RB PHARMA
ActiveRB PHARMA has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €165k and a net result of €14k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 37964 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▲+50
Solvency80▼-20
Growth44=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.75 in 2023; short-term debt: 45% and cash: 51.8% of total assets), and 45% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
22 d early
2022
36 d late
2021
50 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€183k▼ 4.6%
2018 · €192k
2018: €192k
2018 → 2020
EBIT margin
25.2%▲ 12.3pp
2018 · 12.9%
2018: 12.9%
2018 → 2020
Net result
€14k
2023 · €-33k
2018: €15k
2019: €-28k
2020: €36k
2021: €65k
2022: €68k
2023: €-33k
2018 → 2024
Working capital
€42k▲ 36.9%
2023 · €30k
2018: €3k
2019: €-18k
2020: €6k
2021: €82k
2022: €106k
2023: €30k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€183k-
Equity€72k-€136k▲ 90.0%€204k▲ 49.8%€151k▼ 26.1%€165k▲ 9.6%
Operating result€46k-€82k▲ 77.4%€90k▲ 9.8%€-33k€25k
Net result€36k-€65k▲ 77.1%€68k▲ 5.1%€-33k€14k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €25k after a loss of €33k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €301k
Fixed assets
€124k▲ 2.7%
Current assets
€177k▲ 149%
Equity and liabilities €301k
Equity
€165k▲ 9.6%
Debt
€136k▲ 234%
The debt ratio rises from 21.2% to 45.0%. Equity and debt are higher.
Key figures and ratios
Solvency
55.0%▼
2023 · 78.8%
Current ratio
1.31▼
2023 · 1.75
Quick ratio
1.31▼
2023 · 1.75
Debt / equity
0.82▲
2023 · 0.27
ROE
8.8%▲
2023 · -22.1%
ROA
4.8%▲
2023 · -17.4%
Debt
€136k▲
2023 · €41k
Debt ≤ 1 year
€136k▲
2023 · €41k
Income taxes
€10k
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€192k€301k▲
Fixed assets21/28€121k€124k▲
Tangible fixed assets22/27€63k€66k▲
Land and buildings22€10k€10k▼
Furniture and vehicles24€35k€47k▲
Leasing and similar rights25€3k€2k▼
Other tangible fixed assets26€14k€8k▼
Financial fixed assets28€58k€58k=
Current assets29/58€71k€177k▲
Amounts receivable after more than one year29-€16k
Trade receivables290-€16k
Amounts receivable within one year40/41€9k€2k▼
Trade receivables40€3k-
Other amounts receivable41€7k€2k▼
Cash at bank and in hand54/58€58k€156k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€192k€301k▲
Equity10/15€151k€165k▲
Contributions10/11€6k€6k=
Reserves13€41k€51k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€20k€30k▲
Profit (loss) carried forward14€104k€109k▲
Amounts payable17/49€41k€136k▲
Amounts payable within one year42/48€41k€136k▲
Trade debts44-€4k
Suppliers440/4-€4k
Taxes, remuneration and social security45€19k€27k▲
Taxes450/3€19k€20k▲
Remuneration and social security454/9-€7k
Other amounts payable47/48€21k€104k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k-
Other operating charges640/8€1k-
Gross operating margin9900€-9k€25k▲
Operating profit (loss)9901€-33k€25k▲
Financial charges65/66B€418€453▲
Recurring financial charges65€418€453▲
Profit (loss) for the period before taxes9903€-33k€24k▲
Income taxes67/77-€10k
Profit (loss) for the period9904€-33k€14k▲
Profit (loss) for the period to be appropriated9905€-33k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€124k€119k▼
Profit (loss) brought forward from the previous period14P€157k€104k▼
Transfer to equity691/2-€10k
To other reserves6921-€10k
Profit to be distributed694/7€20k-
Directors or managers695€20k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-33k ▼149%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
05-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 36 days late
2022
31-12
Financial
Highest result since 2018net €68k ▲5.1%
Operating result €90k, net result €68k, both a record.
31-12
Financial
Equity above €200kEq €204k ▲49.8%
3 profitable years in a row build equity to €204k.
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 50 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 3.32
Current ratio from 1.17 to 3.32; short-term debt falls from €35k to €35k.
31-12
Financial
Equity above €100kEq €136k ▲90%
2 profitable years in a row build equity to €136k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 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, Liège · 1 establishment unit since 2013
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.
Place de la Liberté 294030 LiègeGround area
2,419 m²
Building footprint
683 m²
Volume, LiDAR
6,909 m³
2 parcels, Brussels, Wallonia · tallest building 14.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Scheutveldstraat 5, 1070 Anderlecht
since 20132.217.901.634
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0570/00H015 | Brussels | 2,039 m² | 1 · 617 m² | 14.0 m · 3 fl. |
| 62047C0830/00Y007 | Wallonia | 380 m² | 1 · 66 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
254900TW5Z686D64DD43
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 40,728 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-02-2013
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.