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ANTARCTIQ

Active
Private limited companyfounded 201511 yrs activeIndustrieweg 22, 2280 Grobbendonk, BelgiumKBO/BCE: BE 0635.901.316
Summary

ANTARCTIQ has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€190,946) and a net result of -€40,563. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-67
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.32 in 2024; short-term debt: 617.2% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-517.2%
Return on assets
-109.9%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Scientific research and development (NACE 72)
about 30% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€190,946
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
24 d early
2023
30 d early
2022
31 d early
2021
1 d early
2020
on the day
2019
229 d 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 18 days after the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 31 August 2015, ANTARCTIQ was incorporated.1 Total assets went from EUR 511,939 in 2018 to EUR 36,922 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€11,876
EBIT margin
-350.1%
Net result
-€40,563
2024 · €33,350
Working capital
-€199,788▼ 19.7%
2024 · -€166,950
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€11,876
Operating result€117,879-€24,710€105,036€28,746▼ 72.6%-€41,582
Net result€113,506within the sector's middle half-€39,226within the sector's middle half€86,282within the sector's middle half€33,350within the sector's middle half▼ 61.3%-€40,563within the sector's middle half
EBIT margin-350.1%
Equity-€230,788below the sector's middle half▲ 33.0%-€270,015below the sector's middle half▼ 17.0%-€183,733below the sector's middle half▲ 32.0%-€150,383below the sector's middle half▲ 18.2%-€190,946below the sector's middle half▼ 27.0%
Total assets€422,060below the sector's middle half▲ 79.4%€123,269below the sector's middle half▼ 70.8%€230,151below the sector's middle half▲ 86.7%€96,716below the sector's middle half▼ 58.0%€36,922below the sector's middle half▼ 61.8%
Debt€652,849▲ 12.6%€393,284▼ 39.8%€413,884▲ 5.2%€247,099▼ 40.3%€227,869▼ 7.8%
Working capital-€253,853below the sector's middle half▲ 32.5%-€285,579below the sector's middle half▼ 12.5%-€210,460below the sector's middle half▲ 26.3%-€166,950below the sector's middle half▲ 20.7%-€199,788below the sector's middle half▼ 19.7%
Solvency-54.7%below the sector's middle half▲ 91.7pp-219.0%below the sector's middle half▼ 164.4pp-79.8%below the sector's middle half▲ 139.2pp-155.5%below the sector's middle half▼ 75.7pp-517.2%below the sector's middle half▼ 361.7pp
Current ratio0.61below the sector's middle half▲ 0.280.27below the sector's middle half▼ 0.340.49below the sector's middle half▲ 0.220.32below the sector's middle half▼ 0.170.12below the sector's middle half▼ 0.20
Return on assets (ROA)26.9%above the sector's middle half▲ 39.3pp-31.8%below the sector's middle half▼ 58.7pp37.5%above the sector's middle half▲ 69.3pp34.5%above the sector's middle half▼ 3.0pp-109.9%below the sector's middle half▼ 144.3pp
Staff (FTE)
above within below the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2021: €117,879€117,879Net result 2021: €113,506€113,506Operating result 2022: -€24,710-€24,710Net result 2022: -€39,226-€39,226Operating result 2023: €105,036€105,036Net result 2023: €86,282€86,282Operating result 2024: €28,746€28,746Net result 2024: €33,350€33,350Operating result 2025: -€41,582-€41,582Net result 2025: -€40,563-€40,56320212022202320242025-€50,000€0€50,000€100,000Operating result 2023: €105,036€105,000Net result 2023: €86,282€86,300Operating result 2024: €28,746€28,700Net result 2024: €33,350€33,400Operating result 2025: -€41,582-€41,600Net result 2025: -€40,563-€40,600202320242025
The operating result turns negative in 2025: a loss of €41,582 after €28,746 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36,922
Fixed assets €8,842 ▼ 46.6%
Current assets €28,081 ▼ 65.0%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€33,857▼
2024 · €38,906
Cash flow
-€32,838▼
2024 · €43,511
Debt to equity
-1.19▲
2024 · -1.64
Interest coverage
-73.17▼
2024 · 2.00
Debt ≤ 1 year
€227,869▼
2024 · €247,099
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.5% went bankrupt
8.0% stopped otherwise
85% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,940 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€96,716€36,922▼
Fixed assets21/28€16,567€8,842▼
Intangible fixed assets21€3,565-
Tangible fixed assets22/27€13,002€8,842▼
Land and buildings22€1,329€930▼
Plant, machinery and equipment23€9,590€6,713▼
Furniture and vehicles24€2,083€1,198▼
Current assets29/58€80,149€28,081▼
Amounts receivable within one year40/41€75,325€28,081▼
Trade receivables40€48,726-
Other amounts receivable41€26,599€28,081▲
Deferred charges and accrued income490/1€4,824-
Equity and liabilities
Total equity and liabilities10/49€96,716€36,922▼
Equity10/15-€150,383-€190,946▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Distributable reserves133€1,860€1,860=
Profit (loss) carried forward14-€170,843-€211,406▼
Amounts payable17/49€247,099€227,869▼
Amounts payable within one year42/48€247,099€227,869▼
Trade debts44€93,551€1,166▼
Suppliers440/4€93,551€1,166▼
Other amounts payable47/48€153,548€226,703▲
Income statement Code20242025
Operating income70/76A-€11,876
Turnover70-€11,876
Operating charges60/66A-€53,458
Goods for resale, raw materials and consumables60-€12,717
Purchases600/8-€12,717
Services and other goods61-€32,496
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,160€7,725▼
Other operating charges640/8€505€520▲
Gross operating margin9900€39,411-
Operating profit (loss)9901€28,746-€41,582▼
Financial income75/76B€24,066€1,482▼
Recurring financial income75€24,066€1,482▼
Other financial income752/9-€1,482
Financial charges65/66B€19,462€463▼
Recurring financial charges65€19,462€463▼
Other financial charges652/9-€463
Profit (loss) for the period before taxes9903€33,350-€40,563▼
Profit (loss) for the period9904€33,350-€40,563▼
Profit (loss) for the period to be appropriated9905€33,350-€40,563▼
Appropriation of the result
Profit (loss) to be appropriated9906-€170,843-€211,406▼
Profit (loss) brought forward from the previous period14P-€204,193-€170,843▲

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A----€11,876-
Turnover70----€11,876-
Non-recurring operating income76A€16,648€2,189----
Operating charges60/66A----€53,458-
Goods for resale, raw materials and consumables60----€12,717-
Purchases600/8----€12,717-
Services and other goods61----€32,496-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,000€7,500€8,717€10,160€7,725▼ 24.0%
Other operating charges640/8€16,514€601€841€505€520▲ 2.8%
Non-recurring operating charges66A€15,314-----
Gross operating margin9900€155,707-€16,609€114,595€39,411--
Operating profit (loss)9901€117,879-€24,710€105,036€28,746-€41,582▼ 245%
Financial income75/76B€0€3,864€7€24,066€1,482▼ 93.8%
Recurring financial income75€0€3,864€7€24,066€1,482▼ 93.8%
Other financial income752/9----€1,482-
Financial charges65/66B€4,373€18,380€18,762€19,462€463▼ 97.6%
Recurring financial charges65€4,373€18,380€18,762€19,462€463▼ 97.6%
Other financial charges652/9----€463-
Profit (loss) for the period before taxes9903€113,506-€39,226€86,282€33,350-€40,563▼ 222%
Profit (loss) for the period9904€113,506-€39,226€86,282€33,350-€40,563▼ 222%
Profit (loss) for the period to be appropriated9905€113,506-€39,226€86,282€33,350-€40,563▼ 222%
Line20212022202320242025Change
Assets
Total assets20/58€422,060€123,269€230,151€96,716€36,922▼ 61.8%
Fixed assets21/28€23,065€15,565€26,727€16,567€8,842▼ 46.6%
Intangible fixed assets21€23,065€15,565€9,565€3,565--
Tangible fixed assets22/27--€17,162€13,002€8,842▼ 32.0%
Land and buildings22--€1,728€1,329€930▼ 30.0%
Plant, machinery and equipment23--€12,467€9,590€6,713▼ 30.0%
Furniture and vehicles24--€2,968€2,083€1,198▼ 42.5%
Current assets29/58€398,996€107,705€203,424€80,149€28,081▼ 65.0%
Amounts receivable within one year40/41€397,955€79,904€185,853€75,325€28,081▼ 62.7%
Trade receivables40€362,382€29,076€129,631€48,726--
Other amounts receivable41€35,573€50,828€56,222€26,599€28,081▲ 5.6%
Cash at bank and in hand54/58€964€27,801€16,405---
Deferred charges and accrued income490/1€77-€1,165€4,824--
Equity and liabilities
Total equity and liabilities10/49€422,060€123,269€230,151€96,716€36,922▼ 61.8%
Equity10/15-€230,788-€270,015-€183,733-€150,383-€190,946▼ 27.0%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1€1,860-----
Reserves not available under the articles1311€1,860-----
Distributable reserves133-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€251,248-€290,475-€204,193-€170,843-€211,406▼ 23.7%
Amounts payable17/49€652,849€393,284€413,884€247,099€227,869▼ 7.8%
Amounts payable within one year42/48€652,849€393,284€413,884€247,099€227,869▼ 7.8%
Current portion of amounts payable after more than one year42€14,252-----
Financial debts43€50,000-----
Other loans439€50,000-----
Trade debts44€551,396€66,716€68,702€93,551€1,166▼ 98.8%
Suppliers440/4€551,396€66,716€68,702€93,551€1,166▼ 98.8%
Other amounts payable47/48€37,200€326,568€345,183€153,548€226,703▲ 47.6%
Line20212022202320242025Change
Profit (loss) for the period9904€113,506-€39,226€86,282€33,350-€40,563▼ 222%
+ Depreciation and write-downs630€6,000€7,500€8,717€10,160€7,725▼ 24.0%
Operating cash flow (approximation)€119,506-€31,726€94,999€43,511-€32,838▼ 175%
Investment in fixed assets (approximation)-€0-€19,880€0€0-
Change in cash-€26,837-€11,395---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €86,282
Net result €86,282 after one loss-making year.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Back to profitnet €113,506
Net result €113,506 after 3 loss-making years.
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
15-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 229 days late
2019
30-09
Financial Weakest financial yearnet -€363,307
Net result drops to -€363,307, the lowest in the series; recovery starts the following year.
30-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
23-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
08-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grobbendonk · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
2.9 ha
Building footprint
8,844 m²
Volume, LiDAR
79,588 m³
Parcel 13010C0062/00G006, Flanders · tallest building 29.4 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ANTARCTIQ
Industrieweg 22, 2280 GrobbendonkManufacture of basic pharmaceutical products and pharmaceutical preparations
since 20152.246.282.349
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13010C0062/00G006 Flanders 2.9 ha 1 · 8,844 m² 29.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. VDV R&D 100%
  2. ANTARCTIQ

Highest known parent: VDV R&D. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 1,177 companies in sector 72109 we hold annual accounts for 717. 365 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded31-08-2015
Fiscal year end31-12
Activities, NACEBEL 2025
72109Other research and development on natural sciences
28420Manufacture of machinery and equipment not elsewhere classified
28990Manufacture of machinery and equipment not elsewhere classified
43990Other specialised construction activities
49320Non-scheduled passenger transport by road
72101Research and development on biotechnology
Contact
E-mail johan@antarctiq.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0635901316
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.