Financials
- Fiscal year
- 2024
- Total assets
- €305,911
- Profit
- €8,656
- Solvency
- 28.6%
Total assets▲ 0.5%
Net result
20182024
PHUONG HUY
ActiveSummary
The computed 12-month bankruptcy probability of PHUONG HUY is 3.9% (moderate). The 2024 annual accounts show equity of €87,466 and a net result of €8,656. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 54% of 1762 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Event catering
NACE 56210
1 site
How big
€305,911total assets 2024
- Staff
- 4.3 FTE
- Equity
- €87,466
- Profit
- €8,656
Who decides
Accounts 63 d overdue0 of 1 deed read
Why 48- Figures for FY 2024 (filed 27-10-2025)- Sector Food and beverage service activities (NACE 56)- 1 financial year not filed after the legal deadline; latest accounts 88 days late; 2 of the last 3 late+ Founded in 2009Show the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 39% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
54+3
equity 28.6% of total assets
Liquidity
25-6
short-term debt 69.9% · cash 9.9%
Profitability
37+4
return on assets 2.8%
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Figures for FY 2024 (filed 27-10-2025) raises the probability
- Founded in 2009 lowers the probability for this profile
- Sector Food and beverage service activities (NACE 56) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 88 days late; 2 of the last 3 late raises the probability
Credit up to €4,000 at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.21 in 2023; short-term debt: 69.9% and cash: 9.9% of total assets), and 71.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 49%, liquidity 20%, profitability 30%, growth against the median 57%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €87,466
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 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
88 d late
2023
92 d late
2022
on the day
2021
89 d late
2020
3 d early
2019
109 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 63 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Weakest financial yearnet €8,656 ▼17.5%
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Timeline
- Events
- 15
- Since
- 2016
- 27-10-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 31-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Event cateringNACE 56210
- Founded
- 11-12-2009
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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