DECURA PHAR
ActiveDECURA PHAR has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €453k and a net result of €16k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▼-19
Solvency57▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.26 in 2024; short-term debt: 14.9% and cash: 0.9% of total assets), and 67.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
32.1%
Return on assets
1.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
7 d early
2023
124 d early
2022
40 d early
2021
7 d early
2020
101 d early
2019
94 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€453k▲ 3.4%
2024 · €439k
2019: €74k
2020: €135k
2021: €242k
2022: €319k
2023: €380k
2024: €439k
2019 → 2025
Total assets
€1.41M▼ 2.3%
2024 · €1.44M
2019: €1.23M
2020: €1.27M
2021: €1.33M
2022: €1.38M
2023: €1.42M
2024: €1.44M
2019 → 2025
Net result
€16k▼ 73.7%
2024 · €60k
2019: €53k
2020: €62k
2021: €109k
2022: €78k
2023: €62k
2024: €60k
2019 → 2025
Working capital
€31k▼ 43.6%
2024 · €55k
2019: €-129k
2020: €-109k
2021: €-42k
2022: €11k
2023: €34k
2024: €55k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€242k-€319k▲ 32.0%€380k▲ 19.2%€439k▲ 15.3%€453k▲ 3.4%
Operating result€145k-€133k▼ 8.4%€99k▼ 25.6%€92k▼ 7.5%€41k▼ 55.1%
Net result€109k-€78k▼ 28.0%€62k▼ 20.4%€60k▼ 3.7%€16k▼ 73.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 55% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.41M
Fixed assets
€1.17M▼ 0.2%
Current assets
€241k▼ 11.2%
Equity and liabilities €1.41M
Equity
€453k▲ 3.4%
Debt
€958k▼ 4.8%
The debt ratio falls from 69.6% to 67.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▼
2024 · €95k
Cash flow
€19k▼
2024 · €63k
Solvency
32.1%▲
2024 · 30.4%
Current ratio
1.15▼
2024 · 1.26
Quick ratio
1.15▼
2024 · 1.26
Debt / equity
2.11▼
2024 · 2.29
ROE
3.5%▼
2024 · 13.7%
ROA
1.1%▼
2024 · 4.1%
Interest coverage
1.52▼
2024 · 3.31
Debt
€958k▼
2024 · €1.01M
Debt ≤ 1 year
€210k▼
2024 · €216k
Debt > 1 year
€723k▼
2024 · €767k
Income taxes
€5k▼
2024 · €16k
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€1.44M€1.41M▼
Fixed assets21/28€1.17M€1.17M▼
Tangible fixed assets22/27€7k€4k▼
Furniture and vehicles24€7k€4k▼
Financial fixed assets28€1.17M€1.17M=
Current assets29/58€271k€241k▼
Amounts receivable within one year40/41€258k€224k▼
Trade receivables40€862€3k▲
Other amounts receivable41€258k€222k▼
Cash at bank and in hand54/58€9k€12k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.44M€1.41M▼
Equity10/15€439k€453k▲
Contributions10/11€6k€6k=
Reserves13€432k€447k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€432k€447k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.01M€958k▼
Amounts payable after more than one year17€767k€723k▼
Financial debts170/4€767k€723k▼
Amounts payable within one year42/48€216k€210k▼
Current portion of amounts payable after more than one year42€47k€47k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€24k€11k▼
Taxes450/3€24k€11k▼
Other amounts payable47/48€144k€150k▲
Accrued charges and deferred income492/3€23k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€137€180▲
Gross operating margin9900€96k€45k▼
Operating profit (loss)9901€92k€41k▼
Financial income75/76B€13k€9k▼
Recurring financial income75€13k€9k▼
Financial charges65/66B€29k€29k▲
Recurring financial charges65€29k€29k▲
Profit (loss) for the period before taxes9903€76k€21k▼
Income taxes67/77€16k€5k▼
Profit (loss) for the period9904€60k€16k▼
Profit (loss) for the period to be appropriated9905€60k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€16k▼
Transfer to equity691/2€58k€15k▼
To other reserves6921€58k€15k▼
Profit to be distributed694/7€2k€868▼
Return on contributions (dividend)694€2k€868▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (17 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
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €16k ▼73.7%
Net result drops to €16k, the lowest in the series.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €109k ▲75.7%
Operating result €145k, net result €109k, both a record.
30-06
Financial
Equity above €200kEq €242k ▲79.4%
3 profitable years in a row build equity to €242k.
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Equity above €100kEq €135k ▲80.7%
2 profitable years in a row build equity to €135k.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
01-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Torhout · 1 establishment unit since 2011
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.
Hofstraat 268820 TorhoutGround area
369 m²
Building footprint
66 m²
Volume, LiDAR
847 m³
Parcel 31033K0418/00H000, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DECURA PHAR BVBA
since 20112.195.781.179
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033K0418/00H000 | Flanders | 369 m² | 1 · 66 m² | 15.7 m · 4 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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K-PLAN
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HECOMA
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TROPOS MANAGEMENT
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Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 35,420 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2011
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
47730Retail sale of pharmaceutical products
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
47750Retail sale of cosmetics and toilet articles
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.