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PharmSync

Active
Private limited companyfounded 20232 yrs activePaviljoenlaan 10, 2610 Antwerpen, BelgiumKBO/BCE: BE 1003.300.890
Summary

PharmSync has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104,589 and a net result of €57,846. Its solvency ranks better than 78% of 11425 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78
Track record82
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.25 against 5.2 in 2024; short-term debt: 23.5% and cash: 85.7% of total assets), and 23.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
76.5%
Return on assets
42.3%
Age of the figures
9 mo
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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filings
Deviation from the deadline
2025
31 d late
2024
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 15 days after 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
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 13 December 2023, PharmSync was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€104,589▲ 124%
2024 · €46,743
Total assets
€136,689▲ 137%
2024 · €57,767
Net result
€57,846▲ 32.2%
2024 · €43,743
Working capital
€104,189▲ 125%
2024 · €46,343
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€57,605-€75,161▲ 30.5%
Net result€43,743-€57,846▲ 32.2%
Equity€46,743-€104,589▲ 124%
Total assets€57,767-€136,689▲ 137%
Debt€11,024-€32,100▲ 191%
Working capital€46,343-€104,189▲ 125%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000€80,000Operating result 2024: €57,605€57,605Net result 2024: €43,743€43,743Operating result 2025: €75,161€75,161Net result 2025: €57,846€57,84620242025€0€20,000€40,000€60,000€80,000Operating result 2024: €57,605€57,600Net result 2024: €43,743€43,700Operating result 2025: €75,161€75,200Net result 2025: €57,846€57,80020242025
The operating result rises in 2025; 2025 is 30% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136,689
Fixed assets €400 =
Current assets €136,289 ▲ 138%
Equity and liabilities €136,689
Equity €104,589 ▲ 124%
Debt €32,100 ▲ 191%
Debt's share of the balance-sheet total rises from 19.1% to 23.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
4.25▼
2024 · 5.20
Debt to equity
0.31▲
2024 · 0.24
ROE
55.3%▼
2024 · 93.6%
ROA
42.3%▼
2024 · 75.7%
Debt ≤ 1 year
€32,100▲
2024 · €11,024
Income taxes
€15,922▲
2024 · €12,789
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€57,767€136,689▲
Fixed assets21/28€400€400=
Financial fixed assets28€400€400=
Current assets29/58€57,367€136,289▲
Amounts receivable within one year40/41€2,239€19,046▲
Trade receivables40€2,113€18,920▲
Other amounts receivable41€126€126=
Cash at bank and in hand54/58€54,668€117,092▲
Deferred charges and accrued income490/1€460€152▼
Equity and liabilities
Total equity and liabilities10/49€57,767€136,689▲
Equity10/15€46,743€104,589▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€43,743€101,589▲
Amounts payable17/49€11,024€32,100▲
Amounts payable within one year42/48€11,024€32,100▲
Trade debts44€963€22,715▲
Suppliers440/4€963€22,715▲
Taxes, remuneration and social security45€9,877€9,221▼
Taxes450/3€9,877€9,221▼
Other amounts payable47/48€184€164▼
Income statement Code20242025
Other operating charges640/8€118€386▲
Gross operating margin9900€57,723€75,547▲
Operating profit (loss)9901€57,605€75,161▲
Financial income75/76B€0€85▲
Recurring financial income75€0€85▲
Financial charges65/66B€1,073€1,478▲
Recurring financial charges65€1,073€1,478▲
Profit (loss) for the period before taxes9903€56,532€73,768▲
Income taxes67/77€12,789€15,922▲
Profit (loss) for the period9904€43,743€57,846▲
Profit (loss) for the period to be appropriated9905€43,743€57,846▲
Appropriation of the result
Profit (loss) to be appropriated9906€43,743€101,589▲
Profit (loss) brought forward from the previous period14P-€43,743

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8€118€386▲ 227%
Gross operating margin9900€57,723€75,547▲ 30.9%
Operating profit (loss)9901€57,605€75,161▲ 30.5%
Financial income75/76B€0€85▲ 284,100%
Recurring financial income75€0€85▲ 284,100%
Financial charges65/66B€1,073€1,478▲ 37.8%
Recurring financial charges65€1,073€1,478▲ 37.8%
Profit (loss) for the period before taxes9903€56,532€73,768▲ 30.5%
Income taxes67/77€12,789€15,922▲ 24.5%
Profit (loss) for the period9904€43,743€57,846▲ 32.2%
Profit (loss) for the period to be appropriated9905€43,743€57,846▲ 32.2%
Line20242025Change
Assets
Total assets20/58€57,767€136,689▲ 137%
Fixed assets21/28€400€400=
Financial fixed assets28€400€400=
Current assets29/58€57,367€136,289▲ 138%
Amounts receivable within one year40/41€2,239€19,046▲ 751%
Trade receivables40€2,113€18,920▲ 795%
Other amounts receivable41€126€126=
Cash at bank and in hand54/58€54,668€117,092▲ 114%
Deferred charges and accrued income490/1€460€152▼ 67.1%
Equity and liabilities
Total equity and liabilities10/49€57,767€136,689▲ 137%
Equity10/15€46,743€104,589▲ 124%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€43,743€101,589▲ 132%
Amounts payable17/49€11,024€32,100▲ 191%
Amounts payable within one year42/48€11,024€32,100▲ 191%
Trade debts44€963€22,715▲ 2,260%
Suppliers440/4€963€22,715▲ 2,260%
Taxes, remuneration and social security45€9,877€9,221▼ 6.6%
Taxes450/3€9,877€9,221▼ 6.6%
Other amounts payable47/48€184€164▼ 10.9%
Line20242025Change
Profit (loss) for the period9904€43,743€57,846▲ 32.2%
Operating cash flow (approximation)€43,743€57,846▲ 32.2%
Investment in fixed assets (approximation)-€0-
Change in cash-€62,424-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Equity above €100,000Eq €104,589 ▲124%
2 profitable years in a row build equity to €104,589.
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
674 m²
Building footprint
241 m²
Volume, LiDAR
3,534 m³
Parcel 11463D0447/00P000, Flanders · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
PharmSync
Paviljoenlaan 10, 2610 AntwerpenWholesale of perfume and cosmetics
since 20232.353.816.054
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11463D0447/00P000 Flanders 674 m² 1 · 240 m² 17.2 m · 5 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, comparable size

Of 1,902 companies in sector 46460 we hold annual accounts for 1,116. 620 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods

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