The abstraction of the Lewis acid from [W(CO)(5)(PH(2)BH(2)NMe(3))] (1) by an excess of P(OMe(3))(3) leads to the quantitative formation of the first Lewis base stabilized monomeric parent compound of phosphanylborane [H(2)PBH(2)NMe(3)] 2. Density functional theory (DFT) calculations have shown a low energetic difference between the crystallographically determined antiperiplanar arrangement of the lone pair and the trimethylamine group relative to the P-B core and the synperiplanar conformation. Subsequent reactions with the main-group Lewis acid BH(3) as well as with an [Fe(CO)(4)] unit as a transition-metal Lewis acid led to the formation of [(BH(3))PH(2)BH(2)NMe(3)] (3), containing a central H(3)B-PH(2)-BH(2) unit, and [Fe(CO)(4)(PH(2)BH(2)NMe(3))] (4), respectively. In oxidation processes with O(2), Me(3)NO, elemental sulfur, and selenium, the boranylphosphine chalcogenides [H(2)P(Q)BH(2)NMe(3)] (Q = S 5 b; Se 5 c) as well as the novel boranyl phosphonic acid [(HO)(2)P(O)BH(2)NMe(3)] (6 a) are formed. All products have been characterized by spectroscopic as well as by single-crystal X-ray structure analysis.