ACTIVE

phiRED

Financial year 2025 · closed on 30/09/2025
Net result
4,5 k €
-97.2% YoY
Gross margin
113,5 k €
-28.7% YoY
Equity
31,7 k €
-79.3% YoY

What does phiRED do?

phiRED is a Private limited company incorporated in 2007. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0890.038.742
Incorporation
13/06/2007
Legal form
Private limited company
Registered office
Avenue Louise 367
1050 Ixelles · BruxellesSee on map
Contributed capital
20 000,00 €
Latest accounts
30/09/2025
Joint committees (1)
  • 126
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin113,5 k €159,3 k €-600 €-1,2 k €-2,1 k €-605 €-2,8 k €625,5 €23 k €-33,3 k €20,9 k €-12,7 k €-26,2 k €169,3 €18,7 k €-17,8 k €-45,4 k €
EBITDA4,5 k €159,1 k €-1,1 k €-1,7 k €-2,4 k €-1,3 k €-3,6 k €132,8 €16,6 k €-33,9 k €20,4 k €-13,4 k €-26,3 k €112,8 €18,7 k €-17,8 k €-45,4 k €
Operating result4,5 k €159,1 k €-1,1 k €-1,7 k €-2,4 k €-1,3 k €-3,6 k €132,8 €16,6 k €-33,9 k €20,4 k €-13,4 k €-26,3 k €112,8 €18,7 k €-17,8 k €-45,4 k €
Net result4,5 k €159 k €-1,9 k €-1,8 k €-2,4 k €-4,1 k €-10,5 k €-174,8 €16,6 k €-5,7 k €-54,3 k €-14,6 k €-26,2 k €6,3 k €16,7 k €-21,7 k €-47,9 k €
Balance sheet
Equity31,7 k €153,2 k €-5,7 k €-3,8 k €-2 k €414,7 €48,5 k €59,1 k €59,3 k €92,7 k €102,4 k €106,7 k €117,3 k €143,5 k €177,2 k €190,4 k €212,1 k €
Total assets3,6 M €348,5 k €324,6 €35,9 k €478,3 €414,7 €48,5 k €62,8 k €59,4 k €149,5 k €128,7 k €158,7 k €187,6 k €191,8 k €201 k €226,6 k €267,7 k €
Cash112,2 €0,9 €93,6 €25,4 €478,3 €414,7 €2,8 k €54,4 k €29 k €35,3 k €36,2 k €1,9 k €5,9 k €18,5 k €36,2 k €122,5 €444,3 €
Debts3,6 M €195,3 k €6,1 k €39,7 k €2,5 k €3,7 k €133,1 €55,8 k €25,7 k €52 k €70,3 k €47,1 k €21,9 k €35,3 k €55,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 9 ended

Active mandates

Luc Neerman

Director · since 01 janvier 2024

Active

Ended mandates

Fragimar

Managing director · since 02 novembre 2017 · until 31 décembre 2021 · 0417.686.255

Represented by Frank Smolders

Ended
Frank Smolders

Director · since 02 novembre 2017 · until 31 décembre 2021

Ended
Roland Smolders

Director · since 24 mai 2013 · until 24 mai 2019

Ended
Travair nv

Director · since 24 mai 2013 · until 24 mai 2019 · 0405.066.456

Represented by Roland Smolders

Ended
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Annual accounts

Full financial information

202520232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year30/09/202531/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year21 months12 months12 months12 months12 months12 months
Filing date06/05/202623/09/202425/10/202302/08/202231/08/202102/07/2020
General meeting06/03/202607/06/202424/10/202303/06/202204/06/202129/05/2020
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202506/03/202606/05/2026DutchPDF
Micro model31/12/202307/06/202423/09/2024DutchPDF
Micro model31/12/202224/10/202325/10/2023DutchPDF
Micro model31/12/202103/06/202202/08/2022DutchPDF
Micro model31/12/202004/06/202131/08/2021DutchPDF
Micro model31/12/201929/05/202002/07/2020DutchPDF
Micro model31/12/201831/05/201907/10/2019DutchPDF
Micro model31/12/201725/05/201831/08/2018DutchPDF
Micro model31/12/201626/05/201722/06/2017DutchPDF
Abridged model31/12/201527/05/201613/07/2016DutchPDF
Abridged model31/12/201429/05/201511/06/2015DutchPDF
Abridged model31/12/201330/05/201402/07/2014DutchPDF
Abridged model31/12/201224/05/201310/06/2013DutchPDF
Abridged model31/12/201125/05/201208/06/2012DutchPDF
Abridged model31/12/201027/05/201114/06/2011DutchPDF
Abridged model31/12/200928/05/201014/06/2010DutchPDF
Abridged model31/12/200829/05/200915/06/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 9 ended

Active mandates

Luc Neerman

Director · since 01 janvier 2024

Active

Ended mandates

Fragimar

Managing director · since 02 novembre 2017 · until 31 décembre 2021 · 0417.686.255

Represented by Frank Smolders

Ended
Frank Smolders

Director · since 02 novembre 2017 · until 31 décembre 2021

Ended
Roland Smolders

Director · since 24 mai 2013 · until 24 mai 2019

Ended
Travair nv

Director · since 24 mai 2013 · until 24 mai 2019 · 0405.066.456

Represented by Roland Smolders

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office25/11/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates14/06/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/06/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office04/04/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/02/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/02/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2013
    ONTSLAGEN - BENOEMINGEN
    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 20254,5 k €
  2. 2023
    Annual accounts 2023159 k €
  3. 2022
    Annual accounts 2022-1,9 k €
  4. 2021
    Annual accounts 2021-1,8 k €
  5. 2020
    Annual accounts 2020-2,4 k €
  6. 2019
    Annual accounts 2019-4,1 k €
  7. 2018
    Annual accounts 2018-10,5 k €
  8. 2017
    Annual accounts 2017-174,8 €
  9. 2016
    Annual accounts 201616,6 k €
  10. 2015
    Annual accounts 2015-5,7 k €
  11. 2014
    Annual accounts 2014-54,3 k €
  12. 2013
    Annual accounts 2013-14,6 k €
  13. 2012
    Annual accounts 2012-26,2 k €
  14. 2011
    Annual accounts 20116,3 k €
  15. 2010
    Annual accounts 201016,7 k €
  16. 2009
    Annual accounts 2009-21,7 k €
  17. 2008
    Annual accounts 2008-47,9 k €
  18. 13/06/2007
    IncorporationPrivate limited company