PHOENIX
ActiveSummary
PHOENIX has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €687k and a net result of €13k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40=
Solvency83▲+13
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.76 in 2024; short-term debt: 41.6% and cash: 0.1% of total assets), and 41.6% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
58.4%
Return on assets
1.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
32 d late
2021
31 d late
2020
115 d early
2019
33 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€687k▲ 1.9%
2024 · €674k
2018: €472klowest in 8 years
2019: €499k▲ +5.7% vs 2018
2020: €540k▲ +8.2% vs 2019
2021: €581k▲ +7.7% vs 2020
2022: €627k▲ +7.8% vs 2021
2023: €660k▲ +5.4% vs 2022
2024: €674k▲ +2.1% vs 2023
2025: €687k▲ +1.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.18M▼ 22.3%
2024 · €1.51M
2018: €928klowest in 8 years
2019: €1.01M▲ +8.5% vs 2018
2020: €1.26M▲ +25.1% vs 2019
2021: €1.30M▲ +3.5% vs 2020
2022: €1.37M▲ +5.0% vs 2021
2023: €1.42M▲ +4.1% vs 2022
2024: €1.51M▲ +6.3% vs 2023highest in 8 years
2025: €1.18M▼ -22.3% vs 2024
2018 → 2025
Net result
€13k▼ 4.0%
2024 · €14k
2018: €13k
2019: €27k▲ +99.1% vs 2018
2020: €41k▲ +51.6% vs 2019
2021: €41k▲ +1.5% vs 2020
2022: €45k▲ +9.7% vs 2021highest in 8 years
2023: €34k▼ -25.5% vs 2022
2024: €14k▼ -59.7% vs 2023
2025: €13k▼ -4.0% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-192k▲ 6.4%
2024 · €-205k
2018: €-407klowest in 8 years
2019: €-380k▲ +6.6% vs 2018
2020: €-339k▲ +10.7% vs 2019
2021: €-298k▲ +12.2% vs 2020
2022: €-252k▲ +15.2% vs 2021
2023: €-219k▲ +13.4% vs 2022
2024: €-205k▲ +6.2% vs 2023
2025: €-192k▲ +6.4% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€581k-€627k▲ 7.8%€660k▲ 5.4%€674k▲ 2.1%€687k▲ 1.9%
2021: €581klowest in 5 years
2022: €627k▲ +7.8% vs 2021
2023: €660k▲ +5.4% vs 2022
2024: €674k▲ +2.1% vs 2023
2025: €687k▲ +1.9% vs 2024highest in 5 years
Operating result€57k-€62k▲ 9.4%€46k▼ 24.9%€19k▼ 59.5%€19k▼ 1.2%
2021: €57k
2022: €62k▲ +9.4% vs 2021highest in 5 years
2023: €46k▼ -24.9% vs 2022
2024: €19k▼ -59.5% vs 2023
2025: €19k▼ -1.2% vs 2024lowest in 5 years
Net result€41k-€45k▲ 9.7%€34k▼ 25.5%€14k▼ 59.7%€13k▼ 4.0%
2021: €41k
2022: €45k▲ +9.7% vs 2021highest in 5 years
2023: €34k▼ -25.5% vs 2022
2024: €14k▼ -59.7% vs 2023
2025: €13k▼ -4.0% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 1% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€879k =
Current assets
€297k ▼ 53.3%
Equity and liabilities €1.18M
Equity
€687k ▲ 1.9%
Debt
€489k ▼ 41.8%
Debt's share of the balance-sheet total falls from 55.5% to 41.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.61▼
2024 · 0.76
Debt to equity
0.71▼
2024 · 1.25
ROE
1.9%▼
2024 · 2.0%
ROA
1.1%▲
2024 · 0.9%
Debt ≤ 1 year
€489k▼
2024 · €840k
Income taxes
€5k▲
2024 · €5k
Staff costs
€50k▲
2024 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.51M€1.18M▼
Fixed assets21/28€879k€879k=
Financial fixed assets28€879k€879k=
Current assets29/58€635k€297k▼
Amounts receivable within one year40/41€634k€295k▼
Trade receivables40€352k€10k▼
Other amounts receivable41€282k€285k▲
Cash at bank and in hand54/58€1k€1k▲
Deferred charges and accrued income490/1€247-
Equity and liabilities
Total equity and liabilities10/49€1.51M€1.18M▼
Equity10/15€674k€687k▲
Contributions10/11€440k€440k=
Reserves13€34k€34k=
Non-distributable reserves130/1€34k€34k=
Reserves not available under the articles1311€34k€34k=
Profit (loss) carried forward14€200k€213k▲
Amounts payable17/49€840k€489k▼
Amounts payable within one year42/48€840k€489k▼
Trade debts44€1k€899▼
Suppliers440/4€1k€899▼
Taxes, remuneration and social security45€21k€22k▲
Taxes450/3€17k€13k▼
Remuneration and social security454/9€4k€9k▲
Other amounts payable47/48€818k€466k▼
Income statement
Code20242025
Remuneration, social security and pensions62€41k€50k▲
Other operating charges640/8€989€998▲
Gross operating margin9900€61k€70k▲
Operating profit (loss)9901€19k€19k▼
Financial income75/76B-€20
Recurring financial income75-€20
Financial charges65/66B€270€574▲
Recurring financial charges65€270€574▲
Profit (loss) for the period before taxes9903€19k€18k▼
Income taxes67/77€5k€5k▲
Profit (loss) for the period9904€14k€13k▼
Profit (loss) for the period to be appropriated9905€14k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€200k€213k▲
Profit (loss) brought forward from the previous period14P€187k€200k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €9k | €41k | €50k | ▲ 21.5% |
| Other operating charges640/8 | €868 | - | €2k | €989 | €998 | ▲ 1.0% |
| Gross operating margin9900 | €57k | €62k | €57k | €61k | €70k | ▲ 14.2% |
| Operating profit (loss)9901 | €57k | €62k | €46k | €19k | €19k | ▼ 1.2% |
| Financial income75/76B | - | - | - | - | €20 | - |
| Recurring financial income75 | - | - | - | - | €20 | - |
| Financial charges65/66B | €164 | €13 | €398 | €270 | €574 | ▲ 113% |
| Recurring financial charges65 | €164 | €13 | €398 | €270 | €574 | ▲ 113% |
| Profit (loss) for the period before taxes9903 | €56k | €62k | €46k | €19k | €18k | ▼ 2.8% |
| Income taxes67/77 | €15k | €16k | €12k | €5k | €5k | ▲ 0.6% |
| Profit (loss) for the period9904 | €41k | €45k | €34k | €14k | €13k | ▼ 4.0% |
| Profit (loss) for the period to be appropriated9905 | €41k | €45k | €34k | €14k | €13k | ▼ 4.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.30M | €1.37M | €1.42M | €1.51M | €1.18M | ▼ 22.3% |
| Fixed assets21/28 | €879k | €879k | €879k | €879k | €879k | = |
| Financial fixed assets28 | €879k | €879k | €879k | €879k | €879k | = |
| Current assets29/58 | €424k | €490k | €546k | €635k | €297k | ▼ 53.3% |
| Amounts receivable within one year40/41 | €419k | €484k | €545k | €634k | €295k | ▼ 53.4% |
| Trade receivables40 | €172k | €232k | €292k | €352k | €10k | ▼ 97.2% |
| Other amounts receivable41 | €247k | €252k | €253k | €282k | €285k | ▲ 1.2% |
| Cash at bank and in hand54/58 | €5k | €5k | €423 | €1k | €1k | ▲ 28.3% |
| Deferred charges and accrued income490/1 | - | - | - | €247 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.30M | €1.37M | €1.42M | €1.51M | €1.18M | ▼ 22.3% |
| Equity10/15 | €581k | €627k | €660k | €674k | €687k | ▲ 1.9% |
| Contributions10/11 | €440k | €440k | €440k | €440k | €440k | = |
| Reserves13 | €34k | €34k | €34k | €34k | €34k | = |
| Non-distributable reserves130/1 | €34k | €34k | €34k | €34k | €34k | = |
| Reserves not available under the articles1311 | €34k | €34k | €34k | €34k | €34k | = |
| Profit (loss) carried forward14 | €108k | €153k | €187k | €200k | €213k | ▲ 6.5% |
| Amounts payable17/49 | €722k | €742k | €764k | €840k | €489k | ▼ 41.8% |
| Amounts payable within one year42/48 | €722k | €742k | €764k | €840k | €489k | ▼ 41.8% |
| Trade debts44 | €577 | €4k | €2k | €1k | €899 | ▼ 19.3% |
| Suppliers440/4 | €577 | €4k | €2k | €1k | €899 | ▼ 19.3% |
| Taxes, remuneration and social security45 | €30k | €46k | €31k | €21k | €22k | ▲ 6.2% |
| Taxes450/3 | €30k | €46k | €29k | €17k | €13k | ▼ 25.8% |
| Remuneration and social security454/9 | - | - | €2k | €4k | €9k | ▲ 155% |
| Other amounts payable47/48 | €692k | €692k | €732k | €818k | €466k | ▼ 43.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41k | €45k | €34k | €14k | €13k | ▼ 4.0% |
| Operating cash flow (approximation) | €41k | €45k | €34k | €14k | €13k | ▼ 4.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-13 | €-5k | €623 | €296 | ▼ 52.5% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €13k ▼4%
Net result drops to €13k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Highest result since 2018net €45k ▲9.7%
Operating result €62k, net result €45k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
07-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €500kEq €540k ▲8.2%
3 profitable years in a row build equity to €540k.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Awans · 1 establishment unit since 2017
Ground area
1,105 m²
Building footprint
132 m²
Volume, LiDAR
930 m³
Parcel 62006B0449/00L000, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
PHOENIX
since 20172.264.968.113
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62006B0449/00L000 | Wallonia | 1,105 m² | 1 · 132 m² | 8.9 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.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 31,751 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
Founded13-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.