Pharmagrex
ActivePharmagrex is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.09M and a net result of €202k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 78% of 9863 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
35 d late
2023
139 d late
2022
140 d late
2021
78 d late
2020
17 d late
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.09M▲ 13.2%
2023 · €962k
2018: €306k
2019: €447k
2020: €593k
2021: €773k
2022: €960k
2023: €962k
2018 → 2024
Net result
€202k▲ 13,744%
2023 · €1k
2018: €31k
2019: €141k
2020: €147k
2021: €180k
2022: €187k
2023: €1k
2018 → 2024
Total assets
€1.34M▲ 15.5%
2023 · €1.16M
2018: €1.02M
2019: €1.02M
2020: €1.01M
2021: €1.08M
2022: €1.20M
2023: €1.16M
2018 → 2024
Solvency
81.3%▼ 1.7pp
2023 · 83.0%
2018: 30.1%
2019: 43.9%
2020: 58.8%
2021: 71.5%
2022: 80.3%
2023: 83.0%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€593k-€773k▲ 30.3%€960k▲ 24.2%€962k▲ 0.2%€1.09M▲ 13.2%
Operating result€57k-€21k▼ 63.8%€30k▲ 45.1%€9k▼ 71.6%€307k▲ 3,503%
Net result€147k-€180k▲ 22.5%€187k▲ 4.3%€1k▼ 99.2%€202k▲ 13,744%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 3,503% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.34M
Fixed assets
€998k▲ 0.4%
Current assets
€340k▲ 107%
Equity and liabilities €1.34M
Equity
€1.09M▲ 13.2%
Debt
€250k▲ 27.0%
The debt ratio rises from 17.0% to 18.7%: debt grows faster than equity.
Key figures and ratios
Solvency
81.3%▼
2023 · 83.0%
ROE
18.5%▲
2023 · 0.2%
ROA
15.1%▲
2023 · 0.1%
Debt
€250k▲
2023 · €197k
Debt ≤ 1 year
€243k▲
2023 · €146k
Debt > 1 year
€0▼
2023 · €51k
Income taxes
€101k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.16M€1.34M▲
Fixed assets21/28€994k€998k▲
Tangible fixed assets22/27€7k€10k▲
Plant, machinery and equipment23€5k€5k=
Furniture and vehicles24€2k€6k▲
Financial fixed assets28€987k€987k=
Current assets29/58€164k€340k▲
Amounts receivable within one year40/41€134k€324k▲
Trade receivables40€25k€4k▼
Other amounts receivable41€110k€320k▲
Cash at bank and in hand54/58€3k€4k▲
Deferred charges and accrued income490/1€27k€11k▼
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.34M▲
Equity10/15€962k€1.09M▲
Contributions10/11€200k€200k=
Capital10€200k€200k=
Issued capital100€200k€200k=
Reserves13€762k€888k▲
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Distributable reserves133€742k€868k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€197k€250k▲
Amounts payable after more than one year17€51k€0▼
Financial debts170/4€51k€0▼
Amounts payable within one year42/48€146k€243k▲
Current portion of amounts payable after more than one year42€81k€51k▼
Trade debts44€20k€0▼
Suppliers440/4€20k€0▼
Advances received on contracts in progress46€11k€14k▲
Taxes, remuneration and social security45€21k€97k▲
Taxes450/3€21k€97k▲
Other amounts payable47/48€13k€81k▲
Accrued charges and deferred income492/3€0€7k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€153▼
Other operating charges640/8€2k€12k▲
Gross operating margin9900€13k€320k▲
Operating profit (loss)9901€9k€307k▲
Financial income75/76B€412€1k▲
Recurring financial income75€412€1k▲
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€4k€302k▲
Income taxes67/77€3k€101k▲
Profit (loss) for the period9904€1k€202k▲
Profit (loss) for the period to be appropriated9905€1k€202k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€202k▲
Transfer from equity791/2-€75k
Transfer to equity691/2€1k€202k▲
To other reserves6921€1k€202k▲
Profit to be distributed694/7-€75k
Return on contributions (dividend)694-€75k
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
2024
31-12
Financial
Highest result since 2018net €202k ▲13744%
Operating result €307k, net result €202k, both a record.
31-12
Financial
Equity above €1MEq €1.09M ▲13.2%
7 profitable years in a row build equity to €1.09M.
17-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 139 days late
2023
31-12
Financial
Weakest financial yearnet €1k ▼99.2%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 140 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 1.94
Current ratio from 0.81 to 1.94.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
31-12
Financial
Equity above €500kEq €593k ▲32.8%
3 profitable years in a row build equity to €593k.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
BLEYS Martine Maria Jozef
CurrentDirector · since 24-02-2025
24-02-2025
BLEYS Martine Maria Jozef: Appointed as Director
23-06-2022
SEGAL Ivo Marie Paul Mathieu Rita Ghislain: Resigned as Director
Location & real-estate footprint
Registered office, Boom · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Peter Benoitstraat 462850 BoomGround area
468 m²
Building footprint
118 m²
Volume, LiDAR
1,049 m³
Parcel 11622C0148/00C004, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Pharmagrex
since 20152.249.109.405
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11622C0148/00C004 | Flanders | 468 m² | 1 · 118 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 12,451 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-08-2015
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.