Financials
Financial year 2023
Worth noting
- A loss two years in a row.
Gross margin
€ -5 million
▼ 901% vs 2022
Profit
Caution€ -17.5 million
▼ 781% vs 2022
Debts
Low€ 924,493
▲ 9% vs 2022
Pharrowtech from Leuven, company number BE0722804804, closed financial year 2023 with a result of € -17.5 million after tax. For that financial year Pharrowtech recorded a gross margin of € -5 million and equity of € 2.9 million. Compared with financial year 2022, the result moved from € -2 million to € -17.5 million. 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 August 13, 2024.
What happened at Pharrowtech?
What happened at Pharrowtech in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- David Leftley stepped down as director. NBB
- Carl De Ranter stepped down as director. NBB
- Imec.Xpand stepped down as director. NBB
- Innovations Industries Management stepped down as director. NBB
- Pieter Vorenkamp stepped down as director. NBB
- Wim Van Thillo stepped down as director. NBB
- KBC Securities stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 17.5 million. filed late Source: NBB ↗
In short
From € 431,274 profit in 2021 to € 17.5 million loss in 2023.
Best year ever: 2021, with € 431,274 profit.
On average € 30,900 of value added per employee in 2022.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
It owns Pharrowtech INC and Pharrowtech UK ltd itself.
Directors
According to the 2023 annual accounts
David Leftley
Director
since 2024 · until 2030
Carl De Ranter
Director
since 2024 · until 2030
Director · represented by Peter Vanbekbergen
Also active at: Morrow, Spectricity, Pulsify Medical +1 more
since 2024 · until 2030
Innovations Industries Management
Director · represented by Sander Verbrugge
since 2024 · until 2030
Pieter Vorenkamp
Chairman of the board
since 2024 · until 2030
Wim Van Thillo
Managing director
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Philipssite 5-A
3001 Leuven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0722.804.804
- VAT number
- BE 0722.804.804
- Registered office
- Philipssite 5-A, 3001 Leuven
- Names & denominations
- Pharrowtech
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 15 March 2019
- Peppol
- Not registered
- Activities · NACE
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