ACTIVE

PHASIANUS

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Financial year 2025 · closed on 31/12/2025

Net result

61,2 k €

-2.0% YoY

Equity

91,3 k €

+13.5% YoY

What does PHASIANUS do?

PHASIANUS is a Public limited company incorporated in 1993. Its registered office is in Auderghem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.059.709

Incorporation

06/05/1993

Legal form

Public limited company

Registered office

Rue Jules Cockx 10 box 13
1160 Auderghem · BruxellesSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2006
Income statement
Gross margin	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		55,8 k €	+566%	8,4 k €
EBITDA	82,6 k €	-0.7%	83,2 k €	+6.3%	78,2 k €	+6.5%	73,5 k €	+2.2%	71,9 k €	+3.2%	69,6 k €	-1.8%	70,9 k €	+3.2%	68,8 k €	+8.6%	63,3 k €	+5.3%	60,1 k €	-2.8%	61,9 k €	-1.0%	62,5 k €	-0.6%	62,9 k €	+4.6%	60,1 k €	+2.6%	58,6 k €	+0.9%	58,1 k €	+187%	20,3 k €	-63.2%	55,1 k €	+677%	7,1 k €
Operating result	82,6 k €	-0.7%	83,2 k €	+6.3%	78,2 k €	+6.5%	73,5 k €	+2.2%	71,9 k €	+3.2%	69,6 k €	-1.8%	70,9 k €	+3.2%	68,8 k €	+8.6%	63,3 k €	+5.3%	60,1 k €	-2.8%	61,9 k €	-1.0%	62,5 k €	-0.6%	62,9 k €	+4.6%	60,1 k €	+2.6%	58,6 k €	+0.9%	58,1 k €	+187%	20,3 k €	-63.2%	55,1 k €	+677%	7,1 k €
Net result	61,2 k €	-2.0%	62,4 k €	+7.0%	58,3 k €	+6.3%	54,9 k €	+2.1%	53,7 k €	+3.1%	52,2 k €	+7.3%	48,6 k €	+3.3%	47,1 k €	+13.6%	41,4 k €	+4.3%	39,7 k €	-3.5%	41,1 k €	-5.8%	43,7 k €	-0.7%	44 k €	+4.7%	42 k €	+4.2%	40,3 k €	+1.8%	39,6 k €	+120%	18 k €	-47.9%	34,5 k €	+525%	5,5 k €
Balance sheet
Equity	91,3 k €	+13.5%	80,4 k €	+18.3%	68 k €	+0.5%	67,7 k €	-43.5%	119,8 k €	0.0%	119,8 k €	+3.0%	116,3 k €	+1.3%	114,7 k €	-22.9%	148,8 k €	+38.6%	107,4 k €	-29.6%	152,5 k €	+37.0%	111,3 k €	-65.3%	320,8 k €	+15.9%	276,8 k €	+17.9%	234,8 k €	+20.7%	194,5 k €	+25.6%	154,9 k €	+13.2%	136,9 k €	+56.6%	87,4 k €
Total assets	196 k €	-36.4%	308,3 k €	-0.2%	309 k €	+25.9%	245,5 k €	+5.3%	233 k €	+12.6%	206,9 k €	-8.5%	226,1 k €	-5.9%	240,4 k €	+5.9%	227 k €	+25.4%	181 k €	-18.4%	221,9 k €	+25.5%	176,8 k €	-46.9%	333,1 k €	+15.5%	288,3 k €	+7.8%	267,6 k €	+27.7%	209,6 k €	+8.0%	194 k €	-35.1%	299 k €	+24.7%	239,7 k €
Cash	–		136,8 k €	-1.6%	139 k €	+84.0%	75,6 k €	+21.9%	62 k €	+67.7%	37 k €	-34.2%	56,2 k €	-20.3%	70,5 k €	+23.6%	57 k €	+418%	11 k €	-78.8%	51,9 k €	+1184%	4 k €	-97.5%	159,7 k €	+38.9%	115 k €	+22.0%	94,2 k €	+162%	36 k €	+144%	14,7 k €	-82.7%	85,3 k €	+355%	18,7 k €
Debts	81,4 k €	-60.3%	205 k €	-6.3%	218,7 k €	+39.8%	156,4 k €	+66.8%	93,8 k €	+37.6%	68,2 k €	-25.2%	91,1 k €	-27.5%	125,7 k €	+60.8%	78,2 k €	+40.1%	55,8 k €	+7.4%	52 k €	+68.1%	30,9 k €	+159%	11,9 k €	+7.5%	11,1 k €	-66.1%	32,7 k €	+128%	14,4 k €	-60.7%	36,5 k €	-76.5%	155,7 k €	+11.4%	139,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

Carmen Haydu (ép. Houard)

Director · since 17 août 2025 · until 29 mai 2029

Active

Werner Thys

Director · since 30 septembre 2024 · until 29 mai 2029

Active

Ended mandates

Werner Thys

Director · since 30 septembre 2024 · until 22 mai 2029

Ended

Joachim Roberg-Larsen

Director · since 03 janvier 2024 · until 29 mai 2029

Ended

Peter Hermans

Director · since 30 mai 2023 · until 26 mai 2026

Ended

Martine Willant

Director · since 30 juin 2022 · until 30 mai 2023

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	03/08/2026	27/06/2025	30/07/2024	12/06/2023	06/12/2022	21/06/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	30/05/2023	31/05/2022	25/05/2021
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

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/05/2026	03/08/2026	French	PDF
Full modelCorrection	31/12/2024	27/05/2025	27/06/2025	French	PDF
Full model	31/12/2024	27/05/2025	20/06/2025	French	PDF
Full model	31/12/2023	28/05/2024	30/07/2024	French	PDF
Full model	31/12/2022	30/05/2023	12/06/2023	French	PDF
Full modelCorrection	31/12/2021	31/05/2022	06/12/2022	French	PDF
Full model	31/12/2021	31/05/2022	20/06/2022	French	PDF
Full model	31/12/2020	25/05/2021	21/06/2021	French	PDF
Full model	31/12/2019	26/05/2020	18/06/2020	French	PDF
Full model	31/12/2018	28/05/2019	14/06/2019	French	PDF
Full model	31/12/2017	29/05/2018	20/06/2018	French	PDF
Full model	31/12/2016	30/05/2017	20/06/2017	French	PDF
Full model	31/12/2015	31/05/2016	22/06/2016	French	PDF
Full model	31/12/2014	26/05/2015	24/06/2015	French	PDF
Full model	31/12/2013	27/05/2014	10/06/2014	French	PDF
Full model	31/12/2012	28/05/2013	07/06/2013	French	PDF
Full model	31/12/2011	29/05/2012	04/06/2012	French	PDF
Full model	31/12/2010	31/05/2011	21/06/2011	French	PDF
Full model	31/12/2009	25/05/2010	04/06/2010	French	PDF
Abridged model	31/12/2008	26/05/2009	12/06/2009	French	PDF
Abridged model	31/12/2007	27/05/2008	04/06/2008	French	PDF
Abridged model	31/12/2006	29/05/2007	20/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 2 active · 19 ended

Active mandates

Carmen Haydu (ép. Houard)

Director · since 17 août 2025 · until 29 mai 2029

Active

Werner Thys

Director · since 30 septembre 2024 · until 29 mai 2029

Active

Ended mandates

Werner Thys

Director · since 30 septembre 2024 · until 22 mai 2029

Ended

Joachim Roberg-Larsen

Director · since 03 janvier 2024 · until 29 mai 2029

Ended

Peter Hermans

Director · since 30 mai 2023 · until 26 mai 2026

Ended

Martine Willant

Director · since 30 juin 2022 · until 30 mai 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/11/2025
Renouvellement du mandat du commissaire / démission et nomination d'un
PDF
Mandates15/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates18/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/01/2024
DEMISSIONS, NOMINATIONS
PDF
Other15/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates26/06/2023
DEMISSIONS, NOMINATIONS
PDF
Registered office20/01/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/07/2022
ONTSLAGEN - BENOEMINGEN
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 202561,2 k €↓
2024
Annual accounts 202462,4 k €↑
2023
Annual accounts 202358,3 k €↑
2022
Annual accounts 202254,9 k €↑
2021
Annual accounts 202153,7 k €↑
2020
Annual accounts 202052,2 k €↑
2019
Annual accounts 201948,6 k €↑
2018
Annual accounts 201847,1 k €↑
2017
Annual accounts 201741,4 k €↑
2016
Annual accounts 201639,7 k €↓
2015
Annual accounts 201541,1 k €↓
2014
Annual accounts 201443,7 k €↓
2013
Annual accounts 201344 k €↑
2012
Annual accounts 201242 k €↑
2011
Annual accounts 201140,3 k €↑
2010
Annual accounts 201039,6 k €↑
2009
Annual accounts 200918 k €↓
2008
Annual accounts 200834,5 k €↑
2006
Annual accounts 20065,5 k €
06/05/1993
IncorporationPublic 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

PHASIANUS

Overview

What does PHASIANUS do?

Trend over 19 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