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FYTEKO

Active
Public limited companyfounded 2014active for 12 yearsResearchdreef 4, 1070 Anderlecht, BelgiumKBO/BCE: BE 0552.915.242
Summary

FYTEKO has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.0m and a net result of -€2.4m. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 80% of 239 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow ReportCompare
FYTEKOActiveChecked score 69/100
Risk analysis ReportCompare

Overview

Activity
Research and development on biotechnology
NACE 72101Other research and development on natural sciences NACE 72109
4th fastest staff growth in the Brussels-Capital Region, Research and development sector3 sites
Size
€11.7mtotal assets 2025
Staff
15.7 FTE
Equity
€10.0m
Loss
-€2.4m
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Board
8 members
Auditor: SRL DELOITTE Réviseurs d'Entreprises2025 accounts 15 days early8 of 14 deeds summarised
Why 69raises riskLoss of €2.4m, the second in a row (financial year 2025)Liquidity: current ratio 8.10, cash €143,219, halvedSize: 15.7 FTE, total assets €11.7mlowers riskFigures for financial year 2025 (filed 16-07-2026)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 40% of its sector peers (NACE 72, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 100=
equity 85.1% of total assets
Liquidity 52-48
short-term debt 9.5% · cash 1.2%
Profitability 0-2
return on assets -20.2%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (165 companies, NACE 72, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 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: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.3 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 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: 0.7%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 0.7%● unchanged vs 08-2026highest value 10-2026: 0.7%● unchanged vs 09-2026highest value
Credit of up to €650,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.1, compared with 15.91 in 2024, above the usual 1.5; short-term debt: 9.5% and cash: 1.2% of total assets), and 14.9% of the assets are financed with debt and provisions.
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 72, small): better than 85% on solvency, 44% on liquidity, 11% on profitability and 19% on growth.

The bankruptcy probability was computed on 30-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €2.4m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 8.10, cash €143,219, halved
NBB · annual accounts
raises risk · Size: 15.7 FTE, total assets €11.7m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 16-07-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2.4m
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
22 days early
2023
16 days early
2022
41 days early
2021
19 days early
2020
2 days early
2019
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median (NACE 72) for financial year 2024 is 13 days before the deadline, and 32% 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 12 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Carlos Rodriguez-Villa Förster (director)Resignation: Rico Toft CHRISTENSEN (director)…
  2. Annual accounts filedfinancial year 2025 · full…
  3. MiscellaneousFinancial instrument · Power of…

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€2.4m View
  • Caution: Among the weakest 15% on net resultsector median €3,198 · 237 companies -€2.4m View
  • Board changedlatest change 25-06-2026 · 8 in office 1 joined · 1 left View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Caution: Result fell in 2025from -€1.8m to -€2.4m ▼ 28.0% View
  • EU research moneyEU contribution €1.9m View

By topic

Financials

Financial year
2025
Total assets
€11.7m
Loss
-€2.4m
Solvency
85.1%
Total assets▼ 17.0%
Net result
20182025
Go to Financials

Board & ownership

Board
8 members
Auditor
SRL DELOITTE Réviseurs d'Entreprises
  • WÉGRIA Guillaume Bernard Paul GhislainChair
  • INNOVATION FUNDDirector
  • CABRERA PINO Juan CarlosDirector
  • SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENTDirector
  • Patricia Amélia BuenoDirector

and 3 other directors

Go to Board & ownership

Timeline

Events
24
Since
2016
Next accounts
by 31-07-2027
  1. 31-12-2025Weakest financial year
  2. 03-10-2025Resignation: Peter DE DECKER (director)
  3. 09-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Public limited company
Activity
Research and development on biotechnologyNACE 72101
Founded
23-05-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
16
Who signs
Two directors jointly
Annual meeting
25 June at 17:00
Purpose
“Le développement et la commercialisation de produits de traitement des plantes; La…” (deed in French)
Go to Articles of association

Key facts about FYTEKO

What is the company number of FYTEKO?
0552.915.242. In Belgium the VAT number is the company number with BE in front: BE 0552.915.242.
Where is FYTEKO based?
The registered office is at Researchdreef 4, 1070 Anderlecht.Company details
What does FYTEKO do?
According to the KBO register, the main activity is research and development on biotechnology (NACE 72101).
What is the legal form of FYTEKO?
Public limited company (NV).
When was FYTEKO founded?
On 23-05-2014.
Is FYTEKO still active?
Yes, FYTEKO is an active enterprise in the KBO register.
How many employees does FYTEKO have?
On average 15.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FYTEKO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is FYTEKO profitable?
In financial year 2025, FYTEKO made a loss of €2.4m.
Where can I find the annual accounts of FYTEKO?
FYTEKO filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FYTEKO due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

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