PHOENIX TRADING COMPANY
Open bankruptcyA bankruptcy procedure is open for PHOENIX TRADING COMPANY according to publications in the Belgian State Gazette; curator: PHILIPPE-ROBERT SCHREDER. The 2024 annual accounts show equity of €67k and a net result of €-43k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 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
not confirmed
2024
6 d late
2023
1 d early
2022
28 d early
2021
9 d early
2020
5 d early
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-43k
2023 · €27k
2018: €54k
2019: €-100k
2020: €6k
2021: €-15k
2022: €35k
2023: €27k
2018 → 2024
Working capital
€-137k▼ 158%
2023 · €-53k
2018: €44k
2019: €-73k
2020: €167k
2021: €-7k
2022: €-46k
2023: €-53k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€64k-€49k▼ 24.1%€83k▲ 71.5%€110k▲ 32.3%€67k▼ 38.8%
Operating result€19k-€-5k€48k€61k▲ 26.6%€-17k
Net result€6k-€-15k€35k€27k▼ 22.6%€-43k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €17k after €61k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €748k
Fixed assets
€230k▼ 8.7%
Current assets
€518k▼ 18.8%
Equity and liabilities €748k
Equity
€67k▼ 38.8%
Debt
€681k▼ 12.7%
The debt ratio rises from 87.6% to 91.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2023 · €84k
Cash flow
€-21k▼
2023 · €50k
Solvency
9.0%▼
2023 · 12.4%
Current ratio
0.79▼
2023 · 0.92
Quick ratio
0.67▼
2023 · 0.67
Debt / equity
10.10▲
2023 · 7.08
ROE
-63.3%▼
2023 · 24.4%
ROA
-5.7%▼
2023 · 3.0%
Interest coverage
0.20▼
2023 · 2.66
Debt
€681k▼
2023 · €780k
Debt ≤ 1 year
€656k▼
2023 · €691k
Debt > 1 year
€19k▼
2023 · €71k
Income taxes
€430▼
2023 · €3k
Staff costs
€361k▲
2023 · €307k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€890k€748k▼
Fixed assets21/28€252k€230k▼
Tangible fixed assets22/27€229k€207k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€3k€3k▼
Other tangible fixed assets26€221k€202k▼
Financial fixed assets28€23k€23k=
Current assets29/58€638k€518k▼
Amounts receivable after more than one year29€135k€130k▼
Other amounts receivable291€135k€130k▼
Stocks and contracts in progress3€172k€79k▼
Stocks30/36€172k€79k▼
Amounts receivable within one year40/41€273k€251k▼
Trade receivables40€159k€126k▼
Other amounts receivable41€114k€124k▲
Cash at bank and in hand54/58€55k€57k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€890k€748k▼
Equity10/15€110k€67k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€90k€47k▼
Amounts payable17/49€780k€681k▼
Amounts payable after more than one year17€71k€19k▼
Financial debts170/4€71k€19k▼
Amounts payable within one year42/48€691k€656k▼
Current portion of amounts payable after more than one year42€141k€67k▼
Trade debts44€378k€346k▼
Suppliers440/4€378k€346k▼
Taxes, remuneration and social security45€134k€174k▲
Taxes450/3€38k€47k▲
Remuneration and social security454/9€96k€127k▲
Other amounts payable47/48€38k€69k▲
Accrued charges and deferred income492/3€17k€6k▼
Income statement
Code20232024
Remuneration, social security and pensions62€307k€361k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€22k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€25k▲
Other operating charges640/8€10k€14k▲
Gross operating margin9900€405k€405k=
Operating profit (loss)9901€61k€-17k▼
Financial income75/76B€244€270▲
Recurring financial income75€244€270▲
Financial charges65/66B€32k€26k▼
Recurring financial charges65€32k€26k▼
Profit (loss) for the period before taxes9903€30k€-42k▼
Income taxes67/77€3k€430▼
Profit (loss) for the period9904€27k€-43k▼
Profit (loss) for the period to be appropriated9905€27k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€47k▼
Profit (loss) brought forward from the previous period14P€63k€90k▲
Social balance
Average headcount (FTE)908711.511.5=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
18-02
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · PHOENIX TRADING COMPANY SRL RUE MAX LAMBERT 37, 6030 MARCHIENNE-AU-PONT · event 02-02-2026
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 6 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €100kEq €110k ▲32.3%
2 profitable years in a row build equity to €110k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-100k ▼286%
Net result drops to €-100k, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial 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, Charleroi · 1 establishment unit since 2009
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.
Rue Max Lambert 376030 CharleroiGround area
216 m²
Building footprint
44 m²
Volume, LiDAR
462 m³
Parcel 52044B0499/00S008, Wallonia · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PHOENIX TRADING COMPANY
since 20092.177.552.802
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52044B0499/00S008 | Wallonia | 216 m² | 1 · 44 m² | 13.5 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PHILIPPE-ROBERT SCHREDER CHAUSSEE DE
MONTIGNY 89/A, 6060 GILLY (CHARLEROI)- .
Date provisoire de cessation de paiement : 02/02/2026 |
02-02-2026 → present |
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Of 21,908 companies in sector 56112 we hold annual accounts for 9,783. 8,197 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-05-1993
Fiscal year end31-12
Activities, NACEBEL
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.