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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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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
PH Project from Kalmthout, company number BE0877093103, closed financial year 2025 with a result of € 201,557 after tax. For that financial year PH Project recorded a gross margin of € 333,135 and equity of € 147,118. Compared with financial year 2024, the result moved from € 31,201 to € 201,557. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 5, 2026.
€ 147,118
▲ € 201,557 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 201,557
▲ € 170,356 vs 2024
Profit after tax over the fiscal year.
€ 39,501
▲ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 140,918.
People and assets in 2025
€ 20,334
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 575,504
▼ 6% vs 2024
€ 36,123 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 296
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,193
▲ 116% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 267,971 | € 115,721 | € 134,734 | € 333,135 | ▲ 147% |
| Profit after taxes | € 61,728 | € 17,248 | € 31,201 | € 201,557 | ▲ € 170,356 |
| Equity | € -102,888 | € -85,640 | € -54,438 | € 147,118 | ▲ € 201,557 |
| Total debts | € 751,598 | € 711,197 | € 659,907 | € 650,407 | ▼ 1% |
| Cash | € 4,337 | € 9,471 | € 24,506 | € 39,501 | ▲ 61% |
| Land & buildings | € 413,903 | € 359,836 | € 305,266 | € 270,132 | ▼ 12% |
| Retained profit | € -109,088 | € -91,840 | € -60,638 | € 140,918 | ▲ € 201,557 |
| Bank debt | € 692,512 | € 646,823 | € 613,450 | € 575,504 | ▼ 6% |
| Balance sheet total | € 648,710 | € 625,557 | € 605,468 | € 797,525 | ▲ 32% |
Key figures of PH Project, 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 PH Project?
What happened at PH Project in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- New establishment in Kalmthout. KBO
- Start of the company according to the CBE. KBO
- Peter Himschoot became a director. NBB
In short
From € 61,728 profit in 2022 to € 201,557 profit in 2025.
Paid € 97,722 in corporate taxes since 2022.
Best year ever: 2025, with € 201,557 profit.
Management
Behind PH Project is Peter Himschoot.
Directors
According to the 2025 annual accounts
Peter Himschoot
Director
since 2005
Establishments
Establishment units
Physical locations of this company
Noordeind (Dp) 56
2920 Kalmthout
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
- 0877.093.103
- VAT number
- BE 0877.093.103
- Registered office
- Noordeind (Dp) 56, 2920 Kalmthout
- Names & denominations
- PH Project
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 2005
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Installatie van industriële machines, toestellen en werktuigen
Vervaardiging van apparaten voor de bewaking van industriële processen