Financials
Financial year 2024
PHYTOSYSTEM from Kortrijk, company number BE0774745631, closed financial year 2024 with a result of € 263,337 after tax. For that financial year PHYTOSYSTEM recorded a gross margin of € 544,069 and equity of € 1.1 million. Compared with financial year 2023, the result moved from € 292,489 to € 263,337. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2025.
€ 1.1 million
▲ 31% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 263,337
▼ 10% vs 2023
Profit after tax over the fiscal year.
€ 43,094
▼ 71% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 853,351.
People and assets in 2024
1.1
▲ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 80,929
▲ 27% vs 2023
€ 73,600 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.
€ 47,361
▲ 87% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 515,666
▲ 26% vs 2023
Loans from banks and other lenders, long and short.
€ 1.8 million
▲ 231% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 13,508
▼ 72% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 617,570 | € 577,355 | € 544,069 | ▼ 6% |
| Profit after taxes | € 297,524 | € 292,489 | € 263,337 | ▼ 10% |
| Equity | € 547,524 | € 840,013 | € 1,103,351 | ▲ 31% |
| Total debts | € 2,088,524 | € 1,030,666 | € 2,355,181 | ▲ 129% |
| Cash | € 214,666 | € 149,715 | € 43,094 | ▼ 71% |
| Retained profit | € 297,524 | € 590,013 | € 853,351 | ▲ 45% |
| Bank debt | € 1,738,467 | € 410,684 | € 515,666 | ▲ 26% |
| Balance sheet total | € 2,636,048 | € 1,870,680 | € 3,458,532 | ▲ 85% |
| Employees (FTE) | 1.6 | 1 | 1.1 | ▲ 0.1 |
Key figures of PHYTOSYSTEM, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PHYTOSYSTEM?
What happened at PHYTOSYSTEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Demagri NV stepped down as director. NBB
- Urqus BV stepped down as director. NBB
- Fyto Service DMT BV stepped down as director. NBB
- Dirk Froidmont stepped down as director. NBB
- Firme Dock-Moulin BV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 263,337 (▼ 10% vs 2023). Source: NBB ↗
- Demagri NV became a director. NBB
- Urqus BV became a director. NBB
In short
From € 297,524 profit in 2022 to € 263,337 profit in 2024.
Paid € 292,476 in corporate taxes since 2022.
Best year ever: 2022, with € 297,524 profit.
On average € 494,600 of value added per employee in 2024.
A new publication or filing at PHYTOSYSTEM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Auriga Management, URQUS, FIRME - DOCK - MOULIN, CAPPELLE, SEYNAVE ET FILS, DEMAGRI, DEVA - FYTO, FYTO SERVICE DMT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PHYTOSYSTEMThe shares are held by Auriga Management (10%), URQUS (10%), FIRME - DOCK - MOULIN (10%), CAPPELLE (10%), SEYNAVE ET FILS (10%) and DEMAGRI (10%).
Directors
According to the 2024 annual accounts
since 2024 · until 2027
Director · represented by Steve Vandenberghe
Also active at: CAPPELLE, DEVA - FYTO, Consivia
since 2024 · until 2027
Director · represented by Emanuel De Meuleneire
since 2024 · until 2027
Dirk Froidmont
Director
since 2024 · until 2027
Director · represented by Paul Vanvinckenroye
since 2024 · until 2027
Shareholders
10%
10%
10%
10%
10%
10%
Participations
No participations in other companies reported.
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 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
- 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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