Financials
Financial year 2025
PHYBELCO from Fernelmont, company number BE0677882223, closed financial year 2025 with a result of € 756,954 after tax. For that financial year PHYBELCO recorded a gross margin of € 1.5 million and equity of € 538,121. Compared with financial year 2024, the result moved from € 847,418 to € 756,954. The company is profitable. The buffer shrank hard: equity is 53 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 9, 2026.
€ 538,121
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 756,954
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.4 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4.7
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 276,478
▲ 20% vs 2024
€ 58,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 155,523
▲ 153% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 396,449
▲ € 301,650 vs 2024
€ 129,741 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.3 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 269,696
▲ 98% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,127,304 | € 1,322,206 | € 1,514,641 | € 1,472,251 | ▼ 3% |
| Profit after taxes | € 697,917 | € 781,121 | € 847,418 | € 756,954 | ▼ 11% |
| Equity | € 517,615 | € 298,736 | € 1,146,154 | € 538,121 | ▼ 53% |
| Total debts | € 1,599,296 | € 2,112,958 | € 1,867,154 | € 2,968,584 | ▲ 59% |
| Cash | € 1,021,746 | € 1,051,702 | € 898,672 | € 1,492,334 | ▲ 66% |
| Land & buildings | - | - | - | € 311,273 | |
| Retained profit | € 437,615 | € 218,736 | € 1,066,154 | € 458,121 | ▼ 57% |
| Dividend | € 697,917 | € 1,000,000 | € 0 | € 1,364,987 | |
| Bank debt | € 321,556 | € 264,655 | € 94,799 | € 396,449 | ▲ € 301,650 |
| Balance sheet total | € 2,116,912 | € 2,411,693 | € 3,013,307 | € 3,506,705 | ▲ 16% |
| Employees (FTE) | 2 | 2.8 | 4.1 | 4.7 | ▲ 0.6 |
Key figures of PHYBELCO, 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 PHYBELCO?
What happened at PHYBELCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 756,954 (▼ 11% vs 2024). filed late Source: NBB ↗
- New establishment in Fernelmont. KBO
- New establishment in Mons. KBO
- Start of the company according to the CBE. KBO
In short
From € 697,917 profit in 2022 to € 756,954 profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2024, with € 847,418 profit.
On average € 313,200 of value added per employee in 2025.
Management
Behind PHYBELCO are Nicolas Thaulez and Maxime Bughin.
Directors
According to the 2025 annual accounts
Nicolas Thaulez
Director
Maxime Bughin
Director
Establishments
Establishment units
Physical locations of this company
Rue du Trou du Sart, ZI, Nov. 5
5380 Fernelmont
Route de Wallonie (G.) 142
7011 Mons
Active since 7 July 2017
Rue du Trou du Sart, ZI, Nov. 5 box 4
5380 Fernelmont
Active since 15 September 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Domain
Domain
phybelco.com
Registered
2017-06-10
Registrar
Network Solutions, LLC
Expires
2026-06-10
Website info
Features
Security
Network
Details
- Company number
- 0677.882.223
- VAT number
- BE 0677.882.223
- Registered office
- Rue du Trou du Sart, ZI, Nov. 5, 5380 Fernelmont
- Names & denominations
- PHYBELCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2017
- Peppol
- Active · Active since 3 Dec 2025
- Contact
- phybelco.com +32487535551
- Activities · NACE
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