Losses
-€52,111 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
ID4CARE
Lifetime
11 annual accounts with figures on one time axispeak €586,890 (2023)
€422,235▼ 16.3%
lowest -€45,718 (2025)
-€45,718▼ €39,325
peak €213,555 (2023)
€161,443▼ 22.1%
€1.5m▲ 68.6%
peak 7.5 FTE (2023)
6.3 FTE▼ 16.0%
Board3 names since 2014
2 directorsALTIPLAY and 1 other
Owners
Documentsfilings and deeds
30-09-202661 days late
2025abbreviated format
Gross margin from €504,669 to €422,235Loss of €45,718Staff from 7.5 FTE to 6.3 FTEEquity from €207,162 to €161,443Debts from €887,415 to €1.5mCash from €65,024 to €376,459
Key points
from the 2025 annual accountsDebts
€1.5m 90% of the balance sheet
Financial debts 14%Suppliers 33%Taxes and wages 8%Other 45%
Of this, €834,402 falls due within a year.
Staff
9 employees on 31-12-2025
In 2025, 42 people joined and 40 left.
Filings
11 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
At the same address
58 companies
Position in the sector
-€45,718
Lower net result than 88% of companies in wholesale trade. Sector median €26,728 · 9,878 companies.
Checked score
65
Healthy
Financially stronger than 31% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.1%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 0.9%▼ -0.2 percentage points vs 05-2025lowest value
07-2025: 1.2%▲ +0.3 percentage points vs 06-2025
08-2025: 1.9%▲ +0.7 percentage points vs 07-2025
09-2025: 2.5%▲ +0.6 percentage points vs 08-2025
10-2025: 1.6%▼ -0.9 percentage points vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.5%▼ -0.1 percentage points vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.4%▼ -0.1 percentage points vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.4%● unchanged vs 05-2026
07-2026: 1.6%▲ +0.2 percentage points vs 06-2026
08-2026: 2.5%▲ +0.9 percentage points vs 07-2026
09-2026: 3.0%▲ +0.5 percentage points vs 08-2026highest value
10-2026: 1.0%▼ -2.0 percentage points vs 09-2026
11-2026: 1.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 61 days late; 2 of the last 3 accounts late
Equity €161,443 (9.7% of total assets)
lowers risk
Liquidity: current ratio 1.77, cash €376,459
Founded in 2014
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 23% of them on solvency, 58% on liquidity, 23% on profitability and 18% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,037 companies had the same profile as ID4CARE has now. Each dot stands for 3 companies, two years later.
93.7%
were still trading
2.9%
stopped another way
2.9%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ID4CARE itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 1,037 companies, not a prediction for ID4CARE. 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.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.77 (1.14 in 2024), above the usual 1.5. Short-term debt is 50.3% and cash 22.7% of total assets. However, 90.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€45,718
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9902 sector peers (2025).
NBB · sector comparisonPosition among 9902 sector peers
Solvency
better than 18%
← weakest
strongest →
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
61 days late
2024
55 days late
2023
30 days late
2022
30 days late
2021
13 days late
2020
13 days late
2019
7 days 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 28 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: PASSYST SRL (director)
Director discharge: PASSYST SRL · General meeting of 23-08-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0506935559
Permanent representatives: Stephan Aloys PALM, DELPLANCQ and DELPLANCQ Yvan
Changes of role: PASSYST PGMBH (director) and ALTIPLAY (director) · “La constitution et la gestion d'un patrimoine mobilier et/ou immobilier et la location financement de biens…” (deed in French) · PASSYST PGMBH holds 60 shares · General meeting of 04-08-2020 · Gazette deed
First establishment
Rue de l'Industrie 20, Nivelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ID4CARE Nivelles | €1.7m | €422,235 | 9.7% | 6.3 |
| Confortho Liège | €1.7m | €542,326 | 42.5% | 6 |
| ECO.PHARMA.SUPPLY Estaimpuis | €2.0m | €509,724 | 7.9% | 6.8 |
| HASA OPTIX Ixelles | €1.3m | €525,463 | 81.9% | 6 |
| MEDARO Quiévrain | €2.5m | €299,150 | 12.3% | 6.9 |
| MILLPLEDGE EUROPE Wingene | €1.1m | €475,473 | -49.2% | 5.4 |
| FETON INTERNATIONAL La Louvière | €1.4m | €723,308 | 29.9% | 6.2 |
These companies have the same main activity as ID4CARE: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €1.1m and €2.5m, founded between 2013 and 2017.
Official details
Source: KBO- Status
- Active since 17-12-2014Normal situation
- Registered office
- 59 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Wholesale of pharmaceutical and medical goodsNACE 46460and 5 others
- Establishment unit
- 2.302.020.5291400 Nivelles, since 03-03-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- ≈ €2.0mestimated
- €1.7m▲ 51.4%
- Employeeson 31-12-2025
- 9▲ 28.6%
- Filing
- Filed on 30-09-2026
Insights on ID4CARE
ID4CARE files the abbreviated format. That format states no turnover. The gross margin rose from €2,684 in 2015 to €422,235 in 2025.
ALTIPLAY holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ID4CARE
- What is the company number of ID4CARE?
- The company number of ID4CARE is 0506.935.559. The VAT number is the same number with BE in front: BE 0506.935.559.
- Where is ID4CARE based?
- The registered office is at Rue de l'Industrie 20, 1400 Nivelles.Company details
- What does ID4CARE do?
- According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
- What is the legal form of ID4CARE?
- ID4CARE is a private limited company (BV).
- When was ID4CARE founded?
- ID4CARE was founded on 17-12-2014.
- Is ID4CARE still active?
- Yes, ID4CARE is an active enterprise in the KBO register.
- How many employees does ID4CARE have?
- ID4CARE had an average of 6.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ID4CARE?
- The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €422,235 and 36 comparable companies (NACE 464). It probably lies between €1.5m and €3.0m.
- Is ID4CARE profitable?
- In financial year 2025, ID4CARE made a loss of €45,718.
- Where can I find the annual accounts of ID4CARE?
- ID4CARE filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ID4CARE due?
- ID4CARE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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