Financials
- Fiscal year
- 2024
- Total assets
- €356,098
- Profit
- €19,165
- Solvency
- 13.5%
Total assets▲ 5.9%
Net result
20212024
Pharma Works
ActiveSummary
Pharma Works has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €47,914 and a net result of €19,165. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 26% of 2547 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Other educational support services
NACE 85699NACE 85609
2 sites
How big
€356,098total assets 2024
- Equity
- €47,914
- Profit
- €19,165
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue0 of 2 deeds read
Why 59- Multiple establishment units- Annual accounts: weaker financial profile- Filed more than 90 days late+ Lower-failure-rate sector+ Long track recordShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+18
Solvency38▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity ample (current ratio 9.02 against 9.07 in 2023; short-term debt: 5% and cash: 38.3% of total assets), but 86.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
13.5%
Return on assets
5.4%
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 dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-12-2025, 131 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
131 d late
2023
75 d late
2022
86 d late
2021
77 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 92 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2021net €19,165 ▲769%
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 7
- Since
- 2022
- 09-12-2025Annual accounts filed
- 31-12-2024Highest result since 2021
- 14-10-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Other educational support servicesNACE 85699
- Founded
- 26-02-2015
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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