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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHIBELRES from Hotton, company number BE0440480364, closed financial year 2025 with a result of € 18,323 after tax. For that financial year PHIBELRES recorded a gross margin of € 55,138 and equity of € -1 million. Compared with financial year 2024, the result moved from € 21,501 to € 18,323. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ -1 million
▲ € 18,323 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,323
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 1,901
▼ 41% 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 € -1.5 million.
Debts at end 2025
€ 44,844
▼ 45% vs 2024
Loans from banks and other lenders, long and short.
€ 2,839
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,432
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 327,060 | € 102,924 | € 59,259 | € 55,138 | ▼ 7% |
| Profit after taxes | € 161,786 | € 63,605 | € 21,501 | € 18,323 | ▼ 15% |
| Equity | € -1,134,118 | € -1,070,512 | € -1,049,012 | € -1,030,689 | ▲ € 18,323 |
| Total debts | € 1,646,866 | € 1,519,033 | € 1,471,711 | € 1,423,704 | ▼ 3% |
| Cash | € 33,187 | € 1,220 | € 3,227 | € 1,901 | ▼ 41% |
| Land & buildings | € 467,765 | € 439,249 | € 410,733 | € 382,355 | ▼ 7% |
| Retained profit | € -1,592,721 | € -1,529,115 | € -1,507,615 | € -1,489,292 | ▲ € 18,323 |
| Bank debt | € 148,684 | € 117,501 | € 81,741 | € 44,844 | ▼ 45% |
| Balance sheet total | € 512,748 | € 448,520 | € 422,700 | € 393,016 | ▼ 7% |
Key figures of PHIBELRES, 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 PHIBELRES?
What happened at PHIBELRES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,323 (▼ 15% vs 2024). filed late Source: NBB ↗
- Véronique BELFROID became a director. NBB
- New establishment in Hotton. KBO
- Start of the company according to the CBE. KBO
In short
From € 161,786 profit in 2022 to € 18,323 profit in 2025.
Paid € 21,987 in corporate taxes since 2022.
Best year ever: 2022, with € 161,786 profit.
Management
Behind PHIBELRES is Véronique BELFROID.
Directors
According to the 2025 annual accounts
Véronique BELFROID
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue Haute 44B
6990 Hotton
Rue Haute 44
6990 Hotton
Active since 9 May 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.480.364
- VAT number
- BE 0440.480.364
- Registered office
- Rue Haute 44B, 6990 Hotton
- Names & denominations
- PHIBELRES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 1990
- Peppol
- Active · Active since 10 Jun 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant