Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHASE II from Ukkel, company number BE0732904977, closed financial year 2025 with a result of € -46,750 after tax. For that financial year PHASE II recorded a gross margin of € 110,447 and equity of € -90,656. Compared with financial year 2024, the result moved from € -19,424 to € -46,750. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ -90,656
▼ € 46,750 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -46,750
▼ 141 % more loss than in 2024
Profit after tax over the fiscal year.
€ 27,999
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -96,856.
People and assets in 2025
€ 79,451
▼ 8% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,989
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 191,112
▼ 22% vs 2024
€ 58,403 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 8,847
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,934
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 188,827 | € 195,922 | € 150,886 | € 110,447 | ▼ 27% |
| Profit after taxes | € 9,622 | € 36,399 | € -19,424 | € -46,750 | ▼ € 27,326 |
| Equity | € -60,881 | € -24,482 | € -43,906 | € -90,656 | ▼ € 46,750 |
| Total debts | € 432,596 | € 413,625 | € 349,649 | € 305,645 | ▼ 13% |
| Cash | € 42,060 | € 84,297 | € 42,133 | € 27,999 | ▼ 34% |
| Retained profit | € -67,081 | € -30,682 | € -50,106 | € -96,856 | ▼ € 46,750 |
| Bank debt | € 350,140 | € 297,411 | € 244,507 | € 191,112 | ▼ 22% |
| Balance sheet total | € 371,715 | € 389,143 | € 305,743 | € 214,989 | ▼ 30% |
Key figures of PHASE II, 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 PHASE II?
What happened at PHASE II in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 46,750. Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,622 profit in 2022 to € 46,750 loss in 2025.
Best year ever: 2023, with € 36,399 profit.
A new publication or filing at PHASE II? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PHASE II are RICCARDO CROCE and CATHERINE DIERCKXSENS. RICCARDO CROCE is also behind RICCARDO CROCE.
Directors
According to the 2025 annual accounts
CATHERINE DIERCKXSENS
Director
Establishments
Establishment units
Physical locations of this company
Houzeaulaan 66
1180 Ukkel
Maria-Louizasquare 60
1000 Brussel
Active since 8 October 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Hosting & Email
Email provider
Self-hosted
Hosting
SRCI-MID-RF-AS, RU
Domain
Domain
mid.ru
Registered
1997-11-03
Registrar
RU-CENTER-RU
Expires
2026-11-30
Website info
Features
Security
Details
- Company number
- 0732.904.977
- VAT number
- BE 0732.904.977
- Registered office
- Houzeaulaan 66, 1180 Ukkel
- Names & denominations
- PHASE II
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 August 2019
- Peppol
- Active · Active since 23 Dec 2025
- Contact
- mid.ru
- Activities · NACE
Activiteiten van huisartspraktijken
Schoonheidsverzorging en andere schoonheidsbehandelingen
Schoonheidsverzorging