HuVePharma
ActiveHuVePharma has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43.89M and a net result of €4.78M. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 54% of 6007 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
87
/ 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability61▼-2
Solvency68▼-4
Growth70▲+2
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.08 in 2023), and 55% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
45%
Return on assets
4.9%
Age of the figures
20 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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-06-2025, 47 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
47 d early
2023
37 d early
2022
56 d early
2021
40 d early
2020
65 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema, statutory
Turnover
€115.03M▲ 14.7%
2023 · €100.30M
2018: €79.81M
2019: €79.07M
2020: €92.19M
2021: €95.48M
2022: €100.70M
2023: €100.30M
2018 → 2024
EBIT margin
6.0%▼ 0.3pp
2023 · 6.3%
2018: 6.7%
2019: 6.5%
2020: 6.2%
2021: 6.8%
2022: 6.4%
2023: 6.3%
2018 → 2024
Net result
€4.78M▲ 11.4%
2023 · €4.29M
2018: €3.14M
2019: €3.48M
2020: €4.25M
2021: €4.75M
2022: €4.34M
2023: €4.29M
2018 → 2024
Working capital
€666k▼ 77.9%
2023 · €3.02M
2018: €-12.42M
2019: €-12.10M
2020: €-10.43M
2021: €-7.56M
2022: €-193k
2023: €3.02M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€92.19M-€95.48M▲ 3.6%€100.70M▲ 5.5%€100.30M▼ 0.4%€115.03M▲ 14.7%
Equity€25.73M-€30.48M▲ 18.5%€34.82M▲ 14.2%€39.11M▲ 12.3%€43.89M▲ 12.2%
Operating result€5.76M-€6.53M▲ 13.4%€6.44M▼ 1.4%€6.30M▼ 2.2%€6.84M▲ 8.7%
Net result€4.25M-€4.75M▲ 11.8%€4.34M▼ 8.6%€4.29M▼ 1.2%€4.78M▲ 11.4%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 9% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €97.54M
Fixed assets
€48.73M▲ 17.1%
Current assets
€48.81M▲ 19.0%
Equity and liabilities €97.54M
Equity
€43.89M▲ 12.2%
Debt
€53.65M▲ 23.2%
The debt ratio rises from 52.7% to 55.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€18.92M▲
2023 · €17.83M
Cash flow
€16.85M▲
2023 · €15.82M
Solvency
45.0%▼
2023 · 47.3%
Current ratio
1.01▼
2023 · 1.08
Quick ratio
0.46▼
2023 · 0.50
Debt / equity
1.22▲
2023 · 1.11
ROE
10.9%▼
2023 · 11.0%
ROA
4.9%▼
2023 · 5.2%
Interest coverage
180.86▼
2023 · 203.50
Debt
€53.65M▲
2023 · €43.54M
Debt ≤ 1 year
€48.14M▲
2023 · €38.00M
Debt > 1 year
€87k▼
2023 · €126k
Income taxes
€1.49M▲
2023 · €1.43M
Staff costs
€11.99M▲
2023 · €11.89M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€82.65M€97.54M▲
Fixed assets21/28€41.63M€48.73M▲
Intangible fixed assets21€40.57M€47.62M▲
Tangible fixed assets22/27€804k€829k▲
Plant, machinery and equipment23€283k€234k▼
Furniture and vehicles24€156k€143k▼
Other tangible fixed assets26€365k€452k▲
Financial fixed assets28€260k€289k▲
Affiliated companies280/1€1k€1k=
Participating interests280€1k€1k=
Other financial fixed assets284/8€259k€288k▲
Amounts receivable and cash guarantees285/8€259k€288k▲
Current assets29/58€41.02M€48.81M▲
Amounts receivable after more than one year29€7k€5k▼
Other amounts receivable291€7k€5k▼
Stocks and contracts in progress3€22.20M€26.48M▲
Stocks30/36€22.20M€26.48M▲
Goods purchased for resale34€22.20M€26.48M▲
Amounts receivable within one year40/41€12.74M€14.55M▲
Trade receivables40€11.97M€13.34M▲
Other amounts receivable41€769k€1.21M▲
Current investments50/53€18k€18k=
Other investments51/53€18k€18k=
Cash at bank and in hand54/58€4.36M€5.80M▲
Deferred charges and accrued income490/1€1.70M€1.96M▲
Equity and liabilities
Total equity and liabilities10/49€82.65M€97.54M▲
Equity10/15€39.11M€43.89M▲
Contributions10/11€4.50M€4.50M=
Capital10€4.50M€4.50M=
Issued capital100€4.50M€4.50M=
Reserves13€11.88M€12.86M▲
Non-distributable reserves130/1€450k€450k=
Legal reserve130€450k€450k=
Tax-exempt reserves132€4.25M€5.24M▲
Distributable reserves133€7.17M€7.17M=
Profit (loss) carried forward14€22.73M€26.52M▲
Amounts payable17/49€43.54M€53.65M▲
Amounts payable after more than one year17€126k€87k▼
Financial debts170/4€126k€87k▼
Leasing and similar obligations172€126k€87k▼
Amounts payable within one year42/48€38.00M€48.14M▲
Current portion of amounts payable after more than one year42€99k€99k▼
Trade debts44€35.81M€45.76M▲
Suppliers440/4€35.81M€45.76M▲
Advances received on contracts in progress46-€90k
Taxes, remuneration and social security45€2.09M€2.08M▼
Taxes450/3€1.11M€1.13M▲
Remuneration and social security454/9€975k€944k▼
Other amounts payable47/48-€118k
Accrued charges and deferred income492/3€5.42M€5.43M▲
Income statement
Code20232024
Operating income70/76A€133.93M€152.59M▲
Turnover70€100.30M€115.03M▲
Own construction capitalised72€2.71M€3.13M▲
Other operating income74€30.92M€34.43M▲
Operating charges60/66A€127.63M€145.75M▲
Goods for resale, raw materials and consumables60€76.89M€90.73M▲
Purchases600/8€74.38M€95.01M▲
Change in stocks: decrease (increase)609€2.50M€-4.28M▼
Services and other goods61€26.73M€30.35M▲
Remuneration, social security and pensions62€11.89M€11.99M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11.53M€12.07M▲
Other operating charges640/8€537k€605k▲
Non-recurring operating charges66A€60k€1k▼
Operating profit (loss)9901€6.30M€6.84M▲
Financial income75/76B€403k€371k▼
Recurring financial income75€403k€371k▼
Income from current assets751€21k€58k▲
Other financial income752/9€382k€313k▼
Non-recurring financial income76B€98-
Financial charges65/66B€983k€946k▼
Recurring financial charges65€983k€946k▼
Debt charges650€88k€105k▲
Other financial charges652/9€895k€842k▼
Profit (loss) for the period before taxes9903€5.72M€6.27M▲
Income taxes67/77€1.43M€1.49M▲
Taxes670/3€1.43M€1.51M▲
Tax adjustments and reversals of tax provisions77-€23k
Profit (loss) for the period9904€4.29M€4.78M▲
Transfer to tax-exempt reserves689€989k€989k=
Profit (loss) for the period to be appropriated9905€3.30M€3.79M▲
Appropriation of the result
Profit (loss) to be appropriated9906€22.73M€26.52M▲
Profit (loss) brought forward from the previous period14P€19.44M€22.73M▲
Social balance
Average headcount (FTE)908781.082.0▲
The notes to these accounts (81 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
27-08
State Gazette act
General meeting · Director resignationGeneral meeting · Director resignation · Director appointment13 facts ▸
State Gazette act
General meeting · Director resignation
General meeting · Director resignation · Director appointment13 facts ▸
- General meeting, 2026-08-10
- Director resignation, Eddy Piron (bestuurder)
- Director appointment, Ramon Carlos Soriano Campistany (bestuurder)
- Mandate compensation, Ramon Carlos Soriano Campistany
- Director reappointment, Kiril Domuschiev (bestuurder)
- Director reappointment, SDL Management BV (bestuurder)
- Permanent representative, Sven Verbraeken
- Board composition, bestuurder, 2026-09-01
- Board composition, bestuurder, 2026-09-01
- Board composition, bestuurder, 2026-09-01
- Board meeting, 2026-08-10
- Director resignation, Eddy Piron (gedelegeerd bestuurder)
- +1 further facts in this act
2025
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
2024
31-12
Financial
Highest result since 2018net €4.78M ▲11.4%
Operating result €6.84M, net result €4.78M, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated
2020
31-12
Financial
Equity above €25MEq €25.73M ▲19.8%
3 profitable years in a row build equity to €25.73M.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26108836). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Ramon Carlos Soriano Campistany
CurrentDirector · since 01-09-2026
Kiril Domuschiev
CurrentDirector · since 10-08-2026
SDL Management
CurrentDirector · since 10-08-2026 · Private limited company · perm. rep.: Sven Verbraeken
01-09-2026
Ramon Carlos Soriano Campistany: Appointed as Director
01-09-2026
Ramon Carlos Soriano Campistany: Appointed as Managing director
31-08-2026
Eddy Piron: Resigned as Director
31-08-2026
Eddy Piron: Resigned as Managing director
10-08-2026
Kiril Domuschiev: Mandate renewed as Director
10-08-2026
SDL Management: Mandate renewed as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Uitbreidingstraat 802600 AntwerpenGround area
9,631 m²
Building footprint
567 m²
Volume, LiDAR
13,029 m³
Parcel 11303B0445/00N008, Flanders · tallest building 28.2 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
HuVePharma
since 20052.148.211.686
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0445/00N008 | Flanders | 9,631 m² | 1 · 567 m² | 28.2 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 partyControl over this companysits on this company's board1
1 subsidiary · 1 location
controls
HuVePharmaBE 0875.283.062
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.148.211.686
Legal Entity Identifier
9676001Z4UE03PFYXL52
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Of 688 companies in sector 46216 we hold annual accounts for 475. 55 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-07-2005
Fiscal year end31-12
Activities, NACEBEL
46216Wholesale of agricultural produce and animal feed, general range
46389Wholesale of other food products
51210
51384
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.