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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Phantasma ex Machina from Eupen, company number BE0789726092, closed financial year 2025 with a result of € -7,244 after tax. For that financial year Phantasma ex Machina recorded a gross margin of € -6,824 and equity of € 1 million. Compared with financial year 2024, the result moved from € -33,179 to € -7,244. The company made a loss. 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 September 10, 2026.
€ 1 million
▲ € 1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,244
▲ 78 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,515
▲ € 3,600 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -39,975.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 497
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,326 | € -14,788 | € -6,824 | ▲ € 7,964 |
| Profit after taxes | € 448 | € -33,179 | € -7,244 | ▲ € 25,936 |
| Equity | € 3,448 | € -29,731 | € 1,007,071 | ▲ € 1 million |
| Total debts | € 26,869 | € 1,078,065 | € 43,069 | ▼ 96% |
| Cash | € 1,730 | € 915 | € 4,515 | ▲ € 3,600 |
| Retained profit | € 448 | € -32,731 | € -39,975 | ▼ € 7,244 |
| Bank debt | € 0 | € 1,044,047 | € 0 | ▼ 100% |
| Balance sheet total | € 30,317 | € 1,048,334 | € 1,050,141 |
Key figures of Phantasma ex Machina, 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.
What happened to Phantasma ex Machina?
What happened at Phantasma ex Machina in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,244. filed late Source: NBB ↗
- New establishment in Eupen. KBO
- Start of the company according to the CBE. KBO
In short
From € 448 profit in 2023 to € 7,244 loss in 2025.
Paid € 112 in corporate taxes since 2023.
Best year ever: 2023, with € 448 profit.
Management
Behind Phantasma ex Machina is Markus Vervier. It owns 51.1% of Persistent Security Industries itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Place de l'Hôtel de Ville 5
4700 Eupen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →RAT FÜR ERWACHSENBILDUNG
IMMOGE
€ 36,486 gross margin · 2025
GEVA BELGIUM
€ -2,892 gross margin · 2025
ZIKUWI - ZENTRUM FÜR INNOVATIVE KÜNSTLERISCHE UND WIRTSCHAFTLICHE IMPULSE VoG
Persistent Security Industries same network
€ 735,017 gross margin · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0789.726.092
- VAT number
- BE 0789.726.092
- Registered office
- Place de l'Hôtel de Ville 5, 4700 Eupen
- Names & denominations
- Phantasma ex Machina
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 August 2022
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Activiteiten van hoofdkantoren