NORMAPHAR
ActiveSummary
The computed 12-month bankruptcy probability of NORMAPHAR is 3.1% (moderate). For NORMAPHAR, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€61,995) and a net result of -€101,665. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0▼-57
Growth58=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-238.2%
Return on assets
-390.5%
Age of the figures
33 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-12-2024, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
153 d late
2022
31 d late
2021
30 d late
2020
12 d late
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 42 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€101,665▲ 64.1%
2022 · -€283,496
Working capital
-€16,075
2022 · €85,590
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
Line20192020202120222023
Operating result-€404,919▲ 53.5%-€200,333▲ 50.5%€734,882-€281,774-€100,770▲ 64.2%
Net result-€416,766▲ 54.0%-€636,812▼ 52.8%€727,720-€283,496-€101,665▲ 64.1%
Equity€682,257▲ 56.5%€45,445▼ 93.3%€323,165▲ 611%€39,669▼ 87.7%-€61,995
Total assets€1.8m▼ 5.7%€759,223▼ 57.9%€419,407▼ 44.8%€122,716▼ 70.7%€26,031▼ 78.8%
Debt€1.1m▼ 28.2%€713,778▼ 32.7%€96,241▼ 86.5%€33,047▼ 65.7%€38,027▲ 15.1%
Working capital€284,093-€29,254€319,086€85,590▼ 73.2%-€16,075
Staff (FTE)6.5▼ 33.0%2.4▼ 63.1%1▼ 58.3%0.3▼ 70.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €100,770 in 2023 against €281,774 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €26,031
Fixed assets
€4,079 =
Current assets
€21,952 ▼ 81.5%
Key figures and ratios
Solvency
-238.2%▼
2022 · 32.3%
Current ratio
0.58▼
2022 · 3.59
Debt to equity
-0.61▼
2022 · 0.83
ROA
-390.5%▼
2022 · -231.0%
Debt ≤ 1 year
€38,027▲
2022 · €33,047
Income taxes
€73▼
2022 · €209
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1.6m | - | - | - |
| Remuneration, social security and pensions62 | - | - | €62,404 | €37,564 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,323 | €47,619 | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €169,838 | €93,000 | ▼ 45.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €50,000 | - | - |
| Other operating charges640/8 | - | - | €3,684 | €959 | €1,159 | ▲ 20.9% |
| Non-recurring operating charges66A | - | - | €470,619 | - | - | - |
| Gross operating margin9900 | €197,270 | €65,526 | €1.3m | -€23,413 | -€6,611 | ▲ 71.8% |
| Operating profit (loss)9901 | -€404,919 | -€200,333 | €734,882 | -€281,774 | -€100,770 | ▲ 64.2% |
| Recurring financial income75 | €9,740 | €8,802 | - | - | - | - |
| Financial charges65/66B | - | - | €7,129 | €1,513 | €822 | ▼ 45.7% |
| Recurring financial charges65 | €21,819 | €32,785 | €7,129 | €1,513 | €822 | ▼ 45.7% |
| Profit (loss) for the period before taxes9903 | -€416,997 | -€634,315 | €727,753 | -€283,287 | -€101,592 | ▲ 64.1% |
| Income taxes67/77 | -€231 | €2,497 | €32 | €209 | €73 | ▼ 64.9% |
| Profit (loss) for the period9904 | -€416,766 | -€636,812 | €727,720 | -€283,496 | -€101,665 | ▲ 64.1% |
| Profit (loss) for the period to be appropriated9905 | -€416,766 | -€636,812 | €727,720 | -€283,496 | -€101,665 | ▲ 64.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €759,223 | €419,407 | €122,716 | €26,031 | ▼ 78.8% |
| Fixed assets21/28 | €803,438 | €374,699 | €4,079 | €4,079 | €4,079 | = |
| Intangible fixed assets21 | €382,279 | €370,619 | - | - | - | - |
| Tangible fixed assets22/27 | €959 | - | - | - | - | - |
| Financial fixed assets28 | €420,200 | €4,079 | €4,079 | €4,079 | €4,079 | = |
| Current assets29/58 | €999,366 | €384,525 | €415,328 | €118,637 | €21,952 | ▼ 81.5% |
| Amounts receivable after more than one year29 | - | - | €274,338 | €100,000 | - | - |
| Other amounts receivable291 | - | - | €274,338 | €100,000 | - | - |
| Stocks and contracts in progress3 | €151,779 | €74,375 | - | - | - | - |
| Amounts receivable within one year40/41 | €355,859 | €35,317 | €97,335 | €14,939 | €14,958 | ▲ 0.1% |
| Trade receivables40 | - | - | €84,330 | €8,998 | €8,998 | = |
| Other amounts receivable41 | - | - | €13,006 | €5,940 | €5,960 | ▲ 0.3% |
| Cash at bank and in hand54/58 | €64,917 | - | €43,160 | €499 | €150 | ▼ 69.9% |
| Deferred charges and accrued income490/1 | - | - | €494 | €3,199 | €6,844 | ▲ 114% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €759,223 | €419,407 | €122,716 | €26,031 | ▼ 78.8% |
| Equity10/15 | €682,257 | €45,445 | €323,165 | €39,669 | -€61,995 | ▼ 256% |
| Contributions10/11 | €642,095 | €642,095 | €3.3m | €3.3m | €3.3m | = |
| Capital10 | - | - | €192,095 | €192,095 | €192,095 | = |
| Issued capital100 | - | - | €197,760 | €197,760 | €197,760 | = |
| Uncalled capital101 | - | - | €5,665 | €5,665 | €5,665 | = |
| Outside capital11 | - | - | €3.1m | €3.1m | €3.1m | = |
| Share premium1100/10 | - | - | €3.1m | €3.1m | €3.1m | = |
| Profit (loss) carried forward14 | -€3.0m | -€3.7m | -€2.9m | -€3.2m | -€3.3m | ▼ 3.2% |
| Provisions and deferred taxes16 | €60,000 | - | - | €50,000 | €50,000 | = |
| Provisions for liabilities and charges160/5 | - | - | - | €50,000 | €50,000 | = |
| Other liabilities and charges164/5 | - | - | - | €50,000 | €50,000 | = |
| Amounts payable17/49 | €1.1m | €713,778 | €96,241 | €33,047 | €38,027 | ▲ 15.1% |
| Amounts payable after more than one year17 | €345,274 | €300,000 | - | - | - | - |
| Amounts payable within one year42/48 | €715,273 | €413,778 | €96,241 | €33,047 | €38,027 | ▲ 15.1% |
| Trade debts44 | €112,298 | €68,682 | €83,934 | €32,546 | €37,526 | ▲ 15.3% |
| Suppliers440/4 | - | - | €83,934 | €32,546 | €37,526 | ▲ 15.3% |
| Taxes, remuneration and social security45 | - | - | €9,306 | - | - | - |
| Remuneration and social security454/9 | - | - | €9,306 | - | - | - |
| Other amounts payable47/48 | - | - | €3,001 | €501 | €501 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€416,766 | -€636,812 | €727,720 | -€283,496 | -€101,665 | ▲ 64.1% |
| + Depreciation and write-downs630 | €57,323 | €47,619 | - | - | - | - |
| Operating cash flow (approximation) | -€359,443 | -€589,193 | €727,720 | -€283,496 | -€101,665 | ▲ 64.1% |
| Investment in fixed assets (approximation) | - | €381,121 | €370,619 | €0 | €0 | - |
| Change in cash | - | - | - | -€42,661 | -€349 | ▲ 99.2% |
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
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 153 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Back to profitnet €727,720
Net result €727,720 after 3 loss-making years.
31-12
Financial
Liquidity times 5current ratio 4.32
Current ratio from 0.93 to 4.32; short-term debt falls from €413,778 to €96,241.
31-12
Financial
Equity above €200,000Eq €323,165 ▲611%
Equity rises from €45,445 to €323,165.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 12 days late
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €500,000Eq €682,257 ▲56.5%
Equity rises from €435,932 to €682,257.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 14 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
28-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Lasne · 1 establishment unit since 2011
Ground area
1,157 m²
Building footprint
102 m²
Volume, LiDAR
990 m³
Parcel 25076C0361/00F002, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
Compagnie des brevets nutraceutiques
since 20112.197.069.103
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076C0361/00F002 | Wallonia | 1,157 m² | 1 · 102 m² | 11.3 m · 3 fl. |
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.
Structure & network
Owners and holdings
1 owner · 1 holdingOwners 1
-
28.44%
Holdings 1
- NORMAPHAR France SasuFRsubsidiarySourceown accounts 2023100%
According to the 2023 annual accounts of NORMAPHAR 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
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded02-02-2011
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.