Equity
-€19,903
Debts exceed assets in financial year 2025.
Phoenix Network
Lifetime
1 annual account with figurespeak €58,479 (2025)
€58,479
lowest -€22,903 (2025)
-€22,903
peak -€19,903 (2025)
-€19,903
€54,972
Board3 names since 2024
3 directorsJACOBS Veerle Maria Flor and 2 others
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Loss of €22,903First year with figures
Key points
from the 2025 annual accountsDebts
€54,972 157% of the balance sheet
Financial debts 11%Suppliers 6%Taxes and wages 82%
Of this, €48,639 falls due within a year.
Position in the sector
-56.8%
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 21,208 companies.
Checked score
52
Fair
Financially stronger than 3% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2025: 0.4%lowest value
07-2025: 0.4%● unchanged vs 06-2025lowest value
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.5%▲ +0.1 percentage points vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.3 percentage points vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026highest value
10-2026: 0.9%● unchanged vs 09-2026highest value
11-2026: 0.9%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€19,903
Liquidity: current ratio 0.72, cash €453
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €35,069
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 3% of them on solvency, 2% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as Phoenix Network has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Phoenix Network itself is lower: 0.9% within 12 months. It rests on far more data about Phoenix Network than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for Phoenix Network. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.72, below 1. Short-term debt is 138.7% and cash 1.3% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 day early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- HOSTE Matthias Noël Jacqueline founderdeed of 29-05-2024
- JACOBS Veerle Maria Flor founderdeed of 29-05-2024
- VAN GARSSE Kristiaan Louis Godelieve founderdeed of 29-05-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1009689529
Incorporation
Founding capital of €3,000, 100 shares · Founders: HOSTE Matthias Noël Jacqueline, JACOBS Veerle Maria Flor, VAN GARSSE Kristiaan Louis Godelieve and 1 other · Appointments: HOSTE Matthias Noël Jacqueline, Van Wolput Jens and JACOBS Veerle Maria Flor · published on 29-05-2024 · Gazette deed
First establishment
Oude Heidestraat 8, Kapellen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Phoenix Network Kapellen | €35,069 | €58,479 | -56.8% | - |
| TECH ART Y Namur | €39,807 | €50,105 | 89.1% | - |
| DALTONS Lint | €30,718 | €40,680 | 85.0% | - |
| OPI Antwerp | €33,508 | €41,062 | 90.0% | - |
| Prinspire Digital Willebroek | €52,929 | €51,561 | 78.4% | - |
| Spark Logic Antwerp | €44,619 | €51,356 | 60.2% | - |
| A31C Walhain | €35,895 | €76,509 | 3.4% | - |
These companies have the same main activity as Phoenix Network: computer programming (NACE 62100). They are comparable in size and age: total assets between €30,700 and €52,900, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 26-05-2024Normal situation
- Activity
- Computer programmingNACE 62100and 1 other
- Joint committee
- 227Audiovisual sector · annual accounts 2025
- Establishment unit
- 2.360.283.1822950 Kapellen, since 26-05-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Annual accounts 2025
- ≈ €140,000estimated
- €35,069
- Employeeson 31-12-2025
- 3
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on Phoenix Network
Phoenix Network has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€19,903) and a net result of -€22,903.
Its solvency ranks better than 5% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Phoenix Network
- What is the company number of Phoenix Network?
- The company number of Phoenix Network is 1009.689.529. The VAT number is the same number with BE in front: BE 1009.689.529.
- Where is Phoenix Network based?
- The registered office is at Oude Heidestraat 8, 2950 Kapellen.Company details
- What does Phoenix Network do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Phoenix Network?
- Phoenix Network is a private limited company (BV).
- When was Phoenix Network founded?
- Phoenix Network was founded on 26-05-2024.
- Is Phoenix Network still active?
- Yes, Phoenix Network is an active enterprise in the KBO register.
- How many employees does Phoenix Network have?
- Phoenix Network had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Phoenix Network fall under?
- In its 2025 annual accounts, Phoenix Network states joint committee 227 (Audiovisual sector).
- What is the turnover of Phoenix Network?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €58,479 and 41 comparable companies (NACE 62100). It probably lies between €110,000 and €170,000.
- Is Phoenix Network profitable?
- In financial year 2025, Phoenix Network made a loss of €22,903.
- Where can I find the annual accounts of Phoenix Network?
- Phoenix Network filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See whether the workforce is growing and whether people stay.Employer check
See how customers, suppliers and banks see your own company and what to improve first.