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PHB Development

Active
Cooperative companyfounded 2006active for 20 yearsLouizalaan 523, 1050 Elsene, BelgiumKBO/BCE: BE 0883.379.889

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
31-08
NBB filing Annual accounts 2025 filedNBB
micro format · 31 days late
2025
31-12
Financial Back to profitnet €1,485
The net result is €1,485, after one loss-making year.
02-04
NBB filing Annual accounts 2024 filedPDF
micro format · 120 days before the deadline
01-04
Gazette deed Amendment of the articles · Legal-form change · Name · Resignations & appointments
Legal-form conversion · Capital conversion · Declaration12 points ▸
  • General meeting, 28-03-2025
  • Legal-form conversion, “société coopérative” (deed in French)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Amendment of the articles, mentioned 2 times in the deed
  • Other provision, “dispense de lecture du rapport de l’organe d’administration, article 6:86 du code des sociétés et des associations” (deed in French)
  • Declaration, “réception préalable du rapport, avoir reçu antérieurement une copie et en avoir pris connaissance” (deed in French)
  • Purpose change
  • Capital
  • Board composition, Philippe Breul (director)
  • Board composition, Mihai-Ciprian Panturu (director)
  • Registered office clause, “523 avenue Louise (1050 Bruxelles)” (deed in French)
  • Power of attorney

Open the act in the Belgian Official Gazette

2024
31-12
Financial Weakest financial yearnet -€28,344
The net result drops to -€28,344, the lowest from 2018 to 2025. It recovers the following year.
31-12
Financial Liquidity more than quadruplescurrent ratio 21.37
The current ratio rises from 4.66 to 21.37. Short-term debt falls from €70,166 to €11,541.
21-08
NBB filing Annual accounts 2023 filedPDF
micro format · 21 days late
2023
27-07
NBB filing Annual accounts 2022 filedPDF
micro format · 4 days before the deadline
2022
31-12
Financial Liquidity more than doubledcurrent ratio 3.95
The current ratio rises from 1.88 to 3.95. Short-term debt falls from €260,906 to €90,457.
28-06
NBB filing Annual accounts 2021 filedPDF
micro format · 33 days before the deadline
2021
31-12
Financial Equity above €200,000equity €219,583 ▲13.8%
With a profit in every financial year since 2018, equity grows to €219,583.
02-08
NBB filing Annual accounts 2020 filedPDF
micro format · 2 days late
Show earlier events
2020
01-09
NBB filing Annual accounts 2019 filedPDF
micro format · 32 days late
2019
31-12
Financial Highest result from 2018 to 2025net €86,763 ▲138%
The operating result of €118,680 and the net result of €86,763 are both a record.
31-12
Financial Equity above €150,000equity €185,153 ▲88.2%
With a profit in every financial year since 2018, equity grows to €185,153.
29-08
NBB filing Annual accounts 2018 filedPDF
micro format · 29 days late
2018
03-08
NBB filing Annual accounts 2017 filedPDF
micro format · 3 days late
2017
27-06
NBB filing Annual accounts 2016 filedPDF
micro format · 34 days before the deadline
2006
15-09
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

PHB Development was incorporated on 7 September 2006.1 Total assets fell from €521,295 in 2018 to €257,242 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

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