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POULPHARM

Active
Private limited companyfounded 2007active for 19 yearsKokelarestraat 83, 8870 Izegem, BelgiumKBO/BCE: BE 0888.282.250
Summary

POULPHARM has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €456,285. Equity has been growing by about 25% per year since 2018. Its solvency ranks better than 22% of 239 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 27-03-2007 Normal situation
Activity
Research and development on biotechnology NACE 72101and 1 other
Joint committee
207 Paritair Comité voor de bedienden uit de scheikundige nijverheid · annual accounts 2025
Establishment units
2.162.609.456 8870 Izegem, since 13-03-2007
2.217.357.642 8551 Zwevegem, since 01-11-2012and 3 others
Financial year end
31 December
Peppol
Reachable since 20-11-2020

Board and ownership

Board
  • DE SASMEESTERDirector · permanent representative Joris Pieter DE GUSSEM
Auditor
AUDITAS BEDRIJFSREVISOREN
Shareholders

Financial position

66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2025
Turnover
€17.0m
▲ 3.9%
Profit
€456,285
▼ 73.6%
Equity
€2.2m
▲ 26.7%
Total assets
€15.5m
▼ 0.5%
Employees on 31-12-2025
115
▲ 12.7%
  • 2025 accounts filed 28 days after the deadline
Filed on 28-08-2026
Score breakdownraises riskLiquidity: current ratio 0.83, cash €242,510Equity €2.2m (14.0% of total assets)1 change of registered office in 24 monthslowers riskSector: Scientific research and development (NACE 72)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 45% of medium-sized companies in research and development (NACE 72)
Financial strength · tick: 2024
Weak
Solvency 39+3
equity 14.0% of total assets
Liquidity 24+3
short-term debt 54.4% · cash 1.6%
Profitability 65-23
return on assets 2.9%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (47 companies, NACE 72, medium-sized)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.5%● unchanged vs 07-2025lowest value 09-2025: 0.5%● unchanged vs 08-2025lowest value 10-2025: 0.5%● unchanged vs 09-2025lowest value 11-2025: 0.8%▲ +0.3 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 1.1%▼ -0.2 percentage points vs 08-2026 10-2026: 1.1%● unchanged vs 09-2026 11-2026: 1.1%● unchanged vs 10-2026
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.83 (0.79 in 2024), below 1. Short-term debt is 54.4% and cash 1.6% of total assets. 86% of the assets are financed with debt and provisions.
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 72, medium-sized). It does better than 30% of them on solvency, 21% on liquidity, 55% on profitability and 75% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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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 0.83, cash €242,510
NBB · annual accounts
raises risk · Equity €2.2m (14.0% of total assets)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Scientific research and development (NACE 72)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 239 sector peers (2025).
NBB · sector comparison
Position among 239 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
44 days early
2023
37 days early
2022
39 days early
2021
24 days early
2020
31 days late
2019
37 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 17 days before the deadline. In the sector (NACE 72), the median for financial year 2024 was 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 25 June (4 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
02-11-2026 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

Key points

  • Caution: Result fell in 2025from €1.7m to €456,285 ▼ 73.6% View
  • Positive: Largest employer in Izegem, Professional and technical services sectorin the Checked rankings No. 1 View
  • Positive: 8 profitable years in a rowprofit 2025: €456,285 8 years View
  • Flemish supportawarded from 2022 to 2025 €1.3m View

Recent changes

  1. · Gazette deed Registered office moved within IzegemPermanent representative: Joris Pieter De Gussem
  2. · Gazette deed Appointment: Auditas Bedrijfsrevisoren (statutory auditor)Permanent representative: Sven Vansteelant
  3. · Gazette deed Company renamed from POULPHARM BVBA to POULPHARMChange of role: DE SASMEESTER, from manager to director · Permanent representative: Joris Pieter DE GUSSEM
All 19 events

Comparable companies

These companies have the same main activity as POULPHARM: research and development on biotechnology (NACE 72101). They are comparable in size and age: total assets between €8.5m and €29m, founded between 2003 and 2014.

CompanyTotal assetsTurnover
POULPHARM Izegem€15.5m€17.0m
DIAGENODE Seraing€21.1m€11.9m
SYNEOS HEALTH BELGIUM Brussel€8.5m€18.9m
Enovalife Evere€21.9m€25.2m
LaCAR MDx technologies Liège€29.1m€8.1m
Inbiose Gent€17.2m€6.3m
Sartorius Xpress Biologics Herstal€10.9m€2.4m
Full comparison

Key facts about POULPHARM

What is the company number of POULPHARM?
The company number of POULPHARM is 0888.282.250. The VAT number is the same number with BE in front: BE 0888.282.250.
Where is POULPHARM based?
The registered office is at Kokelarestraat 83, 8870 Izegem.Company details
What does POULPHARM do?
According to the KBO register, the main activity is research and development on biotechnology (NACE 72101).
What is the legal form of POULPHARM?
The legal form of POULPHARM is Private limited company (BV).
When was POULPHARM founded?
POULPHARM was founded on 27-03-2007.
Is POULPHARM still active?
Yes, POULPHARM is an active enterprise in the KBO register.
How many employees does POULPHARM have?
POULPHARM had an average of 106 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does POULPHARM fall under?
In its 2025 annual accounts, POULPHARM states joint committee 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid).
What is the turnover of POULPHARM?
The turnover of POULPHARM was €17.0m in financial year 2025, according to the filed annual accounts.
Is POULPHARM profitable?
In financial year 2025, POULPHARM made a profit of €456,285.
Where can I find the annual accounts of POULPHARM?
POULPHARM filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of POULPHARM due?
POULPHARM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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