PHONE-IT
ActiveThe computed 12-month bankruptcy probability of PHONE-IT is 6.7% (elevated). The 2022 annual accounts show equity of €6k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2007 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2022
Axes · tick = 2021
Profitability100▲+100
Solvency11▼-19
Growth78▲+46
Stability92
Bankruptcy probability, 12 months
6.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.99 against 1.73 in 2021), and 99.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
0.5%
Return on assets
0.4%
Age of the figures
44 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline15-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 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
not filed
2023
not filed
2022
30 d late
2021
89 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2022, micro schema
Turnover
€57k
EBIT margin
-28.3%
Net result
€4k
2021 · €-16k
2018: €3k
2019: €11k
2020: €3k
2021: €-16k
2018 → 2022
Working capital
€-9k
2021 · €18k
2018: €20k
2019: €30k
2020: €34k
2021: €18k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€57k
Equity€4k-€15k▲ 256%€18k▲ 21.8%€2k▼ 89.9%€6k▲ 227%
Operating result€4k-€11k▲ 199%€3k▼ 68.1%€-16k€4k
Net result€3k-€11k▲ 218%€3k▼ 69.6%€-16k€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €4k after a loss of €16k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.13M
Fixed assets
€14k▲ 81.0%
Current assets
€1.11M▲ 2,542%
Equity and liabilities €1.13M
Equity
€6k▲ 227%
Debt
€1.12M▲ 2,221%
The debt ratio rises from 96.4% to 99.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€5k▲
2021 · €-16k
Cash flow
€5k▲
2021 · €-16k
Solvency
0.5%▼
2021 · 3.6%
Current ratio
0.99▼
2021 · 1.73
Quick ratio
0.43▼
2021 · 1.01
ROE
69.4%▲
2021 · -892.7%
ROA
0.4%▲
2021 · -32.2%
Interest coverage
18.15▲
2021 · -159.09
Debt
€1.12M▲
2021 · €48k
Debt ≤ 1 year
€1.12M▲
2021 · €24k
Staff costs
€26k▲
2021 · €15k
A ratio outside any meaningful range has been withheld (balance sheet total €1.13M, equity €6k).
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€50k€1.13M▲
Fixed assets21/28€8k€14k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€501€7k▲
Plant, machinery and equipment23€501€177▼
Furniture and vehicles24€0€7k▲
Financial fixed assets28€8k€8k=
Current assets29/58€42k€1.11M▲
Stocks and contracts in progress3€18k€625k▲
Stocks30/36€18k€625k▲
Amounts receivable within one year40/41€2k€441k▲
Trade receivables40€2k€439k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€23k€46k▲
Deferred charges and accrued income490/1€16-
Equity and liabilities
Total equity and liabilities10/49€50k€1.13M▲
Equity10/15€2k€6k▲
Contributions10/11€19k€19k=
Reserves13€631€631=
Non-distributable reserves130/1€631€631=
Reserves not available under the articles1311€631€631=
Profit (loss) carried forward14€-17k€-13k▲
Amounts payable17/49€48k€1.12M▲
Amounts payable after more than one year17€24k-
Other amounts payable178/9€24k-
Amounts payable within one year42/48€24k€1.12M▲
Trade debts44€568€1.09M▲
Suppliers440/4€568€1.01M▲
Bills of exchange payable441-€81k
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€525€54▼
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€20k€29k▲
Income statement
Code20212022
Turnover70€57k-
Goods, raw materials, services and sundry goods60/61€58k-
Remuneration, social security and pensions62€15k€26k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€324€518▲
Other operating charges640/8-€485
Gross operating margin9900€-725€32k▲
Operating profit (loss)9901€-16k€4k▲
Financial income75/76B€75€1▼
Recurring financial income75€75€1▼
Financial charges65/66B€99€269▲
Recurring financial charges65€99€269▲
Profit (loss) for the period before taxes9903€-16k€4k▲
Profit (loss) for the period9904€-16k€4k▲
Profit (loss) for the period to be appropriated9905€-16k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-13k▲
Profit (loss) brought forward from the previous period14P€-1k€-17k▼
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
2025
04-04
KBO administration
Address struck
Bollinckxstraat 15 Die Sitzadresse Rue Bollinckx / Bollinckx-
Anderlecht · event 31-01-2025
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-12
Financial
Weakest financial yearnet €-16k ▼602%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Highest result since 2018net €11k ▲218%
Operating result €11k, net result €11k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
31-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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
2 establishment units 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.
Ground area
8,692 m²
Building footprint
893 m²
Volume, LiDAR
6,230 m³
3 parcels, Brussels, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
PHONE-IT
since 20092.180.074.406
Brusselsesteenweg 65, 3080 Tervuren
since 20142.235.622.049
3 parcels
Flanders
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0232/00W000 | Brussels | 8,562 m² | 1 · 754 m² | 13.1 m · 2 fl. |
| 24302D0014/00V000 | Flanders | 73 m² | 1 · 73 m² | 12.4 m · 4 fl. |
| 21001A0619/00K002 | Brussels | 56 m² | 1 · 66 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2007
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:phoneit@outlook.be