ACTIVE

Phase 3

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

132,1 k €

+35.6% YoY

Gross margin

312,7 k €

+28.1% YoY

Equity

180,2 k €

+1.2% YoY

Workforce

2,3 ETP

+4.5% YoY

What does Phase 3 do?

Phase 3 is a Private limited company incorporated in 1979. Its main activity is: Manufacture of other inorganic basic chemicals. Its registered office is in Couvin. It employs on average 2,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0419.617.446

Incorporation

06/08/1979

Legal form

Private limited company

Registered office

Rue des Mousquetaires Gris 35
5660 Couvin · WallonieSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Average workforce

2,3 ETP

Activities (NACE)

20130Manufacture of other inorganic basic chemicals· main 20130Manufacture of other inorganic basic chemicals 20590Manufacture of other chemical products n.e.c.20590Manufacture of other chemical products n.e.c.

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	312,7 k €	+28.1%	244,2 k €	+16.2%	210,1 k €	-22.6%	271,3 k €	+74.1%	155,8 k €	+27.4%	122,3 k €	+31.2%	93,2 k €	+30.7%	71,3 k €	+37.5%	51,9 k €	+27.7%	40,6 k €	+56.8%	25,9 k €	+89.6%	13,6 k €	+12.7%	12,1 k €	+235%	-9 k €	-377%	3,2 k €	-73.9%	12,4 k €	+49.1%	8,3 k €	-78.3%	38,4 k €	+4.9%	36,6 k €	+146%	14,9 k €
EBITDA	187,8 k €	+32.5%	141,8 k €	+8.6%	130,6 k €	+6.4%	122,7 k €	+109%	58,7 k €	-20.2%	73,5 k €	+158%	28,5 k €	+29.5%	22 k €	+523%	3,5 k €	-87.9%	29,3 k €	+15.3%	25,4 k €	+96.3%	12,9 k €	+12.4%	11,5 k €	+218%	-9,8 k €	-449%	2,8 k €	+219%	-2,4 k €	-130%	7,7 k €	-79.2%	37,3 k €	+20.9%	30,9 k €	+163%	11,8 k €
Operating result	178,6 k €	+36.9%	130,5 k €	+5.0%	124,3 k €	+5.9%	117,3 k €	+137%	49,6 k €	-14.2%	57,8 k €	+178%	20,8 k €	+45.3%	14,3 k €	+607%	-2,8 k €	-112%	24,4 k €	+18.9%	20,5 k €	+147%	8,3 k €	+9.5%	7,6 k €	+147%	-16,3 k €	-1227%	-1,2 k €	+80.9%	-6,4 k €	-262%	4 k €	-88.2%	33,6 k €	+10.9%	30,3 k €	+178%	10,9 k €
Net result	132,1 k €	+35.6%	97,5 k €	+5.3%	92,5 k €	+3.4%	89,5 k €	+133%	38,4 k €	+1.8%	37,7 k €	+127%	16,6 k €	+114%	7,7 k €	+329%	-3,4 k €	-122%	15,3 k €	+10.3%	13,9 k €	+81.2%	7,7 k €	+12.2%	6,8 k €	+139%	-17,4 k €	-880%	-1,8 k €	+81.6%	-9,6 k €	-36.0%	-7,1 k €	-134%	21,1 k €	-22.6%	27,3 k €	+162%	10,4 k €
Balance sheet
Equity	180,2 k €	+1.2%	178,1 k €	+36.3%	130,6 k €	+0.0%	130,5 k €	+0.4%	130,1 k €	+41.9%	91,7 k €	-2.4%	94 k €	+21.5%	77,4 k €	+11.1%	69,6 k €	-4.6%	73 k €	+26.6%	57,7 k €	+31.8%	43,8 k €	+21.3%	36,1 k €	+23.4%	29,2 k €	-37.3%	46,6 k €	-3.7%	48,4 k €	-37.0%	76,9 k €	-8.4%	84 k €	+33.6%	62,8 k €	+76.8%	35,5 k €
Total assets	353,7 k €	+29.2%	273,8 k €	+2.6%	266,8 k €	-27.9%	369,8 k €	+62.8%	227,2 k €	-13.2%	261,8 k €	+46.7%	178,5 k €	+23.9%	144 k €	-5.2%	151,9 k €	+41.6%	107,3 k €	-0.1%	107,3 k €	+21.4%	88,4 k €	+51.5%	58,4 k €	+22.7%	47,6 k €	-22.1%	61,1 k €	-24.4%	80,9 k €	-39.5%	133,7 k €	+19.3%	112,1 k €	+70.0%	65,9 k €	+73.9%	37,9 k €
Cash	182,3 k €	+5.2%	173,2 k €	+37.5%	126 k €	+49.9%	84,1 k €	-10.0%	93,5 k €	+51.6%	61,7 k €	+94.7%	31,7 k €	-48.0%	60,9 k €	+48.7%	40,9 k €	+12.6%	36,4 k €	-45.3%	66,5 k €	+97.0%	33,8 k €	+57.7%	21,4 k €	+28.6%	16,6 k €	-49.2%	32,8 k €	+29.6%	25,3 k €	-4.1%	26,4 k €	-15.6%	31,3 k €	+18.8%	26,3 k €	+61.1%	16,3 k €
Debts	173,5 k €	+81.3%	95,7 k €	-29.7%	136,2 k €	-43.1%	239,3 k €	+146%	97,1 k €	-42.9%	170,2 k €	+101%	84,5 k €	+26.8%	66,6 k €	-19.0%	82,3 k €	+140%	34,2 k €	-31.1%	49,7 k €	+12.6%	44,1 k €	+112%	20,8 k €	+35.7%	15,4 k €	+6.2%	14,5 k €	-55.4%	32,4 k €	-43.0%	56,9 k €	+102%	28,1 k €	+814%	3,1 k €	+30.5%	2,4 k €
Other
Workforce	2,3 ETP	+4.5%	2,2 ETP	+22.2%	1,8 ETP	-21.7%	2,3 ETP	+27.8%	1,8 ETP	+28.6%	1,4 ETP		–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 8 ended

Active mandates

AQLC MANAGEMENT

Director · since 23 octobre 2025 · 1028.271.957

Represented by Quentin Maguin

Active

ExecAdvice

Director · since 23 octobre 2025 · 0832.232.086

Represented by Gilles Klass

Active

Noélise Consulting

Director · since 23 octobre 2025 · 1028.269.284

Represented by Emilie Van Hamme

Active

JEAN CLAUDE BIARD

Director · since 26 mai 2023

Active

Ended mandates

JEAN CLAUDE BIARD

Director

Ended

JEAN CLAUDE BIARD

Manager

Ended

JEAN-CLAUDE BIARD

Mandate

Ended

JEAN-CLAUDE BIARD

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
B-CHEMICALS INTERNATIONAL HOLDING● Active	0745.710.165
CONVERGENT GROUP● Active	0479.433.386
JEYQ● Active	1029.583.239
LISOCHEM● Active	0745.710.264

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/06/2026	27/06/2025	21/06/2024	03/07/2023	23/08/2022	31/08/2021
General meeting	22/06/2026	26/06/2025	04/06/2024	28/04/2023	24/06/2022	25/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/06/2026	26/06/2026	French	PDF
Abridged model	31/12/2024	26/06/2025	27/06/2025	French	PDF
Abridged model	31/12/2023	04/06/2024	21/06/2024	French	PDF
Abridged model	31/12/2022	28/04/2023	03/07/2023	French	PDF
Abridged model	31/12/2021	24/06/2022	23/08/2022	French	PDF
Abridged modelCorrection	31/12/2020	25/06/2021	31/08/2021	French	PDF
Abridged model	31/12/2020	25/06/2021	24/08/2021	French	PDF
Micro model	31/12/2019	26/06/2020	28/08/2020	French	PDF
Micro model	31/12/2018	28/06/2019	09/08/2019	French	PDF
Micro model	31/12/2017	29/06/2018	08/08/2018	French	PDF
Micro model	31/12/2016	30/06/2017	22/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	04/07/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	02/07/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	14/07/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	12/07/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	02/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	04/08/2010	French	PDF
Abridged model	31/12/2008	15/06/2009	30/07/2009	French	PDF
Abridged model	31/12/2007	11/06/2008	16/06/2008	French	PDF
Abridged model	31/12/2006	25/06/2007	23/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 8 ended

Active mandates

AQLC MANAGEMENT

Director · since 23 octobre 2025 · 1028.271.957

Represented by Quentin Maguin

Active

ExecAdvice

Director · since 23 octobre 2025 · 0832.232.086

Represented by Gilles Klass

Active

Noélise Consulting

Director · since 23 octobre 2025 · 1028.269.284

Represented by Emilie Van Hamme

Active

JEAN CLAUDE BIARD

Director · since 26 mai 2023

Active

Ended mandates

JEAN CLAUDE BIARD

Director

Ended

JEAN CLAUDE BIARD

Manager

Ended

JEAN-CLAUDE BIARD

Mandate

Ended

JEAN-CLAUDE BIARD

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/03/2026
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Other16/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates12/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates25/04/2013
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025132,1 k €↑
2024
Annual accounts 202497,5 k €↑
2023
Annual accounts 202392,5 k €↑
2022
Annual accounts 202289,5 k €↑
2021
Annual accounts 202138,4 k €↑
2020
Annual accounts 202037,7 k €↑
2019
Annual accounts 201916,6 k €↑
2018
Annual accounts 20187,7 k €↑
2017
Annual accounts 2017-3,4 k €↓
2016
Annual accounts 201615,3 k €↑
2015
Annual accounts 201513,9 k €↑
2014
Annual accounts 20147,7 k €↑
2013
Annual accounts 20136,8 k €↑
2012
Annual accounts 2012-17,4 k €↓
2011
Annual accounts 2011-1,8 k €↑
2010
Annual accounts 2010-9,6 k €↓
2009
Annual accounts 2009-7,1 k €↓
2008
Annual accounts 200821,1 k €↓
2007
Annual accounts 200727,3 k €↑
2006
Annual accounts 200610,4 k €
06/08/1979
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Phase 3

Overview

What does Phase 3 do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline