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PROCHIPHAR

Active Public limited companyfounded 1988active for 37 yearsRue Bois des Queues 9, 1315 IncourtKBO/BCE: BE 0436.168.418 #4 company by equity in Incourt, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989
peak €790,236 (2022)
€25,930▲ €48,482
lowest -€27,694 (2024)
€8,838▲ €36,532
peak €1.6m (2017)
€955,867▲ 0.9%
€219,459▲ 2.8%
peak 2 FTE (2021)
-not published
Board3 names since 2018
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from -€22,552 to €25,930Back to profit: €8,838Cash from €18,266 to €10,301

Key points

from the 2025 annual accounts

Turnover

≈ €130,000 estimated

The accounts state no turnover.

Filings

37 annual accounts since 1989
AprilJune31 JulyOctober1990200020102020

Nine of the last ten came late. The 2019 accounts came latest: 87 days after the end of the period.

Position in the sector

81.3%

Higher solvency than 85% of companies in wholesale trade. Sector median 44.1% · 10,754 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as PROCHIPHAR has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,768 companies, not a prediction for PROCHIPHAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Chair
Director, since 09-06-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0436168418
2 directors appointed, 1 resignation Appointments: (chair) and · Resignation: · General meeting of 09-06-2023 · Gazette deed
Capital decrease of €853,000 to €62,000 Capital from €915,000 to €62,000 · Authorised capital up to €238,000 for 5 years · Reappointments: (director) and (director) · General meeting of 29-03-2018 · Gazette deed
First establishment Rue Bois des Queues 9, Incourt
All 47 events

Comparable companies

same main activity, similar in size and age
Company
PROCHIPHAR Incourt €1.2m €25,930 81.3% -
PATRIMOL Stekene €0.6m €29,592 19.3% -
IMMO VITA Braine-l'Alleud €0.6m €26,076 -5.2% -
PACHECO Braine-l'Alleud €1.2m €41,850 37.6% 1.6
Zabriskie Bruges €0.6m €22,239 92.7% -
ECOPHARMASUPPLY DISTRIBUTION Estaimpuis €0.6m €37,492 65.0% -
ADOCS Machelen (Brab.) €0.7m €45,936 66.4% -

These companies have the same main activity as PROCHIPHAR: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €593,000 and €1.2m, founded between 1969 and 1997.

Official details

Source: KBO
Status
Active since 21-12-1988Normal situation
Activity
Wholesale of pharmaceutical and medical goodsNACE 46460and 1 other
Joint committee
321Wholesale distributors of medicines · annual accounts 2023
Establishment unit
2.041.736.1721315 Incourt, since 23-02-1993
Financial year end
31 December
Peppol
Reachable since 19-09-2025
Company details

Annual accounts 2025

€1.2m▲ 1.3%
Filing
Filed on 31-08-2026
Financials

Insights on PROCHIPHAR

PROCHIPHAR files the abbreviated format. That format states no turnover. The gross margin fell from €190,011 in 2006 to €25,930 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PROCHIPHAR

What is the company number of PROCHIPHAR?
The company number of PROCHIPHAR is 0436.168.418. The VAT number is the same number with BE in front: BE 0436.168.418.
Where is PROCHIPHAR based?
The registered office is at Rue Bois des Queues 9, 1315 Incourt.Company details
What does PROCHIPHAR do?
According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
What is the legal form of PROCHIPHAR?
PROCHIPHAR is a public limited company (NV).
When was PROCHIPHAR founded?
PROCHIPHAR was founded on 21-12-1988.
Is PROCHIPHAR still active?
Yes, PROCHIPHAR is an active enterprise in the KBO register.
How many employees does PROCHIPHAR have?
PROCHIPHAR had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does PROCHIPHAR fall under?
In its 2023 annual accounts, PROCHIPHAR states joint committee 321 (Wholesale distributors of medicines).
What is the turnover of PROCHIPHAR?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €25,930 and 34 comparable companies (NACE 464). It probably lies between €84,000 and €270,000.
Is PROCHIPHAR profitable?
In financial year 2025, PROCHIPHAR made a profit of €8,838.
Where can I find the annual accounts of PROCHIPHAR?
PROCHIPHAR filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROCHIPHAR due?
PROCHIPHAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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