PH CONSTRUCT
Annual accounts 2025
micro format, filed on 25-07-2026, 6 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €81,000. Estimated: probably between €50,000 and €120,000.
Balance sheet
balance sheet total €27,349 on 31-12-2025in euro
in euro
Position in the sector
14.7%
Higher than 17% of 35,119 companies in 2025.
1.13
Higher than 27% of 34,493 companies in 2025.
0.6%
Higher than 26% of 34,694 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
27,349 | 25,309 | 7,337 | |
21/28 |
889 | 801 | 1,243 | |
22/27 |
889 | 801 | 1,243 | |
23 |
183 | 379 | 575 | |
24 |
705 | 421 | 668 | |
29/58 |
26,460 | 24,508 | 6,094 | |
40/41 |
24,269 | 16,351 | 3,630 | |
40 |
6,109 | 9,623 | 3,161 | |
41 |
18,160 | 6,727 | 469 | |
54/58 |
414 | 5,345 | 2,463 | |
490/1 |
1,776 | 2,813 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
27,349 | 25,309 | 7,337 | |
10/15 |
4,020 | 3,861 | -695 | |
10/11 |
3,100 | 3,100 | 3,100 | |
13 |
920 | 761 | - | |
133 |
920 | 761 | - | |
14 |
- | - | -3,795 | |
17/49 |
23,329 | 21,448 | 8,032 | |
42/48 |
23,329 | 21,448 | 8,032 | |
44 |
12,524 | 6,085 | 2,429 | |
440/4 |
12,524 | 6,085 | 2,429 | |
45 |
10,805 | 3,235 | 1,336 | |
450/3 |
10,805 | 3,235 | 1,336 | |
47/48 |
- | 12,128 | 4,268 | |
| Income statement | ||||
9900 |
6,171 | 7,879 | 18,403 | |
62 |
- | - | 20,923 | |
630 |
600 | 442 | 84 | |
640/8 |
1,229 | 1,419 | 943 | |
9901 |
4,341 | 6,018 | -3,546 | |
75/76B |
0 | - | 220 | |
75 |
0 | - | 220 | |
65/66B |
3,260 | 1,032 | 469 | |
65 |
3,260 | 1,032 | 469 | |
9903 |
1,081 | 4,986 | -3,795 | |
67/77 |
923 | 429 | - | |
9904 |
158 | 4,557 | -3,795 | |
9905 |
158 | 4,557 | -3,795 | |
| Appropriation of the result | ||||
9906 |
158 | 761 | -3,795 | |
14P |
- | -3,795 | - | |
691/2 |
158 | 761 | - | |
6921 |
158 | 761 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 25-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 4,942 | 6,460 | -3,462 | ||
| 758 | 4,999 | -3,711 | ||
| 688 | 0 | 1,327 | ||
| -4,931 | 2,882 | - | ||
| 3,131 | 3,061 | -1,939 | ||
| 14.7% | 15.3% | -9.5% | ||
| 1.13 | 1.14 | 0.76 | ||
| 5.80 | 5.55 | - | ||
| 3.9% | 118.0% | - | ||
| 0.6% | 18.0% | -51.7% | ||
| 1.52 | 6.26 | -7.38 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €688 | - | €1,327 |
| €600 | €442 | €84 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on PH CONSTRUCT
The operating result for 2025 is 28% lower than in 2024.
Debt's share of the balance-sheet total rises from 84.7% to 85.3%. Equity and debt are higher.