Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHOENIX from Zaventem, company number BE0479068647, closed financial year 2025 with a result of € -3,692 after tax. For that financial year PHOENIX recorded a gross margin of € 36,135 and equity of € 388,848. Compared with financial year 2024, the result moved from € 67,400 to € -3,692. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 388,848
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,692
▼ still € 67,400 profit in 2024
Profit after tax over the fiscal year.
€ 85,609
▲ € 71,194 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 370,248.
Debts at end 2025
€ 57,681
▼ 39% vs 2024
€ 38,079 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4,619
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 87,603 | € 40,028 | € 117,574 | € 36,135 | ▼ 69% |
| Profit after taxes | € 44,709 | € 13,194 | € 67,400 | € -3,692 | ▼ € 71,092 |
| Equity | € 429,742 | € 363,267 | € 422,540 | € 388,848 | ▼ 8% |
| Total debts | € 308,937 | € 279,774 | € 273,254 | € 217,410 | ▼ 20% |
| Cash | € 60,156 | € 10,812 | € 14,414 | € 85,609 | ▲ € 71,194 |
| Land & buildings | € 358,628 | € 346,230 | € 333,833 | € 349,619 | ▲ 5% |
| Retained profit | € 411,142 | € 344,667 | € 403,940 | € 370,248 | ▼ 8% |
| Dividend | € 0 | € 79,669 | € 8,127 | € 30,000 | ▲ 269% |
| Bank debt | € 163,433 | € 129,543 | € 94,310 | € 57,681 | ▼ 39% |
| Balance sheet total | € 738,679 | € 643,041 | € 695,794 | € 606,258 | ▼ 13% |
Key figures of PHOENIX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PHOENIX?
What happened at PHOENIX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,692 (▼ € 71,092 vs 2024). Source: NBB ↗
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,709 profit in 2022 to € 3,692 loss in 2025.
Paid € 59,910 in corporate taxes since 2022.
Best year ever: 2024, with € 67,400 profit.
Paid out € 117,796 in dividends to the owners in total.
Management
Behind PHOENIX are Ioan Codrea, Aurel Codrea and Gheorghe Codrea. It owns 40% of PHOENIX ENGINEERING itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Sterrebeekstraat 181 box C4
1930 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.068.647
- VAT number
- BE 0479.068.647
- Registered office
- Sterrebeekstraat 181 bus C4, 1930 Zaventem
- Names & denominations
- PHOENIX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2002
- Peppol
- Active · Active since 13 Dec 2022
- Activities · NACE
Algemene bouw van kantoorgebouwen
Schrijnwerk
Sanitaire werkzaamheden
Overig loodgieterswerk
Schrijnwerk van hout of van kunststof