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 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHYLLIPPROJECTS from Zwevegem, company number BE0825338653, closed financial year 2025 with a result of € -34,868 after tax. For that financial year PHYLLIPPROJECTS recorded a gross margin of € 25,777 and equity of € 43,033. Compared with financial year 2024, the result moved from € 8,443 to € -34,868. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 43,033
▼ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,868
▼ still € 8,443 profit in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 36,033.
People and assets in 2025
€ 27,242
▼ 26% vs 2024
Of which on lease € 26,855.
Debts at end 2025
€ 553,319
▼ 5% vs 2024
€ 7,602 is repaid this year. At this pace the long-term loan is gone in ≈ 73 years.
€ 46,847
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 954
▲ 145% vs 2024
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 | € 61,604 | € 103,356 | € 79,984 | € 25,777 | ▼ 68% |
| Profit after taxes | € -12,183 | € 37,720 | € 8,443 | € -34,868 | ▼ € 43,311 |
| Equity | € 31,739 | € 69,459 | € 77,902 | € 43,033 | ▼ 45% |
| Total debts | € 754,190 | € 675,663 | € 687,578 | € 650,414 | ▼ 5% |
| Cash | € 6,721 | € 13,560 | € 8,859 | € 0 | ▼ 100% |
| Land & buildings | € 689,569 | € 677,503 | € 645,216 | € 612,930 | ▼ 5% |
| Retained profit | € 24,739 | € 62,459 | € 70,902 | € 36,033 | ▼ 49% |
| Bank debt | € 634,960 | € 591,790 | € 581,982 | € 553,319 | ▼ 5% |
| Balance sheet total | € 785,929 | € 745,121 | € 765,479 | € 693,447 | ▼ 9% |
Key figures of PHYLLIPPROJECTS, 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 PHYLLIPPROJECTS?
What happened at PHYLLIPPROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 34,868 (▼ € 43,311 vs 2024). filed late Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,183 loss in 2022 to € 34,868 loss in 2025.
Best year ever: 2023, with € 37,720 profit.
Management
Behind PHYLLIPPROJECTS is Phyllip Cossement.
Directors
According to the 2025 annual accounts
Phyllip Cossement
Manager
Establishments
Establishment units
Physical locations of this company
Demeesterstraat(Z) 19 box 102
8550 Zwevegem
Paul Ferrardstraat(Z) 4
8550 Zwevegem
Active since 26 April 2010
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
- 0825.338.653
- VAT number
- BE 0825.338.653
- Registered office
- Demeesterstraat(Z) 19 bus 102, 8550 Zwevegem
- Names & denominations
- PHYLLIPPROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2010
- Peppol
- Active · Active since 31 Aug 2023
- Activities · NACE
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