ACTIVE

PHIBA

Financial year 2025 · closed on 31/12/2025
Net result
-365,8 k €
-118.9% YoY
Revenue
230,4 k €
-92.8% YoY
Equity
35,2 k €
-91.2% YoY
Workforce
2,9 ETP
-14.7% YoY

What does PHIBA do?

PHIBA is a Public limited company incorporated in 1993. Its main activity is: Raising of horses and other equines. Its registered office is in Menen. It employs on average 2,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0450.697.929
Incorporation
09/08/1993
Legal form
Public limited company
Registered office
Kortrijkstraat 220-224
8930 Menen · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
2,9 ETP
Joint committees (3)
  • 144
  • 200
  • 302
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue230,4 k €3,2 M €4,1 M €3,3 M €3,4 M €5 M €2 M €120,6 k €22,5 k €40 k €
EBITDA-348,1 k €2 M €3,2 M €2,4 M €2,6 M €4,4 M €138,2 k €499 k €-720,1 k €-77,8 k €-16,3 k €-1,6 k €37,9 k €4 k €3,6 k €4 k €4 k €3,9 k €3,7 k €3,4 k €
Operating result-375,7 k €1,9 M €3,1 M €2,2 M €2,4 M €4,3 M €34,2 k €461 k €-740,1 k €-77,8 k €-16,3 k €-1,6 k €37,9 k €4 k €3,6 k €4 k €4 k €3,9 k €3,7 k €3,4 k €
Net result-365,8 k €1,9 M €3,2 M €12,7 M €2,3 M €4,2 M €-45,4 k €347,5 k €-788,8 k €-106,3 k €-30,6 k €-15,6 k €17,4 k €3,9 k €3,5 k €3,9 k €3,9 k €3,8 k €2,9 k €3,1 k €
Balance sheet
Equity35,2 k €401 k €399,3 k €398,2 k €82,9 k €70,4 k €-483,2 k €-437,8 k €-785,3 k €3,5 k €109,8 k €140,4 k €155,9 k €138,6 k €134,6 k €131,1 k €127,2 k €123,4 k €119,5 k €116,7 k €
Total assets8,4 M €8,4 M €6 M €23,9 M €10,9 M €8,1 M €3,3 M €3,4 M €1,6 M €880,4 k €588,8 k €454,2 k €453,8 k €449,1 k €448,9 k €448,7 k €450,4 k €451,4 k €453,1 k €450 k €
Cash46,6 k €43,4 k €9,6 k €18,7 k €17,6 k €5,9 k €7,2 k €47,6 k €97,2 k €2,2 k €11,7 k €5,5 k €5,2 k €425,6 €286,5 €17,9 €1,8 k €2,7 k €4,4 k €612,7 €
Debts8,2 M €7,9 M €5,4 M €23,1 M €10,3 M €7,9 M €3,5 M €3,6 M €2,3 M €818,7 k €444,3 k €293,1 k €290,7 k €310,5 k €314,3 k €317,5 k €323,2 k €328,1 k €333,5 k €333,3 k €
Other
Workforce2,9 ETP3,4 ETP4,1 ETP3,4 ETP4,1 ETP4,4 ETP3,0 ETP7,7 ETP2,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 36 ended

Active mandates

SENIORIE MINNEVELD

Director · since 01 juillet 2023 · until 06 juin 2031 · 0840.544.095

Represented by Daniël Beyens

Active
Bo Fievez

Director · since 02 janvier 2022 · until 06 juin 2031

Active
HELIOPOLIS

Director · since 22 mars 2017 · until 06 juin 2031 · 0870.230.352

Represented by Sven Beyens

Active
JUVENTAS ET ASSOCIES

Director · since 22 mars 2017 · until 06 juin 2031 · 0430.931.507

Represented by Gaënne Trui Fievez

Active
BEHEER FIEBEY

Director · since 01 octobre 2013 · until 06 juin 2031 · 0471.841.058

Represented by Thierry Fievez

Active
GABO

Director · since 01 octobre 2013 · until 06 juin 2031 · 0877.992.827

Represented by Trui Beyens

Active
HELIOS

Director · since 01 octobre 2013 · until 06 juin 2031 · 0885.548.236

Represented by Jurgen Beyens

Active

Ended mandates

SENIORIE MINNEVELD

Director · since 01 juillet 2023 · until 01 juillet 2029 · 0840.544.095

Represented by Daniël BEYENS

Ended
SENIORIE MINNEVELD

Director · since 01 juillet 2023 · until 06 juin 2031 · 0840.544.095

Represented by Daniël Beyens

Ended
SENIORIE MINNEVELD

Managing director · since 01 juillet 2023 · 0840.544.095

Represented by Daniël Beyens

Ended
BO FIEVEZ

Director · since 02 février 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
0439.792.258
Annual accounts

Full financial information

202520252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/07/202501/07/202401/07/202301/07/202201/07/202101/07/2020
Closing of the financial year31/12/202530/06/202530/06/202430/06/202330/06/202230/06/2021
Length of the financial year6 months12 months12 months12 months12 months12 months
Filing date27/07/202616/02/202604/02/202531/01/202430/01/202331/01/2022
General meeting05/06/202628/11/202529/11/202424/11/202325/11/202226/11/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202627/07/2026DutchPDF
Full model30/06/202528/11/202516/02/2026DutchPDF
Full model30/06/202429/11/202404/02/2025DutchPDF
Full model30/06/202324/11/202331/01/2024DutchPDF
Full model30/06/202225/11/202230/01/2023DutchPDF
Full model30/06/202126/11/202131/01/2022DutchPDF
Abridged model30/06/202027/11/202028/01/2021DutchPDF
Abridged model30/06/201929/11/201930/01/2020DutchPDF
Full model30/06/201830/11/201828/01/2019DutchPDF
Full model30/06/201724/11/201730/01/2018DutchPDF
Full model30/06/201625/11/201627/01/2017DutchPDF
Full model30/06/201527/11/201517/12/2015DutchPDF
Full model30/06/201428/11/201419/12/2014DutchPDF
Abridged model30/06/201329/11/201313/12/2013DutchPDF
Abridged model30/06/201230/11/201211/02/2013DutchPDF
Abridged model30/06/201125/11/201121/12/2011DutchPDF
Abridged model30/06/201026/11/201010/02/2011DutchPDF
Abridged model30/06/200927/11/200911/01/2010DutchPDF
Abridged model30/06/200828/11/200805/01/2009DutchPDF
Abridged model30/06/200730/11/200718/12/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 7 active · 36 ended

Active mandates

SENIORIE MINNEVELD

Director · since 01 juillet 2023 · until 06 juin 2031 · 0840.544.095

Represented by Daniël Beyens

Active
Bo Fievez

Director · since 02 janvier 2022 · until 06 juin 2031

Active
HELIOPOLIS

Director · since 22 mars 2017 · until 06 juin 2031 · 0870.230.352

Represented by Sven Beyens

Active
JUVENTAS ET ASSOCIES

Director · since 22 mars 2017 · until 06 juin 2031 · 0430.931.507

Represented by Gaënne Trui Fievez

Active
BEHEER FIEBEY

Director · since 01 octobre 2013 · until 06 juin 2031 · 0471.841.058

Represented by Thierry Fievez

Active
GABO

Director · since 01 octobre 2013 · until 06 juin 2031 · 0877.992.827

Represented by Trui Beyens

Active
HELIOS

Director · since 01 octobre 2013 · until 06 juin 2031 · 0885.548.236

Represented by Jurgen Beyens

Active

Ended mandates

SENIORIE MINNEVELD

Director · since 01 juillet 2023 · until 01 juillet 2029 · 0840.544.095

Represented by Daniël BEYENS

Ended
SENIORIE MINNEVELD

Director · since 01 juillet 2023 · until 06 juin 2031 · 0840.544.095

Represented by Daniël Beyens

Ended
SENIORIE MINNEVELD

Managing director · since 01 juillet 2023 · 0840.544.095

Represented by Daniël Beyens

Ended
BO FIEVEZ

Director · since 02 février 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other05/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates02/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/04/2017
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/10/2015
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2025
    Annual accounts 2025-365,8 k €
  2. 2025
    Annual accounts 20251,9 M €
  3. 2024
    Annual accounts 20243,2 M €
  4. 2023
    Annual accounts 202312,7 M €
  5. 2022
    Annual accounts 20222,3 M €
  6. 2021
    Annual accounts 20214,2 M €
  7. 2020
    Annual accounts 2020-45,4 k €
  8. 2019
    Annual accounts 2019347,5 k €
  9. 2018
    Annual accounts 2018-788,8 k €
  10. 2017
    Annual accounts 2017-106,3 k €
  11. 2016
    Annual accounts 2016-30,6 k €
  12. 2015
    Annual accounts 2015-15,6 k €
  13. 2014
    Annual accounts 201417,4 k €
  14. 2013
    Annual accounts 20133,9 k €
  15. 2012
    Annual accounts 20123,5 k €
  16. 2011
    Annual accounts 20113,9 k €
  17. 2010
    Annual accounts 20103,9 k €
  18. 2009
    Annual accounts 20093,8 k €
  19. 2008
    Annual accounts 20082,9 k €
  20. 2007
    Annual accounts 20073,1 k €
  21. 09/08/1993
    IncorporationPublic limited company