Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHDJ from Herstal, company number BE0431035138, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year PHDJ recorded a gross margin of € 259,344 and equity of € 8.3 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.3 million. Profitable, and profit is growing. 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 August 31, 2026.
€ 8.3 million
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 57,049
▲ 108% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.4 million.
People and assets in 2025
3.5
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 268,785
▼ 2% vs 2024
€ 76,800 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.
€ 18,065
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 5% vs 2024
€ 96,609 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 88,055
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 101,250
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 287,496 | € 215,618 | € 249,586 | € 259,344 | ▲ 4% |
| Profit after taxes | € -8,532 | € 9,655 | € 1,200,928 | € 1,271,792 | ▲ 6% |
| Equity | € 5,857,890 | € 5,867,545 | € 7,068,473 | € 8,340,265 | ▲ 18% |
| Total debts | € 2,141,679 | € 3,464,263 | € 6,259,307 | € 6,507,509 | ▲ 4% |
| Cash | € 19,398 | € 36,793 | € 27,422 | € 57,049 | ▲ 108% |
| Retained profit | € 1,913,178 | € 1,922,833 | € 3,123,761 | € 4,395,553 | ▲ 41% |
| Bank debt | € 0 | € 549,933 | € 1,492,534 | € 1,413,232 | ▼ 5% |
| Balance sheet total | € 7,999,569 | € 9,331,808 | € 13,327,781 | € 14,847,774 | ▲ 11% |
| Employees (FTE) | 3.6 | 3.7 | 3.6 | 3.5 | ▼ 0.1 |
Key figures of PHDJ, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PHDJ?
What happened at PHDJ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LXB Management SRL stepped down as director. NBB
- Philippe DOUIN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ 6% vs 2024). filed late Source: NBB ↗
- LXB Management SRL became a director. NBB
- Philippe DOUIN became a director. NBB
- New establishment in Herstal. KBO
- New establishment in Visé. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,532 loss in 2022 to € 1.3 million profit in 2025.
Paid € 9,223 in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
On average € 74,100 of value added per employee in 2025.
Management
It owns 100% of JPA ELECTRONIQUE, 72.4% of DELTA GROUP and 60% of HOTEL NEUVICE itself.
Directors
According to the 2025 annual accounts
Director · represented by Benoit LEVAUX
Also active at: Iso - Calor, DAO, DTO, J.P.S, DELTA MAINTENANCE, DELTA REFRIGERATION, DELTA THERMIC, DELTA GROUP +1 more
since 2022 · until 2028
Philippe DOUIN
Managing director
Also active at: Iso - Calor, DAO, DTO, J.P.S, DELTA MAINTENANCE, DELTA REFRIGERATION, DELTA THERMIC, HÔTEL NEUVICE +2 more
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue d'Abhooz 23
4040 Herstal
Rue Haute(VIS) 17
4600 Visé
Active since 26 May 1987
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →DTO same network
€ 1.7 million revenue · 2025
DELTA MAINTENANCE same network
€ 2.7 million gross margin · 2025
DELTA REFRIGERATION same network
€ 132,353 gross margin · 2025
DELTA THERMIC - VERTON FRERES
DELTA THERMIC same network
€ 23.8 million revenue · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.035.138
- VAT number
- BE 0431.035.138
- Registered office
- Rue d'Abhooz 23, 4040 Herstal
- Names & denominations
- PHDJ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 1987
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Detailhandel in uurwerken en sieraden
Gespecialiseerde detailhandel in uurwerken en sieradenhorloges en sieraden
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Overige rechtskundige dienstverlening
Advocatenkantoor en juridische adviseurs
Beheer van residentiële gebouwen