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Pharrowtech

Opening faillissementBesloten VennootschapLeuven0722.804.804

No longer active: the verdict from the 2023 annual accounts no longer applies.

Details

Company details

Enterprise number
0722.804.804
VAT number
BE 0722.804.804
Peppol ID
Not found in the Peppol Directory. Check it yourself
Legal form
Besloten Vennootschap
Start date
15/03/20197 years
Legal situation
Opening faillissement
Main activity
Ontwerpen van computerprogramma’s 62100
AddressPhilipssite 5-A
3001 Leuven
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Why

Is Pharrowtech a healthy company?

At risk
  • At risk

    The annual accounts were filed late, or the next ones haven't come in yet.

  • Return on equityWeak

    The company makes little profit on the money its owners put in.

    −606.0%. Typical in the sector: 15.0%

  • Debt service coverageWeak

    What the company earns in a year barely covers that year's loan repayments, or falls short.

    −709.38×

Based on the 2023 annual accounts, filed on 13/08/2024. View the annual accounts at the NBB

Creya method: information, not advice. How we calculate

Sector comparison

How does Pharrowtech compare with its sector?

We set every ratio against similar companies, using the National Bank's sector figures.

Compare with the sector

Key figures

Figures over the years

Gross margin 2023
−€5.0m
−901%
Profit or loss 2023
−€17.5m
Fell
Equity 2023
€2.9m
−86%
Employees (FTE) 2023
23.4
+17%
Gross margin 2022–2023−901%
20222023
Key figures per fiscal year
Fiscal year20232022
Income statement
Gross margin−€4,959,339−901%€618,883
Operating result−€17,502,550Fell−€1,952,845
Profit or loss−€17,525,148Fell−€1,990,037
Balance sheet
Equity€2,892,147−86%€20,417,295
Total assets€3,816,640−82%€21,264,308
Staff
Employees (FTE)23.4+17%20
Filed13/08/2024In 2023

Amounts as filed with the National Bank. Small companies don't have to publish their revenue. 2022: previous fiscal year, as stated in the 2023 annual accounts.

Management

Who runs Pharrowtech?

According to the annual accounts of 13/08/2024.

Directors7
3 companies4 people
When did they join?Newest director in 2024

Directors (7)

  • Pieter VorenkampChair of the board of directorssince 21/06/2024
  • Wim Van ThilloManaging directorsince 21/06/2024
  • Carl De RanterDirectorsince 21/06/2024
  • David LeftleyDirectorsince 21/06/2024
  • Imec.XpandDirectorsince 21/06/2024represented by Peter Vanbekbergen
  • Innovations Industries ManagementDirectorsince 21/06/2024represented by Sander Verbrugge
Show all 7

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Timeline

Filed annual accounts

Questions

Frequently asked questions about Pharrowtech

Is Pharrowtech a healthy company?

At risk. The latest annual accounts show serious weak points. Based on the 2023 annual accounts, filed on 13/08/2024.

What is the revenue of Pharrowtech?

Pharrowtech doesn't have to publish its revenue. The gross margin was −€4,959,339 in 2023.

How much profit does Pharrowtech make?

The result of fiscal year 2023 was −€17,525,148.

How many employees does Pharrowtech have?

On average 23.4 full-time equivalents in 2023.

Who manages Pharrowtech?

According to the annual accounts of 13/08/2024: Pieter Vorenkamp, Wim Van Thillo, Carl De Ranter, David Leftley, Imec.Xpand.

What is the VAT number of Pharrowtech?

The VAT number is BE 0722.804.804. The enterprise number is 0722.804.804.

Where is Pharrowtech located?

Philipssite 5-A, 3001 Leuven.

What is the Peppol ID of Pharrowtech?

We didn't find Pharrowtech in the Peppol Directory. That doesn't prove the company isn't on Peppol: check it yourself in the directory.

When was Pharrowtech founded?

The start date in the KBO is 15/03/2019.

Sources

Where do these numbers come from?

Something not right?