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Phoros

Active
Private limited companyfounded 20206 yrs activeWaterloosesteenweg 1151, 1180 Ukkel, BelgiumKBO/BCE: BE 0745.631.971
Summary

For Phoros, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €106,576 and a net result of -€24,376. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 16% of 12520 sector peers (fiscal year 2022). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability14▼-66
Solvency43▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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 2022
Solvency, return and age of the figures
Solvency
18.2%
Return on assets
-4.2%
Age of the figures
45 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 · 3 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-11-2024, 478 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
478 d late
2021
114 d late
2020
48 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 213 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Phoros was incorporated on 25 March 2020 as a Private limited company.1 Total assets rose from EUR 390,489 in 2020 to EUR 586,247 in 2022 and headcount from 1.5 to 2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2022

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Financials · fiscal year 2022, micro schema

Equity
€106,576▼ 18.6%
2021 · €130,952
Total assets
€586,247▲ 6.2%
2021 · €551,849
Net result
-€24,376
2021 · €47,827
Working capital
€133,981▼ 30.3%
2021 · €192,286
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202020212022
Operating result€103,154-€64,130▼ 37.8%-€19,389
Net result€78,125above the sector's middle half-€47,827within the sector's middle half▼ 38.8%-€24,376below the sector's middle half
Equity€83,125within the sector's middle half-€130,952within the sector's middle half▲ 57.5%€106,576within the sector's middle half▼ 18.6%
Total assets€390,489within the sector's middle half-€551,849above the sector's middle half▲ 41.3%€586,247above the sector's middle half▲ 6.2%
Debt€207,364-€320,897▲ 54.8%€409,671▲ 27.7%
Working capital€173,452-€192,286▲ 10.9%€133,981▼ 30.3%
Solvency21.3%below the sector's middle half-23.7%below the sector's middle half▲ 2.4pp18.2%below the sector's middle half▼ 5.6pp
Staff (FTE)1.5within the sector's middle half-2▲ 33.3%2=
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2020: €103,154€103,154Net result 2020: €78,125€78,125Operating result 2021: €64,130€64,130Net result 2021: €47,827€47,827Operating result 2022: -€19,389-€19,389Net result 2022: -€24,376-€24,376202020212022-€50,000€0€50,000€100,000Operating result 2020: €103,154€103,000Net result 2020: €78,125€78,100Operating result 2021: €64,130€64,100Net result 2021: €47,827€47,800Operating result 2022: -€19,389-€19,400Net result 2022: -€24,376-€24,400202020212022
The operating result turns negative in 2022: a loss of €19,389 after €64,130 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €586,247
Fixed assets €42,595 ▲ 10.2%
Current assets €543,652 ▲ 5.9%
Equity and liabilities €586,247
Equity €106,576 ▼ 18.6%
Provisions €70,000 ▼ 30.0%
Debt €409,671 ▲ 27.7%
Debt's share of the balance-sheet total rises from 58.1% to 69.9%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
-€5,502▼
2021 · €71,200
Cash flow
-€10,490▼
2021 · €54,897
Current ratio
1.33▼
2021 · 1.60
Debt to equity
3.84▲
2021 · 2.45
ROE
-22.9%▼
2021 · 36.5%
ROA
-4.2%▼
2021 · 8.7%
Interest coverage
-1.10▼
2021 · 92.35
Debt ≤ 1 year
€409,671▲
2021 · €320,897
Staff costs
€82,974▲
2021 · €38,489
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 40 lines
Balance sheet Code20212022
Assets
Total assets20/58€551,849€586,247▲
Fixed assets21/28€38,666€42,595▲
Intangible fixed assets21€1,553€970▼
Tangible fixed assets22/27€30,364€34,875▲
Furniture and vehicles24€30,364€34,875▲
Financial fixed assets28€6,750€6,750=
Current assets29/58€513,183€543,652▲
Amounts receivable within one year40/41€272,864€372,752▲
Trade receivables40€8,851-
Other amounts receivable41€264,013€372,752▲
Cash at bank and in hand54/58€240,027€170,436▼
Deferred charges and accrued income490/1€293€465▲
Equity and liabilities
Total equity and liabilities10/49€551,849€586,247▲
Equity10/15€130,952€106,576▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€125,952€101,576▼
Provisions and deferred taxes16€100,000€70,000▼
Provisions for liabilities and charges160/5€100,000€70,000▼
Other liabilities and charges164/5€100,000€70,000▼
Amounts payable17/49€320,897€409,671▲
Amounts payable within one year42/48€320,897€409,671▲
Trade debts44€26,317€49,731▲
Suppliers440/4€26,317€49,731▲
Taxes, remuneration and social security45€294,580€359,940▲
Taxes450/3€281,938€333,924▲
Remuneration and social security454/9€12,642€26,015▲
Income statement Code20212022
Remuneration, social security and pensions62€38,489€82,974▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,070€13,887▲
Provisions for liabilities and charges: additions (uses and reversals)635/8--€30,000
Other operating charges640/8€9,186€11,210▲
Gross operating margin9900€118,874€58,682▼
Operating profit (loss)9901€64,130-€19,389▼
Financial charges65/66B€771€4,987▲
Recurring financial charges65€771€4,987▲
Profit (loss) for the period before taxes9903€63,359-€24,376▼
Income taxes67/77€15,532-
Profit (loss) for the period9904€47,827-€24,376▼
Profit (loss) for the period to be appropriated9905€47,827-€24,376▼
Appropriation of the result
Profit (loss) to be appropriated9906€125,952€101,576▼
Profit (loss) brought forward from the previous period14P€78,125€125,952▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022Change
Remuneration, social security and pensions62-€38,489€82,974▲ 116%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,222€7,070€13,887▲ 96.4%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€30,000-
Other operating charges640/8-€9,186€11,210▲ 22.0%
Gross operating margin9900€289,981€118,874€58,682▼ 50.6%
Operating profit (loss)9901€103,154€64,130-€19,389▼ 130%
Recurring financial income75€1---
Financial charges65/66B-€771€4,987▲ 547%
Recurring financial charges65€41€771€4,987▲ 547%
Profit (loss) for the period before taxes9903€103,113€63,359-€24,376▼ 138%
Income taxes67/77€24,988€15,532--
Profit (loss) for the period9904€78,125€47,827-€24,376▼ 151%
Profit (loss) for the period to be appropriated9905€78,125€47,827-€24,376▼ 151%
Line202020212022Change
Assets
Total assets20/58€390,489€551,849€586,247▲ 6.2%
Fixed assets21/28€9,674€38,666€42,595▲ 10.2%
Intangible fixed assets21-€1,553€970▼ 37.5%
Tangible fixed assets22/27€9,674€30,364€34,875▲ 14.9%
Furniture and vehicles24-€30,364€34,875▲ 14.9%
Financial fixed assets28-€6,750€6,750=
Current assets29/58€380,816€513,183€543,652▲ 5.9%
Amounts receivable within one year40/41€107,196€272,864€372,752▲ 36.6%
Trade receivables40-€8,851--
Other amounts receivable41-€264,013€372,752▲ 41.2%
Cash at bank and in hand54/58€273,551€240,027€170,436▼ 29.0%
Deferred charges and accrued income490/1-€293€465▲ 59.0%
Equity and liabilities
Total equity and liabilities10/49€390,489€551,849€586,247▲ 6.2%
Equity10/15€83,125€130,952€106,576▼ 18.6%
Contributions10/11-€5,000€5,000=
Profit (loss) carried forward14€78,125€125,952€101,576▼ 19.4%
Provisions and deferred taxes16€100,000€100,000€70,000▼ 30.0%
Provisions for liabilities and charges160/5-€100,000€70,000▼ 30.0%
Other liabilities and charges164/5-€100,000€70,000▼ 30.0%
Amounts payable17/49€207,364€320,897€409,671▲ 27.7%
Amounts payable within one year42/48€207,364€320,897€409,671▲ 27.7%
Trade debts44€64,764€26,317€49,731▲ 89.0%
Suppliers440/4-€26,317€49,731▲ 89.0%
Taxes, remuneration and social security45-€294,580€359,940▲ 22.2%
Taxes450/3-€281,938€333,924▲ 18.4%
Remuneration and social security454/9-€12,642€26,015▲ 106%
Line202020212022Change
Profit (loss) for the period9904€78,125€47,827-€24,376▼ 151%
+ Depreciation and write-downs630€1,222€7,070€13,887▲ 96.4%
Operating cash flow (approximation)€79,348€54,897-€10,490▼ 119%
Investment in fixed assets (approximation)--€36,063-€17,815▲ 50.6%
Change in cash--€33,524-€69,591▼ 108%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
20-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 478 days late
2022
31-12
Financial Weakest financial yearnet -€24,376
Net result drops to -€24,376, the lowest in the series.
22-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 114 days late
2021
31-12
Financial Equity above €100,000Eq €130,952 ▲57.5%
2 profitable years in a row build equity to €130,952.
17-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Ukkel · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1,161 m²
Building footprint
717 m²
Volume, LiDAR
8,786 m³
2 parcels, Brussels · tallest building 29.5 m, ±4 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
Phoros
Eugène Plaskylaan 102, 1030 SchaarbeekActivities of lawyers
since 20202.301.059.536
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21612C0294/00Y017 Brussels 616 m² 1 · 175 m² 15.8 m · 4 fl.
21905C0089/00R016 Brussels 545 m² 1 · 543 m² 29.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 7,559 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Contact
E-mail info@phoros.eu
E-invoicing
Not found in the Peppol register

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Scores and ratios are computed by Checked and are not a credit decision.