Subsidiaries and holdings
- MD2 REAL ESTATE0.2%
- MD3 REAL ESTATE0.2%
- MD4 REAL ESTATE0.2%
- MACAN DEVELOPMENT0.13%
PHG ASSET MANAGEMENT
ActiveSummary
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 has been shrinking by about 32% per year since 2018. 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
Source: KBO- Status
- Active since 05-07-2004 Normal situation
- Registered office
- 283 active companies are registered at this address 12 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- 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
Board and ownership
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
Financial position
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
- Negative equity on 31-12-2025
- 2025 accounts filed 66 days after the deadline
Filed on 05-10-2026
SignalsneutralA punctual record breaksShow the evidence
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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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
The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 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 accounts filed within 59 days either side of that date).
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 equitydebts exceed assets in financial year 2025 -€297,644 View
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€2.1m View
- Caution: Result fell in 2025from -€657,373 to -€2.1m ▼ 218% View
- Caution: Lower solvency than 95% of companies in legal and accountingsector median 32.6% · 1,056 companies -0.8% View
- Heads a groupcompanies controlled 19 View
Recent changes
- · Gazette deed Appointment: S.R.L. J. MARKO - REVISEUR D'ENTREPRISES (statutory auditor)
- · Gazette deed Reappointments: GILLION Philippe (director) and HARDEMAN Annemieke (director)
- · Gazette deed Appointment: J.MARKO-REVISEUR D'ENTREPRISES (statutory auditor)
Companies linked to PHG ASSET MANAGEMENT
Comparable companies
These companies have the same main activity as PHG ASSET MANAGEMENT: other tax advisory services (NACE 69209). They are comparable in size and age: total assets between €14m and €43m, founded between 1986 and 2010.
| Company | Total assets | Turnover |
|---|---|---|
| PHG ASSET MANAGEMENT Elsene | €38.2m | €0.07m |
| Narcisse Holding Belgique Brussel | €28.0m | €0.06m |
| SOCOFIN Elsene | €42.5m | €0.2m |
| Tulipe Holding Belgique Brussel | €14.1m | €0.05m |
| C.P.D.H. Liège | €25.2m | €0.2m |
| EFFICACE Kontich | €15.8m | €0.1m |
| SOLIS MANAGEMENT & CONSULTING Brussel | €26.5m | - |
Key facts about PHG ASSET MANAGEMENT
- What is the company number of PHG ASSET MANAGEMENT?
- The company number of PHG ASSET MANAGEMENT is 0866.158.926. The VAT number is the same 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?
- The legal form of PHG ASSET MANAGEMENT is Private limited company (BV).
- When was PHG ASSET MANAGEMENT founded?
- PHG ASSET MANAGEMENT was 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?
- PHG ASSET MANAGEMENT had an average of 0.3 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of PHG ASSET MANAGEMENT?
- The turnover of PHG ASSET MANAGEMENT was €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.
- When are the next annual accounts of PHG ASSET MANAGEMENT due?
- PHG ASSET MANAGEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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