PHV Management
InactiveSignals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-02-2026, 161 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
161 d early
2024
55 d early
2023
33 d early
2022
31 d early
2021
67 d early
2020
57 d early
2019
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 65 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€61,293▼ 44.0%
2024 · €109,359
Working capital
€1.6m▲ 4.1%
2024 · €1.5m
Trend over the years
In euros
In euros
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€252,894▲ 40.3%€98,700▼ 61.0%-€65,997€84,665€43,047▼ 49.2%
Net result€169,472▲ 41.1%€69,611▼ 58.9%-€66,238€109,359€61,293▼ 44.0%
Equity€1.4m▲ 13.4%€1.5m▲ 4.9%€1.4m▼ 4.4%€1.5m▲ 7.7%€1.6m▲ 4.0%
Total assets€1.5m▲ 12.8%€1.5m▲ 5.4%€1.4m▼ 5.8%€1.6m▲ 9.0%€1.6m▲ 1.9%
Debt€27,275▼ 11.0%€36,702▲ 34.6%€14,064▼ 61.7%€35,030▲ 149%€3,615▼ 89.7%
Working capital€823,493▲ 29.9%€890,875▲ 8.2%€1.4m▲ 57.5%€1.5m▲ 9.5%€1.6m▲ 4.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.6m
Equity
€1.6m ▲ 4.0%
Debt
€3,615 ▼ 89.7%
Debt's share of the balance-sheet total falls from 2.2% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.00▼
2024 · 0.02
ROE
3.8%▼
2024 · 7.1%
ROA
3.8%▼
2024 · 7.0%
Debt ≤ 1 year
€3,531▼
2024 · €34,591
Income taxes
€29,872▼
2024 · €36,363
A ratio outside any meaningful range has been withheld (balance sheet total €1.6m, equity €1.6m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,803 | €19,748 | €111 | €577 | - | - |
| Other operating charges640/8 | €3,069 | €10,198 | €6,076 | €968 | €998 | ▲ 3.2% |
| Non-recurring operating charges66A | - | - | €117,489 | - | €577 | - |
| Gross operating margin9900 | €274,766 | €128,645 | €57,678 | €86,209 | €44,622 | ▼ 48.2% |
| Operating profit (loss)9901 | €252,894 | €98,700 | -€65,997 | €84,665 | €43,047 | ▼ 49.2% |
| Financial income75/76B | - | - | - | €61,314 | €48,389 | ▼ 21.1% |
| Recurring financial income75 | - | - | - | €61,314 | €48,389 | ▼ 21.1% |
| Financial charges65/66B | €337 | €264 | €240 | €257 | €271 | ▲ 5.4% |
| Recurring financial charges65 | €337 | €264 | €240 | €257 | €271 | ▲ 5.4% |
| Profit (loss) for the period before taxes9903 | €252,556 | €98,436 | -€66,238 | €145,722 | €91,165 | ▼ 37.4% |
| Income taxes67/77 | €83,084 | €28,824 | - | €36,363 | €29,872 | ▼ 17.8% |
| Profit (loss) for the period9904 | €169,472 | €69,611 | -€66,238 | €109,359 | €61,293 | ▼ 44.0% |
| Profit (loss) for the period to be appropriated9905 | €169,472 | €69,611 | -€66,238 | €109,359 | €61,293 | ▼ 44.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.5m | €1.4m | €1.6m | €1.6m | ▲ 1.9% |
| Fixed assets21/28 | €603,478 | €607,954 | €26,620 | €2,043 | - | - |
| Tangible fixed assets22/27 | €578,478 | €582,954 | €1,620 | €1,043 | - | - |
| Land and buildings22 | €576,504 | €558,671 | - | - | - | - |
| Plant, machinery and equipment23 | €1,042 | €23,817 | - | - | - | - |
| Furniture and vehicles24 | €932 | €465 | €1,620 | €1,043 | - | - |
| Financial fixed assets28 | €25,000 | €25,000 | €25,000 | €1,000 | - | - |
| Current assets29/58 | €848,758 | €923,320 | €1.4m | €1.6m | €1.6m | ▲ 2.0% |
| Amounts receivable within one year40/41 | €95,000 | €95,606 | €36,069 | €20,000 | €1,257 | ▼ 93.7% |
| Trade receivables40 | €95,000 | €49,430 | €34,215 | €20,000 | €564 | ▼ 97.2% |
| Other amounts receivable41 | - | €46,176 | €1,854 | - | €693 | - |
| Current investments50/53 | - | - | - | €1.4m | €211,276 | ▼ 84.9% |
| Cash at bank and in hand54/58 | €753,758 | €827,714 | €929,945 | €150,680 | €1.4m | ▲ 823% |
| Deferred charges and accrued income490/1 | - | - | €449,764 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.4m | €1.6m | €1.6m | ▲ 1.9% |
| Equity10/15 | €1.4m | €1.5m | €1.4m | €1.5m | €1.6m | ▲ 4.0% |
| Contributions10/11 | €638,060 | €638,060 | €638,060 | €638,060 | €636,200 | ▼ 0.3% |
| Reserves13 | €768,543 | €786,043 | €786,043 | €895,402 | €958,555 | ▲ 7.1% |
| Non-distributable reserves130/1 | - | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | - |
| Distributable reserves133 | €768,543 | €786,043 | €786,043 | €895,402 | €956,695 | ▲ 6.8% |
| Profit (loss) carried forward14 | €18,358 | €70,469 | €4,232 | €4,232 | €4,232 | = |
| Amounts payable17/49 | €27,275 | €36,702 | €14,064 | €35,030 | €3,615 | ▼ 89.7% |
| Amounts payable within one year42/48 | €25,265 | €32,445 | €12,764 | €34,591 | €3,531 | ▼ 89.8% |
| Trade debts44 | - | - | €28 | - | €3,507 | - |
| Suppliers440/4 | - | - | €28 | - | €3,507 | - |
| Advances received on contracts in progress46 | - | €10,285 | - | - | - | - |
| Taxes, remuneration and social security45 | €11,684 | €2,803 | €873 | €18,378 | €24 | ▼ 99.9% |
| Taxes450/3 | €11,684 | €2,803 | €873 | €18,378 | €24 | ▼ 99.9% |
| Other amounts payable47/48 | €13,581 | €19,357 | €11,863 | €16,212 | - | - |
| Accrued charges and deferred income492/3 | €2,010 | €4,257 | €1,300 | €439 | €84 | ▼ 80.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €169,472 | €69,611 | -€66,238 | €109,359 | €61,293 | ▼ 44.0% |
| + Depreciation and write-downs630 | €18,803 | €19,748 | €111 | €577 | - | - |
| Operating cash flow (approximation) | €188,275 | €89,359 | -€66,127 | €109,936 | €61,293 | ▼ 44.2% |
| Investment in fixed assets (approximation) | - | -€24,224 | €581,223 | €24,000 | - | - |
| Change in cash | - | €73,956 | €102,231 | -€779,265 | €1.2m | ▲ 259% |
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
Next filing, fiscal year 2026, expected by
2026
22-05
State Gazette act
End & cessationAuditor report · Declaration · Dissolution8 facts ▸
State Gazette act
End & cessation
Auditor report · Declaration · Dissolution8 facts ▸
- General meeting, assemblée générale extraordinaire des actionnaires
- Other statement, dispense de lecture du rapport justificatif de l'organe d'administration, 31-12-2025
- Auditor report, 28-01-2026
- Declaration, constatations préalables à la dissolution
- Dissolution, 29-01-2026
- Liquidation closure, 29-01-2026
- Power of attorney, PME Assistance
- Other statement, administrateurs, officer discharge
20-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity times 10current ratio 453.86
Current ratio from 45.41 to 453.86; short-term debt falls from €34,591 to €3,531.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €109,359
Net result €109,359 after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet -€66,238
Net result drops to -€66,238, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 110.92
Current ratio from 28.46 to 110.92; short-term debt falls from €32,445 to €12,764.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €169,472 ▲41.1%
Operating result €252,894, net result €169,472, both a record.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €1mEq €1.1m ▲178%
2 profitable years in a row build equity to €1.1m.
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe
Ground area
1.4 ha
Building footprint
1,170 m²
Volume, LiDAR
15,457 m³
Parcel 21019A0220/00A000, Brussels · tallest building 15.9 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0220/00A000 | Brussels | 1.4 ha | 1 · 1,170 m² | 15.9 m · 5 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.
Articles of association
Custody of records
1150 Woluwe-Saint-Pierre, rue Julien Vermeersch, 20-b011, Monsieur VARIN Philippe Albert
Structure & network
Owners and holdings
Owners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
1.88%
According to the 2024 annual accounts of PHV Management 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.
Company details
Identification
Legal formPrivate limited company
Founded09-08-2007
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.