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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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Busy address KBO
73 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PHILLE & CO from Waregem, company number BE0673971242, closed financial year 2025 with a result of € 6,290 after tax. Compared with financial year 2024, the result moved from € 15,891 to € 6,290. The company is profitable. The buffer shrank hard: equity is 70 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 127,350
▼ 70% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,290
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 959
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 257,629
▲ 10% vs 2024
Loans from banks and other lenders, long and short.
€ 41,196
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 932 days on average.
€ 9,039
▼ 87% 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 | |
|---|---|---|---|---|---|
| Revenue | € 30,631,926 | € 0 | - | - | |
| Profit after taxes | € 7,725,599 | € 166,449 | € 15,891 | € 6,290 | ▼ 60% |
| Equity | € 7,788,720 | € 555,169 | € 421,060 | € 127,350 | ▼ 70% |
| Total debts | € 1,459,170 | € 302,197 | € 451,995 | € 422,131 | ▼ 7% |
| Cash | € 198,577 | € 45,584 | € 1,326 | € 959 | ▼ 28% |
| Retained profit | € 7,720,120 | € 486,569 | € 352,460 | € 58,750 | ▼ 83% |
| Dividend | € 0 | € 7,400,000 | € 150,000 | € 300,000 | ▲ 100% |
| Bank debt | € 0 | € 0 | € 234,351 | € 257,629 | ▲ 10% |
| Balance sheet total | € 9,247,891 | € 857,366 | € 873,055 | € 549,481 | ▼ 37% |
Key figures of PHILLE & CO, 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 PHILLE & CO?
What happened at PHILLE & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Thiers stepped down as director. NBB
- Davy Demuynck stepped down as director. NBB
- Kristof Vanfleteren stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6,290 (▼ 60% vs 2024). Source: NBB ↗
- Paul Thiers became a director. NBB
- Davy Demuynck became a director. NBB
- Kristof Vanfleteren became a director. NBB
- New establishment in Waregem. KBO
In short
From € 7.7 million profit in 2022 to € 6,290 profit in 2025.
Paid € 2.6 million in corporate taxes since 2022.
Best year ever: 2022, with € 7.7 million profit.
Paid out € 7.9 million in dividends to the owners in total.
Management
The stake of ION HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PHILLE & COThe shares are held by ION HOLDING (100%).
Directors
According to the 2025 annual accounts
Paul Thiers
Director
Also active at: COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, BedRocks, KEMPENSE LAND BANK, STUDIO 2CV, CELIDEE CONSTRUCT, ION Service Provider +39 more
since 2020 · until 2026
Davy Demuynck
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO, RIKOTAL +133 more
since 2020 · until 2026
Kristof Vanfleteren
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 73 companies are registered at this address.
All companies at this address →Van Eyck Residentie
€ 159,675 gross margin · 2025
RODEKRUISPLEIN same network
€ 45,360 gross margin · 2025
COBOS same network
DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ same network
€ 325,000 revenue · 2025
SRB-invest
€ 2.1 million gross margin · 2022
+68 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0673.971.242
- VAT number
- BE 0673.971.242
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- PHILLE & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 April 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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