Cel-Pro-Phar
ActiveCel-Pro-Phar has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €330k and a net result of €67k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 89% of 126 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+94
Solvency100=
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.48 against 5.93 in 2024), and 17.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.3%
Return on assets
16.7%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €330k
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
100 d early
2023
on the day
2022
48 d early
2021
6 d early
2020
26 d early
2019
3 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€330k▲ 25.4%
2024 · €263k
2018: €291k
2019: €306k
2020: €335k
2021: €327k
2022: €288k
2023: €260k
2024: €263k
2018 → 2025
Total assets
€401k▲ 38.4%
2024 · €290k
2018: €347k
2019: €352k
2020: €407k
2021: €373k
2022: €336k
2023: €308k
2024: €290k
2018 → 2025
Net result
€67k▲ 1,897%
2024 · €3k
2018: €17k
2019: €15k
2020: €35k
2021: €2k
2022: €-39k
2023: €-29k
2024: €3k
2018 → 2025
Working capital
€180k▲ 48.8%
2024 · €121k
2018: €90k
2019: €123k
2020: €168k
2021: €158k
2022: €136k
2023: €115k
2024: €121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€327k-€288k▼ 11.9%€260k▼ 10.0%€263k▲ 1.3%€330k▲ 25.4%
Operating result€6k-€-37k€-28k▲ 24.7%€6k€89k▲ 1,324%
Net result€2k-€-39k€-29k▲ 26.5%€3k€67k▲ 1,897%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1,324% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €401k
Fixed assets
€169k▲ 17.4%
Current assets
€232k▲ 59.2%
Equity and liabilities €401k
Equity
€330k▲ 25.4%
Debt
€71k▲ 167%
The debt ratio rises from 9.2% to 17.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€104k▲
2024 · €20k
Cash flow
€81k▲
2024 · €17k
Solvency
82.3%▼
2024 · 90.8%
Current ratio
4.48▼
2024 · 5.93
Quick ratio
4.07▼
2024 · 5.29
Debt / equity
0.21▲
2024 · 0.10
ROE
20.3%▲
2024 · 1.3%
ROA
16.7%▲
2024 · 1.2%
Interest coverage
55.85▲
2024 · 8.38
Debt
€71k▲
2024 · €27k
Debt ≤ 1 year
€52k▲
2024 · €25k
Debt > 1 year
€18k
Income taxes
€21k▲
2024 · €547
Staff costs
€67k▼
2024 · €67k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€290k€401k▲
Fixed assets21/28€144k€169k▲
Tangible fixed assets22/27€144k€169k▲
Land and buildings22€93k€93k=
Plant, machinery and equipment23€36k€27k▼
Furniture and vehicles24€9k€2k▼
Leasing and similar rights25-€41k
Other tangible fixed assets26€7k€6k▼
Current assets29/58€145k€232k▲
Stocks and contracts in progress3€16k€21k▲
Stocks30/36€16k€21k▲
Amounts receivable within one year40/41€53k€58k▲
Trade receivables40€53k€58k▲
Other amounts receivable41-€67
Cash at bank and in hand54/58€69k€144k▲
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€290k€401k▲
Equity10/15€263k€330k▲
Contributions10/11€126k€126k=
Capital10€126k€126k=
Issued capital100€126k€126k=
Reserves13€137k€203k▲
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Tax-exempt reserves132€9k€9k=
Distributable reserves133€115k€182k▲
Amounts payable17/49€27k€71k▲
Amounts payable after more than one year17-€18k
Financial debts170/4-€18k
Amounts payable within one year42/48€25k€52k▲
Current portion of amounts payable after more than one year42-€10k
Trade debts44€1k€6k▲
Suppliers440/4€1k€6k▲
Taxes, remuneration and social security45€8k€21k▲
Taxes450/3€4k€16k▲
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€15k€14k▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€67k€67k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲
Other operating charges640/8€13k€15k▲
Gross operating margin9900€101k€186k▲
Operating profit (loss)9901€6k€89k▲
Financial income75/76B€3€159▲
Recurring financial income75€3€159▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€4k€88k▲
Income taxes67/77€547€21k▲
Profit (loss) for the period9904€3k€67k▲
Profit (loss) for the period to be appropriated9905€3k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€67k▲
Transfer from equity791/2€0-
Transfer to equity691/2€3k€67k▲
To other reserves6921€3k€67k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €67k ▲1897%
Operating result €89k, net result €67k, both a record.
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-39k ▼2017%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 1960
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Van Praetlei 1052170 AntwerpenGround area
168 m²
Building footprint
102 m²
Volume, LiDAR
824 m³
Parcel 11423B0267/00G005, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Van Praetlei 105, 2170 Antwerpen
since 19602.036.201.828
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11423B0267/00G005 | Flanders | 168 m² | 1 · 101 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0452.111.357
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WIM PROOST - PRO GRAPHIC
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WHITE LIGHT
BE 0439.708.522
Genk · Eq €328k
DRUKKERIJ MARC JANSSENS
BE 0457.098.840
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Haletra-Leën
BE 0423.155.273
Houthalen-Helchteren · Eq €335k
Of 778 companies in sector 22220 we hold annual accounts for 596. 450 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
22220Manufacture of rubber and plastic products
32990Other manufacturing not elsewhere classified
46900Non-specialised wholesale trade
51900
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.