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Signifeye

Active Public limited companyfounded 2006active for 20 yearsBoomsesteenweg 223, 2610 AntwerpKBO/BCE: BE 0884.161.037
Heads the group Signifeye 12 companies
See the group

Lifetime

17 annual accounts with figures on one time axis
peak €2.3m (2025)
€2.3m 
lowest -€725,122 (2023)
€6.0m▲ 696%
peak €14.2m (2025)
€14.2m▲ 91.8%
€4.5m▼ 50.7%
Board29 names since 2020all names
15 directorsBernard Heintz and 14 others
Owners3 names in the annual accounts
Documentsfilings and deeds
01-07-202630 days before the deadline
2025financial year
Result from €752,865 to €6.0mCapital increase of €790,000 to €7,881,500 27-11Appointment: Ann Haustermans (director) 18-08Equity from €7.4m to €14.2mDebts from €9.2m to €4.5mInvestments €2.3m

Key points

from the 2025 annual accounts

Result

€6.0m ▲ 696%
€753,0002024€6m2025

The result rose in 2025 from €752,865 to €6.0m.

Liquidity

1.69 was 0.61 in 2024

Short-term debts fell from €5.0m to €1.7m.

Filings

17 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 19 to 54 days before the end of the period.

Group

11 companies controlled

Heads a group.

Board

7 joined · 9 left

Board changed. Latest change 22-09-2026 · 8 in office.

Position in the sector

€6.0m

Higher net result than 95% of companies in wholesale trade. Sector median €110,308 · 6,124 companies.

Checked score

99
Excellent
Financially stronger than 91% of medium-sized companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 746 companies (NACE 46, medium-sized).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025highest value 08-2025: 0.2%▼ -0.3 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+31equity 75.7% of total assets
52+13short-term debt 9.0% · cash 1.2%
100+36return on assets 32.0%

Score breakdown

raises risk
Liquidity: current ratio 1.69, cash €230,392
lowers risk
Size: total assets €18.7m
Founded in 2006
Figures for financial year 2025 (filed on 01-07-2026)
Calculation

The band follows from the bankruptcy probability. 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 46, medium-sized). It does better than 93% of them on solvency, 77% on liquidity, 99% on profitability and 96% on growth.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit verdict

Credit of up to €1,400,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.69 (0.61 in 2024), above the usual 1.5. Short-term debt is 9% and cash 1.2% of total assets. 24.3% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.69, cash €230,392
NBB · annual accounts
lowers risk · Size: total assets €18.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 01-07-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €14.2m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
30 days early
2023
54 days early
2022
31 days early
2021
19 days early
2020
25 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

M
Managing director, Kathleen Moons
MV
Daily manager
BH
Director, since 15-12-2023
HB
Director, since 15-12-2023
CN
Cotton Nicholas
Director, since 02-02-2026
NC
Director
and 3 others

Shares in 1 company, EQIRIS

Board & ownership

Recent changes

4 directors appointed, 2 resignations Resignations: Movendis BV and Nicolas Coton · Permanent representative: Kathleen Moons · Appointments: Guilia Mazza, Peter Byloos, Lode Vlaminck and Merel Venneman (day-to-day manager) · General meeting of 25-08-2026 · Gazette deed
2 directors appointed, 12 resignations Change of role: MOVENDIS BV, from director to managing director · Resignations: Fernand De Wilde, Maria Dieltiëns, Ann Haustermans, Bernard Heintz, Frank Kesteloot, Huib Lodewijks and 6 others · Permanent representatives: Jean Assaf, Ivan D'hauwe, Kathleen Moons and Eddy Verbrugge · General meeting of 02-02-2026 · Gazette deed
Amendment of the articles Capital of €7,881,500, 28,890,000 shares · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0884161037
All 45 events

Comparable companies

same main activity, similar in size and age
Company
Signifeye Antwerp €18.7m €2.3m 75.7% -
GLOBIFER INTL Kontich €11.1m €3.3m 2.6% 0.8
HEFRA Turnhout €10.7m €1.2m 98.9% 3
X-RIS Seraing €10.8m €4.5m 39.1% 32
GYMNA Diepenbeek €8.9m €4.3m 46.3% 38
ANDOCOR Hoogstraten €12.3m €4.2m 38.2% 39.5
LDI INTERNATIONAL Antwerp €6.7m €3.1m 48.5% -

These companies have the same main activity as Signifeye: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €6.7m and €12m, founded between 1996 and 2012.

Official details

Source: KBO
Status
Active since 11-10-2006Normal situation
Activity
Wholesale of pharmaceutical and medical goodsNACE 46460and 1 other
Establishment unit
2.157.208.9322610 Antwerp, since 07-11-2006
Financial year end
31 December
Peppol
Reachable since 15-12-2025
Company details

Annual accounts 2025

≈ €9.5mestimated
€18.7m▲ 12.7%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on Signifeye

Signifeye has existed since 2006. The gross margin grew from €156,611 in 2007 to €2.3m in 2025.

Solvency rose in 2025 from 44.5% to 75.7% because of the retained profit and a capital increase and lower debts.

In February 2026, eleven directors stepped down. In March 2026, the Official Gazette published the appointment of MOVENDIS as managing director.

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 Signifeye

What is the company number of Signifeye?
The company number of Signifeye is 0884.161.037. The VAT number is the same number with BE in front: BE 0884.161.037.
Where is Signifeye based?
The registered office is at Boomsesteenweg 223, 2610 Antwerp.Company details
What does Signifeye do?
According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
What is the legal form of Signifeye?
Signifeye is a public limited company (NV).
When was Signifeye founded?
Signifeye was founded on 11-10-2006.
Is Signifeye still active?
Yes, Signifeye is an active enterprise in the KBO register.
What is the turnover of Signifeye?
The turnover in financial year 2025 is ≈ €9.5m. This figure is estimated from the gross margin of €2.3m and 98 comparable companies (NACE 46). It probably lies between €5.7m and €16.0m. In financial year 2024 turnover was €2.8m.Financials
Is Signifeye profitable?
In financial year 2025, Signifeye made a profit of €6.0m.
Where can I find the annual accounts of Signifeye?
Signifeye filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Signifeye due?
Signifeye must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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