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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHALSU from Eghezée, company number BE0667859846, closed financial year 2025 with a result of € 69,909 after tax. For that financial year PHALSU recorded a gross margin of € 122,169 and equity of € 261,243. Compared with financial year 2024, the result moved from € 61,970 to € 69,909. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 261,243
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,909
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 39,102
▲ 297% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9,500 paid out
14 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 926
▼ 66% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 367,272
▼ 14% vs 2024
€ 60,835 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 224
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,044
▼ 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 | € 53,291 | € 63,236 | € 119,030 | € 122,169 | ▲ 3% |
| Profit after taxes | € 29,501 | € 42,510 | € 61,970 | € 69,909 | ▲ 13% |
| Equity | € 131,355 | € 173,864 | € 200,835 | € 261,243 | ▲ 30% |
| Total debts | € 18,277 | € 44,088 | € 623,935 | € 558,590 | ▼ 10% |
| Cash | € 6,740 | € 30,456 | € 9,861 | € 39,102 | ▲ 297% |
| Retained profit | € 118,955 | € 161,464 | € 188,435 | € 248,843 | ▲ 32% |
| Dividend | € 1,000 | € 0 | € 35,000 | € 9,500 | ▼ 73% |
| Bank debt | € 3,381 | € 0 | € 426,102 | € 367,272 | ▼ 14% |
| Balance sheet total | € 149,632 | € 217,953 | € 824,770 | € 819,833 | ▼ 1% |
Key figures of PHALSU, 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 PHALSU?
What happened at PHALSU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 69,909 (▲ 13% vs 2024). Source: NBB ↗
- Donatienne Meeus became a director. NBB
- Maximilien Petit became a director. NBB
- New establishment in Eghezée. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,501 profit in 2022 to € 69,909 profit in 2025.
Paid € 96,272 in corporate taxes since 2022.
Best year ever: 2025, with € 69,909 profit.
Paid out € 45,500 in dividends to the owners in total.
Management
Behind PHALSU are Donatienne Meeus and Maximilien Petit. Donatienne Meeus is also behind Docteur Donatienne MEEUS - Médecin généraliste. Maximilien Petit is also behind EXPLOITATION DE VERGERS HESBIGNONS, UPIGNAC, TCO Service, ARDENNE VOLAILLE and LA CUISINE DES CHAMPS.
Directors
According to the 2025 annual accounts
since 2023
Maximilien Petit
Director
Also active at: EXPLOITATION DE VERGERS HESBIGNONS, UPIGNAC, TCO Service, ARDENNE VOLAILLE, LA CUISINE DES CHAMPS, COQARDENNE, GOURMET FOOD COLLECTION, Upignac Group +1 more
since 2023
Establishments
Establishment units
Physical locations of this company
Rue des Bolettes,Leuze 13
5310 Eghezée
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
- 0667.859.846
- VAT number
- BE 0667.859.846
- Registered office
- Rue des Bolettes,Leuze 13, 5310 Eghezée
- Names & denominations
- PHALSU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2016
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Activiteiten van holdings
Holdings