PHOENIXIRIS
Open bankruptcyA bankruptcy procedure is open for PHOENIXIRIS according to publications in the Belgian State Gazette; curator: ALEXANDRE SAUSSEZ.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €64k and a net result of €-27k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 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
not confirmed
2024
not filed
2023
61 d late
2022
61 d late
2021
122 d late
2020
67 d late
2019
242 d late
← before the deadline
after the deadline →
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 publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Turnover
€156k▲ 74.3%
2022 · €90k
2021: €105k
2022: €90k▼ -14.7% vs 2021lowest in 3 years
2023: €156k▲ +74.3% vs 2022highest in 3 years
2021 → 2023
EBIT margin
-17.2%▼ 26.6pp
2022 · 9.5%
2021: 19.6%highest in 3 years
2022: 9.5%▼ -51.5% vs 2021
2023: -17.2%▼ -281% vs 2022lowest in 3 years
2021 → 2023
Net result
€-27k
2022 · €6k
2018: €10k
2019: €26k▲ +144% vs 2018highest in 6 years
2020: €19k▼ -26.3% vs 2019
2021: €12k▼ -35.5% vs 2020
2022: €6k▼ -54.6% vs 2021
2023: €-27k▼ -595% vs 2022lowest in 6 years
2018 → 2023
Working capital
€62k▼ 30.1%
2022 · €89k
2018: €29klowest in 6 years
2019: €55k▲ +87.1% vs 2018
2020: €73k▲ +33.0% vs 2019
2021: €85k▲ +17.1% vs 2020
2022: €89k▲ +3.7% vs 2021highest in 6 years
2023: €62k▼ -30.1% vs 2022
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€105k€90k▼ 14.7%€156k▲ 74.3%
2021: €105k
2022: €90k▼ -14.7% vs 2021lowest in 3 years
2023: €156k▲ +74.3% vs 2022highest in 3 years
Equity€55k-€74k▲ 34.3%€86k▲ 16.5%€91k▲ 6.4%€64k▼ 29.8%
2019: €55klowest in 5 years
2020: €74k▲ +34.3% vs 2019
2021: €86k▲ +16.5% vs 2020
2022: €91k▲ +6.4% vs 2021highest in 5 years
2023: €64k▼ -29.8% vs 2022
Operating result€33k-€20k▼ 40.5%€21k▲ 5.2%€8k▼ 58.6%€-27k
2019: €33khighest in 5 years
2020: €20k▼ -40.5% vs 2019
2021: €21k▲ +5.2% vs 2020
2022: €8k▼ -58.6% vs 2021
2023: €-27k▼ -416% vs 2022lowest in 5 years
Net result€26k-€19k▼ 26.3%€12k▼ 35.5%€6k▼ 54.6%€-27k
2019: €26khighest in 5 years
2020: €19k▼ -26.3% vs 2019
2021: €12k▼ -35.5% vs 2020
2022: €6k▼ -54.6% vs 2021
2023: €-27k▼ -595% vs 2022lowest in 5 years
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 2023: a loss of €27k after €8k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €117k
Fixed assets
€2k ▼ 21.8%
Current assets
€115k ▼ 1.7%
Equity and liabilities €117k
Equity
€64k ▼ 29.8%
Debt
€53k ▲ 85.6%
Debt's share of the balance-sheet total rises from 24.0% to 45.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-26k▼
2022 · €9k
Cash flow
€-27k▼
2022 · €6k
Current ratio
2.16▼
2022 · 4.08
Debt to equity
0.83▲
2022 · 0.32
ROE
-42.5%▼
2022 · 6.0%
ROA
-23.2%▼
2022 · 4.6%
Interest coverage
-58.80▼
2022 · 9.25
Debt ≤ 1 year
€53k▲
2022 · €29k
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 · 2023 against 2022 · 43 lines
Balance sheet
Code20222023
Assets
Total assets20/58€120k€117k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€3k-
Current assets29/58€117k€115k▼
Amounts receivable within one year40/41€104k€113k▲
Trade receivables40€76k€101k▲
Other amounts receivable41€27k€12k▼
Cash at bank and in hand54/58€3k-
Deferred charges and accrued income490/1€11k€2k▼
Equity and liabilities
Total equity and liabilities10/49€120k€117k▼
Equity10/15€91k€64k▼
Contributions10/11€65k€65k=
Capital10€65k-
Issued capital100€65k-
Reserves13€15k€15k=
Non-distributable reserves130/1-€15k
Other1319-€15k
Distributable reserves133€15k-
Profit (loss) carried forward14€11k€-16k▼
Amounts payable17/49€29k€53k▲
Amounts payable within one year42/48€29k€53k▲
Current portion of amounts payable after more than one year42€651€651=
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€10k€20k▲
Suppliers440/4€10k€20k▲
Taxes, remuneration and social security45€18k€30k▲
Taxes450/3€18k€30k▲
Income statement
Code20222023
Turnover70€90k€156k▲
Goods, raw materials, services and sundry goods60/61€80k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€598€580▼
Gross operating margin9900€9k€-26k▼
Operating profit (loss)9901€8k€-27k▼
Financial charges65/66B€982€446▼
Recurring financial charges65€982€446▼
Profit (loss) for the period before taxes9903€8k€-27k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€6k€-27k▼
Profit (loss) for the period to be appropriated9905€6k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€-16k▼
Profit (loss) brought forward from the previous period14P€6k€11k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €105k | €90k | €156k | ▲ 74.3% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €83k | €80k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €356 | €356 | €598 | €580 | ▼ 2.9% |
| Other operating charges640/8 | - | - | €949 | - | - | - |
| Gross operating margin9900 | €34k | €20k | €22k | €9k | €-26k | ▼ 388% |
| Operating profit (loss)9901 | €33k | €20k | €21k | €8k | €-27k | ▼ 416% |
| Financial charges65/66B | - | - | €2k | €982 | €446 | ▼ 54.6% |
| Recurring financial charges65 | €2k | €714 | €2k | €982 | €446 | ▼ 54.6% |
| Profit (loss) for the period before taxes9903 | €31k | €19k | €19k | €8k | €-27k | ▼ 463% |
| Income taxes67/77 | €5k | - | €7k | €2k | - | - |
| Profit (loss) for the period9904 | €26k | €19k | €12k | €6k | €-27k | ▼ 595% |
| Profit (loss) for the period to be appropriated9905 | €26k | €19k | €12k | €6k | €-27k | ▼ 595% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80k | €91k | €107k | €120k | €117k | ▼ 2.2% |
| Fixed assets21/28 | - | €711 | €356 | €3k | €2k | ▼ 21.8% |
| Tangible fixed assets22/27 | - | €711 | €356 | €3k | €2k | ▼ 21.8% |
| Plant, machinery and equipment23 | - | - | - | - | €2k | - |
| Furniture and vehicles24 | - | - | €356 | €3k | - | - |
| Current assets29/58 | €80k | €91k | €106k | €117k | €115k | ▼ 1.7% |
| Amounts receivable within one year40/41 | €80k | €76k | €106k | €104k | €113k | ▲ 9.4% |
| Trade receivables40 | - | - | €68k | €76k | €101k | ▲ 33.0% |
| Other amounts receivable41 | - | - | €39k | €27k | €12k | ▼ 55.9% |
| Current investments50/53 | €446 | €15k | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | - | €3k | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €11k | €2k | ▼ 81.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80k | €91k | €107k | €120k | €117k | ▼ 2.2% |
| Equity10/15 | €55k | €74k | €86k | €91k | €64k | ▼ 29.8% |
| Contributions10/11 | €65k | €65k | €65k | €65k | €65k | = |
| Capital10 | - | - | €65k | €65k | - | - |
| Issued capital100 | - | - | €65k | €65k | - | - |
| Reserves13 | - | - | €15k | €15k | €15k | = |
| Non-distributable reserves130/1 | - | - | - | - | €15k | - |
| Other1319 | - | - | - | - | €15k | - |
| Distributable reserves133 | - | - | €15k | €15k | - | - |
| Profit (loss) carried forward14 | €-10k | €9k | €6k | €11k | €-16k | ▼ 242% |
| Amounts payable17/49 | €25k | €18k | €21k | €29k | €53k | ▲ 85.6% |
| Amounts payable within one year42/48 | €25k | €18k | €21k | €29k | €53k | ▲ 85.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €651 | €651 | = |
| Financial debts43 | - | - | €5k | - | €2k | - |
| Credit institutions430/8 | - | - | €5k | - | €2k | - |
| Trade debts44 | €4k | €3k | €241 | €10k | €20k | ▲ 103% |
| Suppliers440/4 | - | - | €241 | €10k | €20k | ▲ 103% |
| Taxes, remuneration and social security45 | - | - | €16k | €18k | €30k | ▲ 67.6% |
| Taxes450/3 | - | - | €16k | €18k | €30k | ▲ 67.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €19k | €12k | €6k | €-27k | ▼ 595% |
| + Depreciation and write-downs630 | - | €356 | €356 | €598 | €580 | ▼ 2.9% |
| Operating cash flow (approximation) | €26k | €19k | €12k | €6k | €-27k | ▼ 537% |
| Investment in fixed assets (approximation) | - | - | €0 | €-3k | €0 | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
21-03
KBO administration
Address struck
Louizalaan 367 1050 Die Sitzadresse Avenue Louise / Louizalaan
Ixelles · event 08-01-2025
27-01
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 20-01-2025
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 67 days late
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 242 days late
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 528 days late
2019
31-12
Financial
Highest result since 2018net €26k ▲144%
Operating result €33k, net result €26k, both a record.
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
13-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 135 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
2015
06-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 67 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Elsene · 1 establishment unit since 2012
Ground area
959 m²
Building footprint
459 m²
Volume, LiDAR
6,580 m³
2 parcels, Brussels · tallest building 34.0 m, ±6 floors. Linked by address, not a title deed.
493
companies at this address
See who is registered here
1 establishment unit
AMANI-NADINE KITA
since 20122.210.763.325
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C1247/00Z002 | Brussels | 692 m² | 1 · 193 m² | 20.3 m · 6 fl. |
| 21807G0211/00W012 | Brussels | 266 m² | 1 · 265 m² | 34.0 m · 5 fl. |
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALEXANDRE SAUSSEZ LEUVENSESTEENWEG 369,
1932 SINT-STEVENS-WOLUWE |
20-01-2025 → present |
Similar companies · same sector, comparable size
PhiDesCo
BE 0767.929.204
Berlaar · Eq €64,044
LCL Consult
BE 0780.927.697
Zedelgem · Eq €64,046
HAPPY THRIBE
BE 1000.121.369
Antwerpen · Eq €64,047
HRTE
BE 0794.212.937
Soumagne · Eq €64,040
VPELT
BE 0763.832.141
Beveren-Kruibeke-Zwijndrecht · Eq €64,051
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,288 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
Founded05-04-2012
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
85591Education
Scores and ratios are computed by Checked and are not a credit decision.