Accrued charges and deferred income492/3€1k€563▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▼
Other operating charges640/8€106k€184k▲
Gross operating margin9900€14k€8k▼
Operating profit (loss)9901€-107k€-191k▼
Financial income75/76B€350k€640k▲
Recurring financial income75€350k€640k▲
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€234k€441k▲
Income taxes67/77€22k€262▼
Profit (loss) for the period9904€213k€441k▲
Profit (loss) for the period to be appropriated9905€213k€441k▲
Appropriation of the result
Profit (loss) to be appropriated9906€213k€441k▲
Transfer to equity691/2€213k€441k▲
To other reserves6921€213k€441k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €441k ▲107%
Net result €441k, the highest in the series.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Liquidity doublescurrent ratio 4.52
Current ratio from 2.25 to 4.52.
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €124k ▼31.3%
Net result drops to €124k, the lowest in the series; recovery starts the following year.
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Vorst · 2 establishment units since 2005
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.
Koningslaan 1071190 VorstGround area
4,001 m²
Building footprint
457 m²
Volume, LiDAR
3,412 m³
2 parcels, Brussels, Flanders · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
-
since 20052.149.653.325
YourTex – Phlox
since 20162.257.419.335
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34034E0430/00A002 | Flanders | 3,835 m² | 1 · 326 m² | 9.5 m · 2 fl. |
| 21007A0029/00B010 | Brussels | 166 m² | 1 · 131 m² | 17.4 m · 5 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.
Similar companies · same sector, comparable size
PIRO INVEST
BE 0437.102.784
Gent · Eq €3.69M
LEVI STRAUSS BENELUX RETAIL
BE 0870.103.460
Elsene · Eq €3.66M
QUIRAL BELGIQUE
BE 0458.385.079
Brussel · Eq €3.62M
MEB BELGIUM
BE 0881.410.492
Brussel · Eq €3.74M
BELINE
BE 0466.964.928
Lendelede · Eq €3.61M
Of 6,501 companies in sector 47716 we hold annual accounts for 2,438. 491 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-2005
Fiscal year end30-06
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47713Retail trade
47714Retail trade
47715Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.