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PARC ELISABETH PHARMA

Active
Private limited companyfounded 2015active for 11 yearsFrans Gasthuislaan 2, 1083 Ganshoren, BelgiumKBO/BCE: BE 0578.934.701

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of PARC ELISABETH PHARMA is 1.5% (moderate). The 2025 annual accounts show negative equity (-€63,400) and a net result of -€12,285. Equity has been shrinking by about 13% per year since 2018. Its solvency ranks better than 23% of 75 sector peers (NACE 21, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 27-01-2015 Normal situation
Activity
Manufacture of basic pharmaceutical products and pharmaceutical preparations NACE 21201
Establishment unit
2.241.121.454 1083 Ganshoren, since 27-01-2015
Financial year end
31 December
Peppol
Reachable since 29-09-2026

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts 2025
Turnover
€491,912
Loss
€12,285
▲ 306%
Equity
-€63,400
▼ 24.0%
Total assets
€296,304
▼ 22.0%
Staff
≈ 0 FTE
estimated
Filed on 04-03-2026, 149 days before the deadlinePDF
Score breakdownraises riskCapped at 59: negative equityNegative equity -€63,400Liquidity: current ratio 0.32, cash €78, halvedlowers riskSize: turnover €491,912, total assets €296,304Founded in 2015Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 28% of micro companies in pharmaceuticals (NACE 21)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 4-8
equity -21.4% of total assets
Liquidity 13-7
short-term debt 69.1% · cash 0.0%
Profitability 60-8
return on assets -4.1%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (153 companies, NACE 21, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.5%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 0.5%● unchanged vs 02-2026lowest value 04-2026: 1.6%▲ +1.1 percentage points vs 03-2026highest value 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.6%● unchanged vs 06-2026 08-2026: 1.6%● unchanged vs 07-2026 09-2026: 1.6%● unchanged vs 08-2026 10-2026: 1.5%▼ -0.1 percentage points vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.32 (0.45 in 2024), below 1. Short-term debt is 69.1% and cash 0% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 21, micro). It does better than 21% of them on solvency, 12% on liquidity, 51% on profitability and 28% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€63,400
NBB · annual accounts
raises risk · Liquidity: current ratio 0.32, cash €78, halved
NBB · annual accounts
lowers risk · Size: turnover €491,912, total assets €296,304
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€63,400
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 04-03-2026, 149 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
149 days early
2024
14 days early
2023
33 days early
2022
31 days early
2021
27 days early
2020
29 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 46 days before the deadline. In the sector (NACE 21), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed 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 30 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€63,400 View
  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€12,285 View
  • Caution: Less equity than 83% of companies in pharmaceuticalssector median €51,733 · 75 companies -€63,400 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Comparable companies

These companies have the same main activity as PARC ELISABETH PHARMA: manufacture of basic pharmaceutical products and pharmaceutical preparations (NACE 21201). They are comparable in size and age: total assets between €183,000 and €1.2m, founded between 2008 and 2020.

CompanyTotal assetsGross margin
PARC ELISABETH PHARMA Ganshoren€0.3m€0.04m
WANDJI PHARMA INTERNATIONAL Tournai€0.4m€0.03m
LBS Gent€0.3m€0.1m
Alchemich Farma Houthalen-Helchteren€0.3m€0.05m
BIOGEM Vielsalm€0.2m€0.09m
Dierenartsen Hond en Kat Deinze€0.3m€0.08m
Pharmentum Kontich€1.2m€0.04m
Full comparison

Documents

Annual accounts at the NBB

All 11 annual accounts

Articles and registers

Key facts about PARC ELISABETH PHARMA

What is the company number of PARC ELISABETH PHARMA?
The company number of PARC ELISABETH PHARMA is 0578.934.701. The VAT number is the same number with BE in front: BE 0578.934.701.
Where is PARC ELISABETH PHARMA based?
The registered office is at Frans Gasthuislaan 2, 1083 Ganshoren.Company details
What does PARC ELISABETH PHARMA do?
According to the KBO register, the main activity is manufacture of basic pharmaceutical products and pharmaceutical preparations (NACE 21201).
What is the legal form of PARC ELISABETH PHARMA?
The legal form of PARC ELISABETH PHARMA is Private limited company (BV).
When was PARC ELISABETH PHARMA founded?
PARC ELISABETH PHARMA was founded on 27-01-2015.
Is PARC ELISABETH PHARMA still active?
Yes, PARC ELISABETH PHARMA is an active enterprise in the KBO register.
What is the turnover of PARC ELISABETH PHARMA?
The turnover of PARC ELISABETH PHARMA was €491,912 in financial year 2025, according to the filed annual accounts.Financials
Is PARC ELISABETH PHARMA profitable?
In financial year 2025, PARC ELISABETH PHARMA made a loss of €12,285.
Where can I find the annual accounts of PARC ELISABETH PHARMA?
PARC ELISABETH PHARMA filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of PARC ELISABETH PHARMA due?
PARC ELISABETH PHARMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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