Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHIVARO from Bonheiden, company number BE0897791418, closed financial year 2025 with a result of € 12,988 after tax. For that financial year PHIVARO recorded revenue of € 121,543 and equity of € 242,953. Compared with financial year 2024, the result moved from € 25,786 to € 12,988. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 242,953
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,988
▼ 50% vs 2024
Profit after tax over the fiscal year.
€ 6,624
▲ € 6,121 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 € 192,953.
People and assets in 2025
€ 697
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 9% vs 2024
€ 96,798 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 9,992
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 166 days on average.
€ 7,608
▲ 49% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 121,543 | |
| Gross margin | € 149,341 | € 135,804 | € 110,398 | - | |
| Profit after taxes | € 100,700 | € 57,265 | € 25,786 | € 12,988 | ▼ 50% |
| Equity | € 146,914 | € 204,179 | € 229,965 | € 242,953 | ▲ 6% |
| Total debts | € 1,797,071 | € 1,752,764 | € 1,644,778 | € 1,591,425 | ▼ 3% |
| Cash | € 43,266 | € 47,567 | € 503 | € 6,624 | ▲ € 6,121 |
| Land & buildings | € 1,573,166 | € 1,582,965 | € 1,536,968 | € 1,490,970 | ▼ 3% |
| Retained profit | € 96,914 | € 154,179 | € 179,965 | € 192,953 | ▲ 7% |
| Bank debt | € 1,391,705 | € 1,390,155 | € 1,290,235 | € 1,177,406 | ▼ 9% |
| Balance sheet total | € 1,943,985 | € 1,956,943 | € 1,874,743 | € 1,834,378 | ▼ 2% |
Key figures of PHIVARO, 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 PHIVARO?
What happened at PHIVARO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,988 (▼ 50% vs 2024). Source: NBB ↗
- Marc SMET became a director. NBB
- Philippe VAN ROMPAY stepped down as director. NBB
- Nancy WOUTERS stepped down as director. NBB
- New establishment in Bonheiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 100,700 profit in 2022 to € 12,988 profit in 2025.
Paid € 49,044 in corporate taxes since 2022.
Best year ever: 2022, with € 100,700 profit.
Pays suppliers within 166 days on average.
A new publication or filing at PHIVARO? 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
The stake of WAREHOUSING & WAREHOUSE RELATED SERVICES BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PHIVAROBehind PHIVARO is Marc SMET. The shares are held by WAREHOUSING & WAREHOUSE RELATED SERVICES BELGIUM (100%). It owns 100% of Mechels Verhuisbedrijf itself.
Directors
According to the 2025 annual accounts
Marc SMET
Director
Also active at: GOSSELIN TRANSPORT SERVICES, PASEC PORT, Delcatransport, GOVERNMENT LOGISTICS, HEAVY LIFTING+HANDLING, GOSSELIN FORWARDING SERVICES, WAREHOUSING & WAREHOUSE RELATED SERVICES BELGIUM, A. MEYS EN ZONEN N.V. +24 more
since 2025
· until 2025
· until 2025
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Meiboomstraat 3 box 3
2820 Bonheiden
Meiboomstraat 3-3
2820 Bonheiden
Active since 28 April 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0897.791.418
- VAT number
- BE 0897.791.418
- Registered office
- Meiboomstraat 3 bus 3, 2820 Bonheiden
- Names & denominations
- PHIVARO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 2008
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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