Financials
Financial year 2025
PHR from Wervik, company number BE0779374511, closed financial year 2025 with a result of € 161,738 after tax. For that financial year PHR recorded a gross margin of € 1.4 million and equity of € 90,473. Compared with financial year 2024, the result moved from € 217,013 to € 161,738. 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 April 3, 2026.
€ 90,473
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 161,738
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 14,074
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
62 % of the profit went to the shareholders, mostly to MINDSET (50 % of the shares). That is where the money ends up.
People and assets in 2025
15
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 8% vs 2024
€ 75,400 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.
€ 67,728
▲ € 65,141 vs 2024
Of which on lease € 67,727.
Debts at end 2025
€ 66,674
€ 13,555 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 92,254
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 161,380
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,546,850 | € 1,570,259 | € 1,388,637 | ▼ 12% |
| Profit after taxes | € 291,463 | € 217,013 | € 161,738 | ▼ 25% |
| Equity | € 52,729 | € 69,742 | € 90,473 | ▲ 30% |
| Total debts | € 553,409 | € 617,761 | € 461,304 | ▼ 25% |
| Cash | € 77,902 | € 173,175 | € 14,074 | ▼ 92% |
| Retained profit | € 51,616 | € 68,629 | € 89,360 | ▲ 30% |
| Dividend | € 200,000 | € 200,000 | € 100,000 | ▼ 50% |
| Bank debt | € 0 | € 0 | € 66,674 | |
| Balance sheet total | € 606,138 | € 687,504 | € 551,777 | ▼ 20% |
| Employees (FTE) | 15.8 | 16.7 | 15 | ▼ 1.7 |
By gross margin, PHR ranks 19th of 126 companies with main activity “Arbeidsbemiddeling” in West Flanders that publish figures (fiscal year 2025).
Key figures of PHR, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about PHR the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to PHR?
What happened at PHR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 161,738 (▼ 25% vs 2024). Source: NBB ↗
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
In short
From € 291,463 profit in 2023 to € 161,738 profit in 2025.
Paid € 273,518 in corporate taxes since 2023.
Best year ever: 2023, with € 291,463 profit.
On average € 92,600 of value added per employee in 2025.
Management
The stake of MINDSET, LOUBO PROJECTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PHRBehind PHR are Loubo Projects BV and Mindset BV. The shares are held by MINDSET (50%) and LOUBO PROJECTS (50%).
Directors
According to the 2025 annual accounts
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beselarestraat 74
8940 Wervik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0779.374.511
- VAT number
- BE 0779.374.511
- Registered office
- Beselarestraat 74, 8940 Wervik
- Names & denominations
- PHR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2021
- Peppol
- Active · Active since 23 Apr 2025
- Activities · NACE
Arbeidsbemiddeling
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