ACTIVE

PHSE Belgium

Financial year 2025 · Closed on 31/12/2025

Net result87,1 k €-14,7 %over 1 year

Gross margin718 k €+9,2 %over 1 year

Equity114,1 k €+322,7 %over 1 year

Identity

Source · BCE/KBO

PHSE Belgium is a Private limited company incorporated in 2007. Its main activity is: Freight transport by road. Its registered office is in Herstal.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0887.339.865
Incorporation: 19/02/2007
Legal form: Private limited company
Registered office: Rue de Hermée 255
4040 Herstal · WallonieSee on map
Contributed capital: 100 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities

Joint committees (2)

14003
226

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	718 k €	+9.2%	657,6 k €	+103%	324,7 k €	-0.8%	327,4 k €	+36.9%	239,2 k €
EBITDA	195,1 k €	+4.1%	187,5 k €	+327%	-82,5 k €	-178%	105,6 k €	+114%	49,5 k €
Operating result	133,8 k €	+7.4%	124,6 k €	+189%	-139,6 k €	-283%	76,1 k €	+141%	31,6 k €
Net result	87,1 k €	-14.7%	102,1 k €	+169%	-147,1 k €	-340%	61,3 k €	+163%	23,3 k €
Balance sheet
Equity	114,1 k €	+323%	27 k €	+136%	-75,1 k €	-204%	72 k €	+576%	10,6 k €
Total assets	559,2 k €	+15.5%	484,3 k €	-4.3%	505,9 k €	+30.8%	386,9 k €	+53.6%	252 k €
Cash	40,9 k €	+1055%	3,5 k €	-67.1%	10,8 k €	-74.8%	42,8 k €	+13.2%	37,8 k €
Debts	410,1 k €	-10.3%	457,3 k €	-21.3%	581,1 k €	+84.5%	315 k €	+30.5%	241,3 k €
Other
Workforce	–		8,3 ETP		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Fabio MIOLI	Directorsince 29/01/2025
Fedele DE VITA	Directorsince 29/01/2025
Inglis GRAHAM	Directorsince 29/01/2025
Andrea Demeulenaere	Director27/09/2019 → 18/05/2026
Hans Van De Maele	Directorsince 15/02/2021Manager2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philip Brys	Manager12/02/2007 → 2011 accounts
Wim Brys	Manager12/02/2007 → 2014 accounts
Guy Ruthy	Directoruntil 31/07/2019Manager2018 accounts

Other companies at this address

Rue de Hermée 255 4040 Herstal

Company	CBE no.
BALKAT● Bankrupt	0808.929.322
NET SERVICES● Bankrupt	0894.527.664
Olivia Garden● Active	0407.321.014
TELIX INNOVATIONS● Active	0627.636.718
Triangle solutions RH construction● Active	0695.507.519
World Union Karaté Do Fédération Belgium● Active	0444.985.916
WORLD UNION OF KARATE DO FEDERATIONS● Active	0546.905.004

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro 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	26/06/2026	23/06/2025	01/10/2024	21/06/2023	24/06/2022	23/08/2021
General meeting	18/05/2026	28/05/2025	01/09/2024	07/06/2023	01/06/2022	30/06/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/05/2026	26/06/2026	French	PDF
Abridged model	31/12/2024	28/05/2025	23/06/2025	French	PDF
Micro model	31/12/2023	01/09/2024	01/10/2024	French	PDF
Micro model	31/12/2022	07/06/2023	21/06/2023	French	PDF
Micro model	31/12/2021	01/06/2022	24/06/2022	French	PDF
Micro model	31/12/2020	30/06/2021	23/08/2021	French	PDF
Micro model	31/12/2019	30/06/2020	31/07/2020	French	PDF
Micro model	31/12/2018	30/06/2019	12/08/2019	French	PDF
Micro model	31/12/2017	06/06/2018	30/07/2018	Dutch	PDF
Abridged model	31/12/2016	07/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	25/07/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	23/06/2009	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Fabio MIOLI	Directorsince 29/01/2025
Fedele DE VITA	Directorsince 29/01/2025
Inglis GRAHAM	Directorsince 29/01/2025
Andrea Demeulenaere	Director27/09/2019 → 18/05/2026
Hans Van De Maele	Directorsince 15/02/2021Manager2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philip Brys	Manager12/02/2007 → 2011 accounts
Wim Brys	Manager12/02/2007 → 2014 accounts
Guy Ruthy	Directoruntil 31/07/2019Manager2018 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/03/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Other14/03/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates25/02/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates01/03/2021
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Registered office20/11/2020
SIEGE SOCIAL
PDF
Mandates13/11/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates05/09/2018
BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/09/2018
DENOMINATION - SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Andrea DEMEULENAERE

Fedele DE VITA

Inglis GRAHAM

Hans VAN DE MAELE

Fabio MIOLI

Wim Brys

Philip Brys

Guy Ruthy

20072008200920102011201220132014201520162017201820192020202120222023202420252026

PHSE BelgiumWORLD INFINITY SERVICESBP-INTERNATIONAL

Rue de Hermée 255, 4040 Herstal

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de Hermée 255, 4040 HerstalCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00204294

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
PHSE BelgiumCurrent	accounts 2025	Accounts 2025 · 2026-00204294
WORLD INFINITY SERVICES	accounts 2018 → 2024	Accounts 2024 · 2025-00164781
BP-INTERNATIONAL	accounts 2008 → 2017	Accounts 2017 · 2018-40000022

Events

2025
Annual accounts 202587,1 k €↓
2025
Name changePHSE Belgium
2024
Annual accounts 2024102,1 k €↑
2023
Annual accounts 2023-147,1 k €↓
2022
Annual accounts 202261,3 k €↑
2021
Annual accounts 202123,3 k €↑
2020
Annual accounts 20201 k €↑
2019
Annual accounts 2019-64,3 k €↓
2018
Annual accounts 2018-39,8 k €↓
2018
Name changeWORLD INFINITY SERVICES
2017
Annual accounts 2017-2 k €↑
2016
Annual accounts 2016-5,9 k €↑
2015
Annual accounts 2015-10,4 k €↓
2014
Annual accounts 2014-4,9 k €↓
2013
Annual accounts 201313,6 k €↓
2012
Annual accounts 201256,2 k €↑
2011
Annual accounts 20111,4 k €↑
2010
Annual accounts 2010-28,1 k €↓
2009
Annual accounts 200922,3 k €↑
2008
Annual accounts 2008-51,8 k €
19/02/2007
IncorporationPrivate limited company

PHSE Belgium

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events