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PHIKAT & C°

Active
Public limited companyfounded 1999active for 27 yearsMenenstraat 96, 8930 Menen, BelgiumKBO/BCE: BE 0465.982.654
Summary

PHIKAT & C° has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €957,403 and a net result of €2,994. Equity has been stable since 2018 (±0.7% per year). Its solvency ranks better than 46% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-04-1999 Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 3 others
Establishment unit
2.100.327.241 8930 Menen, since 12-06-2001
Financial year end
30 December
Peppol
Reachable

Board and ownership

Board
  • FLAMEN BRUNODirector · since 24-02-2022
  • FLAMEN PHILIPPEDirector · since 24-02-2022
Shareholders
  • BRUNO FLAMENannual accounts 30-12-2017
  • PHILIPPE FLAMENannual accounts 30-12-2017

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-12-2025
Gross margin
€244,958
▲ 6.7%
Turnover
≈ €330,000
estimated
Profit
€2,994
▲ 211%
Equity
€957,403
▲ 0.3%
Total assets
€2.9m
▲ 2.1%
  • 2025 accounts filed 1 day after the deadline
Filed on 31-07-2026
Score breakdownraises riskLiquidity: current ratio 0.05, cash €542lowers riskSize: total assets €2.9mFigures for financial year 2025 (filed on 05-08-2026)Founded in 1999Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 43% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 59=
equity 33.6% of total assets
Liquidity 33-2
short-term debt 36.9% · cash 0.0%
Profitability 47-5
return on assets 0.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,993 companies, NACE 68, small)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.6 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.2 percentage points vs 06-2026 08-2026: 0.2%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.05 (0.04 in 2024), below 1. Short-term debt is 36.9% and cash 0% of total assets. 66.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 54% of them on solvency, 26% on liquidity, 46% on profitability and 45% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.05, cash €542
NBB · annual accounts
lowers risk · Size: total assets €2.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 05-08-2026)
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 1 day late
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 31-07-2026, 1 day later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
1 day late
2024
1 day late
2023
4 days early
2022
2 days early
2021
10 days early
2020
31 days late
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today. The company usually files around 28 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today30-12-2026 year end30-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as PHIKAT & C°: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €2.5m and €3.1m, founded between 1997 and 2000.

CompanyTotal assetsGross margin
PHIKAT & C° Menen€2.9m€0.2m
ARE & KUBIEK Roeselare€2.8m€0.2m
IMMO BIDDELOO Knokke-Heist€3.1m€0.3m
JACOBUSVERIMMO Anzegem€2.6m€0.2m
BEPA Kalanebu De Panne€2.9m€0.3m
Maison des Etudiants liégeois Liège€2.7m€0.2m
ACRIMMO Landen€2.5m€0.2m
Full comparison

Key facts about PHIKAT & C°

What is the company number of PHIKAT & C°?
The company number of PHIKAT & C° is 0465.982.654. The VAT number is the same number with BE in front: BE 0465.982.654.
Where is PHIKAT & C° based?
The registered office is at Menenstraat 96, 8930 Menen.Company details
What does PHIKAT & C° do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of PHIKAT & C°?
The legal form of PHIKAT & C° is Public limited company (NV).
When was PHIKAT & C° founded?
PHIKAT & C° was founded on 30-04-1999.
Is PHIKAT & C° still active?
Yes, PHIKAT & C° is an active enterprise in the KBO register.
What is the turnover of PHIKAT & C°?
The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €244,958 and 37 comparable companies (NACE 68203). It probably lies between €260,000 and €520,000.Financials
Is PHIKAT & C° profitable?
In financial year 2025, PHIKAT & C° made a profit of €2,994.
Where can I find the annual accounts of PHIKAT & C°?
PHIKAT & C° filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PHIKAT & C° due?
PHIKAT & C° must file the annual accounts for financial year 2026 by 30-07-2027.Timeline

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