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PFx Biotech

Active
Private limited companyfounded 2024active for 2 yearsKerrebroek 66, 9850 Deinze, BelgiumKBO/BCE: BE 1009.235.708
Summary

PFx Biotech has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,547 and a net result of €2,547. Its solvency ranks better than 22% of 268 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€5,547
Total assets
€593,378
Net result
€2,547
Working capital
€448,374

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Equity and liabilities €593,378
Equity €5,547
Debt €587,831
Debt finances 99.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€7,005
Cash flow
€5,277
Current ratio
4.23
ROE
45.9%
ROA
0.4%
Interest coverage
7.97
Debt ≤ 1 year
€139,024
Income taxes
€849
A ratio outside any meaningful range has been withheld (balance sheet total €593,378, equity €5,547).

Peer companies

Historical observation

Of the 1,514 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95.8% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
1.5% stopped otherwise
95.8% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,514 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 · 29 lines
Balance sheet Code2025
Assets
Total assets20/58€593,378
Formation expenses20€5,980
Current assets29/58€587,398
Amounts receivable within one year40/41€155,241
Trade receivables40€148,470
Other amounts receivable41€6,771
Cash at bank and in hand54/58€432,157
Equity and liabilities
Total equity and liabilities10/49€593,378
Equity10/15€5,547
Contributions10/11€3,000
Profit (loss) carried forward14€2,547
Amounts payable17/49€587,831
Amounts payable within one year42/48€139,024
Trade debts44€126,052
Suppliers440/4€126,052
Taxes, remuneration and social security45€849
Taxes450/3€849
Other amounts payable47/48€12,122
Accrued charges and deferred income492/3€448,808
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,730
Gross operating margin9900€7,005
Operating profit (loss)9901€4,275
Financial charges65/66B€880
Recurring financial charges65€880
Profit (loss) for the period before taxes9903€3,396
Income taxes67/77€849
Profit (loss) for the period9904€2,547
Profit (loss) for the period to be appropriated9905€2,547
Appropriation of the result
Profit (loss) to be appropriated9906€2,547

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,730
Gross operating margin9900€7,005
Operating profit (loss)9901€4,275
Financial charges65/66B€880
Recurring financial charges65€880
Profit (loss) for the period before taxes9903€3,396
Income taxes67/77€849
Profit (loss) for the period9904€2,547
Profit (loss) for the period to be appropriated9905€2,547
Line2025
Assets
Total assets20/58€593,378
Formation expenses20€5,980
Current assets29/58€587,398
Amounts receivable within one year40/41€155,241
Trade receivables40€148,470
Other amounts receivable41€6,771
Cash at bank and in hand54/58€432,157
Equity and liabilities
Total equity and liabilities10/49€593,378
Equity10/15€5,547
Contributions10/11€3,000
Profit (loss) carried forward14€2,547
Amounts payable17/49€587,831
Amounts payable within one year42/48€139,024
Trade debts44€126,052
Suppliers440/4€126,052
Taxes, remuneration and social security45€849
Taxes450/3€849
Other amounts payable47/48€12,122
Accrued charges and deferred income492/3€448,808
Line2025
Profit (loss) for the period9904€2,547
+ Depreciation and write-downs630€2,730
Operating cash flow (approximation)€5,277

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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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 12-05-2026 2026-00112396

Similar companies · same sector, comparable size

Of the 756 active companies whose main activity is research and development on biotechnology (NACE 72101), figures are known for 485. 97 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.