Financials
Financial year 2024
Phyto Mahieu from Langemark-Poelkapelle, company number BE0429889944, closed financial year 2024 with a result of € 270,632 after tax. For that financial year Phyto Mahieu recorded a gross margin of € 703,269 and equity of € 3.1 million. Compared with financial year 2023, the result moved from € 323,537 to € 270,632. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 3.1 million
▲ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 270,632
▼ 16% vs 2023
Profit after tax over the fiscal year.
€ 52,691
▼ 5% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 2.7 million.
People and assets in 2024
1.7
Average over the fiscal year, from the social balance sheet.
€ 67,123
▲ 7% vs 2023
€ 39,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 110,518
▲ 78% vs 2023
Of which on lease € 14,378.
Debts at end 2024
€ 575,000
▼ 20% vs 2023
€ 148,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 80,053
▼ 18% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 177,052
▲ 66% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 521,557 | € 576,927 | € 788,845 | € 703,269 | ▼ 11% |
| Profit after taxes | € 58,382 | € 132,222 | € 323,537 | € 270,632 | ▼ 16% |
| Equity | € 2,375,560 | € 2,507,782 | € 2,831,320 | € 3,101,951 | ▲ 10% |
| Total debts | € 1,788,217 | € 1,625,844 | € 972,249 | € 888,497 | ▼ 9% |
| Cash | € 58,373 | € 37,807 | € 55,366 | € 52,691 | ▼ 5% |
| Land & buildings | € 3,068,645 | € 2,871,141 | € 2,781,025 | € 2,913,097 | ▲ 5% |
| Retained profit | € 1,999,060 | € 2,131,282 | € 2,454,820 | € 2,725,451 | ▲ 11% |
| Bank debt | € 1,019,000 | € 871,000 | € 723,000 | € 575,000 | ▼ 20% |
| Balance sheet total | € 4,163,777 | € 4,133,626 | € 3,803,568 | € 4,011,983 | ▲ 5% |
| Employees (FTE) | 3.9 | 2.7 | 1.7 | 1.7 |
Key figures of Phyto Mahieu, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Phyto Mahieu?
What happened at Phyto Mahieu in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 270,632 (▼ 16% vs 2023). filed late Source: NBB ↗
- New establishment in Wervik. KBO
- New establishment in Langemark-Poelkapelle. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,382 profit in 2021 to € 270,632 profit in 2024.
Paid € 255,511 in corporate taxes since 2021.
Best year ever: 2023, with € 323,537 profit.
On average € 413,700 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Phyto Mahieu are Sabine Derudder and Edwin Mahieu. Edwin Mahieu is also behind EECKHOUTMOLEN, PHYTOSYSTEM, Consivia, MAHIEU INVEST and OMNICROP SERVICES.
Directors
According to the 2024 annual accounts
Sabine Derudder
Director
Edwin Mahieu
Director
Also active at: EECKHOUTMOLEN, PHYTOSYSTEM, Consivia, MAHIEU INVEST, OMNICROP SERVICES
Establishments
Establishment units
Physical locations of this company
Haezeweidestraat 12
8920 Langemark-Poelkapelle
Kampstraat 5
8940 Wervik
Active since 1 October 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.889.944
- VAT number
- BE 0429.889.944
- Registered office
- Haezeweidestraat 12, 8920 Langemark-Poelkapelle
- Names & denominations
- Phyto Mahieu
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 1986
- Peppol
- Active · Active since 20 Dec 2025
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