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OCE PHARMA

Active
Private limited companyfounded 199531 yrs activeHeidestraat-Noord 4, 2950 Kapellen, BelgiumKBO/BCE: BE 0454.218.930
Summary

OCE PHARMA has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€46,225) and a net result of €134. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 5% of 9086 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability76▲+76
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024
Age of the figures
Age of the figures
21 mo
lowers risk · 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
highest failure risk from 2 to 8 years 31 years 0 40 y
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9086 sector peers (2024).
NBB · sector comparison
Position among 9086 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
2 d early
2023
16 d early
2022
25 d early
2021
25 d early
2020
22 d early
2019
3 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
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

On 18 January 1995, OCE PHARMA was incorporated.1 Total assets went from EUR 47,011 in 2018 to EUR 2,631 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

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Financials · fiscal year 2024, abbreviated schema

Equity
-€46,225▲ 0.3%
2023 · -€46,359
Total assets
€880▲ 45.5%
2023 · €605
Net result
€134
2023 · -€2,225
Working capital
-€46,225▲ 0.3%
2023 · -€46,359
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€7,217▲ 71.8%€9,304-€1,002-€2,121▼ 112%-€50▲ 97.6%
Net result-€7,395below the sector's middle half▲ 71.5%€10,324within the sector's middle half-€1,162below the sector's middle half-€2,225below the sector's middle half▼ 91.5%€134below the sector's middle half
Equity-€53,296below the sector's middle half▼ 16.1%-€42,972below the sector's middle half▲ 19.4%-€44,134below the sector's middle half▼ 2.7%-€46,359below the sector's middle half▼ 5.0%-€46,225below the sector's middle half▲ 0.3%
Total assets€7,270below the sector's middle half▼ 83.6%€16,112below the sector's middle half▲ 122%€2,631below the sector's middle half▼ 83.7%€605below the sector's middle half▼ 77.0%€880below the sector's middle half▲ 45.5%
Debt€60,566▼ 32.8%€59,084▼ 2.4%€46,765▼ 20.9%€46,964▲ 0.4%€47,105▲ 0.3%
Working capital-€53,296below the sector's middle half▼ 14.0%-€42,972below the sector's middle half▲ 19.4%-€44,134below the sector's middle half▼ 2.7%-€46,359below the sector's middle half▼ 5.0%-€46,225below the sector's middle half▲ 0.3%
Solvency-733.0%below the sector's middle half▼ 629.3pp-266.7%below the sector's middle half▲ 466.3pp
Current ratio0.12below the sector's middle half▼ 0.360.27below the sector's middle half▲ 0.15
Return on assets (ROA)-101.7%below the sector's middle half▼ 43.0pp64.1%above the sector's middle half▲ 165.8pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000€10,000Operating result 2020: -€7,217-€7,217Net result 2020: -€7,395-€7,395Operating result 2021: €9,304€9,304Net result 2021: €10,324€10,324Operating result 2022: -€1,002-€1,002Net result 2022: -€1,162-€1,162Operating result 2023: -€2,121-€2,121Net result 2023: -€2,225-€2,225Operating result 2024: -€50-€50Net result 2024: €134€13420202021202220232024-€3,000-€2,000-€1,000€0Operating result 2022: -€1,002-€1,000Net result 2022: -€1,162-€1,160Operating result 2023: -€2,121-€2,120Net result 2023: -€2,225-€2,230Operating result 2024: -€50-€50Net result 2024: €134€134202220232024
The operating result stays negative: a loss of €50 in 2024 against €2,121 in 2023; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€47,105▲
2023 · €46,964
Ratios withheld: a balance sheet total of €880 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.5% went bankrupt
5.3% stopped otherwise
91% 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 1.0% 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 497,662 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% 1.7%
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 75% 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 3,798 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 · 2024 against 2023 · 28 lines
Balance sheet Code20232024
Assets
Total assets20/58€605€880▲
Current assets29/58€605€880▲
Cash at bank and in hand54/58€605€880▲
Equity and liabilities
Total equity and liabilities10/49€605€880▲
Equity10/15-€46,359-€46,225▲
Contributions10/11€18,592€18,592=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1,860€1,860=
Profit (loss) carried forward14-€66,811-€66,677▲
Amounts payable17/49€46,964€47,105▲
Amounts payable within one year42/48€46,964€47,105▲
Trade debts44€60€0▼
Suppliers440/4€60€0▼
Other amounts payable47/48€46,904€47,105▲
Income statement Code20232024
Other operating charges640/8€146€118▼
Gross operating margin9900-€1,975€68▲
Operating profit (loss)9901-€2,121-€50▲
Financial income75/76B-€228
Recurring financial income75-€228
Financial charges65/66B€105€44▼
Recurring financial charges65€105€44▼
Profit (loss) for the period before taxes9903-€2,225€134▲
Profit (loss) for the period9904-€2,225€134▲
Profit (loss) for the period to be appropriated9905-€2,225€134▲
Appropriation of the result
Profit (loss) to be appropriated9906-€66,811-€66,677▲
Profit (loss) brought forward from the previous period14P-€64,586-€66,811▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-----
Other operating charges640/8-€449€450€146€118▼ 19.1%
Non-recurring operating charges66A-€0----
Gross operating margin9900-€6,615€9,753-€553-€1,975€68▲ 103%
Operating profit (loss)9901-€7,217€9,304-€1,002-€2,121-€50▲ 97.6%
Financial income75/76B-€1,179€0-€228-
Recurring financial income75-€1,179€0-€228-
Financial charges65/66B-€160€160€105€44▼ 58.4%
Recurring financial charges65€178€160€160€105€44▼ 58.4%
Profit (loss) for the period before taxes9903-€7,395€10,324-€1,162-€2,225€134▲ 106%
Profit (loss) for the period9904-€7,395€10,324-€1,162-€2,225€134▲ 106%
Profit (loss) for the period to be appropriated9905-€7,395€10,324-€1,162-€2,225€134▲ 106%
Line20202021202220232024Change
Assets
Total assets20/58€7,270€16,112€2,631€605€880▲ 45.5%
Fixed assets21/28€0-----
Tangible fixed assets22/27€0-----
Current assets29/58€7,270€16,112€2,631€605€880▲ 45.5%
Amounts receivable within one year40/41€0-----
Cash at bank and in hand54/58€7,270€16,112€2,631€605€880▲ 45.5%
Equity and liabilities
Total equity and liabilities10/49€7,270€16,112€2,631€605€880▲ 45.5%
Equity10/15-€53,296-€42,972-€44,134-€46,359-€46,225▲ 0.3%
Contributions10/11-€18,592€18,592€18,592€18,592=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€0--
Reserves not available under the articles1311-€1,860€1,860€0--
Distributable reserves133---€1,860€1,860=
Profit (loss) carried forward14-€73,748-€63,424-€64,586-€66,811-€66,677▲ 0.2%
Amounts payable17/49€60,566€59,084€46,765€46,964€47,105▲ 0.3%
Amounts payable within one year42/48€60,566€59,084€46,765€46,964€47,105▲ 0.3%
Trade debts44€0--€60€0▼ 100%
Suppliers440/4---€60€0▼ 100%
Taxes, remuneration and social security45-€0----
Taxes450/3-€0----
Other amounts payable47/48-€59,084€46,765€46,904€47,105▲ 0.4%
Line20202021202220232024Change
Profit (loss) for the period9904-€7,395€10,324-€1,162-€2,225€134▲ 106%
+ Depreciation and write-downs630€0-----
Operating cash flow (approximation)-€7,395€10,324-€1,162-€2,225€134▲ 106%
Change in cash-€8,842-€13,481-€2,026€275▲ 114%

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

2025
29-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €134
Net result €134 after 2 loss-making years.
15-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
06-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €10,324
Net result €10,324 after 3 loss-making years.
09-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 3 days late
2019
26-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
20-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Kapellen · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
249 m²
Volume, LiDAR
1,515 m³
Parcel 11023K0111/00G002, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Heidestraat-Noord 4, 2950 Kapellen
NACE 51450
since 19992.070.060.964
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11023K0111/00G002 Flanders 1.3 ha 1 · 249 m² 10.1 m · 2 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,424 companies in sector 46389 we hold annual accounts for 856. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-01-1995
Fiscal year end31-12
Activities, NACEBEL 2025
46389Wholesale of other food products
46170Agents in the wholesale of food, beverages and tobacco
E-invoicing
Reachable via Peppol
Peppol ID 0208:0454218930
Also 9925:BE0454218930
Registered 09-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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