PHS MANAGEMENT
ActivePHS MANAGEMENT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109k and a net result of €63k. Equity is growing by ~30.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 6974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+7
Solvency73▼-27
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 9.09 in 2024; short-term debt: 51.6% and cash: 9.6% of total assets), but 51.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.2%
Return on assets
27.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-03-2026, 134 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
134 d early
2024
35 d early
2023
37 d early
2022
35 d early
2021
23 d late
2020
12 d late
2019
61 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€109k▼ 70.2%
2024 · €366k
2018: €72k
2019: €90k
2020: €126k
2021: €172k
2022: €222k
2023: €281k
2024: €366k
2018 → 2025
Total assets
€226k▼ 45.1%
2024 · €412k
2018: €98k
2019: €116k
2020: €152k
2021: €206k
2022: €258k
2023: €317k
2024: €412k
2018 → 2025
Net result
€63k▼ 20.5%
2024 · €79k
2018: €21k
2019: €17k
2020: €36k
2021: €47k
2022: €50k
2023: €58k
2024: €79k
2018 → 2025
Working capital
€110k▼ 70.1%
2024 · €367k
2018: €69k
2019: €89k
2020: €124k
2021: €171k
2022: €222k
2023: €281k
2024: €367k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€172k-€222k▲ 28.9%€281k▲ 26.3%€366k▲ 30.4%€109k▼ 70.2%
Operating result€52k-€50k▼ 2.4%€63k▲ 24.3%€84k▲ 33.6%€74k▼ 11.1%
Net result€47k-€50k▲ 6.6%€58k▲ 17.3%€79k▲ 35.5%€63k▼ 20.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €226k
Equity
€109k▼ 70.2%
Debt
€117k▲ 155%
The debt ratio rises from 11.1% to 51.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€74k▼
2024 · €84k
Cash flow
€63k▼
2024 · €80k
Solvency
48.2%▼
2024 · 88.9%
Current ratio
1.94▼
2024 · 9.09
Quick ratio
1.94▼
2024 · 9.09
Debt / equity
1.08▲
2024 · 0.13
ROE
57.7%▲
2024 · 21.6%
ROA
27.8%▲
2024 · 19.2%
Interest coverage
24.52▼
2024 · 52.54
Debt
€117k▲
2024 · €46k
Debt ≤ 1 year
€117k▲
2024 · €45k
Income taxes
€17k▼
2024 · €23k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€412k€226k▼
Fixed assets21/28€155-
Tangible fixed assets22/27€155-
Furniture and vehicles24€155-
Current assets29/58€412k€226k▼
Amounts receivable within one year40/41€344k€186k▼
Other amounts receivable41€344k€186k▼
Cash at bank and in hand54/58€46k€22k▼
Deferred charges and accrued income490/1€22k€18k▼
Equity and liabilities
Total equity and liabilities10/49€412k€226k▼
Equity10/15€366k€109k▼
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€346k€89k▼
Amounts payable17/49€46k€117k▲
Amounts payable within one year42/48€45k€117k▲
Trade debts44€595€1k▲
Suppliers440/4€595€1k▲
Taxes, remuneration and social security45€45k€45k▲
Taxes450/3€45k€45k▲
Other amounts payable47/48-€70k
Accrued charges and deferred income492/3€616€567▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€298€155▼
Other operating charges640/8€466€471▲
Gross operating margin9900€84k€75k▼
Operating profit (loss)9901€84k€74k▼
Financial income75/76B€20k€9k▼
Recurring financial income75€20k€9k▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€102k€80k▼
Income taxes67/77€23k€17k▼
Profit (loss) for the period9904€79k€63k▼
Profit (loss) for the period to be appropriated9905€79k€63k▼
Appropriation of the result
Profit (loss) to be appropriated9906€346k€409k▲
Profit (loss) brought forward from the previous period14P€266k€346k▲
Profit to be distributed694/7-€320k
Return on contributions (dividend)694-€320k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €79k ▲35.5%
Operating result €84k, net result €79k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €222k ▲28.9%
5 profitable years in a row build equity to €222k.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Equity above €150kEq €172k ▲37.2%
4 profitable years in a row build equity to €172k.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
31-12
Financial
Equity above €100kEq €126k ▲40.5%
3 profitable years in a row build equity to €126k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
31-12
Financial
Weakest financial yearnet €17k ▼17%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 45 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial 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, Liedekerke · 1 establishment unit since 2015
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.
Pijpstraat 421770 LiedekerkeGround area
1,001 m²
Building footprint
375 m²
Volume, LiDAR
2,892 m³
2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PHS Management
since 20152.248.490.682
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0304/00B003 | Flanders | 796 m² | 1 · 308 m² | 12.2 m · 3 fl. |
| 23044A0424/00C000 | Flanders | 206 m² | 1 · 67 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,426 companies in sector 73300 we hold annual accounts for 6,900. 5,578 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-12-2015
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.