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IC PHARMA

Active
Private limited companyfounded 2014active for 11 yearsRue François Englert 10, 1480 Tubize, BelgiumKBO/BCE: BE 0505.707.124
Summary

IC PHARMA has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €500,272 and a net result of €128,641. Equity has been growing by about 12% per year since 2019. Its solvency ranks better than 18% of 6,178 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 26-11-2014 Normal situation
Activity
Wholesale of pharmaceutical and medical goods NACE 46460
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-06-2024
Establishment unit
2.359.997.627 1480 Tubize, since 01-05-2024
Financial year end
30 June
Peppol
Reachable since 06-11-2025

Board and ownership

Board
  • INTERCONCEPT SRLDirector · since 10-10-2019
  • LE GALL TangieDirector · since 10-10-2019
Shareholders
  • INTERCONCEPT· score 8430-06-2025 annual accounts of INTERCONCEPT
Holdings
Shares in 3 companies including IC PHARMA VIETNAM and SILVERSTONE SCI

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-06-2025
Gross margin
€434,555
▲ 3.5%
Turnover
≈ €2.2m
estimated
Profit
€128,641
▼ 16.3%
Equity
€500,272
▲ 1.8%
Total assets
€3.2m
▲ 0.9%
Employees on 30-06-2025
3
=
Score breakdownraises riskEquity €500,272 (15.8% of total assets)lowers riskFigures for financial year 2025 (filed on 28-01-2026)Size: 2.9 FTE, total assets €3.2mFounded in 2014Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 38% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 41=
equity 15.8% of total assets
Liquidity 14-2
short-term debt 84.2% · cash 8.4%
Profitability 74-1
return on assets 4.1%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 12-2024: 1.6% 01-2025: 1.9%▲ +0.3 percentage points vs 12-2024 02-2025: 2.5%▲ +0.6 percentage points vs 01-2025highest value 03-2025: 0.4%▼ -2.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%▲ +0.2 percentage points vs 10-2025 12-2025: 1.0%▲ +0.3 percentage points vs 11-2025 01-2026: 1.1%▲ +0.1 percentage points vs 12-2025 02-2026: 0.4%▼ -0.7 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (1.16 in 2024), below the usual 1.5. Short-term debt is 84.2% and cash 8.4% of total assets. 84.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 28% of them on solvency, 14% on liquidity, 61% on profitability and 47% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2025 (filed on 28-01-2026)
NBB · annual accounts
lowers risk · Size: 2.9 FTE, total assets €3.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €500,272 (15.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 2014
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 6178 sector peers (2025).
NBB · sector comparison
Position among 6178 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
28 days late
2023
2 days early
2022
13 days late
2021
32 days early
2020
28 days late
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, full format

Annual accounts 2025 filed on 28-01-2026 PDF all 10 filings

Turnover
≈ €2.2m
Estimated: probably between €1.5m and €3.1m
EBIT margin
Not included in this filing
Net result
€128,641▼ 16.3%
2024 · €153,667
Working capital
€399,117▼ 4.2%
2024 · €416,811
Multi-year overview
2019 to 2025, 7 financial years
Operating result
€168,304
▼ 19.5% 2025
20192025
Net result
€128,641
▼ 16.3% 2025
middle half of the sector
20192025
Equity
€500,272
▲ 1.8% 2025
middle half of the sector
20192025
Total assets
€3.2m
▲ 0.9% 2025
middle half of the sector
20192025
Debt
€2.7m
▲ 0.7% 2025
20192025
Working capital
€399,117
▼ 4.2% 2025
middle half of the sector
20192025
Solvency
15.8%
▲ 0.1pp 2025
lowest quarter of the sector
20192025
Current ratio
1.15
▼ 0.01 2025
lowest quarter of the sector
20192025
Return on assets (ROA)
4.1%
▼ 0.8pp 2025
middle half of the sector
20192025
Staff (FTE)
2.9
▲ 3.6% 2025
lowest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.3m--€0.2m€0.4m€0.3m▼ 31.9%€0.2m▼ 15.8%€0.2m▼ 3.9%€0.2m▼ 19.5%
Net result€0.3m--€0.2mbelow the sector's middle half€0.4mwithin the sector's middle half€0.2mwithin the sector's middle half▼ 41.7%€0.2mwithin the sector's middle half▼ 20.7%€0.2mwithin the sector's middle half▼ 5.1%€0.1mwithin the sector's middle half▼ 16.3%
Equity€0.2m-€0.1mbelow the sector's middle half▼ 58.6%€0.3mwithin the sector's middle half▲ 226%€0.4mwithin the sector's middle half▲ 25.4%€0.5mwithin the sector's middle half▲ 10.1%€0.5mwithin the sector's middle half▲ 7.4%€0.5mwithin the sector's middle half▲ 1.8%
Total assets€1.5m-€1.8mwithin the sector's middle half▲ 20.2%€2.2mwithin the sector's middle half▲ 23.3%€2.4mwithin the sector's middle half▲ 10.9%€2.5mwithin the sector's middle half▲ 3.3%€3.1mwithin the sector's middle half▲ 25.9%€3.2mwithin the sector's middle half▲ 0.9%
Debt€1.2m-€1.7m▲ 35.9%€1.8m▲ 10.9%€2.0m▲ 8.3%€2.0m▲ 1.9%€2.6m▲ 30.1%€2.7m▲ 0.7%
Working capital€0.2m-€0.07mwithin the sector's middle half▼ 68.4%€0.3mwithin the sector's middle half▲ 303%€0.4mwithin the sector's middle half▲ 30.6%€0.4mwithin the sector's middle half▲ 10.4%€0.4mwithin the sector's middle half▼ 2.6%€0.4mwithin the sector's middle half▼ 4.2%
Solvency16.7%-5.8%below the sector's middle half▼ 10.9pp15.2%below the sector's middle half▲ 9.5pp17.2%below the sector's middle half▲ 2.0pp18.4%below the sector's middle half▲ 1.1pp15.7%below the sector's middle half▼ 2.7pp15.8%below the sector's middle half▲ 0.1pp
Current ratio1.19-1.04below the sector's middle half▼ 0.151.16within the sector's middle half▲ 0.121.20within the sector's middle half▲ 0.031.21within the sector's middle half▲ 0.021.16below the sector's middle half▼ 0.051.15below the sector's middle half▼ 0.01
Return on assets (ROA)18.0%--12.7%below the sector's middle half▼ 30.7pp16.1%above the sector's middle half▲ 28.7pp8.5%within the sector's middle half▼ 7.6pp6.5%within the sector's middle half▼ 2.0pp4.9%within the sector's middle half▼ 1.6pp4.1%within the sector's middle half▼ 0.8pp
Staff (FTE)1.9-3.4below the sector's middle half▲ 78.9%3.7within the sector's middle half▲ 8.8%3.8within the sector's middle half▲ 2.7%3.3below the sector's middle half▼ 13.2%2.8below the sector's middle half▼ 15.2%2.9below the sector's middle half▲ 3.6%
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 20% lower than in 2024 and the lowest since 2021. It is the fourth fall in a row.

The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.2m
Fixed assets €101,155 ▲ 35.2%
Current assets €3.1m ▲ 0.1%
Equity and liabilities €3.2m
Equity €500,272 ▲ 1.8%
Debt €2.7m ▲ 0.7%
Debt's share of the balance-sheet total falls from 84.3% to 84.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€187,285▼
2024 · €220,965
Cash flow
€147,623▼
2024 · €165,461
Quick ratio
0.86▲
2024 · 0.79
Debt to equity
5.34▼
2024 · 5.39
ROE
25.7%▼
2024 · 31.3%
Interest coverage
7.55▲
2024 · 5.99
Debt ≤ 1 year
€2.7m▲
2024 · €2.6m
Income taxes
€16,483▼
2024 · €19,063
Staff costs
€221,017▲
2024 · €196,501
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-06-202230-06-202330-06-202430-06-2025
Employees at the balance-sheet date4333
full-time3222
part-time1111
in full-time equivalents3.82.82.82.8
Average over the year, in full-time equivalents3.83.32.82.9
On a permanent contract4333
Joined4012
Left4112

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item30-06-202230-06-202330-06-202430-06-2025
Tangible fixed assets€5,000€12,515€41,188€45,316
Depreciation and write-downs of the year€11,626€10,104€11,794€18,981

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.1m€3.2m▲
Fixed assets21/28€0.07m€0.1m▲
Tangible fixed assets22/27€0.05m€0.07m▲
Land and buildings22€0.001m-
Plant, machinery and equipment23€0.03m€0.05m▲
Furniture and vehicles24€0.01m€0.03m▲
Financial fixed assets28€0.03m€0.03m=
Current assets29/58€3.1m€3.1m▲
Stocks and contracts in progress3€1.0m€0.8m▼
Stocks30/36€1.0m€0.8m▼
Amounts receivable within one year40/41€1.8m€2.0m▲
Trade receivables40€0.5m€0.7m▲
Other amounts receivable41€1.3m€1.3m▲
Cash at bank and in hand54/58€0.3m€0.3m▼
Deferred charges and accrued income490/1-€0.03m
Equity and liabilities
Total equity and liabilities10/49€3.1m€3.2m▲
Equity10/15€0.5m€0.5m▲
Contributions10/11€0.1m€0.1m=
Reserves13€0.04m€0.04m=
Distributable reserves133€0.04m€0.04m=
Profit (loss) carried forward14€0.4m€0.4m▲
Amounts payable17/49€2.6m€2.7m▲
Amounts payable within one year42/48€2.6m€2.7m▲
Current portion of amounts payable after more than one year42-€0.01m
Financial debts43€0.5m€0.7m▲
Credit institutions430/8€0.5m€0.7m▲
Trade debts44€1.9m€1.7m▼
Suppliers440/4€1.9m€1.7m▼
Advances received on contracts in progress46€0.01m-
Taxes, remuneration and social security45€0.02m€0.02m▲
Taxes450/3€70€70=
Remuneration and social security454/9€0.02m€0.02m▲
Other amounts payable47/48€0.3m€0.2m▼
Income statement Code20242025
Remuneration, social security and pensions62€0.2m€0.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.02m▲
Other operating charges640/8€0.002m€0.03m▲
Gross operating margin9900€0.4m€0.4m▲
Operating profit (loss)9901€0.2m€0.2m▼
Financial income75/76B€473€0.002m▲
Recurring financial income75€473€0.002m▲
Financial charges65/66B€0.04m€0.02m▼
Recurring financial charges65€0.04m€0.02m▼
Profit (loss) for the period before taxes9903€0.2m€0.1m▼
Income taxes67/77€0.02m€0.02m▼
Profit (loss) for the period9904€0.2m€0.1m▼
Profit (loss) for the period to be appropriated9905€0.2m€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.5m€0.5m▲
Profit (loss) brought forward from the previous period14P€0.3m€0.4m▲
Profit to be distributed694/7€0.1m€0.1m=
Directors or managers695€0.1m€0.1m=
Social balance sheet
Average headcount (FTE)90872.82.9▲

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 28-01-2026.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62---€226,038€199,216€196,501€221,017▲ 12.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,522€7,710€9,421€11,626€10,104€11,794€18,981▲ 60.9%
Other operating charges640/8---€26,883€9,974€2,386€26,253▲ 11×
Gross operating margin9900€419,374€292,298€578,260€523,065€436,983€419,852€434,555▲ 3.5%
Operating profit (loss)9901€273,673-€211,003€379,512€258,519€217,690€209,171€168,304▼ 19.5%
Financial income75/76B---€6,071€5,038€473€1,623▲ 243%
Recurring financial income75€3,272€7,421€245€6,071€5,038€473€1,623▲ 243%
Financial charges65/66B---€24,089€37,825€36,914€24,803▼ 32.8%
Recurring financial charges65€8,468€15,622€22,248€24,089€37,825€36,914€24,803▼ 32.8%
Profit (loss) for the period before taxes9903€268,477-€219,205€357,509€240,501€184,903€172,730€145,124▼ 16.0%
Income taxes67/77€3,773€4,498€7,401€36,277€22,953€19,063€16,483▼ 13.5%
Profit (loss) for the period9904€264,704-€223,703€350,108€204,224€161,950€153,667€128,641▼ 16.3%
Profit (loss) for the period to be appropriated9905€264,704-€223,703€350,108€204,224€161,950€153,667€128,641▼ 16.3%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.5m€1.8m€2.2m€2.4m€2.5m€3.1m€3.2m▲ 0.9%
Fixed assets21/28€0.03m€0.04m€0.05m€0.04m€0.05m€0.07m€0.1m▲ 35.2%
Intangible fixed assets21€0€0€0.005m€0.003m€0.001m---
Tangible fixed assets22/27€0.02m€0.01m€0.02m€0.01m€0.02m€0.05m€0.07m▲ 57.0%
Land and buildings22---€0.003m€0.002m€0.001m--
Plant, machinery and equipment23---€0.006m€0.009m€0.03m€0.05m▲ 32.0%
Furniture and vehicles24---€0.004m€0.005m€0.01m€0.03m▲ 143%
Financial fixed assets28€0.01m€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m=
Current assets29/58€1.4m€1.7m€2.1m€2.4m€2.4m€3.1m€3.1m▲ 0.1%
Stocks and contracts in progress3€0.2m€0.4m€0.9m€0.4m€0.6m€1.0m€0.8m▼ 20.4%
Stocks30/36---€0.4m€0.6m€1.0m€0.8m▼ 20.4%
Amounts receivable within one year40/41€0.7m€1.1m€1.2m€1.9m€1.8m€1.8m€2.0m▲ 12.5%
Trade receivables40---€1.3m€0.7m€0.5m€0.7m▲ 37.5%
Other amounts receivable41---€0.6m€1.1m€1.3m€1.3m▲ 2.1%
Cash at bank and in hand54/58€0.5m€0.2m€0.09m€0.08m€0.07m€0.3m€0.3m▼ 16.2%
Deferred charges and accrued income490/1---€0.006m€0.003m-€0.03m-
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.8m€2.2m€2.4m€2.5m€3.1m€3.2m▲ 0.9%
Equity10/15€0.2m€0.1m€0.3m€0.4m€0.5m€0.5m€0.5m▲ 1.8%
Contributions10/11€0.02m--€0.1m€0.1m€0.1m€0.1m=
Reserves13€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m=
Distributable reserves133---€0.04m€0.04m€0.04m€0.04m=
Profit (loss) carried forward14€0.2m-€0.04m€0.2m€0.3m€0.3m€0.4m€0.4m▲ 2.4%
Amounts payable17/49€1.2m€1.7m€1.8m€2.0m€2.0m€2.6m€2.7m▲ 0.7%
Amounts payable within one year42/48€1.2m€1.6m€1.8m€2.0m€2.0m€2.6m€2.7m▲ 0.7%
Current portion of amounts payable after more than one year42----€0.005m-€0.01m-
Financial debts43---€0.5m€0.5m€0.5m€0.7m▲ 39.6%
Credit institutions430/8---€0.5m€0.5m€0.5m€0.7m▲ 39.6%
Trade debts44€0.8m€1.0m€1.0m€1.2m€1.2m€1.9m€1.7m▼ 9.6%
Suppliers440/4---€1.2m€1.2m€1.9m€1.7m▼ 9.6%
Advances received on contracts in progress46---€0.01m€0.01m€0.01m--
Taxes, remuneration and social security45---€0.04m€0.02m€0.02m€0.02m▲ 18.1%
Taxes450/3---€0.01m€208€70€70=
Remuneration and social security454/9---€0.03m€0.02m€0.02m€0.02m▲ 18.1%
Other amounts payable47/48---€0.3m€0.3m€0.3m€0.2m▼ 1.9%
Accrued charges and deferred income492/3---€0.02m€0.02m---
Line2019202020212022202320242025Change
Profit (loss) for the period9904€264,704-€223,703€350,108€204,224€161,950€153,667€128,641▼ 16.3%
+ Depreciation and write-downs630€5,522€7,710€9,421€11,626€10,104€11,794€18,981▲ 60.9%
Operating cash flow (approximation)€270,226-€215,993€359,530€215,850€172,054€165,461€147,623▼ 10.8%
Investment in fixed assets (approximation)--€23,161-€16,652-€5,000-€12,515-€40,593-€45,316▼ 11.6%
Change in cash--€240,720-€142,799-€6,714-€5,160€245,435-€51,857-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 4,508 companies had the same profile as IC PHARMA has now. Two years later, 96.9% were still going and 1.4% had gone bankrupt.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
96.9% was still going
1.6% stopped otherwise
1.4% went bankrupt

That fits the bankruptcy probability of IC PHARMA itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,508 companies, not a prediction for IC PHARMA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (10)
Financial year Type Filed Reference Document
30-06-2025 full format 28-01-2026 2026-00015539 PDF
30-06-2024 full format 28-02-2025 2025-00040701 PDF
30-06-2023 full format 29-01-2024 2024-00009032 PDF
30-06-2022 full format 13-02-2023 2023-00026633 PDF
30-06-2021 full format 30-12-2021 2021-82000597 PDF
30-06-2020 full format 28-02-2021 2021-06300504 PDF
30-06-2019 full format 30-01-2020 2020-02800018 PDF
30-06-2018 full format 25-01-2019 2019-02100581 PDF
30-06-2017 full format 28-12-2017 2017-73100588 PDF
30-06-2016 abbreviated format 21-12-2016 2016-71200230 PDF

Board & ownership

Directors

Directors
2 directors
INTERCONCEPT SRL
Director · since 10-10-2019 · Legal entity · listed in the 2025 annual accounts, filed on 28-01-2026
Current
LE GALL Tangie
Director · since 10-10-2019 · listed in the 2025 annual accounts, filed on 28-01-2026
Current

Owners and capital

Shareholders

1 owner

Chain of control

  1. INTERCONCEPT 98.92%
  2. IC PHARMA

Owners 1

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
INTERCONCEPT SRL
  • Director, from 10-10-2019 to date
LE GALL Tangie
  • Director, from 10-10-2019 to date
See the board, name and registered office on a given date →

Network & group

Holdings and subsidiaries

3 holdings

Holdings 3

Source for every holding own accounts 30-06-2025

  • IC PHARMA VIETNAMVNsubsidiary
    90%
  • SILVERSTONE SCIFR
    Equity -€180,712Result -€37,936
    10%
  • Equity €38,779 Profit of €11,659 in 2025 (profit of €48,576 in 2024) Checked score 70
    0.27%

Companies at the same address

4 other companies

Connections & network

2 current directors
Depth

The network starts from the directors of IC PHARMA. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-01-2027
2026
28-01
NBB filing Annual accounts 2025 filedPDF
full format · 3 days before the deadline
2025
30-06
Financial Equity above €500,000equity €500,272 ▲1.8%
After 5 profitable years in a row, equity reaches €500,272.
28-02
NBB filing Annual accounts 2024 filedPDF
full format · 28 days late
2024
18-06
Gazette deed Registered office moved from Bruxelles to Tubize
New seat: rue François Englert 10 à 1480 Tubize · Previous seat: rue du Congrès 35 à 1000 Bruxelles2 points ▸
  • General meeting, 07-04-2024
  • Registered-office move, rue François Englert 10 à 1480 Tubize

Open the act in the Belgian Official Gazette

29-01
NBB filing Annual accounts 2023 filedPDF
full format · 2 days before the deadline
2023
13-02
NBB filing Annual accounts 2022 filedPDF
full format · 13 days late
2021
30-12
NBB filing Annual accounts 2021 filedPDF
full format · 32 days before the deadline
22-09
Gazette deed Registered office moved from Watermael-Boitsfort to Bruxelles
New seat: rue du Congrès 35 à 1000 Bruxelles · Previous seat: Chaussée de la Hulpe 177/20 à 1170 Watermael-Boitsfort · Permanent representative: Van Hamme Jean-Baptiste4 points ▸
  • General meeting, 20-04-2021
  • Registered-office move, rue du Congrès 35 à 1000 Bruxelles
  • Director in office, INTERCONCEPT (director)
  • Permanent representative, Van Hamme Jean-Baptiste

Open the act in the Belgian Official Gazette

30-06
Financial Back to profitnet €350,108
The net result is €350,108, after one loss-making year.
30-06
Financial Equity above €200,000equity €331,790 ▲226%
Equity rises from €101,682 to €331,790.
28-02
NBB filing Annual accounts 2020 filedPDF
full format · 28 days late
2020
30-06
Financial Weakest financial yearnet -€223,703
The net result drops to -€223,703, the lowest from 2019 to 2025. It recovers the following year.
Show earlier events
30-01
NBB filing Annual accounts 2019 filedPDF
full format · 1 day before the deadline
2019
25-01
NBB filing Annual accounts 2018 filedPDF
full format · 6 days before the deadline
2017
28-12
NBB filing Annual accounts 2017 filedPDF
full format · 34 days before the deadline
2016
21-12
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 41 days before the deadline
2014
28-11
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

IC PHARMA was incorporated on 26 November 2014.1 The registered office moved to Bruxelles in 2021 and to Tubize in 2024.23 Total assets rose from €1.5m in 2019 to €3.2m in 2025 and headcount from 1.9 to 2.9 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-09-2021
  3. 3Belgian Official Gazette, 18-06-2024
  4. 4National Bank, annual accounts 2019 and 2025

Company details

Register details

Identity

KBO record
Name IC PHARMA in French
Enterprise number 0505.707.124
LEI code 894500BCBWOT3Q0Q6K84 no longer live in the LEI register
Legal form Private limited company
Status Active, normale toestand
Founded 26-11-2014
Entity type Legal entity

Registered office and establishments

Registered office Rue François Englert 10, 1480 Tubize, Belgium
2 former offices
  • rue du Congrès 35, 1000 Bruxelles until 01-05-2024 · act of 18-06-2024
  • Chaussée de la Hulpe 177/20, 1170 Watermael-Boitsfort until 01-04-2021 · act of 22-09-2021
Establishment unit Rue François Englert 10, 1480 Tubize since 01-05-2024 · unit number 2.359.997.627

Activities

NACEBEL 2025
VAT activities
46460 Wholesale of pharmaceutical and medical goods main activity
Social security (RSZ) activities
46460 Wholesale of pharmaceutical and medical goods main activity
Codes under NACEBEL 2008
VAT activities
46460 Wholesale trade main activity
Social security (RSZ) activities
46460 Wholesale trade main activity
Joint committee 200 Aanvullend Paritair Comité voor de bedienden annual accounts 30-06-2024

Invoicing and payment

VAT number BE 0505.707.124
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0505707124
Registered 06-11-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 30-06

Sites & property

Location
registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
3,243 m²
Cadastral parcel Region Area Buildings Height / floors
25105A0528/00B000 Wallonia 3,243 m² - -