Phoenix FS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €90k and a net result of €72k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 69% of 8013 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18192022232425
2018 to 2025 · latest year €90k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-12-2025, 129 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
129 d early
2024
112 d early
2023
61 d early
2022
93 d early
2020
50 d early
2019
84 d early
2018
93 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€90k▲ 62.0%
2024 · €56k
2018: €75k
2019: €132k
2020: €56k
2022: €74k
2023: €52k
2024: €56k
2018 → 2025
Net result
€72k▲ 93.5%
2024 · €37k
2018: €40k
2019: €58k
2020: €42k
2022: €18k
2023: €2k
2024: €37k
2018 → 2025
Total assets
€124k▼ 0.4%
2024 · €125k
2018: €108k
2019: €159k
2020: €135k
2022: €155k
2023: €132k
2024: €125k
2018 → 2025
Solvency
72.8%▲ 28.1pp
2024 · 44.7%
2018: 68.8%
2019: 82.7%
2020: 41.1%
2022: 47.8%
2023: 39.4%
2024: 44.7%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€56k-€74k▲ 33.1%€52k▼ 29.4%€56k▲ 7.0%€90k▲ 62.0%
Operating result€56k-€29k▼ 47.2%€7k▼ 74.6%€52k▲ 592%€94k▲ 82.8%
Net result€42k-€18k▼ 56.2%€2k▼ 87.7%€37k▲ 1,540%€72k▲ 93.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 83% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124k
Fixed assets
€2k▼ 60.2%
Current assets
€122k▲ 2.7%
Equity and liabilities €124k
Equity
€90k▲ 62.0%
Debt
€34k▼ 51.0%
The debt ratio falls from 55.3% to 27.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
72.8%▲
2024 · 44.7%
ROE
79.2%▲
2024 · 66.4%
ROA
57.7%▲
2024 · 29.7%
Debt
€34k▼
2024 · €69k
Debt ≤ 1 year
€34k▼
2024 · €69k
Income taxes
€21k▲
2024 · €12k
Staff costs
€46k▼
2024 · €54k
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€125k€124k▼
Fixed assets21/28€6k€2k▼
Tangible fixed assets22/27€6k€2k▼
Plant, machinery and equipment23€744€467▼
Furniture and vehicles24€5k€2k▼
Current assets29/58€119k€122k▲
Amounts receivable within one year40/41€31k€12k▼
Trade receivables40€28k€6k▼
Other amounts receivable41€3k€7k▲
Cash at bank and in hand54/58€86k€108k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€125k€124k▼
Equity10/15€56k€90k▲
Contributions10/11€19k€19k=
Reserves13€37k€72k▲
Tax-exempt reserves132€224€224=
Distributable reserves133€37k€72k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€69k€34k▼
Amounts payable within one year42/48€69k€34k▼
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€29k€15k▼
Taxes450/3€16k€5k▼
Remuneration and social security454/9€13k€10k▼
Other amounts payable47/48€36k€16k▼
Income statement
Code20242025
Remuneration, social security and pensions62€54k€46k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€111k€145k▲
Operating profit (loss)9901€52k€94k▲
Financial income75/76B€312€34▼
Recurring financial income75€312€34▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€49k€92k▲
Income taxes67/77€12k€21k▲
Profit (loss) for the period9904€37k€72k▲
Profit (loss) for the period to be appropriated9905€37k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€72k▲
Transfer from equity791/2€33k€37k▲
Transfer to equity691/2€37k€72k▲
To other reserves6921€37k€72k▲
Profit to be distributed694/7€33k€37k▲
Return on contributions (dividend)694€33k€37k▲
The notes to these accounts (4 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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial
Highest result since 2018net €72k ▲93.5%
Operating result €94k, net result €72k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 3.60
Current ratio from 1.72 to 3.60; short-term debt falls from €69k to €34k.
08-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €2k ▼87.7%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €132k ▲76.6%
2 profitable years in a row build equity to €132k.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Waregem · 1 establishment unit since 2017
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.
Tapuitstraat 578790 WaregemGround area
699 m²
Building footprint
199 m²
Volume, LiDAR
653 m³
Parcel 34453D0279/00T000, Flanders · tallest building 4.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tapuitstraat 57, 8790 Waregem
since 20172.264.394.724
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453D0279/00T000 | Flanders | 699 m² | 1 · 199 m² | 4.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 24,728 companies in sector 64210 we hold annual accounts for 19,760. 12,089 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2017
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
68201Renting and operating of own or leased residential real estate, excluding social housing
86904Human health activities
86931Psychology services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress 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.
Contact details
1 entryE-mail:jan_vandenberghe@yahoo.com