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THE PHIRM

Active
Private limited companyfounded 20242 yrs activeWaterloose Steenweg 200, 1640 Sint-Genesius-Rode, BelgiumKBO/BCE: BE 1009.606.583
Summary

THE PHIRM has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42,235 and a net result of €37,235. Its solvency ranks better than 38% of 9557 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency66
Growth-
Track record67
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.42; short-term debt: 35.2% and cash: 20.6% of total assets), and 59.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
40.7%
Return on assets
35.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 1 filing
Deviation from the deadline
2025
3 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 23 May 2024, THE PHIRM was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€42,235
Total assets
€103,794
Net result
€37,235
Working capital
€15,312

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €103,794
Fixed assets €51,954
Current assets €51,841
Equity and liabilities €103,794
Equity €42,235
Debt €61,560
Debt finances 59.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€71,866
Cash flow
€54,943
Current ratio
1.42
Quick ratio
1.20
Debt to equity
1.46
ROE
88.2%
ROA
35.9%
Interest coverage
28.12
Debt ≤ 1 year
€36,528
Debt > 1 year
€25,031
Income taxes
€14,368

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€103,794
Fixed assets21/28€51,954
Intangible fixed assets21€796
Tangible fixed assets22/27€51,157
Land and buildings22€10,225
Plant, machinery and equipment23€3,631
Furniture and vehicles24€37,301
Current assets29/58€51,841
Stocks and contracts in progress3€8,000
Stocks30/36€8,000
Amounts receivable within one year40/41€21,830
Trade receivables40€15,098
Other amounts receivable41€6,732
Cash at bank and in hand54/58€21,412
Deferred charges and accrued income490/1€599
Equity and liabilities
Total equity and liabilities10/49€103,794
Equity10/15€42,235
Contributions10/11€5,000
Reserves13€37,235
Distributable reserves133€37,235
Amounts payable17/49€61,560
Amounts payable after more than one year17€25,031
Financial debts170/4€25,031
Amounts payable within one year42/48€36,528
Current portion of amounts payable after more than one year42€9,425
Trade debts44€12,716
Suppliers440/4€12,716
Taxes, remuneration and social security45€14,387
Taxes450/3€14,387
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,708
Other operating charges640/8€1,855
Gross operating margin9900€73,721
Operating profit (loss)9901€54,158
Financial charges65/66B€2,556
Recurring financial charges65€2,556
Profit (loss) for the period before taxes9903€51,603
Income taxes67/77€14,368
Profit (loss) for the period9904€37,235
Profit (loss) for the period to be appropriated9905€37,235
Appropriation of the result
Profit (loss) to be appropriated9906€37,235
Transfer to equity691/2€37,235
To other reserves6921€37,235

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,708
Other operating charges640/8€1,855
Gross operating margin9900€73,721
Operating profit (loss)9901€54,158
Financial charges65/66B€2,556
Recurring financial charges65€2,556
Profit (loss) for the period before taxes9903€51,603
Income taxes67/77€14,368
Profit (loss) for the period9904€37,235
Profit (loss) for the period to be appropriated9905€37,235
Line2025
Assets
Total assets20/58€103,794
Fixed assets21/28€51,954
Intangible fixed assets21€796
Tangible fixed assets22/27€51,157
Land and buildings22€10,225
Plant, machinery and equipment23€3,631
Furniture and vehicles24€37,301
Current assets29/58€51,841
Stocks and contracts in progress3€8,000
Stocks30/36€8,000
Amounts receivable within one year40/41€21,830
Trade receivables40€15,098
Other amounts receivable41€6,732
Cash at bank and in hand54/58€21,412
Deferred charges and accrued income490/1€599
Equity and liabilities
Total equity and liabilities10/49€103,794
Equity10/15€42,235
Contributions10/11€5,000
Reserves13€37,235
Distributable reserves133€37,235
Amounts payable17/49€61,560
Amounts payable after more than one year17€25,031
Financial debts170/4€25,031
Amounts payable within one year42/48€36,528
Current portion of amounts payable after more than one year42€9,425
Trade debts44€12,716
Suppliers440/4€12,716
Taxes, remuneration and social security45€14,387
Taxes450/3€14,387
Line2025
Profit (loss) for the period9904€37,235
+ Depreciation and write-downs630€17,708
Operating cash flow (approximation)€54,943

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

2026
03-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
NBB filing
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, Sint-Genesius-Rode · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
9,340 m²
Building footprint
1,551 m²
Volume, LiDAR
16,574 m³
2 parcels, Flanders, Wallonia · tallest building 23.0 m, ±4 floors. Linked by address, not a title deed.
415 companies at this address See who is registered here
1 establishment unit
THE PHIRM
Rue de Prée, Biesme 9, 5640 MettetRisk and damage evaluation
since 20242.360.561.118
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22552E0048/00Z025 Flanders 7,308 m² 1 · 1,453 m² 23.0 m · 4 fl.
92013G0097/00C000 Wallonia 2,032 m² 1 · 98 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 4,759 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
Founded23-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
81100Combined facilities support activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009606583
Registered 16-01-2026

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

Register as of 28 September 2026 · Peppol Directory

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