ACTIVE

PHYTOSYSTEM

Financial year 2024 · closed on 31/12/2024
Net result
263,3 k €
-10.0% YoY
Gross margin
544,1 k €
-5.8% YoY
Equity
1,1 M €
+31.3% YoY
Workforce
1,1 ETP
+10.0% YoY

What does PHYTOSYSTEM do?

PHYTOSYSTEM is a Private limited company incorporated in 2021. Its registered office is in Kortrijk. It employs on average 1,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0774.745.631
Incorporation
29/09/2021
Legal form
Private limited company
Registered office
Heuleplaats(Heu) 5
8501 Kortrijk · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2024
Average workforce
1,1 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202420232022
Income statement
Gross margin544,1 k €577,4 k €617,6 k €
EBITDA449,6 k €511,4 k €499,6 k €
Operating result403,9 k €469,1 k €423,6 k €
Net result263,3 k €292,5 k €297,5 k €
Balance sheet
Equity1,1 M €840 k €547,5 k €
Total assets3,5 M €1,9 M €2,6 M €
Cash43,1 k €149,7 k €214,7 k €
Debts2,3 M €1 M €2,1 M €
Other
Workforce1,1 ETP1,0 ETP1,6 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 31/12/2024 · 5 active · 8 ended

Active mandates

DEMAGRI

Director · since 30 juin 2024 · until 18 juin 2027 · 0862.720.473

Represented by Edwin Mahieu

Active
Dirk Froidmont

Director · since 30 juin 2024 · until 18 juin 2027

Active
FIRME - DOCK - MOULIN

Director · since 30 juin 2024 · until 18 juin 2027 · 0415.678.058

Represented by Paul Vanvinckenroye

Active
FYTO SERVICE DMT

Director · since 30 juin 2024 · until 18 juin 2027 · 0887.643.238

Represented by Emanuel De Meuleneire

Active
URQUS

Director · since 30 juin 2024 · until 18 juin 2027 · 0894.493.121

Represented by Steve Vandenberghe

Active

Ended mandates

Dirk Froidmont

Director · since 07 septembre 2023 · until 30 juin 2024

Ended
CAPPELLE

Director · since 27 septembre 2021 · until 07 septembre 2023 · 0433.536.253

Represented by Joren Cappelle

Ended
CAPPELLE

Director · since 27 septembre 2021 · until 20 juin 2025 · 0433.536.253

Represented by Joren Cappelle

Ended
DEMAGRI

Director · since 27 septembre 2021 · until 20 juin 2025 · 0862.720.473

Represented by Edwin Mahieu

Ended
At this address

Other companies at this address

CompanyCBE no.
0769.255.134
ConsiviaActive
0798.522.014
PAXUSActive
1029.770.014
Annual accounts

Full financial information

202420232022
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202327/09/2021
Closing of the financial year31/12/202431/12/202331/12/2022
Length of the financial year12 months12 months16 months
Filing date29/07/202531/08/202430/08/2023
General meeting30/06/202530/06/202430/06/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202529/07/2025DutchPDF
Abridged model31/12/202330/06/202431/08/2024DutchPDF
Abridged model31/12/202230/06/202330/08/2023DutchPDF
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 31/12/2024 · 5 active · 8 ended

Active mandates

DEMAGRI

Director · since 30 juin 2024 · until 18 juin 2027 · 0862.720.473

Represented by Edwin Mahieu

Active
Dirk Froidmont

Director · since 30 juin 2024 · until 18 juin 2027

Active
FIRME - DOCK - MOULIN

Director · since 30 juin 2024 · until 18 juin 2027 · 0415.678.058

Represented by Paul Vanvinckenroye

Active
FYTO SERVICE DMT

Director · since 30 juin 2024 · until 18 juin 2027 · 0887.643.238

Represented by Emanuel De Meuleneire

Active
URQUS

Director · since 30 juin 2024 · until 18 juin 2027 · 0894.493.121

Represented by Steve Vandenberghe

Active

Ended mandates

Dirk Froidmont

Director · since 07 septembre 2023 · until 30 juin 2024

Ended
CAPPELLE

Director · since 27 septembre 2021 · until 07 septembre 2023 · 0433.536.253

Represented by Joren Cappelle

Ended
CAPPELLE

Director · since 27 septembre 2021 · until 20 juin 2025 · 0433.536.253

Represented by Joren Cappelle

Ended
DEMAGRI

Director · since 27 septembre 2021 · until 20 juin 2025 · 0862.720.473

Represented by Edwin Mahieu

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates02/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/12/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/10/2021
    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. 2024
    Annual accounts 2024263,3 k €
  2. 2023
    Annual accounts 2023292,5 k €
  3. 2022
    Annual accounts 2022297,5 k €
  4. 29/09/2021
    IncorporationPrivate limited company