Financials
Financial year 2025
PHYTOSYSTEM from Kortrijk, company number BE0774745631, closed financial year 2025 with a result of € 230,981 after tax. For that financial year PHYTOSYSTEM recorded a gross margin of € 587,230 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 263,337 to € 230,981. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2026.
€ 1.3 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 230,981
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 433,710
▲ € 390,616 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 € 1.1 million.
People and assets in 2025
2.3
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 197,290
▲ 144% vs 2024
€ 85,800 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.
€ 64,790
▲ 37% vs 2024
Of which on lease € 28,205.
Debts at end 2025
€ 438,776
▼ 15% vs 2024
€ 70,495 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1.2 million
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,109
▲ 167% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 617,570 | € 577,355 | € 544,069 | € 587,230 | ▲ 8% |
| Profit after taxes | € 297,524 | € 292,489 | € 263,337 | € 230,981 | ▼ 12% |
| Equity | € 547,524 | € 840,013 | € 1,103,351 | € 1,334,332 | ▲ 21% |
| Total debts | € 2,088,524 | € 1,030,666 | € 2,355,181 | € 1,631,759 | ▼ 31% |
| Cash | € 214,666 | € 149,715 | € 43,094 | € 433,710 | ▲ € 390,616 |
| Retained profit | € 297,524 | € 590,013 | € 853,351 | € 1,084,332 | ▲ 27% |
| Bank debt | € 1,738,467 | € 410,684 | € 515,666 | € 438,776 | ▼ 15% |
| Balance sheet total | € 2,636,048 | € 1,870,680 | € 3,458,532 | € 2,966,091 | ▼ 14% |
| Employees (FTE) | 1.6 | 1 | 1.1 | 2.3 | ▲ 1.2 |
Key figures of PHYTOSYSTEM, 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 PHYTOSYSTEM?
What happened at PHYTOSYSTEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Vanvinckenroye stepped down as director. NBB
- Demagri NV stepped down as director. NBB
- Manu Projects BV stepped down as director. NBB
- Dirk Froidmont stepped down as director. NBB
- Elroco BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 230,981 (▼ 12% vs 2024). filed late Source: NBB ↗
- Paul Vanvinckenroye became a director. NBB
- Demagri NV became a director. NBB
In short
From € 297,524 profit in 2022 to € 230,981 profit in 2025.
Paid € 381,596 in corporate taxes since 2022.
Best year ever: 2022, with € 297,524 profit.
On average € 255,300 of value added per employee in 2025.
Management
The stake of URQUS, FIRME - DOCK - MOULIN, CAPPELLE, SEYNAVE ET FILS, DEMAGRI, DEVA - FYTO, Auriga Management, DMT Service comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PHYTOSYSTEMThe shares are held by URQUS (10%), FIRME - DOCK - MOULIN (10%), CAPPELLE (10%), SEYNAVE ET FILS (10%), DEMAGRI (10%) and DEVA - FYTO (10%). It owns 70% of Paxus itself.
Directors
According to the 2025 annual accounts
since 2026 · until 2028
since 2026 · until 2028
Director · represented by Emanuel De Meuleneire
Owns 10% via DEVA - FYTO
Also active at: CAPPELLE, DEVA - FYTO, Consivia, FYTO SERVICE DMT, Rois des Cultures
since 2026 · until 2028
Director · represented by Steve Vandenberghe
Also active at: CAPPELLE, DEVA - FYTO, Consivia
since 2024 · until 2026
Director · represented by Emanuel De Meuleneire
since 2024 · until 2026
Dirk Froidmont
Director
since 2026 · until 2028
Director · represented by Bert Colson
since 2026 · until 2028
Director · represented by Paul Vanvinckenroye
since 2024 · until 2026
Shareholders
Participations
70%
Establishments
Establishment units
Physical locations of this company
Heuleplaats(Heu) 5
8501 Kortrijk
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
- 0774.745.631
- VAT number
- BE 0774.745.631
- Registered office
- Heuleplaats(Heu) 5, 8501 Kortrijk
- Names & denominations
- PHYTOSYSTEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 2021
- Peppol
- Active · Active since 11 Oct 2021
- Activities · NACE
Groothandel in kunstmeststoffen en andere agrochemische producten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment
Activiteiten van holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Detailhandel in bloemen, planten, zaden en kunstmeststoffen
Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten
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