Skip to content

MULTIPHARMA GROUP

Active
Cooperative companyfounded 1912active for 114 yearsMarie Curiesquare 30, 1070 Anderlecht, Belgium14 active companies are registered at this addressKBO/BCE: BE 0401.995.516
Summary

MULTIPHARMA GROUP has been active since 1912 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €164.7m and a net result of -€242,114. Equity is growing by about 18% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€166.0mtotal assets 2025
Equity
€164.7m
Loss
-€242,114
Standalone figures, without subsidiaries
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Largest shareholder
Financière Botanique · 10%
Board
4 members
Holdings
1
Accounts 36 days early6 of 106 deeds read
Why 95raises riskLiquidity: current ratio 0.62, cash €250,731lowers riskSize: total assets €166.0m, files consolidated accountsFounded in 1912Equity €164.7m (99.2% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (no NACE code, large)
Financial strength · tick = 2024
Average
Solvency 100=
equity 99.2% of total assets
Liquidity 50=
short-term debt 0.8% · cash 0.2%
Profitability 37=
return on assets -0.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €15,600,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.62, compared with 1.06 in 2024, below 1; short-term debt: 0.8% and cash: 0.2% of total assets), and 0.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, large): better than 67% on solvency, 54% on liquidity, 35% on profitability and 84% on growth.

The bankruptcy probability was computed on 14-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €166.0m, files consolidated accounts
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.62, cash €250,731
NBB · annual accounts
lowers risk · Founded in 1912
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €164.7m (99.2% of total assets)
NBB · annual accounts
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 25-06-2026, 36 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
36 days early
2024
38 days early
2023
14 days early
2022
2 days late
2021
6 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 18 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 18 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · consolidated
  2. Annual accounts filedfinancial year 2025 · full…
  3. Resignation: Sarah WILLOCKX (director)Reappointment: Mieke VANMARCKE (director) ·…

Key points

  • Caution: Result fell in 2025from -€60,057 to -€242,114 ▼ 303% View
  • Board changedlatest change 23-06-2026 · 4 in office 4 joined · 1 left View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€242,114 View
  • Active since 1912founded 17-07-1912 114 years View
  • Known shareholderslargest: Financière Botanique 10% 100% View

By topic

Financials

Financial year
2025
Total assets
€166.0m
Loss
-€242,114
Solvency
99.2%
Total assets▲ 26.0%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Largest shareholder
Financière Botanique · 10%
Known shareholders
100%
  • Bart BECKSDirector
  • Jean Paul PHILIPPOTDirector
  • Lieven MEERTDirector
  • Mieke VANMARCKEDirector
Go to Board & ownership

Timeline

Events
79
Since
1979
Next accounts
by 31-07-2027
  1. 31-12-2025Weakest financial year
  2. 30-09-2025Appointments: Jean-Paul PHILIPPOT (independent director) and Bart…
  3. 03-07-2025Resignations: Francis COLARIS (director) and BV MARC…
Go to Timeline

Company details

Sites
1
Legal form
Cooperative company
Founded
17-07-1912
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.