PHALADEL
Annual accounts 2025
full format, filed on 02-07-2026, 29 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €960,000. Estimated: probably between €730,000 and €1.5m.
Money flows
no detail for 2025Balance sheet
balance sheet total €694,145 on 31-12-2025in euro
in euro
Position in the sector
63.0%
Higher than 76% of 5,069 companies in 2025.
3.49
Higher than 83% of 4,995 companies in 2025.
0.4%
Higher than 31% of 5,038 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff
€57,471
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
694,145 | 1.4m | 1.3m | 1.3m | 1.4m | 1.4m | 1.4m | 1.4m | 1.3m | 1.3m | 1.3m | 1.3m | 1.2m | 1.1m | 990,166 | 919,843 | 834,677 | 657,330 | 702,421 | 676,085 | |
21/28 |
163,216 | 44,508 | 29,430 | 779,036 | 781,948 | 530,170 | 33,261 | 40,925 | 50,320 | 62,493 | 78,042 | 88,231 | 89,655 | 114,467 | 136,679 | 159,985 | 185,428 | 211,632 | 239,669 | 263,575 | |
22/27 |
163,216 | 44,508 | 29,430 | 27,636 | 30,547 | 32,000 | 33,261 | 40,925 | 50,320 | 62,493 | 78,042 | 88,231 | 89,655 | 114,467 | 136,679 | 159,985 | 185,428 | 211,632 | 239,669 | 263,575 | |
22 |
149,639 | 25,260 | 25,260 | 25,260 | 25,260 | 25,430 | 28,171 | 34,508 | 42,165 | 49,824 | 57,480 | 65,138 | 88,216 | 111,743 | 135,445 | 159,152 | 183,165 | 207,918 | 233,810 | 260,819 | |
23 |
938 | 2,248 | 3,559 | 2,009 | 3,934 | 4,230 | 4,676 | 4,104 | - | - | - | - | - | - | - | - | 160 | 320 | - | - | |
24 |
12,640 | 16,999 | 610 | 367 | 1,353 | 2,340 | 413 | 2,313 | 8,155 | 12,669 | 20,562 | 23,093 | 1,439 | 2,724 | 1,234 | 833 | 2,103 | 3,394 | 5,859 | 2,756 | |
28 |
- | - | - | 751,400 | 751,400 | 498,171 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
530,929 | 1.3m | 1.3m | 512,985 | 646,169 | 834,043 | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.2m | 1.1m | 985,714 | 853,487 | 759,858 | 649,249 | 445,698 | 462,752 | 412,510 | |
3 |
120,740 | 146,465 | 126,905 | 81,023 | 121,119 | 118,650 | 126,977 | 124,998 | 124,051 | 139,393 | 128,648 | 130,041 | 124,382 | 122,999 | 112,320 | 119,500 | 116,489 | 125,189 | 118,636 | 103,602 | |
30/36 |
120,740 | 146,465 | 126,905 | 81,023 | 121,119 | 118,650 | 126,977 | 124,998 | 124,051 | 139,393 | 128,648 | 130,041 | 124,382 | 122,999 | 112,320 | 119,500 | 116,489 | 125,189 | 118,636 | 103,602 | |
40/41 |
338,706 | 1.0m | 70,267 | 132,434 | 105,949 | 96,588 | 129,618 | 137,711 | 133,922 | 118,354 | 119,589 | 176,511 | 200,337 | 178,256 | 227,612 | 221,096 | 233,380 | 136,481 | 135,146 | 157,002 | |
40 |
92,640 | 82,057 | 61,314 | 108,278 | 99,081 | 90,473 | 105,549 | 105,678 | 113,595 | 118,306 | 119,551 | 132,606 | 129,537 | 125,452 | 150,843 | 149,325 | 153,902 | 124,059 | 134,653 | 139,393 | |
41 |
246,066 | 967,828 | 8,953 | 24,156 | 6,868 | 6,115 | 24,069 | 32,033 | 20,327 | 48 | 38 | 43,905 | 70,800 | 52,804 | 76,769 | 71,771 | 79,478 | 12,422 | 493 | 17,609 | |
50/53 |
- | 50,000 | 980,000 | - | - | - | - | - | 926,844 | 926,196 | 925,519 | 810,968 | 708,734 | 580,710 | 485,831 | 254,681 | 285,800 | 50,000 | - | - | |
54/58 |
66,728 | 79,970 | 62,791 | 297,213 | 416,968 | 614,238 | 1.1m | 1.0m | 84,982 | 64,870 | 69,321 | 59,879 | 52,399 | 94,682 | 18,367 | 156,933 | 5,624 | 110,997 | 201,883 | 145,491 | |
490/1 |
4,755 | 285 | 16,716 | 2,315 | 2,132 | 4,567 | 8,407 | 2,790 | 4,474 | 8,291 | 10,574 | 10,131 | 4,929 | 9,067 | 9,357 | 7,648 | 7,956 | 23,031 | 7,087 | 6,415 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
694,145 | 1.4m | 1.3m | 1.3m | 1.4m | 1.4m | 1.4m | 1.4m | 1.3m | 1.3m | 1.3m | 1.3m | 1.2m | 1.1m | 990,166 | 919,843 | 834,677 | 657,330 | 702,421 | 676,085 | |
10/15 |
437,036 | 434,555 | 1.2m | 1.2m | 1.3m | 1.3m | 1.3m | 1.3m | 1.2m | 1.2m | 1.1m | 1.1m | 988,776 | 881,400 | 813,626 | 730,764 | 639,692 | 547,895 | 467,351 | 383,659 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | - | - | - | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
11 |
- | - | - | - | - | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
287,333 | 287,333 | 1.1m | 1.1m | 1.3m | 1.2m | 1.2m | 1.2m | 1.2m | 1.1m | 1.1m | 1.0m | 926,776 | 819,400 | 751,626 | 668,764 | 577,692 | 485,895 | 405,351 | 321,659 | |
130/1 |
6,200 | 6,200 | 6,200 | 4,958 | 4,958 | 4,958 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,200 | 6,200 | 6,200 | - | - | - | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | |
1311 |
- | - | - | 4,958 | 4,958 | 4,958 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | - | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | |
133 |
281,133 | 281,133 | 1.1m | 1.1m | 1.3m | 1.2m | 1.2m | 1.2m | 1.1m | 1.1m | 1.0m | 944,523 | 865,568 | 758,192 | 690,418 | 607,556 | 516,484 | 424,687 | 344,143 | 260,451 | |
14 |
87,703 | 85,222 | 32,142 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
257,109 | 936,559 | 129,634 | 113,930 | 96,553 | 79,638 | 100,970 | 90,757 | 102,705 | 123,351 | 198,276 | 208,030 | 191,660 | 218,781 | 176,540 | 189,079 | 194,985 | 109,435 | 235,070 | 292,426 | |
17 |
105,110 | 10,778 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 64,600 | 104,600 | |
170/4 |
105,110 | 10,778 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 64,600 | 104,600 | |
42/48 |
151,999 | 925,774 | 129,634 | 107,930 | 90,553 | 79,638 | 94,899 | 90,757 | 96,705 | 123,178 | 198,147 | 207,903 | 191,533 | 218,654 | 176,417 | 188,960 | 194,845 | 108,411 | 170,313 | 185,642 | |
42 |
12,462 | 4,891 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
43 |
1,833 | 59,000 | 60,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2 | 2 | - | |
430/8 |
1,833 | 59,000 | 60,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2 | 2 | - | |
44 |
96,146 | 54,319 | 41,740 | 81,668 | 75,727 | 59,221 | 80,071 | 73,709 | 78,764 | 89,602 | 139,780 | 151,457 | 156,604 | 191,150 | 162,478 | 166,405 | 181,372 | 98,616 | 154,762 | 168,133 | |
440/4 |
96,146 | 54,319 | 41,740 | 81,668 | 75,727 | 59,221 | 80,071 | 73,709 | 78,764 | 89,602 | 139,780 | 151,457 | 156,604 | 191,150 | 162,478 | 166,405 | 181,372 | 98,616 | 154,762 | 168,133 | |
45 |
38,239 | 30,966 | 25,286 | 26,262 | 14,825 | 13,633 | 12,544 | 14,764 | 15,657 | 25,292 | 27,683 | 16,262 | 11,273 | 11,304 | 11,419 | 13,535 | 12,406 | 9,726 | 10,980 | 17,443 | |
450/3 |
2,417 | 786 | 1,301 | 4,988 | 1,499 | 2,223 | 1,184 | 1,693 | 3,969 | 12,450 | 14,958 | 4,781 | 110 | 314 | 814 | 3,288 | 2,312 | - | 2,002 | 1,355 | |
454/9 |
35,822 | 30,180 | 23,986 | 21,275 | 13,326 | 11,410 | 11,361 | 13,071 | 11,688 | 12,842 | 12,725 | 11,481 | 11,163 | 10,990 | 10,605 | 10,247 | 10,094 | 9,726 | 8,978 | 16,088 | |
47/48 |
3,319 | 776,598 | 2,608 | - | - | 6,784 | 2,284 | 2,284 | 2,284 | 8,284 | 30,684 | 40,184 | 23,656 | 16,200 | 2,520 | 9,020 | 1,067 | 67 | 4,569 | 66 | |
492/3 |
- | 7 | - | 6,000 | 6,000 | - | 6,071 | - | 6,000 | 173 | 129 | 127 | 127 | 127 | 123 | 119 | 140 | 1,024 | 157 | 2,184 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.4m | 1.4m | 1.5m | 1.4m | 1.3m | 1.3m | |
76A |
- | - | 6,806 | 1,880 | 223 | 501 | 617 | 464 | 166 | 607 | 986 | - | 3,246 | 73 | 1,357 | 81 | 800 | - | 30 | 9 | |
9900 |
269,402 | 239,947 | 221,488 | 279,682 | 182,794 | 139,484 | 146,756 | 188,893 | 161,013 | 193,869 | 216,361 | 215,180 | 246,597 | 235,785 | 266,839 | 272,436 | 278,569 | 255,659 | 266,035 | 211,423 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.1m | 1.2m | 1.2m | 1.1m | 1.1m | 1.0m | |
62 |
229,885 | 177,609 | 171,074 | 151,234 | 103,312 | 85,948 | 84,652 | 88,072 | 85,698 | 84,595 | 83,602 | 82,864 | 80,395 | 134,974 | 135,350 | 129,252 | 127,920 | 126,178 | 119,302 | 118,261 | |
630 |
22,591 | 5,931 | 873 | 2,912 | 2,924 | 5,246 | 9,663 | 15,764 | 16,635 | 17,735 | 17,210 | 31,343 | 25,391 | 25,373 | 25,157 | 25,443 | 28,704 | 29,827 | 31,468 | 30,731 | |
631/4 |
12,521 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
276 | 4 | 0 | 24,390 | 24,719 | 23,868 | 25,611 | 25,910 | 23,734 | 1,800 | 1,937 | 3,834 | 3,972 | 3,711 | 3,257 | 3,396 | 4,197 | 3,456 | 3,396 | 2,882 | |
66A |
- | - | 394 | 24,185 | 462 | - | 13,928 | 6,786 | 21 | 45 | 151 | 242 | 44 | 61 | 54 | 41 | 4 | 51 | - | 235 | |
9901 |
4,129 | 56,403 | 49,146 | 76,962 | 51,377 | 24,421 | 12,903 | 52,361 | 34,925 | 89,694 | 113,612 | 97,139 | 136,839 | 71,727 | 103,075 | 114,345 | 117,748 | 96,198 | 111,869 | 59,549 | |
75/76B |
1,644 | 22,926 | 16,783 | 13,821 | 12,461 | 4,407 | 694 | 927 | 929 | 930 | 2,301 | 3,051 | 4,258 | 13,234 | 2,775 | 5,000 | 2,538 | 9,962 | 7,893 | 3,922 | |
75 |
1,644 | 22,926 | 16,783 | 13,821 | 12,461 | 4,407 | 694 | 927 | 929 | 930 | 2,301 | 3,051 | 4,258 | 13,234 | 2,775 | 5,000 | 2,538 | 9,962 | 7,893 | 3,922 | |
65/66B |
3,127 | 1,395 | 20,610 | 612 | 430 | 256 | 943 | 201 | 262 | 283 | 96 | 37 | 36 | 122 | 130 | 109 | 125 | 99 | 5,411 | 7,293 | |
65 |
3,127 | 1,395 | 20,610 | 612 | 430 | 256 | 943 | 201 | 262 | 283 | 96 | 37 | 36 | 122 | 130 | 109 | 125 | 99 | 5,411 | 7,293 | |
9903 |
2,646 | 77,935 | 45,319 | 90,170 | 63,407 | 28,572 | 12,653 | 53,087 | 35,592 | 90,341 | 116,652 | 99,911 | 144,263 | 84,851 | 107,023 | 119,276 | 120,957 | 106,010 | 114,381 | 55,952 | |
67/77 |
165 | 24,854 | 11,935 | 23,643 | 16,419 | 15,208 | 2,844 | 13,573 | 9,950 | 27,512 | 50,966 | 20,956 | 36,887 | 17,077 | 24,161 | 28,204 | 29,160 | 25,466 | 30,689 | 13,213 | |
9904 |
2,481 | 53,080 | 33,384 | 66,527 | 46,988 | 13,365 | 9,809 | 39,514 | 25,642 | 62,829 | 65,686 | 78,955 | 107,376 | 67,774 | 82,862 | 91,072 | 91,797 | 80,544 | 83,692 | 42,739 | |
789 |
- | - | - | - | - | 56,250 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
2,481 | 53,080 | 33,384 | 66,527 | 46,988 | 69,615 | 9,809 | 39,514 | 25,642 | 62,829 | 65,686 | 78,955 | 107,376 | 67,774 | 82,862 | 91,072 | 91,797 | 80,544 | 83,692 | 42,739 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
87,703 | 85,222 | 33,384 | 66,527 | 46,988 | 69,615 | 9,809 | 39,514 | 25,642 | 62,829 | 65,686 | 78,955 | 107,376 | 67,774 | 82,862 | 91,072 | 91,797 | 80,544 | 83,692 | 42,739 | |
14P |
85,222 | 32,142 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 775,000 | 55,000 | 220,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 1,242 | 66,527 | 46,988 | 69,615 | 9,809 | 39,514 | 25,642 | 62,829 | 65,686 | 78,955 | 107,376 | 67,774 | 82,862 | 91,072 | 91,797 | 80,544 | 83,692 | 42,739 | |
6920 |
- | - | 1,242 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | 66,527 | 46,988 | 69,615 | 9,809 | 39,514 | 25,642 | 62,829 | 65,686 | 78,955 | 107,376 | 67,774 | 82,862 | 91,072 | 91,797 | 80,544 | 83,692 | 42,739 | |
694/7 |
- | 775,000 | 55,000 | 220,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | 775,000 | 55,000 | 220,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
4 | 3.6 | 2.7 | 2.6 | 1.9 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 2.8 | 2.8 | 2.8 | 2.8 | 2.7 | 2.8 | |
Hours worked1013 |
6,415 | 5,297 | 4,778 | 4,659 | 3,456 | 2,843 | 2,863 | 3,038 | 3,109 | 3,143 | 2,839 | 3,123 | 3,129 | 3,129 | 3,102 | 3,136 | 3,122 | 3,099 | 3,036 | 3,086 | |
| Document | |||||||||||||||||||||
The accounts for 29 older financial years (1977-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 7 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 02-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 02-07-2026 | 2026-00246016 | |
| 31-12-2024 | full format | 04-08-2025 | 2025-00359179 | |
| 31-12-2023 | full format | 12-09-2024 | 2024-00461412 | |
| 31-12-2022 | full format | 05-07-2023 | 2023-00202358 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20400573 | |
| 31-12-2020 | full format | 05-07-2021 | 2021-31200136 | |
| 31-12-2019 | full format | 28-08-2020 | 2020-46400174 | |
| 31-12-2018 | full format | 31-08-2019 | 2019-60400593 | |
| 31-12-2017 | full format | 22-08-2018 | 2018-48100298 | |
| 31-12-2016 | full format | 23-08-2017 | 2017-49300056 | |
| 31-12-2015 | full format | 30-08-2016 | 2016-50700576 | |
| 31-12-2014 | full format | 16-07-2015 | 2015-31100306 | |
| 31-12-2013 | full format | 15-07-2014 | 2014-30400367 | |
| 31-12-2012 | full format | 24-09-2013 | 2013-59100174 | |
| 31-12-2011 | full format | 12-07-2012 | 2012-28600426 | |
| 31-12-2010 | full format | 30-08-2011 | 2011-48400427 | |
| 31-12-2009 | full format | 08-06-2010 | 2010-15500417 | |
| 31-12-2008 | full format | 06-07-2009 | 2009-35900240 | |
| 31-12-2007 | full format | 19-06-2008 | 2008-24900080 | |
| 31-12-2006 | full format | 03-07-2007 | 2007-33600243 | |
| 31-12-2005 | full format | 30-06-2006 | 2006-37501121 | |
| 31-12-2004 | full format | 13-06-2005 | 2005-24604873 | |
| 31-12-2003 | full format | 11-10-2004 | 2004-72602265 | |
| 31-12-2002 | full format | 02-10-2003 | 2003-72200476 | |
| 31-12-2001 | full format | 18-12-2002 | 2002-77303323 | |
| 31-12-2000 | full format | 19-10-2001 | 2001-65401282 | |
| 31-12-1999 | full format | 12-10-2000 | 2000-64304923 | |
| 31-12-1998 | full format | 04-11-1999 | 1999-56803012 | |
| 31-12-1997 | full format | 26-06-1998 | 1998-22904653 | |
| 31-12-1996 | full format | 04-12-1997 | 1997-55304528 | |
| 31-12-1995 | full format | 23-07-1996 | 1996-35903408 | |
| 31-12-1994 | full format | 30-06-1995 | 1995-32604811 | |
| 31-12-1993 | full format | 28-07-1994 | 1994-32904614 | |
| 31-12-1992 | full format | 05-07-1993 | 1993-23304233 | |
| 31-12-1991 | full format | 31-07-1992 | 1992-25805096 | |
| 31-12-1990 | full format | 04-07-1991 | 1991-16004472 | |
| 31-12-1989 | full format | 11-09-1990 | 1990-23503988 | |
| 31-12-1988 | full format | 09-11-1989 | 1989-25405268 | |
| 31-12-1987 | full format | 21-10-1988 | 1988-22404732 | |
| 31-12-1986 | full format | 03-07-1987 | 1987-15104113 | |
| 31-12-1985 | full format | 30-07-1986 | 1986-32501334 | |
| 31-12-1984 | full format | 31-07-1985 | 1985-28400368 | |
| 31-12-1983 | unclassified schema | 30-07-1984 | 1984-11400397 | |
| 31-12-1982 | unclassified schema | 29-07-1983 | 1983-10502158 | |
| 31-12-1981 | unclassified schema | 27-07-1982 | 1982-10002457 | |
| 31-12-1980 | unclassified schema | 24-07-1981 | 1981-09701495 | |
| 31-12-1979 | unclassified schema | 08-07-1980 | 1980-08301759 | |
| 31-12-1978 | unclassified schema | 19-09-1979 | 1979-11000033 | |
| 31-12-1977 | unclassified schema | 05-07-1978 | 1978-04200919 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26,720 | 62,334 | 50,019 | 79,873 | 54,301 | 29,668 | 22,565 | 68,124 | 51,560 | 107,429 | 130,822 | 128,482 | 162,230 | 97,100 | 128,232 | 139,788 | 146,452 | 126,025 | 143,337 | 90,280 | ||
| 25,072 | 59,012 | 34,257 | 69,439 | 49,912 | 18,611 | 19,471 | 55,277 | 42,277 | 80,564 | 82,896 | 110,298 | 132,767 | 93,147 | 108,019 | 116,515 | 120,501 | 110,371 | 115,160 | 73,470 | ||
| 141,300 | 21,009 | 3,933 | 0 | 254,701 | 502,156 | 1,998 | 6,369 | 4,462 | 2,186 | 7,021 | 29,919 | 579 | 3,161 | 1,851 | 0 | 2,500 | 1,790 | 7,562 | 2,454 | ||
| -13,242 | 17,179 | -234,422 | -119,755 | -197,270 | -459,681 | 28,183 | 960,753 | 20,112 | -4,451 | 9,442 | 7,480 | -42,283 | 76,315 | -138,566 | 151,309 | -105,373 | -90,886 | 56,392 | - | ||
| 378,930 | 400,832 | 1.1m | 405,055 | 555,616 | 754,405 | 1.2m | 1.2m | 1.2m | 1.1m | 1.1m | 979,627 | 899,248 | 767,060 | 677,070 | 570,898 | 454,404 | 337,287 | 292,439 | 226,868 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.3% | 7.9% | 7.9% | 6.9% | 8.5% | 4.7% | ||
| 63.0% | 31.7% | 89.9% | 91.2% | 93.2% | 94.2% | 92.6% | 93.3% | 92.2% | 90.7% | 85.1% | 83.7% | 83.8% | 80.1% | 82.2% | 79.4% | 76.6% | 83.4% | 66.5% | 56.7% | ||
| 3.49 | 1.43 | 9.69 | 4.75 | 7.14 | 10.47 | 14.11 | 14.45 | 13.18 | 10.21 | 6.33 | 5.71 | 5.70 | 4.51 | 4.84 | 4.02 | 3.33 | 4.11 | 2.72 | 2.22 | ||
| 2.70 | 1.27 | 8.72 | 4.00 | 5.80 | 8.98 | 12.77 | 13.07 | 11.89 | 9.07 | 5.68 | 5.09 | 5.05 | 3.95 | 4.20 | 3.39 | 2.73 | 2.96 | 2.02 | 1.66 | ||
| 0.59 | 2.16 | 0.11 | 0.10 | 0.07 | 0.06 | 0.08 | 0.07 | 0.08 | 0.10 | 0.17 | 0.19 | 0.19 | 0.25 | 0.22 | 0.26 | 0.30 | 0.20 | 0.50 | 0.76 | ||
| 0.6% | 12.2% | 2.9% | 5.6% | 3.5% | 1.0% | 0.8% | 3.1% | 2.1% | 5.3% | 5.8% | 7.4% | 10.9% | 7.7% | 10.2% | 12.5% | 14.4% | 14.7% | 17.9% | 11.1% | ||
| 0.4% | 3.9% | 2.6% | 5.1% | 3.3% | 1.0% | 0.7% | 2.9% | 1.9% | 4.8% | 4.9% | 6.2% | 9.1% | 6.2% | 8.4% | 9.9% | 11.0% | 12.3% | 11.9% | 6.3% | ||
| 8.54 | 44.68 | 2.43 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 39 days | 38 days | 38 days | 32 days | 37 days | 40 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 52 days | 52 days | 55 days | 32 days | 54 days | 58 days |
EBIT margin: not included in this filing.
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 5 | 5 | - | 3 |
| full-time | 2 | 2 | 1 | - | - |
| part-time | 4 | 3 | 4 | - | 3 |
| in full-time equivalents | 4 | 3.6 | 3 | - | 2.6 |
| 4 | 3.6 | 2.7 | 2.6 | 1.9 | |
| On a permanent contract | 6 | 5 | 5 | - | 3 |
| Joined | - | - | - | - | 2 |
| Left | - | - | - | - | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €141,300 | €21,009 | €3,933 | - | €1,472 |
| Financial fixed assets | - | - | - | - | €253,230 |
| €22,591 | €5,931 | €873 | €2,912 | €2,924 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on PHALADEL
The operating result for 2025 is 93% lower than in 2024 and the lowest since 2006.
Debt's share of the balance-sheet total falls from 68.3% to 37.0%. Equity is higher and debt is lower.