Financials
- Financial year
- 2025
- Total assets
- €5.1m
- Loss
- -€9.9m
- Solvency
- -294.9%
Total assets▲ 6.2%
Net result
20182025
ENDO TOOLS THERAPEUTICS
ActiveSummary
ENDO TOOLS THERAPEUTICS has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€15.1m) and a net result of -€9.9m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 777 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Activity
Nutrition and dietetics services
NACE 86995Other research and development on natural sciences NACE 72109
Fastest staff growth in Hainaut, Health and social work sector2 sites
Size
€5.1mtotal assets 2025
- Staff
- 19.4 FTE
- Equity
- -€15.1m
- Loss
- -€9.9m
Structure
- Largest shareholder
- CHAGRAL INVEST · 49.57%
- Board
- 8 members
- Holdings
- 1
Auditor: Denis GestinAccounts 8 days early
Why 52raises riskCapped at 59: negative equityNegative equity -€15.1mLoss of €9.9m, the second in a row (financial year 2025)Liquidity: current ratio 0.09, cash €216,889lowers riskSector: Human health activities (NACE 86)Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 1% of its sector peers (NACE 86, small)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -294.9% of total assets
Liquidity
5-27
short-term debt 358.7% · cash 4.2%
Profitability
0=
return on assets -194.5%
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.6%lowest value
12-2024: 0.6%● unchanged vs 11-2024lowest value
01-2025: 0.6%● unchanged vs 12-2024lowest value
02-2025: 0.7%▲ +0.1 percentage points vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.8%▲ +0.1 percentage points vs 03-2025
05-2025: 0.7%▼ -0.1 percentage points vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 1.9%▲ +1.1 percentage points vs 06-2025
08-2025: 1.9%● unchanged vs 07-2025
09-2025: 1.9%● unchanged vs 08-2025
10-2025: 1.9%● unchanged vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 2.0%▲ +0.1 percentage points vs 01-2026
03-2026: 2.1%▲ +0.1 percentage points vs 02-2026highest value
04-2026: 2.1%● unchanged vs 03-2026highest value
05-2026: 2.0%▼ -0.1 percentage points vs 04-2026
06-2026: 1.5%▼ -0.5 percentage points vs 05-2026
07-2026: 1.7%▲ +0.2 percentage points vs 06-2026
08-2026: 1.3%▼ -0.4 percentage points vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 1.3%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.09, compared with 0.68 in 2024, below 1; short-term debt: 358.7% and cash: 4.2% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 86, small): better than 0% on solvency, 0% on liquidity, 1% on profitability and 0% on growth.
The bankruptcy probability was computed on 16-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€15.1m
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
34 days early
2023
30 days early
2022
33 days early
2021
34 days early
2020
37 days early
2019
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median (NACE 86) for financial year 2024 is 7 days before the deadline, and 36% 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 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
- Resignations: DG International Consulting, CHAU Alexandre…Appointments: DUFF Eugene Joseph Alexander…
- Annual accounts filedfinancial year 2025 · full…
- Weakest financial yearnet -€9.9m
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€15.1m View
- Risk: 8 loss-making years in a rowloss financial year 2025 -€9.9m View
- Caution: Equity fell in 2025from -€5.1m to -€15.1m ▼ 194% View
- Caution: Among the weakest 5% on solvencysector median 58.6% · 777 companies -294.9% View
- Board changedlatest change 13-07-2026 · 8 in office 5 joined · 6 left View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
By topic
Board & ownership
- Board
- 8 members
- Largest shareholder
- CHAGRAL INVEST · 49.57%
- Auditor
- Denis Gestin
- Marc Nolet de Brauwere van SteelandDirector
- CAPRICORN PARTNERSDirector
- DG International ConsultingDirector
- DUFF Eugene Joseph AlexanderDirector
- Lumine Capital AdvisorsDirector
and 3 other directors
Network & group
- Subsidiaries
- 1
- Connected companies
- 42
1 subsidiary
Timeline
- Events
- 43
- Since
- 2010
- Next accounts
- by 31-07-2027
- 17-12-2025Reappointments: Deloitte Réviseurs d'Entreprises SRL, Old Mill…
- 27-06-2025Annual accounts filed
- 01-07-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Nutrition and dietetics servicesNACE 86995
- Founded
- 29-10-2008
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 22
- Annual meeting
- Second Friday of June at 18:00
- Purpose
- “La recherche, l'étude, la conception, la réalisation, la fabrication, la mise au point de…” (deed in French)
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.