Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PH & ASSOCIATES from Antwerpen, company number BE0477158935, closed financial year 2025 with a result of € -29,580 after tax. For that financial year PH & ASSOCIATES recorded a gross margin of € 34,296 and equity of € 467,773. Compared with financial year 2024, the result moved from € -31,383 to € -29,580. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 21, 2025.
€ 467,773
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,580
▲ 6 % less loss than in 2024
Profit after tax over the fiscal year.
€ 19,857
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 449,173.
People and assets in 2025
€ 560
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 77,145
▼ 32% vs 2024
€ 37,087 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3,573
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,520
▲ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 108,228 | € 133,462 | € 6,528 | € 34,296 | ▲ € 27,768 |
| Profit after taxes | € 33,435 | € 54,054 | € -31,383 | € -29,580 | ▲ € 1,802 |
| Equity | € 476,282 | € 528,736 | € 497,354 | € 467,773 | ▼ 6% |
| Total debts | € 619,482 | € 572,420 | € 580,463 | € 543,639 | ▼ 6% |
| Cash | € 302,195 | € 35,089 | € 24,551 | € 19,857 | ▼ 19% |
| Land & buildings | € 520,017 | € 498,883 | € 483,680 | € 462,275 | ▼ 4% |
| Retained profit | € 457,682 | € 510,136 | € 478,754 | € 449,173 | ▼ 6% |
| Dividend | € 1,600 | € 1,600 | € 0 | € 0 | |
| Bank debt | € 180,441 | € 147,288 | € 112,872 | € 77,145 | ▼ 32% |
| Balance sheet total | € 1,095,764 | € 1,101,156 | € 1,077,817 | € 1,011,413 | ▼ 6% |
Key figures of PH & ASSOCIATES, 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 PH & ASSOCIATES?
What happened at PH & ASSOCIATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,580. Source: NBB ↗
- Martina Antonsen stepped down as director. NBB
- Martina Antonsen became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
- Patrice Huybrechts became a director. NBB
In short
From € 33,435 profit in 2022 to € 29,580 loss in 2025.
Paid € 40,718 in corporate taxes since 2022.
Best year ever: 2023, with € 54,054 profit.
Paid out € 3,200 in dividends to the owners in total.
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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 PH & ASSOCIATES is Patrice Huybrechts. Patrice Huybrechts is also behind THE RING RING COMPANY.
Directors
According to the 2025 annual accounts
since 2002
since 2014 · until 2023
Establishments
Establishment units
Physical locations of this company
Kleine Doornstraat 33
2610 Antwerpen
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
- 0477.158.935
- VAT number
- BE 0477.158.935
- Registered office
- Kleine Doornstraat 33, 2610 Antwerpen
- Names & denominations
- PH & ASSOCIATES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 2002
- Peppol
- Active · Active since 25 Aug 2025
- Activities · NACE
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