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 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
project by PHYL from Lontzen, company number BE0860016054, closed financial year 2025 with a result of € 116,798 after tax. For that financial year project by PHYL recorded a gross margin of € 427,746 and equity of € 623,027. Compared with financial year 2024, the result moved from € 26,088 to € 116,798. Profitable, and profit is growing. 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 July 14, 2026.
€ 623,027
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 116,798
▲ € 90,710 vs 2024
Profit after tax over the fiscal year.
€ 15,050
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 87,600 paid out
75 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3.1
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 123,766
▼ 10% vs 2024
€ 39,900 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.
€ 18,860
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 596,692
▲ 20% vs 2024
€ 112,996 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 40,364
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 74,010
▲ 117% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 325,060 | € 397,586 | € 310,083 | € 427,746 | ▲ 38% |
| Profit after taxes | € 87,622 | € 14,150 | € 26,088 | € 116,798 | ▲ € 90,710 |
| Equity | € 750,592 | € 764,742 | € 593,830 | € 623,027 | ▲ 5% |
| Total debts | € 907,503 | € 970,816 | € 964,096 | € 840,357 | ▼ 13% |
| Cash | € 267,647 | € 53,661 | € 66,361 | € 15,050 | ▼ 77% |
| Land & buildings | € 1,084,269 | € 1,062,234 | € 1,035,039 | € 1,183,618 | ▲ 14% |
| Retained profit | € 306,992 | € 321,142 | € 150,230 | € 179,427 | ▲ 19% |
| Dividend | € 67,500 | € 0 | € 197,000 | € 87,600 | ▼ 56% |
| Bank debt | € 594,019 | € 506,730 | € 495,523 | € 596,692 | ▲ 20% |
| Balance sheet total | € 1,658,094 | € 1,735,558 | € 1,557,926 | € 1,463,384 | ▼ 6% |
| Employees (FTE) | - | 1.8 | 3.2 | 3.1 | ▼ 0.1 |
Key figures of project by PHYL, 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 project by PHYL?
What happened at project by PHYL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 116,798 (▲ € 90,710 vs 2024). Source: NBB ↗
- New establishment in Lontzen. KBO
- Start of the company according to the CBE. KBO
In short
From € 87,622 profit in 2022 to € 116,798 profit in 2025.
Paid € 241,582 in corporate taxes since 2022.
Best year ever: 2025, with € 116,798 profit.
On average € 138,000 of value added per employee in 2025.
Management
Behind project by PHYL is Yvonne PANKERT.
Directors
According to the 2025 annual accounts
Yvonne PANKERT
Director
Establishments
Establishment units
Physical locations of this company
Rue du Sablon 32A
4711 Lontzen
Rue du Sablon 32 box b
4711 Lontzen
Active since 7 August 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0860.016.054
- VAT number
- BE 0860.016.054
- Registered office
- Rue du Sablon 32A, 4711 Lontzen
- Names & denominations
- project by PHYL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 August 2003
- Peppol
- Active · Active since 8 Oct 2025
- Contact
- 087 55 55 13
- Activities · NACE
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