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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHI ESTATES from Wingene, company number BE0751780880, closed financial year 2025 with a result of € 36,227 after tax. For that financial year PHI ESTATES recorded a gross margin of € 194,533 and equity of € 221,363. Compared with financial year 2024, the result moved from € 79,819 to € 36,227. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 21, 2026.
€ 221,363
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,227
▼ 55% vs 2024
Profit after tax over the fiscal year.
€ 38,268
▲ € 33,980 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 196,363.
People and assets in 2025
€ 7,168
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 28% vs 2024
Loans from banks and other lenders, long and short.
€ 6,262
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,975
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 | € 40,248 | € -1,200 | € 324,973 | € 194,533 | ▼ 40% |
| Profit after taxes | € 20,185 | € -62,500 | € 79,819 | € 36,227 | ▼ 55% |
| Equity | € 167,817 | € 105,317 | € 185,136 | € 221,363 | ▲ 20% |
| Total debts | € 454,705 | € 1,754,482 | € 2,264,581 | € 1,377,206 | ▼ 39% |
| Cash | € 1,427 | € 3,098 | € 4,288 | € 38,268 | ▲ € 33,980 |
| Retained profit | € 142,817 | € 80,317 | € 160,136 | € 196,363 | ▲ 23% |
| Bank debt | € 362,000 | € 1,714,928 | € 1,778,542 | € 1,273,133 | ▼ 28% |
| Balance sheet total | € 622,522 | € 1,859,799 | € 2,449,717 | € 1,598,570 | ▼ 35% |
Key figures of PHI ESTATES, 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 PHI ESTATES?
What happened at PHI ESTATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,227 (▼ 55% vs 2024). Source: NBB ↗
- New establishment in Kruisem. KBO
- Le Clair BV became a director. NBB
- Jovack BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 20,185 profit in 2022 to € 36,227 profit in 2025.
Paid € 21,911 in corporate taxes since 2022.
Best year ever: 2024, with € 79,819 profit.
Management
Behind PHI ESTATES are Le Clair BV and Jovack BV. Le Clair BV is also behind ROTTIERS. Jovack BV is also behind IMMOPAT, VITRUVI ESTATES, VITRUVI DEVELOPMENTS, WRight Estates and WRight Developments.
Directors
According to the 2025 annual accounts
since 2020
Director · represented by Jonas Van Poucke
Also active at: IMMOPAT, VITRUVI ESTATES, VITRUVI DEVELOPMENTS, WRight Estates, WRight Developments, BIJ DEN BOER, WARD
since 2020
Establishments
Establishment units
Physical locations of this company
Bruwaanstraat 17
8755 Wingene
Deinsesteenweg(KRU) 25 box 1
9770 Kruisem
Active since 4 August 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0751.780.880
- VAT number
- BE 0751.780.880
- Registered office
- Bruwaanstraat 17, 8755 Wingene
- Names & denominations
- PHI ESTATES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 2020
- Peppol
- Active · Active since 26 Mar 2025