Summary
FCL Pharma is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €474,850 and a net result of €104,960. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 51% of 5587 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 8 filingsDeviation from the deadline
2025
30 d late
2024
26 d late
2023
26 d late
2022
28 d late
2021
12 d early
2020
24 d late
2019
69 d late
← 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 27 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 27 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#10 company by equity in Lubbeek, Finance and insurance sector
Equity
€474,850▲ 13.1%
2024 · €419,889
Net result
€104,960▲ 14.8%
2024 · €91,465
Total assets
€895,776▲ 3.9%
2024 · €862,445
Solvency
53.0%▲ 4.3pp
2024 · 48.7%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line20212022202320242025
Operating result€90,556▲ 21.4%€108,960▲ 20.3%€100,949▼ 7.4%€127,866▲ 26.7%€145,356▲ 13.7%
Net result€64,272within the sector's middle half▲ 26.3%€78,650above the sector's middle half▲ 22.4%€74,777within the sector's middle half▼ 4.9%€91,465within the sector's middle half▲ 22.3%€104,960within the sector's middle half▲ 14.8%
Equity€215,857within the sector's middle half▲ 42.4%€271,294within the sector's middle half▲ 25.7%€328,425within the sector's middle half▲ 21.1%€419,889within the sector's middle half▲ 27.8%€474,850within the sector's middle half▲ 13.1%
Total assets€813,879within the sector's middle half▲ 3.8%€818,386within the sector's middle half▲ 0.6%€848,364within the sector's middle half▲ 3.7%€862,445within the sector's middle half▲ 1.7%€895,776within the sector's middle half▲ 3.9%
Debt€598,022▼ 5.5%€547,091▼ 8.5%€519,940▼ 5.0%€442,556▼ 14.9%€420,927▼ 4.9%
Working capital-€50,177below the sector's middle half▲ 15.3%-€43,300below the sector's middle half▲ 13.7%-€35,293within the sector's middle half▲ 18.5%€3,702within the sector's middle half€9,479within the sector's middle half▲ 156%
Solvency26.5%within the sector's middle half▲ 7.2pp33.1%within the sector's middle half▲ 6.6pp38.7%within the sector's middle half▲ 5.6pp48.7%within the sector's middle half▲ 10.0pp53.0%within the sector's middle half▲ 4.3pp
Current ratio0.56below the sector's middle half▲ 0.160.62below the sector's middle half▲ 0.060.74within the sector's middle half▲ 0.131.03within the sector's middle half▲ 0.291.07within the sector's middle half▲ 0.03
Return on assets (ROA)7.9%within the sector's middle half▲ 1.4pp9.6%within the sector's middle half▲ 1.7pp8.8%within the sector's middle half▼ 0.8pp10.6%within the sector's middle half▲ 1.8pp11.7%within the sector's middle half▲ 1.1pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 14% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €895,776
Fixed assets
€745,556 ▼ 0.1%
Current assets
€150,221 ▲ 29.3%
Equity and liabilities €895,776
Equity
€474,850 ▲ 13.1%
Debt
€420,927 ▼ 4.9%
Debt's share of the balance-sheet total falls from 51.3% to 47.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
22.1%▲
2024 · 21.8%
Debt ≤ 1 year
€140,741▲
2024 · €112,447
Debt > 1 year
€280,063▼
2024 · €329,943
Income taxes
€29,720▲
2024 · €25,008
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,310 | €2,422 | €2,422 | €2,845 | €3,383 | ▲ 18.9% |
| Other operating charges640/8 | €1,260 | €1,265 | €944 | €630 | €540 | ▼ 14.2% |
| Gross operating margin9900 | €94,126 | €112,647 | €104,316 | €131,342 | €149,279 | ▲ 13.7% |
| Operating profit (loss)9901 | €90,556 | €108,960 | €100,949 | €127,866 | €145,356 | ▲ 13.7% |
| Financial income75/76B | - | €0 | €0 | €0 | €0 | - |
| Recurring financial income75 | - | €0 | €0 | €0 | €0 | - |
| Financial charges65/66B | €8,634 | €8,013 | €6,990 | €11,394 | €10,676 | ▼ 6.3% |
| Recurring financial charges65 | €8,634 | €8,013 | €6,990 | €11,394 | €10,676 | ▼ 6.3% |
| Profit (loss) for the period before taxes9903 | €81,922 | €100,947 | €93,959 | €116,472 | €134,680 | ▲ 15.6% |
| Income taxes67/77 | €17,650 | €22,298 | €19,182 | €25,008 | €29,720 | ▲ 18.8% |
| Profit (loss) for the period9904 | €64,272 | €78,650 | €74,777 | €91,465 | €104,960 | ▲ 14.8% |
| Profit (loss) for the period to be appropriated9905 | €64,272 | €78,650 | €74,777 | €91,465 | €104,960 | ▲ 14.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €813,879 | €818,386 | €848,364 | €862,445 | €895,776 | ▲ 3.9% |
| Fixed assets21/28 | €751,057 | €748,635 | €746,212 | €746,297 | €745,556 | ▼ 0.1% |
| Tangible fixed assets22/27 | €17,672 | €15,250 | €12,827 | €12,912 | €12,171 | ▼ 5.7% |
| Furniture and vehicles24 | €9,947 | €8,547 | €7,147 | €5,747 | €6,563 | ▲ 14.2% |
| Other tangible fixed assets26 | €7,726 | €6,703 | €5,681 | €7,165 | €5,608 | ▼ 21.7% |
| Financial fixed assets28 | €733,385 | €733,385 | €733,385 | €733,385 | €733,385 | = |
| Current assets29/58 | €62,822 | €69,751 | €102,152 | €116,149 | €150,221 | ▲ 29.3% |
| Amounts receivable within one year40/41 | €15,217 | €57,472 | €40,956 | €84,535 | €95,620 | ▲ 13.1% |
| Trade receivables40 | €15,217 | €57,093 | €40,956 | €74,543 | €95,340 | ▲ 27.9% |
| Other amounts receivable41 | - | €379 | - | €9,992 | €280 | ▼ 97.2% |
| Cash at bank and in hand54/58 | €46,511 | €10,998 | €59,401 | €29,813 | €52,702 | ▲ 76.8% |
| Deferred charges and accrued income490/1 | €1,094 | €1,281 | €1,795 | €1,800 | €1,898 | ▲ 5.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €813,879 | €818,386 | €848,364 | €862,445 | €895,776 | ▲ 3.9% |
| Equity10/15 | €215,857 | €271,294 | €328,425 | €419,889 | €474,850 | ▲ 13.1% |
| Contributions10/11 | €12,400 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €201,597 | €250,834 | €307,965 | €399,429 | €454,390 | ▲ 13.8% |
| Amounts payable17/49 | €598,022 | €547,091 | €519,940 | €442,556 | €420,927 | ▼ 4.9% |
| Amounts payable after more than one year17 | €485,023 | €434,041 | €382,351 | €329,943 | €280,063 | ▼ 15.1% |
| Financial debts170/4 | €485,023 | €434,041 | €382,351 | €329,943 | €280,063 | ▼ 15.1% |
| Amounts payable within one year42/48 | €112,999 | €113,051 | €137,445 | €112,447 | €140,741 | ▲ 25.2% |
| Current portion of amounts payable after more than one year42 | €50,286 | €50,983 | €54,911 | €52,407 | €49,881 | ▼ 4.8% |
| Financial debts43 | €17,500 | €21,500 | €17,500 | €20,000 | €8,333 | ▼ 58.3% |
| Credit institutions430/8 | €17,500 | €21,500 | €17,500 | €20,000 | €8,333 | ▼ 58.3% |
| Trade debts44 | €165 | €808 | €235 | €766 | €256 | ▼ 66.5% |
| Suppliers440/4 | €165 | €808 | €235 | €766 | €256 | ▼ 66.5% |
| Taxes, remuneration and social security45 | €32,991 | €10,113 | €23,951 | €16,074 | €16,571 | ▲ 3.1% |
| Taxes450/3 | €30,991 | €10,097 | €21,951 | €14,074 | €14,571 | ▲ 3.5% |
| Remuneration and social security454/9 | €2,000 | €15 | €2,000 | €2,000 | €2,000 | = |
| Other amounts payable47/48 | €12,057 | €29,647 | €40,847 | €23,200 | €65,700 | ▲ 183% |
| Accrued charges and deferred income492/3 | - | - | €144 | €166 | €123 | ▼ 26.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64,272 | €78,650 | €74,777 | €91,465 | €104,960 | ▲ 14.8% |
| + Depreciation and write-downs630 | €2,310 | €2,422 | €2,422 | €2,845 | €3,383 | ▲ 18.9% |
| Operating cash flow (approximation) | €66,582 | €81,072 | €77,200 | €94,310 | €108,343 | ▲ 14.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,930 | -€2,642 | ▲ 9.8% |
| Change in cash | - | -€35,513 | €48,403 | -€29,588 | €22,889 | ▲ 177% |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
31-12
Financial
Highest result since 2018net €104,960 ▲14.8%
Operating result €145,356, net result €104,960, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200,000Eq €215,857 ▲42.4%
4 profitable years in a row build equity to €215,857.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Equity above €150,000Eq €151,584 ▲50.5%
3 profitable years in a row build equity to €151,584.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Weakest financial yearnet €38,189 ▼23.8%
Net result drops to €38,189, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €100,693 ▲61.1%
2 profitable years in a row build equity to €100,693.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Lubbeek · 1 establishment unit since 2018
Ground area
825 m²
Building footprint
116 m²
Volume, LiDAR
422 m³
Parcel 24066H0353/00C000, Flanders · tallest building 21.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Apotheker Fien Clarysse
since 20182.272.379.012
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24066H0353/00C000 | Flanders | 825 m² | 1 · 116 m² | 21.7 m · 1 fl. |
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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
99.59%
According to the 2025 annual accounts of FCL Pharma and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,652 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
Founded25-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0688874501
Also
9925:BE0688874501
Registered
30-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.