Phoenix Network
ActiveSummary
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 21,148 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-05-2024 Normal situation
- Activity
- Computer programming NACE 62100and 1 other
- Joint committee
- 227 Paritair Comité voor de audiovisuele sector · annual accounts 2025
- Establishment unit
- 2.360.283.182 2950 Kapellen, since 26-05-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Board and ownership
- JACOBS Veerle Maria FlorDirector · since 26-05-2024
- HOSTE Matthias Noël JacquelineDirector
- Van Wolput JensDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
- Gross margin
- €58,479
- Turnover
- ≈ €140,000
- estimated
- Loss
- €22,903
- Equity
- -€19,903
- Total assets
- €35,069
- Employees on 31-12-2025
- 3
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€19,903Liquidity: current ratio 0.72, cash €453lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €35,069Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 3 |
| full-time | 1 |
| part-time | 2 |
| in full-time equivalents | 1.6 |
| Average over the year, in full-time equivalents | 1.5 |
| On a permanent contract | 1 |
| Joined | 9 |
| Left | 6 |
Source: social balance sheet in the 2025 annual accounts
Investments
| Item | 2025 |
|---|---|
| Intangible fixed assets | €1,260 |
| Depreciation and write-downs of the year | €1,260 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €78,464 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,260 |
| Other operating charges640/8 | €281 |
| Gross operating margin9900 | €58,479 |
| Operating profit (loss)9901 | -€21,526 |
| Financial income75/76B | €420 |
| Recurring financial income75 | €420 |
| Financial charges65/66B | €1,796 |
| Recurring financial charges65 | €1,796 |
| Profit (loss) for the period before taxes9903 | -€22,903 |
| Profit (loss) for the period9904 | -€22,903 |
| Profit (loss) for the period to be appropriated9905 | -€22,903 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €35,069 | |
| Current assets29/58 | €35,069 | |
| Amounts receivable within one year40/41 | €34,348 | |
| Trade receivables40 | €26,363 | |
| Other amounts receivable41 | €7,985 | |
| Cash at bank and in hand54/58 | €453 | |
| Deferred charges and accrued income490/1 | €268 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €35,069 | |
| Equity10/15 | -€19,903 | |
| Contributions10/11 | €3,000 | |
| Profit (loss) carried forward14 | -€22,903 | |
| Amounts payable17/49 | €54,972 | |
| Amounts payable after more than one year17 | €6,000 | |
| Financial debts170/4 | €6,000 | |
| Amounts payable within one year42/48 | €48,639 | |
| Trade debts44 | €3,558 | |
| Suppliers440/4 | €3,558 | |
| Taxes, remuneration and social security45 | €45,081 | |
| Taxes450/3 | €1,260 | |
| Remuneration and social security454/9 | €43,820 | |
| Accrued charges and deferred income492/3 | €333 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€22,903 |
| + Depreciation and write-downs630 | €1,260 |
| Operating cash flow (approximation) | -€21,643 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as Phoenix Network has now. Two years later, 84.9% were still going and 8.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% 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 497,446 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00353924 |
Board & ownership
Directors
Owners and capital
Shareholders
- HOSTE Matthias Noël Jacqueline founder
- JACOBS Veerle Maria Flor founder
- VAN GARSSE Kristiaan Louis Godelieve founder
- Van Wolput Jens founder
Capital transactions
- 29-05-2024 Incorporation · €3,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| HOSTE Matthias Noël Jacqueline |
|
| JACOBS Veerle Maria Flor |
|
| Van Wolput Jens |
|
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 29-05-2024 (in Dutch)
Network & group
Phoenix Network shares no director with another company.
Companies at the same address
3 other companiesConnections & network
3 current directorsThe network starts from the directors of Phoenix Network. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
29-05
Gazette deed
IncorporationStarting capital €3,000 · Appointments: HOSTE Matthias Noël Jacqueline, Van Wolput Jens and JACOBS Veerle Maria Flor · Board rule · Founder12 points ▸
- Board rule, 3, “oprichters” (deed in Dutch)
- Director appointment, HOSTE Matthias Noël Jacqueline (director (not named in the articles))
- Director appointment, Van Wolput Jens (director (not named in the articles))
- Director appointment, JACOBS Veerle Maria Flor (director (not named in the articles))
- Board meeting, “na samenstelling verenigd met oog op benoeming voorzitter en gedelegeerd bestuurder, college van bestuurders” (deed in Dutch)
- Other provision, “uitgifte uittreksel, voorafgaand registratie” (deed in Dutch)
- Incorporation, “onder opschortende voorwaarde van het vervullen van de openbaarmakingsvereiste”, 21-05-2024 (deed in Dutch)
- Founder, HOSTE Matthias Noël Jacqueline
- Founder, JACOBS Veerle Maria Flor
- Founder, VAN GARSSE Kristiaan Louis Godelieve
- Founder, Van Wolput Jens
- Founding capital, €3,000
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
6 activities
- Online game-revival
- Ontwikkeling games
- Overige adviesbureaus op het gebied van bedrijfsbeheer,adviesbureaus op het gebied van bedrijfsvoering
- Overige zakelijke dienstverlening
- Management activiteiten van holdings:tussenkomen in het dagelijks bestuur,vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal/vermogen,enzovoort.
- De vennootschap mag voor eigen rekening of voor rekening van derden alle commerciële,industriële,financiële,burgerlijke,roerende en onroerende handelingen of verrichtingen stellen,die haar nuttig voorkomen om rechtstreeks of onrechtstreeks haar voorwerp te realiseren of de realisatie ervan te bevorderen of te vergemakkelijken.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11902H0132/00N002 | Flanders | 767 m² | 1 · 129 m² | 0.5 m |