Financials
- Fiscal year
- 2025
- Total assets
- €774,089
- Profit
- €65,242
- Solvency
- 56.5%
Total assets▲ 7.1%
Net result
20182025
GELAPHAR
ActiveSummary
GELAPHAR has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437,163 and a net result of €65,242. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 11293 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Retail sale of pharmaceutical products
NACE 47730Warehousing and support activities for transportation NACE 52310NACE 74203
#4 oldest company in Voeren1 site
How big
€774,089total assets 2025
- Staff
- 1.9 FTE
- Equity
- €437,163
- Profit
- €65,242
Who decides
- Parent
- KRAUSCH AURELIE MANAGEMENT · 100%
Accounts 39 d early0 of 2 deeds read
Why 96- Sector Retail trade (NACE 47)+ Liquidity: current ratio 1.69, cash €210,146+ Founded in 1985+ Equity €437,163 (56.5% of total assets)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Better than 70% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
81+5
equity 56.5% of total assets
Liquidity
65+7
short-term debt 40.9% · cash 27.1%
Profitability
79=
return on assets 8.4%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Liquidity: current ratio 1.69, cash €210,146 lowers the probability
- Founded in 1985 lowers the probability for this profile
- Equity €437,163 (56.5% of total assets) lowers the probability
- Sector Retail trade (NACE 47) raises the probability
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.43 in 2024; short-term debt: 40.9% and cash: 27.1% of total assets), and 43.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 70%, liquidity 71%, profitability 70%, growth against the median 70%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
31 d early
2023
37 d early
2022
14 d early
2021
27 d early
2020
40 d early
2019
39 d 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 32 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Board & ownership
- Parent
- KRAUSCH AURELIE MANAGEMENT · 100%
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 22-06-2026Annual accounts filed
- 30-06-2025Annual accounts filed
- 24-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of pharmaceutical productsNACE 47730
- Founded
- 01-01-1985
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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