Subsidiaries and holdings
- MACAN.GROUP100%
- MGH99%
- MD2 REAL ESTATE0.2%
- MD3 REAL ESTATE0.2%
- MD4 REAL ESTATE0.2%
- MACAN DEVELOPMENT0.13%
PHG ASSET MANAGEMENT
ActiveFrom the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
PHG ASSET MANAGEMENT has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€297,644) and a net result of -€2.1m. Equity is shrinking by about 32% per year across the filed financial years. Its solvency ranks better than 5% of 1,056 sector peers (NACE 69, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 05-07-2004 Normal situation
- Legal form
- Private limited company
- Registered office
- Louizalaan 251, 1050 Elsene
- Activity
- Other tax advisory services NACE 69209and 5 others
- Establishment unit
- 2.138.602.946 1180 Ukkel, since 06-07-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Who decides
Board
- Annemieke HARDEMANDirector · since 22-03-2024
- GILLION PhilippeDirector · since 22-03-2024
- Auditor
- J.MARKO_REVISEURS ENTREPRISE
- Holdings
- Shares in 6 companies including MACAN.GROUP and MGH
How it is doing
Holding: outside the score modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Turnover
- €72,000
- =
- Operating revenue
- €399,382
- ▲ 40.9%
- Loss
- €2.1m
- ▲ 218%
- Equity
- -€297,644
- Total assets
- €38.2m
- ▲ 3.2%
- Staff
- ≈ 0 FTE
- estimated
2025 accounts filed 66 days late
Filed on 05-10-2026at the National Bank
SignalsneutralA punctual record breaksShow the evidence
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
1 signal.
neutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-10-2026, 66 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
66 days late
2024
29 days early
2023
23 days early
2022
32 days early
2021
37 days late
2020
4 days late
2019
207 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days after the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (4 of the last 5 filed years within 59 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€297,644 View
- Risk: 3 loss-making years in a rowloss financial year 2025 -€2.1m View
- Caution: Result fell in 2025from -€657,373 to -€2.1m ▼ 218% View
- Caution: Among the weakest 5% on solvencysector median 32.6% · 1,056 companies -0.8% View
- Heads a groupcompanies controlled 19 View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 05-10-2026
- Annual accounts 2024filed on 02-07-2025
- Annual accounts 2023filed on 08-07-2024
- Annual accounts 2022filed on 29-06-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 24-02-2026
- Amendment of the articles · Legal-form change · Resignations & appointmentsact of 17-06-2024
- Resignations & appointmentsact of 20-10-2022
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about PHG ASSET MANAGEMENT
- What is the company number of PHG ASSET MANAGEMENT?
- 0866.158.926. In Belgium the VAT number is the company number with BE in front: BE 0866.158.926.
- Where is PHG ASSET MANAGEMENT based?
- The registered office is at Louizalaan 251, 1050 Elsene.Company details
- What does PHG ASSET MANAGEMENT do?
- According to the KBO register, the main activity is other tax advisory services (NACE 69209).
- What is the legal form of PHG ASSET MANAGEMENT?
- Private limited company (BV).
- When was PHG ASSET MANAGEMENT founded?
- On 05-07-2004.
- Is PHG ASSET MANAGEMENT still active?
- Yes, PHG ASSET MANAGEMENT is an active enterprise in the KBO register.
- How many employees does PHG ASSET MANAGEMENT have?
- On average 0.3 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of PHG ASSET MANAGEMENT?
- €72,000 in financial year 2025, according to the filed annual accounts.
- Is PHG ASSET MANAGEMENT profitable?
- In financial year 2025, PHG ASSET MANAGEMENT made a loss of €2.1m.
- Where can I find the annual accounts of PHG ASSET MANAGEMENT?
- PHG ASSET MANAGEMENT filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of PHG ASSET MANAGEMENT due?
- By 31-07-2027, for financial year 2026.Timeline
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