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CELYNTRA THERAPEUTICS

Active
Public limited companyfounded 2019active for 6 yearsRue Edouard Belin 2, 1435 Mont-Saint-Guibert, BelgiumKBO/BCE: BE 0737.829.015
Summary

The computed 12-month bankruptcy probability of CELYNTRA THERAPEUTICS is 3.2% (moderate). The 2025 annual accounts show negative equity (-€9.6m) and a net result of -€3.1m. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 6,172 sector peers (NACE 46, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 19-11-2019 Normal situation
Activity
Wholesale of pharmaceutical and medical goods NACE 46460
Joint committee
207 Paritair Comité voor de bedienden uit de scheikundige nijverheid · annual accounts 2025
Establishment unit
2.299.080.043 1435 Mont-Saint-Guibert, since 19-11-2019
Financial year end
31 December
Peppol
Reachable since 27-11-2025

Board and ownership

Board
Auditor
PwCReviseurs d'Entreprises SRL
Shareholders

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.2%
Annual accounts 2025
Gross margin
€560,992
Turnover
≈ €2.8m
estimated
Loss
€3.1m
▼ 52.1%
Equity
-€9.6m
▼ 40.1%
Total assets
€8.2m
▲ 3.4%
Employees on 31-12-2025
13
▲ 8.3%
  • Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€9.6mLoss of €3.1m, the second in a row (financial year 2025)Liquidity: current ratio 0.13, cash €445,0461 of the last 3 accounts lateShow the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 4% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -117.1% of total assets
Liquidity 7+5
short-term debt 215.2% · cash 5.4%
Profitability 0=
return on assets -37.4%
Bankruptcy probability within 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: 1.4% 01-2025: 1.3%▼ -0.1 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.5%▲ +0.2 percentage points vs 02-2025 04-2025: 0.8%▼ -0.7 percentage points vs 03-2025lowest value 05-2025: 0.9%▲ +0.1 percentage points vs 04-2025 06-2025: 1.0%▲ +0.1 percentage points vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.4%▲ +0.4 percentage points vs 07-2025 09-2025: 1.6%▲ +0.2 percentage points vs 08-2025 10-2025: 2.6%▲ +1.0 percentage point vs 09-2025 11-2025: 4.6%▲ +2.0 percentage points vs 10-2025 12-2025: 4.6%● unchanged vs 11-2025 01-2026: 4.7%▲ +0.1 percentage points vs 12-2025 02-2026: 5.2%▲ +0.5 percentage points vs 01-2026 03-2026: 5.1%▼ -0.1 percentage points vs 02-2026 04-2026: 5.1%● unchanged vs 03-2026 05-2026: 5.2%▲ +0.1 percentage points vs 04-2026 06-2026: 5.3%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 3.2%▼ -2.1 percentage points vs 06-2026 08-2026: 3.2%● unchanged vs 07-2026 09-2026: 3.2%● unchanged vs 08-2026 10-2026: 3.2%● unchanged vs 09-2026 11-2026: 3.2%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.13 (0.14 in 2024), below 1. Short-term debt is 215.2% and cash 5.4% 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, small). It does better than 1% of them on solvency, 6% on liquidity, 1% on profitability and 6% on growth.

The bankruptcy probability was computed on 02-11-2026 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.
raises riskneutral
raises risk · Negative equity -€9.6m
NBB · annual accounts
raises risk · Loss of €3.1m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.13, cash €445,046
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€9.6m
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 10-06-2026, 51 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
51 days early
2024
77 days late
2023
7 days early
2022
31 days early
2021
54 days late
2020
61 days late
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 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 25 July (4 of the last 5 accounts filed within 60 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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 -€9.6m View
  • Risk: 7 loss-making years in a rowloss in financial year 2025 -€3.1m View
  • Caution: Lower solvency than 95% of companies in wholesale tradesector median 45.2% · 6,172 companies -117.1% View
  • Caution: Board changedlatest change 07-05-2026 · 1 in office 1 joined · 1 left View
  • Positive: Result rose in 2025from -€6.4m to -€3.1m ▲ 52.1% View

Recent changes

  1. · Gazette deed Reappointment: PwCReviseurs d'Entreprises SRL (statutory auditor)Permanent representative: M. Romain Seffer
  2. · Gazette deed Resignation: Gustavo Mahler (director)Appointment: Jason Conner (sole director)
  3. · Gazette deed Resignation: Stefan Braam (sole director)Appointment: Gustavo Mahler (sole director)
All 16 events

Comparable companies

These companies have the same main activity as CELYNTRA THERAPEUTICS: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €4.3m and €7.1m, founded between 2014 and 2021.

CompanyTotal assetsGross margin
CELYNTRA THERAPEUTICS Mont-Saint-Guibert€8.2m€0.6m
COSMEX Tubize€5.2m€1.1m
MOTION MEDICAL Sint-Genesius-Rode€7.1m€0.8m
DENTAL ADDICT Braine-l'Alleud€5.1m€0.9m
ISIS MEDICAL Braine-l'Alleud€4.3m€1.7m
OPHTALMO SURGICAL Oudenaarde€4.6m€0.8m
LifeScan Belgium Westerlo€5.7m€2.2m
Full comparison

Key facts about CELYNTRA THERAPEUTICS

What is the company number of CELYNTRA THERAPEUTICS?
The company number of CELYNTRA THERAPEUTICS is 0737.829.015. The VAT number is the same number with BE in front: BE 0737.829.015.
Where is CELYNTRA THERAPEUTICS based?
The registered office is at Rue Edouard Belin 2, 1435 Mont-Saint-Guibert.Company details
What does CELYNTRA THERAPEUTICS do?
According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
What is the legal form of CELYNTRA THERAPEUTICS?
The legal form of CELYNTRA THERAPEUTICS is Public limited company (NV).
When was CELYNTRA THERAPEUTICS founded?
CELYNTRA THERAPEUTICS was founded on 19-11-2019.
Is CELYNTRA THERAPEUTICS still active?
Yes, CELYNTRA THERAPEUTICS is an active enterprise in the KBO register.
How many employees does CELYNTRA THERAPEUTICS have?
CELYNTRA THERAPEUTICS had an average of 12.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does CELYNTRA THERAPEUTICS fall under?
In its 2025 annual accounts, CELYNTRA THERAPEUTICS states joint committee 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid).
What is the turnover of CELYNTRA THERAPEUTICS?
The turnover in financial year 2025 is ≈ €2.8m. This figure is estimated from the gross margin of €560,992 and 35 comparable companies (NACE 464). It probably lies between €1.9m and €4.0m.
Is CELYNTRA THERAPEUTICS profitable?
In financial year 2025, CELYNTRA THERAPEUTICS made a loss of €3.1m.
Where can I find the annual accounts of CELYNTRA THERAPEUTICS?
CELYNTRA THERAPEUTICS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CELYNTRA THERAPEUTICS due?
CELYNTRA THERAPEUTICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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