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BELGIOPHAR

Active
Private limited companyfounded 2020active for 5 yearsResearchdreef 12, 1070 Anderlecht, BelgiumKBO/BCE: BE 0760.405.269
Summary

The computed 12-month bankruptcy probability of BELGIOPHAR is 2.3% (moderate). The 2025 annual accounts show negative equity (-€124,272) and a net result of -€28,157. Equity has been shrinking by about 191% per year since 2021. Its solvency ranks better than 5% of 9,845 sector peers (NACE 46, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 22-12-2020 Normal situation
Registered office
79 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Wholesale of other food products NACE 46389and 3 others
Establishment unit
2.311.041.232 1070 Anderlecht, since 22-12-2020
Financial year end
31 December
Peppol
Reachable since 16-12-2025

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Annual accounts 2025
Turnover
€152,095
▲ 119%
Loss
€28,157
▼ 66.3%
Equity
-€124,272
▼ 29.3%
Total assets
€106,855
▼ 44.9%
Staff
≈ 1.2 FTE
estimated
  • Negative equity on 31-12-2025
  • 2025 accounts filed 39 days after the deadline
Score breakdownraises riskLast filed accounts filed 39 days late; 3 of the last 3 accounts lateNegative equity -€124,272lowers riskSize: turnover €152,095, total assets €106,855Liquidity: current ratio 0.46, cash €33,865Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 26% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -116.3% of total assets
Liquidity 40+37
short-term debt 205.5% · cash 31.7%
Profitability 0=
return on assets -26.4%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 4.3% 01-2025: 4.3%● unchanged vs 12-2024 02-2025: 4.3%● unchanged vs 01-2025 03-2025: 4.6%▲ +0.3 percentage points vs 02-2025 04-2025: 4.7%▲ +0.1 percentage points vs 03-2025 05-2025: 4.8%▲ +0.1 percentage points vs 04-2025 06-2025: 4.9%▲ +0.1 percentage points vs 05-2025 07-2025: 4.9%● unchanged vs 06-2025 08-2025: 5.6%▲ +0.7 percentage points vs 07-2025 09-2025: 6.1%▲ +0.5 percentage points vs 08-2025 10-2025: 7.7%▲ +1.6 percentage points vs 09-2025highest value 11-2025: 4.3%▼ -3.4 percentage points vs 10-2025 12-2025: 4.3%● unchanged vs 11-2025 01-2026: 4.6%▲ +0.3 percentage points vs 12-2025 02-2026: 4.5%▼ -0.1 percentage points vs 01-2026 03-2026: 4.5%● unchanged vs 02-2026 04-2026: 4.4%▼ -0.1 percentage points vs 03-2026 05-2026: 4.3%▼ -0.1 percentage points vs 04-2026 06-2026: 4.2%▼ -0.1 percentage points vs 05-2026 07-2026: 4.1%▼ -0.1 percentage points vs 06-2026 08-2026: 4.5%▲ +0.4 percentage points vs 07-2026 09-2026: 5.0%▲ +0.5 percentage points vs 08-2026 10-2026: 2.3%▼ -2.7 percentage points vs 09-2026lowest value 11-2026: 2.3%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.46 (0.65 in 2024), below 1. Short-term debt is 205.5% and cash 31.7% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 6% of them on solvency, 37% on liquidity, 6% on profitability and 56% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 39 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: turnover €152,095, total assets €106,855
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€124,272
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.46, cash €33,865
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€124,272
raises risk · 2025 accounts filed 39 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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 · 5 filings
Deviation from the deadline
2025
39 days late
2024
59 days late
2023
31 days late
2022
74 days late
2021
159 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 72 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 28 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€124,272 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€28,157 View
  • Positive: Turnover rose in 2025from €69,345 to €152,095 ▲ 119% View
  • Caution: Lower solvency than 95% of companies in wholesale tradesector median 42.9% · 9,845 companies -116.3% View

Recent changes

  1. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as BELGIOPHAR: wholesale of other food products (NACE 46389). They are comparable in size and age: total assets between €81,400 and €138,000, founded between 2018 and 2022.

CompanyTotal assetsGross margin
BELGIOPHAR Anderlecht€106,855-€48,244
HANNAN MORAD Leuven€106,673-€25,980
POWNTY FOOD CORP Leuven€106,046-€1,236
KUKJE TRADING ENTERPRISE Antwerpen€81,389-€10,107
KIKO FOOD Gent€97,991-€30,805
Koning's Bakker & Elkabal Aartselaar€137,503-€24,181
DIFRA-Belgium Brugge€99,822-€4,914
Full comparison

Key facts about BELGIOPHAR

What is the company number of BELGIOPHAR?
The company number of BELGIOPHAR is 0760.405.269. The VAT number is the same number with BE in front: BE 0760.405.269.
Where is BELGIOPHAR based?
The registered office is at Researchdreef 12, 1070 Anderlecht.Company details
What does BELGIOPHAR do?
According to the KBO register, the main activity is wholesale of other food products (NACE 46389).
What is the legal form of BELGIOPHAR?
The legal form of BELGIOPHAR is Private limited company (BV).
When was BELGIOPHAR founded?
BELGIOPHAR was founded on 22-12-2020.
Is BELGIOPHAR still active?
Yes, BELGIOPHAR is an active enterprise in the KBO register.
What is the turnover of BELGIOPHAR?
The turnover of BELGIOPHAR was €152,095 in financial year 2025, according to the filed annual accounts.Financials
Is BELGIOPHAR profitable?
In financial year 2025, BELGIOPHAR made a loss of €28,157.
Where can I find the annual accounts of BELGIOPHAR?
BELGIOPHAR filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BELGIOPHAR due?
BELGIOPHAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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