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ANCIAUX

Active
Private limited companyfounded 1989active for 36 yearsFrançois Gaystraat 249, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0439.121.275
Summary

The computed 12-month bankruptcy probability of ANCIAUX is 2.7% (moderate). The 2025 annual accounts show equity of €105,553 and a net result of -€47,187. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 23% of 12,678 sector peers (NACE 47, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of pharmaceutical products
NACE 47730
2 sites
Size
€823,388total assets 2025
Staff
3.9 FTE
Equity
€105,553
Loss
-€47,187
Financial health
50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.7%
Structure
Parent
COMPAGNIE FONCIERE ET FINANCIERE · 100%
  • BEL MANAGEMENTDirector · permanent representative Charles RANSART
  • BLUESTONEDirector · permanent representative Paul RANSART
  • Serge RANSARTDirector
2025 accounts filed 58 days late1 of 4 deeds summarised
Why 50raises riskEquity €105,553 (12.8% of total assets)Sector: Retail trade (NACE 47)Last filed accounts filed 58 days late; 3 of the last 3 latelowers riskFounded in 1989Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 19% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Weak
Solvency 38-4
equity 12.8% of total assets
Liquidity 15-14
short-term debt 68.8% · cash 1.7%
Profitability 12+7
return on assets -5.7%
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,242 companies, NACE 47, micro)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.3%▼ -0.1 percentage points vs 04-2025 06-2025: 1.2%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025 08-2025: 2.1%▲ +0.7 percentage points vs 07-2025 09-2025: 2.3%▲ +0.2 percentage points vs 08-2025 10-2025: 2.9%▲ +0.6 percentage points vs 09-2025 11-2025: 3.3%▲ +0.4 percentage points vs 10-2025 12-2025: 3.3%● unchanged vs 11-2025 01-2026: 3.3%● unchanged vs 12-2025 02-2026: 3.3%● unchanged vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.1%▼ -0.2 percentage points vs 04-2026 06-2026: 3.0%▼ -0.1 percentage points vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026 08-2026: 3.7%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 3.6%▼ -0.1 percentage points vs 08-2026 10-2026: 2.7%▼ -0.9 percentage points vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.22, compared with 1.37 in 2024, below the usual 1.5; short-term debt: 68.8% and cash: 1.7% of total assets), and 87.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 29% on solvency, 15% on liquidity, 18% on profitability and 16% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Equity €105,553 (12.8% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Last filed accounts filed 58 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
18192122232425
2018 to 2025 · latest year -€47,187
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 12678 sector peers (2025).
NBB · sector comparison
Position among 12678 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · 2025 accounts filed 58 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-09-2026, 58 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
58 days late
2024
58 days late
2023
65 days late
2022
90 days late
2021
58 days late
2019
91 days late
2018
75 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 71 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Weakest financial yearnet -€98,656

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€47,187 View
  • Caution: Among the weakest 9% on net resultsector median €27,728 · 12,668 companies -€47,187 View
  • Positive: Result rose in 2025from -€98,656 to -€47,187 ▲ 52.2% View
  • Controlled by COMPAGNIE FONCIERE ET FINANCIERE 100% View

By topic

Financials

Financial year
2025
Total assets
€823,388
Loss
-€47,187
Solvency
12.8%
Go to Financials

Board & ownership

Board
3 members
Parent
COMPAGNIE FONCIERE ET FINANCIERE · 100%
  • BEL MANAGEMENTDirector
  • BLUESTONEDirector
  • Serge RANSARTDirector
Go to Board & ownership

Timeline

Events
38
Since
1991
Next accounts
by 31-07-2027
  1. 04-10-2024Annual accounts filed
  2. 29-01-2024Appointments: BLUESTONE, BEL MANAGEMENT and Serge RANSART
  3. 29-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Retail sale of pharmaceutical productsNACE 47730
Founded
14-12-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Annual meeting
15 June at 11:00
Purpose
“L'exploitation d'officines pharmaceutiques dans le respect des règles édictées par l'Ordre…” (deed in French)
Go to Articles of association

Key facts about ANCIAUX

What is the company number of ANCIAUX?
0439.121.275. In Belgium the VAT number is the company number with BE in front: BE 0439.121.275.
Where is ANCIAUX based?
The registered office is at François Gaystraat 249, 1150 Sint-Pieters-Woluwe.Company details
What does ANCIAUX do?
According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
What is the legal form of ANCIAUX?
Private limited company (BV).
When was ANCIAUX founded?
On 14-12-1989.
Is ANCIAUX still active?
Yes, ANCIAUX is an active enterprise in the KBO register.
How many employees does ANCIAUX have?
On average 3.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ANCIAUX?
€1.4m in financial year 2024, according to the filed annual accounts.
Is ANCIAUX profitable?
In financial year 2025, ANCIAUX made a loss of €47,187.
Where can I find the annual accounts of ANCIAUX?
ANCIAUX filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ANCIAUX due?
By 31-07-2027, for financial year 2026.Timeline

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