JUBILANT LIFE SCIENCES
ActiveJUBILANT LIFE SCIENCES has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €8.89M and a net result of €2.02M. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 35% of 134 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability54▲+6
Solvency61▲+16
Growth63▼-6
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600k at 30 days acceptable
Liquidity ample (current ratio 4.0 against 3.73 in 2025; short-term debt: 25% and cash: 3.6% of total assets), but 63.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
36.5%
Return on assets
8.3%
Age of the figures
6 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 25-08-2026, 67 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
67 d early
2025
128 d early
2024
73 d early
2023
4 d early
2022
4 d early
2021
31 d early
2020
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, full schema
Turnover
€46.57M▼ 27.1%
2025 · €63.91M
2019: €45.97M
2020: €38.65M
2021: €37.84M
2022: €75.34M
2023: €81.32M
2024: €67.17M
2025: €63.91M
2019 → 2026
EBIT margin
4.5%▲ 0.5pp
2025 · 4.0%
2019: 1.9%
2020: 2.2%
2021: 5.1%
2022: 4.1%
2023: 1.8%
2024: 1.8%
2025: 4.0%
2019 → 2026
Net result
€2.02M▲ 51.7%
2025 · €1.33M
2019: €622k
2020: €540k
2021: €1.39M
2022: €1.37M
2023: €282k
2024: €211k
2025: €1.33M
2019 → 2026
Working capital
€18.27M▼ 26.0%
2025 · €24.68M
2019: €1.76M
2020: €3.39M
2021: €4.70M
2022: €22.56M
2023: €22.97M
2024: €23.35M
2025: €24.68M
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Turnover€75.34M-€81.32M▲ 7.9%€67.17M▼ 17.4%€63.91M▼ 4.9%€46.57M▼ 27.1%
Equity€5.05M-€5.34M▲ 5.6%€5.55M▲ 4.0%€6.88M▲ 24.0%€8.89M▲ 29.3%
Operating result€3.06M-€1.45M▼ 52.4%€1.19M▼ 18.1%€2.57M▲ 116%€2.12M▼ 17.7%
Net result€1.37M-€282k▼ 79.4%€211k▼ 24.9%€1.33M▲ 529%€2.02M▲ 51.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2026; 2026 is 18% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €24.38M
Fixed assets
€20k▼ 0.4%
Current assets
€24.36M▼ 27.8%
Equity and liabilities €24.38M
Equity
€8.89M▲ 29.3%
Debt
€15.49M▼ 42.4%
The debt ratio falls from 79.6% to 63.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.12M▼
2025 · €2.57M
Cash flow
€2.02M▲
2025 · €1.33M
Solvency
36.5%▲
2025 · 20.4%
Current ratio
4.00▲
2025 · 3.73
Quick ratio
2.80▲
2025 · 2.66
Debt / equity
1.74▼
2025 · 3.91
ROE
22.7%▲
2025 · 19.3%
ROA
8.3%▲
2025 · 3.9%
Interest coverage
3.89▲
2025 · 3.61
Debt
€15.49M▼
2025 · €26.88M
Debt ≤ 1 year
€6.09M▼
2025 · €9.06M
Debt > 1 year
€9.40M▼
2025 · €17.82M
Income taxes
€677k▲
2025 · €450k
Staff costs
€803k▲
2025 · €380k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€33.75M€24.38M▼
Fixed assets21/28€21k€20k▼
Tangible fixed assets22/27€16k€12k▼
Furniture and vehicles24€16k€12k▼
Financial fixed assets28€5k€8k▲
Other financial fixed assets284/8€5k€8k▲
Amounts receivable and cash guarantees285/8€5k€8k▲
Current assets29/58€33.73M€24.36M▼
Stocks and contracts in progress3€9.68M€7.29M▼
Stocks30/36€9.68M€7.29M▼
Raw materials and consumables30/31€9.68M€7.29M▼
Amounts receivable within one year40/41€22.39M€16.17M▼
Trade receivables40€22.34M€16.12M▼
Other amounts receivable41€50k€51k▲
Cash at bank and in hand54/58€1.63M€872k▼
Deferred charges and accrued income490/1€30k€32k▲
Equity and liabilities
Total equity and liabilities10/49€33.75M€24.38M▼
Equity10/15€6.88M€8.89M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€6.77M€8.78M▲
Amounts payable17/49€26.88M€15.49M▼
Amounts payable after more than one year17€17.82M€9.40M▼
Other amounts payable178/9€17.82M€9.40M▼
Amounts payable within one year42/48€9.06M€6.09M▼
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€8.94M€6.05M▼
Suppliers440/4€8.94M€6.05M▼
Taxes, remuneration and social security45€111k€40k▼
Taxes450/3€110k€40k▼
Remuneration and social security454/9€700-
Income statement
Code20252026
Operating income70/76A€63.94M€46.62M▼
Turnover70€63.91M€46.57M▼
Other operating income74€28k€53k▲
Operating charges60/66A€61.37M€44.51M▼
Goods for resale, raw materials and consumables60€60.61M€43.32M▼
Purchases600/8€58.07M€40.96M▼
Change in stocks: decrease (increase)609€2.55M€2.36M▼
Services and other goods61€369k€372k▲
Remuneration, social security and pensions62€380k€803k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€3k€3k▲
Operating profit (loss)9901€2.57M€2.12M▼
Financial income75/76B€216k€1.46M▲
Recurring financial income75€216k€1.46M▲
Other financial income752/9€216k€1.46M▲
Financial charges65/66B€1.01M€885k▼
Recurring financial charges65€1.01M€885k▼
Debt charges650€713k€545k▼
Other financial charges652/9€295k€340k▲
Profit (loss) for the period before taxes9903€1.78M€2.69M▲
Income taxes67/77€450k€677k▲
Taxes670/3€450k€677k▲
Profit (loss) for the period9904€1.33M€2.02M▲
Profit (loss) for the period to be appropriated9905€1.33M€2.02M▲
Appropriation of the result
Profit (loss) to be appropriated9906€6.77M€8.78M▲
Profit (loss) brought forward from the previous period14P€5.44M€6.77M▲
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (32 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
10-09
State Gazette act
General meeting · Auditor reappointmentGeneral meeting · Auditor reappointment · Permanent representative3 facts ▸
State Gazette act
General meeting · Auditor reappointment
General meeting · Auditor reappointment · Permanent representative3 facts ▸
- General meeting, 2026-08-18
- Auditor reappointment, 3 years, 2028-03-31
- Permanent representative, Bart Roobrouck
25-08
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
31-03
Financial
Highest result since 2019net €2.02M ▲51.7%
Net result €2.02M, the highest in the series.
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Weakest financial yearnet €211k ▼24.9%
Net result drops to €211k, the lowest in the series; recovery starts the following year.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Equity above €5MEq €5.05M ▲37.1%
4 profitable years in a row build equity to €5.05M.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Equity above €2MEq €2.30M ▲30.7%
2 profitable years in a row build equity to €2.30M.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
24-03-2026
Gangwar Rishi: Resigned as Director
24-03-2026
Sharma Vinay: Resigned as Director
01-07-2024
Pandey Chandroday: Resigned as Director
01-07-2024
Pramod Yadav: Resigned as Director
03-08-2022
Taneja Puneet: Resigned as Director
23-11-2020
Thomas Vermeersch: Resigned as Director
31-03-2018
Shyam S. Bhartia: Resigned as Director
31-01-2018
Ashish Gupta: Resigned as Director
01-10-2015
Pramod Yadav: Resigned as Director
01-10-2015
Chandan Singh Sengar: Resigned as Director
Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Guldensporenpark 229820 Merelbeke-MelleGround area
3.0 ha
Building footprint
606 m²
Volume, LiDAR
12,257 m³
Parcel 44043A0411/00H000, Flanders · tallest building 21.6 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
JUBILANT LIFE SCIENCES
since 20132.220.508.459
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44043A0411/00H000 | Flanders | 3.0 ha | 1 · 606 m² | 21.6 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| VRC BEDRIJFSREVISORENCurrent Auditor · represented by Bart Roobrouck | 18-08-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteMerelbeke-Melle2.220.508.459
Similar companies · same sector, comparable size
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D.E.M., DEVELOPEMENT, EQUIPEMENTS, MATERIAUX
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NUTREX
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NOVASOL
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Of 1,229 companies in sector 46851 we hold annual accounts for 516. 248 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-07-2013
Fiscal year end31-03
Activities, NACEBEL
46851Wholesale of industrial chemicals
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.