ACTIVE

PHAR WEST

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Financial year 2025 · closed on 31/12/2025
Net result
123,3 k €
+4.9% YoY
Gross margin
220,6 k €
+4.8% YoY
Equity
903,5 k €
+15.8% YoY
Workforce
0,0 ETP

What does PHAR WEST do?

PHAR WEST is a Private limited company incorporated in 2015. Its main activity is: Activities of holding companies. Its registered office is in De Panne.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0627.814.187
Incorporation
01/04/2015
Legal form
Private limited company
Registered office
Dorpsstraat 2
8660 De Panne · FlandreSee on map
Contributed capital
150 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin220,6 k €210,5 k €203,5 k €172,9 k €129,5 k €102,5 k €147,5 k €132,6 k €123,8 k €197,7 k €
EBITDA218,4 k €208,4 k €201,4 k €171,1 k €127,7 k €100,7 k €145,8 k €131,1 k €121,7 k €193,3 k €
Operating result183,3 k €173 k €164,6 k €132,5 k €81,8 k €55,3 k €97,7 k €105,6 k €96,1 k €110,7 k €
Net result123,3 k €117,6 k €112,7 k €90,5 k €50,3 k €28,6 k €64,1 k €67,1 k €52,3 k €49,5 k €
Balance sheet
Equity903,5 k €780,2 k €662,6 k €549,9 k €459,5 k €409,2 k €380,6 k €316,5 k €249,4 k €199,5 k €
Total assets1,7 M €1,6 M €1,6 M €1,6 M €1,6 M €1,6 M €1,7 M €1,5 M €1,6 M €1,6 M €
Cash80,3 k €32,8 k €146,3 k €71,6 k €40,9 k €67,3 k €70,3 k €53,3 k €5 k €87,9 k €
Debts768,6 k €855,5 k €949,6 k €1 M €1,1 M €1,2 M €1,3 M €1,2 M €1,3 M €1,4 M €
Other
Workforce0,0 ETP0,0 ETP0,0 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 · 2 active · 5 ended

Active mandates

Monica Van Steenberghe

Director

Active
Tine Wouters

Director

Active

Ended mandates

Monica Van Steenberghe

Director · since 01 avril 2015

Ended
Tine Wouters

Director · since 01 avril 2015

Ended
Monica Van Steenberghe

Mandate

Ended
Monica Vansteenberghe

Manager

Ended
At this address

Other companies at this address

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AUDOPHARMA● Active
0422.153.995
Groep De Medicijnnatie● Active
0728.471.384
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/07/202616/06/202511/06/202412/06/202321/06/202225/06/2021
General meeting27/06/202631/05/202525/05/202427/05/202328/05/202229/05/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/06/202609/07/2026DutchPDF
Abridged model31/12/202431/05/202516/06/2025DutchPDF
Abridged model31/12/202325/05/202411/06/2024DutchPDF
Abridged model31/12/202227/05/202312/06/2023DutchPDF
Abridged model31/12/202128/05/202221/06/2022DutchPDF
Abridged model31/12/202029/05/202125/06/2021DutchPDF
Abridged model31/12/201930/05/202030/06/2020DutchPDF
Abridged model31/12/201825/05/201912/06/2019DutchPDF
Abridged model31/12/201726/05/201831/05/2018DutchPDF
Abridged model31/12/201627/05/201730/06/2017DutchPDF
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 · 2 active · 5 ended

Active mandates

Monica Van Steenberghe

Director

Active
Tine Wouters

Director

Active

Ended mandates

Monica Van Steenberghe

Director · since 01 avril 2015

Ended
Tine Wouters

Director · since 01 avril 2015

Ended
Monica Van Steenberghe

Mandate

Ended
Monica Vansteenberghe

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/02/2023
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/06/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other03/04/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025123,3 k €↑
  2. 2024
    Annual accounts 2024117,6 k €↑
  3. 2023
    Annual accounts 2023112,7 k €↑
  4. 2022
    Annual accounts 202290,5 k €↑
  5. 2021
    Annual accounts 202150,3 k €↑
  6. 2020
    Annual accounts 202028,6 k €↓
  7. 2019
    Annual accounts 201964,1 k €↓
  8. 2018
    Annual accounts 201867,1 k €↑
  9. 2017
    Annual accounts 201752,3 k €↑
  10. 2016
    Annual accounts 201649,5 k €
  11. 01/04/2015
    IncorporationPrivate limited company