POLYPHARMA
ActiveSummary
The computed 12-month bankruptcy probability of POLYPHARMA is 2.1% (moderate). The 2025 annual accounts show equity of €20,154 and a net result of -€8,671. Equity is shrinking by ~5% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 40 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 4,815 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €5,700 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €251 | €251 | - | - | - | - |
| Other operating charges640/8 | - | €522 | €384 | €387 | €53 | ▼ 86.4% |
| Gross operating margin9900 | €2,803 | -€3,644 | -€7,985 | -€8,107 | -€8,580 | ▼ 5.8% |
| Operating profit (loss)9901 | €2,553 | -€4,416 | -€8,370 | -€8,494 | -€8,632 | ▼ 1.6% |
| Financial income75/76B | €34 | €76 | - | - | - | - |
| Recurring financial income75 | €34 | €76 | - | - | - | - |
| Financial charges65/66B | €84 | €56 | €63 | €58 | €39 | ▼ 32.2% |
| Recurring financial charges65 | €84 | €56 | €63 | €58 | €39 | ▼ 32.2% |
| Profit (loss) for the period before taxes9903 | €2,502 | -€4,396 | -€8,433 | -€8,551 | -€8,671 | ▼ 1.4% |
| Income taxes67/77 | €697 | €2 | - | - | - | - |
| Profit (loss) for the period9904 | €1,806 | -€4,397 | -€8,433 | -€8,551 | -€8,671 | ▼ 1.4% |
| Profit (loss) for the period to be appropriated9905 | €1,806 | -€4,397 | -€8,433 | -€8,551 | -€8,671 | ▼ 1.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €57,397 | €46,477 | €37,377 | €28,826 | €20,154 | ▼ 30.1% |
| Fixed assets21/28 | €301 | €50 | €50 | €50 | €50 | = |
| Tangible fixed assets22/27 | €251 | - | - | - | - | - |
| Furniture and vehicles24 | €251 | - | - | - | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €57,096 | €46,427 | €37,327 | €28,776 | €20,104 | ▼ 30.1% |
| Amounts receivable within one year40/41 | €2,633 | €1,114 | €363 | €2,634 | €5,339 | ▲ 103% |
| Trade receivables40 | €1,390 | - | €363 | €363 | - | - |
| Other amounts receivable41 | €1,244 | €1,114 | - | €2,271 | €5,339 | ▲ 135% |
| Current investments50/53 | - | - | €1,176 | - | - | - |
| Cash at bank and in hand54/58 | €54,463 | €44,663 | €35,138 | €25,492 | €14,115 | ▼ 44.6% |
| Deferred charges and accrued income490/1 | - | €650 | €650 | €650 | €650 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €57,397 | €46,477 | €37,377 | €28,826 | €20,154 | ▼ 30.1% |
| Equity10/15 | €50,207 | €45,809 | €37,377 | €28,826 | €20,154 | ▼ 30.1% |
| Contributions10/11 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Outside capital11 | - | - | €19,000 | - | - | - |
| Other1109/19 | - | - | €19,000 | - | - | - |
| Reserves13 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Non-distributable reserves130/1 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Reserves not available under the articles1311 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Profit (loss) carried forward14 | €29,307 | €24,909 | €16,477 | €7,926 | -€746 | ▼ 109% |
| Amounts payable17/49 | €7,190 | €668 | - | - | - | - |
| Amounts payable within one year42/48 | €7,190 | €668 | - | - | - | - |
| Trade debts44 | €1,149 | - | - | - | - | - |
| Suppliers440/4 | €1,149 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €6,042 | €668 | - | - | - | - |
| Taxes450/3 | €6,042 | €668 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,806 | -€4,397 | -€8,433 | -€8,551 | -€8,671 | ▼ 1.4% |
| + Depreciation and write-downs630 | €251 | €251 | - | - | - | - |
| Operating cash flow (approximation) | €2,057 | -€4,147 | -€8,433 | -€8,551 | -€8,671 | ▼ 1.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€9,800 | -€9,525 | -€9,646 | -€11,377 | ▼ 17.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0565/00V003 | Brussels | 57 m² | 1 · 57 m² | 16.1 m · 5 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
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