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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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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PHARA Flex from Awans, company number BE0870401289, closed financial year 2025 with a result of € 40,077 after tax. For that financial year PHARA Flex recorded a gross margin of € 556,612 and equity of € 142,437. Compared with financial year 2024, the result moved from € 50,720 to € 40,077. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 4, 2025.
€ 142,437
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,077
▼ 21% vs 2024
Profit after tax over the fiscal year.
€ 12,850
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
9.1
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 514,132
▲ 51% vs 2024
€ 56,500 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.
Debts at end 2025
€ 20,000
Loans from banks and other lenders, long and short.
€ 42,693
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 50,137
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 301,992 | € 200,726 | € 398,127 | € 556,612 | ▲ 40% |
| Profit after taxes | € 14,249 | € -25,662 | € 50,720 | € 40,077 | ▼ 21% |
| Equity | € 168,954 | € 142,353 | € 152,360 | € 142,437 | ▼ 7% |
| Total debts | € 135,624 | € 283,306 | € 245,000 | € 231,616 | ▼ 5% |
| Cash | € 140,035 | € 28,724 | € 23,261 | € 12,850 | ▼ 45% |
| Retained profit | € 125,910 | € 100,248 | € 110,968 | € 101,044 | ▼ 9% |
| Dividend | € 10,000 | € 0 | € 40,000 | € 50,000 | ▲ 25% |
| Bank debt | € 0 | € 0 | € 0 | € 20,000 | |
| Balance sheet total | € 483,431 | € 479,768 | € 440,705 | € 401,280 | ▼ 9% |
| Employees (FTE) | 8.8 | 7.9 | 7.8 | 9.1 | ▲ 1.3 |
Key figures of PHARA Flex, 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 PHARA Flex?
What happened at PHARA Flex in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,077 (▼ 21% vs 2024). Source: NBB ↗
- François Cordonnier became a director. NBB
- Gérard Cordonnier became a director. NBB
- New establishment in Awans. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,249 profit in 2022 to € 40,077 profit in 2025.
Paid € 32,727 in corporate taxes since 2022.
Best year ever: 2024, with € 50,720 profit.
On average € 61,200 of value added per employee in 2025.
Management
The stake of LINCO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PHARA FlexBehind PHARA Flex are François Cordonnier and Gérard Cordonnier. The shares are held by LINCO INVEST (100%).
Directors
According to the 2025 annual accounts
since 2021
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Delvaux 21
4340 Awans
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 →LES ENTREPRISES ANDRE LAGROU same network
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€ 442,715 gross margin · 2025
ARDUINNA SILVA STUDIO
€ 414,191 gross margin · 2023
WY
€ 51,123 gross margin · 2024
+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
- 0870.401.289
- VAT number
- BE 0870.401.289
- Registered office
- Rue Delvaux 21, 4340 Awans
- Names & denominations
- PHARA Flex
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2004
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden