PHYTEX
ActivePHYTEX has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-320k) and a net result of €-56k. Equity is shrinking by ~50.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 637 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
27
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.02 in 2023; short-term debt: 251.7% and cash: 2.8% of total assets), and equity is negative.
Credit advice 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 · 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 2024Solvency, return and age of the figures
Solvency
-151.7%
Return on assets
-26.7%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-320k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
36 d early
2022
16 d early
2021
41 d early
2020
40 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-320k▼ 21.3%
2023 · €-263k
2018: €199k
2019: €163k
2020: €99k
2021: €-16k
2022: €-190k
2023: €-263k
2018 → 2024
Total assets
€211k▼ 30.5%
2023 · €303k
2018: €257k
2019: €350k
2020: €534k
2021: €438k
2022: €361k
2023: €303k
2018 → 2024
Net result
€-56k▲ 23.0%
2023 · €-73k
2018: €-56k
2019: €-36k
2020: €-64k
2021: €-114k
2022: €-175k
2023: €-73k
2018 → 2024
Working capital
€-524k▲ 5.5%
2023 · €-555k
2018: €-24k
2019: €-119k
2020: €-397k
2021: €-442k
2022: €-538k
2023: €-555k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€99k-€-16k€-190k▼ 1,127%€-263k▼ 38.4%€-320k▼ 21.3%
Operating result€-64k-€-114k▼ 78.2%€-175k▼ 53.2%€-73k▲ 58.3%€-57k▲ 21.2%
Net result€-64k-€-114k▼ 78.2%€-175k▼ 53.1%€-73k▲ 58.2%€-56k▲ 23.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €57k in 2024 against €73k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €211k
Fixed assets
€205k▼ 29.7%
Current assets
€6k▼ 50.5%
Key figures and ratios
EBITDA
€-8k▲
2023 · €-22k
Cash flow
€-7k▲
2023 · €-23k
Solvency
-151.7%▼
2023 · -86.8%
Current ratio
0.01▼
2023 · 0.02
Quick ratio
0.01▼
2023 · 0.02
Debt / equity
-1.66▲
2023 · -2.15
ROA
-26.7%▼
2023 · -24.1%
Interest coverage
-58.99▲
2023 · -122.56
Debt
€530k▼
2023 · €566k
Debt ≤ 1 year
€530k▼
2023 · €566k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€303k€211k▼
Fixed assets21/28€291k€205k▼
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€247k€197k▼
Plant, machinery and equipment23€247k€197k▼
Furniture and vehicles24-€0
Financial fixed assets28€40k€5k▼
Current assets29/58€12k€6k▼
Amounts receivable within one year40/41€4k€8▼
Trade receivables40€4k-
Other amounts receivable41€86€8▼
Cash at bank and in hand54/58€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€303k€211k▼
Equity10/15€-263k€-320k▼
Contributions10/11€300k€300k=
Capital10€300k€300k=
Issued capital100€300k€300k=
Profit (loss) carried forward14€-563k€-620k▼
Amounts payable17/49€566k€530k▼
Amounts payable within one year42/48€566k€530k▼
Trade debts44€1k€0▼
Suppliers440/4€1k€0▼
Other amounts payable47/48€565k€530k▼
Income statement
Code20232024
Remuneration, social security and pensions62€19k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€49k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-2k€-6k▼
Operating profit (loss)9901€-73k€-57k▲
Financial income75/76B€13€1k▲
Recurring financial income75€13€1k▲
Financial charges65/66B€183€138▼
Recurring financial charges65€183€138▼
Profit (loss) for the period before taxes9903€-73k€-56k▲
Income taxes67/77€2-
Profit (loss) for the period9904€-73k€-56k▲
Profit (loss) for the period to be appropriated9905€-73k€-56k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-563k€-620k▼
Profit (loss) brought forward from the previous period14P€-490k€-563k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-175k
Net result drops to €-175k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Manage · 1 establishment unit since 2016
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.
rue des Brasseries 87170 ManageGround area
1,113 m²
Parcel 52043F0400/00F002, Wallonia. Linked by address, not a title deed.
1 establishment unit
PHYTEX
since 20162.257.719.738
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52043F0400/00F002indicative | Wallonia | 1,113 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,178 companies in sector 72109 we hold annual accounts for 716. 448 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-10-2016
Fiscal year end31-12
Activities, NACEBEL
72109Other research and development on natural sciences
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.