PROXYPHARMA LLB
ActiveSummary
PROXYPHARMA LLB has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €532,755 and a net result of €35,296. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 86% of 12,626 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 2.1 FTE
- Equity
- €532,755
- Profit
- €35,296
- Board
- 4 members
Why 95lowers riskFounded in 2008Equity €532,755 (75.3% of total assets)Liquidity: current ratio 4.14, cash €86,322Figures for financial year 2025 (filed 24-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 92% on solvency, 63% on liquidity, 61% on profitability and 32% on growth.
The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen three years in a row; 2025 is 2% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 10,905 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €7,537 | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €79,438 | €102,719 | €87,847 | €158,385 | €160,338 | ▲ 1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,465 | €33,956 | €22,630 | €23,053 | €11,581 | €13,211 | €14,290 | €10,015 | ▼ 29.9% |
| Other operating charges640/8 | - | - | - | €1,924 | €1,942 | €4,620 | €2,875 | €3,064 | ▲ 6.6% |
| Gross operating margin9900 | €144,245 | €145,308 | €113,125 | €169,298 | €215,718 | €193,245 | €219,510 | €216,577 | ▼ 1.3% |
| Operating profit (loss)9901 | €1,218 | €17,529 | -€2,898 | €64,882 | €99,477 | €87,568 | €43,960 | €43,161 | ▼ 1.8% |
| Financial income75/76B | - | - | - | - | - | - | €471 | €10 | ▼ 97.9% |
| Recurring financial income75 | - | - | - | - | - | - | €471 | €10 | ▼ 97.9% |
| Financial charges65/66B | - | - | - | €6,867 | €7,348 | €7,680 | €7,663 | €7,373 | ▼ 3.8% |
| Recurring financial charges65 | €7,681 | €9,158 | €16,945 | €6,867 | €7,348 | €7,680 | €7,663 | €7,373 | ▼ 3.8% |
| Profit (loss) for the period before taxes9903 | -€6,463 | €8,372 | -€19,843 | €58,015 | €92,129 | €79,888 | €36,768 | €35,798 | ▼ 2.6% |
| Income taxes67/77 | €476 | €3,180 | -€1 | €16,372 | €12,917 | €8,452 | €2,032 | €502 | ▼ 75.3% |
| Profit (loss) for the period9904 | -€6,940 | €5,192 | -€19,842 | €41,643 | €79,212 | €71,437 | €34,736 | €35,296 | ▲ 1.6% |
| Profit (loss) for the period to be appropriated9905 | -€6,940 | €5,192 | -€19,842 | €41,643 | €79,212 | €71,437 | €34,736 | €35,296 | ▲ 1.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €656,170 | €636,403 | €627,756 | €654,302 | €752,829 | €761,631 | €776,847 | €707,554 | ▼ 8.9% |
| Fixed assets21/28 | €92,924 | €62,368 | €46,465 | €28,413 | €51,185 | €32,631 | €27,326 | €19,111 | ▼ 30.1% |
| Tangible fixed assets22/27 | €92,493 | €61,937 | €46,034 | €27,982 | €50,254 | €31,700 | €26,395 | €18,180 | ▼ 31.1% |
| Plant, machinery and equipment23 | - | - | - | €4,054 | €6,581 | €5,105 | €3,630 | €2,154 | ▼ 40.7% |
| Furniture and vehicles24 | - | - | - | €5,160 | €20,900 | €16,718 | €12,024 | €9,060 | ▼ 24.7% |
| Other tangible fixed assets26 | - | - | - | €18,768 | €22,774 | €9,877 | €10,741 | €6,966 | ▼ 35.1% |
| Financial fixed assets28 | €431 | €431 | €431 | €431 | €931 | €931 | €931 | €931 | = |
| Current assets29/58 | €563,245 | €574,036 | €581,291 | €625,889 | €701,644 | €729,000 | €749,521 | €688,443 | ▼ 8.1% |
| Stocks and contracts in progress3 | €157,419 | €161,508 | €160,589 | €159,020 | €160,250 | €164,787 | €169,456 | €169,317 | ▼ 0.1% |
| Stocks30/36 | - | - | - | €159,020 | €160,250 | €164,787 | €169,456 | €169,317 | ▼ 0.1% |
| Amounts receivable within one year40/41 | €152,842 | €143,792 | €181,226 | €182,282 | €203,222 | €323,031 | €267,439 | €304,700 | ▲ 13.9% |
| Trade receivables40 | - | - | - | €82,147 | €90,766 | €177,392 | €109,005 | €116,817 | ▲ 7.2% |
| Other amounts receivable41 | - | - | - | €100,135 | €112,457 | €145,639 | €158,434 | €187,883 | ▲ 18.6% |
| Current investments50/53 | €154,130 | €154,130 | €154,130 | €154,130 | €194,130 | €194,130 | €144,130 | €124,130 | ▼ 13.9% |
| Cash at bank and in hand54/58 | €89,978 | €106,244 | €78,231 | €126,912 | €140,266 | €39,988 | €159,032 | €86,322 | ▼ 45.7% |
| Deferred charges and accrued income490/1 | - | - | - | €3,545 | €3,776 | €7,063 | €9,463 | €3,974 | ▼ 58.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €656,170 | €636,403 | €627,756 | €654,302 | €752,829 | €761,631 | €776,847 | €707,554 | ▼ 8.9% |
| Equity10/15 | €495,083 | €500,274 | €480,432 | €522,075 | €551,287 | €572,723 | €557,459 | €532,755 | ▼ 4.4% |
| Contributions10/11 | €162,710 | €162,710 | - | €162,710 | €162,710 | €162,710 | €162,710 | €162,710 | = |
| Reserves13 | €71,145 | €76,337 | €76,337 | €117,980 | €147,192 | €168,628 | €168,628 | €158,628 | ▼ 5.9% |
| Non-distributable reserves130/1 | - | - | - | €16,891 | €16,891 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €16,891 | €16,891 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €101,089 | €130,301 | €168,628 | €168,628 | €158,628 | ▼ 5.9% |
| Profit (loss) carried forward14 | €261,227 | €261,227 | €241,385 | €241,385 | €241,385 | €241,385 | €226,121 | €211,417 | ▼ 6.5% |
| Amounts payable17/49 | €161,087 | €136,129 | €147,324 | €132,227 | €201,542 | €188,907 | €219,388 | €174,799 | ▼ 20.3% |
| Amounts payable after more than one year17 | €71,010 | €63,065 | €54,815 | €46,250 | €37,357 | €28,124 | €18,538 | €8,584 | ▼ 53.7% |
| Financial debts170/4 | - | - | - | €46,250 | €37,357 | €28,124 | €18,538 | €8,584 | ▼ 53.7% |
| Amounts payable within one year42/48 | €89,928 | €72,861 | €92,499 | €85,950 | €164,168 | €160,744 | €200,850 | €166,184 | ▼ 17.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,565 | €8,893 | €9,233 | €9,587 | €9,953 | ▲ 3.8% |
| Trade debts44 | €60,540 | €42,866 | €65,726 | €45,983 | €68,457 | €62,375 | €101,778 | €68,385 | ▼ 32.8% |
| Suppliers440/4 | - | - | - | €45,983 | €68,457 | €62,375 | €101,778 | €68,385 | ▼ 32.8% |
| Taxes, remuneration and social security45 | - | - | - | €29,911 | €36,800 | €38,292 | €38,346 | €27,846 | ▼ 27.4% |
| Taxes450/3 | - | - | - | €19,407 | €20,743 | €26,113 | €14,704 | €2,005 | ▼ 86.4% |
| Remuneration and social security454/9 | - | - | - | €10,504 | €16,057 | €12,178 | €23,641 | €25,841 | ▲ 9.3% |
| Other amounts payable47/48 | - | - | - | €1,491 | €50,017 | €50,845 | €51,139 | €60,000 | ▲ 17.3% |
| Accrued charges and deferred income492/3 | - | - | - | €27 | €17 | €39 | €0 | €30 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,940 | €5,192 | -€19,842 | €41,643 | €79,212 | €71,437 | €34,736 | €35,296 | ▲ 1.6% |
| + Depreciation and write-downs630 | €37,465 | €33,956 | €22,630 | €23,053 | €11,581 | €13,211 | €14,290 | €10,015 | ▼ 29.9% |
| Operating cash flow (approximation) | €30,525 | €39,148 | €2,788 | €64,696 | €90,793 | €84,648 | €49,026 | €45,311 | ▼ 7.6% |
| Investment in fixed assets (approximation) | - | -€3,400 | -€6,728 | -€5,001 | -€34,353 | €5,343 | -€8,985 | -€1,800 | ▲ 80.0% |
| Change in cash | - | €16,266 | -€28,013 | €48,681 | €13,354 | -€100,277 | €119,044 | -€72,710 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-07-2026 | 2026-00374794 |
| 31-12-2024 | full format | 16-07-2025 | 2025-00276564 |
| 31-12-2023 | full format | 14-06-2024 | 2024-00134345 |
| 31-12-2022 | full format | 09-06-2023 | 2023-00120333 |
| 31-12-2021 | full format | 20-06-2022 | 2022-20081012 |
| 31-12-2020 | full format | 17-06-2021 | 2021-21200158 |
| 31-12-2019 | full format | 15-06-2020 | 2020-17000358 |
| 31-12-2018 | full format | 26-06-2019 | 2019-23400203 |
| 31-12-2017 | full format | 18-06-2018 | 2018-20100027 |
| 31-12-2016 | full format | 10-07-2017 | 2017-30300566 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Antoinette LOISE |
|
| ISAAC Brigitte |
|
| LOISE Jean-Luc |
|
| Pierre-Louis LOISE |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
4 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
15-02
Gazette deed
Appointments: LOISE Jean-Luc, ISAAC Brigitte and 2 othersPermanent representative: LOISE Jean-Luc · Resignations: Pierre-Louis LOISE (manager) and Antoinette LOISE (manager) · Amendment of the articles15 facts ▸
- General meeting, 18-12-2023
- Other provision, “constitution sous autre dénomination”, 24-06-2008 (deed in French)
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “supprimer le compte de capitaux propres statutairement indisponible créé en application de l’article 39,§2,deuxième alinéa, rendre ces fonds disponibles pour di…” (deed in French)
- Capital
- Director appointment, LOISE Jean-Luc (statutory director)
- Director appointment, ISAAC Brigitte (administratrice statutaire)
- Permanent representative, LOISE Jean-Luc
- Director resignation, Pierre-Louis LOISE (manager)
- Director resignation, Antoinette LOISE (manager)
- Director appointment, Pierre-Louis LOISE (statutory director)
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92088A0287/00X000 | Wallonia | 1,315 m² | 1 · 167 m² | - |
| 92088A0135/00X000 | Wallonia | 933 m² | 1 · 377 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes opérations généralement quelconques se rapportant directement ou indirectement aux activités d’exploitation d’officines…” (deed in French)
9 activities (deed in French)
- Toutes opérations généralement quelconques se rapportant directement ou indirectement aux activités d’exploitation d’officines pharmaceutiques,homéopathiques et de bandagisteries,ainsi que la fabrication et la commercialisation de produits pharmaceutiques,homéopathiques et cosmétologiques
- À titre patrimonial,constituer,développer,promouvoir et gérer un patrimoine immobilier,et réaliser toute opération immobilière et foncière quelconque;hypothéquer ses immeubles et mettre en gage tous ses autres biens y compris son fonds de commerce
- En fonction de ses intérêts propres,se porter caution et donner toute sûreté personnelle ou réelle,ou accorder son aval pour tous prêts ou engagements quelconques tant pour elle-même que pour tous tiers,y compris les gérants,les associés,le personnel et les préposés de la société
- Contribution à l'établissement et au développement d'entreprises et en particulier de dispenser des avis techniques,commerciaux ou administratifs dans le sens le plus large du terme,à l'exception des conseils de placement d'argent et autres,fournir des conseils,son assistance et exécuter des services directement ou indirectement sur le plan de l'administration et des finances,de la vente,de la production,des techniques d’organisation et de distributions commerciales,et plus généralement de la gestion en général et de l’exercice de toutes activités de services et de management au sens le plus large de ces termes à toutes personnes physiques ou morales quelconques;exécuter tous mandats sous forme d'études d'organisation,d'expertises,d'actes et de conseils techniques ou autres dans tout domaine rentrant dans son objet social
- Constituer,développer et gérer un patrimoine mobilier et faire toutes opérations mobilières quelconques y compris celles se rapportant à tous droits mobiliers comme l'acquisition par voie d'inscription ou de cession et la gestion d'actions,de parts sociales,d'obligations convertibles ou non,de prêts de consommation,de prêts ordinaires,de bons de caisse ou autres valeurs mobilières,de quelque forme que ce soit,tant de personnes morales que d'entreprises,belges ou étrangères,existantes ou encore à constituer
- Exercer tout mandat généralement quelconque ainsi que toute fonction autorisée dans toute personne morale belge ou étrangère en ce compris la fonction d’administrateur,de délégué à la gestion journalière,de gérant et de liquidateur;rémunéré ou gratuit
- Consentir tous prêts ou garantir tous prêts consentis par des tiers,étant entendu que la société n'effectuera aucune activité soumise à des dispositions légales ou réglementaires applicables aux établissements de crédits et/ou financiers
- Accomplir toutes opérations commerciales,industrielles,financières,mobilières ou immobilières,soit pour son compte,soit pour le compte de tiers,se rapportant directement ou indirectement à son objet social ou de nature à en faciliter directement ou indirectement,entièrement ou partiellement la réalisation
- Exercer toutes fonctions et mandats et s’intéresser par voie d’apport,de fusion,de souscription ou de toute autre manière dans toutes autres affaires,entreprises,associations ou sociétés ayant un objet identique,analogue ou connexe au sien ou de nature à favoriser le développement de son entreprise,à lui procurer des ressources ou à faciliter l’écoulement des services et produits
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PROXYPHARMA LLB
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision de l’organe d’administration,établir ou supprimer des sièges d’exploitation,pour autant que sans…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)“Toute autre modification administrateur par assemblée générale comme modifications statuts, assemblée générale comme modifications statuts” (deed in French)“Fixe ou proportionnelle, frais généraux plus représentation voyages déplacements” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata si plusieurs, prix notification initiale ou expert en cas contestation” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions – droit de préférence, l’organe qui procède à l’émission” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Prévues pour modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment, faculté désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)