ACTIVE

Ed. Proj. Phi

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Financial year 2025 · closed on 31/12/2025

Net result

286,8 k €

+458.2% YoY

Revenue

1,6 M €

+18.9% YoY

Equity

1,1 M €

+3.4% YoY

What does Ed. Proj. Phi do?

Ed. Proj. Phi is a Public limited company incorporated in 2009. Its main activity is: Production of electricity. Its registered office is in Heusden-Zolder.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0816.861.348

Incorporation

07/07/2009

Legal form

Public limited company

Registered office

De Lange Beemden 14.1
3550 Heusden-Zolder · FlandreSee on map

Contributed capital

350 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

35110Production of electricity· main 35110Production of electricity

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Revenue	1,6 M €	+18.9%	1,3 M €	-25.7%	1,8 M €	+3.4%	1,7 M €	+11.5%	1,6 M €	-2.7%	1,6 M €	+1.0%	1,6 M €	-5.1%	1,7 M €	+9.8%	1,5 M €	+53.6%	994 k €	+89.1%	525,7 k €		–		–		–		–		–
EBITDA	1,2 M €	+33.0%	893,3 k €	-33.9%	1,4 M €	+2.1%	1,3 M €	+20.6%	1,1 M €	-14.5%	1,3 M €	+7.5%	1,2 M €	-21.1%	1,5 M €	+12.2%	1,3 M €	+60.6%	840 k €	+71.0%	491,1 k €	+15.4%	425,5 k €	-1.8%	433,1 k €	-3.9%	450,7 k €	+5.5%	427,1 k €	+166%	160,9 k €
Operating result	463,7 k €	+122%	208,7 k €	-68.7%	665,8 k €	+4.4%	638 k €	+54.8%	412,3 k €	-31.0%	597,1 k €	+18.0%	506 k €	-38.7%	825,2 k €	+20.6%	684,1 k €	+70.4%	401,5 k €	+45.0%	277 k €	+31.1%	211,3 k €	-3.5%	219 k €	-7.5%	236,6 k €	+11.1%	212,9 k €	+445%	-61,7 k €
Net result	286,8 k €	+458%	51,4 k €	-86.6%	382,4 k €	+7.6%	355,4 k €	+109%	169,7 k €	-25.7%	228,4 k €	+30.6%	174,8 k €	-62.9%	471,3 k €	+86.2%	253,1 k €	+227%	77,4 k €	+15.3%	67,2 k €	+1114%	-6,6 k €	+13.7%	-7,7 k €	-601%	1,5 k €	+102%	-89,4 k €	+56.5%	-205,3 k €
Balance sheet
Equity	1,1 M €	+3.4%	1,1 M €	+5.0%	1 M €	+3.3%	988,3 k €	+5.9%	932,9 k €	+22.2%	763,2 k €	+3.9%	734,8 k €	+0.7%	730 k €	+65.9%	440,1 k €	+135%	187,1 k €	+70.6%	109,7 k €	+158%	42,5 k €	-13.5%	49,1 k €	-13.5%	56,8 k €	+2.8%	55,3 k €	-61.8%	144,7 k €
Total assets	4 M €	-15.3%	4,7 M €	-17.7%	5,7 M €	-10.3%	6,3 M €	-8.6%	6,9 M €	-11.5%	7,8 M €	-9.4%	8,6 M €	+2.9%	8,4 M €	-2.2%	8,6 M €	-8.3%	9,3 M €	+176%	3,4 M €	-5.4%	3,6 M €	-3.7%	3,7 M €	-6.7%	4 M €	-2.4%	4,1 M €	-4.5%	4,3 M €
Cash	567,6 k €	-21.0%	718,7 k €	-5.8%	762,8 k €	+24.6%	612,4 k €	+5.1%	582,5 k €	-33.8%	879,9 k €	+31.7%	668,2 k €	-6.9%	718,1 k €	+44.8%	496 k €	+6.4%	466,2 k €	+15.7%	403,1 k €	+9.8%	367,1 k €	+13.0%	325 k €	-12.5%	371,4 k €	+180%	132,7 k €	+13175%	999,8 €
Debts	2,8 M €	-21.3%	3,5 M €	-23.0%	4,6 M €	-13.0%	5,3 M €	-10.8%	5,9 M €	-15.3%	7 M €	-10.9%	7,8 M €	+3.3%	7,6 M €	-5.9%	8,1 M €	-11.4%	9,1 M €	+182%	3,2 M €	-7.5%	3,5 M €	-4.0%	3,6 M €	-7.0%	3,9 M €	-2.8%	4 M €	-2.7%	4,1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 39 ended

Active mandates

PATRONALE LIFE

Chairman of the board of directors · since 06 juin 2023 · until 27 avril 2028 · 0415.120.705

Represented by Filip MOEYKENS

Active

ENERGY SOLUTIONS GROUP

Managing director · since 27 avril 2023 · until 27 avril 2028 · 0643.473.155

Represented by Bert CREEMERS

Active

RENTFIN

Director · since 27 avril 2023 · until 27 avril 2028 · 0787.966.929

Represented by Peggy RENTMEESTERS

Active

Ended mandates

Bert CREEMERS

Director · since 30 mars 2020 · until 27 avril 2023

Ended

Bert CREEMERS

Director · since 30 mars 2020 · until 23 avril 2026

Ended

Diederik BAETE

Director · since 30 mars 2020 · until 27 avril 2023

Ended

Diederik BAETE

Director · since 30 mars 2020 · until 23 avril 2026

Ended

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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	21/05/2026	16/05/2025	23/05/2024	22/05/2023	12/07/2022	07/06/2021
General meeting	27/04/2026	09/05/2025	03/05/2024	27/04/2023	28/04/2022	07/05/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/04/2026	21/05/2026	Dutch	PDF
Abridged model	31/12/2024	09/05/2025	16/05/2025	Dutch	PDF
Abridged model	31/12/2023	03/05/2024	23/05/2024	Dutch	PDF
Abridged model	31/12/2022	27/04/2023	22/05/2023	Dutch	PDF
Abridged model	31/12/2021	28/04/2022	12/07/2022	Dutch	PDF
Abridged model	31/12/2020	07/05/2021	07/06/2021	Dutch	PDF
Abridged model	31/12/2019	28/05/2020	08/06/2020	Dutch	PDF
Abridged model	31/12/2018	17/05/2019	05/08/2019	Dutch	PDF
Abridged model	31/12/2017	26/04/2018	12/06/2018	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	20/06/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	12/07/2016	Dutch	PDF
Abridged model	31/12/2014	17/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	27/05/2014	10/06/2014	Dutch	PDF
Abridged model	31/12/2012	28/05/2013	12/06/2013	Dutch	PDF
Abridged model	31/12/2011	26/07/2012	27/07/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	21/06/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 3 active · 39 ended

Active mandates

PATRONALE LIFE

Chairman of the board of directors · since 06 juin 2023 · until 27 avril 2028 · 0415.120.705

Represented by Filip MOEYKENS

Active

ENERGY SOLUTIONS GROUP

Managing director · since 27 avril 2023 · until 27 avril 2028 · 0643.473.155

Represented by Bert CREEMERS

Active

RENTFIN

Director · since 27 avril 2023 · until 27 avril 2028 · 0787.966.929

Represented by Peggy RENTMEESTERS

Active

Ended mandates

Bert CREEMERS

Director · since 30 mars 2020 · until 27 avril 2023

Ended

Bert CREEMERS

Director · since 30 mars 2020 · until 23 avril 2026

Ended

Diederik BAETE

Director · since 30 mars 2020 · until 27 avril 2023

Ended

Diederik BAETE

Director · since 30 mars 2020 · until 23 avril 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/12/2021
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/05/2020
DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other23/05/2016
BENAMING - 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 2025286,8 k €↑
2024
Annual accounts 202451,4 k €↓
2023
Annual accounts 2023382,4 k €↑
2022
Annual accounts 2022355,4 k €↑
2021
Annual accounts 2021169,7 k €↓
2020
Annual accounts 2020228,4 k €↑
2019
Annual accounts 2019174,8 k €↓
2018
Annual accounts 2018471,3 k €↑
2017
Annual accounts 2017253,1 k €↑
2016
Annual accounts 201677,4 k €↑
2015
Annual accounts 201567,2 k €↑
2014
Annual accounts 2014-6,6 k €↑
2013
Annual accounts 2013-7,7 k €↓
2012
Annual accounts 20121,5 k €↑
2011
Annual accounts 2011-89,4 k €↑
2010
Annual accounts 2010-205,3 k €
07/07/2009
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

Ed. Proj. Phi

Overview

What does Ed. Proj. Phi do?

Trend over 16 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