Summary
Phoenix Holding has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €116.2m and a net result of -€3.0m. Its solvency ranks better than 71% of 4610 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
57 d early
2023
42 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 50 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema, statutory accounts
In the rankings
#8 company by equity in Machelen, Professional and technical services sector#10 company by total assets in Machelen, Professional and technical services sector
Turnover
€551,827▲ 96.0%
2023 · €281,583
EBIT margin
-37.6%▲ 1224.9pp
2023 · -1262.4%
Net result
-€3.0m▲ 50.8%
2023 · -€6.1m
Working capital
€1.2m
2023 · -€12.3m
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
Line20232024
Turnover€281,583-€551,827▲ 96.0%
Operating result-€3.6m--€207,346▲ 94.2%
Net result-€6.1m--€3.0m▲ 50.8%
EBIT margin-1262.4%--37.6%▲ 1224.9pp
Equity€119.2m-€116.2m▼ 2.5%
Total assets€175.4m-€159.9m▼ 8.8%
Debt€56.1m-€43.7m▼ 22.2%
Working capital-€12.3m-€1.2m
Why a figure moved sharply
- 2024 Turnover +96%, Net result +51% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €207,346 in 2024 against €3.6m in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €159.9m
Fixed assets
€158.5m ▼ 8.6%
Current assets
€1.4m ▼ 27.2%
Equity and liabilities €159.9m
Equity
€116.2m ▼ 2.5%
Debt
€43.7m ▼ 22.2%
Debt's share of the balance-sheet total falls from 32.0% to 27.3%. Equity and debt are lower.
Key figures and ratios
ROE
-2.6%▲
2023 · -5.1%
ROA
-1.9%▲
2023 · -3.5%
Debt ≤ 1 year
€142,005▼
2023 · €14.2m
Debt > 1 year
€43.4m▲
2023 · €41.9m
Income taxes
€272
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Operating income70/76A | €281,583 | €551,827 | ▲ 96.0% |
| Turnover70 | €281,583 | €551,827 | ▲ 96.0% |
| Operating charges60/66A | €3.8m | €759,173 | ▼ 80.2% |
| Services and other goods61 | €3.8m | €743,542 | ▼ 80.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €419 | €15,310 | ▲ 3,550% |
| Other operating charges640/8 | €100 | €322 | ▲ 222% |
| Operating profit (loss)9901 | -€3.6m | -€207,346 | ▲ 94.2% |
| Financial income75/76B | €1.2m | €322,463 | ▼ 72.8% |
| Recurring financial income75 | €1.2m | €322,463 | ▼ 72.8% |
| Income from financial fixed assets750 | €1.2m | €322,463 | ▼ 72.8% |
| Financial charges65/66B | €3.7m | €3.1m | ▼ 16.6% |
| Recurring financial charges65 | €3.7m | €3.1m | ▼ 16.6% |
| Debt charges650 | €3.7m | €3.1m | ▼ 16.6% |
| Other financial charges652/9 | €450 | €2,684 | ▲ 496% |
| Profit (loss) for the period before taxes9903 | -€6.1m | -€3.0m | ▲ 50.8% |
| Income taxes67/77 | - | €272 | - |
| Taxes670/3 | - | €272 | - |
| Profit (loss) for the period9904 | -€6.1m | -€3.0m | ▲ 50.8% |
| Profit (loss) for the period to be appropriated9905 | -€6.1m | -€3.0m | ▲ 50.8% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €175.4m | €159.9m | ▼ 8.8% |
| Fixed assets21/28 | €173.5m | €158.5m | ▼ 8.6% |
| Tangible fixed assets22/27 | €76,130 | €60,820 | ▼ 20.1% |
| Furniture and vehicles24 | €76,130 | €60,820 | ▼ 20.1% |
| Financial fixed assets28 | €173.4m | €158.4m | ▼ 8.6% |
| Affiliated companies280/1 | €173.4m | €158.4m | ▼ 8.6% |
| Participating interests280 | €158.4m | €158.4m | = |
| Amounts receivable281 | €15.0m | - | - |
| Current assets29/58 | €1.9m | €1.4m | ▼ 27.2% |
| Amounts receivable within one year40/41 | €240,815 | €793,978 | ▲ 230% |
| Trade receivables40 | - | €314,036 | - |
| Other amounts receivable41 | €240,815 | €479,942 | ▲ 99.3% |
| Cash at bank and in hand54/58 | €48,829 | €48,181 | ▼ 1.3% |
| Deferred charges and accrued income490/1 | €1.6m | €534,163 | ▼ 66.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €175.4m | €159.9m | ▼ 8.8% |
| Equity10/15 | €119.2m | €116.2m | ▼ 2.5% |
| Contributions10/11 | €125.3m | €125.3m | = |
| Profit (loss) carried forward14 | -€6.1m | -€9.1m | ▼ 49.2% |
| Amounts payable17/49 | €56.1m | €43.7m | ▼ 22.2% |
| Amounts payable after more than one year17 | €41.9m | €43.4m | ▲ 3.7% |
| Financial debts170/4 | €41.9m | €43.4m | ▲ 3.7% |
| Credit institutions173 | €39.8m | €39.8m | = |
| Other loans174 | €2.1m | €3.6m | ▲ 74.1% |
| Amounts payable within one year42/48 | €14.2m | €142,005 | ▼ 99.0% |
| Financial debts43 | €14.1m | - | - |
| Credit institutions430/8 | €14.1m | - | - |
| Trade debts44 | €178,521 | €142,005 | ▼ 20.5% |
| Suppliers440/4 | €178,521 | €142,005 | ▼ 20.5% |
| Accrued charges and deferred income492/3 | €41,894 | €106,562 | ▲ 154% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€6.1m | -€3.0m | ▲ 50.8% |
| + Depreciation and write-downs630 | €419 | €15,310 | ▲ 3,550% |
| Operating cash flow (approximation) | -€6.1m | -€3.0m | ▲ 51.0% |
| Investment in fixed assets (approximation) | - | €15.0m | - |
| Change in cash | - | -€648 | - |
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
2026
25-09
State Gazette act
Reappointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)Permanent representative: Brecht Buysschaert · Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)4 facts ▸
State Gazette act
Reappointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
Permanent representative: Brecht Buysschaert · Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)4 facts ▸
- General meeting, 10-09-2026
- Auditor reappointment, KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
- Permanent representative, Brecht Buysschaert (permanent representative)
- Auditor appointment, KPMG Bedrijfsrevisoren BV/SRL
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
2024
31-12
Financial
Liquidity times 73current ratio 9.69
Current ratio from 0.13 to 9.69; short-term debt falls from €14.2m to €142,005.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
KPMG Réviseurs d'Entreprises
CurrentStatutory auditor · since 25-09-2026 · perm. rep.: Brecht Buysschaert
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 2023
Ground area
5,496 m²
Building footprint
1,193 m²
Volume, LiDAR
18,443 m³
Parcel 23015B0073/00A000, Flanders · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Phoenix Holding
since 20232.345.893.035
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0073/00A000 | Flanders | 5,496 m² | 1 · 1,193 m² | 18.1 m · 5 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.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| KPMG Réviseurs d'Entreprises |
|
Structure & network
Heads the group
Phoenix Holding
4 companies
Group, risk and exposure
Owners and holdings
1 holding · 12 subsidiaries in the treeOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
- PyramidsubsidiaryEquity €20.2mResult -€2.3m100%
All subsidiaries, including indirect ones 12
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
Pyramid 100%11 subsidiaries
- Developers.nlNL 100%
- For a LivingNL 100%
- Open Web ITNL 100%
- PAUWELS CONSULTING 100%
- Pauwels Consulting NederlandNL 100%
- 4People InternationalNL 96.79%
- Pauwels Consulting FranceFR 95%
- Ormit InternationalNL 88.9%
- Science at Work InternationalNL 84.75%
- Pauwels Space & Big ScienceNL 73.3%
- Ormit International B.V.NL consolidated
According to the 2024 annual accounts of Phoenix Holding and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
699400NYQRTCBD7MCB88
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 993 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
Founded25-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
78100Employment placement agencies
85592Vocational training
Contact
E-mail
a.denieuil@anderapartners.com
Phone
+33 6 11 16 49 17
E-invoicing
Reachable via Peppol
Peppol ID
0208:0802117645
Also
9925:BE0802117645
Registered
05-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.