PHOENIX
ActiveSummary
The computed 12-month bankruptcy probability of PHOENIX is 2.1% (moderate). For PHOENIX, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €21,793 and a net result of €1,432. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 33% of 24615 sector peers (fiscal year 2023). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability40▼-2
Solvency38▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
13%
Return on assets
0.9%
Age of the figures
36 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 →
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2024 close30-04-2025 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 22-04-2024, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
8 d early
2022
10 d early
2021
25 d early
2020
29 d early
2019
117 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 9 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1,432▼ 23.9%
2022 · €1,883
Working capital
€20,273▲ 7.6%
2022 · €18,841
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
Line20192020202120222023
Operating result€68,570▲ 1,316%€6,400▼ 90.7%€6,412▲ 0.2%€7,380▲ 15.1%€4,562▼ 38.2%
Net result€57,646€2,959▼ 94.9%€2,242▼ 24.2%€1,883▼ 16.0%€1,432▼ 23.9%
Equity€13,277€16,236▲ 22.3%€18,478▲ 13.8%€20,360▲ 10.2%€21,793▲ 7.0%
Total assets€750,713▼ 6.8%€49,042▼ 93.5%€57,953▲ 18.2%€116,960▲ 102%€167,201▲ 43.0%
Debt€737,436▼ 13.3%€32,806▼ 95.6%€39,475▲ 20.3%€96,599▲ 145%€145,409▲ 50.5%
Working capital€13,258€16,216▲ 22.3%€16,958▲ 4.6%€18,841▲ 11.1%€20,273▲ 7.6%
Why a figure moved sharply
- 2020 Total assets -93% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 38% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €167,201
Fixed assets
€1,519 =
Current assets
€165,682 ▲ 43.5%
Equity and liabilities €167,201
Equity
€21,793 ▲ 7.0%
Debt
€145,409 ▲ 50.5%
Debt's share of the balance-sheet total rises from 82.6% to 87.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.14▼
2022 · 1.20
Debt to equity
6.67▲
2022 · 4.74
ROE
6.6%▼
2022 · 9.2%
ROA
0.9%▼
2022 · 1.6%
Debt ≤ 1 year
€145,409▲
2022 · €96,599
Income taxes
€595▼
2022 · €1,570
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,000 | - | - | - | - | - |
| Other operating charges640/8 | - | - | €128 | €1,025 | €996 | ▼ 2.8% |
| Gross operating margin9900 | €73,438 | €7,268 | €6,539 | €8,405 | €5,558 | ▼ 33.9% |
| Operating profit (loss)9901 | €68,570 | €6,400 | €6,412 | €7,380 | €4,562 | ▼ 38.2% |
| Financial income75/76B | - | - | - | €1,757 | €1,045 | ▼ 40.5% |
| Recurring financial income75 | €5,995 | €132 | - | €1,757 | €1,045 | ▼ 40.5% |
| Financial charges65/66B | - | - | €3,295 | €5,684 | €3,580 | ▼ 37.0% |
| Recurring financial charges65 | €14,068 | €2,428 | €3,295 | €5,684 | €3,580 | ▼ 37.0% |
| Profit (loss) for the period before taxes9903 | €60,496 | €4,104 | €3,117 | €3,453 | €2,027 | ▼ 41.3% |
| Income taxes67/77 | €2,850 | €1,145 | €875 | €1,570 | €595 | ▼ 62.1% |
| Profit (loss) for the period9904 | €57,646 | €2,959 | €2,242 | €1,883 | €1,432 | ▼ 23.9% |
| Profit (loss) for the period to be appropriated9905 | €57,646 | €2,959 | €2,242 | €1,883 | €1,432 | ▼ 23.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €750,713 | €49,042 | €57,953 | €116,960 | €167,201 | ▲ 43.0% |
| Fixed assets21/28 | €19 | €19 | €1,519 | €1,519 | €1,519 | = |
| Financial fixed assets28 | €19 | €19 | €1,519 | €1,519 | €1,519 | = |
| Current assets29/58 | €750,694 | €49,023 | €56,434 | €115,440 | €165,682 | ▲ 43.5% |
| Stocks and contracts in progress3 | €15,587 | €1,875 | - | - | - | - |
| Amounts receivable within one year40/41 | €728,532 | €36,969 | €47,057 | €101,790 | €158,851 | ▲ 56.1% |
| Trade receivables40 | - | - | €38,700 | €94,552 | €138,020 | ▲ 46.0% |
| Other amounts receivable41 | - | - | €8,357 | €7,238 | €20,831 | ▲ 188% |
| Cash at bank and in hand54/58 | €4,855 | €9,319 | €9,376 | €13,650 | €6,831 | ▼ 50.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €750,713 | €49,042 | €57,953 | €116,960 | €167,201 | ▲ 43.0% |
| Equity10/15 | €13,277 | €16,236 | €18,478 | €20,360 | €21,793 | ▲ 7.0% |
| Contributions10/11 | €12,500 | - | €12,500 | €12,500 | €12,500 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€1,083 | €1,876 | €4,118 | €6,000 | €7,433 | ▲ 23.9% |
| Amounts payable17/49 | €737,436 | €32,806 | €39,475 | €96,599 | €145,409 | ▲ 50.5% |
| Amounts payable within one year42/48 | €737,436 | €32,806 | €39,475 | €96,599 | €145,409 | ▲ 50.5% |
| Trade debts44 | €734,586 | €31,606 | €38,696 | €6,694 | €54,972 | ▲ 721% |
| Suppliers440/4 | - | - | €38,696 | €6,694 | €54,972 | ▲ 721% |
| Taxes, remuneration and social security45 | - | - | €779 | €685 | €595 | ▼ 13.2% |
| Taxes450/3 | - | - | €779 | €685 | €595 | ▼ 13.2% |
| Other amounts payable47/48 | - | - | - | €89,220 | €89,842 | ▲ 0.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57,646 | €2,959 | €2,242 | €1,883 | €1,432 | ▼ 23.9% |
| + Depreciation and write-downs630 | €4,000 | - | - | - | - | - |
| Operating cash flow (approximation) | €61,646 | €2,959 | €2,242 | €1,883 | €1,432 | ▼ 23.9% |
| Investment in fixed assets (approximation) | - | €0 | -€1,500 | €0 | €0 | - |
| Change in cash | - | €4,464 | €57 | €4,274 | -€6,820 | ▼ 260% |
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
2024
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
2019
30-09
Financial
Back to profitnet €57,646
Net result €57,646 after one loss-making year.
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2016
30-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
11-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 11 days late
2014
30-05
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Watermaal-Bosvoorde · 1 establishment unit since 2011
Ground area
1.2 ha
Building footprint
987 m²
Volume, LiDAR
29,658 m³
Parcel 21652E0023/00W003, Brussels · tallest building 34.4 m, ±10 floors. Linked by address, not a title deed.
26
companies at this address
See who is registered here
1 establishment unit
Vital & Pratik Laboratorium Slimstar Slimturbovital Volum'Bust Vital Academy Turbovital Androfix Equiba O.C.E.A.N. Biomincyl Alice Avantages Lineaform W.B.H.
since 20112.198.107.793
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0023/00W003 | Brussels | 1.2 ha | 1 · 987 m² | 34.4 m · 10 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWatermaal-Bosvoorde2.198.107.793
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Of 12,956 companies in sector 47120 we hold annual accounts for 2,192. 1,412 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 (pre-2019)
Founded23-02-2011
Fiscal year end30-09
Activities, NACEBEL 2025
47120Other non-specialised retail sale
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.