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 43 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
PHD INTERNATIONAL CORPORATE MANAGEMENT from Waterloo, company number BE0468481888, closed financial year 2025 with a result of € 10,717 after tax. For that financial year PHD INTERNATIONAL CORPORATE MANAGEMENT recorded a gross margin of € 11,254 and equity of € -55,963. Compared with financial year 2024, the result moved from € 13,393 to € 10,717. 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 December 1, 2025.
€ -55,963
▲ € 10,717 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,717
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 31,407
▲ 2% 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 € -62,163.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,485
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 718
▼ 3% vs 2024
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 | € 9,467 | € 8,889 | € 14,033 | € 11,254 | ▼ 20% |
| Profit after taxes | € 8,666 | € 4,310 | € 13,393 | € 10,717 | ▼ 20% |
| Equity | € -84,383 | € -80,073 | € -66,680 | € -55,963 | ▲ € 10,717 |
| Total debts | € 136,085 | € 144,881 | € 144,746 | € 136,821 | ▼ 5% |
| Cash | € 6,656 | € 19,648 | € 30,771 | € 31,407 | ▲ 2% |
| Retained profit | € -90,583 | € -86,273 | € -72,880 | € -62,163 | ▲ € 10,717 |
| Balance sheet total | € 51,702 | € 64,808 | € 78,066 | € 80,858 | ▲ 4% |
Key figures of PHD INTERNATIONAL CORPORATE MANAGEMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PHD INTERNATIONAL CORPORATE MANAGEMENT?
What happened at PHD INTERNATIONAL CORPORATE MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,717 (▼ 20% vs 2024). Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,666 profit in 2022 to € 10,717 profit in 2025.
Best year ever: 2024, with € 13,393 profit.
Management
Behind PHD INTERNATIONAL CORPORATE MANAGEMENT is Florence MAYNE.
Directors
According to the 2025 annual accounts
Florence MAYNE
Director
Establishments
Establishment units
Physical locations of this company
Avenue des Croix du Feu 32
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0468.481.888
- VAT number
- BE 0468.481.888
- Registered office
- Avenue des Croix du Feu 32, 1410 Waterloo
- Names & denominations
- PHD INTERNATIONAL CORPORATE MANAGEMENT · PHD INT. CORP.MNGT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1999
- Peppol
- Active · Active since 4 Dec 2025
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