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PHLV

Active
Private limited companyfounded 20233 yrs activeSint-Amandsesteenweg(BOR) 212, 2880 Bornem, BelgiumKBO/BCE: BE 0803.696.369
Summary

The computed 12-month bankruptcy probability of PHLV is 4.0% (moderate). The 2024 annual accounts show negative equity (-€2,006) and a net result of -€27,006. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency22
Growth-
Track record79
Bankruptcy probability, 12 months
4.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25; short-term debt: 64.9% and cash: 15.3% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
-3.1%
Return on assets
-41.2%
Age of the figures
21 mo
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
35 d early
2024
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 26 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 July 2023, PHLV was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, abbreviated schema

Equity
-€2,006
Total assets
€65,504
Net result
-€27,006
Working capital
-€31,793

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €65,504
Fixed assets €54,787
Current assets €10,717
Key figures and ratios
2024 value
EBITDA
-€22,067
Cash flow
-€22,793
Solvency
-3.1%
Current ratio
0.25
Debt to equity
-33.65
ROA
-41.2%
Interest coverage
-29.68
Debt
€67,510
Debt ≤ 1 year
€42,510
Debt > 1 year
€25,000

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 31 lines
Balance sheet Code2024
Assets
Total assets20/58€65,504
Fixed assets21/28€54,787
Intangible fixed assets21€25,787
Tangible fixed assets22/27€29,000
Land and buildings22€29,000
Current assets29/58€10,717
Amounts receivable within one year40/41€718
Other amounts receivable41€718
Cash at bank and in hand54/58€9,999
Equity and liabilities
Total equity and liabilities10/49€65,504
Equity10/15-€2,006
Contributions10/11€25,000
Profit (loss) carried forward14-€27,006
Amounts payable17/49€67,510
Amounts payable after more than one year17€25,000
Financial debts170/4€25,000
Amounts payable within one year42/48€42,510
Other amounts payable47/48€42,510
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,213
Other operating charges640/8€264
Gross operating margin9900-€21,802
Operating profit (loss)9901-€26,280
Financial income75/76B€17
Recurring financial income75€17
Financial charges65/66B€743
Recurring financial charges65€743
Profit (loss) for the period before taxes9903-€27,006
Profit (loss) for the period9904-€27,006
Profit (loss) for the period to be appropriated9905-€27,006
Appropriation of the result
Profit (loss) to be appropriated9906-€27,006
Social balance
Average headcount (FTE)90870.0

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,213
Other operating charges640/8€264
Gross operating margin9900-€21,802
Operating profit (loss)9901-€26,280
Financial income75/76B€17
Recurring financial income75€17
Financial charges65/66B€743
Recurring financial charges65€743
Profit (loss) for the period before taxes9903-€27,006
Profit (loss) for the period9904-€27,006
Profit (loss) for the period to be appropriated9905-€27,006
Line2024
Assets
Total assets20/58€65,504
Fixed assets21/28€54,787
Intangible fixed assets21€25,787
Tangible fixed assets22/27€29,000
Land and buildings22€29,000
Current assets29/58€10,717
Amounts receivable within one year40/41€718
Other amounts receivable41€718
Cash at bank and in hand54/58€9,999
Equity and liabilities
Total equity and liabilities10/49€65,504
Equity10/15-€2,006
Contributions10/11€25,000
Profit (loss) carried forward14-€27,006
Amounts payable17/49€67,510
Amounts payable after more than one year17€25,000
Financial debts170/4€25,000
Amounts payable within one year42/48€42,510
Other amounts payable47/48€42,510
Line2024
Profit (loss) for the period9904-€27,006
+ Depreciation and write-downs630€4,213
Operating cash flow (approximation)-€22,793

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Bornem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
372 m²
Building footprint
154 m²
Volume, LiDAR
917 m³
Parcel 12362E0068/00H003, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Perfect Pharma 👍
Sint-Amandsesteenweg(BOR) 212, 2880 BornemRetail sale of pharmaceutical products
since 20232.347.722.672
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12362E0068/00H003 Flanders 372 m² 1 · 154 m² 10.4 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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 5,220 companies in sector 47730 we hold annual accounts for 3,862. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803696369
Registered 30-09-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.