PHONEPRICE
ActiveThe computed 12-month bankruptcy probability of PHONEPRICE is 1.6% (moderate). The 2024 annual accounts show equity of €57k and a net result of €3k. Equity is growing by ~29.5% per year across the filed fiscal years. Its solvency ranks better than 36% of 26048 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability58▲+2
Solvency42▼-3
Growth55=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.24 in 2023; short-term debt: 83.2% and cash: 19.8% of total assets), and 83.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
16.8%
Return on assets
1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
62 d late
2022
55 d late
2021
70 d late
2020
32 d early
2019
56 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€1.44M▲ 2.8%
2022 · €1.40M
2018: €993k
2019: €648k
2022: €1.40M
2018 → 2023
EBIT margin
0.8%▼ 1.2pp
2022 · 2.1%
2018: 1.4%
2019: 0.7%
2022: 2.1%
2018 → 2023
Net result
€3k▼ 23.4%
2023 · €4k
2018: €11k
2019: €3k
2020: €9k
2021: €3k
2022: €9k
2023: €4k
2018 → 2024
Working capital
€56k▲ 11.8%
2023 · €50k
2018: €9k
2019: €-19k
2020: €-1k
2021: €22k
2022: €38k
2023: €50k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.40M€1.44M▲ 2.8%
Equity€25k-€40k▲ 63.5%€49k▲ 21.7%€53k▲ 9.2%€57k▲ 6.4%
Operating result€4k-€9k▲ 99.4%€29k▲ 226%€12k▼ 57.8%€7k▼ 43.2%
Net result€9k-€3k▼ 62.5%€9k▲ 171%€4k▼ 48.5%€3k▼ 23.4%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 43% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €339k
Fixed assets
€772▼ 76.3%
Current assets
€338k▲ 28.8%
Equity and liabilities €339k
Equity
€57k▲ 6.4%
Debt
€282k▲ 32.8%
The debt ratio rises from 79.9% to 83.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10k▼
2023 · €20k
Cash flow
€7k▼
2023 · €12k
Solvency
16.8%▼
2023 · 20.1%
Current ratio
1.20▼
2023 · 1.24
Quick ratio
0.41▲
2023 · 0.15
Debt / equity
4.96▲
2023 · 3.97
ROE
6.1%▼
2023 · 8.4%
ROA
1.0%▼
2023 · 1.7%
Interest coverage
4.59▼
2023 · 6.05
Debt
€282k▲
2023 · €212k
Debt ≤ 1 year
€282k▲
2023 · €212k
Income taxes
€1k▼
2023 · €4k
Staff costs
€64k▲
2023 · €58k
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€266k€339k▲
Fixed assets21/28€3k€772▼
Tangible fixed assets22/27€3k€772▼
Plant, machinery and equipment23€402€772▲
Furniture and vehicles24€3k€0▼
Current assets29/58€262k€338k▲
Stocks and contracts in progress3€231k€224k▼
Stocks30/36€231k€224k▼
Amounts receivable within one year40/41€3k€46k▲
Other amounts receivable41€3k€46k▲
Cash at bank and in hand54/58€27k€67k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€266k€339k▲
Equity10/15€53k€57k▲
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€33k€37k▲
Amounts payable17/49€212k€282k▲
Amounts payable within one year42/48€212k€282k▲
Trade debts44€134k€212k▲
Suppliers440/4€134k€212k▲
Taxes, remuneration and social security45€21k€31k▲
Taxes450/3€14k€21k▲
Remuneration and social security454/9€7k€10k▲
Other amounts payable47/48€57k€39k▼
Income statement
Code20232024
Turnover70€1.44M-
Goods, raw materials, services and sundry goods60/61€1.37M-
Remuneration, social security and pensions62€58k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€3k▼
Other operating charges640/8€219€206▼
Non-recurring operating charges66A€840-
Gross operating margin9900€79k€75k▼
Operating profit (loss)9901€12k€7k▼
Financial income75/76B€12€186▲
Recurring financial income75€12€186▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€9k€5k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€4k€3k▼
Profit (loss) for the period to be appropriated9905€4k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€37k▲
Profit (loss) brought forward from the previous period14P€29k€33k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
24-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 55 days late
2022
09-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 70 days late
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 56 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 175 days late
2019
31-12
Financial
Weakest financial yearnet €3k ▼74.7%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Elsene · 1 establishment unit since 2016
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.
Elsense Steenweg 901050 ElseneGround area
147 m²
Building footprint
119 m²
Volume, LiDAR
1,210 m³
Parcel 21009A0689/00G000, Brussels · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PHONEPRICE
since 20162.251.654.565
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0689/00G000 | Brussels | 147 m² | 1 · 119 m² | 15.6 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.
Similar companies · same sector, comparable size
LE SCRIPT
BE 0429.632.497
Ottignies-Louvain-la-Neuve · Eq €57k
POLDER PC
BE 0551.980.775
Antwerpen · Eq €57k
INFINITE INDUSTRIES
BE 0841.219.830
Putte · Eq €57k
The Phone Repair
BE 0757.620.478
Antwerpen · Eq €57k
Cnapelinckx
BE 0685.970.736
Londerzeel · Eq €57k
Of 3,226 companies in sector 47400 we hold annual accounts for 1,807. 1,448 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2015
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47420Retail trade
61100Wired, wireless and satellite telecommunications
61200Telecommunications resale and intermediation services
61900Telecommunications
95100Repair and maintenance of computers and communication equipment
95120Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@phoneprice.be
Phone:025130436