ixX pharma
ActiveSummary
ixX pharma has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.9m and a net result of €1.7m. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 5071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
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Signals
This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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History
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
- 2021 Net result -84% on 2020. The accounts now follow the full schema, last year the abbreviated schema.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €9.6m | €9.3m | €10.7m | €12.2m | €12.5m | ▲ 2.5% |
| Turnover70 | €9.6m | €9.7m | €10.4m | €12.8m | €11.6m | ▼ 8.9% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | -€486,060 | €138,743 | -€681,719 | - | - |
| Other operating income74 | €64,776 | €76,176 | €156,337 | €104,021 | €90,145 | ▼ 13.3% |
| Non-recurring operating income76A | €11,765 | - | - | €4,566 | €779,882 | ▲ 16,980% |
| Operating charges60/66A | €9.1m | €8.8m | €9.3m | €10.4m | €10.3m | ▼ 0.7% |
| Goods for resale, raw materials and consumables60 | €3.4m | €2.7m | €4.0m | €4.8m | €4.7m | ▼ 1.3% |
| Purchases600/8 | €3.6m | €2.3m | €4.8m | €4.6m | €4.4m | ▼ 5.5% |
| Change in stocks: decrease (increase)609 | -€202,479 | €372,246 | -€840,973 | €113,934 | €304,525 | ▲ 167% |
| Services and other goods61 | €3.0m | €3.7m | €2.9m | €2.9m | €3.0m | ▲ 3.2% |
| Remuneration, social security and pensions62 | €2.1m | €2.1m | €2.3m | €2.6m | €2.5m | ▼ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €85,724 | €82,818 | €88,915 | €119,277 | €82,740 | ▼ 30.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €71,838 | -€71,838 | - | - | - |
| Other operating charges640/8 | €15,600 | €11,792 | €13,055 | €12,939 | €9,333 | ▼ 27.9% |
| Non-recurring operating charges66A | €375,878 | €140,515 | €1,869 | - | - | - |
| Operating profit (loss)9901 | €591,816 | €522,802 | €1.5m | €1.8m | €2.2m | ▲ 20.6% |
| Financial income75/76B | €3 | €17,828 | €48,326 | €87,401 | €108,484 | ▲ 24.1% |
| Recurring financial income75 | €3 | €17,828 | €48,326 | €87,401 | €108,484 | ▲ 24.1% |
| Income from current assets751 | €0 | €14,835 | €48,325 | €87,061 | €108,482 | ▲ 24.6% |
| Other financial income752/9 | €3 | €2,992 | €1 | €340 | €1 | ▼ 99.6% |
| Financial charges65/66B | €29,512 | €41,081 | €106,273 | €121,951 | €155,736 | ▲ 27.7% |
| Recurring financial charges65 | €29,512 | €41,081 | €106,273 | €121,951 | €155,736 | ▲ 27.7% |
| Debt charges650 | €28,904 | €22,942 | €102,292 | €118,182 | €153,663 | ▲ 30.0% |
| Other financial charges652/9 | €608 | €18,139 | €3,980 | €3,769 | €2,072 | ▼ 45.0% |
| Profit (loss) for the period before taxes9903 | €562,307 | €499,548 | €1.4m | €1.8m | €2.1m | ▲ 20.3% |
| Income taxes67/77 | €219,058 | €107,168 | €412,488 | €580,120 | €457,262 | ▼ 21.2% |
| Taxes670/3 | €219,058 | €146,401 | €412,488 | €580,120 | €537,477 | ▼ 7.4% |
| Tax adjustments and reversals of tax provisions77 | - | €39,232 | - | - | €80,215 | - |
| Profit (loss) for the period9904 | €343,250 | €392,379 | €1.0m | €1.2m | €1.7m | ▲ 40.3% |
| Transfer from tax-exempt reserves789 | - | - | - | €1.0m | - | - |
| Transfer to tax-exempt reserves689 | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €343,250 | €392,379 | €1.0m | €2.2m | €1.7m | ▼ 23.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.1m | €7.4m | €8.7m | €10.3m | €11.3m | ▲ 9.5% |
| Fixed assets21/28 | €769,705 | €678,475 | €749,428 | €732,047 | €1.8m | ▲ 147% |
| Intangible fixed assets21 | €10,016 | €4,538 | €402 | - | €4,725 | - |
| Tangible fixed assets22/27 | €725,704 | €670,371 | €747,461 | €730,482 | €103,770 | ▼ 85.8% |
| Land and buildings22 | €678,592 | €635,463 | €574,926 | €514,714 | - | - |
| Plant, machinery and equipment23 | €20,689 | €18,733 | €85,219 | €127,478 | €10,530 | ▼ 91.7% |
| Furniture and vehicles24 | €26,423 | €16,175 | €7,935 | €6,390 | - | - |
| Assets under construction and advance payments27 | - | - | €79,380 | €81,900 | €93,240 | ▲ 13.8% |
| Financial fixed assets28 | €33,985 | €3,565 | €1,565 | €1,565 | €1.7m | ▲ 108,626% |
| Affiliated companies280/1 | - | - | - | - | €1.7m | - |
| Participating interests280 | - | - | - | - | €1.7m | - |
| Other financial fixed assets284/8 | €33,985 | €3,565 | €1,565 | €1,565 | €1,565 | = |
| Amounts receivable and cash guarantees285/8 | €33,985 | €3,565 | €1,565 | €1,565 | €1,565 | = |
| Current assets29/58 | €6.4m | €6.7m | €8.0m | €9.6m | €9.5m | ▼ 1.0% |
| Stocks and contracts in progress3 | €3.1m | €2.3m | €3.2m | €2.4m | €2.1m | ▼ 12.6% |
| Stocks30/36 | €3.1m | €2.3m | €3.2m | €2.4m | €2.1m | ▼ 12.6% |
| Raw materials and consumables30/31 | €891,331 | €770,933 | €611,897 | - | - | - |
| Work in progress32 | €1.0m | €542,976 | €681,719 | - | - | - |
| Goods purchased for resale34 | €1.2m | €911,009 | €1.9m | €2.4m | €2.1m | ▼ 12.6% |
| Advance payments36 | - | €28,290 | - | - | - | - |
| Amounts receivable within one year40/41 | €1.9m | €3.5m | €3.6m | €5.8m | €6.0m | ▲ 3.1% |
| Trade receivables40 | €1.8m | €2.6m | €1.8m | €3.0m | €1.2m | ▼ 60.5% |
| Other amounts receivable41 | €26,770 | €934,137 | €1.8m | €2.8m | €4.8m | ▲ 69.2% |
| Cash at bank and in hand54/58 | €1.3m | €838,793 | €1.1m | €1.3m | €1.3m | ▲ 2.6% |
| Deferred charges and accrued income490/1 | €104,542 | €98,972 | €73,461 | €28,298 | €22,607 | ▼ 20.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.1m | €7.4m | €8.7m | €10.3m | €11.3m | ▲ 9.5% |
| Equity10/15 | €5.4m | €4.8m | €5.1m | €6.3m | €6.9m | ▲ 10.2% |
| Contributions10/11 | €512,449 | €512,449 | €599,949 | €599,949 | €599,949 | = |
| Capital10 | €490,000 | €490,000 | €490,000 | €490,000 | €490,000 | = |
| Issued capital100 | €490,000 | €490,000 | €490,000 | €490,000 | €490,000 | = |
| Outside capital11 | €22,449 | €22,449 | €109,949 | €109,949 | €109,949 | = |
| Share premium1100/10 | €22,449 | €22,449 | €109,949 | €109,949 | €109,949 | = |
| Reserves13 | €4.3m | €3.3m | €3.3m | €3.3m | €3.3m | = |
| Non-distributable reserves130/1 | €49,600 | €49,600 | €49,600 | €49,600 | €49,600 | = |
| Legal reserve130 | €49,600 | €49,600 | €49,600 | €49,600 | €49,600 | = |
| Tax-exempt reserves132 | €1.0m | €1.0m | €1.0m | - | - | - |
| Distributable reserves133 | €3.2m | €2.2m | €2.2m | €3.2m | €3.2m | = |
| Profit (loss) carried forward14 | €646,287 | €1.0m | €1.2m | €2.4m | €3.0m | ▲ 26.7% |
| Amounts payable17/49 | €1.7m | €2.6m | €3.7m | €4.0m | €4.3m | ▲ 8.4% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Financial debts170/4 | €0 | - | - | - | - | - |
| Other loans174 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.7m | €2.6m | €3.7m | €4.0m | €4.3m | ▲ 8.4% |
| Current portion of amounts payable after more than one year42 | €0 | - | - | - | - | - |
| Financial debts43 | €50,094 | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Credit institutions430/8 | €50,094 | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Trade debts44 | €1.1m | €1.2m | €1.2m | €2.3m | €1.1m | ▼ 51.3% |
| Suppliers440/4 | €1.1m | €1.2m | €1.2m | €2.3m | €1.1m | ▼ 51.3% |
| Taxes, remuneration and social security45 | €520,441 | €330,435 | €646,279 | €751,898 | €997,907 | ▲ 32.7% |
| Taxes450/3 | €261,678 | - | €207,431 | €318,129 | €549,366 | ▲ 72.7% |
| Remuneration and social security454/9 | €258,763 | €330,435 | €438,848 | €433,768 | €448,540 | ▲ 3.4% |
| Other amounts payable47/48 | €0 | - | €850,000 | - | €1.3m | - |
| Accrued charges and deferred income492/3 | €5,290 | - | €295 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €343,250 | €392,379 | €1.0m | €1.2m | €1.7m | ▲ 40.3% |
| + Depreciation and write-downs630 | €85,724 | €82,818 | €88,915 | €119,277 | €82,740 | ▼ 30.6% |
| Operating cash flow (approximation) | €428,973 | €475,197 | €1.1m | €1.3m | €1.8m | ▲ 33.9% |
| Investment in fixed assets (approximation) | - | €8,412 | -€159,868 | -€101,896 | -€1.2m | ▼ 1,039% |
| Change in cash | - | -€479,615 | €233,847 | €240,422 | €34,403 | ▼ 85.7% |
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
14-08
State Gazette act
Capital & shares · RestructuringMerger4 facts ▸
- Board meeting, 17-07-2026
- Merger, verrichting gelijkgesteld met een fusie door overneming, jaarrekening afgesloten op 31 december 2025
- Other statement, inlichtingen aan aandeelhouders, ieder aandeelhouder heeft een kopie ontvangen van de twee voorstellen
- Other statement, beschrijving overgedragen vermogen, het geheel van haar activa en passiva, niets uitgezonderd noch voorbehouden
05-06
State Gazette act
RestructuringMerger · Declaration · Proposal11 facts ▸
- Merger, absorption, kan de fusie worden beslist door de bestuursorganen zonder goedkeuring van de algemene vergadering
- Board meeting, 27-05-2026
- Declaration, engagement to achieve merger, sous les conditions mentionnées ci-après
- Proposal, merger project submission, conditions prévues à l'article 12:53, §6 du CSA étant remplies, la fusion peut être décidée par les organes d'administration des soci…
- Declaration, acknowledgement of legal obligation to deposit and publish merger project, 6 semaines au moins avant l'assemblée générale extraordinaire
- Declaration, no special rights for shareholders or holders of other securities in the absorbed company
- Declaration, no special advantages for members of the management bodies of the merging companies
- Board meeting, 27-05-2026
- Board meeting, 27-05-2026
- Declaration, wettelijke verplichting tot neerlegging en publicatie van het fusievoorstel, ten minste 6 weken vóór de buitengewone algemene vergadering
- Declaration, wettelijke verplichting tot neerlegging en publicatie van het fusievoorstel, ten minste 6 weken vóór de buitengewone algemene vergadering
05-06
State Gazette act
Resignation: Benjamin Francq (day-to-day manager)Appointments: Michael Cosentino (day-to-day manager) and Marion Geffraye (day-to-day manager)4 facts ▸
- Board meeting, 29-04-2026
- Director resignation, Benjamin Francq (day-to-day manager)
- Director appointment, Michael Cosentino (day-to-day manager)
- Director appointment, Marion Geffraye (day-to-day manager)
Show earlier events
About the unread acts
Of the 16 Belgian State Gazette acts we know for this company, 3 have been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Day-to-day management 2
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0095/00E008 | Flanders | 2.4 ha | 1 · 2,702 m² | - |
Linked by address, not proof of ownership
Mandate history
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Marion Geffraye |
|
| Michael Cosentino |
|
| Benjamin Francq |
|
Articles of association
Full purpose (10 activities)
- De ontwikkeling, productie, commercialisatie, opslag en distributie van farmaceutische producten en aanverwanten, en alles wat hiermee rechtstreeks of onrechtstreeks verband houdt
- Mandaten van bestuurder, afgevaardigd-bestuurder of vereffenaar van vennootschappen uitoefenen
- Zich borg stellen en goederen in pand geven of hypothekeren
- Alle verrichtingen doen die betrekking hebben op haar maatschappelijk doel of die van aard zijn om bij te dragen tot de ontwikkeling en vergemakkelijking ervan
- Door inbreng, fusie, inschrijving, deelneming, financiële tussenkomst, of op welke andere wijze, belangen nemen in elke bestaande of op te richten vennootschap of onderneming zowel in België als in het buitenland, waarvan de doelstellingen gelijkaardig of verwant zijn aan het hare of ermee samenhangend zijn
- Samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of zijdelings, belangen nemen in ondernemingen van alleriei aard
- Alle verbintenissen aangaan
- Kredieten en leningen toestaan
- Zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven inclusief de eigen handelszaak
- Alles doen wat verband houdt met bovengenoemd doel of kan bijdragen tot de realisatie ervan
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- PONROY VITARMONYL BENELUX
- ixX pharma
Highest known parent: PONROY VITARMONYL BENELUX. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 1
-
100%
According to the 2025 annual accounts of ixX 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
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
Acquisitions and mergers
1 transactionRecognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.