PHOENIX Buildings&Developments
ActiveSummary
PHOENIX Buildings&Developments has been active since 1945 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-27k) and a net result of €-43k. Equity is shrinking by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 7% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
24
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-42
Solvency6▼-30
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 1.05 in 2024; short-term debt: 95.7% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-19%
Return on assets
-30.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-27k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 filingsDeviation from the deadline
2025
27 d late
2024
57 d late
2023
50 d late
2022
32 d late
2021
31 d late
2020
40 d early
2019
6 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-27k
2024 · €16k
2018: €9k
2019: €10k
2020: €6k
2021: €4k
2022: €3k
2023: €15k
2024: €16k
2018 → 2025
Total assets
€141k▼ 5.7%
2024 · €150k
2018: €9k
2019: €10k
2020: €6k
2021: €5k
2022: €3k
2023: €31k
2024: €150k
2018 → 2025
Net result
€-43k
2024 · €1k
2018: €211
2019: €216
2020: €-3k
2021: €-2k
2022: €-1k
2023: €12k
2024: €1k
2018 → 2025
Working capital
€-24k
2024 · €7k
2019: €10k
2021: €4k
2022: €3k
2023: €-946
2024: €7k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€3k▼ 34.1%€15k▲ 433%€16k▲ 9.0%€-27k
Operating result€-2k-€-1k▲ 38.7%€13k€8k▼ 37.6%€-12k
Net result€-2k-€-1k▲ 32.0%€12k€1k▼ 88.9%€-43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141k
Fixed assets
€30k ▲ 241%
Current assets
€112k ▼ 20.8%
Key figures and ratios
EBITDA
€-3k▼
2024 · €15k
Cash flow
€-34k▼
2024 · €8k
Solvency
-19.0%▼
2024 · 10.7%
Current ratio
0.83▼
2024 · 1.05
Quick ratio
0.65▼
2024 · 1.05
Debt to equity
-6.25▼
2024 · 8.36
ROA
-30.4%▼
2024 · 0.9%
Interest coverage
-0.10▼
2024 · 2.68
Debt
€168k▲
2024 · €134k
Debt ≤ 1 year
€135k▲
2024 · €134k
Debt > 1 year
€29k
Staff costs
€54k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€150k€141k▼
Fixed assets21/28€9k€30k▲
Tangible fixed assets22/27€8k€29k▲
Furniture and vehicles24€8k€29k▲
Financial fixed assets28€240€240=
Current assets29/58€141k€112k▼
Stocks and contracts in progress3-€24k
Stocks30/36-€24k
Amounts receivable within one year40/41€141k€88k▼
Trade receivables40€140k€75k▼
Other amounts receivable41€1k€14k▲
Cash at bank and in hand54/58€37-
Deferred charges and accrued income490/1€132-
Equity and liabilities
Total equity and liabilities10/49€150k€141k▼
Equity10/15€16k€-27k▼
Contributions10/11€19k€19k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-5k€-48k▼
Amounts payable17/49€134k€168k▲
Amounts payable after more than one year17-€29k
Financial debts170/4-€29k
Amounts payable within one year42/48€134k€135k▲
Current portion of amounts payable after more than one year42-€14k
Financial debts43€5k€1k▼
Credit institutions430/8€5k€1k▼
Trade debts44€125k€89k▼
Suppliers440/4€125k€89k▼
Taxes, remuneration and social security45€2k€29k▲
Taxes450/3€2k€5k▲
Remuneration and social security454/9-€24k
Other amounts payable47/48€1k€2k▲
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Remuneration, social security and pensions62-€54k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€563€3k▲
Gross operating margin9900€16k€54k▲
Operating profit (loss)9901€8k€-12k▼
Financial charges65/66B€6k€31k▲
Recurring financial charges65€6k€31k▲
Profit (loss) for the period before taxes9903€3k€-43k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€1k€-43k▼
Profit (loss) for the period to be appropriated9905€1k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-48k▼
Profit (loss) brought forward from the previous period14P€-6k€-5k▲
The notes to these accounts (8 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-43k ▼3350%
Net result drops to €-43k, the lowest in the series.
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after 3 loss-making years.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Evere · 1 establishment unit since 1945
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Henry Dunantlaan 311140 EvereGround area
3,488 m²
Building footprint
63 m²
Volume, LiDAR
859 m³
2 parcels, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PHOENIX Buildings&Developments
since 19452.007.321.859
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0090/00V000 | Brussels | 3,413 m² | - | - |
| 21364B0183/00H003 | Brussels | 75 m² | 1 · 63 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
LES ARTISANS DU BATIMENT
BE 0834.678.367
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Crystal Pool
BE 0766.716.011
Genappe · Eq €16,006
LUC ELECTRIC
BE 0543.368.561
Sint-Agatha-Berchem · Eq €16,003
BURM SERVICES
BE 0811.446.768
Beveren-Kruibeke-Zwijndrecht · Eq €16,003
COMIVA
BE 0695.513.259
Drogenbos · Eq €15,996
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,897 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 formPrivate limited company
Founded07-11-1945
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
68121Development of residential building projects
47521Retail sale of hardware, building materials, paint and glass (general range)
47525Retail trade
71121Engineering and related technical consultancy, excluding land surveyors
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.