Financials
Financial year 2025
PHIL ELECTRIC from Gent, company number BE0841046814, closed financial year 2025 with a result of € 8,655 after tax. For that financial year PHIL ELECTRIC recorded a gross margin of € 14,280 and equity of € 21,237. Compared with financial year 2024, the result moved from € 16,663 to € 8,655. 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 November 4, 2025.
€ 21,237
▲ 59% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,655
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 20,080
▲ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 800 paid out
9 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,928
▲ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,700
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,334
▼ 56% 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 | € 23,855 | € 5,889 | € 24,418 | € 14,280 | ▼ 42% |
| Profit after taxes | € 10,932 | € -930 | € 16,663 | € 8,655 | ▼ 48% |
| Equity | € -2,352 | € -3,282 | € 13,382 | € 21,237 | ▲ 59% |
| Total debts | € 28,168 | € 15,170 | € 6,929 | € 3,834 | ▼ 45% |
| Cash | € 11,900 | € 6,059 | € 12,248 | € 20,080 | ▲ 64% |
| Retained profit | € -14,752 | € -15,682 | € 982 | € 8,837 | ▲ € 7,855 |
| Dividend | € 0 | € 0 | € 0 | € 800 | |
| Balance sheet total | € 25,817 | € 11,888 | € 20,311 | € 25,071 | ▲ 23% |
Key figures of PHIL ELECTRIC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PHIL ELECTRIC?
What happened at PHIL ELECTRIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,655 (▼ 48% vs 2024). Source: NBB ↗
- Philippe Vanherzeele became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,932 profit in 2022 to € 8,655 profit in 2025.
Paid € 14,506 in corporate taxes since 2022.
Best year ever: 2024, with € 16,663 profit.
Paid out € 800 in dividends to the owners in total.
Management
Behind PHIL ELECTRIC is Philippe Vanherzeele.
Directors
According to the 2025 annual accounts
Philippe Vanherzeele
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Nekkersputstraat 261
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0841.046.814
- VAT number
- BE 0841.046.814
- Registered office
- Nekkersputstraat 261, 9000 Gent
- Names & denominations
- PHIL ELECTRIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2011
- Peppol
- Active · Active since 17 Jul 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.