ACTIVE

PHD CONSULT

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Financial year 2025 · closed on 31/12/2025

Net result

124,6 k €

-12.4% YoY

Gross margin

177 k €

-20.3% YoY

Equity

365,1 k €

-46.0% YoY

What does PHD CONSULT do?

PHD CONSULT is a Private limited company incorporated in 1999. Its main activity is: Management consultancy activities. Its registered office is in Meise.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0465.582.479

Incorporation

08/03/1999

Legal form

Private limited company

Registered office

Mechelbaan 31
1860 Meise · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	177 k €	-20.3%	222,2 k €	+159%	85,7 k €	+17.7%	72,8 k €	-35.4%	112,7 k €	-29.8%	160,5 k €	-41.3%	273,1 k €	+66.0%	164,5 k €	-23.0%	213,7 k €	+24.2%	172,1 k €	-22.1%	220,9 k €	+23.6%	178,8 k €	-24.7%	237,3 k €	+30.7%	181,6 k €	-11.8%	205,8 k €	+45.4%	141,5 k €	-43.0%	248,4 k €
EBITDA	174,3 k €	-20.3%	218,6 k €	+159%	84,6 k €	+18.1%	71,6 k €	-35.9%	111,6 k €	-29.3%	157,9 k €	-40.9%	267,1 k €	+69.5%	157,6 k €	-24.2%	207,9 k €	+24.8%	166,6 k €	-21.6%	212,4 k €	+21.7%	174,5 k €	-21.1%	221,2 k €	+47.0%	150,5 k €	-12.4%	171,9 k €	+91.9%	89,5 k €	-52.0%	186,7 k €
Operating result	168,2 k €	-21.4%	213,8 k €	+189%	73,9 k €	+20.8%	61,2 k €	-42.0%	105,5 k €	-24.0%	138,8 k €	-45.0%	252,6 k €	+84.2%	137,1 k €	-14.0%	159,4 k €	+35.8%	117,4 k €	-24.7%	155,9 k €	+55.6%	100,2 k €	-32.6%	148,8 k €	+39.1%	107 k €	-14.7%	125,3 k €	+161%	48 k €	-60.5%	121,6 k €
Net result	124,6 k €	-12.4%	142,2 k €	+204%	46,8 k €	+56.2%	30 k €	-53.0%	63,7 k €	-18.8%	78,4 k €	-41.9%	134,9 k €	+50.5%	89,7 k €	+6.8%	84 k €	+13.6%	73,9 k €	-16.4%	88,4 k €	+94.7%	45,4 k €	+222%	14,1 k €	-96.2%	371,6 k €	-4.5%	389,1 k €	+915%	38,3 k €	-46.6%	71,8 k €
Balance sheet
Equity	365,1 k €	-46.0%	676,1 k €	+10.5%	611,8 k €	-12.5%	699,1 k €	-7.8%	758,1 k €	+87.5%	404,4 k €	-47.9%	776 k €	+21.0%	641 k €	-4.1%	668,4 k €	+14.4%	584,4 k €	-6.3%	623,5 k €	+16.5%	535,1 k €	+9.3%	489,7 k €	-46.6%	916,8 k €	+10.8%	827,5 k €	+88.7%	438,5 k €	+8.9%	402,6 k €
Total assets	519,5 k €	-36.4%	817,1 k €	+10.8%	737,7 k €	-14.7%	864,5 k €	-11.3%	974,5 k €	+32.1%	737,8 k €	-34.2%	1,1 M €	-4.6%	1,2 M €	+4.6%	1,1 M €	-2.2%	1,1 M €	+5.6%	1,1 M €	-6.5%	1,2 M €	-14.7%	1,4 M €	-4.6%	1,4 M €	+8.1%	1,3 M €	+29.9%	1 M €	+19.6%	851,9 k €
Cash	55,4 k €	+5957448%	0,9 €	-100.0%	8,6 k €	-94.4%	152,8 k €	-14.4%	178,4 k €	+3042%	5,7 k €	-96.6%	164,8 k €	-24.5%	218,1 k €	+1063%	18,8 k €	-59.8%	46,6 k €	-46.3%	86,8 k €	-69.0%	279,9 k €	-49.4%	553,5 k €	-10.5%	618,6 k €	+97.2%	313,7 k €	+180%	112 k €	+17.7%	95,1 k €
Debts	152,7 k €	+8.3%	141 k €	+12.1%	125,8 k €	-23.6%	164,6 k €	-23.9%	216,4 k €	-35.1%	333,4 k €	-3.4%	345 k €	-34.4%	526,1 k €	+17.8%	446,8 k €	-19.6%	555,9 k €	+21.8%	456,4 k €	-24.6%	605,5 k €	-28.9%	851,5 k €	+74.0%	489,4 k €	-1.3%	495,9 k €	-14.6%	580,4 k €	+29.2%	449,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,5 ETP	-50.0%	1,0 ETP	-23.1%	1,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

PHILIP D'HOOGE

Director · since 01 avril 1999

Active

Ended mandates

ELISABETH VAN DEN HENDE

Director · since 01 octobre 2021

Ended

PHILIP D'HOOGE

Manager · since 01 avril 1999

Ended

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	29/05/2026	24/07/2025	23/05/2024	29/06/2023	17/06/2022	25/06/2021
General meeting	29/05/2026	13/06/2025	07/05/2024	09/06/2023	10/06/2022	11/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	29/05/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	24/07/2025	Dutch	PDF
Abridged model	31/12/2023	07/05/2024	23/05/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	17/06/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	13/07/2018	Dutch	PDF
Abridged model	30/06/2016	30/11/2016	31/01/2017	Dutch	PDF
Abridged model	30/06/2015	25/11/2015	29/01/2016	Dutch	PDF
Abridged model	30/06/2014	26/11/2014	12/02/2015	Dutch	PDF
Abridged model	30/06/2013	27/11/2013	28/02/2014	Dutch	PDF
Abridged model	30/06/2012	28/11/2012	25/02/2013	Dutch	PDF
Abridged model	30/06/2011	31/10/2011	29/02/2012	Dutch	PDF
Abridged model	30/06/2010	24/11/2010	15/02/2011	Dutch	PDF
Abridged model	30/06/2009	25/11/2009	16/02/2010	Dutch	PDF
Abridged model	30/06/2008	26/11/2008	27/02/2009	Dutch	PDF
Abridged model	30/06/2007	28/11/2007	22/04/2008	Dutch	PDF
Abridged model	30/06/2006	29/11/2006	31/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 2 ended

Active mandates

PHILIP D'HOOGE

Director · since 01 avril 1999

Active

Ended mandates

ELISABETH VAN DEN HENDE

Director · since 01 octobre 2021

Ended

PHILIP D'HOOGE

Manager · since 01 avril 1999

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/04/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/08/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Other17/07/2017
ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares01/07/2014
KAPITAAL - AANDELEN - 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

2025
Annual accounts 2025124,6 k €↓
2024
Annual accounts 2024142,2 k €↑
2023
Annual accounts 202346,8 k €↑
2022
Annual accounts 202230 k €↓
2021
Annual accounts 202163,7 k €↓
2018
Annual accounts 201878,4 k €↓
2017
Annual accounts 2017134,9 k €↑
2016
Annual accounts 201689,7 k €↑
2015
Annual accounts 201584 k €↑
2014
Annual accounts 201473,9 k €↓
2013
Annual accounts 201388,4 k €↑
2012
Annual accounts 201245,4 k €↑
2011
Annual accounts 201114,1 k €↓
2010
Annual accounts 2010371,6 k €↓
2009
Annual accounts 2009389,1 k €↑
2008
Annual accounts 200838,3 k €↓
2007
Annual accounts 200771,8 k €
08/03/1999
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

PHD CONSULT

Overview

What does PHD CONSULT do?

Trend over 17 financial years

Indicative valuation

Board of directors

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