NEWPHARMA

Active

Public limited companyfounded 201115 yrs activeRue Basse-Wez 315/317, 4020 Liège, BelgiumKBO/BCE: BE 0838.666.156

NEWPHARMA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.52M and a net result of €273k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 4122 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2025

68 / 100

Healthy▲ +48 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability27▲+19

Solvency20▲+2

Growth64▼-4

Stability100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €170k at 30 days acceptable

Liquidity tight (current ratio 1.14 against 1.1 in 2024), and 90.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Ten signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

9.2%

Return on assets

Age of the figures

17 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 4122 sector peers (2025).

NBB · sector comparison

Position among 4122 sector peers

Solvency

better than 20%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 25-09-2025, 36 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

36 d early

2024

42 d early

2022

26 d early

2021

25 d early

2020

3 d early

2019

14 d late

2018

6 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-03-2026 close14-09-2026 today31-10-2026 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

€201.85M▼ 10.8%

2024 · €226.23M

2018: €81.77M 2019: €95.33M 2020: €145.12M 2021: €154.00M 2022: €162.84M 2024: €226.23M

2018 → 2025

EBIT margin

0.1%▲ 0.3pp

2024 · -0.2%

2018: 1.5% 2019: 0.4% 2020: -0.4% 2021: 0.5% 2022: -0.9% 2024: -0.2%

2018 → 2025

Net result

€273k

2024 · €-285k

2018: €290k 2019: €-498k 2020: €-1.80M 2021: €-273k 2022: €-1.39M 2024: €-285k

2018 → 2025

Working capital

€3.38M▲ 27.9%

2024 · €2.64M

2018: €1.21M 2019: €742k 2020: €1.46M 2021: €-33k 2022: €3.16M 2024: €2.64M

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220242025Trend

Turnover€145.12M-€154.00M▲ 6.1%€162.84M▲ 5.7%€226.23M▲ 38.9%€201.85M▼ 10.8%

Equity€-810k-€-1.08M▼ 33.8%€2.53M€2.24M▼ 11.3%€2.52M▲ 12.2%

Operating result€-567k-€741k€-1.40M€-461k▲ 67.1%€124k

Net result€-1.80M-€-273k▲ 84.8%€-1.39M▼ 408%€-285k▲ 79.4%€273k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €124k after a loss of €461k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €27.43M

98.7%

Fixed assets €345k▼ 4.0%

Current assets €27.09M▼ 9.7%

Equity and liabilities €27.43M

89.6%

Equity €2.52M▲ 12.2%

Provisions €340k▲ 1.5%

Debt €24.57M▼ 11.5%

The debt ratio falls from 91.5% to 89.6%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€140k▲

2024 · €-441k

Cash flow

€289k▲

2024 · €-265k

Solvency

9.2%▲

2024 · 7.4%

Current ratio

1.14▲

2024 · 1.10

Quick ratio

0.55▼

2024 · 0.65

Debt / equity

9.76▼

2024 · 12.37

ROE

10.9%▲

2024 · -12.7%

ROA

1.0%▲

2024 · -0.9%

Interest coverage

10.99▲

2024 · -34.26

Debt

€24.57M▼

2024 · €27.76M

Debt ≤ 1 year

€23.70M▼

2024 · €27.33M

Income taxes

€2k▼

2024 · €6k

Staff costs

€1.25M▼

2024 · €1.53M

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€30.34M€27.43M▼

Fixed assets21/28€359k€345k▼

Intangible fixed assets21€15k€9k▼

Tangible fixed assets22/27€138k€128k▼

Land and buildings22€136k€127k▼

Furniture and vehicles24€0€1k▲

Other tangible fixed assets26€3k€0▼

Financial fixed assets28€206k€208k▲

Affiliated companies280/1€57k€57k=

Participating interests280€57k€57k=

Other financial fixed assets284/8€149k€151k▲

Amounts receivable and cash guarantees285/8€149k€151k▲

Current assets29/58€29.98M€27.09M▼

Stocks and contracts in progress3€12.10M€14.09M▲

Stocks30/36€12.10M€14.09M▲

Raw materials and consumables30/31-€925

Goods purchased for resale34€12.10M€14.09M▲

Amounts receivable within one year40/41€9.80M€6.69M▼

Trade receivables40€3.37M€6.00M▲

Other amounts receivable41€6.43M€688k▼

Cash at bank and in hand54/58€7.07M€4.97M▼

Deferred charges and accrued income490/1€1.01M€1.34M▲

Equity and liabilities

Total equity and liabilities10/49€30.34M€27.43M▼

Equity10/15€2.24M€2.52M▲

Contributions10/11€5.05M€5.05M=

Capital10-€5.05M

Issued capital100-€5.05M

Reserves13€5k€5k=

Non-distributable reserves130/1€5k€5k=

Reserves not available under the articles1311€5k€5k=

Profit (loss) carried forward14€-2.81M€-2.54M▲

Provisions and deferred taxes16€335k€340k▲

Provisions for liabilities and charges160/5€335k€340k▲

Other liabilities and charges164/5€335k€340k▲

Amounts payable17/49€27.76M€24.57M▼

Amounts payable within one year42/48€27.33M€23.70M▼

Trade debts44€24.22M€20.40M▼

Suppliers440/4€24.22M€20.40M▼

Taxes, remuneration and social security45€3.11M€3.30M▲

Taxes450/3€2.88M€3.08M▲

Remuneration and social security454/9€232k€216k▼

Other amounts payable47/48€176€536▲

Accrued charges and deferred income492/3€425k€869k▲

Income statement Code20242025

Operating income70/76A€226.28M€201.88M▼

Turnover70€226.23M€201.85M▼

Other operating income74€43k€36k▼

Operating charges60/66A€226.74M€201.76M▼

Goods for resale, raw materials and consumables60€162.12M€144.87M▼

Purchases600/8€164.21M€146.84M▼

Change in stocks: decrease (increase)609€-2.08M€-1.97M▲

Services and other goods61€63.64M€55.55M▼

Remuneration, social security and pensions62€1.53M€1.25M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€16k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-421k€35k▲

Provisions for liabilities and charges: additions (uses and reversals)635/8€-257k€5k▲

Other operating charges640/8€107k€37k▼

Operating profit (loss)9901€-461k€124k▲

Financial income75/76B€247k€184k▼

Recurring financial income75€247k€184k▼

Income from current assets751€188k€136k▼

Other financial income752/9€60k€48k▼

Financial charges65/66B€66k€32k▼

Recurring financial charges65€66k€32k▼

Debt charges650€13k€13k▼

Other financial charges652/9€53k€20k▼

Profit (loss) for the period before taxes9903€-280k€276k▲

Income taxes67/77€6k€2k▼

Taxes670/3€6k€2k▼

Tax adjustments and reversals of tax provisions77-€33

Profit (loss) for the period9904€-285k€273k▲

Profit (loss) for the period to be appropriated9905€-285k€273k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-2.81M€-2.54M▲

Profit (loss) brought forward from the previous period14P€-2.53M€-2.81M▼

Social balance

Average headcount (FTE)908714.714.6▼

The notes to these accounts (54 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-10-2026

2025

25-09

NBB filing Annual accounts filed

fiscal year 2025 · full schema

31-03

Financial Back to profitnet €273k

Net result €273k after 5 loss-making years.

2024

19-09

NBB filing Annual accounts filed

fiscal year 2024 · unclassified schema

2023

05-07

NBB filing Annual accounts filed

fiscal year 2022 · unclassified schema

2022

31-12

Financial Equity above €2MEq €2.53M

Equity rises from €-1.08M to €2.53M.

06-07

NBB filing Annual accounts filed

fiscal year 2021 · unclassified schema

2021

28-07

NBB filing Annual accounts filed

fiscal year 2020 · unclassified schema

2020

31-12

Financial Weakest financial yearnet €-1.80M

Net result drops to €-1.80M, the lowest in the series; recovery starts the following year.

14-08

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 14 days late

2019

25-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

10-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

25-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

28-09

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 59 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Liège · 2 establishment units since 2011

establishment All 2 establishment units on the map

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.

Rue Basse-Wez 315/3174020 Liège

Ground area

2.8 ha

Building footprint

113 m²

Volume, LiDAR

891 m³