PHIL
ActiveSummary
The computed 12-month bankruptcy probability of PHIL is 2.7% (moderate). The 2025 annual accounts show equity of €838k and a net result of €144k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 38% of 3674 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+1
Solvency43▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.06 in 2024; short-term debt: 72.4% and cash: 22.6% of total assets), and 82.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.8%
Return on assets
3.1%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 30-04-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
on the day
2022
on the day
2021
on the day
2020
86 d late
2019
37 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€11.29M
EBIT margin
0.9%
Net result
€144k▲ 45.7%
2024 · €99k
2018: €7k
2019: €23k
2020: €72k
2021: €193k
2022: €66k
2023: €72k
2024: €99k
2018 → 2025
Working capital
€168k▼ 12.8%
2024 · €192k
2018: €580k
2019: €145k
2020: €155k
2021: €349k
2022: €457k
2023: €343k
2024: €192k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€434k-€500k▲ 15.3%€572k▲ 14.3%€702k▲ 22.7%€838k▲ 19.4%
Operating result€221k-€146k▼ 34.0%€146k▲ 0.2%€177k▲ 21.2%€261k▲ 47.5%
Net result€193k-€66k▼ 65.6%€72k▲ 7.8%€99k▲ 37.4%€144k▲ 45.7%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 48% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.70M
Fixed assets
€1.13M ▲ 10.3%
Current assets
€3.57M ▲ 12.6%
Equity and liabilities €4.70M
Equity
€838k ▲ 19.4%
Provisions
€9k ▼ 17.3%
Debt
€3.85M ▲ 10.6%
Debt's share of the balance-sheet total falls from 83.0% to 82.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€537k▲
2024 · €514k
Cash flow
€420k▼
2024 · €436k
Current ratio
1.05▼
2024 · 1.06
Quick ratio
1.03▲
2024 · 1.02
Debt to equity
4.59▼
2024 · 4.96
ROE
17.1%▲
2024 · 14.0%
ROA
3.1%▲
2024 · 2.3%
Interest coverage
12.01▲
2024 · 10.44
Debt ≤ 1 year
€3.40M▲
2024 · €2.98M
Debt > 1 year
€299k▼
2024 · €471k
Income taxes
€87k▲
2024 · €62k
Staff costs
€1.71M▲
2024 · €1.33M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 64 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.19M€4.70M▲
Fixed assets21/28€1.02M€1.13M▲
Tangible fixed assets22/27€1.02M€1.13M▲
Land and buildings22€389k€345k▼
Plant, machinery and equipment23€193k€205k▲
Furniture and vehicles24€318k€294k▼
Leasing and similar rights25€25k€56k▲
Other tangible fixed assets26€96k€226k▲
Current assets29/58€3.17M€3.57M▲
Stocks and contracts in progress3€119k€76k▼
Stocks30/36€119k€76k▼
Amounts receivable within one year40/41€1.72M€2.00M▲
Trade receivables40€1.13M€1.36M▲
Other amounts receivable41€594k€638k▲
Current investments50/53-€437k
Cash at bank and in hand54/58€1.32M€1.06M▼
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€4.19M€4.70M▲
Equity10/15€702k€838k▲
Contributions10/11€325k€325k=
Capital10€325k€325k=
Issued capital100€325k€325k=
Reserves13€38k€38k=
Non-distributable reserves130/1€32k€32k=
Legal reserve130€32k€32k=
Tax-exempt reserves132€5k€5k=
Profit (loss) carried forward14€308k€451k▲
Investment grants15€31k€24k▼
Provisions and deferred taxes16€10k€9k▼
Deferred taxes168€10k€9k▼
Amounts payable17/49€3.48M€3.85M▲
Amounts payable after more than one year17€471k€299k▼
Financial debts170/4€462k€290k▼
Other amounts payable178/9€9k€9k=
Amounts payable within one year42/48€2.98M€3.40M▲
Current portion of amounts payable after more than one year42€226k€182k▼
Financial debts43€345k€345k=
Credit institutions430/8€345k€345k=
Trade debts44€1.87M€2.14M▲
Suppliers440/4€1.87M€2.14M▲
Taxes, remuneration and social security45€204k€341k▲
Taxes450/3€156k€255k▲
Remuneration and social security454/9€48k€86k▲
Other amounts payable47/48€330k€396k▲
Accrued charges and deferred income492/3€31k€148k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.33M€1.71M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€338k€276k▼
Other operating charges640/8€93k€109k▲
Gross operating margin9900€1.94M€2.35M▲
Operating profit (loss)9901€177k€261k▲
Financial income75/76B€26k€12k▼
Recurring financial income75€26k€12k▼
Financial charges65/66B€49k€45k▼
Recurring financial charges65€49k€45k▼
Profit (loss) for the period before taxes9903€154k€228k▲
Transfer from deferred taxes780€6k€2k▼
Income taxes67/77€62k€87k▲
Profit (loss) for the period9904€99k€144k▲
Profit (loss) for the period to be appropriated9905€99k€144k▲
Appropriation of the result
Profit (loss) to be appropriated9906€312k€451k▲
Profit (loss) brought forward from the previous period14P€214k€308k▲
Transfer to equity691/2€4k-
To the legal reserve6920€4k-
Social balance
Average headcount (FTE)908743.839.3▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-10
Financial
Equity above €500kEq €500k ▲15.3%
5 profitable years in a row build equity to €500k.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-10
Financial
Highest result since 2018net €193k ▲168%
Net result €193k, the highest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 86 days late
2020
31-10
Financial
Equity above €200kEq €241k ▲42.7%
3 profitable years in a row build equity to €241k.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 37 days late
2019
31-10
Financial
Equity above €150kEq €169k ▲15.9%
2 profitable years in a row build equity to €169k.
13-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are 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-Pieters-Woluwe · 5 establishment units since 2010
Ground area
9.5 ha
Building footprint
6,964 m²
Volume, LiDAR
195,144 m³
6 parcels, Brussels, Flanders · tallest building 64.0 m, ±19 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
5 establishment units
fonteyne the kitchen
since 20102.193.274.819
ASZ AALST
since 20192.294.840.648
Brederode Restaurant d'entreprise
since 20202.305.282.994
ENGIE
since 20212.321.579.687
Wordline
since 20242.365.181.781
6 parcels
Flanders
1
(16.7%)
Brussels
5
(83.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C1191/00S000 | Flanders | 8.0 ha | 1 · 1,006 m² | 6.5 m · 1 fl. |
| 21821C0080/00F005 | Brussels | 6,143 m² | 1 · 1,524 m² | 26.5 m · 8 fl. |
| 21813D0439/00P009 | Brussels | 5,799 m² | 1 · 2,489 m² | 64.0 m · 19 fl. |
| 21804D0240/00C000 | Brussels | 1,829 m² | 1 · 1,434 m² | 26.4 m · 6 fl. |
| 21384D0087/00K008 | Brussels | 1,684 m² | 1 · 301 m² | 8.5 m · 2 fl. |
| 21683D0237/00B005 | Brussels | 289 m² | 1 · 209 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 5
6 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
5 sitesVorst2.193.274.819
Aalst2.294.840.648
Brussel2.305.282.994
Brussel2.321.579.687
Show 1 more sites
Brussel2.365.181.781
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 4,772 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-10-1987
Fiscal year end31-10
Activities, NACEBEL 2025
47222Retail trade
56111Full-service restaurants
47221Retail sale of meat and meat products, excluding game and poultry
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:esther@fonteynethekitchen.be
Phone:02/3335015
Phone:0475/903443