Equity
-€112,450
Debts exceed assets in financial year 2025.
PHYTOS
Lifetime
20 annual accounts with figures on one time axispeak €2.3m (2006)
-€3,495▲ €3,835
lowest -€75,909 (2014)
-€4,740▲ €12,284
peak €100,327 (2008)
-€112,450▼ €4,740
€115,122▼ 35.5%
peak 0.3 FTE (2014)
-not published
Board1 name since 2005
1 director
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from -€7,330 to -€3,495Loss of €4,740Debts from €178,376 to €115,122Cash from €12,319 to €434
Key points
from the 2025 annual accountsLosses
-€106,367 in five years
Every financial year from 2021 to 2025 closed with a loss. 2022 was the heaviest.
Position in the sector
-4208.6%
Lower solvency than 95% of companies in wholesale trade. Sector median 40.5% · 15,454 companies.
2025 accounts filed 61 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,635 companies had the same profile as PHYTOS has now. Each dot stands for 17 companies, two years later.
84.3%
were still trading
10.2%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,635 companies, not a prediction for PHYTOS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0876812296
Registered office moved within Kortrijk
New registered office: Burgemeester Felix de Bethunelaan 17A 001, 8500 Kortrijk · Previous registered office: Gentsesteenweg 129, 8500 Kortrijk · General meeting of 01-02-2023 · Gazette deed
Incorporation
published on 31-10-2005 · Gazette deed
First establishment
Gentsesteenweg 129, Kortrijk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PHYTOS Kortrijk | €2,672 | -€3,495 | -4208.6% | - |
| EOLE S.A .(EOLEMED ET/OU TESTEOL) Uccle | €3,164 | -€6,910 | -6038.7% | - |
| FOCUS PHARMA Leuven | €7,674 | -€20,000 | -1197.8% | - |
| SAN SEBASTIAN Pelt | €956 | -€1,417 | -1164.8% | - |
| Apropeau Leuven | €1,902 | -€3,250 | -1416.9% | - |
| LD MEDICAL DEVICES Wavre | €7,893 | €622 | 100.0% | - |
| Medica BNL Jabbeke | €15,087 | -€7,647 | 25.3% | - |
These companies have the same main activity as PHYTOS: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €956 and €15,100, founded between 1989 and 2016.
Official details
Source: KBO- Status
- Active since 20-10-2005Normal situation
- Activity
- Wholesale of pharmaceutical and medical goodsNACE 46460and 2 others
- Establishment unit
- 2.149.965.5078500 Kortrijk, since 20-10-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2025
Insights on PHYTOS
PHYTOS files the micro format. That format states no turnover. The gross margin fell from €2.3m in 2006 to -€3,495 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PHYTOS
- What is the company number of PHYTOS?
- The company number of PHYTOS is 0876.812.296. The VAT number is the same number with BE in front: BE 0876.812.296.
- Where is PHYTOS based?
- The registered office is at Burg. Felix de Bethunelaan 17A, 8500 Kortrijk.Company details
- What does PHYTOS do?
- According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
- What is the legal form of PHYTOS?
- PHYTOS is a private limited company (pre-2019) (BVBA).
- When was PHYTOS founded?
- PHYTOS was founded on 20-10-2005.
- Is PHYTOS still active?
- Yes, PHYTOS is an active enterprise in the KBO register.
- What is the turnover of PHYTOS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is PHYTOS profitable?
- In financial year 2025, PHYTOS made a loss of €4,740.
- Where can I find the annual accounts of PHYTOS?
- PHYTOS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PHYTOS due?
- PHYTOS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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