Equity
€337,211 ▲ 14.7%
PROJECT PHI has made a profit in every financial year since 2013.
PROJECT PHI
Lifetime
13 annual accounts with figures on one time axispeak €77,869 (2025)
€77,869▲ 44.4%
peak €43,339 (2025)
€43,339▲ 52.8%
peak €337,211 (2025)
€337,211▲ 14.7%
€39,578▲ 2.7%
Board1 name since 2021
1 director
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €53,935 to €77,869Result from €28,369 to €43,339Equity from €293,872 to €337,211Investments €37,071
Key points
from the 2025 annual accountsInvestments
€37,071 2.2 × depreciation
Green is investment, beige is depreciation.
Position in the sector
89.5%
Higher solvency than 92% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,691 companies had the same profile as PROJECT PHI has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,691 companies, not a prediction for PROJECT PHI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0849113947
Change of role: , from manager to director
Director discharge: · General meeting of 27-11-2023 · Gazette deed
First establishment
Parkplein 1, Zelzate
Incorporation
published on 09-10-2012 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROJECT PHI Zelzate | €376,789 | €77,869 | 89.5% | - |
| ARKTICA Sint-Niklaas | €413,593 | €73,302 | 76.9% | - |
| ELEKTROSOLUTIONS Aalter | €340,852 | €69,461 | 36.3% | - |
| ELEKTRICITEITS- EN BOUWRENOVATIEWERKEN NIEK DE BAERE Maldegem | €331,277 | €81,644 | 88.4% | - |
| SERA CONSULTING Haaltert | €329,888 | €66,745 | 67.6% | - |
| Verstraete Electrics Wortegem-Petegem | €366,467 | €75,691 | 63.8% | - |
| HUYGHE DIRK Lo-Reninge | €400,106 | €79,929 | 92.0% | - |
These companies have the same main activity as PROJECT PHI: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €330,000 and €414,000, founded between 2011 and 2015.
Official details
Source: KBO- Status
- Active since 24-09-2012Normal situation
- Activity
- General electrical installation workNACE 43211and 5 others
- Establishment unit
- 2.213.622.4499060 Zelzate, since 28-09-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 24-07-2025
Annual accounts 2025
- ≈ €300,000estimated
- €376,789▲ 13.3%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on PROJECT PHI
PROJECT PHI files the micro format. That format states no turnover. The gross margin rose from €57,261 in 2013 to €77,869 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PROJECT PHI
- What is the company number of PROJECT PHI?
- The company number of PROJECT PHI is 0849.113.947. The VAT number is the same number with BE in front: BE 0849.113.947.
- Where is PROJECT PHI based?
- The registered office is at Parkplein 1, 9060 Zelzate.Company details
- What does PROJECT PHI do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of PROJECT PHI?
- PROJECT PHI is a private limited company (BV).
- When was PROJECT PHI founded?
- PROJECT PHI was founded on 24-09-2012.
- Is PROJECT PHI still active?
- Yes, PROJECT PHI is an active enterprise in the KBO register.
- What is the turnover of PROJECT PHI?
- The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €77,869 and 40 comparable companies (NACE 43211). It probably lies between €190,000 and €480,000.Financials
- Is PROJECT PHI profitable?
- In financial year 2025, PROJECT PHI made a profit of €43,339.
- Where can I find the annual accounts of PROJECT PHI?
- PROJECT PHI filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROJECT PHI due?
- PROJECT PHI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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