PH-Design
ActiveSummary
PH-Design is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (-€117,849) and a net result of -€113,704. Equity is shrinking by ~45.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 6166 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 6166 sector peers (2024).
NBB · sector comparisonPosition among 6166 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
149 d late
2022
30 d late
2021
78 d late
2020
61 d late
2019
131 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 85 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
-€117,849▼ 2,743%
2023 · -€4,146
Net result
-€113,704▼ 74.3%
2023 · -€65,234
Total assets
€5.4m▼ 11.2%
2023 · €6.1m
Solvency
-2.2%▼ 2.1pp
2023 · -0.1%
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€1.7m€122,515▼ 93.0%
Operating result€26,121▼ 80.9%€53,867▲ 106%€91,249▲ 69.4%€12,782▼ 86.0%-€129,952
Net result-€44,113below the sector's middle half-€33,354below the sector's middle half▲ 24.4%€34,805within the sector's middle half-€65,234below the sector's middle half-€113,704below the sector's middle half▼ 74.3%
Equity€59,637within the sector's middle half▼ 42.5%€26,283below the sector's middle half▼ 55.9%€61,088below the sector's middle half▲ 132%-€4,146below the sector's middle half-€117,849below the sector's middle half▼ 2,743%
Total assets€5.4mabove the sector's middle half▼ 2.1%€6.9mabove the sector's middle half▲ 27.8%€7.5mabove the sector's middle half▲ 7.6%€6.1mabove the sector's middle half▼ 18.6%€5.4mabove the sector's middle half▼ 11.2%
Debt€5.4m▼ 1.3%€6.9m▲ 28.8%€7.4m▲ 7.2%€6.1m▼ 17.9%€5.5m▼ 9.4%
Working capital€112,265within the sector's middle half▼ 42.8%€30,815within the sector's middle half▼ 72.6%€209,754within the sector's middle half▲ 581%€27,419within the sector's middle half▼ 86.9%-€1.1mbelow the sector's middle half
Solvency1.1%below the sector's middle half▼ 0.8pp0.4%below the sector's middle half▼ 0.7pp0.8%below the sector's middle half▲ 0.4pp-0.1%below the sector's middle half▼ 0.9pp-2.2%below the sector's middle half▼ 2.1pp
Current ratio1.02within the sector's middle half▼ 0.021.00within the sector's middle half▼ 0.021.03within the sector's middle half▲ 0.031.01within the sector's middle half▼ 0.030.80within the sector's middle half▼ 0.20
Return on assets (ROA)-0.8%below the sector's middle half▼ 1.6pp-0.5%below the sector's middle half▲ 0.3pp0.5%within the sector's middle half▲ 0.9pp-1.1%below the sector's middle half▼ 1.5pp-2.1%below the sector's middle half▼ 1.0pp
Staff (FTE)0.8within the sector's middle half=0.8below the sector's middle half=0.8within the sector's middle half=0.8within the sector's middle half=0.8within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €129,952 after €12,782 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.4m
Fixed assets
€992,996 ▼ 5.5%
Current assets
€4.4m ▼ 12.4%
Key figures and ratios
Debt ≤ 1 year
€5.5m▲
2023 · €5.0m
Debt > 1 year
€22,853▼
2023 · €1.1m
Income taxes
-€739▼
2023 · €28,700
Staff costs
€36,188▼
2023 · €37,176
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €1.7m | €122,515 | ▼ 93.0% |
| Non-recurring operating income76A | - | €88,569 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €825,125 | €201,541 | ▼ 75.6% |
| Remuneration, social security and pensions62 | - | €30,567 | €30,989 | €37,176 | €36,188 | ▼ 2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,311 | €58,473 | €59,210 | €57,826 | €57,651 | ▼ 0.3% |
| Other operating charges640/8 | - | €35,317 | €14,968 | €29,192 | €25,898 | ▼ 11.3% |
| Gross operating margin9900 | €94,834 | €178,225 | €196,416 | €136,977 | -€10,214 | ▼ 107% |
| Operating profit (loss)9901 | €26,121 | €53,867 | €91,249 | €12,782 | -€129,952 | ▼ 1,117% |
| Financial income75/76B | - | €1,094 | €3,896 | €5,445 | €37,309 | ▲ 585% |
| Recurring financial income75 | €58 | €1,094 | €3,896 | €5,445 | €37,309 | ▲ 585% |
| Financial charges65/66B | - | €48,426 | €60,269 | €54,760 | €21,800 | ▼ 60.2% |
| Recurring financial charges65 | €66,775 | €48,426 | €60,269 | €54,760 | €21,800 | ▼ 60.2% |
| Profit (loss) for the period before taxes9903 | -€40,596 | €6,535 | €34,876 | -€36,534 | -€114,442 | ▼ 213% |
| Income taxes67/77 | €3,518 | €39,889 | €71 | €28,700 | -€739 | ▼ 103% |
| Profit (loss) for the period9904 | -€44,113 | -€33,354 | €34,805 | -€65,234 | -€113,704 | ▼ 74.3% |
| Profit (loss) for the period to be appropriated9905 | -€44,113 | -€33,354 | €34,805 | -€65,234 | -€113,704 | ▼ 74.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.4m | €6.9m | €7.5m | €6.1m | €5.4m | ▼ 11.2% |
| Fixed assets21/28 | €450,835 | €519,862 | €1.1m | €1.1m | €992,996 | ▼ 5.5% |
| Tangible fixed assets22/27 | €450,835 | €519,862 | €1.1m | €1.1m | €992,996 | ▼ 5.5% |
| Land and buildings22 | - | €418,997 | €1.0m | €1.0m | €988,368 | ▼ 2.5% |
| Plant, machinery and equipment23 | - | €210 | - | €2,383 | €1,833 | ▼ 23.1% |
| Furniture and vehicles24 | - | €100,654 | €66,880 | €34,670 | €2,795 | ▼ 91.9% |
| Current assets29/58 | €5.0m | €6.4m | €6.4m | €5.0m | €4.4m | ▼ 12.4% |
| Stocks and contracts in progress3 | €1.6m | €2.0m | €1.6m | €485,923 | €485,679 | ▼ 0.1% |
| Stocks30/36 | - | €2.0m | €210,579 | €210,579 | €210,579 | = |
| Contracts in progress37 | - | - | €1.4m | €275,344 | €275,100 | ▼ 0.1% |
| Amounts receivable within one year40/41 | €3.3m | €4.4m | €4.7m | €4.5m | €3.9m | ▼ 13.4% |
| Trade receivables40 | - | €4.4m | €4.6m | €4.2m | €3.5m | ▼ 17.0% |
| Other amounts receivable41 | - | €22,846 | €108,838 | €274,821 | €391,359 | ▲ 42.4% |
| Cash at bank and in hand54/58 | €134,738 | €40,129 | €62,538 | €17,052 | €2,779 | ▼ 83.7% |
| Deferred charges and accrued income490/1 | - | €169 | €5,713 | €10,030 | €3,735 | ▼ 62.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.4m | €6.9m | €7.5m | €6.1m | €5.4m | ▼ 11.2% |
| Equity10/15 | €59,637 | €26,283 | €61,088 | -€4,146 | -€117,849 | ▼ 2,743% |
| Contributions10/11 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Outside capital11 | - | €50,000 | - | - | - | - |
| Other1109/19 | - | €50,000 | - | - | - | - |
| Reserves13 | €53,751 | €53,751 | €53,751 | €53,751 | €53,751 | = |
| Non-distributable reserves130/1 | - | €5,000 | €5,000 | - | - | - |
| Reserves not available under the articles1311 | - | €5,000 | €5,000 | - | - | - |
| Distributable reserves133 | - | €48,751 | €48,751 | €53,751 | €53,751 | = |
| Profit (loss) carried forward14 | -€44,113 | -€77,467 | -€42,663 | -€107,896 | -€221,600 | ▼ 105% |
| Amounts payable17/49 | €5.4m | €6.9m | €7.4m | €6.1m | €5.5m | ▼ 9.4% |
| Amounts payable after more than one year17 | €503,463 | €524,394 | €1.3m | €1.1m | €22,853 | ▼ 97.9% |
| Financial debts170/4 | - | €524,394 | €457,582 | €1.1m | €22,853 | ▼ 97.9% |
| Other amounts payable178/9 | - | - | €793,959 | - | - | - |
| Amounts payable within one year42/48 | €4.9m | €6.4m | €6.2m | €5.0m | €5.5m | ▲ 9.8% |
| Current portion of amounts payable after more than one year42 | - | €443,533 | €64,322 | €66,217 | €368,436 | ▲ 456% |
| Financial debts43 | - | €574,120 | €432,915 | €149,334 | - | - |
| Credit institutions430/8 | - | €574,120 | €432,915 | €149,334 | - | - |
| Trade debts44 | €406,076 | €363,571 | €866,461 | €245,200 | €230,140 | ▼ 6.1% |
| Suppliers440/4 | - | €363,571 | €866,461 | €245,200 | €230,140 | ▼ 6.1% |
| Advances received on contracts in progress46 | - | €4.6m | €4.4m | €3.6m | €3.6m | = |
| Taxes, remuneration and social security45 | - | €39,555 | €235,721 | €24,440 | €23,704 | ▼ 3.0% |
| Taxes450/3 | - | €30,473 | €228,454 | €14,710 | €12,414 | ▼ 15.6% |
| Remuneration and social security454/9 | - | €9,082 | €7,267 | €9,730 | €11,290 | ▲ 16.0% |
| Other amounts payable47/48 | - | €333,556 | €160,524 | €868,085 | €1.2m | ▲ 40.6% |
| Accrued charges and deferred income492/3 | - | - | €1,484 | €3,756 | €42 | ▼ 98.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€44,113 | -€33,354 | €34,805 | -€65,234 | -€113,704 | ▼ 74.3% |
| + Depreciation and write-downs630 | €30,311 | €58,473 | €59,210 | €57,826 | €57,651 | ▼ 0.3% |
| Operating cash flow (approximation) | -€13,803 | €25,119 | €94,015 | -€7,407 | -€56,052 | ▼ 657% |
| Investment in fixed assets (approximation) | - | -€127,500 | -€643,707 | -€4,115 | €0 | ▲ 100% |
| Change in cash | - | -€94,609 | €22,410 | -€45,486 | -€14,274 | ▲ 68.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet -€113,704
Net result drops to -€113,704, the lowest in the series.
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 149 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Back to profitnet €34,805
Net result €34,805 after 2 loss-making years.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 131 days late
2019
31-12
Financial
Highest result since 2018net €44,231 ▲295%
Operating result €136,475, net result €44,231, both a record.
31-12
Financial
Equity above €100,000Eq €103,751 ▲74.3%
2 profitable years in a row build equity to €103,751.
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 83 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Heusden-Zolder · 1 establishment unit since 2015
Ground area
1,097 m²
Building footprint
196 m²
Volume, LiDAR
940 m³
Parcel 71025A0873/00B000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOM CONSTRUCT
since 20152.251.103.645
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A0873/00B000 | Flanders | 1,097 m² | 1 · 196 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
- Philippe SOMERSnatural personSourceown accounts 202499.9%
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of PH-Design and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 11,022 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-11-2015
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0642592138
Registered
09-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.