embecta Belgium
ActiveSummary
embecta Belgium has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €116,110. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 70% of 8161 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-3
Solvency89▼-11
Growth78=
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity ample (current ratio 2.17 against 4.36 in 2024; short-term debt: 36.3% and cash: 0.3% of total assets), and 36.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
63.7%
Return on assets
3.6%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-05-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
11 d late
2024
300 d late
2023
398 d late
2022
334 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 261 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 12 March (3 of the last 4 filed years within 82 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€2.0m▲ 6.1%
2024 · €1.9m
Total assets
€3.2m▲ 49.4%
2024 · €2.1m
Net result
€116,110▼ 3.2%
2024 · €119,933
Working capital
€1.4m▲ 83.8%
2024 · €738,163
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line2022202320242025
Operating result-€51,410-€239,781€137,956▼ 42.5%€198,350▲ 43.8%
Net result-€54,072below the sector's middle half-€166,643above the sector's middle half€119,933within the sector's middle half▼ 28.0%€116,110within the sector's middle half▼ 3.2%
Equity€1.6mabove the sector's middle half-€1.8mabove the sector's middle half▲ 10.3%€1.9mabove the sector's middle half▲ 6.7%€2.0mabove the sector's middle half▲ 6.1%
Total assets€3.2mabove the sector's middle half-€3.5mabove the sector's middle half▲ 10.0%€2.1mwithin the sector's middle half▼ 38.7%€3.2mabove the sector's middle half▲ 49.4%
Debt€1.5m-€1.7m▲ 9.6%€219,672▼ 86.9%€1.2m▲ 426%
Working capital-€518,845below the sector's middle half-€115,919within the sector's middle half€738,163within the sector's middle half▲ 537%€1.4mabove the sector's middle half▲ 83.8%
Solvency51.4%within the sector's middle half-51.6%within the sector's middle half▲ 0.1pp89.7%above the sector's middle half▲ 38.1pp63.7%within the sector's middle half▼ 26.0pp
Current ratio0.65below the sector's middle half-1.07below the sector's middle half▲ 0.414.36above the sector's middle half▲ 3.292.17within the sector's middle half▼ 2.19
Return on assets (ROA)-1.7%below the sector's middle half-4.8%within the sector's middle half▲ 6.5pp5.6%within the sector's middle half▲ 0.8pp3.6%within the sector's middle half▼ 2.0pp
Staff (FTE)4.9within the sector's middle half-7.3within the sector's middle half▲ 49.0%6within the sector's middle half▼ 17.8%6.3within the sector's middle half▲ 5.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 44% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.2m
Fixed assets
€669,748 ▼ 42.9%
Current assets
€2.5m ▲ 162%
Equity and liabilities €3.2m
Equity
€2.0m ▲ 6.1%
Debt
€1.2m ▲ 426%
Debt's share of the balance-sheet total rises from 10.3% to 36.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€700,661▲
2024 · €640,267
Cash flow
€618,421▼
2024 · €622,244
Debt to equity
0.57▲
2024 · 0.11
ROE
5.7%▼
2024 · 6.3%
Interest coverage
11.00▲
2024 · 6.68
Debt ≤ 1 year
€1.2m▲
2024 · €219,672
Income taxes
€56,981▲
2024 · €26,614
Staff costs
€844,570▼
2024 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 5,048 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €638,815 | €1.7m | €1.4m | €844,570 | ▼ 40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €334,874 | €502,311 | €502,311 | €502,311 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €1,500 | €968 | -€67,852 | -€19,363 | ▲ 71.5% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€34,190 | €0 | - | - |
| Other operating charges640/8 | - | - | €1,850 | €18,403 | ▲ 895% |
| Gross operating margin9900 | €923,779 | €2.4m | €2.0m | €1.5m | ▼ 22.6% |
| Operating profit (loss)9901 | -€51,410 | €239,781 | €137,956 | €198,350 | ▲ 43.8% |
| Financial income75/76B | €1,329 | €9,836 | €104,509 | €38,410 | ▼ 63.2% |
| Recurring financial income75 | €1,329 | €9,836 | €104,509 | €38,410 | ▼ 63.2% |
| Financial charges65/66B | €3,462 | €19,761 | €95,917 | €63,669 | ▼ 33.6% |
| Recurring financial charges65 | €3,462 | €19,761 | €95,917 | €63,669 | ▼ 33.6% |
| Profit (loss) for the period before taxes9903 | -€53,543 | €229,856 | €146,548 | €173,092 | ▲ 18.1% |
| Income taxes67/77 | €529 | €63,213 | €26,614 | €56,981 | ▲ 114% |
| Profit (loss) for the period9904 | -€54,072 | €166,643 | €119,933 | €116,110 | ▼ 3.2% |
| Profit (loss) for the period to be appropriated9905 | -€54,072 | €166,643 | €119,933 | €116,110 | ▼ 3.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €3.2m | €3.5m | €2.1m | €3.2m | ▲ 49.4% |
| Fixed assets21/28 | €2.2m | €1.7m | €1.2m | €669,748 | ▼ 42.9% |
| Intangible fixed assets21 | €2.2m | €1.7m | €1.2m | €669,748 | ▼ 42.9% |
| Current assets29/58 | €980,820 | €1.8m | €957,835 | €2.5m | ▲ 162% |
| Amounts receivable within one year40/41 | €827,328 | €1.8m | €949,737 | €2.5m | ▲ 163% |
| Trade receivables40 | - | - | €124,685 | €268,674 | ▲ 115% |
| Other amounts receivable41 | €827,328 | €1.8m | €825,052 | €2.2m | ▲ 171% |
| Cash at bank and in hand54/58 | €153,492 | €9,640 | €8,098 | €10,001 | ▲ 23.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €3.2m | €3.5m | €2.1m | €3.2m | ▲ 49.4% |
| Equity10/15 | €1.6m | €1.8m | €1.9m | €2.0m | ▲ 6.1% |
| Contributions10/11 | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Profit (loss) carried forward14 | -€54,072 | €112,571 | €232,504 | €348,614 | ▲ 49.9% |
| Amounts payable17/49 | €1.5m | €1.7m | €219,672 | €1.2m | ▲ 426% |
| Amounts payable within one year42/48 | €1.5m | €1.7m | €219,672 | €1.2m | ▲ 426% |
| Trade debts44 | €399,785 | €403,511 | €73,141 | €72,576 | ▼ 0.8% |
| Suppliers440/4 | €399,785 | €403,511 | €73,141 | €72,576 | ▼ 0.8% |
| Taxes, remuneration and social security45 | €195,575 | €587,634 | €146,531 | €150,675 | ▲ 2.8% |
| Taxes450/3 | €17,863 | €32,192 | €52,454 | €28,223 | ▼ 46.2% |
| Remuneration and social security454/9 | €177,712 | €555,442 | €94,077 | €122,453 | ▲ 30.2% |
| Other amounts payable47/48 | €904,305 | €690,381 | €0 | €932,487 | - |
| Accrued charges and deferred income492/3 | €34,190 | €0 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€54,072 | €166,643 | €119,933 | €116,110 | ▼ 3.2% |
| + Depreciation and write-downs630 | €334,874 | €502,311 | €502,311 | €502,311 | = |
| Operating cash flow (approximation) | €280,802 | €668,954 | €622,244 | €618,421 | ▼ 0.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€143,852 | -€1,542 | €1,903 | ▲ 223% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 11 days late
23-03
State Gazette act
Appointment: EY Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
State Gazette act
Appointment: EY Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
- General meeting, 19/02/2026
- Auditor appointment, EY Bedrijfsrevisoren BV (statutory auditor)
24-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 300 days late
2025
30-09
Financial
Equity above €2mEq €2.0m ▲6.1%
3 profitable years in a row build equity to €2.0m.
02-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 398 days late
2024
30-09
Financial
Liquidity quadruplescurrent ratio 4.36
Current ratio from 1.07 to 4.36; short-term debt falls from €1.7m to €219,672.
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 334 days late
2023
30-09
Financial
Back to profitnet €166,643
Net result €166,643 after one loss-making year.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 12 acts read
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
EY Bedrijfsrevisoren BV
CurrentStatutory auditor · since 23-03-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2021
Ground area
2.4 ha
Building footprint
2,702 m²
Parcel 11302A0095/00E008, Flanders. Linked by address, not a title deed.
101
companies at this address
See who is registered here
1 establishment unit
embecta Belgium
since 20212.319.634.838
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0095/00E008 | Flanders | 2.4 ha | 1 · 2,702 m² | - |
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.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| EY Bedrijfsrevisoren BV |
|
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Of 1,903 companies in sector 46460 we hold annual accounts for 1,126. 704 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
Founded12-07-2021
Fiscal year end30-09
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods
22260Manufacture of rubber and plastic products
E-invoicing
Reachable via Peppol
Peppol ID
9925:BE0771280454
Registered
05-03-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.