Financials
Financial year 2024
Phar Lap from Schilde, company number BE0668691868, closed financial year 2024 with a result of € 57,615 after tax. For that financial year Phar Lap recorded a gross margin of € 104,156 and equity of € 340,039. Compared with financial year 2023, the result moved from € 197,468 to € 57,615. The company is profitable. 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 July 18, 2025.
€ 340,039
▼ 11% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,615
▼ 71% vs 2023
Profit after tax over the fiscal year.
€ 61,429
▼ 5% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
€ 28,527
▲ € 26,433 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 138,959
▼ 7% vs 2023
€ 10,625 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 87
▼ 99% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 27,460
▼ 69% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 85,107 | € 66,373 | € 284,192 | € 104,156 | ▼ 63% |
| Profit after taxes | € 52,674 | € 32,958 | € 197,468 | € 57,615 | ▼ 71% |
| Equity | € 139,599 | € 184,957 | € 382,424 | € 340,039 | ▼ 11% |
| Total debts | € 223,824 | € 287,107 | € 293,101 | € 285,111 | ▼ 3% |
| Cash | € 118,080 | € 62,648 | € 64,800 | € 61,429 | ▼ 5% |
| Land & buildings | € 196,184 | € 183,022 | € 173,030 | € 161,517 | ▼ 7% |
| Retained profit | € 133,399 | € 166,357 | € 363,824 | € 321,439 | ▼ 12% |
| Dividend | € 0 | € 0 | € 0 | € 100,000 | |
| Bank debt | € 167,802 | € 153,642 | € 149,584 | € 138,959 | ▼ 7% |
| Balance sheet total | € 363,423 | € 472,064 | € 675,525 | € 625,150 | ▼ 7% |
Key figures of Phar Lap, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Phar Lap?
What happened at Phar Lap in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 57,615 (▼ 71% vs 2023). Source: NBB ↗
- New establishment in Schilde. KBO
- Karel Verzelen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 52,674 profit in 2021 to € 57,615 profit in 2024.
Paid € 102,981 in corporate taxes since 2021.
Best year ever: 2023, with € 197,468 profit.
Paid out € 100,000 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 Phar Lap is Karel Verzelen. It owns 27.5% of GC Stables itself.
Directors
According to the 2024 annual accounts
Karel Verzelen
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Wouwersstraat 7
2970 Schilde
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
- 0668.691.868
- VAT number
- BE 0668.691.868
- Registered office
- Wouwersstraat 7, 2970 Schilde
- Names & denominations
- Phar Lap
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2017
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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