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NN Phar

Active
Private limited companyfounded 20232 yrs activeRue du Stampia,St Germain 37, 5310 Eghezée, BelgiumKBO/BCE: BE 1002.972.080
Summary

The computed 12-month bankruptcy probability of NN Phar is 2.2% (moderate). The 2025 annual accounts show equity of €6,497 and a net result of €727. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 18537 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability45▼-26
Solvency64▲+3
Growth52▼-26
Track record82
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 30-07-2026, 1 day ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
1 d early
2024
31 d early
2023
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 1 day before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

NN Phar was incorporated on 4 December 2023 as a Private limited company.1 Total assets rose from EUR 8,086 in 2023 to EUR 16,773 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€6,497▲ 12.6%
2024 · €5,770
Total assets
€16,773▲ 5.8%
2024 · €15,861
Net result
€727▼ 69.3%
2024 · €2,370
Working capital
€4,615▲ 15.2%
2024 · €4,005
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€2,647-€5,239▲ 97.9%€3,534▼ 32.5%
Net result€1,900-€2,370▲ 24.8%€727▼ 69.3%
Equity€3,400-€5,770▲ 69.7%€6,497▲ 12.6%
Total assets€8,086-€15,861▲ 96.2%€16,773▲ 5.8%
Debt€4,686-€10,091▲ 115%€10,277▲ 1.8%
Working capital€2,246-€4,005▲ 78.4%€4,615▲ 15.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,000€4,000€6,000Operating result 2023: €2,647€2,647Net result 2023: €1,900€1,900Operating result 2024: €5,239€5,239Net result 2024: €2,370€2,370Operating result 2025: €3,534€3,534Net result 2025: €727€727202320242025€0€2,000€4,000€6,000Operating result 2023: €2,647€2,650Net result 2023: €1,900€1,900Operating result 2024: €5,239€5,240Net result 2024: €2,370€2,370Operating result 2025: €3,534€3,530Net result 2025: €727€727202320242025
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16,773
Fixed assets €2,061 ▲ 16.8%
Current assets €14,712 ▲ 4.4%
Equity and liabilities €16,773
Equity €6,497 ▲ 12.6%
Debt €10,277 ▲ 1.8%
Debt's share of the balance-sheet total falls from 63.6% to 61.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,584▼
2024 · €6,111
Cash flow
€1,777▼
2024 · €3,243
Current ratio
1.46▲
2024 · 1.40
Debt to equity
1.58▼
2024 · 1.75
ROE
11.2%▼
2024 · 41.1%
ROA
4.3%▼
2024 · 14.9%
Interest coverage
2.52▼
2024 · 4.02
Debt ≤ 1 year
€10,097▲
2024 · €10,091
Income taxes
€996▼
2024 · €1,346
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,548 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
1.8% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 2,548 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€15,861€16,773▲
Fixed assets21/28€1,765€2,061▲
Tangible fixed assets22/27€1,765€2,061▲
Furniture and vehicles24€1,765€2,061▲
Current assets29/58€14,096€14,712▲
Amounts receivable within one year40/41€12,389€11,870▼
Trade receivables40€12,124€11,617▼
Other amounts receivable41€265€254▼
Cash at bank and in hand54/58€1,259€2,666▲
Deferred charges and accrued income490/1€448€175▼
Equity and liabilities
Total equity and liabilities10/49€15,861€16,773▲
Equity10/15€5,770€6,497▲
Contributions10/11€1,500€1,500=
Profit (loss) carried forward14€4,270€4,997▲
Amounts payable17/49€10,091€10,277▲
Amounts payable within one year42/48€10,091€10,097▲
Trade debts44€148-
Suppliers440/4€148-
Taxes, remuneration and social security45€6,318€6,469▲
Taxes450/3€6,318€6,469▲
Other amounts payable47/48€3,625€3,628▲
Accrued charges and deferred income492/3-€180
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€873€1,050▲
Other operating charges640/8€1,592€727▼
Gross operating margin9900€7,703€5,311▼
Operating profit (loss)9901€5,239€3,534▼
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€1,522€1,821▲
Recurring financial charges65€1,522€1,821▲
Profit (loss) for the period before taxes9903€3,716€1,723▼
Income taxes67/77€1,346€996▼
Profit (loss) for the period9904€2,370€727▼
Profit (loss) for the period to be appropriated9905€2,370€727▼
Appropriation of the result
Profit (loss) to be appropriated9906€4,270€4,997▲
Profit (loss) brought forward from the previous period14P€1,900€4,270▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46€873€1,050▲ 20.3%
Other operating charges640/8€48€1,592€727▼ 54.3%
Gross operating margin9900€2,741€7,703€5,311▼ 31.1%
Operating profit (loss)9901€2,647€5,239€3,534▼ 32.5%
Financial income75/76B--€10-
Recurring financial income75--€10-
Financial charges65/66B€115€1,522€1,821▲ 19.7%
Recurring financial charges65€115€1,522€1,821▲ 19.7%
Profit (loss) for the period before taxes9903€2,533€3,716€1,723▼ 53.6%
Income taxes67/77€633€1,346€996▼ 26.0%
Profit (loss) for the period9904€1,900€2,370€727▼ 69.3%
Profit (loss) for the period to be appropriated9905€1,900€2,370€727▼ 69.3%
Line202320242025Change
Assets
Total assets20/58€8,086€15,861€16,773▲ 5.8%
Fixed assets21/28€1,154€1,765€2,061▲ 16.8%
Tangible fixed assets22/27€1,154€1,765€2,061▲ 16.8%
Furniture and vehicles24€1,154€1,765€2,061▲ 16.8%
Current assets29/58€6,932€14,096€14,712▲ 4.4%
Amounts receivable within one year40/41€6,932€12,389€11,870▼ 4.2%
Trade receivables40€6,932€12,124€11,617▼ 4.2%
Other amounts receivable41-€265€254▼ 4.1%
Cash at bank and in hand54/58-€1,259€2,666▲ 112%
Deferred charges and accrued income490/1-€448€175▼ 60.9%
Equity and liabilities
Total equity and liabilities10/49€8,086€15,861€16,773▲ 5.8%
Equity10/15€3,400€5,770€6,497▲ 12.6%
Contributions10/11€1,500€1,500€1,500=
Profit (loss) carried forward14€1,900€4,270€4,997▲ 17.0%
Amounts payable17/49€4,686€10,091€10,277▲ 1.8%
Amounts payable within one year42/48€4,686€10,091€10,097▲ 0.1%
Trade debts44-€148--
Suppliers440/4-€148--
Taxes, remuneration and social security45€1,405€6,318€6,469▲ 2.4%
Taxes450/3€1,405€6,318€6,469▲ 2.4%
Other amounts payable47/48€3,282€3,625€3,628▲ 0.1%
Accrued charges and deferred income492/3--€180-
Line202320242025Change
Profit (loss) for the period9904€1,900€2,370€727▼ 69.3%
+ Depreciation and write-downs630€46€873€1,050▲ 20.3%
Operating cash flow (approximation)€1,946€3,243€1,777▼ 45.2%
Investment in fixed assets (approximation)--€1,484-€1,347▲ 9.2%
Change in cash--€1,407-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €727 ▼69.3%
Net result drops to €727, the lowest in the series.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2023net €2,370 ▲24.8%
Operating result €5,239, net result €2,370, both a record.
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Eghezée · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,522 m²
Building footprint
112 m²
Parcel 92105B0160/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue du Stampia,St Germain 37, 5310 Eghezée
Manufacture of basic pharmaceutical products and pharmaceutical preparations
since 20232.353.893.753
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92105B0160/00F000 Wallonia 1,522 m² 1 · 112 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 5,220 companies in sector 47730 we hold annual accounts for 3,860. 571 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
21100Manufacture of basic pharmaceutical products and pharmaceutical preparations
21201Manufacture of basic pharmaceutical products and pharmaceutical preparations
21209Manufacture of basic pharmaceutical products and pharmaceutical preparations
Contact
E-mail nico.naessens@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002972080
Also 9925:BE1002972080
Registered 16-12-2024

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.