ACTIVE

PROJECT PHI

Financial year 2025 · closed on 31/12/2025
Net result
43,3 k €
+52.8% YoY
Gross margin
77,9 k €
+44.4% YoY
Equity
337,2 k €
+14.7% YoY

What does PROJECT PHI do?

PROJECT PHI is a Private limited company incorporated in 2012. Its main activity is: Electrical installation. Its registered office is in Zelzate.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0849.113.947
Incorporation
24/09/2012
Legal form
Private limited company
Registered office
Parkplein 1
9060 Zelzate · FlandreSee on map
Contributed capital
3 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201820172016201520142013
Income statement
Gross margin77,9 k €53,9 k €42,0 k €56,2 k €37,0 k €53,7 k €44,6 k €36,3 k €40,1 k €33,3 k €57,3 k €
EBITDA76,9 k €53,0 k €41,0 k €55,8 k €36,4 k €53,3 k €43,9 k €35,7 k €39,3 k €32,6 k €56,0 k €
Operating result59,7 k €40,5 k €28,5 k €51,3 k €28,6 k €45,8 k €36,5 k €31,3 k €34,6 k €28,1 k €50,5 k €
Net result43,3 k €28,4 k €20,9 k €35,5 k €19,6 k €34,0 k €24,3 k €17,4 k €23,2 k €18,7 k €36,1 k €
Balance sheet
Equity337,2 k €293,9 k €282,1 k €261,1 k €225,6 k €157,3 k €132,0 k €107,7 k €90,4 k €67,2 k €48,5 k €
Total assets376,8 k €332,4 k €336,7 k €365,3 k €285,3 k €225,2 k €182,0 k €135,2 k €107,1 k €98,5 k €72,2 k €
Cash171,2 k €148,2 k €153,1 k €174,2 k €219,3 k €192,4 k €139,1 k €119,0 k €83,6 k €74,5 k €43,9 k €
Debts39,6 k €38,5 k €54,6 k €104,1 k €59,7 k €67,3 k €49,4 k €27,5 k €16,7 k €31,4 k €23,7 k €
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 · 1 active · 2 ended

Active mandates

Philip Dierick

Director

Active

Ended mandates

ANDRE DIERICK PHILIP

Director

Ended
Philip Dierick

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date31/07/202614/11/202530/07/202427/07/202324/07/202225/07/2021
General meeting30/07/202630/06/202530/06/202430/06/202326/06/202225/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/07/202631/07/2026DutchPDF
Micro model31/12/202430/06/202514/11/2025DutchPDF
Micro model31/12/202330/06/202430/07/2024DutchPDF
Micro model31/12/202230/06/202327/07/2023DutchPDF
Micro model31/12/202126/06/202224/07/2022DutchPDF
Micro model31/12/202025/06/202125/07/2021DutchPDF
Micro model31/12/201926/06/202021/07/2020DutchPDF
Micro model31/12/201828/06/201925/07/2019DutchPDF
Micro model31/12/201729/06/201804/07/2018DutchPDF
Abridged model31/12/201630/06/201728/07/2017DutchPDF
Abridged model31/12/201527/06/201612/10/2016DutchPDF
Abridged model31/12/201426/06/201505/10/2015DutchPDF
Abridged model31/12/201327/06/201419/02/2015DutchPDF
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 · 1 active · 2 ended

Active mandates

Philip Dierick

Director

Active

Ended mandates

ANDRE DIERICK PHILIP

Director

Ended
Philip Dierick

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office15/12/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other09/10/2012
    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 202543,3 k €
  2. 2024
    Annual accounts 202428,4 k €
  3. 2023
    Annual accounts 202320,9 k €
  4. 2022
    Annual accounts 202235,5 k €
  5. 2021
    Annual accounts 202119,6 k €
  6. 2018
    Annual accounts 201834,0 k €
  7. 2017
    Annual accounts 201724,3 k €
  8. 2016
    Annual accounts 201617,4 k €
  9. 2015
    Annual accounts 201523,2 k €
  10. 2014
    Annual accounts 201418,7 k €
  11. 2013
    Annual accounts 201336,1 k €
  12. 24/09/2012
    IncorporationPrivate limited company