PHOENIX SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of PHOENIX SERVICES is 3.2% (moderate). The 2025 annual accounts show negative equity (€-20k) and a net result of €-428. Equity is shrinking by ~2.7% per year across the filed fiscal years. The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency-
Growth32=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-20k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
153 d late
2022
61 d late
2021
61 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-20k▼ 2.2%
2024 · €-19k
2018: €-17k
2019: €-17k▲ +2.8% vs 2018
2020: €-15k▲ +12.6% vs 2019
2021: €-11k▲ +27.5% vs 2020highest in 8 years
2022: €-17k▼ -59.3% vs 2021
2023: €-19k▼ -8.5% vs 2022
2024: €-19k▼ -4.2% vs 2023
2025: €-20k▼ -2.2% vs 2024lowest in 8 years
2018 → 2025
Total assets
€3k▼ 18.4%
2020 · €3k
2018: €3k
2019: €2k▼ -29.1% vs 2018lowest in 4 years
2020: €3k▲ +58.3% vs 2019highest in 4 years
2021: €3k▼ -18.4% vs 2020
2018 → 2021
Net result
€-428▲ 45.7%
2024 · €-787
2018: €2k
2019: €497▼ -77.8% vs 2018
2020: €2k▲ +330% vs 2019
2021: €4k▲ +91.3% vs 2020highest in 8 years
2022: €-6k▼ -256% vs 2021lowest in 8 years
2023: €-1k▲ +77.3% vs 2022
2024: €-787▲ +45.7% vs 2023
2025: €-428▲ +45.7% vs 2024
2018 → 2025
Working capital
€-7k▲ 35.7%
2020 · €-11k
2018: €-14klowest in 4 years
2019: €-14k▲ +3.5% vs 2018
2020: €-11k▲ +15.7% vs 2019
2021: €-7k▲ +35.7% vs 2020highest in 4 years
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-11k-€-17k▼ 59.3%€-19k▼ 8.5%€-19k▼ 4.2%€-20k▼ 2.2%
2021: €-11khighest in 5 years
2022: €-17k▼ -59.3% vs 2021
2023: €-19k▼ -8.5% vs 2022
2024: €-19k▼ -4.2% vs 2023
2025: €-20k▼ -2.2% vs 2024lowest in 5 years
Operating result€5k-€-5k€-407▲ 92.2%€-411▼ 1.1%€-428▼ 4.0%
2021: €5khighest in 5 years
2022: €-5k▼ -201% vs 2021lowest in 5 years
2023: €-407▲ +92.2% vs 2022
2024: €-411▼ -1.1% vs 2023
2025: €-428▼ -4.0% vs 2024
Net result€4k-€-6k€-1k▲ 77.3%€-787▲ 45.7%€-428▲ 45.7%
2021: €4khighest in 5 years
2022: €-6k▼ -256% vs 2021lowest in 5 years
2023: €-1k▲ +77.3% vs 2022
2024: €-787▲ +45.7% vs 2023
2025: €-428▲ +45.7% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €428 in 2025 against €411 in 2024; the loss grows.
Key figures and ratios
Debt to equity
-1.00=
2024 · -1.00
Debt
€20k▲
2024 · €19k
Debt ≤ 1 year
€20k▲
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet
Code20242025
Equity and liabilities
Total equity and liabilities10/49€0€0=
Equity10/15€-19k€-20k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-40k€-40k▼
Amounts payable17/49€19k€20k▲
Amounts payable after more than one year17€5k-
Other amounts payable178/9€5k-
Amounts payable within one year42/48€14k€20k▲
Financial debts43€95-
Credit institutions430/8€95-
Trade debts44€811€823▲
Suppliers440/4€811€823▲
Other amounts payable47/48€13k€19k▲
Income statement
Code20242025
Other operating charges640/8€411€428▲
Gross operating margin9900€0€0=
Operating profit (loss)9901€-411€-428▼
Financial charges65/66B€376-
Recurring financial charges65€376-
Profit (loss) for the period before taxes9903€-787€-428▲
Profit (loss) for the period9904€-787€-428▲
Profit (loss) for the period to be appropriated9905€-787€-428▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-40k▼
Profit (loss) brought forward from the previous period14P€-39k€-40k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €348 | €468 | €407 | €411 | €428 | ▲ 4.0% |
| Non-recurring operating charges66A | - | €2k | - | - | - | - |
| Gross operating margin9900 | €6k | €-3k | €0 | €0 | €0 | - |
| Operating profit (loss)9901 | €5k | €-5k | €-407 | €-411 | €-428 | ▼ 4.0% |
| Financial income75/76B | €1 | €0 | - | - | - | - |
| Recurring financial income75 | €1 | €0 | - | - | - | - |
| Financial charges65/66B | €1k | €1k | €1k | €376 | - | - |
| Recurring financial charges65 | €1k | €1k | €1k | €376 | - | - |
| Profit (loss) for the period before taxes9903 | €4k | €-6k | €-1k | €-787 | €-428 | ▲ 45.7% |
| Income taxes67/77 | €0 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €4k | €-6k | €-1k | €-787 | €-428 | ▲ 45.7% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-6k | €-1k | €-787 | €-428 | ▲ 45.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3k | - | - | - | - | - |
| Fixed assets21/28 | €2k | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €2k | - | - | - | - | - |
| Current assets29/58 | €1k | - | - | - | - | - |
| Stocks and contracts in progress3 | €125 | - | - | - | - | - |
| Stocks30/36 | €125 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €802 | - | - | - | - | - |
| Deferred charges and accrued income490/1 | €309 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3k | €0 | €0 | €0 | €0 | - |
| Equity10/15 | €-11k | €-17k | €-19k | €-19k | €-20k | ▼ 2.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-31k | €-38k | €-39k | €-40k | €-40k | ▼ 1.1% |
| Amounts payable17/49 | €14k | €17k | €19k | €19k | €20k | ▲ 2.2% |
| Amounts payable after more than one year17 | €5k | €5k | €5k | €5k | - | - |
| Other amounts payable178/9 | €5k | €5k | €5k | €5k | - | - |
| Amounts payable within one year42/48 | €9k | €12k | €14k | €14k | €20k | ▲ 37.8% |
| Financial debts43 | €5k | €5k | €6k | €95 | - | - |
| Credit institutions430/8 | €5k | €5k | €6k | €95 | - | - |
| Trade debts44 | €832 | €771 | €808 | €811 | €823 | ▲ 1.5% |
| Suppliers440/4 | €832 | €771 | €808 | €811 | €823 | ▲ 1.5% |
| Other amounts payable47/48 | €3k | €6k | €7k | €13k | €19k | ▲ 40.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-6k | €-1k | €-787 | €-428 | ▲ 45.7% |
| Operating cash flow (approximation) | €4k | €-6k | €-1k | €-787 | €-428 | ▲ 45.7% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Highest result since 2018net €4k ▲91.3%
Operating result €5k, net result €4k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 98 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Kortenberg
Ground area
892 m²
Building footprint
288 m²
Volume, LiDAR
1,448 m³
Parcel 24055B0172/00C006, Flanders · tallest building 13.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24055B0172/00C006 | Flanders | 892 m² | 1 · 288 m² | 13.0 m · 2 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded02-02-2004
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.