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PHYTOSEARCH

Active
Private limited company (pre-2019)founded 200521 yrs activeFranklin Rooseveltlaan 134, 1050 Brussel, BelgiumKBO/BCE: BE 0873.596.351
Summary

The computed 12-month bankruptcy probability of PHYTOSEARCH is 7.9% (elevated). For PHYTOSEARCH, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€14,525) and a net result of -€405. Equity is shrinking by ~4.7% per year across the filed fiscal years. The company has been active since 2005 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0=
Solvency0=
Growth58=
Track record92
Bankruptcy probability, 12 months
7.9% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Age of the figures
Age of the figures
45 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
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 · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 27-09-2023, 58 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
58 d late
2021
30 d late
2020
27 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 52 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawal

History

PHYTOSEARCH was incorporated on 2 May 2005.1 The company has filed 10 sets of annual accounts, the latest for fiscal year 2022.2

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

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Financials · fiscal year 2022, micro schema

Equity
-€14,525▼ 2.9%
2021 · -€14,120
Total assets
€695=
2021 · €695
Net result
-€405▼ 0.5%
2021 · -€402
Working capital
-€14,525▼ 2.9%
2021 · -€14,120
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result-€909--€945▼ 4.0%-€850▲ 10.1%-€402▲ 52.6%-€405▼ 0.5%
Net result-€909--€945▼ 4.0%-€850▲ 10.1%-€402▲ 52.6%-€405▼ 0.5%
Equity-€11,923--€12,868▼ 7.9%-€13,718▼ 6.6%-€14,120▼ 2.9%-€14,525▼ 2.9%
Total assets€695-€695=€695=€695=€695=
Debt€12,618-€13,563▲ 7.5%€14,413▲ 6.3%€14,815▲ 2.8%€15,220▲ 2.7%
Working capital-€11,923--€12,868▼ 7.9%-€13,718▼ 6.6%-€14,120▼ 2.9%-€14,525▼ 2.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,000-€750-€500-€250€0Operating result 2018: -€909-€909Net result 2018: -€909-€909Operating result 2019: -€945-€945Net result 2019: -€945-€945Operating result 2020: -€850-€850Net result 2020: -€850-€850Operating result 2021: -€402-€402Net result 2021: -€402-€402Operating result 2022: -€405-€405Net result 2022: -€405-€40520182019202020212022-€1,000-€750-€500-€250€0Operating result 2020: -€850-€850Net result 2020: -€850-€850Operating result 2021: -€402-€402Net result 2021: -€402-€402Operating result 2022: -€405-€405Net result 2022: -€405-€405202020212022
The operating result stays negative: a loss of €405 in 2022 against €402 in 2021; the loss grows.
Key figures and ratios
2022 value · change against 2021
Debt ≤ 1 year
€15,220▲
2021 · €14,815
Ratios withheld: a balance sheet total of €695 is too small for a meaningful ratio.
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 · 24 lines
Balance sheet Code20212022
Assets
Total assets20/58€695€695=
Current assets29/58€695€695=
Amounts receivable within one year40/41€695€695=
Other amounts receivable41€695€695=
Equity and liabilities
Total equity and liabilities10/49€695€695=
Equity10/15-€14,120-€14,525▼
Contributions10/11€7,200€7,200=
Capital10€7,200€7,200=
Issued capital100€18,550€18,550=
Uncalled capital101€11,350€11,350=
Profit (loss) carried forward14-€21,320-€21,725▼
Amounts payable17/49€14,815€15,220▲
Amounts payable within one year42/48€14,815€15,220▲
Trade debts44€4,384€4,384=
Suppliers440/4€4,384€4,384=
Other amounts payable47/48€10,431€10,836▲
Income statement Code20212022
Other operating charges640/8€348€348=
Gross operating margin9900-€55-€57▼
Operating profit (loss)9901-€402-€405▼
Profit (loss) for the period before taxes9903-€402-€405▼
Profit (loss) for the period9904-€402-€405▼
Profit (loss) for the period to be appropriated9905-€402-€405▼
Appropriation of the result
Profit (loss) to be appropriated9906-€21,320-€21,725▼
Profit (loss) brought forward from the previous period14P-€20,918-€21,320▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Other operating charges640/8---€348€348=
Gross operating margin9900-€561-€503-€425-€55-€57▼ 3.8%
Operating profit (loss)9901-€909-€945-€850-€402-€405▼ 0.5%
Profit (loss) for the period before taxes9903-€909-€945-€850-€402-€405▼ 0.5%
Profit (loss) for the period9904-€909-€945-€850-€402-€405▼ 0.5%
Profit (loss) for the period to be appropriated9905-€909-€945-€850-€402-€405▼ 0.5%
Line20182019202020212022Change
Assets
Total assets20/58€695€695€695€695€695=
Current assets29/58€695€695€695€695€695=
Amounts receivable within one year40/41€695€695€695€695€695=
Other amounts receivable41---€695€695=
Equity and liabilities
Total equity and liabilities10/49€695€695€695€695€695=
Equity10/15-€11,923-€12,868-€13,718-€14,120-€14,525▼ 2.9%
Contributions10/11€7,200€7,200€7,200€7,200€7,200=
Capital10---€7,200€7,200=
Issued capital100---€18,550€18,550=
Uncalled capital101---€11,350€11,350=
Profit (loss) carried forward14-€19,123-€20,068-€20,918-€21,320-€21,725▼ 1.9%
Amounts payable17/49€12,618€13,563€14,413€14,815€15,220▲ 2.7%
Amounts payable within one year42/48€12,618€13,563€14,413€14,815€15,220▲ 2.7%
Trade debts44€3,392€3,937€4,384€4,384€4,384=
Suppliers440/4---€4,384€4,384=
Other amounts payable47/48---€10,431€10,836▲ 3.9%
Line20182019202020212022Change
Profit (loss) for the period9904-€909-€945-€850-€402-€405▼ 0.5%
Operating cash flow (approximation)-€909-€945-€850-€402-€405▼ 0.5%

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

2023
27-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Weakest financial yearnet -€945
Net result drops to -€945, the lowest in the series; recovery starts the following year.
20-09
KBO administration Strikeout withdrawal
event 30-08-2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
13-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 44 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2010
31-08
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 31 days late
2009
21-08
NBB filing Annual accounts filed
fiscal year 2008 · full schema · 21 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brussel
exact location from the address register On OpenStreetMap
Ground area
671 m²
Building footprint
303 m²
Volume, LiDAR
4,594 m³
Parcel 21822R0443/00Y003, Brussels · tallest building 21.0 m, ±5 floors. Linked by address, not a title deed.
11 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21822R0443/00Y003 Brussels 671 m² 1 · 303 m² 21.0 m · 5 fl.
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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded02-05-2005
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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