Financials
- Fiscal year
- 2025
- Total assets
- €907,963
- Loss
- -€128,892
- Solvency
- -12.0%
HealthPharma
ActiveSummary
The computed 12-month bankruptcy probability of HealthPharma is 3.0% (moderate). The 2025 annual accounts show negative equity (-€108,892) and a net result of -€128,892. Its solvency ranks better than 10% of 11770 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of pharmaceutical products
NACE 47730
1 site
Size
€907,963total assets 2025
- Staff
- 3.4 FTE
- Equity
- -€108,892
- Loss
- -€128,892
Turnover not published (abridged schema)
Structure
- Parent
- DSTM HOLDING · 100%
Accounts 7 d early0 of 1 deed read
Why 49- Negative equity -€108,892- Loss of €128,892 (FY 2025)- Sector Retail trade (NACE 47)+ Founded in 2024Show the evidence
Checked score
Score 2025
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 18% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
13
equity -12.0% of total assets
Liquidity
30
short-term debt 46.3% · cash 1.9%
Profitability
1
return on assets -14.2%
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 1.8%lowest value
01-2026: 1.8%● 0.0% vs 12-2025lowest value
02-2026: 1.9%▲ +4.8% vs 01-2026
03-2026: 2.2%▲ +16.8% vs 02-2026
04-2026: 2.3%▲ +5.8% vs 03-2026
05-2026: 2.6%▲ +10.3% vs 04-2026
06-2026: 2.6%● 0.0% vs 05-2026
07-2026: 2.8%▲ +10.4% vs 06-2026
08-2026: 3.0%▲ +7.5% vs 07-2026highest value
09-2026: 3.0%▼ -1.1% vs 08-2026
10-2026: 3.0%▼ -0.5% vs 09-2026
- Negative equity -€108,892 raises the probability
- Loss of €128,892 (FY 2025) raises the probability
- Founded in 2024 lowers the probability for this profile
- Sector Retail trade (NACE 47) raises the probability
No credit on open account
Liquidity short (current ratio 0.78; short-term debt: 46.3% and cash: 1.9% of total assets), and equity is negative.
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 15%, liquidity 27%, profitability 13%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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
Six 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 24-07-2026, 7 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
7 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · abbreviated…
Key points
By topic
Board & ownership
- Parent
- DSTM HOLDING · 100%
Timeline
- Events
- 1
- Since
- 2026
- 24-07-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of pharmaceutical productsNACE 47730
- Founded
- 22-11-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence 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 Is the workforce growing, and do people stay?Employer check
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