PHOENIX FIRE
ActivePHOENIX FIRE has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99k and a net result of €90k. Its solvency ranks better than 39% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency62
Growth-
Track record67
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity short (current ratio 0.78; short-term debt: 63% and cash: 18.8% of total assets), and 63% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
37%
Return on assets
33.6%
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 17-09-2026, 48 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 · 1 filingDeviation from the deadline
2025
48 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€99k
Total assets
€268k
Net result
€90k
Working capital
€-37k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €268k
Fixed assets
€136k
Current assets
€132k
Equity and liabilities €268k
Equity
€99k
Debt
€169k
Debt finances 63.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€115k
Cash flow
€92k
Solvency
37.0%
Current ratio
0.78
Quick ratio
0.75
Debt / equity
1.70
ROE
90.7%
ROA
33.6%
Interest coverage
2306848.60
Debt
€169k
Debt ≤ 1 year
€169k
Income taxes
€23k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€268k
Fixed assets21/28€136k
Tangible fixed assets22/27€136k
Land and buildings22€136k
Current assets29/58€132k
Stocks and contracts in progress3€5k
Stocks30/36€5k
Amounts receivable within one year40/41€76k
Trade receivables40€76k
Cash at bank and in hand54/58€50k
Deferred charges and accrued income490/1€254
Equity and liabilities
Total equity and liabilities10/49€268k
Equity10/15€99k
Contributions10/11€10k
Profit (loss) carried forward14€89k
Amounts payable17/49€169k
Amounts payable within one year42/48€169k
Taxes, remuneration and social security45€35k
Taxes450/3€35k
Other amounts payable47/48€134k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€17k
Gross operating margin9900€133k
Operating profit (loss)9901€113k
Financial income75/76B€15
Recurring financial income75€15
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€113k
Income taxes67/77€23k
Profit (loss) for the period9904€90k
Profit (loss) for the period to be appropriated9905€90k
Appropriation of the result
Profit (loss) to be appropriated9906€90k
Profit to be distributed694/7€833
Return on contributions (dividend)694€833
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 48 days late
NBB filing
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, Houthulst · 1 establishment unit since 2025
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.
Jonkershofstraat (geschrapt) 328650 HouthulstGround area
778 m²
Building footprint
194 m²
Volume, LiDAR
1,005 m³
Parcel 32006E0180/00R009, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PHOENIX FIRE
since 20252.372.495.878
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32006E0180/00R009 | Flanders | 778 m² | 1 · 194 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
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
THERMOFLAM
BE 0826.533.436
Westerlo · Eq €99k
FAMVDM
BE 0535.981.022
Aalter · Eq €99k
DE KLEERMAEKER MARC
BE 0426.081.210
Evere · Eq €99k
ERIC VANDE WALLE
BE 0479.232.161
Gent · Eq €99k
VERBRUGGEN TOMMY
BE 0777.760.450
Puurs-Sint-Amands · Eq €99k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,904 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2025
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
46842Wholesale trade
64210Activities of holding companies
68110Buying and selling of own real estate
68321Property management for co-owned buildings (syndics)
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.