HINGIPHAR
ActiveHINGIPHAR has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.05M and a net result of €116k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 9580 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
100
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▲+4
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 6.92 against 10.0 in 2023), and 14.3% 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
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 2024Solvency, return and age of the figures
Solvency
85.7%
Return on assets
9.5%
Age of the figures
20 mo
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 30-05-2025, 62 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
62 d early
2023
23 d early
2022
26 d early
2021
39 d early
2020
25 d early
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.05M▲ 0.3%
2023 · €1.05M
2018: €970k
2019: €820k
2020: €890k
2021: €944k
2022: €972k
2023: €1.05M
2018 → 2024
Total assets
€1.23M▲ 5.5%
2023 · €1.16M
2018: €1.14M
2019: €976k
2020: €1.01M
2021: €1.08M
2022: €1.13M
2023: €1.16M
2018 → 2024
Net result
€116k▲ 9.0%
2023 · €106k
2018: €99k
2019: €113k
2020: €149k
2021: €136k
2022: €126k
2023: €106k
2018 → 2024
Working capital
€1.03M▲ 0.2%
2023 · €1.03M
2018: €879k
2019: €814k
2020: €852k
2021: €940k
2022: €969k
2023: €1.03M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€890k-€944k▲ 6.1%€972k▲ 2.9%€1.05M▲ 7.7%€1.05M▲ 0.3%
Operating result€230k-€211k▼ 8.3%€192k▼ 8.9%€165k▼ 14.3%€175k▲ 6.2%
Net result€149k-€136k▼ 8.7%€126k▼ 7.4%€106k▼ 15.8%€116k▲ 9.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 6% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.23M
Fixed assets
€23k▲ 7.6%
Current assets
€1.20M▲ 5.4%
Equity and liabilities €1.23M
Equity
€1.05M▲ 0.3%
Debt
€175k▲ 52.4%
The debt ratio rises from 9.9% to 14.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€178k▲
2023 · €166k
Cash flow
€120k▲
2023 · €108k
Solvency
85.7%▼
2023 · 90.1%
Current ratio
6.92▼
2023 · 10.00
Quick ratio
5.49▼
2023 · 7.86
Debt / equity
0.17▲
2023 · 0.11
ROE
11.0%▲
2023 · 10.2%
ROA
9.5%▲
2023 · 9.2%
Interest coverage
38.71▲
2023 · 18.49
Debt
€175k▲
2023 · €115k
Debt ≤ 1 year
€174k▲
2023 · €114k
Income taxes
€54k▲
2023 · €49k
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€1.16M€1.23M▲
Fixed assets21/28€21k€23k▲
Tangible fixed assets22/27€21k€23k▲
Plant, machinery and equipment23€13k€17k▲
Furniture and vehicles24€8k€6k▼
Current assets29/58€1.14M€1.20M▲
Stocks and contracts in progress3€244k€248k▲
Stocks30/36€244k€248k▲
Amounts receivable within one year40/41€52k€61k▲
Trade receivables40€50k€61k▲
Other amounts receivable41€2k€45▼
Cash at bank and in hand54/58€836k€887k▲
Deferred charges and accrued income490/1€9k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.23M▲
Equity10/15€1.05M€1.05M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€985k€988k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€979k€982k▲
Amounts payable17/49€115k€175k▲
Amounts payable within one year42/48€114k€174k▲
Trade debts44€54k€14k▼
Suppliers440/4€54k€14k▼
Taxes, remuneration and social security45€685€18k▲
Taxes450/3€685€18k▲
Other amounts payable47/48€59k€142k▲
Accrued charges and deferred income492/3€964€1k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€3k€1k▼
Gross operating margin9900€168k€180k▲
Operating profit (loss)9901€165k€175k▲
Financial charges65/66B€9k€5k▼
Recurring financial charges65€9k€5k▼
Profit (loss) for the period before taxes9903€156k€170k▲
Income taxes67/77€49k€54k▲
Profit (loss) for the period9904€106k€116k▲
Profit (loss) for the period to be appropriated9905€106k€116k▲
Appropriation of the result
Profit (loss) to be appropriated9906€106k€116k▲
Transfer from equity791/2€31k€113k▲
Transfer to equity691/2€106k€116k▲
To other reserves6921€106k€116k▲
Profit to be distributed694/7€31k€113k▲
Return on contributions (dividend)694€31k€113k▲
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
2025
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1MEq €1.05M ▲7.7%
6 profitable years in a row build equity to €1.05M.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €149k ▲32.8%
Operating result €230k, net result €149k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Kampenhout · 1 establishment unit since 1997
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.
Ferdinand Verstraetenlaan 451910 KampenhoutGround area
622 m²
Building footprint
169 m²
Volume, LiDAR
1,052 m³
Parcel 23038D0674/00R003, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ferdinand Verstraetenlaan 45, 1910 Kampenhout
since 19972.084.103.792
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23038D0674/00R003 | Flanders | 622 m² | 1 · 169 m² | 9.2 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
Food safety, FASFC
1 siteKampenhout2.084.103.792
Similar companies · same sector, comparable size
VINVEST
BE 0451.022.086
Edegem · Eq €1.05M
PHARMACIE MATHIEU
BE 0882.228.955
Sivry-Rance · Eq €1.05M
PHARMACOZ
BE 0425.551.173
Gerpinnes · Eq €1.05M
Apotheek Hooijmaaijer BV
BE 0841.905.065
Sint-Katelijne-Waver · Eq €1.05M
PHARMACIES ENGELS
BE 0821.492.208
Malmedy · Eq €1.06M
Of 5,209 companies in sector 47730 we hold annual accounts for 3,851. 2,970 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-05-1997
Fiscal year end31-12
Activities, NACEBEL
47730Retail sale of pharmaceutical products
52310
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.