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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Figures corrected NBB
Corrected annual account filed for 2022.
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Late annual account NBB
Fiscal year 2025 was filed 249 days after the legal deadline.
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Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MPHASIS BELGIUM from Zaventem, company number BE0897298696, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year MPHASIS BELGIUM recorded revenue of € 20 million and equity of € 13.6 million. Compared with financial year 2024, the result moved from € 1 million to € 1.4 million. 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 7, 2026.
€ 13.6 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▼ 55% 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 € 13.6 million.
People and assets in 2025
44.6
▲ 11.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5 million
▲ 11% vs 2024
€ 111,900 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.
€ 24,097
▲ € 23,782 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.
€ 6.4 million
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 172 days on average.
€ 1.3 million
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 22,598,972 | € 25,911,816 | € 23,273,509 | € 19,988,765 | ▼ 14% |
| Profit after taxes | € 535,890 | € 839,321 | € 1,037,606 | € 1,418,660 | ▲ 37% |
| Equity | € 10,281,823 | € 11,121,144 | € 12,158,750 | € 13,577,410 | ▲ 12% |
| Total debts | € 10,099,166 | € 10,553,248 | € 9,137,440 | € 7,862,175 | ▼ 14% |
| Cash | € 2,463,107 | € 1,541,426 | € 2,571,926 | € 1,155,188 | ▼ 55% |
| Retained profit | € 10,275,523 | € 11,114,844 | € 12,152,450 | € 13,571,110 | ▲ 12% |
| Balance sheet total | € 20,380,989 | € 21,674,392 | € 21,296,190 | € 21,439,585 | ▲ 1% |
| Employees (FTE) | 23.2 | 30.3 | 32.9 | 44.6 | ▲ 11.7 |
Key figures of MPHASIS BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to MPHASIS BELGIUM?
What happened at MPHASIS 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 € 1.4 million (▲ 37% vs 2024). filed late Source: NBB ↗
- Anurag NAGAR became a director. NBB
- Anurag BHATIA stepped down as director. NBB
- Anurag BHATIA became a director. NBB
- Eric Gordon WINSTON became a director. NBB
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
In short
From € 535,890 profit in 2022 to € 1.4 million profit in 2025.
Paid € 2.5 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.4 million profit.
Pays suppliers within 172 days on average.
Management
Behind MPHASIS BELGIUM are Eric Gordon WINSTON and Anurag NAGAR. The shares are held by MPHASIS LIMITED (99.5%) and MPHASIS CONSULTING LIMITED (0.5%).
Directors
According to the 2025 annual accounts
Eric Gordon WINSTON
Manager
since 2018
Anurag NAGAR
Manager
since 2024
Anurag BHATIA
Manager
since 2019 · until 2024
Shareholders
MPHASIS LIMITED
99.5%
MPHASIS CONSULTING LIMITED
0.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Da Vincilaan 9
1930 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.
All companies at this address →NORDSON BENELUX
€ 2.5 million gross margin · 2025
BDO BELGIUM
€ 45.8 million revenue · 2025
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
€ 47.6 million revenue · 2025
BDO ACCOUNTANTS & BELASTINGADVISEURS
€ 56.9 million revenue · 2025
NUSKIN BELGIUM
€ 199,179 gross margin · 2025
+22 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
- 0897.298.696
- VAT number
- BE 0897.298.696
- Registered office
- Da Vincilaan 9, 1930 Zaventem
- Names & denominations
- MPHASIS BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 2008
- Peppol
- Active · Active since 22 Apr 2026
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