ANTOINE DERBAUD
ActiveThe computed 12-month bankruptcy probability of ANTOINE DERBAUD is 1.9% (moderate). The 2025 annual accounts show equity of €86k and a net result of €16k. Equity is growing by ~35.9% per year across the filed fiscal years. Its solvency ranks better than 78% of 18173 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-10
Solvency93▼-7
Growth35▼-17
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.23 against 5.07 in 2024; short-term debt: 22% and cash: 24% of total assets), and 31.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.1%
Return on assets
12.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
26 d late
2024
29 d late
2023
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€68k▼ 10.8%
2024 · €76k
2023: €91k
2024: €76k
2023 → 2025
EBIT margin
32.0%▼ 25.2pp
2024 · 57.2%
2023: 43.4%
2024: 57.2%
2023 → 2025
Net result
€16k▼ 52.3%
2024 · €34k
2023: €31k
2024: €34k
2023 → 2025
Working capital
€62k▼ 11.6%
2024 · €70k
2023: €36k
2024: €70k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€91k-€76k▼ 17.1%€68k▼ 10.8%
Equity€36k-€70k▲ 94.6%€86k▲ 23.2%
Operating result€40k-€43k▲ 9.3%€22k▼ 50.0%
Net result€31k-€34k▲ 9.9%€16k▼ 52.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 50% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126k
Fixed assets
€37k
Current assets
€90k
Equity and liabilities €126k
Equity
€86k▲ 23.2%
Debt
€40k▲ 133%
The debt ratio rises from 19.8% to 31.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28k
Cash flow
€23k
Solvency
68.1%▼
2024 · 80.2%
Current ratio
3.23▼
2024 · 5.07
Quick ratio
3.23▼
2024 · 5.07
Debt / equity
0.47▲
2024 · 0.25
ROE
18.8%▼
2024 · 48.6%
ROA
12.8%▼
2024 · 39.0%
Interest coverage
39.13
Debt
€40k▲
2024 · €17k
Debt ≤ 1 year
€28k▲
2024 · €17k
Debt > 1 year
€12k
Income taxes
€5k▼
2024 · €9k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€87k€126k▲
Fixed assets21/28-€37k
Tangible fixed assets22/27-€37k
Plant, machinery and equipment23-€2k
Furniture and vehicles24-€35k
Current assets29/58€87k€90k▲
Amounts receivable within one year40/41€9k€8k▼
Trade receivables40€9k€8k▼
Current investments50/53-€50k
Cash at bank and in hand54/58€77k€30k▼
Deferred charges and accrued income490/1€783€738▼
Equity and liabilities
Total equity and liabilities10/49€87k€126k▲
Equity10/15€70k€86k▲
Contributions10/11€5k€5k=
Reserves13€65k€81k▲
Distributable reserves133€65k€81k▲
Amounts payable17/49€17k€40k▲
Amounts payable after more than one year17-€12k
Financial debts170/4-€12k
Amounts payable within one year42/48€17k€28k▲
Current portion of amounts payable after more than one year42-€9k
Trade debts44€382€3k▲
Suppliers440/4€382€3k▲
Taxes, remuneration and social security45€14k€9k▼
Taxes450/3€14k€8k▼
Remuneration and social security454/9-€1k
Other amounts payable47/48€3k€7k▲
Accrued charges and deferred income492/3€90€415▲
Income statement
Code20242025
Turnover70€76k€68k▼
Goods, raw materials, services and sundry goods60/61€32k€40k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€7k
Other operating charges640/8€696€516▼
Gross operating margin9900€44k€29k▼
Operating profit (loss)9901€43k€22k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€165€722▲
Recurring financial charges65€165€722▲
Profit (loss) for the period before taxes9903€43k€21k▼
Income taxes67/77€9k€5k▼
Profit (loss) for the period9904€34k€16k▼
Profit (loss) for the period to be appropriated9905€34k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€16k▼
Transfer to equity691/2€34k€16k▼
To other reserves6921€34k€16k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €16k ▼52.3%
Net result drops to €16k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2023net €34k ▲9.9%
Operating result €43k, net result €34k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2022
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.
Rue des Bruyères(JAM) 226120 Ham-sur-Heure-NalinnesGround area
2,661 m²
Building footprint
193 m²
Volume, LiDAR
1,154 m³
Parcel 56037A0229/00X016, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ANTOINE DERBAUD
since 20222.332.756.265
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56037A0229/00X016 | Wallonia | 2,661 m² | 1 · 193 m² | 7.5 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900LMSESKQEBOZA56
Similar companies · same sector, comparable size
APOTHEEK DE MAN
BE 0442.732.447
Sint-Truiden · Eq €86k
Farmajes
BE 0681.788.254
Antwerpen · Eq €86k
APOTHEEK VAN OVERBERGE - VAN DEN STEEN
BE 0457.932.941
Gent · Eq €86k
VANCOPHAR
BE 0540.905.553
Bierbeek · Eq €86k
apotheek Maes
BE 0874.956.826
Hoegaarden · Eq €86k
Of 5,223 companies in sector 47730 we hold annual accounts for 3,862. 3,313 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2022
Fiscal year end31-12
Activities, NACEBEL
47730Retail sale of pharmaceutical products
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.