Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
PHSE Belgium from Herstal, company number BE0887339865, closed financial year 2025 with a result of € 87,125 after tax. For that financial year PHSE Belgium recorded a gross margin of € 717,997 and equity of € 114,121. Compared with financial year 2024, the result moved from € 102,118 to € 87,125. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 114,121
▲ € 87,125 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,125
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 40,918
▲ € 37,375 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 € 14,121.
People and assets in 2025
€ 509,267
▲ 14% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 203,298
▲ 8% vs 2024
Of which on lease € 158,174.
Debts at end 2025
€ 146,576
▼ 35% vs 2024
€ 75,104 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 194,828
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 64,754
▲ 66% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 327,402 | € 324,663 | € 657,627 | € 717,997 | ▲ 9% |
| Profit after taxes | € 61,307 | € -147,075 | € 102,118 | € 87,125 | ▼ 15% |
| Equity | € 71,952 | € -75,123 | € 26,996 | € 114,121 | ▲ € 87,125 |
| Total debts | € 314,951 | € 581,062 | € 457,315 | € 410,100 | ▼ 10% |
| Cash | € 42,775 | € 10,780 | € 3,543 | € 40,918 | ▲ € 37,375 |
| Retained profit | € -28,048 | € -175,123 | € -73,004 | € 14,121 | ▲ € 87,125 |
| Bank debt | € 147,005 | € 318,525 | € 223,879 | € 146,576 | ▼ 35% |
| Balance sheet total | € 386,903 | € 505,939 | € 484,311 | € 559,221 | ▲ 15% |
| Employees (FTE) | - | - | 8.3 | - |
Key figures of PHSE Belgium, 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 PHSE Belgium?
What happened at PHSE Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 87,125 (▼ 15% vs 2024). Source: NBB ↗
- Andrea DEMEULENAERE stepped down as director. NBB
- Andrea DEMEULENAERE became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Herstal. KBO
In short
From € 61,307 profit in 2022 to € 87,125 profit in 2025.
Paid € 1,329 in corporate taxes since 2022.
Best year ever: 2024, with € 102,118 profit.
On average € 79,200 of value added per employee in 2024.
A new publication or filing at PHSE Belgium? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PHSE Belgium are Fabio MIOLI, Fedele DE VITA, Inglis GRAHAM and Hans VAN DE MAELE.
Directors
According to the 2025 annual accounts
Fabio MIOLI
Director
Fedele DE VITA
Director
Inglis GRAHAM
Director
Hans VAN DE MAELE
Director
Andrea DEMEULENAERE
Director
since 2021 · until 2026
Establishments
Establishment units
Physical locations of this company
Rue de Hermée 255
4040 Herstal
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Olivia Garden
€ 20.3 million revenue · 2025
World Union Karaté Do Fédération Belgium
WORLD UNION OF KARATE DO FEDERATIONS
TELIX INNOVATIONS
€ 243.8 million revenue · 2025
Triangle solutions RH construction
€ -3,832 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
NEDZONE-AS, NL
Domain
Domain
be-wis.com
Registered
2018-08-25
Registrar
Key-Systems GmbH
Expires
2026-08-25
Website info
Features
Security
Details
- Company number
- 0887.339.865
- VAT number
- BE 0887.339.865
- Registered office
- Rue de Hermée 255, 4040 Herstal
- Names & denominations
- PHSE Belgium · WIS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2007
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- be-wis.com
- Activities · NACE
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