PHYLEAS
ActiveSummary
PHYLEAS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,000 and a net result of €81,114. Equity is shrinking by ~26.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 11% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency28=
Growth58=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 31958 sector peers (2025).
NBB · sector comparisonPosition among 31958 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
39 d early
2024
22 d early
2023
126 d early
2022
26 d early
2021
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 51 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 23 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€3,000=
2024 · €3,000
Total assets
€88,935▼ 7.1%
2024 · €95,754
Net result
€81,114▲ 6.1%
2024 · €76,474
Working capital
-€7,396
2024 · €2,759
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20212022202320242025
Operating result€32,910-€61,278▲ 86.2%€91,157▲ 48.8%€97,761▲ 7.2%€104,478▲ 6.9%
Net result€25,405within the sector's middle half-€46,724within the sector's middle half▲ 83.9%€71,221above the sector's middle half▲ 52.4%€76,474above the sector's middle half▲ 7.4%€81,114above the sector's middle half▲ 6.1%
Equity€28,405within the sector's middle half-€75,129within the sector's middle half▲ 164%€146,350within the sector's middle half▲ 94.8%€3,000below the sector's middle half▼ 98.0%€3,000below the sector's middle half=
Total assets€56,866below the sector's middle half-€102,727within the sector's middle half▲ 80.6%€162,895within the sector's middle half▲ 58.6%€95,754within the sector's middle half▼ 41.2%€88,935within the sector's middle half▼ 7.1%
Debt€28,461-€27,598▼ 3.0%€16,546▼ 40.0%€92,754▲ 461%€85,935▼ 7.4%
Working capital€24,624within the sector's middle half-€72,401within the sector's middle half▲ 194%€143,966above the sector's middle half▲ 98.8%€2,759within the sector's middle half▼ 98.1%-€7,396below the sector's middle half
Solvency50.0%within the sector's middle half-73.1%within the sector's middle half▲ 23.2pp89.8%above the sector's middle half▲ 16.7pp3.1%below the sector's middle half▼ 86.7pp3.4%below the sector's middle half▲ 0.2pp
Current ratio1.91within the sector's middle half-3.79within the sector's middle half▲ 1.8810.67above the sector's middle half▲ 6.881.03below the sector's middle half▼ 9.640.91below the sector's middle half▼ 0.12
Return on assets (ROA)44.7%above the sector's middle half-45.5%above the sector's middle half▲ 0.8pp43.7%above the sector's middle half▼ 1.8pp79.9%above the sector's middle half▲ 36.1pp91.2%above the sector's middle half▲ 11.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
The operating result has risen four years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88,935
Fixed assets
€10,396 ▲ 327%
Current assets
€78,539 ▼ 15.8%
Equity and liabilities €88,935
Equity
€3,000 =
Debt
€85,935 ▼ 7.4%
Debt's share of the balance-sheet total falls from 96.9% to 96.6%. Debt is lower.
Key figures and ratios
EBITDA
€110,008▲
2024 · €99,364
Cash flow
€86,644▲
2024 · €78,077
Debt to equity
28.64▼
2024 · 30.92
Interest coverage
615.39▲
2024 · 153.64
Debt ≤ 1 year
€85,935▼
2024 · €90,561
Income taxes
€23,185▲
2024 · €20,640
A ratio outside any meaningful range has been withheld (balance sheet total €88,935, equity €3,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,153 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €551 | €1,471 | €1,725 | €1,603 | €5,530 | ▲ 245% |
| Other operating charges640/8 | - | €878 | €1,280 | €914 | €939 | ▲ 2.7% |
| Gross operating margin9900 | €34,037 | €63,626 | €94,162 | €100,278 | €110,947 | ▲ 10.6% |
| Operating profit (loss)9901 | €32,910 | €61,278 | €91,157 | €97,761 | €104,478 | ▲ 6.9% |
| Financial income75/76B | - | - | €0 | €0 | €0 | - |
| Recurring financial income75 | €0 | - | €0 | €0 | €0 | - |
| Financial charges65/66B | - | €1,313 | €684 | €647 | €179 | ▼ 72.4% |
| Recurring financial charges65 | €505 | €1,313 | €684 | €647 | €179 | ▼ 72.4% |
| Profit (loss) for the period before taxes9903 | €32,405 | €59,964 | €90,473 | €97,114 | €104,299 | ▲ 7.4% |
| Income taxes67/77 | €7,000 | €13,240 | €19,253 | €20,640 | €23,185 | ▲ 12.3% |
| Profit (loss) for the period9904 | €25,405 | €46,724 | €71,221 | €76,474 | €81,114 | ▲ 6.1% |
| Profit (loss) for the period to be appropriated9905 | €25,405 | €46,724 | €71,221 | €76,474 | €81,114 | ▲ 6.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €56,866 | €102,727 | €162,895 | €95,754 | €88,935 | ▼ 7.1% |
| Fixed assets21/28 | €5,192 | €4,381 | €4,037 | €2,434 | €10,396 | ▲ 327% |
| Tangible fixed assets22/27 | €5,192 | €4,381 | €4,037 | €2,434 | €10,396 | ▲ 327% |
| Furniture and vehicles24 | - | €1,380 | €1,693 | €749 | €9,369 | ▲ 1,151% |
| Other tangible fixed assets26 | - | €3,001 | €2,343 | €1,685 | €1,027 | ▼ 39.1% |
| Current assets29/58 | €51,674 | €98,346 | €158,859 | €93,320 | €78,539 | ▼ 15.8% |
| Amounts receivable within one year40/41 | €32,910 | €30,012 | €53,529 | €39,007 | €28,401 | ▼ 27.2% |
| Trade receivables40 | - | €29,312 | €31,230 | €31,611 | €28,401 | ▼ 10.2% |
| Other amounts receivable41 | - | €700 | €22,299 | €7,396 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €17,500 | €67,007 | €102,531 | €51,517 | €47,234 | ▼ 8.3% |
| Deferred charges and accrued income490/1 | - | €1,327 | €2,799 | €2,795 | €2,903 | ▲ 3.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €56,866 | €102,727 | €162,895 | €95,754 | €88,935 | ▼ 7.1% |
| Equity10/15 | €28,405 | €75,129 | €146,350 | €3,000 | €3,000 | = |
| Contributions10/11 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €25,405 | €72,129 | €143,350 | €0 | €0 | - |
| Amounts payable17/49 | €28,461 | €27,598 | €16,546 | €92,754 | €85,935 | ▼ 7.4% |
| Amounts payable within one year42/48 | €27,050 | €25,945 | €14,893 | €90,561 | €85,935 | ▼ 5.1% |
| Trade debts44 | €81 | €316 | €153 | €215 | €786 | ▲ 265% |
| Suppliers440/4 | - | €316 | €153 | €215 | €786 | ▲ 265% |
| Taxes, remuneration and social security45 | - | €12,525 | €14,740 | €11,522 | €24,808 | ▲ 115% |
| Taxes450/3 | - | €10,612 | €12,827 | €11,522 | €24,808 | ▲ 115% |
| Remuneration and social security454/9 | - | €1,913 | €1,913 | €0 | - | - |
| Other amounts payable47/48 | - | €13,104 | - | €78,824 | €60,341 | ▼ 23.4% |
| Accrued charges and deferred income492/3 | - | €1,653 | €1,653 | €2,192 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,405 | €46,724 | €71,221 | €76,474 | €81,114 | ▲ 6.1% |
| + Depreciation and write-downs630 | €551 | €1,471 | €1,725 | €1,603 | €5,530 | ▲ 245% |
| Operating cash flow (approximation) | €25,956 | €48,195 | €72,945 | €78,077 | €86,644 | ▲ 11.0% |
| Investment in fixed assets (approximation) | - | -€660 | -€1,380 | €0 | -€13,492 | - |
| Change in cash | - | €49,507 | €35,524 | -€51,014 | -€4,282 | ▲ 91.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2021net €81,114 ▲6.1%
Operating result €104,478, net result €81,114, both a record.
09-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Liquidity triplescurrent ratio 10.67
Current ratio from 3.79 to 10.67; short-term debt falls from €25,945 to €14,893.
30-06
Financial
Equity above €100,000Eq €146,350 ▲94.8%
3 profitable years in a row build equity to €146,350.
05-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Waterloo · 1 establishment unit since 2021
Ground area
558 m²
Building footprint
107 m²
Parcel 25764Q0611/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
PHYLEAS
since 20212.312.717.352
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764Q0611/00A000 | Wallonia | 558 m² | 1 · 107 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 11,216 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
Founded22-01-2021
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
72200Scientific research and development
73110Advertising agencies
73200Market research and public opinion polling
73300Public relations and communication consultancy
74112Other professional, scientific and technical activities
74120Graphic design and visual communication
74140Other specialised design activities
74201Photography, excluding press photography
74999Other professional, scientific and technical activities
78100Employment placement agencies
82300Organisation of conventions and trade shows
82990Other business support services
85599Other education
96999Other personal services
Contact
E-mail
nathalie.flandre@phyleas.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761918370
Also
9925:BE0761918370
Registered
30-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.